India Financial News
05.06 / 08:19
UPS
Target
Election
Equality
Updates
Lok Sabha Elections Results 2024: Modi failed to equal THIS Nehru record as he sets for 3rd term as PM
Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) winning 293 seats in the 543-member Lok Sabha Elections 2024. Modi will be the second Prime Minister after Jawaharlal Nehru to come to power in India for three straight terms.Modi, however, failed to equal Nehru in another aspect of elections. Nehru had won an outright majority in his third election held in 1962.
05.06 / 08:19
markets
Aware
SEC
Platform
security
Trade
social
Mint Explainer: Sebi’s beef with virtual trading apps
Here’s a quiz: If you had access to real-time stock price data, what would you do? These are your options: You could gamify the stock trading experience using virtual money. On top of that, you could start a contest, charge a small entry fee, and distribute prizes. And maybe also launch a social trading platform where users can show off their stock-picking skills.
05.06 / 08:01
Cooper
Election
President
Celebrity
stage
country
"Badhaai Ho!": Israel, China, Italy, and other world leaders celebrate PM Modi's 2024 Lok Sabha victory
China on Wednesday congratulated Indian Prime Minister Narendra Modi following his election win, adding it was «ready to work» with its neighbour.
05.06 / 08:01
markets
Election
Moodys
stage
reports
consolidation
Modi govt's fiscal consolidation pace post-Covid worse than peers? Moody's report flags weaker fiscal, debt metrics
Moody's rating agency has highlighted that India's fiscal consolidation pace post-Covid has underperformed compared to its peers, including emerging markets in the Asia-Pacific region.
05.06 / 08:01
markets
Manufacturing
Election
Research
wellness
band
reports
ITC among 18 large and midcap ideas from Motilal Oswal's post-election anxiety
valuations like industrials, PSU, defence and banking may turn attractive again from a risk-reward perspective, domestic brokerage firm Motilal Oswal said today while giving out a list of 18 large and midcap stock ideas following election results. From the large cap category, the brokerage firm has picked stocks like ICICI Bank, ITC, HCL Tech, Coal India, L&T, M&M, Ultratech, CIFC and Hindalco.
05.06 / 08:01
markets
Citi
Manufacturing
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Metro
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Hiring in tier-2 cities showing consistent growth: foundit
Hiring in tier-2 cities has shown consistent growth compared to metropolitan areas, with cities such as Kochi, Coimbatore and Jaipur emerging as key hiring locations, according to Insights Tracker of talent platform foundit.
05.06 / 08:01
markets
SUN
Healthcare
hospital
reports
recommendations
HUL, HDFC Bank among 31 stocks ideas likely to bounce back post NDA win
stocks across sectors like FMCG, auto, pharma/hospitals, private banks, capital goods, commodities, telecom, consumer durables, etc. may likely see a bounce back as the NDA looks set to retain power, says domestic brokerage firm Prabhudas Lilladher. Given expected focus on rural India and normal monsoons, sectors like consumer, auto, pharma, private banks, durables etc. might come to focus, wherein the domestic brokerage stated that it had recently increased weights in model portfolios.
05.06 / 05:55
Nestle
Dabur India, Godrej Consumer Products & others hit 52 week high today ; Do you own any?
Bank Nifty was down by -137.25(-0.29%) at 05 Jun 2024 10:44:56 IST.Other stocks such as Bannari Amman Sugars, Iris Clothings, Anupam Rasayan India, EPL, RAJRATAN GLO hit their fresh 52 wk lows today.
05.06 / 05:55
markets
UPS
Target
Strategy
Align
Diversity
Profiles
Mutual Funds: How to become a crorepati with the 15x15x15 investing rule?
₹15,000 for 15 years in a fund that has earned 15% returns over the period. This amounts toInvested Amount: ₹27,00,000Estimated Returns: ₹74,52,946Total Value of the Returns: ₹1,01,52,946.Also Read: Mutual Funds: What is a step-up SIP and how does it work?While the 15x15x15 rule offers a useful starting point, it’s essential to consider several key factors:Market volatility: The 15% yearly return in the 15x15x15 formula is an example, not a promise.
05.06 / 05:55
Myanmar
country
Relationships
International
Mint Explainer: BJP's third term - coalition politics and India's foreign policy
BJP, having secured more than 272 seats on its own in both 2014 and 2019, was not concerned with political stability. However, in his first speech after the results on Tuesday, Modi emphasized that India would continue to look outward, seeking to integrate into global value chains and assist countries in need. For the world, Modi is someone they have engaged with for the past decade, someone they have done business with and hence predictable to work with.
05.06 / 05:13
Action
Strategy
economy
Sustainability
country
innovations
International
Modi 3.0 could establish Indian leadership in climate resilience
As India looks set for a third Lok Sabha term under the leadership of Prime Minister Narendra Modi, the nation is poised to solidify its status as a global climate leader. India’s rising role in global environmental stewardship will be driven by the PM’s visionary ‘Panchamrit’ strategy. This initiative, combined with India’s impressive climate action, can set a benchmark for the world in sustainable development and innovative solutions.
05.06 / 05:13
UPS
security
Election
show
Updates
Chandrashekhar Azad – The Dalit face who partook in upending BJP in UP during Lok Sabha Elections 2024
Catch LIVE updates of Lok Sabha Election Result with Mint The Dalit face of UP crown had always been held by Mayawati's Bahujan Samaj Party. However, on Tuesday, Lok Sabha Election result 2024 counting showed that Chandrashekhar Azad received 51.19% of the votes in west UP seat dominated by Muslims and Dalits, BSP was placed fourth at 1.33%.Chandrashekhar Azad won from Nagina, a Scheduled Caste-reserved constituency of western UP, by a margin of over 1.51 lakh votes. Azad defeated Bharatiya Janta Party (BJP) 's Om Kumar, whose vote share fell to 36%.The BSP candidate Surendra Pal Singh received only 1.33% of the votes, significantly lower than the Samajwadi Party's (SP's) Manoj Kumar, who had a vote share of 10.22%.
05.06 / 05:13
security
Election
Delhi Lok Sabha Election Result: BJP repeats 2019 ‘clean sweep’ verdict but with low margins
Lok Sabha elections 2024. The Election Commission of India declared BJP candidates Ramvir Singh Bidhuri, Praveen Khandelwal, Bansuri Swaraj, Harsh Malhotra, Manoj Tiwari, Kamaljeet Sehrawat, and Yogender Chandoliya winners on June 4.
05.06 / 04:29
markets
UPS
Strategy
Election
Experts
show
NOT
Average fund managers not data-driven; their biases hurt investors, says Devina Mehra of First Global
Elections 2024 & Stock Markets: ‘Stop predicting, start…’ says Deepak Shenoy of CapitalmindMehra further wrote that for most people, it is virtually impossible to ignore their incentives or political biases and look at data objectively."Whether blinded by their biases or incentives, these reversals show that your average fund manager is not fact—or data-driven. Eventually, this also shows up in the performance—which hurts you, not them, Mehra wrote.In another post on X a week ago, Mehra said she remains positive about the Indian stock market in the medium term.However, she pointed out that the market may see volatility in the short term.
05.06 / 04:29
UPS
Cooper
Remark
Election
performer
Italian PM Giorgia Meloni congratulates Narendra Modi on 3rd Lok Sabha election victory, PM reacts
Lok Sabha Election Results 2024 LIVE UpdatesThe Italian Prime Minister further added that both nations will cooperate on various issues that bind the two nations and are for the well-being of the people."Congratulations to @narendramodi on the new electoral victory and my warmest wishes for good work. Certain that we will continue to work together to strengthen the friendship that unites Italy and India and consolidate cooperation on the various issues that bind us, for the well-being of our Nations and our peoples," Italian PM Meloni said in a post on X.Reacting on the warm wishes, Prime Minister Modi replied, “Thank you for your kind wishes PM@GiorgiaMeloni.
05.06 / 04:29
markets
Target
FIVE
SUN
Election
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recommendations
Election stocks to buy or sell: Sun TV to Pidilite — Sumeet Bagadia recommends five breakout stocks today
Stocks to buy or sell: After the disappointing Lok Sabha Election 2024 results, the Indian stock market witnessed a heavy bloodbath on Tuesday. The Nifty 50 index witnessed the worst-ever intraday loss in over four years, as the 50-stock index crashed 1379 points and finished at 21,884.
05.06 / 04:29
markets
Provident
SUN
Manufacturing
Assurant
security
Financial
NFO Alert: Helios Mutual Fund launches Helios Financial Services Fund; all you need to know
Also Read: NFO Alert: Mahindra Manulife Mutual Fund launches Mahindra Manulife Manufacturing Fund; all you need to knowThis is an open-ended equity scheme investing in the financial services sector. Speaking on the launch, Samir Arora, Founder, Helios Capital, said, “Helios Financial Services Fund serves as an avenue to benefit from the robust growth potential of the Indian financial services sector and is suitable for investors looking for long-term wealth creation or investment in equities of companies engaged in financial services".The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related securities of companies engaged in financial services.
05.06 / 04:13
markets
Manufacturing
Action
security
Align
performer
rights
NFO Alert: Mahindra Manulife Mutual Fund launches Mahindra Manulife Manufacturing Fund; all you need to know
Mahindra Manulife Manufacturing Fund. This is a thematic fund focused on the long-term opportunities that will emerge as manufacturing continues to gain impetus from policy actions and become a significant driver of the economic transformation agenda.
05.06 / 04:13
FIVE
security
Dreams
Election
wellness
Updates
Lok Sabha Election Result 2024: BJP clean sweeps THESE five states but falls short of simple majority
Lok Sabha Elections: The Bharatiya Janata Party (BJP) secured 240 seats in the Lok Sabha elections, falling short of a simple majority of 272 seats. However, the BJP-led National Democratic Alliance (NDA) comfortably crossed the majority mark of 272 seats, emerging as the largest alliance in the Lok Sabha.According to the Election Commission of India (ECI), despite aiming for 370 seats on its own and more than 400 with its allies, the BJP won 240 seats.
05.06 / 03:57
UPS
Target
FIVE
Election
Poll woes: BJP’s vaulting ambition runs into coalition reality
The hurly-burly is done. This year’s battle for India’s Lok Sabha, the world’s largest electoral exercise ever, was a story of vaulting ambition even by the high standards of Prime Minister Narendra Modi. In what seemed like an open dare for his Bharatiya Janata Party (BJP), he set for it the target of a two-thirds majority in Parliament: 370 seats.
05.06 / 03:57
Gap
security
Election
BAY
reports
gatherings
INDIA eyes TDP, JD(U) to keep Modi, Shah at bay? BJP's future hangs on coalitions; alliances crucial like never before
Lok Sabha Election Results 2024 LIVE UpdatesIn this scenario where no single party has secured an independent mandate, alliances become pivotal for forming a government. Negotiations and discussions between the NDA and the INDIA Bloc with potential allies are essential to secure support and establish a coalition government.
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