India Financial News

India's economy witnessed a robust growth rate of 7.8 per cent year-on-year in the January-March quarter, surpassing expectations due to strong performance in the manufacturing sector. According to government data released on Friday, the GDP growth in the fourth quarter of the FY24, was slightly lower than the revised 8.6% growth in the previous quarter. Furthermore, economists are optimistic about sustained momentum throughout the year.

Lok Sabha elections, the Phalodi Satta Bazar in Rajasthan has updated its estimates for the ruling Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) and the Opposition's INDIA bloc. This grey market has become a popular gauge for people amid the absence of official opinion or exit polls. Initially, the Phalodi Satta Bazar's estimates aligned closely with the BJP's claim of the NDA securing 400 seats out of 543. However, projections shifted as the election progressed. Prior to the polls starting on April 19, the market predicted over 300 seats for the BJP alone. This figure dropped to about 290 seats after the first two phases and rose again to nearly 300 after the fifth phase. In its latest update, the Phalodi Satta Bazar anticipates the BJP securing fewer than 300 seats, while projecting the INDIA bloc to achieve 80-85 seats, its highest forecast yet. On May 13, the market predicted 40-42 seats for the Congress, considerably lower than its 2019 tally of 52 seats and even below its lowest-ever tally of 44 in 2014.

Exit polls. "The purpose of any debate should be to inform the people.

Top news of the day: On 31 May, a series of events are set to take place right from politics to business. Indian economy expanded at a blistering 7.8% in the three months through March. Prajwal Revanna, the suspended JD(S) leader and Bengaluru's Hassan MP, was remanded to six-day police custody in connection with allegations of sexually abusing several women.The Indian economy expanded at a blistering 7.8% in the three months through March, surpassing expectations and pushing up growth for the fiscal year 2024 to 8.2%, according to official data released on Friday.

“As an independent venture capital firm, we have the flexibility to adjust our fund size and allocations. However, we have outlined a strategy to allocate approximately 25-30% of our investments specifically in the APAC region.

What are buyers saying on Amazon?Buyers praise its quality, comfort, performance, and ease of installation. They appreciate its rich appearance and effective neck and back massage.Why choose this product?Choose for its quality, comfort, performance, rich appearance, effective massage, and value for money.The HCI eGenki Full Body Massage Chair offers a luxurious and advanced massage experience.

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Narendra Modi swept to power a decade ago on promises to transform India’s economy, and as he seeks a third term as prime minister, it would be hard to argue he hasn’t made strides

Lok Sabha Elections 2024 trading strategy: Is Nifty 50 set to scale new heights after poll results?Here are the five key factors set to influence the Indian stock market in June:All eyes are on the results of the Lok Sabha election 2024, which is expected on June 4. Exit polls will start coming after the final phase of the seven-phase general election on Saturday, June 1.

₹776.40 and hitting a new all-time high of ₹797 per share.Adani Total Gas followed closely as the second top performer, rising 9.6% to settle at ₹1,047 per share. Other group stocks, including Adani Enterprises, Adani Green Energy, Adani Ports & Special Economic Zone, Adani Wilmar, Adani Energy Solutions, ACC, Ambuja Cements, and NDTV, also saw gains ranging from 2.5% to 9%.Also Read: India Ratings upgrades Adani Green Energy to ‘IND AA-’ with stable outlookThis rally was attributed to the positive sentiment highlighted by global brokerage firm Jefferies, which noted that the conglomerate has recovered from the losses incurred during the Hindenburg episode and is now back on an "expansion spree," planning a USD 90 billion capex over the next decade.In January last year, U.S.

southwest monsoon had advanced into the remaining parts of the Bay of Bengal, Tripura, Meghalaya, Assam, Sub-Himalayan West Bengal, and Sikkim. The monsoon has set in over Kerala in southern India today.“Conditions are favourable for the southwest monsoon to advance further into some more parts of the central Arabian Sea, the remaining parts of the south Arabian Sea, the Lakshadweep area, Kerala, some parts of Karnataka, some more parts of Tamil Nadu, and the Southwest Bay of Bengal during the three days," the weather office said.This year, the southwest monsoon marked an early entry Thursday, two days ahead of schedule.

Also Read: IPO Boom: 57% of SME issues saw over 100% subscription in 2024, HOAC Foods leads pack; check top performersAnalysts believe that the rise in IPO activity has been driven by the strong economic development, rising Indian stocks, and consistently exceeding expectations of company earnings, which encourages more companies to go public. The IPO market has benefited greatly as a consequence, and new –age companies like Tata Capital, Hexaware, Ola Electric, and Swiggy are lining up for their 2024–2025 public market debuts.“The primary market witnessed 30 mainboard IPOs till May this year.

NDTV, the Congress chief said that Rahul Gandhi would be a popular choice for the top post."Rahul Gandhi is my choice to be Prime Minister," Kharge told NDTV, adding, he represents the youth, and length and breadth of the country.Also Read: Who will be PM if INDIA bloc wins election: Here's what AAP's Arvind Kejriwal has to sayHowever, the Congress chief added that the INDA bloc has decided they are fighting together, and after winning, the coalition will jointly decide who will be PM.He also rubbished talk that he too could be a PM candidate."How can I propose my (own) name? The party will take a call. Alliance parties might have named me but, in our party, we will sit (together) and decide...

Also Read- Lok Sabha Polls trading strategy: Nifty may hit 24,600 in a year, says Jitendra Gohil of Kotak Alternate Asset ManagersDownside risks include a slowdown in the global or domestic economy, potential conflicts, rising inflation eroding consumer spending and corporate profits, and election results that do not yield a majority or deviate significantly from expectations, which could destabilize markets.Q4 results have largely met expectations, with notable outperformance in the Auto, Energy, Realty, and PSU sectors, especially banks. Conversely, IT, Private Banks, FMCG, and Media have lagged due to inflationary pressures and reduced discretionary spending.

Restrictions have been implemented by the Reserve Bank of India (RBI) to protect consumers from unsolicited credit cards. This law was put into effect by the RBI to safeguard you against unsolicited credit cards and the risks associated with them, such as

Delhi's Tis Hazari court on Friday sent Delhi Chief Minister Arvind Kejriwal's aide Bibhav Kumar to 14 days judicial custody in the Swati Maliwal assault case. Kumar was arrested on May 18 and sent to police custody for five days by a magisterial court, which observed that his anticipatory bail plea had become infructuous because of his arrest. The FIR against Kumar was registered on May 16 under various Indian Penal Code (IPC) provisions, including those related to criminal intimidation, assault or criminal force on a woman with the intent to disrobe, and attempt to commit culpable homicide.

India's space ambitions: Market forces are with us Agnikul Cosmos has just demonstrated that it is no longer a matter of playing catch-up as the Agnibaan launch vehicle is cutting-edge in terms of technology. The engine is semi-cryogenic, meaning it uses a mixture of extremely cold fuel (liquid oxygen) and normal-temperature fuel (kerosene or aviation turbine fuel). Semi-cryogenic rocket engines are even trickier than fully cryogenic ones, which use a mix of very cold fuels.

Domestic benchmark index NSE Nifty ended 42.05 points up at 22530.7, while the BSE Sensex closed 75.71 points up at 73961.31.

Royal Orchid Hotels Limited has reported a total income of Rs 312.70 crore for financial year 2024, up from a total income of Rs 279.69 crore reported for financial year 2023. The chain posted a profit of Rs 50.82 crore for financial year 2024, up from Rs 49.22 crore in the previous fiscal year. On a quarterly basis, Royal Orchid Hotels posted a total income of Rs 82.30 crore in the fourth quarter of fiscal year 2024, up from Rs 76.54 crore in corresponding quarter of the previous fiscal. The hotel chain posted a profit of Rs 16.69 crore in quarter four of financial year 2024, up from Rs 13.12 crore in quarter four of financial year 2023. The chain has a portfolio of over 107 hotels across more than 70 locations.

We have curated a list of the best milk chocolates in India which are offered by some of the most renowned brands across the world. Indulge in the richness and creaminess of these chocolates and treat yourself with the perfect blends of bitterness, sourness, and sweetness. Go through the article and place your order using the buying links shared in the article below.

suspended MP Prajwal Revanna on Friday was remanded to SIT custody for seven days till June 6 in the ongoing probe in the obscene videos case. Prajawal Revanna who was brought to the CID office in Bengaluru after he landed at Kempegowda International Airport is likely to face a probe by the Special Investigation Team (SIT) over allegations of sexual harassment and criminal intimidation following a complaint by a woman who worked in his household. He returned to India from Berlin, Germany, nearly a month after leaving the country on a diplomatic passport and was immediately taken into custody.