India Financial News

Ladakh Lok Sabha constituency, the Congress on Sunday alleged that over the last 10 years, the union territory has been at the receiving end of the Modi government's «malicious and step-motherly treatment». Congress general secretary Jairam Ramesh said Ladakhis have been protesting in freezing temperatures over the lack of control over their land and water. «The protests have been ongoing for months, including all 8 tribes and over 30,000 people, coming together for hunger strikes and huge marches,» he said. The Modi government's only response has been continued silence and apathy, Ramesh claimed.

Congress leader Rahul Gandhi on Sunday said that the BJP is winning only one seat in Uttar Pradesh. «Have you heard (Prime Minister) Narendra Modi is winning only one BJP seat of Kyoto (Varanasi) in Uttar Pradesh,» said Gandhi while addressing a joint poll meeting with Samajwadi Party president Akhilesh Yadav in Prayagraj in support of INDIA bloc candidate Ujjawal Raman Singh. Prime Minister Narendra Modi had earlier said that he will turn Varanasi into Kyoto, a picturesque town in Japan. «The fight is to save the Constitution. The BJP and the RSS are attacking it, and I want to tell them that no power can tear and throw the Constitution away,» Gandhi said while waiving a copy of the Indian Constitution.

high-profile candidates, from ministers to actors, would test their luck in the hustings on Monday as seven Lok Sabha constituencies in the southern part of West Bengal go for polls in the fifth phase of the Lok Sabha elections. A total of 1,25,23,702 voters — 63,51,320 men, 61,72,034 women and 348 third-genders — are eligible to exercise their franchise in 13,481 polling stations across the seven constituencies. The EC has identified over 57 per cent of the polling booths as sensitive and decided to deploy over 60,000 central forces besides 29,172 state police personnel for this phase, according to an official. Reopening of closed industries, poor health of jute mills and demand for jobs are the main demands of the electorate in Howrah, Hooghly, Serampore and Barrackpore Lok Sabha constituencies, situated on both sides of the banks of River Hooghly.

Venue : Rajiv Gandhi International Stadium, Hyderabad Sunrisers Hyderabad squad - Abdul Samad, Anmolpreet Singh, Mayank Agarwal, Rahul Tripathi, Travis Head, Abhishek Sharma, Aiden Markram, Glenn Phillips, Marco Jansen, Nitish Kumar Reddy, Sanvir Singh, Shahbaz Ahmed, Washington Sundar, Heinrich Klaasen, Upendra Yadav, Akash Singh, Bhuvneshwar Kumar, Fazalhaq Farooqi, Jaydev Unadkat, Jhatavedh Subramanyan, Mayank Markande, Pat Cummins, T Natarajan, Umran Malik, Vijayakanth Viyaskanth Punjab Kings squad - Ashutosh Sharma, Atharva Taide, Harpreet Singh, Rilee Rossouw, Shashank Singh, Shikhar Dhawan, Shivam Singh, Vishwanath Singh, Chris Woakes, Harshal Patel, Rishi Dhawan, Sikandar Raza, Tanay Thyagarajan, Jitesh Sharma, Prabhsimran Singh, Arshdeep Singh, Harpreet Brar, Nathan Ellis, Prince Choudhary, Rahul Chahar, Vidwath Kaverappa Sunrisers Hyderabad vs Punjab Kings Match Details Match 69 of Indian Premier League, 2024 between Sunrisers Hyderabad and Punjab Kings to be held at Rajiv Gandhi International Stadium, Hyderabad at 03:30 PM. Stay tuned for live updates.

—Name withheld on request. I am assuming that you qualify as a non-resident (‘NR’) in India, as per the relevant income tax provisions, and also that you do not qualify as a deemed resident of India under the relevant income tax provisions. Units of mutual fund qualify as capital assets, and any gain or loss arising on account of transfer of such mutual fund units qualifies as a capital gain or loss for tax purposes.

Peeled to the core: Onion export bans distort markets “We received a request from MEA for export of non-basmati rice and onion to Mauritius and Qatar," the official said, who did not wish to be identified. "Although it recommended 24,000 tonnes of non-basmati rice to supply to Mauritius and 15,000 tonnes of onions over the next two months to Qatar, the committee decided to export 14,000 tonnes of non-basmati rice to Mauritius, and 7,500 tonnes of onions to Qatar through NCEL.

Stocks to buy or sell: GAIL to Ashok Leyland — Sumeet Bagadia recommends three stocks for May 21 The Lok Sabha elections in Maharashtra are structured across five phases, with the first four taking place on April 19, April 26, May 7, and May 13 respectively. The final phase is slated for May 20, followed by the tallying of votes on June 4. In light of the fifth phase of the general election, banks in Maharashtra will remain closed on May 20.

Amit Shah on Sunday asserted that Pakistan occupied Kashmir (PoK) belongs to India, and «we will take it back». Shah was addressing an election rally in Prayagraj to seek votes for BJP candidate Neeraj Tripathi. "Farooq Abdullah and Mani Shankar Aiyar say give respect to Pakistan because it has atom bomb...Rahul baba, today from the sacred land of Prayagraj I will say this PoK is ours, will remain ours, and we will take it back," he said while referring to Aiyar's atom bomb remark that has sparked a political row. In a purported video clip that has gone viral on social media, Aiyar was heard saying that India should give respect to Pakistan as it is a sovereign nation and engage with it as it also possesses the atom bomb.

Balangir, which had a glorious past of having the first x-ray machine as well as the printing press in Odisha, a transport system, and the facility of power generation through a generator, has significantly attracted the attention of several as a royal couple here is contesting Lok Sabha and Assembly elections. Patna State was a princely state in the Eastern States Agency of India during the British Raj. It had its capital at Balangir. Kanak Vardhan Singh Deo, who belongs to the erstwhile royal family of Patna (in Odisha's Balangir), is contesting the Assembly election from Patnagarh on a BJP ticket, while his wife Sangeeta Singh Deo has been fielded by the BJP from Balangir Lok Sabha, which is going to poll on May 20.

Harbhajan Singh believes Rajat Patidar changed the game for the Royal Challengers Bengaluru with his quick-fire knock against Chennai Super Kings in the ongoing Indian Premier League (IPL) 2024. RCB ended CSK's title defence by becoming the first team to qualify for the playoffs after having just one win in their first seven games of the season. In a rain-affected match, the duo of Virat Kohli and skipper Faf du Plessis forged a 78-run stand. Their partnership provided the base for RCB to put on a total which would help them reach the final four.

Mumbai: Bollywood actor Ayushmann Khurrana encouraged young voters to participate in large numbers for the Lok Sabha polls in Maharashtra. The Election Commission of India (ECI) enlisted Khurrana to encourage young voters to participate in large numbers in the upcoming elections. The ECI's initiative aims to maximise voter turnout and ensure citizens exercise their democratic right to vote in choosing their representatives.

Delhi's Sewa Nagar. The mercury has soared to 46 degrees Celsius and Mandal, 37, and her two children — the other aged four — are visibly sluggish. «It is very difficult to work in this heat. But I cannot skip work or I will lose income,» she said, adding the heat also takes a toll on her children. Wearing a checkered scarf to shield himself from the searing sun, Sanjay Verma, 49, zigzags across south Delhi for eight hours, delivering food.

A post shared by Pemba Sherpa (@pemba_explorer1999) Things didn't change much for her this year, as Ratre had to stay at Lhotse Camp, at 7,800 metres altitude, for four nights due to high wind. In addition, she had to stay for one night at Everest Camp 4 (above 8000 mt) before the final summit push, Jyoti Ratre's husband KK Ratre told Mint. “Her journey to become a mountain climber began during the Covid-19 pandemic.

NEW DELHI : With discounts on Russian crude oil dwindling, India, in a first such effort, has brought together state-owned and private oil refiners to jointly negotiate for higher discounts and better terms with Russian suppliers, including Russia’s largest oil company Rosneft PJSC. The government-led joint sourcing strategy involves leveraging India’s position as the world’s third-largest crude oil buyer to get better discounts on Russian oil, which have dropped to about $3 per barrel from a high of $10 earlier, said two people aware of the development. The calibrated strategy—involving Indian Oil Corp.

Weather updates: Heatwave grips northern India, IMD predicts rainfall in Kerala According to the IMD, North India, including several parts of Rajasthan, Punjab, Haryana, and Delhi will suffer from severe heatwave till May 21. The weather monitoring agency issued a red alert for severe heatwaves for west Rajasthan, and an orange alert was also issued for Punjab, Haryana, Delhi, East Rajasthan, Uttar Pradesh, Bihar, and Gujarat for the next three days. It has also issued a yellow alert for a heatwave-like condition for Madhya Pradesh, Jharkhand, Gangetic West Bengal, and Odisha till May 21.

₹1,959 crore was paid as visa fees for the 1.4 million US visitor and work visas processed across consulates in India in 2023. Additionally, the average waiting time for visitor visa appointments was 250 days. Passport strength is closely connected to the business environment, especially for the high-ranked countries.

financial independence of women is described by the term fiscal feminism and it is becoming popular in India. This term represents women’s freedom in terms of money, especially those who are mothers since they are defying traditional barriers and redefining their roles within the financial sector. India has experienced a significant growth of female investors over the last few years.

In 2023, India's financial landscape underwent some noteworthy changes, particularly in borrowing habits. The retail lending sector experienced substantial shifts, largely driven by the rising demand among young consumers and the expansion of credit to previously underserved areas. These developments are indicative of a broader trend in which consumers are diversifying their borrowing strategies to leverage emerging financial opportunities.

Sanjiv Puri, Chairman and Managing Director of ITC, has assumed office as the president of the Confederation of Indian Industry for 2024-25, the chamber said on Sunday. He takes over from R Dinesh, Chairman of TVS Supply Chain Solutions. Puri heads ITC Ltd, a conglomerate with businesses in FMCG, hotels, paperboards & packaging, agribusiness, and IT. He is also the Chairman of ITC Infotech India Ltd, its subsidiaries in the UK and US, and Surya Nepal Private Ltd.

Bank of Maharashtra recorded the highest growth rate last fiscal in terms of total business and deposit mobilisation among public sector lenders at a time when most banks are facing difficulty in achieving double-digit growth. The Pune-headquartered lender has registered a 15.94 per cent rise in the total business (domestic) in FY24, followed by the country's largest lender State Bank of India (SBI) with 13.12 per cent growth, according to published financial numbers of the public sector banks (PSBs). However, SBI's total business (deposit and advances) was about 16.7 times higher at Rs 79,52,784 crore compared to Rs 4,74,411 crore of Bank of Maharashtra (BoM) in absolute terms. Similarly, BoM continued to maintain its top spot in terms of growth in deposit mobilisation, with a 15.66 per cent rise in FY24. It was followed by SBI (11.07 per cent), Bank of India (11.05 per cent) and Canara Bank (10.98 per cent).

Kyrgyzstan Violence: Foreign students, including those from India and Pakistan, are facing threats from locals amid ongoing mob violence against international students in Bishkek, in Kyrgyzstan. India, on May 18, advised its students in Bishkek to stay indoors following reports of mob violence targeting international students, especially those from South Asia. The Indian embassy in Kyrgyzstan reported that the situation is currently "calm".