India Financial News

Demand-supply mismatches could keep prices of pulses elevated until the new crop starts arriving in the market in October, putting further pressure on already high food inflation, say experts. Higher prices of pulses — tur, chana and urad — despite myriad measures to keep them under check have been a cause of concern for the government. In April, inflation in pulses was 16.8%, with tur at 31.4%, gram at 14.6% and urad at 14.3%. Pulses account for a 6% weight in the food basket and 2.4% in the overall consumer basket for inflation calculation. Food inflation accelerated to 8.7% in April from 8.5% the previous month.

Ethanol distilleries in the country are faced with high and rising stock of the biofuel amid a demand-supply imbalance that, they allege, is because state-run oil marketing companies (OMCs) are not buying sufficient quantities. Two executives at OMCs, however, said they are buying as much ethanol as is required to meet the target of blending 15% ethanol in petrol. «The stock at ethanol producers is rising as OMCs are unable to lift enough quantity,» said an ethanol industry executive who didn't want to be identified. «This could be due to limited storage capacity at OMCs' depots,» the person added. State-run oil marketing companies Indian Oil, Hindustan Petroleum, and Bharat Petroleum purchase ethanol from diverse producers to blend it with petrol at their depots before supplying the fuel to pumps. These companies did not respond to ET's request for comment until press time Sunday.

European Union about its proposed regulation that seeks to benchmark exporting countries as low or high risk basis deforestation levels. The EU's deforestation-free product regulation has implications for India's coffee, cocoa, soya, wood products, rubber and its products, and leather goods exports. The regulation requires firms to ensure that the product exported to the EU has been grown on land which has not been deforested after December 31, 2020. It prescribes fines up to 4% of a firm's annual turnover in the EU, confiscation of product and revenues gained from a transaction. The new rules will apply to large firms from December 2024 and small firms from June 2025.

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Ayodhya, for which this will be a historic Lok Sabha election being held after the inauguration of the Ram temple, caste and convenience matters are seen to be competing with the temple tide. BJP MP Lallu Singh is eyeing his third consecutive term from the seat, but it's the fielding of nine-time Dalit SP MLA from Sohawal and Milkipur constituencies Awadhesh Prasad, 78, which has made the contest a keen one with Dalits forming the largest singular voting bloc in the seat, likely to be aided by the prominent Muslim and Yadav population. However, the CPIM has also fielded Arvindsen Yadav, son of popular MP from Ayodhya, Mitrasen Yadav, who had represented CPI, SP and BSP in his three different tenures from the seat, and he could dent the SP's prospects. BSP has fielded Sacchidanand Pandey who could also complicate matters. PM Narendra Modi had held a roadshow here earlier this month. Talking about the entire population of the district, Faizabad, renamed as Ayodhya (but remains Faizabad Lok Sabha in EC registers) 'Ramrajya' is still many, many years away. One gets a sense of which direction the wind is blowing politically, depending on where one asks.

Yechury on Sunday wrote to the Election Commission alleging poll code violations by BJP leaders, and claimed more and more leaders of the saffron party are now «resorting to inciting hatred using anti-Muslim tropes». Yechury, in a post on X, shared a copy of his complaint to the EC, and said the poll panel must act immediately. «The ECI must act immediately. ECI cannot consciously remain silent which is tantamount to the betrayal of its constitutional mandate to conduct free and fair polls,» Yechury said. In his letter, he said the CPI(M) has filed a series of complaints against BJP leaders for Model Code of Conduct violation.

Piramal board for 25 years. He provided us with clear and transparent thinking, making interventions where needed and gently guiding us to make brave decisions. I was always amazed by his sharp memory.

Lok Sabha elections 2024: Voting for the fifth phase of the Lok Sabha elections 2024 will be held on May 20 (Monday). Total 49 seats across 6 states and 2 Union Territories will be covered in the fifth phase.

Lok Sabha elections 2024: Voting for the fifth phase of the Lok Sabha elections 2024 will be held on May 20 (Monday). Total 49 seats across 6 states and 2 Union Territories will be covered in the fifth phase.

Prime Minister Modi's 'Khata-khat' remark on INDIA bloc, Congress leader Rahul Gandhi said on Sunday that one woman from every poor family will get Rs 1 lakh per year which will be deposited into her bank account, 'Taka-tak, Taka-tak'. Addressing a joint rally with SP chief Akhilesh Yadav today, Rahul Gandhi said this election is the fight for the Constitution. "BJP-RSS are attacking this and I want to tell them that no power can tear apart the Constitution of Ambedkar and Mahatma Gandhi. Narendra Modi ji has made 22 people billionaires. All the benefits were given to these people only. But now we are going to make crores of people 'lakhpatis'. A list of all the poor in India will be made. 'Har gareeb parivar mein se ek mahila ko chunkar unke bank account mein 'taka-tak taka-tak' saal ke 1 lakh rupee daal diye jayenge. (One woman from every poor family will be selected and Rs 1 lakh per year will be deposited into her bank account)" Rahul said.

Indian Meteorological Department said on Sunday that heatwave conditions are likely to prevail in parts of Gujarat, including Ahmedabad and Gandhinagar, over the next five days, cautioning people against exposure to the sun. Isolated pockets in the districts of Saurashtra-Kutch, Banaskantha and Valsad experienced heatwave conditions on Sunday, the IMD said in its latest bulletin for Gujarat. A similar situation is likely to be seen in the districts of Saurashtra-Kutch as well as Ahmedabad, Gandhinagar, Anand, Banaskantha and Valsad till Friday morning, it said. These regions will witness a high temperature with an increased likelihood of heat illness symptoms in people exposed to sun or engaged in heavy work, the weather bureau said.

business strategies that involve imports of crucial raw materials and machinery from China. Last week, S Jaishankar obliquely questioned the patriotism of firms that source material from China that could be bought or manufactured locally. 'If peace and tranquillity in border areas are disturbed, would you do business with someone who has just barged into your drawing room and is trying to make a mess of your house fencing? It's common sense that if a country has gone back on written agreements and is doing something on our borders, how can we then say that the business world will continue as normal and other things won't,' the foreign minister said at the CII annual business summit in New Delhi last Friday. The timing of this statement is significant for two reasons. One, it comes just 17 days before EC is due to announce the results of the ongoing parliamentary elections that will lead to the formation of the next government. Two, China has just emerged as India's biggest trading partner surpassing the US, according to figures released by Global Trade Research Initiative (GTRI).

Passengers who were onboard the Kochi-bound Air India Express flight that made an emergency landing at Bengaluru airport on Saturday night recounted the panic situation when a fire was noticed in one of its engines. The majority of them reached the Cochin International Airport around Sunday noon on another flight arranged by the airline from Bengaluru. Sharing their experiences after landing at the airport here, the passengers said they were panic-stricken after noticing the fire a few minutes after taking off from Kempegowda International Airport (KIA) in Bengaluru. «Everyone got scared and cried loudly,» a woman, who is a senior citizen, told reporters at the airport.

Patanjali found itself under the scanner of regulatory bodies and Supreme Court in the context of dodgy advertising practices. Welcome as this development was, the ayurvedic major is hardly alone in stretching the truth when it comes to advertising. While regulatory authorities must ensure that advertising adheres to ethical standards and doesn't mislead consumers, such scrutiny should be applied across the board. Every label coming out from FMCG, nutraceutical, cosmetic, pharmaceutical and wellness sectors must be properly checked by regulators. In this context, Supreme Court rightly pulled up the Indian Medical Association (IMA) last week for not taking action against Patanjali on complaints for the company's alleged 'misleading' claims and 'disparaging' ads against the allopathic system of medicine. Regulatory bodies should ensure that consumer goods are not allowed to introduce or sell their products in the market where the consumer assumes that products match what they are sold as — and, more importantly, that they are not sold as what they are not, especially by making disparaging comparisons.

Ballia: A teacher of a private school here has been booked for allegedly thrashing a Class 10 student, leading to partial loss of hearing, the police said on Sunday. The incident took place on May 13 in the school located in Piprauli Barhagaon under the Ubhaon police station limits here during a mathematics period that the 14-year-old victim was attending, they added.

Delhi experienced scorching temperatures on Sunday, hitting a peak of 44.4 degrees Celsius, prompting the weather office to issue a 'red alert' due to severe heatwave conditions in the city. This marked the highest temperature recorded so far this summer, following a steady climb in temperatures over recent days. While Safdarjung recorded a high of 44.4 degrees Celsius, four degrees above normal, other areas of the city witnessed even more extreme conditions, with temperatures soaring above 47 degrees Celsius. Najafgarh recorded a high of 47.8 degrees Celsius, while Mungeshpur reached 47.7 degrees, Aya Nagar hit 46.4 degrees, Pusa saw 46.5 degrees, Pitampura recorded 47 degrees, and Palam registered 45.1 degrees. The India Meteorological Department (IMD) forecasted mainly clear skies with heatwave conditions prevailing in many parts of Delhi and severe heatwave conditions in others, accompanied by strong surface winds at speeds of 25-35 kmph on Monday.

BJP candidate several times, the Election Commission of India, Uttar Pradesh has directed the concerned District Election Officer to take prompt and effective action. «Cognizance of the circulating video has been taken. Concerned District Election Officer has been directed to take prompt and effective action,» said the poll panel in a post on X.

Lok Sabha elections 2024, 379 constituencies went to polls, and the rest are scheduled to vote in the subsequent three phases. "We have won. We have crossed 300," Tejashwi Yadav can been claiming in front on reporters ahead of the fifth phase of elections.

Lok Sabha elections 2024 will see a contest on several high-profile seats, with many national leaders in the fray. After dipping in the first three phases of elections, the voting percentage jumped in the fourth phase, and the Election Commission of India (ECI) will try to keep up with this trend. A total of 695 candidates will contest elections in the fifth phase of Lok Sabha elections on 49 constituencies across eight states.

Venue : Barsapara Cricket Stadium, Guwahati Rajasthan Royals squad - Dhruv Jurel, Kunal Singh Rathore, Shimron Hetmyer, Shubham Dubey, Yashasvi Jaiswal, Keshav Maharaj, Ravichandran Ashwin, Riyan Parag, Rovman Powell, Donovan Ferreira, Sanju Samson, Tom Kohler-Cadmore, Abid Mushtaq, Avesh Khan, Kuldeep Sen, Nandre Burger, Navdeep Saini, Sandeep Sharma, Tanush Kotian, Trent Boult, Yuzvendra Chahal Kolkata Knight Riders squad - Angkrish Raghuvanshi, Manish Pandey, Nitish Rana, Rinku Singh, Sherfane Rutherford, Shreyas Iyer, Andre Russell, Anukul Roy, Ramandeep Singh, Sunil Narine, Venkatesh Iyer, KS Bharat, Rahmanullah Gurbaz, Allah Ghazanfar, Chetan Sakariya, Dushmantha Chameera, Harshit Rana, Mitchell Starc, Sakib Hussain, Suyash Sharma, Vaibhav Arora, Varun Chakaravarthy Rajasthan Royals vs Kolkata Knight Riders Match Details Match 70 of Indian Premier League, 2024 between Rajasthan Royals and Kolkata Knight Riders to be held at Barsapara Cricket Stadium, Guwahati at 07:30 PM. Stay tuned for live updates.

₹15 crore, which he expects to achieve within the next five years. Guin began his career in software sales, but now works in a strategy role at a large telecom firm, which he transitioned to after earning an executive MBA at the Indian Institute of Management, Ahmedabad. He discovered the FIRE movement on social media in 2018, but his interest deepened during the covid pandemic in 2020.