India Financial News

Rahul Gandhi with the revival of the Congress, party MP Gaurav Gogoi says he not only provided «moral and philosophical» leadership to the party but also set the narrative for the Lok Sabha polls which was reflected in the results. In an interaction with PTI editors, Gogoi recalled former Congress president Sonia Gandhi's «we will overcome» message at the Udaipur 'chintan shivir' of the party in May, 2022, to assert that the party had come a long way on the road to revival and was determined to move forward on that path.

Olympus Corporation, the Japanese medical technology major, on Wednesday said it will establish a Research & Development (R&D) Offshore Development Center (ODC) in Hyderabad.

Nagarjuna Fertilizers and Chemicals Ltd.(up 1.72%), Paradeep Phosphates Ltd.(up 1.71%), Madras Fertilizers Ltd.(up 1.54%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.18%), Chambal Fertilisers & Chemicals Ltd.(up 1.01%), Rama Phosphates Ltd.(up 0.82%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.75%), Zuari Agro Chemicals Ltd.(up 0.64%), Aries Agro Ltd.(up 0.62%) and Coromandel International Ltd.(up 0.59%) stood among the top gainers.

Mohan Charan Majhi on Wednesday took oath as the 15th Chief Minister of Odisha in the presence of Indian Prime Minister Narendra Modi and other senior BJP leaders at the Janta Maidan in Bhubaneswar.

Shares of Sunteck Realty Ltd.(up 9.61 per cent), Godrej Properties Ltd.(up 2.53 per cent), Mahindra Lifespace Developers Ltd.(up 0.97 per cent), DLF Ltd.(up 0.44 per cent) and Phoenix Mills Ltd.(up 0.07 per cent) ended the day as top gainers in the pack.

fan of your idol could cost you, your life? While the news of popular Kannada actor Darshan being arrested for murdering a youth named Renuka Swamy has taken Sandalwood by storm, certain horrific developments of the case have left his fans aghast.

Mudrex, a globally recognized crypto investment platform, today introduced a new product called 'Earn', which initially supports 50 cryptocurrencies. This innovative service allows users to earn rewards on their crypto holdings without any commission or fees, offering up to 10% passive income with no lock-in period. To take advantage of the 'Earn' product, users must maintain a minimum balance of the supported coins in their Mudrex wallets. By engaging in a combination of short-term ventures such as margin funding and allocating funds into secure, long-term DeFi protocols, Mudrex aims to provide a steady flow of fixed annualized returns ranging from a minimum of 0.023% to a maximum of 10%.

Tata Motors share price gains as brokerages maintain bullish stance; stock up 7% in one weekHaldiram’s received bids in May from a Blackstone Inc.-led consortium, which included the Abu Dhabi Investment Authority and GIC Pte, as well as from a consortium led by Bain & Co. and Temasek Holdings Pte, according to local media reports.The IPO considerations are still in the preliminary stages, and the controlling shareholders might still choose to lower their asking price and proceed with a sale, the sources added.India has become a hotspot for IPOs, raising approximately $3.9 billion so far this year—double the amount raised during the same period in 2023 and surpassing the combined totals of Hong Kong and Korea, according to data compiled by Bloomberg.Also read: Multibagger alert! Kesar India share price skyrockets over 3600% in 2 years.

What did you have for breakfast two days ago? Having breakfast is a routine affair. Not much thought goes into such a decision. So most of us would have forgotten the details of what we consumed as the first meal of that day.

2024 saw a close fight between the Bharatiya Janata Party (BJP) and the INDIA bloc in Uttar Pradesh, with the opposition ultimately winning 43 of the 81 seats. However, the outcome could change as at least six recently-elected Members of Parliament (MP) representing INDIA bloc from Uttar Pradesh face multiple criminal charges that could even lead to conviction.The most prominent among them is Ghazipur MP Afzal Ansari, who is the elder brother of gangster-turned-politician Mukhtar Ansari. Afzal won the election as an SP candidate.

Motorola Edge 50 Ultra is likely to be offered in three distinct designs, with one variant featuring a real wooden back panel that sets it apart with a unique and luxurious appearance.This wooden model comes in an off-white hue, accentuated by a golden finish on the side frames, enhancing its premium look. The rear panel prominently displays the Motorola logo, while the triple camera setup is housed in a slightly protruding module, adding to the phone’s sophisticated aesthetic.

Election Commission into remote corners of the country to airlifting EVMs, the IAF played a vital role in the recently-held general elections, with its aircraft flying more than 1,000 hours in over 1,750 sorties. The Indian Air Force on Wednesday shared details about the helping hand it lent to the electoral machinery in the conduct of the Lok Sabha polls.

Need help with how to invest at the current juncture? Which sectors to choose? In an exclusive interview with ETMarkets, Chirag Muni, Executive Director at Anand Rathi Wealth Ltd gave his take on navigating the market after the recent election results. In this, we spoke on how to build a solid investment strategy, which sectors are worth keeping an eye on, and what history can tell us about investing during this time. Excerpts: How have the markets performed post-elections? Markets have been touching all-time highs on and off, what’s your take? In the last one week, Nifty has witnessed some sharp movements, however if you look at last one week's data the overall movement is not that big. In the past, we had observed that post-election Nifty undergoes a certain amount of volatility, however, at present for a long-term investor it should not be such a big concern.

CIPL on Wednesday said it has secured a Rs 114-crore project from Indian Oil Corporation Limited (IOCL) for the comprehensive maintenance of IT infrastructure of the public sector petroleum major. The contract will be carried out over a period of three years, starting from June 2024 and ending in May 2027.

EdTech firm 'Physics Wallah', Alakh Pandey, has moved the Supreme Court against alleged random award of grace marks by the National Testing Agency to over 1,500 candidates who took the controversy-ridden NEET-UG, 2024 for admissions to MBBS, BDS and others courses. The top court had said on Tuesday the sanctity of the National Eligibility-cum-Entrance Test-Undergraduate (NEET-UG), 2024 has been affected and sought responses from the Centre and the National Testing Agency (NTA) on another plea seeking holding of the examination afresh on grounds of alleged question paper leak and other malpractices.

Red Fort attack case has been rejected by President Droupadi Murmu, officials said on Wednesday. This is the second mercy plea rejected by the President after assuming office on July 25, 2022.

«If I talk about the whole India story, as if it is a kind of you can say the Hollywood movie, I think the month of May was kind of a break wherein you had all sort of noise which kind of was an intermission in the whole India story which was unfolding,» says Aniruddha Sarkar, Quest Investment Advisors. Who will blink first in your view, the market or the investors. Everybody was expecting further lows, but it is not obliging the bulk of the participants, market. I would say that, obviously when you have all the noise around the election and the last couple of months, it was actually a very excellent time for the long-term investors because all the noise that gave so much good opportunity to enter into some of the good companies at such valuations which was not visible for the last six-seven months. So, having said that, I think if you look at the flow of the money of domestic investors, the answer to your question is that definitely the domestic investors have understood that on the panic days you deploy. In fact, it is very encouraging to see that on the date of the election results, the domestic fund flow was almost like massive, 22,000 crore, which was I would say was kind of a humongous number. So, having said that, I would say definitely FII money will come back.

Bengaluru: The Criminal Investigation Department (CID) has issued a notice to senior BJP leader and former Karnataka Chief Minister B S Yediyurappa to appear before its probe team for an inquiry in connection with a POCSO case registered against him, police sources said on Wednesday. Yediyurappa is presently in Delhi, and he is likely to join the probe after he returns, sources close to him said.

World Athletics on Wednesday announced a five-year global broadcasting services deal with Tata Communications, making the Indian telecom major a partner in the coverage of marquee events from next year, including the Tokyo World Championships. Tata Communications will be a «key strategic supplier» for the world body with a view to «elevating innovation and audience engagement to new heights,» World Athletics said in a statement.

global oil demand, the International Energy Agency (IEA) said Wednesday, forecasting rise in consumption by a massive 1.3 million barrels between 2023 and 2030. In its Oil 2024 Report, the Paris-based energy watchdog said India's oil demand is forecast to grow more than any country's other than China between 2023 and 2030.