India Financial News

₹2999 for the basic blender and jar you can add additional accessories for an increased bundle price and avail discounts as well.I recently got my hands on the BlendJet 2 Next-Gen Portable Blender along with its attachments and carry case. I tinkered with it and tried out multiple recipes. So is it worth the hype? And does the BlendJet price get justified when compared to other portable blenders available in India? I am here to answer all your questions and more in this review of the Blendjet 2 Next-Gen Portable Blender.

CNG systems during manufacturing, Honda will reportedly provide these kits through its dealerships as aftermarket add-ons. This approach allows flexibility for customers to retrofit CNG capabilities onto both manual and CVT transmission versions of the aforementioned models.Reportedly, the CNG conversion is likely to be priced between ₹75,000 to ₹85,000 inclusive of installation, and will include a one-year warranty from Honda dealerships, ensuring peace of mind for buyers.

A retired professor, 86, shows it's never too late to benefit from mutual fundsBut the risk is that if the earnings growth of a company disappoints even slightly, there can be a sharp correction in its stock because the P/E multiples of such companies tend to be on the higher side due to estimates of higher earnings growth. Franklin India Flexi Cap Fund, ICICI Prudential Flexicap Fund and Parag Parikh Flexi Cap are some examples of value-oriented flexicap funds. The risk with value style is that there can be long periods of underperformance when the markets favour growth companies.

-Name withheld on requestOne needs to understand the distinction between succession and nomination to ensure his estate plan is effective. In India, succession occurs through testamentary (through a valid will) or intestate (without a valid will) processes.

“We are very excited with the way we have gained market share in recent times for our biosimilars in the US. We have always been sort of aiming for a 20% market share for our insulins globally and it is happening. I mean, it has happened in the US even sooner than we anticipated largely because of this huge demand. That has kind of created a large opportunity for us in insulins and I think we are benefiting from that, sort of windfall,” says Kiran Mazumdar Shaw, Executive Chairperson, Biocon. Wanted to begin by asking you about India because I think that is, of course, the biggest talking point at the IGF as well. Clearly it seems like a Goldilocks scenario for India, but the question to you is, is this optimism actually being shared and felt by corporate India as well?

Amitabh Bachchan has purchased three more office properties spread across three floors in a commercial project in Oshiwara locality of Mumbai’s western suburb Andheri for nearly Rs 60 crore. The actor already owns four offices totalling over 12,000 sq ft built up and 10,800 sq ft carpet area in the same commercial tower. ET had reported in September that these offices spanning an entire floor were bought and leased to music entertainment company Warner Music India through a long-term agreement for a total tenure of five years. The new office space spread over 8,429 sq ft carpet area is on the 27th, 28th, and 29th floor of the ready to move commercial tower. As part of the deal, the buyer will also get exclusive access to three car parking slots in the building.

external debt was placed at $663.8 billion, an increase of US$ 39.7 billion over its level at end-March 2023, informed the Reserve Bank of India on Tuesday. If the valuation effect were excluded, external debt would have increased by $48.4 billion instead of $ 39.7 billion. Despite the rise, the country's external debt to GDP ratio declined to 18.7 per cent at end-March 2024 from 19 per cent at the end of March 2023. The ratio comprises both government and non-government Debt. As per the data provided by the central bank, the government's external debt stood at 4.2 per cent of GDP while the non-government sector's external debt was placed at 14.5 per cent. «US dollar-denominated debt remained the largest component of India’s external debt, with a share of 53.8 per cent at end-March 2024, followed by debt denominated in the Indian rupee (31.5 per cent), yen (5.8 per cent), SDR (5.4 per cent), and euro (2.8 per cent),» said country's central bank in the statement.

arrest warrants for Russia's chief of the General Staff Valery Gerasimov, and former defence minister Sergei Shoigu. Warrants were issued for the alleged war crimes of directing attacks at civilian objects and causing excessive incidental harm to civilians, as well as the crime against humanity of «inhumane acts» in Ukraine, the ICC said in a statement. ICC judges said there were «reasonable grounds to believe that the two suspects bear responsibility for missile strikes carried out by the Russian armed forces against the Ukrainian electric infrastructure from at least 10 October 2022 until at least 9 March 2023.»

A sleeping fund house has finally woken up and is quickly making inroads in the flexi cap category.

Income Tax Filing: As the deadline of July 31 for filing Income Tax Returns (ITR) approaches, taxpayers who have engaged in transactions involving shares, mutual funds, jewellery, real estate, and derivatives trading must ensure accurate reporting of their capital gains and losses. The correct disclosure of these transactions is essential for maintaining financial compliance and avoiding penalties.

BENGALURU:The Indian Venture and Alternate Capital Association (IVCA) has sought a review of the Competition Commission of India's (CCI's) definition of control over companies by private equity (PE) funds in a meeting with the Union finance minister Nirmala Sitharaman ahead of the Budget 2024-25.“When PE funds invest in companies, they have some rights to protect themselves that can be viewed as a control position. So, the question was if there can be an exemption for PE funds," Srini Sriniwasan, vice-chairperson of the industry body for alternative assests, told Mint in an interview on Tuesday.Besides, the IVCA discussed measures to boost domestic capital in alternative investment funds (AIFs) to finance infrastructure, credit, startups and growth companies in the pre-budget consultation meeting on 20 June.The finance minister is expected to present the budget by July end.Sriniwasan, who is also the managing director of Kotak Alternate Asset Managers Ltd, asked for more clarity on the definition of what constitutes a PE investor.

Reasons to BuyReasons to AvoidThe Panasonic 20L Solo Microwave Oven is ideal for bachelors and small families. With 51 auto cook menus, this microwave allows you to prepare a variety of dishes effortlessly.

Best realme Bluetooth headphones: Cut the cords and experience wireless audio, top 5 picks3.boAt Wave Sigma with HD DisplayThe boAt Wave Sigma smartwatch comes with a 2.01-inch HD display that shines brightly at 550 nits, providing exceptional visibility. With its built-in speaker and microphone, you can conveniently make and receive calls directly from your wrist using Bluetooth calling.

Top Gainers: Axis Bank (up 3.40%), ICICI Bank (up 2.48%), HDFC Bank (up 2.32%), Tech Mahindra (up 1.80%), and Larsen & Toubro (up 1.56%).Top Losers: Power Grid Corporation Of India (down 1.64%), Tata Steel (down 1.24%), Asian Paints (down 1.16%), Nestle India (down 0.56%), and Maruti Suzuki India (down 0.52%).Top Gainers: Shriram Finance (up 3.73%), Axis Bank (up 3.53%), ICICI Bank (up 2.38%), HDFC Bank (up 2.33%), and HDFC Life Insurance Company (up 1.98%).Top Losers: Bharat Petroleum Corporation (down 2.93%), Eicher Motors (down 1.97%), Power Grid Corporation Of India (down 1.67%), Asian Paints (down 1.30%), and Tata Steel (down 1.28%).Top Gainers: HDFC Asset Management Company, L&T FINANCE, Indian Hotels Company, Alkem Laboratories, and MRF.Top Losers: Oberoi Realty, NMDC, Bandhan Bank, Suzlon Energy, and Tube Investments Of India.Top Gainers: Raymond, JBM Auto, Olectra Greentech, City Union Bank, and Nippon Life.Top Losers: Happiest Minds Technologies, Mangalore Refinery & Petrochemicals, Creditaccess Grameen, Navin Fluorine International, and Chambal Fertilisers & Chemical.Top Gainers: Raymond (up 7.43%), Godrej Agrovet (up 6.83%), Welspun Corp (up 5.74%), Lakshmi Machine Works (up 5.48%), and Patanjali Foods (up 5.01%).Top Losers: Happiest Minds Technologies (down 9.44%), Macrotech Developers (down 4.77%), United Breweries (down 4.23%), Indiabulls Real Estate (down 3.96%), and Mangalore Refinery & Petrochemicals (down 3.87%).Top Gainers: Raymond (up 6.46%), Welspun Corp (up 5.74%), Westlife Development (up 4.96%), LIC Housing Finance (up 4.90%), and Patanjali Foods (up 4.70%).Top Losers: Happiest Minds Technologies (down 9.46%), Macrotech Developers (down 4.43%), United Breweries (down 4.14%), Oberoi Realty (down

The matches will be streamed live for free on Disney+ Hotstar. Live coverage will also be available on Star Sports Network.

₹19.38 crore on Facebook and Instagram, and the Congress spent at least ₹10.88 crore. Similarly, the BJP spent at least ₹85.8 crore, and the Congress at least ₹45.4 crore on Google, including YouTube. The ad repositories of Google and Meta, which are not as transparent as they should be, and only tell part of the story, show that the two companies earned 9-10 digit figures from just two major political parties between February and May 2024.

U.S. West Coast refiners are replacing their heavy Iraqi oil imports with cheaper crude from Canada as the newly expanded Trans Mountain pipeline reshuffles trade flows across the Pacific.

On the BSE, Ascensive Educare(down 20.00 per cent), Tanvi Foods(India)(down 20.00 per cent), Achyut Healthcare(down 11.40 per cent), Source Natural(down 10.71 per cent) and Transpact Enterprise(down 9.98 per cent) stood among the top losers in today's trade.

HPCL, ONGC and Gujarat State Petronet (GSPL) are the only stocks with value in the Indian oil and gas sector, domestic brokerage firm Motilal Oswal stated in its report, noting that value trade has faded away in the sector. Motilal Oswal maintained a ‘buy’ call on HPCL, ONGC and GSPL with target prices of Rs 400, Rs 340 and Rs 385 respectively.

Beetel Teletech on Tuesday said it has signed a deal with Alcatel-Lucent Enterprise to distribute the French company's product portfolio, including its networking and communications solutions such as network switches, wireless access points and routers. «By combining Alcatel-Lucent Enterprise's world-class product portfolio with our deep understanding of the Indian market, we are well-equipped to deliver unmatched value to enterprises across various critical sectors,» said Sanjeev Chhabra, managing director at Beetel, said in a joint statement.

Lexus Granito(India)Ltd.(up 20.01%), Ashapura Minechem Ltd.(up 4.24%), Madhav Marbles & Granites Ltd.(up 1.99%), KIOCL Ltd.(up 1.12%), Pokarna Ltd.(up 0.84%), Gujarat Mineral Development Corporation Ltd.(up 0.63%) and Aro Granite Industries Ltd.(up 0.04%) stood among the top gainers.