India Financial News

17.06 / 10:33
Digital Platform Compilation track Features rights Monitor buying guide: Check out our top tips for choosing the perfect screen in India
Check out the product below: Some specifications to consider in a monitor include the screen size and resolution, along with panel types, refresh rate and response time, connectivity options, and ergonomics. We'll walk you throw each of these specifications below.Check out the product below:Check out the product below:More connectivity ports mean better integration for you across all your devices, especially if you're building a robust set-up for your work or gaming.
17.06 / 10:33
COST Digital Nestle Nescafe innovations reports rights Nestle India highlights significant gains from parent's IPRs amid royalty payout dispute
NEW DELHI:Packaged foods company Nestle India has said it has benefitted "immensely" from its parent company's intellectual property rights, or IPRs, over the years, leading to greater speed of innovation as well as cost-savings to the business. The statement comes in the wake of a majority of shareholders rejecting a proposal to increase the royalty payout to its Swiss parent, Société des Produits Nestlé S.A., from 4.5% to 5.25% per annum.
17.06 / 10:33
Strategy Align Election wellness War country Coalitions: A grand churn of political oceans is underway
The year 2024 is notable for the large number of elections being held—in well over 60 countries, representing nearly half of the world’s population. Of course, there are myriad systems and we are only halfway through the year, but as a generalization, it is turning out to be a year of strong majorities for presidential forms of government and coalitions for parliamentary democracies. Indonesia and Mexico returned strong majorities for their presidential winners, with Mexico electing its first ever woman to its top office.
17.06 / 10:33
markets UPS Citi Progressive Metro reports Flipkart's q-commerce entry weeks away, will take on Zepto, Blinkit, Instamart
NEW DELHI : Mumbai: Flipkart's much-anticipated plunge into quick commerce can be expected in India's top metro cities within “weeks", a top official said, as the Walmart-backed e-commerce company beefs up its supply chains to take on the likes of Swiggy Instamart, Zepto, and Zomato's Blinkit in a market growing at breakneck speed. “It'll be a few weeks from now; we'll start in a few large cities and progress as we move forward," Hemant Badri, senior vice president, head of supply chain, customer experience and recommerce business, Flipkart Group, said in an interview.
17.06 / 10:21
markets COST Provident FIVE Research trends UltraTech, Adani group, Shree, Dalmia, Nuvoco: ICRA sees top 5 firms' market share rising to 55% by March'2025
ICRA Limited , believes that the market shares of the top 5 cement companies should climb to 55% by March 2025.The market share of the top five cement companies—Ultratech Cement, Adani Group companies ( Ambuja Cement and ACC , Shree Cement, Dalmia Cement, and Nuvoco Vistas has increased significantly, from 45% in 2015 to 54% in December 2023.Also Read- FPI ease selling streak in June as outflows decline to ₹3,064 crore in Indian equities; When will inflows resume?ICRA expects this trend to continue, with both organic growth and inorganic expansion driving industry consolidation. In the last nine years, there have been 15 mergers and acquisitions, highlighted ICRA Research.
17.06 / 10:21
awards stage Equality Babar Azam eclipses India's MS Dhoni, becomes batter with most runs as captain T20 World Cup
ALSO READ: Captain Babar Azam on Pakistan's T20 World Cup 2024 exit, 'cannot play in every player's place, there are 11 players...The Pakistan skipper surpassed Dhoni and has 549 runs to his name in 17 innings as captain in the T20 World Cup.India's former skipper Mahendra Singh Dhoni held the record with 529 runs under his belt in 29 innings. Next to Babar, New Zealand captain Kane Williamson is also in line and may overtake the former Indian skipper, as he is just two runs shy of Dhoni's 529.
17.06 / 10:17
COST Airlines Election President performer reports India Inc to post tapered revenue growth in Q1FY25, says ICRA
India Inc’s sequential revenue growth is expected to taper in the first quarter of FY25, stated a report by ICRA. While signs of a revival in rural demand have emerged, ICRA said that headwinds such as a slowdown in the Government of India’s (GoI) spending during the Parliamentary elections and onset of monsoon period are likely to weigh on growth in H1 FY2025. However, the operating profit margin (OPM) will remain steady in the range of 15-18 per cent, despite the expected tapering in revenue growth, as raw material costs are expected to remain steady. 
17.06 / 10:17
Citi Provident Airlines travelers Department International Destinations Akasa Air launches Mumbai-Riyadh daily flight operations! Here’s what it means for India’s youngest airline
Akasa Air, India’s youngest airline, is on an expansion spree. The airline has commenced operations to Riyadh, the capital of the Kingdom of Saudi Arabia. Now, Akasa will operate daily flight operations between Mumbai and Ridyadh, the airline said in a statement. As per the company, the inaugural flight on June 15, 2024 departed from Chhatrapati Shivaji Maharaj International Airport in Mumbai. 
17.06 / 09:33
markets security Align guidelines Updates International Destinations RBI’s new overseas investment regulations: A gamechanger for Indian investors
The Reserve Bank of India (RBI) issued a circular on 7 June, relaxing overseas investment regulations and clarifying ambiguities for wealthy Indians, business families, and startups seeking to invest in foreign securities, funds, and companies. 
17.06 / 09:01
Booking Airlines Food reports shock prevention Investigations Air India passenger finds metal blade in meal, airline says this
Air India reportedly found a piece of metal blade in his meal. Confirming the incident, a spokesperson for the airline later blamed a vegetable processing machine for the same. Rajesh Dogra, Chief Customer Experience Officer of Air India, said, «Air India confirms that a foreign object was found in the meal of a guest aboard one of our flights. After investigation, it has been identified as coming from the vegetable processing machine used at the facilities of our catering partner. We have worked with our catering partner to strengthen measures to prevent any recurrence, including more frequent checking of the processor, especially after chopping any hard vegetables.» The airline has come under scrutiny for poor services in recent times.
17.06 / 09:01
UPS Progressive wellness exclusive testing boating India to hold trials in Spain for P-75 India submarine project by June-end
Indian Navy is going to hold trials in Spain to test the critical equipment for its Project 75 India to get six advanced submarines by the end of this month, Spanish firm Navantia said. In an exclusive interaction with ANI, Spanish shipyard Navantia's Chairman Ricardo Dominguez Garcia-Baquero said both the Spanish government and the Spanish Navy are very keen for the P75(I) project to progress and are willing to support in all possible ways. «This includes expeditious export clearance, signing an umbrella agreement with Indian government etc., like in the case of the recent Airbus deal (for supplying C-295 transport aircraft) with an Indian Company (Tata),» he said in an email reply.
17.06 / 09:01
Progressive security President country reports travelers peace Jaishankar meets US National Security Advisor Sullivan in Delhi, discusses bilateral, global issues
S Jaishankar held a meeting with United States National Security Advisor Jake Sullivan in New Delhi on Monday and discussed various bilateral, regional and global issues. Jaishankar expressed confidence that the strategic partnership between India and the US will continue to advance strongly in the near term. In a post on X, Jaishankar stated, «Delighted to welcome US NSA @JakeSullivan46 in New Delhi today morning. A comprehensive discussion on a broad range of bilateral, regional and global issues. Confident that India-US strategic partnership will continue to advance strongly in our new term.»
17.06 / 09:01
BLOCK Waters Align students Universities country Features PM Modi to release Rs 20,000 crore of PM-Kisan Samman fund into 9.26 crore bank accounts of farmers on Tuesday
Modi will on Tuesday release the 17th instalment of the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme, amounting to over Rs 20,000 crores, will be distributed to approximately 9.26 crore beneficiary farmers through Direct Benefit Transfer in Uttar Pradesh. Since its inception, the PM-KISAN scheme has disbursed over Rs 3.04 lakh crore to more than 11 crore eligible farmer families, underscoring its substantial impact and wide-reaching benefits. According to a press release, PM Modi is poised to launch several significant initiatives during his upcoming visit to Uttar Pradesh and Bihar on June 18- 19.
17.06 / 09:01
COST UPS FIVE Manufacturing Tesla European Commission country reports Diversion ahead? For Chinese EVs, the road may fork out to India
electric vehicles (EVs) made by Chinese companies now stare at a road bump in Europe as the European Union (EU) last week decided to hike tariffs on Made-in-China EVs. The EU decision follows a scare in the Western world about China flooding it with state-subsidised EVs. The Alliance for American Manufacturing has said that government subsidized Chinese EVs “could end up being an extinction-level event for the U.S.
17.06 / 09:01
markets Digital Mobile trends country reports A report shows, India's non-cash payments on ecommerce platforms surge to 58.1% from 20.4% six years ago
India has witnessed the fastest jump in alternative payment share for e-commerce payments in the Asia-pacific region from 20.4% in 2018 to 58.1 %in 2023 as per a report by GlobalData, a data and analytics company. Options for payment other than traditional cash include UPI, debit cards and credit cards among others.
17.06 / 08:47
markets IPO Booking Platform Trade Experts band Falcon Technoprojects India IPO opens on Wednesday. GMP, price, other details of upcoming IPO in 10 points
Falcon Technoprojects India IPO: The initial public offering (IPO) of Falcon Technoprojects India Limited will hit the Indian primary market on 19th June 2024, i.e. on Wednesday this week.
17.06 / 08:47
Digital security Tesla Election rights Investigations rowing EVM row: ‘So Tesla can be hacked’, says Rajeev Chandrasekhar on Elon Musk's ‘anything can be hacked’ claim
ANI, “While I respect Elon Musk and what he has achieved. I think he is factually incorrect in saying that anything can be hacked.
17.06 / 08:47
UPS show performer cricket 'Rishabh Pant showed his class…': Sanjay Manjrekar lauds Rohit Sharma's ‘brilliant’ move during T20 World Cup 2024
Pant earn a place in the India XI, but the team management gave him the responsibility of batting at number 3 ahead of veterans Suryakumar Yadav and Hardik Pandya. Since then, there has been no looking back for the left-hander as he currently tops the scoring charts for India with 96 runs in 3 matches so far.Former Indian cricketer Sanjay Manjrekar has also taken note of Rishabh Pant's performance during the World Cup, especially in the difficult conditions at the Nassau Cricket Stadium in New York.
17.06 / 08:47
markets COST Art security Experts show Department Here's how to accurately declare assets in Schedule AL of your ITR
₹50 lakh have an additional task: declaring their assets. According to Income Tax (IT) laws, individual and Hindu Undivided Family (HUF) taxpayers with net income over ₹50 lakh must fill out details of their assets in Schedule AL (asset and liability) of ITR forms 2 or 3. This includes immovable property, financial assets, vehicles, art, sculptures, and corresponding liabilities.
17.06 / 08:47
Digital economy Pool Sustainability Research country innovations India requires a new technology-driven playbook to fulfil its Viksit Bharat goal
India has been on a remarkable trajectory of economic and technological growth. With a young and vibrant population, a robust tech ecosystem driving innovation and a rapidly evolving digital landscape, India has become a formidable force in the burgeoning digital economy.
17.06 / 08:07
Provident country social reports travelers Courts Profiles Explained: Adoption procedure for NRIs, OCI cardholders, and foreign nationals
NRIs can adopt Indian children only after the children have been rejected for domestic adoption three times. Here’s a step-by-step guide to the adoption process for NRIs, OCI cardholders, and foreign prospective adoptive parents.

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