India Financial News

Retirement plans, also known as annuity plans, provide a reliable income stream after retirement, helping your dad maintain his lifestyle and cover unexpected expenses. Individuals up to 85 years of age can enjoy the benefits of such plans. These plans provide guaranteed income for lifetime.

Indian stock market: On Friday, the domestic benchmark equity indices Sensex and Nifty 50 closed the session in positive territory. The 30-share BSE Sensex concluded the session up by 181.87 points or 0.24 per cent at the level of 76,992.77, while the Nifty 50 finished at 23,465.60, marking an increase of 66.70 points or 0.29 per cent.In broader market movements, the Nifty Midcap 100 rose by 1.05%, and the Nifty SmallCap 100 gained 0.8%, both surpassing the performance of the benchmark indices.

Paytm is currently in discussions with Zomato Ltd. to sell its movie and events ticketing division, as part of a strategic overhaul amid declining sales, according to sources familiar with the situation, as per Bloomberg report.Also Read | Elon Musk’s ’anything can be hacked’ VS ’Rajeev Chandrasekhar’s ’technically you are right’ on use of EVMsThe negotiations between One97 Communications Ltd., the parent company of Paytm, and the online food delivery giant Zomato are reportedly in advanced stages.

₹20,000 crore to about 100 million farmers. This was probably a way to convey to India’s poor that contrary to what they may have thought, they were his priority. Indian elections are often the revenge of the poor.

BCCI confirmed Gambhir as India head coach on Thursday and the official announcement is expected to be made by the end of this week. The report states that the exact date of Gambhir's announcement as head coach will depend on India's performance during the World Cup.Also Read | Sunil Gavaskar blasts ICC for India vs Canada T20 World Cup match washout: ‘Don’t host matches where…'Gambhir has also reportedly asked to be allowed to choose his own support staff.

India Women Innings Highlights : India Women vs South Africa Women Live Score: India Women Harmanpreet Kaur 8 (7) Smriti Mandhana 22 (25) South Africa Women Annerie Dercksen 0/14 (2) India Women vs South Africa Women Live Score: FOUR! UP AND OVER! Annerie Dercksen goes short and again around off. Smriti Mandhana pulls it over mid-wicket this time and the ball doesn't stop until it meets the ropes. Four more runs.

A number of analysts attribute the Bharatiya Janata Party’s (BJP) underperformance in the general election to voter unhappiness with the Narendra Modi government over unemployment, job reservations and farmer livelihoods. The Agnipath scheme of military recruitment came in for criticism during the election campaign and many political commentators expect that the new government will be compelled to make changes to it. We should view interpretations of election results with some scepticism, but it does appear that the issue of inadequate employment opportunities has bubbled up to the surface of our political ocean.

₹1.4 trillion in 2023-24, up 35% from the previous fiscal, and up four times compared to 2020-21, reflecting a turnaround in this segment. In 2020-21, for instance, Central Bank of India, and Punjab and Sind Bank reported losses. In 2023-24, they reported a net profit of ₹2,549 crore and ₹595 crore, respectively.

Shiv Sena (UBT) leader Sanjay Raut on Sunday said all partners of the opposition INDIA bloc will try to ensure support for the ruling ally Telugu Desam Party (TDP) if it fields a candidate for the Lok Sabha speaker's election. Talking to reporters here, Raut claimed the Lok Sabha speaker's election will be crucial and if the BJP gets the post, it will break the government-supporting parties like the TDP, JD(U) and the political outfits of Chirag Paswan and Jayant Chaudhary. «We have the experience that BJP betrays the people who support it,» Raut claimed. «I hear the TDP wants to field its candidate. If that happens, INDIA bloc partners will discuss the issue and will try to ensure that all the INDIA alliance partners extend support to the TDP,» he said.

Dabur India's target price was raised to Rs 700 by domestic brokerage firm Emkay Global. Emkay Global said that they foresee Dabur benefiting from consumption recovery, with the company positioned to gain from steady distribution expansion, comprehensive portfolio category coverage, sustained focus on innovation, and adequate liquidity for bolt-on acquisitions.

Eid-ul-Adha, a significant Islamic festival, is observed on the tenth day of Dhu-al-Hijjah, the last month of the Islamic lunar calendar. This festival, also known as the Feast of Sacrifice, is celebrated the day after the annual Hajj pilgrimage concludes. It commemorates Prophet Ibrahim's willingness to sacrifice his son, Ismail, as an act of obedience to Allah. At the moment of sacrifice, Allah replaced Ismail with a ram, symbolizing divine intervention and reward for unwavering faith.

real estate prices in Andhra Pradesh's Amaravati region are set to soar with several land dealings expected to close as the regime in the state transitioned from YS Jagan Mohan Reddy-led YSRCP to N Chandrababu Naidu-helmed NDA, breathed new life into the hitherto abandoned city project. The Andhra Pradesh Capital Region Development Authority has already notified eight tenders, calling for jungle clearance along several roads in Amaravati even as Chief Secretary Neerabh Kumar Prasad, accompanied by other key officials such as CRDA Commissioner Vivek Yadav, has already visited the region to take stock of the situation. YV Ramana Rao, president, Andhra Pradesh chapter, Confederation of Real Estate Developers Association of India (CREDAI) claimed that land prices in Amaravati started inflating two months before the 2024 simultaneous Lok Sabha and Assembly polls, anticipating Naidu's win. According to the CREDAI office-bearer, up to 50,000 acres of land inventory is available in and around Amaravati, including government and private lands.

₹85,582.21 crore in market valuation, driven by a positive trend in equities, with Life Insurance Corporation of India (LIC) leading the gains.During the period, the BSE benchmark Sensex rose by 299.41 points or 0.39 per cent, reaching an all-time high of 77,145.46 on June 13.Among the gainers were Reliance Industries, HDFC Bank, Bharti Airtel, State Bank of India, and LIC, while Tata Consultancy Services (TCS), ICICI Bank, Infosys, Hindustan Unilever, and ITC saw declines in their market valuations.

Also Read: How can you avoid credit score scams? These are 7 key ways“A clean repayment history is the most crucial element for a good credit score," advices Sanjeet Dawar, Managing Director, CRIF High Mark. Plan and ensure timely payments of your Equated Monthly Instalments (EMIs) and at least the minimum payment due on your credit cards.The time of default also plays a vital role in the computation of a credit score.

Babar Azam, Muhammad Rizwan, Shaheen Afridi may face salary cuts after Pakistan's dismal show in T20 World Cup 2024The fact that crucial T20 World Cup matches have been washed out despite the absence of rain has not gone down well with pundits and many former cricketers. Former India batsman Sunil Gavaskar went as far as to ask the ICC not to play matches where the groundsmen don't have enough covers to protect the entire outfield.Speaking on Star Sports about the match, Gavaskar said, "Request To ICC, that it should not host the matches where there are no covers to cover the entire ground.

cricket match, Rashid Khan had 4/17 in 4 overs and Mohammad Nadi took 2 wickets for 16 in 4 overs to crash the Kiwi batting line-up.Gurbaz, who plays for the Kolkata Knight Riders (KKR) at the Indian Premier League (IPL), is the highest scorer at the T20 World Cup 2024 as of now. Gurbaz, who scored 39 off 32 in the IPL final, is ahead of seasoned players like Australia’s Marcus Stoinis and Travis Head. In 3 matches, the Afghan opener has scored 167 runs.Among highest individual scores, Gurbaz occupies the 2nd the the 3rd spot while Aaron Jones tops the list.

₹740.10 crore at the upper price band, received healthy response from investors.Around 24 companies are in-line to hit the primary market in the next few months to collectively raise over ₹30,000 crore from IPOs, according to Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd.

April 2024 as buyers took fresh positions amid early onset of summer. The country had imported 23.05 MT of coal in the year-ago period, according to data compiled by B2B e-commerce company mjunction services ltd. This comes amid coal and mines minister G Kishan Reddy stating that India should increase domestic production of the fossil fuel and reduce coal imports. «India's coal and coke imports in April 2024 through the major and non-major ports increased by 13.2 per cent over April 2023,» the data showed.

Shah Rukh Khan's school mentor is grievously ill. On Friday, Szarita Laitphlang, the National Secretary of the Indian National Congress party in charge of Tripura and Nagaland, took to X to urge the Jawan star to visit his former school teacher and mentor due to his rapidly declining health. «This feels like my final plea, my last attempt to reach out to @iamsrk to humbly request his presence by the side of Brother Eric S D'Souza. Each day, Brother's health weakens, his condition worsening with every passing moment. Mumbai, just an hour away by flight, holds the possibility of bringing solace to his ailing heart. DASU has left an indelible mark on all of our lives, shaping us into who we are today through his unwavering commitment to instilling values. Your visit would mean the world to him, a beacon of hope in his darkest hours…» she wrote. In another tweet, Szarita Laitphlang explained the relationship between Shah Rukh Khan and Eric S. D'Souza, noting that D'Souza was once SRK's mentor. She shared an old video featuring Shah Rukh Khan and Eric on Farooq Shaikh's TV show, Jeena Isi Ka Naam Hai.

Mahindra Group is looking for partnerships with global players for local production of battery cells in order to cater to expected increase in demand for electric vehicles in the future, according to a top company executive. In an interaction with PTI, Mahindra Group MD and CEO Anish Shah said the company is looking at a 2030 timeframe for the possible listing of its electric vehicle arm Mahindra Electric Automobile Ltd (MEAL). «One area that we continue to look at more closely is cell manufacturing and that is something where there are various considerations… if we feel it's essential for us, we will look at a partnership for cell manufacturing,» he stated. He further said: «We will look at a global technology partner, and potentially at private equity partners as well because we will not put the entire capital.» The initiative, if it materialises, would enable local production of battery cells in India, Shah said.

Rahul Gandhi during the Lok Sabha elections has a deep Lucknow connection thanks to its publishers, who first printed it in 2009. And if publishers Eastern Book Company are to be believed, people have started showing more interest in the coat pocket edition of the Constitution after Gandhi pulled it out on several occasions during the campaign. Sumeet Malik, one of the directors of the Eastern Book Company, told PTI that the idea of printing a court pocket edition came from Supreme Court advocate Gopal Sankaranarayanan, who suggested that they should publish a version that fits easily in the lawyers' court pockets. «The first edition was launched in 2009 and there have been about 16 editions of this book, which have been published so far. And over the years, these copies have been purchased by many lawyers and judges, and also given by Prime Minister Narendra Modi to Ram Nath Kovind when he became the President of India,» said Malik.