India Financial News
24.05 / 06:05
COST
UPS
security
Personal loans for big purchases: Here are the pros and cons
Frequently Asked Questions (FAQs)- The most economical option is to use your savings to pay off interest and other costs. If you have saved up enough money to pay for the whole thing, then great.- If you have a car or other valuable asset as collateral, you may be eligible for a secured loan at a lower interest rate than an unsecured personal loan. A 0% APR credit card offer (used strategically) is a fantastic alternative for short-term financing if you can pay off the balance during the introductory period (typically 12-18 months) to avoid paying excessive interest rates later.
24.05 / 06:05
markets
Updates
Indian Metals & Ferro Alloys Q4 Results Live : profit rise by 34.75% YOY
₹15.99 for Q4 which increased by 26.9% Y-o-Y.Indian Metals & Ferro Alloys has delivered 0.9% return in the last 1 week, 49.11% return in the last 6 months and 45.14% YTD return.Currently, Indian Metals & Ferro Alloys has a market cap of ₹3830.74 Cr and 52wk high/low of ₹768 & ₹268.91 respectively.FAQsQuestion : What is the Q4 profit/Loss as per company?Ans : ₹86.27CrQuestion : What is Q4 revenue?Ans : ₹700.56CrStay updated on quarterly results with our results calendarMilestone Alert! Livemint tops charts as the fastest growing news website in the world
24.05 / 05:49
SUN
Food
International
Pharmaceuticals
Havells India, Samvardhana Motherson International & others hit 52 week high today ; Do you own any?
Bank Nifty was down by -37.45(-0.08%) at 24 May 2024 10:44:59 IST.Other stocks such as Varanium Cloud, Semac Consultants, GSS Infotech, MEGASTAR FOOD, Brightcom Group hit their fresh 52 wk lows today.
24.05 / 05:49
BLOCK
Election
Food
show
stage
cover
Videos
Woman passenger's brutal rant with Uber driver after car breakdown sparks debate on internet, ‘Aukat hai toh…’ | Watch
Also Read: Stage collapse in Mexico election rally kills 9; viral video shows presidential candidate's narrow escape | WatchThe texts on the video indicate that the argument between the two began after the vehicle broke down in the middle of their journey. The woman lost her cool after the male driver asked her to pay for the distance covered by the taxi before the breakdown. While, it is unclear to understand the exact reason behind the argument, it is clearly visible how the woman continued to humiliate the driver as he asked for his fare.Also Read: Mumbai restaurant issues clarification after employee seen cleaning drain with food frying net | VideoThe video has been shared widely on social media.
24.05 / 05:49
BBC
fun
Podcasts
rights
cricket
Justin Langer turns down India head coach position after Rahul's '1000 times more pressure, politics' advice
BBC Stumped podcast, Langer said, "It would be an amazing job, I have [put myself out of contention]."He added, "I also know that it's an all-encompassing role, and having done it for four years with the Australian team, honestly, it's exhausting. And that's the Australian job!""I was talking to KL Rahul and he said, 'You know, if you think there's pressure and politics in an IPL team, multiply that by a thousand, [that's] coaching India. That was a good bit of advice, I guess."Earlier on May 18, Langer also left a hint that he might be coaching Team India.
24.05 / 05:49
MET
Universities
show
reports
peace
‘India will get next-generation nuclear fuel this summer’, says Russia's Alexey Likhachev
nuclear area, reported Russia Today (RT).Atomic Energy Commission chairman Ajit Kumar Mohanty was hosted by the Russian Atomic Chief in Siberia's Tomsk region in Russia on Thursday. The Russian Atomic Chief showed Mohanty the fourth-generation site that will host the safest atomic reactor in history, RT-India reported.Moreover, the head of Rosatom Likhachev also praised the cooperation between the two nations, calling India a key partner in the nuclear area.Earlier on Thursday, Mohanty and the head of Rosatom held meetings in Seversk, Tomsk region.The leaders of Russian and India nuclear industries visited the site of the Pilot Demonstration Energy Complex (PDEC) being built in Seversk, Tomsk region, as a part of the "Proryv" ("the Breakthrough") strategic industry project, according to a statement by Rosatom.During the joint visit, a full-scale discussion took place on the perspective areas of the Russian-Indian cooperation in the nuclear field."We are ready to serious expansion of the cooperation with India in the field of using nuclear energy for peaceful purposes.
24.05 / 05:49
Cooper
Trade
President
country
travelers
donates
International
Maldives plans RuPay launch to strengthen ties with India
Maldives matters: India’s moving to foil Chinese designsMinister of Economic Development and Trade Mohamed Saeed said, "Addressing the dollar issue and reinforcing the MVR is a top priority for the current administration".In August 2022, the then President of Maldives Ibrahim Mohamed Solih said, “The two leaders welcomed the ongoing work to operationalize the usage of Rupay Cards in Maldives and agreed to consider further measures to boost bilateral travel and tourism and economic inter-linkages".Maldives says its pilots cannot fly aircraft donated by IndiaOn Wednesday, Maldives said that both India and China have agreed to cooperate in efforts to pay for imports in their respective countries’ currency instead of the US dollar. Saeed said he met with the Indian High Commissioner Munu Mahawar two weeks ago, who in turn, said that New Delhi would support and cooperate in arranging for the settlement of import payments in Indian Rupee.'True gesture of goodwill': Maldives thanks India for extending budget supportSaeed said the move is likely to help Male save almost 50% of the annual $1.5 million import bill from the two countries.In July 2023, the Government of India declared that Maldives was among the 22 countries that were permitted by the Reserve Bank of India to open Special Rupee Vostro Accounts (SRVAs) as part of efforts to promote bilateral trade in local currencies.Over the last few years, multiple banks and payment companies from across various countries have partnered with NPCI International Payments Ltd (NIPL), the international arm of NPCI, to accept UPI and RuPay in one form or the other.
24.05 / 05:49
markets
IPO
Manufacturing
Food
performer
exclusive
reports
HOAC Foods Listing: Stock makes stellar market debut, lists at 206% premium at ₹147
(HOAC Foods India) made a decent market debut today, as its shares opened at ₹147 each on NSE SME, indicating a premium of 206% over the issue price of ₹48. The SME IPO, valued at ₹5.54 crore, was open for subscription from May 16 to May 21, 2024, at a price of ₹48 per share.
24.05 / 05:49
markets
Manufacturing
economy
trends
performer
country
cover
India begins FY25 on a strong note as top emerging market: Mint tracker
Mint tracker, continuing its trend from the previous year. With a composite score of 84, out of a maximum possible score of 100, India topped the EM league table in April with a persistently strong purchasing managers’ index (PMI) in the manufacturing sector, where it has had the best reading in the rankings for 12 months in a row—and in all but three months since November 2021. All currencies in the list saw a decline against the US dollar in April.
24.05 / 04:49
COST
Provident
security
wellness
Healthcare
cover
Pregnancy
Why should you consider maternity insurance before starting a family? Here are 5 key reasons
The increasing expenses associated with childbirth in India are fueling a greater interest inhealth insurance policies that include maternity coverage. It is essential to explore the real-life challenges of starting a family, emphasising the necessity for thorough preparation. Maternity insurance emerges as a cornerstone in this readiness, offering essential support for the well-being and financial stability of both mothers-to-be and their babies.
24.05 / 04:49
UPS
security
information
reports
rights
diving
Personal loan: These are the lowest interest rates offered by top banks in May 2024
When unexpected expenses come knocking, while your savings fall short, reaching out to a bank to seek personal loan can be a saviour. Choosing the right lender, therefore, is crucial to avoid high-interest rates that can make repayment burdensome and at times – unaffordable.
24.05 / 04:37
markets
economy
trends
performer
information
Market Cap of NSE-listed companies surges to $5 trillion from $4 trillion in just 6 months
₹416.57 lakh crore) on Thursday, coinciding with the Nifty 50 index reaching a record high of 22,993.60. Meanwhile, in morning deals today (Friday, May 24), Nifty crossed the 23,000 milestone, hitting a new high of 23004.05.According to a press release by the NSE, it took NSE-listed companies just 6 months to jump from $4 trillion to $5 trillion.
24.05 / 04:37
Career
travelers
AB De Villiers to replace Rahul Dravid as India head coach? Former Proteas player says ‘Anything is possible…'
Gautam Gambhir, former Australia coach Justin Langer, NCA chief VVS Laxman, Gujarat Titans coach Ashish Nehra, Chennai Super Kings coach Stephen Fleming and former Sri Lanka skipper Mahela Jayawardhane.Former South Africa batsman Ab de Villiers was recently asked if he would like to take on the role of India's next head coach, and the former Proteas player explained that there are some elements of the job that he would enjoy, while some others he wouldn't.In an interaction with News18, De Villiers said, "I absolutely have no idea. I do think I’ll enjoy coaching.
24.05 / 04:37
markets
IPO
Provident
security
Enterprise
wellness
recommendations
Awfis Space Solutions IPO Day 3: Check latest GMP, subscription status. Should you apply?
₹598.93 crore from the issue. The bidding for Awfis Space Solutions IPO commenced on May 22 and will conclude on May 27.Awfis Space Solutions is the largest flexible workspace solutions company in India as of 9MFY24 providing solutions to small and medium enterprises (SMEs), based on the total number of centers.Let us check Awfis Space Solutions IPO GMP today, subscription status and review.Awfis Space Solutions IPO GMP today, or grey market premium today, is ₹100 per share, as per stock market observers.
24.05 / 04:37
UPS
FIVE
Trade
Nifty 50 tops 23,000 mark for the first time, reverses gains quickly to trade in the red
₹4671 crores. The massive short-covering caused by this sudden change in FII trade contributed to the sharp rally," said V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services.Vijayakumar pointed out that the change in FII stance has been caused by the underperformance of the Hang Seng index, which has been down 4.1 per cent during the last five days."The outperformance of the Hang Seng had led to the 'sell India, buy China' trade during the last month.
24.05 / 04:37
Election
reports
Updates
Cyclone Remal update: West Bengal, Bangladesh on alert as severe cyclone to hit on May 26; heavy rains predicted
PTI that the Election Commission of India (ECI) has cautioned district administrations to implement all necessary precautions at polling stations due to the impending storm. Furthermore, the state Chief Electoral Officer, Ariz Aftab also conducted a meeting with superintendents of police and state disaster management officials to assess the situation and instructed them to take essential measures to avert any unfavorable circumstances, the agency reported.
24.05 / 04:37
Fighting
students
Universities
reports
gatherings
'She is scared, wants to come back': Kin of Indian student stuck in Kyrgyzstan
Violence in Bishkek: India, Pak issue advisory to students - crucial updatesParents of students from Madhya Pradesh studying in Kyrgyzstan have urged the Centre to ensure the safe return.Police in riot gear were deployed in part of Kyrgyzstan's capital overnight as large crowds gathered in anger over an alleged fight between local and foreign people, The Times of Central Asia reported.On May 18, India asked its students in Bishkek to stay indoors after fights were reported between some locals and foreigners.Earlier, External Affairs Minister S Jaishankar had advised Indian students to stay in regular touch with the Indian embassy.Why India and Pakistani students are being attacked in Kyrgyzstan? ExplainedMeanwhile, the Indian Embassy in Kyrgyzstan said it is working actively with the universities and senior government functionaries to address the concerns of the Indian students. Two helplines 0555710041 and 0555005538 have been functional 24x7 where students can continue to reach out to the Embassy for all kinds of assistance.Jaishankar monitors welfare of Indian students in Kyrgyzstan amid mob violence"The situation in and around Bishkek is normal and stable today.
24.05 / 04:23
UPS
Target
WhatsApp
Bill
information
Tata Power seeks up to $1 billion loan for clean energy projects
Tata Power Co. is planning to raise as much as $1 billion-equivalent for clean energy projects, in what could be the country’s largest local currency loan this year. The unit of Tata Group, one of India’s largest conglomerates, is in talks with lenders including State Bank of India, IndusInd Bank, Axis Bank and ICICI Bank for the loan, people familiar with the matter said, asking not to be identified as the information is private. India’s largest local currency loan so for this year was Assam Bio Refinery Pvt.’s deal of $365 million in February. If Tata Power’s planned borrowing finalizes with a size anywhere near $1 billion, it would take that title.
24.05 / 04:23
UPS
Waters
Fighting
Election
country
gatherings
NOT
INDIA bloc's Ujjwal Singh says under BJP, Allahabad lost importance, local woes not addressed
Allahabad at Uttar Pradesh's border with Madhya Pradesh. Scores of villagers, including women and children, have gathered outside Khoota village under a tent. Soon, a convoy of SUVs arrives with workers of the Samajwadi Party and the Congress led by INDIA bloc candidate Ujjwal Raman Singh. Singh alights from his Toyota Fortuner and exchanges pleasantries with villagers and local party workers before taking the microphone to address the crowd. «What do the farmers want? Electricity, tubewell, and lift canal so that they get water for their crops. The BJP keeps boasting of its double-engine government and does nothing on the ground,» Singh said, adding that the local MP, the state's CM and the country's PM are all from the BJP yet the party has failed to ensure the welfare of the people of the constituency. «Bhartiya Janata Party ke logan ki neeti aur niyat saaf naahi ba (The BJP people do not have a clear policy and intention),» Singh said in the local 'Ilahabadi' dialect.
24.05 / 04:23
markets
UPS
Manufacturing
Election
wellness
country
Schools
Why Mark Mobius will be looking at largecaps going forward
Mark Mobius, Chairman, Mobius Emerging Opportunities Fund, says in India, he is going to be looking at largecaps going forward because some of these largecaps have lagged behind the smallcaps. Incredible growth has been seen in the mid and smallcaps and now it is time for some of these largecaps to catch up. The whole infrastructure sector is particularly interesting and in the power sector, hydro power should not be forgotten. NHPC could be making a very interesting entry into hydropower area. One of the most interesting aspects of these companies is that they are not only exposed to growth in India, but also growth globally. What do you do about the valuations in the public sector entities because they have seen a massive re-rating in the last 12 months and in all certainty it seems like the current government is going to come back to power? Do you expect this momentum rally to continue or do you think the bulk of the rally and the value has already been tapped into? Mark Mobius: There is no question that there will be a correction.
24.05 / 04:23
UPS
Digital
economy
Election
wellness
country
reports
India's employment data: PM Modi's naukri numbers appraisal spars with Congress in election fray
India is nearing the end of weeks-long election battle in the world's largest democracy, job talks are taking center stage with the Prime Minister and Opposition making opposite claims. BJP, the ruling party, led by Prime Minister Narendra Modi, is talking up good signs in employment, but the opposition, especially Congress leader P. Chidambaram, isn't buying it, asking tough questions and stirring up the conversation. In a recent chat with The Economic Times, PM Modi, who is seeking to return to power for a third term, boasted about job growth in India. “Look at the indicators which prove the job generation. The returns filed by individual taxpayers more than doubled from 3.36 crore in 2013-14 to 8.18 crore in 2023-24,” Modi said. Also Read: Is India suffering from an unemployment issue? PM Modi says the country is generating jobs
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