India Financial News

Sunita Kejriwal will join active politics, the Delhi chief minister said, “When I was arrested, she worked like a bridge between me and the people of Delhi... that was a temporary thing. She has no interest in participating in active politics.

tax bracket. In addition to pay, arrears may involve other sources of income.

MUMBAI:In a significant setback to Gift City's ambitions of becoming a global financial hub, the much-anticipated merger between the two international exchanges located there, NSE IX and India INX, has been called off, according to two persons aware of the development.India INX is a subsidiary of BSE Ltd, while NSE IX is led by the National Stock Exchange Ltd.The merger was expected to enhance trading volumes and attract international investors to Gujarat's Gift City, where the average daily turnover on international exchanges runs into billions of dollars.The talks were called off by the BSE because discussions, on since 2022, had failed to make any headway, said one of the persons cited above.A BSE spokesperson confirmed that the merger talks are "off the table" but declined to comment on the reasons for the decision. Attempts to reach a spokesperson of the National Stock Exchange (NSE) were unsuccessful."The merger was driven by the IFSCA's objective of making Gift City a global financial centre rivalling the likes of Singapore, Hong Kong, Luxembourg, and Dubai.

Shah Rukh Khan was admitted to the multi-speciality KD Hospital on Wednesday after he suffered a heat stroke. He was in Ahmedabad on Tuesday to attend an Indian Premier League (IPL) match of his Kolkata Knight Riders (KKR) team at the Narendra Modi Stadium.SRK's wife Gauri Khan and close friend Juhi Chawla along with her husband Jay Mehta had rushed to the hospital upon hearing about SRK's health.

India's peak power demand hit the season's high of 235.06 GW on Wednesday mainly due to excessive use of cooling appliances like air conditioners and coolers amid severe heat waves in most parts of the country. According to the power ministry data, the peak power demand met or the highest supply in the day is recorded at 235.06 GW on Wednesday, which is the maximum so far in the summer season this year. The all-time high peak power demand of 243.27 GW was recorded in September 2023. The record is expected to be broken during this summer season. Earlier this month, the power ministry projected a peak power demand of 235 GW during daytime and 225 GW during evening hours for May and 240 GW during daytime and 235 GW during evening hours for June 2024.

growth in the last four months, India’s engineering exports declined in April 2024 by 3.2% to US$8.67 billion primarily due to lower shipments of metals, especially iron & steel and copper. Lower shipment of steel was mainly witnessed in Italy, Nepal, UAE, Netherlands, USA, China, and South Korea among others. Excluding the export of iron and steel, engineering exports recorded a growth of 2.61% during April 2024. A substantial 36.41% decline in exports of Iron and Steel therefore was the single most important reason behind the year-on-year decline in overall engineering exports during April 2024.

Congress chief Sonia Gandhi Thursday said these are very important elections to save democracy and the Constitution, and urged the people here to play their part in this fight and make INDIA bloc candidates victorious on all seven seats. In a video statement, the Congress parliamentary party chief also asserted this Lok Sabha election is being fought on issues such as unemployment, inflation and attack on constitutional institutions. Click here to participate in our Lok Sabha Elections Survey to gauge the mood of the nation «This is a very important election. This election is an election to save the democracy and Constitution of the country. This election is being fought on issues like unemployment, inflation and attack on constitutional institutions. You have to play your part in this fight,» Gandhi told the people of Delhi in her message.

Jaya Badiga, a certified family law specialist, has been appointed as a Judge in the Sacramento County Superior Court in the US state of California. Gavin Newsom, the Governor of California, made the appointment of Badiga, who has earlier served as a Commissioner at the Sacramento County Superior Court since 2022. Badiga, born in Vijayawada city of Andhra Pradesh, fills the vacancy created by the retirement of Judge Robert S. Lapham. Badiga, a member of the Democrat Party, also served as an Attorney at the California Department of Health Care Services in 2020 and at the California Governor's Office of Emergency Services in 2018.

Often, I am asked by promoters why they are being asked to explain everything to shareholders, despite owning a majority of the company’s equity and having built it from scratch to scale. I have worked most of my professional life with Indian promoters, and I find that their ability to take investment decisions on a long-term view of a business or industry cycle is unparalleled.

Indian Premier League 2024 is nearing its conclusion with just two matches—a playoff and a final—left for the season. On 24 May, the second qualifier between Sunrisers Hyderabad and Rajasthan Royal will decide which team will play in the final with Kolkata Knight Riders on Sunday.The 2024 IPL season saw a host of captaincy changes by franchises, including the five-time trophy winners Mumbai Indians and Chennai Super Kings.

News18 on the river Ganga, PM Modi commented that he felt he was not 'born biologically' but one 'sent by God'. The remark quickly went viral as India continued to vote for the Lok Sabha Elections 2024.Prime Minister Modi was being interviewed in Varanasi, his Lok Sabha Constituency, where the PM said, “Pehle jab tak maa zinda thi mujhe lagta tha ki shayad biologically mujhe janam diya gaya hai.

Also Read: How to calculate income tax benefits on home loan EMIs — explainedBelow is a summary of their effects along with some crucial points to remember:Higher EMIs: To start with, high interest rates present a double-edged sword for borrowers of home loans. One major challenge is the higher equated monthly payment (EMI). The EMI takes up a larger portion of your pay, leaving you with less money for other needs and discretionary purchases.

AIIMS-Rishikesh on Tuesday for allegedly molesting a female doctor at the premier health facility.The accused, identified as Satish Kumar, allegedly molested the doctor on the hospital premises on Sunday evening, news agency PTI reported. "He also sent an obscene SMS to her," Rishikesh Kotwali SHO Shankar Singh Bisht was quoted as saying."The accused nursing officer was arrested on Tuesday evening," the police officer said.ALSO READ: In a first, AIIMS Rishikesh transports anti-TB drugs to Tehri Garhwal via droneThe video, widely circulating on social media, is said to have been recorded when police reached AIIM Rishikesh to arrest the accused.

Demat account first. As you may already know, a Demat account is a dematerialised account that stores your securities in an electronic format. Furthermore, opening a Demat account is very simple these days, and you can do it from the comfort of your home, or even on the go.

₹263 crore income tax refund fraud and money laundering case. The accused, Purshottam Chavan, was arrested on May 20 following a raid on his premises in Mumbai.

NDTV quoted police officials as saying.This suggests that the foreseeable disaster could have been prevented if prompt action was taken on time. This incident has alerted authorities in various cities across India, including Mumbai, Noida and Chennai to crackdown other outsized and illegal hoardings.The absconding director of the advertising firm that had installed the billboard was arrested from Udaipur in Rajasthan after being on the run for 72 hours.

₹2.11 lakh crore dividend from the Reserve Bank of India, announced yesterday, is anticipated to aid the government in managing the fiscal deficit. This a surprise for the market as the market was projecting a 1 lakh crore dividend.Furthermore, investors have now become more optimistic about a decisive victory for the BJP in the ongoing general elections.

Amit Shah on Thursday claimed that in the first five rounds of polling, «BJP has crossed 310» and that Congress Party is «not even getting 40 seats» this time. «INDI alliance has been wiped out in the first five phases. I am telling you, this time Congress is not even getting 40 seats and Akhilesh Yadav will not even get four seats,» said Shah addressing a poll meeting in Siddharthnagar in support of Domariyaganj BJP candidate Jagdambika Pal. He said that the PoK (Pakistan-occupied Kashmir) is a part of INDIA and the BJP will take it back. «Leaders of Pakistan say that PoK is theirs. Congress leaders also say that they (Pakistan) have an atom bomb. BJP people are not scared of atom bombs. PoK is and will remain part of India and we will take it back,» he said.

Kaamya Karthikeyan successfully summited Mt. Everest, becoming the youngest Indian mountaineer to scale the world's highest peak from the Nepal side, the Indian Navy said on Thursday. The daughter of a naval officer, Kaamya is a class 12 student at Navy Children School, Mumbai. Kaamya and her father Cdr S Karthikeyan successfully summited Mt. Everest (8,849 m) on May 20, according to a statement issued by a Navy spokesperson. «After this feat, she has become the second youngest girl in the world, and the youngest Indian mountaineer to summit the world's highest peak from the Nepal side,» the statement said.

Election Commission of India's opposition to a plea for public disclosure of Form 17C, senior advocate and Rajya Sabha MP Kapil Sibal on Thursday questioned the hesitation of the apex poll body in releasing vote-related data on its website. «The ECI has filed an affidavit in the Supreme Court stating it has no legal mandate to upload Form 17 which is a record of votes polled at a polling station. Form 17 is signed by Presiding Officer and given to Polling Agent at the end of polling. The information is also directly sent to ECI. Now why does the ECI not put that data on website? What is their hesitation or problem?» Sibal said while addressing a press conference. «What can happen in the process is the number of votes that are counted would in fact be more than the number of votes that are polled. We don't know what's correct? But what is the hesitation of the ECI to put that data on record, on its website. Nobody can morph it,» he added.

Chhattisgarh Chief Minister Vishnu Deo Sai on Thursday hailed the Calcutta High Court's decision to scrap the OBC status of several classes in West Bengal, calling it a slap in the face of those indulged in appeasement politics through «religion-based» quota. The HC on Wednesday struck down the OBC (Other Backward Class) status of several classes in Bengal, finding such reservations under a 2012 Act to vacancies in services and posts in the state illegal. It observed that the inclusion of 77 classes of Muslims in the list of backward categories was to «treat them as vote bank». West Bengal Chief Minister and TMC supremo Mamata Banerjee has asserted that she will not accept the order and hinted that her government could challenge it in the Supreme Court. Asked about Banerjee's statement, Sai told reporters here, «We welcome the decision of Calcutta High Court over religion-based reservation. It is a slap in the face of those who practise vote bank and appeasement politics by giving religion-based reservation.»