India Financial News

₹2,883 on Monday, the Sensex heavyweight has managed to end higher for the past two sessions. The opening of reliance share price today was at ₹3027.50, but it quickly gained momentum and reached an intraday high of ₹3,075 per share on NSE.

India vs England Live Score Updates: After being unbeaten in the ICC Men's T20 World Cup 2024 till now, Rohit Sharma-led India will clash with defending champions – Jos Buttler-led England – for the semi final match at the Guyana National Stadium on 27 June from 8 pm onwards.India vs England Live Score Updates: Head to HeadLooking at the stats, India and England have played 23 T20I matches, out of which India have won 12 while England remained unbeaten in 11 matches.In T20 World Cup tournaments, India and England have clashed four times, where both teams won twice each.India vs England Live Score Updates: SquadsIndia: Rohit Sharma (captain), Hardik Pandya (vice-captain), Yashasvi Jaiswal, Virat Kohli, Suryakumar Yadav, Rishabh Pant, Sanju Samson, Shivam Dube, Ravindra Jadeja, Axar Patel, Kuldeep Yadav, Yuzvendra Chahal, Arshdeep Singh, Jasprit Bumrah, Mohammed Siraj.England: Jos Buttler (c), Moeen Ali, Jofra Archer, Jonathan Bairstow, Harry Brook, Sam Curran, Ben Duckett, Tom Hartley, Will Jacks, Chris Jordan, Liam Livingstone, Adil Rashid, Phil Salt, Reece Topley, Mark Wood. India vs England Live: According to AccuWeather, there’s a 25% chance of rain during the match and 95% cloud cover.

Sylvan Plyboard (India) IPO Allotment Update: After receiving a robust response from investors during the bidding period from June 24 to June 26, attention now turns to the allotment procedure for Sylvan Plyboard.The allotment for the Sylvan Plyboard IPO is expected to be finalised today. Investors can monitor their allotment status through the registrar, Bigshare Services Pvt.

MUMBAI : India has long relied on global giants for medical devices to equip a healthcare network burdened by a lack of doctors, expensive treatments, and inadequate technology. Now, domestic medtech firms are taking the fight to their international peers, attracting interest from top-tier global investors and pharmaceutical giants. According to Indian government estimates, India is the fourth-largest market for medical devices in Asia.

Poco F6 review: New benchmark for smartphones under ₹30,000The Realme C61 is confirmed to be priced at ₹7,699 for the 4GB RAM/64GB storage variant, ₹8,499 for the 4GB RAM/128GB storage variant and ₹8,999 for the 6GB RAM/128GB storage variant. However, during the initial sale, the 6GB RAM variant will be available at a price of ₹8,099.The initial offer will be available from June 28 to July and the C61 can be purchased from Realme's own website, Flipkart and brand authorised retail stores.Alos Read | Best gaming phones to buy under ₹30,000 in June 2024: Poco F6, Realme GT 6T, Infinix GT 20 Pro and moreThe Realme C61 is confirmed to feature an HD+ LCD display with a waterdrop-style notch at the top.

Investing in penny stocks can be a high-risk, high-reward proposition, but for those with a keen eye for market trends, it offers the potential for significant gains. As the market continues to show signs of recovery and growth, certain low-priced stocks are catching the attention of savvy investors. A select few of these are showing strong potential of rebounding.

₹1 trillion in premiums, growing by 20.2%. Yet, 73% of India's population lacks health insurance. With medical inflation at 14%, promoting health insurance is critical.

Please clarify the tax liability and necessary form/return for a US citizen to get his share of an ancestral property being sold. My Sister is a US citizen withher share in her father's property inherited through a Will. Please clarify the tax liability, the ITR to be filed, and how the Indian Rupee will be converted to US dollars. Please also guide us through the remittance process and the law under RBI/FEMA, etc.Answer: There is no tax liability when one inherits any asset.

World Cup semi-final, Guyana was lashed by 12 straight hours of rain on Wednesday and the thunderstorms are expected to play spoilsport during the India-England clash on Thursday.Also Read | T20 World Cup 2024 designed to benefit India: Michael Vaughan accuses ICC of being 'unfair'Moreover, ICC has confirmed that unlike the first semi-final, there is no reserve day alloted for completition of play but an additional 250 minutes of time has been alloted to get a result. Meaning that the second finalist for T20 World Cup has to be decided today in any circumstance.

PG Electroplast Ltd share price rose 5% to scale all time high on Thursday. PG Electroplast share price that opened at ₹3410.00 on Thursday, up 1.2% higher over the previous close of ₹3346.45 however continued to gain and touched all time highs of ₹3,546.40 , marking gains of more than 5% on the BSE.PG Electroplast Ltd share price having gained 119% , has more than doubled in last one year having given Multibagger returns to the investors.

India slips 10 spots since 2019 on WEF’s travel & tourism ranking despite growth However, it is a very employment-intensive sector. The 2022-23 Periodic Labour Force Survey (PLFS) indicates that its share in employment is 5.5%: i.e., more than five times its share in GDP. Also, tourism has strong linkages with allied sectors in terms of both output and employment.

Also Read: Nifty Bank hits fresh high, crosses 53,000 mark as it continues winning streak for 4th day in a rowOverall, 19 constituents of the Nifty 50 index are trading in the green, with gains ranging between 0.1% and 4.3%.“Key heavyweights continue to push the benchmark index higher to achieve new targets. We remain positive on the market and advise traders to maintain a positive bias and use any dips as a buying opportunity," said Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One.The Sensex and the Nifty 50 started off Thursday's trading at record high levels with little gains on the day of the monthly derivatives' expiry, but eventually saw losses as a result of profit-booking in the early trade.

Salil Parekh, CEO of India's second biggest IT services export company, has agreed to pay a fine of ₹25 lakh (close to $30,000) to the markets regulator for failing to have adequate controls to prevent insider trading, it added.The case pertains to entities and individuals including Pranshu Bhutra, Amit Bhutra, Bharath C. Jain, Capital One Partners, Tesora Capital, and Venkata Subramaniam V.

Stock split 2024: Cellecor Gadgets shares are one of the multibagger stocks the Indian stock market has delivered in recent years. The NSE SME IPO was launched in September 2023 at ₹87 to ₹92 per equity share. The SME stock had a par listing on the NSE SME Emerge at ₹92 apiece.

Winny Immigration debuted on the NSE SME platform with a premium of 71% on Thursday. The stock was listed at Rs 240 as against an issue price of Rs 140. Ahead of the debut, the company's shares were trading with a premium of Rs 75 in the unlisted market.

IIFL Securities today fell 7% to a low of Rs 219.45 on account of the company’s association with Sanjiv Bhasin, who is facing Securities and Exchange Board of India (SEBI) inquiry for alleged stock manipulation. Sanjiv Bhasin is a known face on various business news channels and digital media platforms, where he discusses trading ideas pertaining to stocks and was associated with IIFL Securities as a Consultant on a contractual basis.

Whirlpool of India rose 19% on BSE to its fresh all-time high of Rs 2,190 as German engineering group Robert Bosch is reportedly weighing a bid for the parent company Whirlpool Corporation. The privately held German industrial firm has been consulting with potential advisers about a possible bid for Whirlpool Corporation, Reuters said, citing three people familiar with the matter

mutual funds have dominated the returns chart in the first half of 2024, an analysis of the return charts showed. There were around 208 sectoral/thematic funds in the said period. The toppers in the list were from the infrastructure sector, defence sector and PSU sector. HDFC Defence Fund, the topper in the list, gave 55.22% return in the first half of 2024. Bandhan Infrastructure Fund and LIC MF Infra Fund, two infrastructure sector based funds, gave 43.43% and 40.67% returns respectively.

T20 World Cup semifinal was 19 months ago in Adelaide, where an impressive opening partnership by Jos Buttler and Alex Hales led England to a ten-wicket victory. This semifinal clash between India and England promises to be a high-stakes match with both teams aiming to secure their place in the final and make history in their own right.

Kerala on Wednesday night, prompting authorities to urge people to take utmost care while travelling through hilly and inundated areas. An orange alert has been issued by the India Meteorological Department (IMD) in seven districts, and a yellow alert in the remaining districts in the state for Thursday. An orange alert means very heavy rain of 11 cm to 20 cm and a yellow alert means heavy rainfall between 6 cm and 11 cm. Heavy rain with maximum surface wind speed up to 40 Kmph (in gusts) is very likely to occur in many places at Kannur, and Kasaragod districts, the Kerala State Disaster Management Authority said on Thursday.

Domestic benchmark index NSE Nifty gained 41.61 points to 23910.4, while the BSE Sensex traded 218.71 points up at 78892.96.