India Financial News

Bharatiya Janata Party (BJP) has prepared a checklist to review the party's below-par performance in recently concluded Lok Sabha Elections for the 80 seats of Uttar Pradesh. Through the list of questions in the checklist, the saffron party will try to analyse reasons for its defeat in most of the constituencies in the state. The party will also explore seats, except Varanasi and Lucknow, where the it won but with a reduced victory margin than before, according to a report in Indian Express.

₹16,612 per head per month, which is 3.1 times what the median person spends, according to a Mint analysis of the 2022-23 Household Consumption Expenditure Survey. In rural areas, the top 10% spends ₹8,569, compared to a median of ₹3,268, a gap of 2.6 times. On the surface, both urban and rural inequalities have declined since the last available survey from 2011-12, with a sharper decline in urban areas.

Ashish Kacholia portfolio: Balu Forge share price has been on an uptrend after bottoming out at around ₹280 apiece. This Ashish Kacholia portfolio stock has continuously risen after ushering in June 2024. Balu Forge share price today opened upside at ₹312.70 apiece on NSE and touched an intraday high of ₹328.20 per share.

Venue : M.Chinnaswamy Stadium, Bengaluru India Women squad - Dayalan Hemalatha, Jemimah Rodrigues, Priya Punia, Shafali Verma, Smriti Mandhana, Deepti Sharma, Harmanpreet Kaur, Pooja Vastrakar, Richa Ghosh, Uma Chetry, Arundhati Reddy, Asha Sobhana, Radha Yadav, Renuka Singh, Saika Ishaque, Shreyanka Patil South Africa Women squad - Anneke Bosch, Laura Wolvaardt, Sune Luus, Tazmin Brits, Annerie Dercksen, Delmi Tucker, Marizanne Kapp, Nadine de Klerk, Meike De Ridder, Sinalo Jafta, Ayabonga Khaka, Eliz-Mari Marx, Masabata Klaas, Nondumiso Shangase, Nonkululeko Mlaba, Tumi Sekhukhune India Women vs South Africa Women Live Score: South Africa Women (Playing XI) - Laura Wolvaardt(C), Tazmin Brits, Anneke Bosch, Sune Luus, Marizanne Kapp, Nadine de Klerk, Nondumiso Shangase, Meike De Ridder(WK), Masabata Klaas, Nonkululeko Mlaba, Ayabonga Khaka. India Women vs South Africa Women Live Score: India Women (Playing XI) - Shafali Verma, Smriti Mandhana, Dayalan Hemalatha, Harmanpreet Kaur(C), Jemimah Rodrigues, Richa Ghosh(WK), Deepti Sharma, Pooja Vastrakar, Arundhati Reddy, Radha Yadav, Asha Sobhana.

Realty also depicts similar trends, showing a growing number of high-net-worth individuals, including NRIs, considering purchasing luxury real estate in India. Amidst these developments, the demand for luxury homes is increasing phenomenally as the growing affluent class aspires for superior amenities, spacious living areas, distinctive designs, prestigious addresses, a healthy lifestyle, and a high return on investment.Moreover, the uptick in NRI participation reflects renewed confidence in the Indian property market and the appeal of investing in premium and luxury real estate, particularly in Goa, Mumbai, and Delhi-NCR.A very interesting fact is unveiled in the Luxury Outlook Survey 2024.

cricket player is heard saying in the video, "Indian hoga (Must be an Indian)". The fan, however, said, "Pakistani hoon (I am a Pakistani)."Rauf posted a statement on X (formerly Twitter) with the video going viral."I decided not to bring this on social media, But now that the video is out, I feel it is necessary to address the situation.

₹162 to ₹171 per equity share, with a face value of ₹10 each. The Petro Carbon and Chemicals IPO will begin subscriptions on Tuesday, June 25, and end on Thursday, June 27. The floor price is 16.2 times of the face value and the cap price is 17.1 times of the face value of the equity shares.

A sector’s contribution is traditionally assessed through economic metrics. However, in today’s complex geopolitical landscape, the significance of port infrastructure transcends these measures. This sector holds strategic importance for India’s economic vitality, geopolitical influence and national security.

Hindustan Petroleum Corporation Ltd (HPCL), Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) share price have given 28-38% year to date returns to the investors . This is despite challenges on rising crude prices, volatility in gross refining margins, and concerns on marketing margins that erupted ahead of Lok Sabha Elections'2024.

₹5,560 crore (USD 670 million). This investment includes both new capital and share purchases. This is the largest foreign investment in India's general insurance sector and the first major investment since the FDI limit was raised from 49% to 74% in 2021 in the insurance sector.“The acquisition of Kotak General Insurance sets the way forward for Zurich to be a leading player in a very significant growth market – India.

Kalyan Jewellers jumped 5.4% to ₹447 apiece in today's early morning trade, while those of Senco Gold gained 2.6% to ₹1,055 apiece after domestic brokerage firm Motilal Oswal initiated coverage on these stocks with a 'buy' rating. The brokerage set a target price of ₹525 for Kalyan Jewellers and ₹1,300 for Senco Gold.

Indus Towers for up to USD 2 billion. This is a significant increase from the approximately 10 per cent stake they initially intended to sell.The telecom company, which holds a 21.5 per cent stake in Indus Towers, is planning to use the proceeds from the sale to repay debt, according to a report by Reuters last week.In 2022, Vodafone announced its intention to sell its entire stake in the Indian firm.In the latest stake sale planned for June 19, the company aims to sell shares within the price range of 310 to 341 rupees.On Wednesday, over 615 million shares of Indus Towers were traded across numerous block deals, with a total of approximately 713 million shares exchanged, according to data from the National Stock Exchange of India.Indus Tower's share price was trading in red, down 4.48 per cent at ₹328.50, on June 19, at 11:00 am, on BSE.

income tax return (ITR) form.To start with, you need the Annual Information Statement (AIS), which is essential for filing your ITR in India, serving as a comprehensive record of all your financial transactions reported to the Income Tax department. Here’s an overview of its significance and how it complements Form 26AS:Scope: The AIS offers a broader spectrum of information compared to Form 26AS.

₹1,267.05 apiece on the BSE, the stock touched an intraday high of ₹1,317, and an intraday low of ₹1264.80.“Recently, the Sansera Eng share price had given a breakout from a consolidation phase, and the follow-up move post that has been strong with high volumes. Thus, the overall trend remains positive, and one should keep a buy-on-dip approach.

Bengaluru was horrified when their Amazon delivery contained a live cobra instead of the Xbox controller they ordered. The startling incident, captured on video, shows the venomous snake trapped in packaging tape, unable to free itself. The video, which quickly went viral, opens with the Amazon package placed in a red bucket. The cobra, entangled in black duct tape marked with the Amazon Prime logo, can be seen struggling to escape. Aaraynsh, a user on X (formerly Twitter), shared the video, stating, “A family ordered an Xbox controller on Amazon and ended up getting a live cobra in Sarjapur Road. Luckily, the venomous snake was stuck to the packaging tape. India is not for beginners.”

Bannari Amman Sugars Ltd.(up 3.16%) and EID Parry(India)Ltd.(up 0.52%) were among the top gainers.

Justin Trudeau has said that he sees a new opening to engage with India on «some „very serious“ issues on national security after the return of Prime Minister Narendra Modi to office for a third consecutive term. In an interview to CBC News on Monday on the eve of the anniversary of the killing of Khalistani terrorist Hardeep Singh Nijjar, Trudeau said, „Now that he's through his election, I think there is an opportunity for us to engage, including on some very serious issues around national security and keeping Canadians safe and the rule of law.“ Trudeau's remarks follow his meeting with Prime Minister Modi in Italy during the G7 Summit where India was invited as an Outreach country. PM Modi had tweeted a photograph of himself with the Canadian PM as they shook hands.

Rama Phosphates Ltd.(up 15.49%), Khaitan Chemicals & Fertilizers Ltd.(up 8.26%), Rashtriya Chemicals & Fertilizers Ltd.(up 6.31%), The Fertilisers and Chemicals Travancore Ltd.(up 4.81%), National Fertilizers Ltd.(up 4.37%), Chambal Fertilisers & Chemicals Ltd.(up 4.16%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 4.15%), Madras Fertilizers Ltd.(up 4.14%), Agro Phos India Ltd.(up 3.45%) and Gujarat State Fertilizer & Chemicals Ltd.(up 3.28%) were among the top gainers.

The net proceeds from the fresh issue will be used towards funding working capital requirements, debt repayment, and other general corporate purposes.

Stock Market News: The domestic benchmark indices, the Sensex and the Nifty 50, rose to record highs at the start of Wednesday's session, tracking positive global equity markets. Furthermore, soft retail sales data in the United States confirmed predictions of an early rate cut by the Federal Reserve, which bolstered the sentiments.

divorce rates in the world, currently estimated at around 1.1%, India has seen a steady increase in divorce cases in recent years. This trend is attributed to the growing complexities of modern life, as noted in a report by the United Nations.Divorce is a challenging journey, especially when children are involved.