India Financial News

New Delhi:A Bengaluru-based Indian technology company is among at least 10 firms from several countries against whom Japan has imposed sanctions for allegedly helping Russia evade punitive economic measures.The actions against the companies including asset freeze and export bans were announced by the Japanese Foreign Ministry.The other companies belonged to China, Kazakhstan, Uzbekistan and the United Arab Emirates.The West and its allies have imposed strict punitive trade and economic sanctions against Russia over its invasion of Ukraine.Japan has introduced punitive measures under the Foreign Exchange and Foreign Trade Act, the Japanese foreign ministry said in a statement.It named the Indian company in the list of firms which will be facing sanctions from the Japanese government.Last week, Japanese Prime Minister Fumio Kishida said at the G7 summit in Italy that his government is imposing sanctions on companies and groups which are helping Russia evade economic sanctions.The G7 grouping has imposed a series of punitive sanctions against Russia including asset freeze for its invasion of Ukraine.Japan has already imposed punitive measures on a number of Russian companies.

Rohit Sharma-led India leading the points table with 4 points and a net run run rate of +2.425, India's chances are more better than Australia, who were suffered a stunning defeat to Rashid Khan-led Afghanistan and lost by 21 runs in Sunday morning. Australia have 2 points and a NRR of +0.223ALSO READ: ‘That’s what I love about Rohit Sharma’: Aaron Finch praises captain for changing team’s batting style in T20 World CupHowever, Australian skipper Mitchell Marsh claims that for them to be back in action, India is the perfect team and they will have to beat India at any cost."First and foremost, it becomes clear for us. We need to win, and no better team to do it against.

Rohit Sharma-led Indian cricket team is all set to face their toughest rivals, Mitchell Marsh-led Australia, in the final Super Eight clash in the ongoing ICC Men's T20 World Cup 2024 at the Daren Sammy Cricket Ground in Saint Lucia on June 24.In the tournament India have been unbeaten and are currently leading the point table in Super Eight stage. They have a good chance to qualify for the semis unless they are defeated by a big margin.For Australia, winning the match is not only crucial to proceed in the semis, but if they don't win with a better run rate and Afghanistan beat Bangladesh with good amount of runs, the latter would qualify.ALSO READ: Mitchell Marsh warns Rohit Sharma's men in blue ahead of T20 Super 8 clash: ‘…no better team...’Everything depends on the weather conditions.

Rohit Sharma and Virat Kohli's inconsistent form in the ongoing ICC Men's T20 World Cup 2024 has been under criticism.Despite India being unbeaten in all six matches played in the tournament, Kohli and Rohit have failed to show their batting prowess.In the last Super Eight match – played with Bangladesh on Saturday – Kohli scored 37 off 28 balls, while Rohit scored a quickfire 11-ball 23.During the post-match chat, legendary India batter Sunil Gavaskar compared Rohit Sharma and Virat Kohli's dismissals.

₹10,000 he earns as an “errand boy" is just enough to keep his family going. Not surprisingly, the educated, underemployed young man is frustrated and angry. And he is not alone—a multitude of disgruntled youth across the country find themselves in a similar predicament.

Mint on condition of anonymity that the demand-driven model in question has created conflicts in terms of how government bodies pursue space missions. “No global space economy has ever been successful without the government being the primary customer for public as well as private sector firms. In India, government departments and agencies under various ministries are conflicted regarding the allocation of funds to Isro, which is creating this said demand shortage in the market.

ALSO READ: Netizens in awe after Afghanistan stun Australia in T20 World Cup, say: ‘Success is the sweetest revenge’Afghanistan defended their total of 148 for six and restricted Australia to just 127. Gulbadin Naib's four wicket haul overpowered Pat Cummins's hat-trick, following which the Australians fell like pack of cards. Stats wise, this is the first loss for Australia against Afghanistan in 6 international matches.After the victory, the Afghan players celebrated in the most unique fashion – dancing to the tunes of Dwayne Bravo's iconic song, ‘Champion’.Apart from the players – including captain Rashid Khan, pacer Fazalhaq Farooqi and Mohammad Nabi – even the Afghan coach Jonathan Trott could be seen dancing on the song.ALSO READ: AFG vs AUS T20 World Cup: Resilient Afghanistan stage a comeback, defeat Australia by 21 runs"It's massive win for us as a team and as a nation.

viral video on Instagram has captured the attention of Indian consumers, shedding light on the staggering prices of Indian groceries in London. Chavi Agarwal, a Delhi native currently residing in London, took her Instagram followers on a virtual tour of an Indian grocery store in the British capital, revealing price discrepancies that left many astounded.

IMA on Sunday welcomed the government's decision to transfer the probe into alleged irregularities in NEET-UG to the CBI. The Indian Medical Association (IMA) also expressed its gratitude to Prime Minister Narendra Modi and other key ministers for their prompt response to concerns surrounding the controversies over the exam. «We extend our gratitude to the Union Ministry of Education for transferring the investigation of the 'irregularities' in NEET-UG to the CBI for a thorough probe,» it said in a statement. The Central Bureau of Investigation (CBI) filed an FIR on Sunday in connection with the alleged irregularities in Eligibility-cum-Entrance Test Undergraduate (NEET-UG) held on May 5 on a reference from the Union education ministry, amid countrywide protests and litigation by students for a probe into paper leak claims.

Arvind Kejriwal's bail, Aam Aadmi Party (AAP) supremo filed a petition in the Supreme Court of India against the same, the party said on Sunday. The Delhi CM's lawyers have appealed for a hearing on Monday morning, they added. The Directorate of Enforcement (ED) on Friday had moved Delhi High Court against a trial court's Thursday order of granting bail to Kejriwal in the alleged excise policy case.

India is home to 30 future Unicorns in the Fintech sector, with consumer lending emerging as the dominant subcategory, constituting more than half of the FinTech future Unicorns, ASK Private Wealth Hurun India Future Unicorn Index 2024 observed. The total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sector leads with the highest number of companies that can become Unicorns in future. The Fintech start-ups featured in this year's report have collectively raised an investment of USD 5.7 billion. FinTech holds a strong position, commanding a substantial share of the overall value of future Unicorns, with a total of US$11.4 billion or 20 per cent of the total value.

Amit Shah on Sunday said at least 50 large ponds should be created in the northeast to divert water of the Brahmaputra to help tackle floods and develop agriculture, irrigation and tourism. Chairing a review meeting on preparedness for flood management during the monsoon, Shah also emphasised on optimum use of satellite imagery provided by the Indian Space Research Organisation (ISRO) for flood and water management. He also took stock of the preparations to deal with Glacial Lake Outburst Flood (GLOF). Shah said efforts should be made to upgrade the forecast system of water level of rivers for better flood management.

Nag Ashwin’s epic sci-fi fantasy ‘Kalki 2898 AD’ is all set to be a global juggernaut! Advance ticket bookings for the Prabhas-Deepika Padukone-starrer have been nothing short of phenomenal! According to a report shared by Prathyangira Cinemas, which is in charge of the movie’s distribution in North America, the magnum opus has sold more than 77K tickets and earned a staggering $2.6 million in advanced sales. Sharing a poster of the movie, the X handle of the movie wrote, “RAMPAGE in TOP GEAR. Kalki 2898 AD total North American pre-sales crossed $2.6 Million. Prabhas' game is going to be wild in the coming days.” If the demand remains steady, ‘Kalki’ can overtake SS Rajamouli's epic period drama ‘RRR’, which amassed an impressive $2.75 million in terms of advanced ticket sales in the US.

Hip-hop artiste Naved Shaikh, also known by his stage name Naezy, has grabbed headlines for becoming a contestant for the third season of ‘Bigg Boss OTT’. His ‘underdog’ story has grabbed eyeballs for being an inspirational rags-to-riches tale. For the unversed, the 2019 hit film ‘Gully Boy’ starring Ranveer Singh and Alia Bhatt, was said to be based on the story of Naezy. Directed by Zoya Akhtar, ‘Gully Boy’ was a resounding success, earning more than Rs 230 crore at the box-office. Read on to find out more about the hip-hop sensation.

India needs to take critical actions to transform its electronic sector ecosystem from an 'import dependent assembly led manufacturing' to 'component level value-added manufacturing', highlights a report by Confederation of Indian Industry. As per the Report, in 2023, the demand for components and sub-assemblies stood at USD 45.5 billion to support USD 102 billion worth of electronics production. This demand is expected to scale to USD 240 billion to support the USD 500 billion worth electronics production by 2030. The priority components and sub-assemblies including PCBAs (Printed Circuit Board Assembly), are projected to grow at a robust CAGR (Compounded Annual Growth Rate) of 30 per cent, reaching USD 139 billion by 2030.

capital markets regulator Sebi to raise Rs 250 crore through an initial public offering (IPO). The Gujarat-based company's initial share sale is completely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Friday. Proceeds of the issue will be used to increase the working capital requirements of the company, payment of debt and general corporate purposes.

cloudburst, several areas of Arunachal Pradesh's Itanagar city have been inundated, causing significant damage to residents' property. Reports indicated that numerous houses and vehicles have been damaged due to the floodwaters. The capital complex witnessed incidents of landslides affecting both vehicle and house premises. Denizens are urged to remain vigilant and cautious amid the inclement weather conditions. Authorities have been monitoring the situation closely. Efforts are underway to assist affected residents and manage the aftermath of the natural disaster. The local administration has been taking all the necessary steps.

Jammu sector, it is emerging that there are around 35-40 foreign terrorists active in the area and operating in small teams, with two-three in each one of them. Sources in the security forces told that the assessment of the number of terrorists is based on the inputs received from the intelligence agencies along with forces operating on the ground. The foreign terrorists, who are suspected to be former Special Services Group members from the Pakistan Army, have been trying to revive terrorism in the Rajouri, Poonch, and Kathua sectors of the Jammu region for around three years, the sources said.

Bureau of Indian Standards (BIS) introduced two new guidelines aimed at enhancing the safety of electric vehicles in the L, M, and N categories. L refers to two-wheelers, while the M and N categories correspond to four-wheelers and goods trucks, respectively. These new sets of rules, called IS 18590: 2024 and IS 18606: 2024, focus on the main parts of electric cars, buses, and trucks, especially the powertrain (which includes parts like the motor and transmission).

trade agreement (FTA) moving forward between India and Korea, the department of commerce is engaging with different ministries, including heavy industries, steel, and chemicals, to prepare the offer list, an official said. Preparation of the list is part of the negotiations, which are underway, for the upgrade of the existing FTA between the two countries, dubbed as comprehensive economic partnership agreement (CEPA). The agreement was operationalised in January 2010. So far, 10 rounds of talks have been concluded. The official said both sides have exchanged the request list and «are working on the offer list» and for that the commerce ministry is holding discussions with different ministries, including steel, heavy industries, textiles, chemicals and petrochemicals.

Congress and alleged that they were silent on the hooch tragedy in Kallakurchi, Tamil Nadu and called it a murder of 32 Dalits. «Today we are here to discuss news from Tamil Nadu, it is about a hooch tragedy, illicit liquor from Kallakurchi, a district of Tamil Nadu. When I came to hold this press conference and was checking the figures, the number of dead was 56. More than 56 people have died and many of them are critical, still about 200 people are admitted to the hospital. This is such an important issue and I am surprised that Mallikarjun Kharge, Priyanka Gandhi Vadra, Rahul Gandhi, Sonia Gandhi, DMK and all the people of the INDIA alliance are silent on this issue,» said BJP MP Sambit Patra. He further alleged that the INDIA bloc was silent as they felt that it was not serving their interests.