India Financial News

24.05 / 11:37
markets COST Digital Food country innovations rights Need of the Hour: Impactful Innovations that Can Aid Small and Marginal Farmers
However, as the world hurtles towards a future defined by innovation and efficiency, India's agricultural sector stands at a critical juncture. Today, the convergence of digital advancements, precision farming techniques, and innovative agritech solutions holds the promise of revolutionising the way we cultivate the land, unleashing untapped potential and propelling Indian agriculture into the digital world. These accomplishments in Indian agriculture are due to enablers like farm mechanisation, disruption in food productivity and increased irrigation coverage. Let us look at some statistics- approximately 394.6 million acres of land in our country is under farming, with an average farm size of about 2 acres.
24.05 / 11:37
COST UPS Provident Sustainability community country innovations How rooftop solar is reshaping energy consumption
India, a country full of vitality and aspirations, is experiencing a quiet but potent revolution on its rooftops. The development of solar technology is not merely changing the country’s skyline, but also reshaping its energy consumption patterns fundamentally. Solar power is starting to emerge as a sign of sustainable development and energy independence, even in the most isolated villages and busy metropolises. Rooftop Revolution A quiet transformation is taking place on the rooftops of India's vast urban areas. An increasing number of individuals, businesses, and industries are opting for solar energy to meet their energy requirements in an eco-friendly manner. Rooftop solar systems decrease the dependency on fossil fuels by managing energy production with sunlight resulting in reduced carbon emissions. Rooftop solar has gained immense popularity among residential and commercial users. As per the Ministry of New and Renewable Energy, India has achieved 5th rank globally in solar power deployment. As of 30-06-2023, solar projects of a capacity of 70.10 GW have been commissioned in the country. This capacity of 70.10 GW includes 57.22 GW from ground-mounted solar projects, 10.37 GW from rooftop solar projects, and 2.51 GW from off-grid solar projects. Government incentives like the Solar Rooftop Subsidy Scheme, laws on net energy metering*, and endless endeavours to lower the cost of solar panels with continuous technological advancements made rooftop solar more cost-effective than in the past.
24.05 / 10:49
UPS Citi Citizens FD interest rate up to 9. 1% in May 2024: These 7 banks have revised fixed deposit rates in May
banks have revised their fixed deposit interest rate in the month of May. These banks include SBI, DCB Bank, IDFC FIRST Bank, Utkarsh Small Finance Bank, City Union Bank, RBL, Capital Bank Small Finance Bank.
24.05 / 10:49
Election stage gatherings Courts PM Modi calls Himachal Pradesh Congress government 'talabaaz sarkar,' accuses it of shutting recruitment commission
Modi on Friday called the Congress government in Himachal Pradesh a «talabaaz sarkar» for shutting down the staff selection commission and said the party also intends to put a «tala», or lock, on Ayodhya's Ram temple. Addressing a 'Vijay Sankalp' rally in Nahan in Sirmaur district, the prime minister claimed a conspiracy is being hatched to snatch the reservation for Scheduled Castes (SCs), Scheduled Tribes (STs) and Other Backward Classes (OBCs) and give it to Muslims. As Modi took to the stage, he chanted 'Bharat Mata ki Jai' and evoked local deities. Coming to Sirmaur felt like a homecoming, he said. «Neither Nahan nor Sirmaur is new for me but I have to say that today's atmosphere is new as I have never witnessed such a historic rally in Nahan,» he said.
24.05 / 10:49
markets FIVE security CME Research Indian rupee rallies to two-month high on likely dollar inflows
Indian rupee rose to a two-month peak on Friday, boosted by likely strong dollar inflows into domestic equities even as most Asian currencies declined pressured by a rise U.S. bond yields. The rupee rose 0.2% to close at 83.0975 against the U.S. dollar, its strongest closing level since March 19.
24.05 / 10:49
Election stage Courts Investigations Swati Maliwal assault case: Arvind Kejriwal aide Bibhav Kumar sent to judicial custody till May 28
Delhi's Tis Hazari Court on Friday granted four days judicial custody of Arvind Kejriwal's aide Bibhav Kumar, accused of assaulting the Rajya Sabha MP Swati Maliwal. He was produced in the court after his police custody ended today after being arrested on May 18. Meanwhile, Kumar, the former member of Delhi CM's personal staff, also moved an application to protect the DVR seized during the investigation and place it on record. However, Public prosecutor Atul Srivastava opposed the application and submitted that this is not the stage and this application may be dismissed.
24.05 / 10:49
DOW WhatsApp Headlines Adani Ports wins hot seat in Sensex as Wipro shown the door
Gautam Adani's cash cow Adani Ports and Special Economic Zone, the shares of which have nearly doubled in the last year, would soon be included in India's headline equity index Sensex.
24.05 / 10:49
markets UPS Food Trade Updates International Stock market update: Nifty Auto index advances 0.18%
Shares of Bharat Forge Ltd.(up 5.38 per cent), TVS Motor Company Ltd.(up 2.92 per cent), Exide Industries Ltd.(up 2.12 per cent), Samvardhana Motherson International Ltd.(up 2.04 per cent) and MRF Ltd.(up 0.68 per cent) ended the day as top gainers in the pack.
24.05 / 10:49
markets WhatsApp Food Trade Updates Stock market update: Nifty IT index falls 0.64%
Shares of Coforge Ltd.(up 0.76 per cent) and LTIMindtree Ltd.(up 0.18 per cent) ended the day as top gainers in the pack.
24.05 / 10:45
UPS Digital Man Analysis Election show In charts: The times when ECI junked your votes and asked for a repoll
Earlier this month, the Election Commission of India ordered repolling at a polling station in Gujarat’s Dahod Lok Sabha constituency. The reason? A man had gone viral live-streaming while voting at the booth on 7 May, after which the poll body deemed the votes that had already been cast as worthless, and decided to repeat the process. The digital era may throw up new reasons for repolls, but the phenomenon isn’t new.
24.05 / 10:45
markets Progressive wellness Experts beautiful social patient India is still chasing the fairness dream
₹15,800 crore) in India last year, according to a NielsenIQ report. A quick search for #whitening on social media, especially on YouTube and Instagram, will result in thousands of videos offering DIY solutions (even pills). And dermatologists say that there are many who won’t hesitate to shell out a small fortune for fair skin.
24.05 / 10:45
UPS Citi Election Research performer reports General Elections 2024: Private banks or public sector lenders - who will benefit more from Modi's likely win?
over 12 percent in this period.In the Nifty Private Bank index, barring 3 stocks - ICICI Bank (13.5 percent), Axis Bank (6.6 percent), and Federal Bank (4.5 percent), all other constituents have given negative returns in 2024 YTD. Bandhan Bank shed the most, down over 22 percent, followed by IDFC First Bank, down over 12 percent, HDFC Bank, down 11 percent and Kotak Bank, down 10.8 percent.
24.05 / 10:45
Mobile Bayer Healthcare Cummins Top Gainers and Losers today on 24 May, 2024: HDFC Bank, Larsen & Toubro, Adani Ports & Special Economic Zone, Tata Consumer among most active stocks; Check full list here
Top Gainers: HDFC Bank (up 1.64%), Bharti Airtel (up 1.12%), Larsen & Toubro (up 1.11%), NTPC (up 0.68%), Axis Bank (up 0.61%)Top Losers: Asian Paints (down 1.21%), Tech Mahindra (down 1.18%), ITC (down 1.16%), Mahindra & Mahindra (down 1.15%), Tata Consultancy Services (down 1.14%)Top Gainers: HDFC Bank (up 1.65%), Larsen & Toubro (up 1.13%), Bharti Airtel (up 1.05%), Bharat Petroleum Corporation (up 1.03%), Axis Bank (up 0.75%)Top Losers: Adani Ports & Special Economic Zone (down 1.89%), Tata Consumer (down 1.76%), Tech Mahindra (down 1.18%), ITC (down 1.17%), Titan Company (down 1.15%)Top Gainers: Vodafone Idea, Bharat Forge, Astral, L&T Finance Holdings, Hindustan Petroleum CorporationTop Losers: Suzlon Energy, Godrej Properties, Jubilant Foodworks, Max Healthcare Institute, Cummins IndiaTop Gainers: Baheti Recycling Industries, Amara Raja Energy & Mobility, Swan Energy, Century Textiles & Industries, JBM AutoTop Losers: Computer Age Management Services, ITI, Housing & Urban Development Corporation, Keystone Realtors, IRCON InternationalTop Gainers: BHARAT DYNAMICS ORD (up 8.59%), Amara Raja Energy & Mobility (up 8.51%), Vodafone Idea (up 7.54%), Rashtriya Chemicals & Fertil (up 6.32%), Timken India (up 6.24%)Top Losers: Bayer Cropscience (down 5.17%), Suzlon Energy (down 4.89%), Engineers India (down 4.68%), One 97 Communications (down 4.28%), Teamlease Services (down 4.18%)Top Gainers: Baheti Recycling Industries (up 9.99%), Inox Wind (up 9.06%), Amara Raja Energy & Mobility (up 8.61%), BHARAT DYNAMICS ORD (up 8.38%), Vodafone Idea (up 7.47%)Top Losers: Bayer Cropscience (down 5.55%), Schneider Electric Infrastructure (down 5.00%), Trident Techlabs (down 5.00%), Viviana Power Tech (down 4.99%), Suzlon Energy (down
24.05 / 10:19
markets Action Election Experts performer Interviews Expert view: Market may see volatility after election; upside for gold, silver may be limited, says Damania of MojoPMS
Sunil Damania, Chief Investment Officer, MojoPMS, anticipates potential market volatility after the Lok Sabha election 2024, especially if the BJP fails to exceed 350 seats. After the election, the market will shift focus to appointing the next finance minister and the forthcoming Budget, which could further contribute to market volatility, says Damania in an interview with Mint. The base case scenario anticipates the formation of a government by the BJP.
24.05 / 09:53
markets Citi ETF Strategy Research Experts country How a Japanese makeover is driving Nippon India MF's growth, rankings
Sikka, now the executive director and chief executive officer,has been at the helm of Nippon India MF since 2009. Some of Nippon India's MF schemes are very popular among investors. These include its small-cap mutual fund, which is ranked first in terms of assets under management (AUM).
24.05 / 09:53
markets UPS FIVE Booking security reports International Transformers & Rectifiers stock hits 5% upper circuit on ₹161 crore order win
₹620 apiece following a significant order win.In an exchange filing on Thursday, the company announced that it received an export order from AL Anwaar International for a "T&R" MAKE 90 MVA, 132/33 KV Transformer with fittings and accessories, worth ₹161 crore.In February, the company secured an order worth ₹232 crore from the Power Grid Corporation of India. Over recent months, TRIL has received multiple orders, bringing its unexecuted order book to 44,594 MVA valued at ₹2,581 crore as of March 31, according to the company's Q4 earnings report.
24.05 / 09:53
markets UPS security Election Research Lok Sabha Elections 2024: Market may see sharp 20% decline if election results deviate from expectations -Experts
Also Read- Greed & Fear: Correction on cards? Foreign investors may no longer be overweight on Indian equities, says Chris WoodIn the less probable event that the election results significantly deviate from market expectations, the stock market could witness a substantial 20% decline, said Sunil Damania, Chief Investment Officer, MojoPMS In such a scenario, the market might require up to six months to stabilize and return to pre-election levels, he added.Deepak Jasani, Head of retail Research at HDFC Securities also agreed that that if election results deviate from expectations and the ruling BJP led National Democratic alliance fails to form government, the markets can see a sharp downside, . The reforms may get a setback and the populist announcements by the parties may take centerstage hurting market sentiments, sadi Jasani.
24.05 / 09:53
Art Food DISH hospital recommendations rights How chefs select, source and use masalas
chaat masala by MDH is the king of all masalas," says Himanshu Saini, corporate chef of the hospitality brand Passion F&B that runs Michelin-starred restaurants Tresind and Avatara. Chef Manish Mehrotra uses it too. Using masalas right is both a skill and an art, and transforms the final taste of a dish.
24.05 / 09:53
markets UPS Provident Platform Adobe Research US-based Pienza Ventures to offer accelerator initiative for SAAS-based Indian B2B startups
Pienza Ventures is betting big on SAAS-based B2B Indian start-ups with an initial $5 million booty and a unique accelerator programme to facilitate market access to the US, which hosts the world’s largest start-up ecosystem and VC activity.Founded by Aaron Bird and backed by Version One Capital, MHS Ventures and Cercano Management, Pienza is setting up an office in Bengaluru to drive its aggregator programme to identify and steer fresh entrepreneurial ventures, its partner and angel investor Jofin Joseph told Livemint.Aaron, a super-angel with 70-plus angel investments, founded Bizible, which was acquired by Marketo in 2018. Later Marketo itself was acquired by Adobe.
24.05 / 08:55
Provident security Trade reports travelers Courts Updates Delhi High Court orders BharatPe Co-founder Ashneer Grover, wife to provide ₹80 crore security for US travel
₹80 crores before travelling to the United States. They must furnish the security by way of property and submit their Emirates Card to ensure they do not travel to the United Arab Emirates (UAE), as they hold “golden visas," as per Hindustan Times report.Also Read | Mahindra & Mahindra Financial Services share price Today Live Updates: Mahindra & Mahindra Financial Services Stock Up in Trading TodayThe court has allowed the couple to travel separately to the US for their children's summer school after consulting with the Economic Offences Wing regarding their travel conditions.Also Read | Tech Mahindra share price Today Live Updates: Tech Mahindra Stock Falls Amid Market VolatilityAccording to the Hindustan Times report, they must share details of their stay, including hotel accommodations, travel plans, and phone numbers, with the court and the investigating agencies.According to the court's schedule, Ashneer Grover will leave for the US on May 26 and return to India on June 14, while Madhuri Jain Grover will travel to the US on June 15 and return to India on July 1, as per the report in HT.Also Read | Apollo Tyres share price Today Live Updates: Apollo Tyres Stock Plummets in Trading TodayAdditionally, the court has directed the couple not to create any third-party rights on the shares of BharatPe that they hold.
24.05 / 08:55
markets UPS Citi MET security reports Petronet LNG Q4 a letdown amid diversification, competition risks
₹1,104 crore in Q4 on revenue of close to ₹13,800 crore. Natural gas prices have declined to less than one-third from a peak of $9.3 per mmbtu (Henry-Hub) in August 2022. Petronet’s Dahej plant achieved capacity utilization of 97% in Q4, up from 77% a year ago and the highest in the last ten quarters.

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