India Financial News

Kotak Mahindra Bank Ltd.(up 0.7 per cent), HDFC Bank Ltd.(up 0.47 per cent), Au Small Finance Bank Ltd.(up 0.44 per cent), State Bank of India(up 0.29 per cent) and IDFC First Bank Ltd.(up 0.13 per cent) were among the top gainers.

demat accounts.The initiation of the refund process will start on Friday, June 14, for individuals not given shares. Those allotted will receive their shares in their demat accounts on Friday.ixigo IPO listing date is scheduled for Tuesday, June 18.Also Read: ixigo IPO oversubscribed by 98.34 times on the last day of bidding, NIIs steal the show; check GMP, key datesIf you have applied for the ixigo IPO, you can do a ixigo IPO allotment status check on the website of the IPO registrar, which is Link Intime India Private Ltd.

Bhartiya Janata Party (BJP), two by the Congress and one by the Rashtriya Janata Dal (RJD).Of the vacant seats, two each are in Assam, Bihar and Maharashtra and one each in Haryana, Madhya Pradesh, Rajasthan and Tripura. The Election Commission of India is yet to announce the poll dates for these Rajya Sabha seats. But clearly, it is going to be another interesting battle between the BJP-led National Democratic Alliance (NDA) and INDIA bloc, especially in Haryana and Maharashtra.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50 started Thursday's session at record highs after better-than-expected economic data. The Nifty Midcap 100 index opened the day at a record high.The 30-share BSE Sensex opened higher by 495.48 points or 0.65% at 77,102.05 level while the Nifty 50 started off at 23,480.95 level, up 158 points or 0.68%.Also Read: Sensex Today Live Updates: Sensex, Nifty open at record high led by global cues; Gensol, Sobha shares gainAccording to Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services, there is excellent news on inflation in both the US and India.

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Also Read: Top Stock Recommendations: Osho Krishan suggests buying these two stocks todayHDFC Life Insurance, LTI Mindtree, Divi’s Laboratories, Shriram Finance and Wipro were the top gainers on the Nifty 50 constituents, while Tata Consumer Products, Britannia Industries, Hindustan Unilever, Cipla and Eicher Motors were the top losers.Positive global cues and favourable domestic economic data led the rally in the Indian stock market. The domestic equities followed an upmove in Asian markets and US stock market after softer than expected US inflation data and the US Federal Reserve policy decision.Read here: US Fed holds key rates elevated at 23-year high, expects single 0.25% reduction in 2024; 5 key takeaways from Fed PolicyThe US consumer price index (CPI) came in at 3.3% in May, down 0.1 percentage point from April’s 3.4%.Meanwhile, the US Federal Reserve kept its benchmark interest rate unchanged for the seventh straight meeting on Wednesday and said that “modest" progress had been made toward its long-term inflation target of 2%.

IND vs USA T20 World Cup 2024 match: A Pakistan fan who claimed to have sold his tractor worth $3,000 to buy tickets for the India vs Pakistan match on June 9 backed Rohit Sharma’s boys on June 12 as the Men in Blue faced the United States.The man, wearing a Pakistan jersey, had flags of India and Pakistan painted on his face as he spoke to ANI.“I sold my $3,000 tractor to watch the IND vs PAK match, which we lost. I was quite disappointed. But, Indians supported me a lot.

Stocks to buy or sell: The Indian stock market snapped its two-day fall and ended northward on Wednesday. This means that the market, after a period of decline, started to move upwards again. The Nifty 50 index went up 58 points and closed at 23,322, while the BSE Sensex scaled 149 points and finished at 76,606.

₹89 for hospitalization and about ₹180 for other health needs, with urban estimates of ₹123 and ₹258 not much higher. This is not a sign of us being a very healthy lot with a paltry medical-expense burden. That we know of hospital bills thousands of times larger only points to how easily averages can mislead us.

Nemo judex in causa sua, which roughly translates as: “No one should be a judge in their own cause." In this article, while we will try to establish a structure to personal financial audits, we should also acknowledge that since we are emotionally attached to our finances (and we also have our own biases), it would be necessary at times and for some people to have some external intervention, like getting professional investment advisers to take a look at their finances and identify gaps to fill up fast. Now, coming to the audits. The purpose of a personal financial audit is to take a look at all aspects of your finances.

first attack took place in Reasi, where around nine to ten pilgrims were killed. The second is the Kathua terror attack.

Dr Reddy’s Laboratories: The company has signed a licensing agreement with US-based Ingenus Pharmaceuticals to commercialise Cyclophosphamide injection, a cancer treatment. Under the agreement, Dr Reddy’s will commercialise the injection for the US market and pay Ingenus 50% of the calculated profit share.Torrent Pharmaceuticals: The company announced on Wednesday that it has received a Form 483 with five observations from the US FDA following an inspection of its manufacturing plant in Indrad, Gujarat.Whirlpool of India, Hindustan Unilever: The two companies announced a new marketing alliance for Surf Excel.

Sensex gained 149.98 points, or 0.20%, to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — June 13“Nifty is witnessing consolidation for the past three days in absence of fresh domestic triggers while cautiously awaiting US CPI and US Fed policy outcome. Market is likely to consolidate in the near term with a positive bias," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.Here are key domestic and global market cues for Sensex today:Asian markets traded higher on Thursday following overnight gains on Wall Street after the US Fed interest rate decision.Japan’s Nikkei 225 rose 0.56%, while the Topix was flat.

Stock market today: Despite mixed trends from the global markets, the Indian stock market snapped two days fall and ended higher on Wednesday. The Nifty 50 index 58 points and closed at 23,322 while the BSE Sensex scaled 149 points and finished at 76,606. The Bank Nifty index ended 189 points higher at 49,895.

NEW DELHI:New Delhi: Gentari Sdn Bhd, a unit of Malaysia’s state-run oil and gas company Petroliam Nasional Bhd (Petronas) that has been actively scouting for green energy assets in India, is now planning a minority fund raise in its proposed commercial and industrial (C&I) projects in an equity deal valued at around $400 million, two people aware of the development said.This will involve a stake sale of up to 49% in its 3.5 gigawatt (GW) assets that will supply electricity to a unit of AM Green, set up by Mahesh Kolli and Anil Kumar Chalamalasetty, founders of Greenko Group. The unit will produce 5 million tonnes per annum (mtpa) of green ammonia that is equivalent to about 1 mtpa of green hydrogen.

India won the toss and decided to ball first. During the USA's innings, the team gave a target of 110 with the loss of 8 wickets. During the match, opener Shayan Jahangir was out for a duck.

Elon Musk of fostering a sexist "Dark Ages" culture at the company, according to an AFP report. The civil complaint, lodged in a Los Angeles court, claims the workers were terminated after they published an open letter expressing their concerns and urging SpaceX's board to distance itself from Musk.“Elon Musk trumpets SpaceX as the leader to a brave new world of space travel," the court filing states.

₹99,900 in India. In comparison, retail outlets are selling Apple’s latest M3-powered MacBook Air at ₹1,04,900—a price that could reduce further with bank discounts.

Sensex gained 149.98 points to close at 76,606.57, while the Nifty 50 settled 58.10 points, or 0.25%, higher at 23,322.95.Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US Fed policy to inflation dataNifty 50 formed a small negative candle on the daily chart with upper shadow. “Technically, this pattern signals a range bound action in the market at the crucial hurdle of around 23,400 - 23,500 levels.

July 31, 2024, is the deadline for submitting Income Tax Returns (ITRs) for the Assessment Year (AY) 2024–2025. Before submitting their ITRs, salaried employees wait to receive Form 16 from their employers. Pay information, Tax Deducted at Source (TDS) that the employer has deposited, and other data needed to correctly file the ITR are all included in Form 16.

India has marginally positive new data on the economic front. Retail inflation edged lower to 4.75% in May from 4.83% in April. Meanwhile, industrial output in April clocked a healthy 5% expansion, though it marked a decline from 5.4% in March.