India Financial News

Indian Railway Finance Corporation shares, the multibagger railway stock, has rallied more than 17% in one week and over 22% in one month. The PSU stock has jumped over 74% year-to-date (YTD), while it has given multibagger returns of more than 411% in one year. IRFC shares are presently at around ₹173.20 levels.

Also Read: Market Special Session Close Highlights: Sensex, Nifty end higher; all sectoral indices gain In the first half of a special trading session on Saturday, the domestic benchmark indices finished on a flat note. The 30-share BSE Sensex closed at 73,959.63, up 42.60 points, or 0.06%. The NSE Nifty 50 increased to 22,481.90, a gain of 15.80 points, or 0.07%.

Reasons to buyReasons to avoid 2. LG 1.5 Ton 3 Star DUAL Inverter Window AC The LG 1.5 Ton 3 Star Wi-Fi DUAL Inverter Window AC is a worthy option if you’re after modern cooling technology. This AC features a Dual inverter compressor for efficient and quiet operation, along with Wi-Fi connectivity, and a 4-in-1 convertible cooling system for personalised comfort.

Swati Maliwal, said officials, adding that he was picked up from the chief minister's residence by a Delhi Police team around noon. “We've not received any information from the police yet.

Also Read: Go Digit IPO fully booked on the last day of bidding: Check subscription updates, GMP, other details The initiation of the refund process will start on Wednesday, May 22, for individuals not given shares. Those allotted will receive their shares in their demat accounts on Wednesday. Go Digit IPO listing date is scheduled for Thursday, May 23.

IDFC First Bank. The resolution approving the Scheme was passed by the requisite majority of the equity shareholders representing more than three‐fourth in value of the equity shareholders of the company, IDFC First said in a regulatory filing.

Supreme Court Collegium headed by Chief Justice of India (CJI) D Y Chandrachud has recommended to the Centre the names of two additional judges for appointment as permanent judges of the Gauhati High Court. The Collegium, also comprising Justices Sanjiv Khanna and B R Gavai, recommended that Justice Rajesh Sekhri be appointed as an additional judge of the Jammu & Kashmir and Ladakh High Court for a fresh term of one year with effect from July 29, 2024. "… the Collegium resolves to recommend that Justice Susmita Phukan Khaund and Justice Mitali Thakuria, additional judges, be appointed as permanent judges of the Gauhati High Court against the existing vacancies," said one of the Collegium resolutions uploaded on the apex court website. It noted that the Collegium of the Gauhati High Court had unanimously recommended on April 1 the names of these two judges for appointment as permanent judges.

inter-ministerial Indian delegation on the framework agreement on the India-Middle East-Europe Economic Corridor (IMEEC) has visited the UAE for the first time to hold discussions with the key entities there on cooperation for the empowerment and operation of the strategically vital project. The visit, which took place within three months of signing the Agreement, reflects the importance both governments attach to the IMEEC project, a press statement by the Embassy of India, Abu Dhabi said. The Corridor will provide effective alternate supply routes generating efficiencies and reducing costs. Both sides agreed to continue discussions for early implementation of the Agreement, it said. «India Middle East Europe Corridor (IMEEC) takes shape with the 1st visit of an Indian Inter-Ministerial Delegation to the UAE for the India-UAE Intergovernmental Framework Agreement on IMEEC. Amb @sunjaysudhir led the discussions with key UAE entities like @DPWorldUAE, @ADPortsGroup @CUSTOMSUAE,» the Indian mission posted on X.

India's structural reforms, Amitabh Kant, India’s G20 Sherpa and former Niti Aayog chief, said such reforms have moved the country from the fragile 5 to the top 5, leading to a growth rate of about 8.4% in the last 3 quarters. «Analysts are correct in saying that 30% of the global GDP growth will come from India between 2035-2040,» said Kant while addressing the CII Annual Business Summit 2024. Kant urged India Inc to work with the states to accelerate their development. He added that the government needs to collaborate with the states as we need to focus on building 12-13 champion states growing at 10-11% per annum.

Shares of IEX surged 9% in the last 3 trading sessions on reporting Q4 profit after tax (PAT) at Rs 95.1 crore. IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.

money robbed in a cyber attack and laundered are parked in cryptos, the idea of a 'designated official wallet' to hold and ring fence crypto currencies bought with the proceeds of crime has cropped up. Soon after a transaction by a scammer or the use of a mule account to purchase cryptos is tracked, the virtual digital assets (VDAs) can be moved to the proposed special account which would be under the control of a law enforcement agency (LEA).

Congress president Mallikarjun Kharge on Saturday accused Prime Minister Narendra Modi of inciting people and dividing society through his election speeches. Kharge was addressing a press conference of the INDIA bloc, where NCP (SP) chief Sharad Pawar, Shiv Sena (UBT) president Uddhav Thackeray and other leaders were present. The opposition alliance held an election rally in the city on Friday. «No prime minister before Modi has ever indulged in inciting people like he has been doing. He speaks about democracy repeatedly but doesn't adhere to the tenets of democracy,» Kharge said. Responding to a question on PM Modi' statement that the Congress will bulldoze the Ram mandir in Ayodhya and also restore Article 370 if the INDIA bloc is voted to power, Kharge said, «We have never used a bulldozer on anyone. Modi has the habit of lying and inciting people about things which Congress will never do or the things that are impossible to be implemented.»

Brij Bhushan Sharan Singh in the national capital, the situation is a far cry from that in Kaiserganj, where the former Wrestling Federation of India president is still viewed as a diety. «Hamare maalik, hamare bhagwan, mananiya saansad Brij Bhushan Sharan Singh ko janmdin ki shubhkamnayein’ — Nivedak, ‘saansad bhakt’ Samrat Gupta. (Heartfelt birthday wishes to our master, our god, honourable MP Brij Bhushan Sharan Singh — from a devotee, Samrat Gupta),» reads a poster in the Paska Bazaar area, according to a Times of India report. Singh stronghold A six-time Member of Parliament, 67-year-old Singh has been accused of sexual harassment by wrestlers following a long period of protest against him. Earlier this month, a Delhi court ordered that charges be levied against him, marking a big moment in the wrestlers' fight to be heard.

New Delhi: India is looking to fortify its imports of LNG, a crucial ingredient in industrial applications and partly in transportation, through long-term contracts with overseas exporters. This week, state-run Indian Oil Corporation Ltd signed a long-term contract with French energy giant TotalEnergies in France for supply of LNG (liquefied natural gas), two people aware of the development said. Under the contract, TotalEnergies would supply 1 million metric tonne per annum (mmtpa) of LNG to IOCL for a period of around 10 years.

Kyrgyzstan is a favored destination for education, particularly in the medical field, attracting numerous students from the Indian subcontinent, including India, Pakistan, and Bangladesh. As of April 2023, data from various medical universities in Kyrgyzstan shows that around 9,500 students are currently pursuing their studies there, a government report said as quoted by Hindustan Times. The Pakistan embassy mentioned that the situation intensified after videos of a fight between Kyrgyz and Egyptian students on May 13 went viral online on Friday.

₹1,800 crore) in 2025 from only $15.44 million in 2017, registering a growth rate of 39.79%. UNLOCK CONVENIENCE At their core, smart locks do not enhance security compared to mechanical locks, but they add a layer of convenience that in turn, leads to better access control and raises the security posture. Arindam Paul, chief business officer at Atomberg, an Indian company which manufacturers and retails smart locks, says, “Some people feel smart locks are safer than traditional locks as they can remotely monitor and track every entry and exit." Smart locks make it easy to get in and out without the need to juggle keys or have someone lock/unlock the door.

All About AI, Arundhati Bhattacharya, Chairperson and CEO of Salesforce India, dispels these fears and discusses how she is bridging the generation gap and making Salesforce a Great Place to Work. “When I came in, there were disparate groups—sales and distribution, technology and products, support and success. Each group had its leaders, but nobody was bringing them together to create one Salesforce vision and ensure that each group developed the Salesforce DNA," Arundhati reflects on the time she assumed the mantle in April 2020.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 18 Bank Nifty is likely to get support at 48,000, followed by 47,800. If the index advances, 48,300 would be the initial key resistance, followed by 48,500, analysts at Choice Broking said.

Rohit Sharma can be seen interacting freely with MI pacer Dhawal Kulkarni until he sees the cameraman. As soon as he sees the camera, Rohit pleads with the cameraman to turn off the sound of the last recorded conversation, making life difficult for him. Speaking to the cameraman in the social media video, Rohit said, "Bhai, audio band karo haan.

debit cards for payments has remained stagnant during the timeframe, RBI data showed. RBI’s latest decision to enable cash deposit facility through UPI at ATMs will only hasten the process of a complete switch from card-based transactions to fully mobile/ digital payments, according to top officials in digital payments infrastructure business. With this announcement, customers no longer have to carry their debit cards for depositing cash at the CDMs (cash deposit machines).

Mamata Banerjee accused the Central government of “lying" about granting citizenship to 14 people under the Citizenship (Amendment) Act, the Bharatiya Janata Party (BJP) president JP Nadda alleged that Mamata Banerjee has an “unstable mind". Banerjee had accused, “The BJP is publishing advertisements with false information. One such advertisement says migrant Hindu and Sikh communities can apply for citizenship under the CAA.