India Financial News

Dividend Stocks: Shares of several companies including State Bank of India (SBI), Vedanta Ltd, Trent, among several others will trade ex-dividend in the coming week starting from Monday, May 20. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus.

Narendra Modi Saturday kept up the attack on the INDIA alliance, saying that the manifesto of the INDIA bloc appears to be inspired by the Muslim League. The Opposition is playing a dangerous game, and they have mentioned in their manifesto that they will distribute government tenders based on religion.

ALSO READ: As India braces for a hot summer, beer makers have much to cheer The video has garnered over 2.6 million views and 53,506 likes. Taking to Instagram, @taphaus wrote, "Stop! You're pouring beer the wrong way! Let's dive into the art of beer pouring, because how you pour it can significantly affect its taste and aroma." A post shared by Tap Haus 33 (@taphaus) In the video, the man shows how to pour beer correctly. He first takes a beer can and pours it softly and slowly down the side of the glass.

Himanta Biswa Sarma on Saturday said grand temples would be built in Varanasi and Mathura and the Uniform Civil Code would be implemented if the NDA returns to power by winning over 400 Lok Sabha seats. He said the NDA, under the leadership of Prime Minister Narendra Modi, will ensure that Pakistan occupied Kashmir, which is an integral part of India, returns to the country. Addressing election rallies in Muzaffarpur and Siwan Lok Sabha seats, Sarma said, «We will implement UCC, build a temple on Krishna Janmabhoomi premises in Mathura and establish Kashi Vishwanath temple in place of Gyanvapi Mosque in Varanasi, besides ensuring that PoK returns to India, after winning over 400 seats.» Hitting out at the Congress and its allies, Sarma said, «Rahul Gandhi and Lalu Prasad did not attend the consecration of Ram Mandir. They want to send Ram Lalla back to the tent. We must not let this happen.»

Jalaun (UP): Ram Babu Nishad looks back to a time when locals would avoid even attending weddings in the night. «Pata nahi hota tha ghar sahi salamat lautenge ki nahi,» he says. Once infamous as a haven for dacoits and mafia, the BJP is banking on Uttar Pradesh Chief Minister Yogi Adityanath's law-and-order and development pitch to secure a third consecutive victory from the Jalaun Lok Sabha seat. The opposition, however, has been accusing the BJP of lying over its claims.

Indian spice-mix products of MDH and Everest on Friday due to quality issues, following in the footsteps of Hong Kong and Singapore. Nepal’s Department of Food Technology and Quality reported that the ban is due to the suspicion of ethylene oxide contamination. The banned spices include madras curry powder, sambhar mixed masala powder, mixed masala curry powder of MDH, and fish curry masala of Everest. The importers and traders are requested to recall these products from the Nepalese market. “As residue contents of ethylene oxide are found to be exceeding the prescribed limit in these four products, the import and sale of these products are banned within the country as per Article 19 of the Food Regulation 2027 B.S.,” Nepal's Department of Food Technology and Quality Control, in a notice said.

Food Safety and Standards Authority of India (FSSAI) has issued a stern warning to traders, fruit handlers, and Food Business Operators (FBOs) involved in ripening fruits. The advisory specifically targets those using calcium carbide for artificial ripening, especially during the mango season. This practice is strictly prohibited. FSSAI has urged the Food Safety Departments of States and Union Territories to be vigilant and take stringent action against those violating these regulations. The authority emphasised that using calcium carbide, a hazardous chemical, poses significant health risks and contravenes the Food Safety and Standards Act, 2006, along with its associated rules and regulations. By enforcing these measures, FSSAI aims to ensure the safety and health of consumers while maintaining the integrity of the fruit market.

National Company Law Tribunal (NCLT) has allowed IL&FS arm IL&FS Transportation Networks to offload its shares in Moradabad Bareilly Expressway to the Roadstar Infra Investment Trust (InvIT). The two-member bench, comprising Justice Prabhat Kumar and Justice V G Bisht, in an order approved the transfer of 3,21,40,691 equity shares, which represents the balance shareholding of 14.5 per cent held by IL&FS Transportation Networks in Moradabad Bareilly Expressway, to the Roadstar Infra Investment Trust. The proposed transaction was approved by the new board of IL&FS and the IL&FS Transportation Networks (ITNL) Board on October 6, 2023. The Union Bank of India has filed an affidavit in reply on April 26, 2024, conveying its no objection to the proposed sale.

Labour secretary Sumita Dawra Saturday said that most states have brought out draft rules under the new labour codes, ensuring there is harmonisation of standards for the industry to move from one state to another. She said the labor reforms have been put in place with an eye on ease of doing business, simplification, and reduction in compliance burden, decriminalization and seamless dispute resolution, promotion of labor market flexibility at the same time in harnessing female participation, leveraging technologies, and meeting the scale needs of the economy, whether at the national or international level. On employment opportunities, Dawra said:

Ruskin Bond, the iconic Indian author renowned for his captivating storytelling, celebrated his 90th birthday on Sunday. As he marks this milestone, Bond, known for his wit and wisdom, shared reflections on his life, writing, and the simple joys that have defined his journey. A Life Rooted in Literature Born to British parents in Kasauli in 1934, Bond's early years were marked by a deep connection with literature. His childhood, spent in various parts of India, including Shimla, New Delhi, and Dehradun, laid the foundation for his future as a prolific writer. Bond's literary journey began with his debut novel, «The Room on the Roof,» in 1956, which marked the beginning of a remarkable career that has spanned over six decades.

Top news of the day: On 18 May, a series of events are set to take place right from politics to business. Several foreign students, including those from Pakistan, are reportedly still facing threats from locals in Kyrgyzstan. Singapore is experiencing a new wave of COVID-19, as authorities recorded more than 25,900 cases from May 5 to 11.

Venue : M.Chinnaswamy Stadium, Bengaluru Royal Challengers Bengaluru squad - Faf du Plessis, Rajat Patidar, Saurav Chauhan, Suyash Prabhudessai, Virat Kohli, Cameron Green, Glenn Maxwell, Mahipal Lomror, Manoj Bhandage, Mayank Dagar, Swapnil Singh, Tom Curran, Anuj Rawat, Dinesh Karthik, Akash Deep, Alzarri Joseph, Himanshu Sharma, Karn Sharma, Lockie Ferguson, Mohammed Siraj, Rajan Kumar, Vijaykumar Vyshak, Yash Dayal Chennai Super Kings squad - Ajinkya Rahane, Ruturaj Gaikwad, Sameer Rizvi, Shaik Rasheed, Ajay Mandal, Daryl Mitchell, Mitchell Santner, Nishant Sindhu, Rachin Ravindra, Ravindra Jadeja, Shardul Thakur, Shivam Dube, Aravelly Avanish, MS Dhoni, Deepak Chahar, Maheesh Theekshana, Mukesh Choudhary, Prashant Solanki, Rajvardhan Hangargekar, Richard Gleeson, Simarjeet Singh, Tushar Deshpande Royal Challengers Bengaluru vs Chennai Super Kings Match Details Match 68 of Indian Premier League, 2024 between Royal Challengers Bengaluru and Chennai Super Kings to be held at M.Chinnaswamy Stadium, Bengaluru at 07:30 PM. Stay tuned for live updates.

Virat Kohli opened up on two figures who helped him during his initial career and recalled the two «heartbreaks» he experienced during his peak of batting form back in 2016. Virat, representing Royal Challengers Bengaluru (RCB) in the Indian Premier League (IPL) will be in action against Chennai Super Kings (CSK) on Saturday at Bengaluru. With RCB at seventh place with six wins, seven losses and 12 points and CSK in the fourth place with seven wins, six losses and 14 points, this match is a knockout match that will decide which team gets to join Kolkata Knight Riders (KKR), Rajasthan Royals (RR), Sunrisers Hyderabad (SRH) in the playoffs. Speaking to JioCinema along with former cricketer Suresh Raina, Virat revealed that back in 2008 during the Emerging Players tournament in Australia, the then-chief selector Dilip Vengasarkar and Raina pushed his name for the national side. That tournament used to hold a lot of value back then since a lot of great talent would use that as a platform for getting a regular national spot. It was held from 2005-2011.

shipping ministry is working to shift to an 80 per cent landlord model by the end of this decade to increase efficiency and reduce logistics costs at major ports, a senior government said on Saturday. In the landlord model, private players take over the operational aspects, while the port authority acts as a regulator and landlord. Speaking at CII Annual Business Summit 2024, Ports, Shipping and Waterways Secretary TK Ramachandran said Jawaharlal Nehru Port (JNPT) has become the first major port of the country to become 100 per cent landlord port, having all berths being operated on PPP model. The PPP (public-private partnership) model is considered an effective tool for attracting investment in the port sector.

India cannot have individual EV policies for every company, Amitabh Kant told on being asked why Tesla did not come to India after the CEO announced an India visit in April but cancelled it at the last moment. Kant says that India has drafted an EV policy and all the companies have to follow only that policy. India will not change its EV policy according to some specific companies. He said, «So the policy has been announced. You can't have policies for individual companies. The policy for EVs has been announced».

government has shown its desire to create a pool of domestic capital for new age businesses but it needs to increase financial support to the startup ecosystem, said Kunal Bahl, cofounder of Titan Capital and founder of Snapdeal said on Saturday. “One of the things that this government has done, which is tremendously good, is setting up the Fund of Funds…The Sidbi-sponsored Fund of Funds has now invested in 140 domestic funds. They started with Rs 10,000 crore; they now have Rs 15,000 crore because the value of investments of the funds that they've invested in have grown that much in that period,” said Bahl at the CII Annual Business Summit.

Indian Premier League (IPL) 2024 match between Royal Challengers Bengaluru (RCB) and Chennai Super Kings (CSK), but fans were relieved to see the sky holding up in Bengaluru. This match, held at the M Chinnaswamy Stadium, is the 68th fixture of IPL 2024 and is pivotal in deciding the fourth and final team to qualify for the playoffs. The Chinnaswamy Stadium is well-equipped with a good drainage system, so even if it rains, the game could still proceed after a break.

household savings getting invested in futures and options trade, Chief Economic Advisor V Anantha Nageswaran on Saturday said there is a need to reconsider sachetisation of F&O trade because it requires different financial literacy. Speaking at the CII's Annual Business Summit, 2024, Nageswaran said whenever financial sector development precedes national development the story hasn't ended well for other countries as well. «Asian crisis 1997-98 is a very important example,» he said.

rainfall is very likely to continue over south Peninsular India till May 23 with extremely heavy falls during May 19-21, according to the India Meteorological Department (IMD). Southwest Monsoon is very likely to advance into the South Andaman Sea, some parts of Southeast Bay of Bengal and Nicobar Islands around May 19, the IMD said. It further said that a cyclonic circulation lies over south interior Tamil Nadu and neighbourhood in low and mid-tropospheric levels. A trough runs from south Chhattisgarh to South Interior Karnataka and another trough runs from Marathwada to a cyclonic circulation over south interior Tamil Nadu in lower tropospheric levels.

Narendra Modi on Saturday said that enemies of the nation have to think 100 times before causing any harm as there is a dhaakad (powerful) government in the country. Referring to Pakistan, Prime Minister Modi at an election rally in Ambala said the neighbouring country, which used to trouble India for the past 70 years, is now roaming with a begging bowl in its hands due to the BJP's 'dhaakad' government at the Centre. «When there is a 'dhaakad' government in the country, enemies too think 100 times before doing anything. Pakistan had been troubling India for 70 years, it had bombs in its hands. Today it has 'bheekh ka katora' (begging bowl) in its hands. When there is a 'dhaakad' government, enemies tremble,» Prime Minister said.

Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said that the Pakistan-Occupied Jammu and Kashmir will become part of India within six months after Prime Minister Modi is re-elected for his third term. Addressing a rally here today, CM Yogi said that Pakistan is facing difficulties in saving PoJK. «In the last 10 years, we have seen a new India. Borders have been secured, terrorism and Naxalism have been curbed. When the Mumbai blasts took place, the Congress-led UPA government used to say that the terrorists were from across the border. So what was the use of your missile then?» he said.