India Financial News

India Meterological Department boss Mrutyunjay Mohapatra on Monday announced that the heatwave currently affecting large swathes of North India would likely abate over the next three days. «Expect relief from heat wave in northwest India and central parts of country after three days,» Mohapatra said. The IMD chief's statements come alongside the weather office's predictions for the monsoon season. The IMD expects Central India to see above normal monsoon in 2024, with the entire country set to recieve above average rains.

MUMBAI : Investors in India’s equity markets seem to have regained confidence about political and economic continuity heading into the last leg of the national election. One clear indicator of this is that the net value of the marketwide options' open position plunged from ₹4.96 trillion on 7 May to ₹91,149 crore on 24 May, a day ahead of the sixth phase of the election. The last phase of voting will be held on 1 June, and the election results declared on 4 June.

Also Read: Rahul Gandhi takes ‘paramatma’ jibe at PM Modi during Bihar rally: ‘If ED asks him about Adani then…’"In the first year, they will revoke the abrogation of Article 370. In the second year, they will bring back triple-talaq.

Nazara Technologies share price rallied over 11.50 per cent on Monday to ₹685 per share, hitting 52-week high after the company said that the promoter Mitter Infotech sold 6.38 percent stake to Plutus Wealth Management through a block deal, on May 27. Plutus Wealth Management has been a pre-IPO investor in Nazara Technologies since 2020.“The Block Trade will provide liquidity for the promoters who have dedicated 25 years to the Company’s growth.

ALSO READ: What does Google CEO Sundar Pichai like to eat in India? 'Dosa in Bengaluru, Chole Bhature if it is…'Sharing the glimpses, a social media user named Aditya Worah took to X and wrote, "Only in Delhi can you expect this. Eat Chole Bhature, Lose Weight, Reduce Diseases."Soon after he shared a post in X, it became viral and garnered 47.5K views.

₹366. The BLS E-Services share price made an impressive start on February 6, 2024 where it opened at ₹305 on the NSE, 125.93% more than the ₹135 issue price.

NEW DELHI:New Delhi: A high-ranking British delegation has cancelled its visit to New Delhi ahead of general elections in the UK, two persons aware of the development said, throwing talks on a planned free trade agreement into uncertainty.British prime minister Rishi Sunak has called elections on 4 July.Also read | The team was scheduled to arrive on Tuesday (28 May) to finalize terms on contentious issues such as work visas for Indians, duty relaxations, and imports of British-made electric vehicle, they said.New Delhi had been hopeful of progress on the trade agreement with the UK, frequently sending out teams of Indian officials to London for talks.The most recent was in the second week of May, during which the Indian deputy chief negotiator returned with reports of significant advances on mobility—an Indian demand—and electric vehicles.“The British officials have cancelled their visit without providing a 'specific reason. It is assumed that the announcement of elections may have led to the cancellation of their trip," one of those cited above said.“The deal was progressing very positively.

Elon Musk's X activates 'Community Notes' program in India. Here's how it works. Researchers who study social media worry about rampant hate speech and incitements to violence; in 2023 it became prohibitively expensive for researchers to get data to study these problems.

Tata Motors, the impact of commodity prices, sourcing, semiconductor costs and navigating the maze of sanctions was a challenge for each, except that one entity clearly benefited and made the most like no other - the airline.Also Read: Air India passenger receives broken seat despite paying extra ₹1,000; airline issues apologyAccording to data shared by Cirium, an aviation analytics company, exclusively for this article, there has been an increase of just four frequencies between India and the United States in May 2024, as compared to February 2020, the last month of operations before the COVID-induced lockdown. However, a granular look at the data shows that the American carriers have reduced frequency by 21 weekly flights while Air India has added new flights.

Reasons to buyReasons to avoidWhat are buyers saying on Amazon?Buyers appreciate the app functionality, ease of installation, and video clarity, but some criticise its performance, value, and recording quality.Why choose this product?This product offers superior image quality, advanced safety features, and convenient app integration for comprehensive driving security.The Qubo Car Dashcam True 4K HDR Dual Channel from Hero Group is a top-tier dash cam made in India. With this camera, you get a Sony IMX415 sensor to capture stunning 4K HDR footage with an 8MP front camera at 2160P and a 2MP rear camera at 1080P.

Honor Magic 6 Pro was launched in the global market at a price of 1299 Euros (around ₹1,16,000) for the 12GB RAM/512GB storage variant. However, we'll have to wait for the official launch of the device by HTech to get clarity on the price of the upcoming smartphone.While HTech hasn't revealed any features about the latest phone, a look at the specifications of the Magic 6 Pro global variant should give us a fair idea about the device coming to India.The Magic 6 Pro comes with a 6.8-inch Full HD+ curved OLED display with a 120Hz refresh rate and a peak brightness of 5,000 nits.

₹26,999. The smartphone is powered by the Snapdragon 7 Gen 1 processor and also features a 6.7 inch Full HD+ Super AMOLED display.

₹22,000 crore in the month of May so far.The total selling by FPIs in the domestic equities since the beginning of 2024 amounted to over ₹19,000 crore so far, as per data available on National Securities Depository Ltd (NSDL).Meanwhile, the highest FPI outflows was seen in the financial services stocks worth ₹9,687 crore during the first fortnight of May 2024 (May 1 to May 15). This was after FPIs selling of ₹12,550 crore in the sector during April 15 - April 30.

PTI reported quoting a police official.According to PTI, the incident occurred at 1:20 a.m. on Monday, May 27, on Old Agra Road, where Malik was seated outside a shop."Two unidentified persons arrived on a motorbike and allegedly fired three rounds at him.

Haryana government has declared the closure of all schools from tomorrow, May 28. The decision has been taken considering the scorching heat and rising temperature. As of now, Haryana's temperature is 46 degrees. Haryana school summer vacations are announced for both private and government colleges. Students and parents are advised to contact the respective school administrations for details. As per the official notice issued today, May 27, all schools will now reopen from July 1, 2024. "Haryana Directorate of School Education has announced summer vacation in all the schools (government and private) of the state from 28 May 2024 to 30 June 2024. Schools will be reopened from July 1, 2024," the official notice reads. This is to be noted that earlier Haryana Summer vacation 2024 dates were from June 1 to 30, which is now preponed to May 28 to June 30.

Aster DM Healthcare on Monday announced its expansion plan for Aster CMI Hospital, a multispecialty hospital in Bengaluru. The unit will have an additional infrastructure expansion of 300,000 sq feet thereby increasing its bed capacity from the existing 500 beds to 850 beds. With this development, the company is further strengthening its presence in Bengaluru, reaching a cumulative bed strength of 1602 beds, thereby becoming one of the largest healthcare providers in the city. The Company will invest around Rs. 250 crore to upgrade the existing facility which is expected to be commissioned by the fiscal year 2027. Spread across an area of 4.45 lakh square feet in Hebbal, Bangalore, Aster CMI Hospital, is one of the leading super-specialty hospitals with contemporary state-of-the-art facilities offering comprehensive primary care to quaternary care services, the hospital said in a press statement.

Africa as in India. It is the second-biggest telecom company in the continent after South Africa's MTN. Fourteen years ago, Bharti Airtel chairman Sunil Mittal took the brave decision to go to Africa and it has been a perilous journey for his company. Africa, where Mittal had expected to map India's telecom growth story onto the continent, turned out to be little like India with its sparse population as well as political volatility which would discourage any pioneer telecom company. Now that Airtel Africa seems to be out of the woods, and having acquired an elephantine footprint in 14 countries across the continent, a big challenge might be shaping up. Mukesh Ambani, the chairman of Reliance Industries (RIL), who disrupted India's telecom market with low tariffs and cheap handsets by launching Reliance Jio in 2015 and swept aside Airtel to become the market leader, is acquiring a tiny foothold in the African telecom market as a telecom tech and equipment vendor. Also Read: RIL's Mukesh Ambani set for African safari with 5G tech solutions

Bombay High Court has recently restrained Dubond Products India Pvt Ltd from manufacturing, distributing or selling its waterproofing product that has allegedly identical trade mark/dressing of Dr Fixit until further order. Mumbai-based Pidilite Industries, the maker of Fevicol and M-Seal adhesive brands, has approached the court to restrain Dubond Products from allegedly infringing its registered trademarks, copyright and passing off for its waterproofing brand Dr Fixit LW. Passing-off in intellectual property rights (IPR) law means making a false representation that is likely to induce a person to believe that the goods or services are those of another.

green card) from the US or a residence visa from the United Kingdom or any European Union country enables you to obtain a 14-day entry visa upon arrival in the UAE. The General Directorate of Residency and Foreigners Affairs Dubai (GDRFAD), Dubai's immigration authority, offers a service that allows you to request pre-approval for this visa, facilitating your immigration procedures upon arrival in the UAE. Here’s how you can avail this service:

Reliance Industries Ltd (RIL) owned Viacom18 and Walt Disney’s Star India have filed a combination notice with the Competition Commission of India (CCI) seeking approval for their merger deal, following the National Company Law Tribunal (NCLT) admitting their merger application. In the May 24 notice, the parties assured CCI that the proposed transaction will not significantly impact competition in India and urged that precise market definitions be kept open. “The proposed transaction will not cause any appreciable adverse effect on competition in India,” said the notice. “Accordingly, the exact relevant market definitions for evaluating the proposed transaction may be left open.”

Ambani wedding can never have just one lavish pre-wedding celebration! After becoming the talk of the town with a grand three-day pre-wedding festivity in Jamnagar, Gujarat in January, the first family of India Inc. is ready to host another magnificent pre-wedding event for their youngest son Anant, and his fiancee Radhika Merchant. The itinerary of this event has now been revealed. According to aTimes Of India report, the second event will take place on a cruise in Italy and France. On Monday Radhika Merchant, Anant Ambani were seen boarding a flight to Italy from Mumbai’s Kalina airport. Several celebs such as Alia Bhatt and Ranbir Kapoor, MS Dhoni, Salman Khan and Ranveer Singh were spotted at the airport too. Here’s everything we know about the upcoming event: