India Financial News
11.06 / 08:11
President
Diversity
stage
International
Sporting
hockey
FIH
India to host Junior Hockey World Cup in 2025
India will host next year's men's Junior Hockey World Cup, the Executive Board of the International Hockey Federation announced on Tuesday. The tournament will be held in December and it will be the first time ever that a Hockey Junior World Cup will include as many as 24 teams.
11.06 / 08:11
UPS
Manufacturing
Election
wellness
country
rowing
Safeguarding India's border will remain topmost priority: Rajnath Singh
India's border will remain the topmost priority and efforts will continue to take defence manufacturing and exports to greater heights, Defence Minister Rajnath Singh said on Monday shortly after he was retained to helm the key responsibility in the new government. Singh was among the senior BJP leaders, including Amit Shah, Nitin Gadkari, Nirmala Sitharaman and S Jaishankar, who retained the ministries they handled in the previous government.
11.06 / 08:11
markets
Reuters
Boeing
Election
Opinion
show
Rise in UK jobless rate muddies Rishi Sunak's message to voters
labour market showed more signs of cooling in April as the unemployment rate rose, an awkward development for Prime Minister Rishi Sunak ahead of the July 4 election, despite another month of robust wage growth.
11.06 / 07:59
security
Election
Experts
recommendations
Modi 3.0: Stability concerns premature; government may stay fiscally prudent amid populism: Kotak Securities
Modi 3.0 Cabinet: From Amit Shah, Nirmala Sitharaman, Jaishankar to Rajnath Singh – 10 ministers who retained portfolios"All solutions to electoral losses need not be translated into populism and away from a macro framework built over the last decade. We expect the government to remain fiscally prudent and populism to be used opportunistically," Kotak said.Prime Minister Narendra Modi was sworn in as prime minister for the third consecutive term on Sunday, June 9, along with his 71 ministers.
11.06 / 07:59
markets
COST
FIVE
security
Sustainability
Research
Experts
IRFC, RVNL, BoB to IRCTC: Is it wise to buy PSU stocks as Nirmala Sitharaman retained FM in Modi 3.0 cabinet?
Modi cabinet 2024: After the formation of the Modi 3.0 government in New Delhi and Nirmala Sitharaman being retained as Finance Minister, the market is expecting continuity of the business and economic policies for the next five years. From the Indian stock market, investors must have their fingers crossed that PSU stocks will deliver the same kind of returns in the next five years.
11.06 / 07:59
Compilation
Analysis
Election
DAL
information
politician
Crime and money power runs deep in India’s new Lok Sabha
Mint analysis of individual-level data sourced from ADR, which compiles the information from each candidate’s nomination affidavit in every election. A state-wise analysis further revealed that the new MPs facing criminal cases belong only to 22 of the 36 states and Union territories: there are none from the other 14 (which includes the seven north-eastern states and Uttarakhand among major states). Eleven states witnessed an increase in the number of such Lok Sabha members, while seven saw a decrease.
11.06 / 07:59
UPS
Airlines
War
show
performer
track
NOT
Not just Air India, most airlines have a long-haul punctuality problem
After the regulator slapped a notice to the airline, it gave a $350 voucher to passengers who flew on the delayed flight to San Francisco. While Air India is the largest operator of non-stop flights to North America from India, a look at flight tracking website FlightRadar24's data shows that On Time Performance (OTP) of all airlines operating non-stop between India and America have an OTP problem.
11.06 / 07:59
markets
IPO
Booking
security
wellness
band
travelers
ixigo IPO booked over 4 times on day 2 so far on strong demand from retail investors; check GMP, subscription status
₹740-crore initial share sale received bids for 20,52,11,888 shares against 4,37,69,494 shares on offer, according to BSE data.The retail individual investor category was booked to 12.32 times, while non-institutional investors received 8.20 times as many subscriptions. The component for qualified institutional buyers (QIBs) was subscribed at 39%.“ixigo IPO subscription are in line with our expectations with increased interest from retail bidding more than 10x, followed by NIIs/HNIs who have bought more than 7 times the reserved portion as of now on the second day of bidding which could mean the over subscription can lead to potentially decent listing gains over and above 20% for investors.
11.06 / 07:59
markets
Digital
Platform
Gap
Strategy
performer
stage
IIFL fintech Fund's 40% Portfolio EBIDTA Positive
IIFL Fintech Fund - India's only early-stage fintech-focused fund backed by a financial services conglomerate – the IIFL Group, has delivered a stellar performance showcasing strong investment acumen of the fund management team during turbulent industry scenario. The fund is over two-year old and is invested across 14 portfolio companies. It has a 0% Deadpool (Deadpool means failed startups) till now and 40% of its portfolio is EBIDTA positive.
11.06 / 07:49
Provident
WhatsApp
students
2020
Updates
International
Canada Explained: A complete guide to Post-Graduation Work Permit
Post-Graduation Work Permit (PGWP) lets international students who have completed their studies at a designated learning institution (DLI) in Canada to stay and work in Canada temporarily after their graduation, giving them the chance to gain practical work experience in their field of study.
11.06 / 07:49
UPS
WhatsApp
wellness
trends
Trade
reports
Indian Hotels shares drop 0.27% as Sensex rises
Indian Hotels Company Ltd. traded 0.27 per cent lower in Tuesday's session at 01:03PM (IST). The stock opened at Rs 581.45 and has touched an intraday high and low of Rs 584.9 and Rs 577.7, respectively, during the session so far. The stock quoted a 52-week high of Rs 622.25 and a 52-week low of 371.45. About 67,054 shares changed hands on the counter so far.
11.06 / 07:49
11.06 / 07:49
BLOCK
Research
hospital
reports
patient
prevention
Viagra may improve brain functions, prevent dementia: Oxford Study
Sildenafil, known by its brand name Viagra, may have benefits beyond treating erectile dysfunction. Recent research suggests it can help prevent memory-related problems by increasing cerebral blood flow and enhancing blood vessel function in those at risk of vascular dementia, a TOI report by Anuja Jaiswal stated.
11.06 / 07:49
11.06 / 07:49
11.06 / 07:21
markets
UPS
Citi
FIVE
SUN
International
How Aditya Birla Sun Life MF, one of India's first global Gift City funds, works
Aditya Birla Sun Life Mutual Fund launched one of India’s first global funds from Gift City (registered with the International Financial Services Authority or IFSC) last year. It had its first close in September 2023, raising $33 million, mostly from resident Indians and institutions.
11.06 / 06:35
markets
CEO
security
Parke
Experts
performer
recommendations
Should you buy REITs when multibagger realty stocks seem unstoppable?
REITs or Real Estate Investment Trusts are silently clawing back to prominence amid pick-up in demand for office space and rents moving north. REITs offer a diversification opportunity to investors at relatively lower risk, say experts who recommend a bite into this portion of the realty cake. Market regulator Securities and Exchange Board of India (Sebi) allowing fractional ownership through small and medium-sized REITs (SM REITs) is expected to benefit not just this segment but also offer an additional revenue to the retail investor.
11.06 / 06:35
UPS
Man
film
Actor
actress
Investigations
Leading Kannada film actor Darshan detained in murder case
Kannada film actor Darshan Thoogudeepa has been arrested in an alleged murder case, police sources said on Tuesday. The 47-year-old was picked up from a hotel in Mysuru in connection with the murder of a man, identified as Renuka Swamy, on June 9 coming under the Kamakshipalya police station limits here, the sources said.
11.06 / 06:35
Provident
CEO
security
WhatsApp
Lattice
Suzlon bags 103.95 MW wind project from AMPIN Energy
Renewable energy solutions provider Suzlon Group on Tuesday said it has secured a 103.95 MW wind project from AMPIN Energy Transition. As part of the agreement, Suzlon will supply wind turbines and execute the project, including erection and commissioning, at Fatehgarh district of Rajasthan, a company statement said.
11.06 / 06:35
UPS
security
WhatsApp
trends
Trade
reports
Indian Oil Corp. share price up 0.3 per cent
Indian Oil Corporation Ltd. traded 0.3 per cent up at Rs 165.75 at around 11:51AM (IST) on Tuesday. The stock had closed at Rs 165.25 in the previous session. Equity benchmark Sensex traded 185.31 points higher at 76675.39 around the same time.
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