India Financial News

Boeing is in the news once again for the wrong reason. In the latest addition of Boeing mishaps that have taken place this year, a fire broke out 15 minutes after the Boeing 738 aircraft took off from the Indian city of Hyderabad and the Kula Lumpur-bound flight returned, reports 'Business Insider'. A video going viral on social media sites shows the engine of the plane on fire with sparks flying out behind it. The plane returned to make an emergency landing at Hyderabad's Rajiv Gandhi International Airport.

Foreign Secretary Vinay Kwatra on Saturday highlighted the importance of Bangladesh in India's strategic plans for regional cooperation and security stating that neighbouring country is crucial for India's SAGAR (Security and Growth for All in the Region) doctrine and its vision for the Indo-Pacific region. Addressing a special press briefing on the State visit of Bangladesh PM to India today, Kwatra also stated that renewing the disaster management agreement will improve response and capacity building. Additionally, they will focus on reducing and managing disaster risks, which is a key part of the Indo-Pacific Oceans initiative. «Bangladesh is a key part of India's SAGAR doctrine and the Indo-Pacific vision. The renewal of the MoU on maritime cooperation and blue economy that was signed in exchange earlier today aims to develop our ocean-based blue economy and maritime cooperation,» said Kwatra

Nifty kept marking incremental highs, the intraday trend remained practically absent. The volatility also did not change much as compared to last week. The India Vix inched higher by just 2.79% to 13.18 on a weekly basis. The weekly trading range for the Nifty too remained much capped. The index oscillated in just 268.90 points range before posting a negligible weekly gain of 35.50 points (+0.15%).

ET Now: The Indian IT pack has seen a lot of changes following Accenture's latest numbers, which showed a slight miss. Despite this, some brokerage notes suggest this could be a positive for Indian IT, although recovery might be gradual. What do you make of these numbers, and what impact could they have on the external-facing IT sector? If you were to play this sector, would you favor large caps over mid caps, or what is your strategy for the Indian IT space?

Foreign portfolio investors (FPIs) seemed to have shrugged-off their selling trends of the last two months turning net buyers as we reach towards the end of the June series. As on June 21, they had bought Indian equities worth Rs 12,170 crore. From the position of being net sellers till last week they came a long way at the end of this holiday-shortened week. In the first week of June they were net sellers of domestic equities at 14,794 crore but narrowed the sale figures to Rs 3,064 crore at the end of the second week.

FIIs long-short ratio, this is working well in the Indian market. If I look at the historical data of the last two-and-a-half, three years, then the ratio goes near 10% to 15% on the lower side and on upside it goes till 70-75%. And just a couple of days back, the ratio of FIIs long-short ratio was 12% to 13% and now (12:13), so that clearly indicates that FIIs covered their short positions. So, short covering trigger was there. They built some long position also after a long time. So, somehow it seems that sentiment is changing and that may support the Indian market. As of now, the SIP and the flow from the DIIs were supporting the market and now if FIIs do the short covering, then further leg of rally could be seen, says Chandan Taparia, Motilal Oswal ET Now: Nearly, it is like a range. Though we hit a lot of records this week, Nifty hit a record, Bank Nifty hit a record for this week, but the range where we started Nifty, we have clearly or closely ended on those points only, 50 odd points of gain only. Is there a sign of exhaustion now? Are we in for a consolidated trade for the coming week? How would you trade from here?

Lok Sabha, the NDA government and the INDIA bloc sparred on the issue of Pro-tem Speaker with Parliamentary Affairs Minister Kiren Rijiju accusing the Congress of resorting to lies and the opposition threatening to refuse to join the panel of chairpersons in the House. President Droupadi Murmu had appointed BJP leader and seven-term member Bhartruhari Mahtab as the Pro-tem Speaker of the Lok Sabha, who is tasked with administering the oath and affirmation to the newly-elected members of the lower house and preside over the election of the Speaker. The President had also named five senior members — K Suresh (Congress), T R Baalu (DMK), Radha Mohan Singh and Faggan Singh Kulaste (both BJP) and Sudip Bandyopadhyay (TMC) to assist Mahtab in the process that will take place over the first three days of the Lok Sabha Session commencing on June 24. The Congress had alleged that the government has violated procedures and conventions and ignored the right of eight-term member Suresh to the post of the pro-tem Speaker, a claim dismissed as «misleading» by Rijiju.

price stabilisation and it expects retail prices to ease with the progress of monsoon over most parts of the country. According to data compiled by the department of consumer affairs, the all-India average onion retail prices stood at Rs 38.67 per kg on Friday, while the modal price was Rs 40 per kg. Till June 20th, the Centre has procured 70,987 tonnes of onion, as against 74,071 tonnes procured in the same period last year, a senior official in the department of consumer affairs said. «The pace of onion procurement for price stabilisation buffer this year is largely comparable with last year, despite about 20 per cent decline in estimated rabi production,» the official said, adding that the government is on course to achieve targeted procurement of 5 lakh tonnes for price stabilisation.

Muslim League Jammu Kashmir (Masarat Alam faction) and Tehreek-e-Hurriyat, Jammu and Kashmir. The one-member tribunal of Delhi High Court judge Sachin Datta was constituted under the stringent anti-terror law in January to assess whether there was «sufficient cause» behind the imposition of the ban. The Muslim League Jammu Kashmir (Masarat Alam faction) was declared outlawed for five years by the government under the UAPA on December 27, 2023 on account of being involved in anti-national and secessionist activities in the Union Territory. Founded by deceased separatist leader Syed Ali Shah Geelani, the Tehreek-e-Hurriyat was declared outlawed for five years on December 31, 2023. The organisation was banned for fomenting terrorism and spreading anti-India propaganda in Jammu and Kashmir.

India and Bangladesh on Saturday moved to bolster their defense relationship and signed agreements for expanding cooperation in maritime security, ocean economy, space, and telecommunication sectors, as New Delhi tries to present itself as a regional power and a counterweight to China. The agreements were signed during Bangladesh Prime Minister Sheikh Hasina's visit to India, the first foreign leader to visit New Delhi since Narendra Modi became the country's prime minister for a third term two weeks ago. Modi welcomed Bangladesh's decision to join his Indo-Pacific Oceans Initiative to expand and facilitate regional cooperation of India's maritime neighbors. He said the deals with Dhaka were part of his country's pursuit of a neighborhood-first approach.

Modi government in its third term might harden its posture against the neighbour with which relations have been hostage to heightened border disputes ever since skirmishes between Indian and Chinese forces along the border in 2020. PM Modi is likely to attend the Shanghai Cooperation Organisation (SCO) in Kazakhstan in the first week of July where he might run into China’s President Xi Jinping. Shortly before a possible meeting between the two leaders, India seems to be hardening its posture against China. The two meetings between Modi and Xi after the Galwan clashes at the G20 Summit at Bali in 2022 and the BRICS Summit in South Africa a year later failed to yield any positive results. Thousands of troops remain deployed on either side of the Sino-india border .

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Congress leader Jairam Ramesh on Saturday demanded that the enforcement of the three criminal laws, which are to come into force from July 1, be deferred, saying the Bills were «bulldozed» through Parliament. In a post on X, Ramesh said the implementation of the Bills be deferred to enable a thorough review and re-examination by a reconstituted Standing Committee on Home Affairs as they were passed at a time when 146 MPs had been suspended. «On Dec 25 2023, the President of India had given her assent to the Bharatiya Nyaya Sanhita, 2023,the Bharatiya Nagarik Suraksha Sanhita, 2023 and the Bharatiya Sakshya Adhiniyam, 2023. The three far-reaching Bills had been bulldozed through Parliament without proper debate and discussion, and at a time when 146 MPs had been suspended from the Lok Sabha and the Rajya Sabha,» Ramesh said. «Earlier the Bills had been bulldozed through the Standing Committee on Home Affairs without detailed interactions with stakeholders across the country and completely ignoring the written and very detailed dissent notes of a number of MPs belonging to different political parties, including the Indian National Congress, who were members of the Standing Committee,» he said.

With limited time between games, both teams are focused on rest, recovery, and strategic planning for this critical encounter. India has smoothly transitioned from the challenging conditions in the USA to the familiar terrain of the West Indies, securing a comfortable 47-run victory over Afghanistan in their first Super Eight game in Barbados.

arrested the driver of a school van after two girls fell off the vehicle and suffered injuries in Gujarat's Vadodara city, an official said on Saturday. The incident, which took place on the afternoon of June 19, was caught on a CCTV camera, and the footage went viral on social media, triggering public outrage. Pranav Kataria, assistant commissioner of police, Vadodara, said the CCTV video was recovered from a residential society in the city's Tarsali Road locality. It showed two girls in uniform being thrown out of the van along with their school bags. «In the video, two girls are seen falling off the school van on a road inside a residential society. The van driver seen in the video, Prateek Padhiyar, has been rounded up,» Kataria said.

India vs Bangladesh Live Score: Head to Head:India have faced Bangladesh in 13 T20 matches, where India secured victory in 12 matches, while Bangladesh won one match. On the contrary, in T20 World Cup tournaments, India have won all the four matches.India vs Bangladesh Live Score:India: Rohit Sharma (c), Virat Kohli, Rishabh Pant (wk), Suryakumar Yadav, Shivam Dube, Hardik Pandya, Ravindra Jadeja, Axar Patel, Arshdeep Singh, Kuldeep Yadav, Jasprit Bumrah, Mohammed Siraj, Yuzvendra Chahal, Sanju Samson, Yashasvi Jaiswal.Bangladesh: Tanzid Hasan, Litton Das (wk), Najmul Hossain Shanto (c), Towhid Hridoy, Shakib Al Hasan, Mahmudullah, Rishad Hossain, Mahedi Hasan, Taskin Ahmed, Tanzim Hasan Sakib, Mustafizur Rahman, Jaker Ali, Tanvir Islam, Shoriful Islam, Soumya Sarkar.India vs Bangladesh Live: According to Accuweather, there are chances of thunderstorms between 10 and 11 AM (Local time -- 7.30 pm to 8.30 pm IST), with the probability of rain being between 46 and 51 percent.

Rohit Sharma and Virat Kohli in the build-up to the World Cup. However, the partnership hasn't produced the desired results, with Kohli scoring just 28 runs in the 4 innings so far, while Rohit has also struggled after his half-century against Ireland in the first match.In fact, even India's batting coach Vikram Rathour has publicly stated that he isn't happy with Kohli's performances so far and would like to see the senior pro score more runs.When asked about Kohli's run-a-ball 24 innings in an interaction with the media after the Afghanistan match, Rathour said, “I’m not happy.

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exit polls allegedly being used for stock market manipulation, Axis My India's chief Pradeep Gupta has said he is open to facing all kinds of investigations and it would help do business in a much better way if the government frames specific regulations for pollsters. Opposition parties and several civil society groups have been asking for thorough investigations, including by capital markets regulator SEBI and a Joint Parliamentary Committee (JPC), after the stock markets witnessed a massive rally when exit polls gave a huge majority to the BJP but fell sharply after the actual results showed the ruling party falling short of a clear majority on its own. In an interaction with PTI editors at the agency's headquarters here, Gupta said he has been demanding formulation of norms and regulations for pollsters since five years.

Delhi Airport on Saturday became the first Indian airport to introduce the Government of India’s Fast Track Immigration-Trusted Traveller Programme (FTI-TTP) for Indian passport holders and Overseas Citizen of India (OCI) cardholders. This facility aims to reduce congestion at airports by offering expedited emigration/immigration clearance for pre-verified travellers, both arriving and departing. Delhi Airport's Terminal 3 is equipped with eight electronic gates – four for arrivals and four for departures – to facilitate a seamless experience for programme participants. The number of counters may increase based on demand.

fixed-income investment instrument for many senior citizens. For seniors who are planning to lock their money in FDs, it is a good time to invest as several banks are still offering high interest rates on deposits. Interest rates on senior citizen FDs maturing in three years can go up to as high as 8.05% among public and private sector banks. Read below to find out the highest interest rates currently available on senior citizen FDs maturing in three years. Do note all the interest rates are applicable for FDs below Rs 3 crore maturing in three years and for individuals aged above 60 years but below 80 years of age.