India Financial News
05.06 / 17:21
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Rahul Gandhi will sit in Rae Bareli every Saturday, Sunday to solve people's problems: Dinesh Singh
BJP's Rae Bareli candidate Dinesh Pratap Singh, who lost to Rahul Gandhi, said on Wednesday that he will be on a partial leave only on Saturdays and Sundays for a year and hoped the Congress leader will solve the problems of the locals. According to the Election Commission (EC), Rahul Gandhi secured a total of 6,87,649 votes against Dinesh Pratap Singh who got 2,97,619 votes.
05.06 / 17:21
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24 Muslim candidates win LS seats this time, two less than 2019 polls
Muslim candidates across the country have won the Lok Sabha elections and they include former cricketer Yusuf Pathan of the Trinamool Congress from Bahrampur in West Bengal and Congress' Rakibul Hussain from Dhubri in Assam. However, the community's presence in the 18th Lok Sabha has reduced marginally from 26 last time but is higher than the 2014 tally when 23 Muslim candidates were elected to the lower house of Parliament.
05.06 / 17:21
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President Murmu hosts dinner for PM Modi, outgoing council of ministers
Droupadi Murmu hosted a dinner on Wednesday for Prime Minister Narendra Modi and the outgoing council of ministers at the Rashtrapati Bhavan here. The event was also attended by Vice President Jagdeep Dhankhar and Lok Sabha Speaker Om Birla.
05.06 / 17:21
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KPI Green Engineering bags orders worth Rs 351 cr
New Delhi: KPI Green Engineering on Wednesday said it has bagged orders worth Rs 351.35 crore from various clients for projects, including building crash barrier for railway track fencing, solar projects, and electricity transmission line towers. The company has received orders for solar projects worth Rs 212.38 crore, which include fixed tilt module mounting structure, supply of tracker type module mounting structure & structure part, a BSE filing showed.
05.06 / 17:21
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TMC MP asks Sebi to investigate stock market manipulation through exit polls
TMC MP Saket Gokhale has asked securities market regulator Sebi to investigate the June 3 stock market manipulation triggered by election exit polls. In a letter to Sebi chief Madhabi Puri Buch, Gokhale said multiple exit polls predicted a landslide win for the BJP. But, one exit poll predicted “extremely strange” and “inflated seat numbers” for the BJP in several Indian states.
05.06 / 17:21
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ETFs trading at abnormal prices due to high volatility: Check this before investing in mutual fund ETF to prevent avoidable loss
stock market was also impacted as it descended into panic buying and selling, leading to heightened volatility. While share prices can be easily figured out on real time basis, it becomes difficult to do so when it comes to ETF trading on stock exchanges. Many investors unaware of the impact of high volatility on their investment ended up losing money or unexpected gain.
05.06 / 16:59
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Torrent Pharma in pact with Takeda to commercialize acid reflux drug
New Delhi: Torrent Pharmaceuticals Ltd has entered into a non-exclusive patent licensing agreement with Takeda Pharmaceuticals to commercialize Vonoprazan in India, which is used to treat and prevent the return of ulcers (sores in the lining of the stomach or intestine) caused by certain types of bacteria, the company said in a statement on Wednesday.Vonoprozan is a novel potassium-competitive acid blocker (P-CAB), used for the treatment of acid-related disorder gastroesophageal reflux disease (GERD). Torrent will market Vonoprazan under its own trademark, Kabvie, it stated."We are delighted to commercialize this novel treatment for Indian patients.
05.06 / 16:29
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Pakistani singer Ali Sethi shares viral photo of him losing to Modi in Lok Sabha polls; netizens left in splits
Memes galore as ChatGPT crashes during Lok Sabha elections 2024 results, 'how am I supposed to work?'Ali Sethi acknowledged the doppelgänger in a light-hearted post in which he also tagged the Bengaluru resident Shubham Nalat.Sethi, in a witty post, said, “Apparently I lost some votes in India." A post shared by Ali Sethi (@alisethiofficial)The talented singer's post has since garnered nearly 38K likes. Instagram users also flooded the comments section with humorous comments.Also read: Memes galore as BJP's ‘Abki Baar 400 Paar’ campaign falters, INDIA bloc gains momentum"Careful there.
05.06 / 15:51
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Market post Lok Sabha elections: Not PSU or railways but these sectors to remain in focus in near term
Election Results 2024: Here's what to expect from Indian stock market and what should be your trading strategyMarket analysts had anticipated PSU, defence, railways and renewable energy stocks to outperform post elections. However, experts are now skeptical as the election outcomes fell short of expectations, leaving the BJP in a position where it must rely on the NDA alliance to establish a government, causing concern among investors.Brokerage firm Emkay Global recommended investors to switch from PSUs and Capital Goods to FMCG stocks."We see Narendra Modi returning as PM but in changed circumstances.
05.06 / 15:51
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Can Mohit Joshi catapult Tech Mahindra into the big league of Indian IT?
₹661 crore due to a slowdown in key verticals. Net revenue for the full year declined 5% to $6.27 billion, while net profit plummeted 52.2% to $284 million, down from $598 million a year ago. To be fair, the last 12 months have been tough for the industry as a whole.
05.06 / 15:51
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Use of Meropenem drug can cause adverse reactions: Health ministry panel
Health ministry plans central online drug registry to avoid medication error caused by similar namesMeropenem drug is available under various brand names in India. The medicine falls under the schedule H and H1 of the drugs and cosmetic rules, 1945 and required to be sold by retail only under the prescription by a doctor.“The analysis of adverse drug reactions from Pharmacovigilance Programme of India (PvPI) database revealed that Meropenem drug to cause adverse drug reaction," stated IPC’s drug safety alert reviewed by Mint.“Healthcare professionals, patients or consumers are advised to closely monitor the possibility of the above ADR associated with the use of above suspected drug.
05.06 / 15:51
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Lok Sabha Elections 2024: Did INDIA bloc seat-share benefit Congress more than its allies? Yes, but...
Uttar Pradesh and Maharashtra "where there was a direct alliance." In states such as West Bengal and Punjab — where the alliance partners contested against each other — the alliance managed to reduce the BJP-led NDA's seat share. Moreover, analysis showed that regional parties seemed to have gained more than the Congress in West Bengal, Kerala and Punjab where INDIA bloc allies were in contest against each other.Uttar Pradesh: The SP won 37 seats – the maximum among all the other parties. The Congress won six seats of the total 80 Lok Sabha seats.
05.06 / 15:13
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Tomb Raider: The Legend of Lara Croft: Everything we know about release date, plot, setting and trailer
adventures of Lara Croft continue in the new animated series, "The Legend of Lara Croft." Here is everything known so far about the series, including the release date, plot and trailer.
05.06 / 15:13
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Uno Minda ties up with Chinese firm for production of EV components
Uno Minda on Wednesday said it has tied up with China's Suzhou lnovance Automotive Co for production of electric vehicle components. The company has entered into a technical licence agreement with Suzhou for manufacture and sale of select high voltage category electric vehicle products for both passenger and commercial vehicles, Uno Minda said in a statement.
05.06 / 15:13
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Will Kate Middleton be able to take her earlier roles? What Nostradamus has said about it? Know about 16th-century astrologer
Princess of Wales resume her royal duties and come back to the role she played before being diagnosed with cancer? Or will she never return to the role people saw her in before? At a time when Kate Middleton is undergoing cancer treatment, this question is looming large on the UK, its political system and its Royal Palace. Some people also connect it to the prophecy of 16th-century French astrologer Nostradamus.
05.06 / 15:13
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Mallikarjun Kharge proves his sway in Hyderabad-Karnataka, but Cong fails to repeat its assembly show in Mumbai-Karnataka
Congress party, which had routed the BJP from the Lingayat bastion of Mumbai-Karnataka in the assembly polls last year, failed to recreate the magic in the Lok Sabha elections, winning just one out of seven seats in the region. Hyderabad-Karnataka, however, proved to be a different story, with AICC president Mallikarjun Kharge's home ground faithfully voting in his party in all its five seats.
05.06 / 15:13
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Renowned New York rabbi attacked by antisemitic man, recent video shows. Details here
antisemite just outside a Manhattan synagogue in the heart of New York City. The background of the incident was that the rabbi asked his attacker to simply put his dog on a leash, according to a 'New York Post' report.
05.06 / 15:13
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'Ghamand nahi karna': Gandhis' advice to KL Sharma post Amethi victory
Kishori Lal Sharma, the newly elected Member of Parliament from Amethi, Uttar Pradesh, met with top Congress leaders Sonia Gandhi, Priyanka Gandhi, and Rahul Gandhi in Delhi today. Sharma, who recently defeated BJP's Smriti Irani in a high-profile contest, visited the Gandhis to submit Rahul Gandhi's winning certificate and seek their blessings.
05.06 / 14:59
05.06 / 14:59
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Pakistan issues 962 visas to Sikh pilgrims on 'Martyrdom Day' of Guru Arjun Dev
Pakistan high commission on Wednesday said it issued 962 visas to Sikh pilgrims from India to facilitate their participation at events on the occasion of 'Martyrdom Day' of Guru Arjun Dev. Under the provision of a bilateral protocol on visits to religious shrines, Sikh and Hindu pilgrims from India visit Pakistan every year. Pakistani pilgrims also visit India every year under the protocol.
05.06 / 14:59
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Brakes India forms JV with Japanese firm for advanced braking products
Brakes India on Wednesday announced its plans to develop and manufacture advanced braking products for the domestic light vehicle market in a 51:49 joint venture partnership with Japanese AISIN Group company ADVICS at an investment of Rs 500 crore over the next three years. The joint venture entity will focus on developing these products in a phased manner of which Electronic Stability Control (ESC) will be among the initial products to be rolled out, Brakes India said in a statement.
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