India Financial News

Sensex closed at 73,917 points, or 1.6% lower than the highest level since April, when the election started coming into focus. Now, the thing to remember is that the parts can behave differently from the whole. And that seems to be happening with the stock market as well.

income tax (I-T) returns is approaching fast, taxpayers must be scouting for documents, forms and necessary information to be able to file their tax return as soon as they can. Before filing your tax return, make sure that you have linked your aadhaar with your PAN.

BJP has «not just today but never» acted against them. He, however, made it clear that he is not ready to accept anyone as "special citizens". The comments in an interview to PTI Videos late Sunday is Modi's most unequivocal on minorities amid an outcry from the opposition that his election speeches are communally divisive and polarising.

ET Make in India SME Regional Summit will on May 25 enter the second city in this year’s edition. Lucknow, the city of nawabs and famous for its handicrafts, will host small businesses, industry leaders and entrepreneurs in an engaging summit conducted by the Economictimes.com.

elections has commenced in six states and two Union Territories. On Monday morning, several celebs were seen queuing up to cast their vote. Many A-listers travelled to the polling booth in the early morning. Many of them showed off their inked fingers to the paparazzi after casting their vote.

Mutual fund advisors believe that 2024 is going to be the year of hybrid funds. Because of the uncertainties regarding the global economy and ever rising Indian stock market, advisors have been advising investors to move cautiously. In such a scenario they believe that investing in hybrid mutual funds — schemes that invest in equity and debt — may serve investors, especially new and inexperienced investors, better. Conservative hybrid mutual funds are the entry to the world of hybrid funds. These schemes invest mostly in debt and a small percent in equity. As per the Sebi norms, conservative hybrid schemes must invest 75-90% in debt instruments and 10-25% in stocks. These schemes are ideal for investors looking to invest a small part of their corpus in equity to earn some extra returns.

India Meteorological Department (IMD) has forecast the formation of a low-pressure area over the Southwest Bay of Bengal around May 22nd. This system is expected to move northeastwards initially and intensify into a depression over the central Bay of Bengal by approximately May 24th. Similarly, private weather forecaster Skymet predicts that a low-pressure area will develop over the Southwest Bay of Bengal within the next 2-3 days. It is anticipated to move northeastward and strengthen into a depression or deep depression.

In 2018, Chad McGehee opened Side Hustle Brews and Spirits, an Abu Dhabi-branded brewery and distillery with funky camels on its cans and playful names familiar to anyone living in the United Arab Emirates

₹1,650. The brokerage sees an upside of 47%, and recommends the stock from a long term perspective. Jeena Sikho Lifecare share price has shot up by almost 88% in 2024 thus far.

Cummins said, "It's pretty cool, it's awesome. We have won 6 out of 7 here, it has been great. I didn't know many guys coming into this season, but we have played great cricket and had some fun," Cummins said.

₹86,000 a kg mark. On the other hand, spot gold prices have risen about 16 per cent this year so far, trading near ₹73,000 per 10 gram mark. Indian stock market benchmark Nifty 50 is just 3.5 per cent up for the year.

mutual fund scheme, investors tend to view the historical returns and evaluate them on that basis. Here, we list out the top performing focused mutual funds which have managed to beat the benchmark index in the past 5 years. A benchmark index is a yardstick against which the performance of a mutual fund can be measured.

six Lok Sabha seats in Mumbai: Mumbai North, Mumbai North Central, Mumbai North West, Mumbai North East, Mumbai South, and Mumbai South Central. 'After casting his vote, RBI Governor Shaktikanta Das remarked, "It is a proud moment for every Indian to participate in an election involving 140 crore people.

Amit Shah held discussions on Lok Sabha elections with Hindustan Times' R Sukumar and Shashi Shekhar of Hindustan. Speaking on the lower voter turnout during the first four phases, Amit Shah mentioned that he was initially concerned after the first phase. However, by the time the third phase of voting began, "I discovered Opposition's voters were not showing up.

Tamil Nadu have experienced heavy to very heavy rainfall over the past few days. Similar conditions were observed in coastal Karnataka, Rayalaseema and coastal Andhra Pradesh & Yanam, according to India Meteorological Department. Numerous locations in Tamil Nadu, Puducherry & Karaikal, Kerala & Mahe, and south interior Karnataka reported thunderstorms. Thunderstorms also occurred sporadically in Telangana, Rayalaseema, Coastal Andhra Pradesh & Yanam, and coastal Karnataka and north interior Karnataka.

Reserve Bank of India carries out in its role as the government's merchant banker. The operation in question is a buyback of government bonds. But the stops and starts in executing the operation show the enormity of the task that the central bank faces in executing two of its mandates that are sometimes at odds with each other — the making of monetary policy and the management of the government's debt. Bhaskar Dutta explains the issue that has been capturing financial market headlines:

Gold prices climbed to a record high on Monday after U.S. economic data last week cemented bets that the Federal Reserve could cut interest rates twice this year. FUNDAMENTALS

Gujarat International Finance Tec-City (GIFT City) will soon take another step to resemble state-of-the art global finance centres as the hub is set to launch its own foreign currency settlement system, K Rajaraman, chairperson of the International Financial Services Centres Authority (IFSCA) told Bhaskar Dutta in an interview. He also listed out the latest steps being taken by the IFSC Authority to «onshore what is offshore». Edited excerpts: Markets have been telling us about the development of an international-style instant foreign exchange settlement system in GIFT City. What is happening on the ground?

The classic approach to a presidential election in the US, partly led by its system of primary polls to pick candidates, is to first rouse one’s party base on the left or right and then pivot to the centre, since victory is about swinging votes across from the other side. Mild versions of it are visible in the White House race, though more in Joe Biden’s campaign than in Donald Trump’s.

Also Read: ONGC, ITC, NTPC, Sun Pharma, Nykaa among companies to declare earnings this week Meanwhile, the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain shut on Monday, May 20 because of the fifth phase of Lok Sabha elections 2024. Due to the general elections voting, trading in derivatives, equities, SLBs, and currency derivatives, along with interest rate derivatives, will remain closed today. The list of companies to declare their Q4 results today, May 20 includes ONGC, Indian Railway Finance Corporation (IRFC), Bharat Electronics (BEL), Oil India, SAIL, Triveni Engineering & Industries, Chemplast Sanmar, India Cements, KRBL, Nesco, Rolex Rings, VRL Logistics, Deepak Nitrite, Whirlpool of India, City Union Bank, Redtape, Power Mech Projects, etc.

Hardeep Puri said, "In today's day, the fact that needs to be reiterated is that there are 1 crore people riding on the metro every day, and out of the 1 crore people, 73 lakh are the ridership of the capital region of Delhi." "Today, even though the population of the city is expanding massively, it is still easy to get from one part of the city to the other within a reasonable period of time. More people are taking to urban transport," he said.