India Financial News

acquisition of Reliance Capital’s life, general and health insurance businesses on condition it will not pledge shares of the companies, said people with knowledge of the matter. The Hinduja Group is yet to receive the approval of the Reserve Bank of India (RBI) and the Competition Commission of India (CCI) for the deal to be concluded, the people said. IRDAI gave its approval on Friday evening, adding that “the shares of the insurer shall not be pledged or encumbered” without the regulator’s approval, according to one of the persons cited.

massive outflows by foreign investors and the significant rise in the market's volatility index. Majority of the analysts say that weak sentiments will likely continue till the election results in the absence of any major positive triggers. In the third week of May, investors will keenly eye the ongoing the January-March quarter results for fiscal 2023-24 (Q4FY24), domestic and global macroeconomic data, foreign fund outflows, crude oil prices, and global cues.

Arvind Kejriwal's bail plea. Arvind Kejriwal, who was lodged in Tihar jail in connection with Delhi Excise policy 'scam' case, was released on interim bail on Friday, May 10. The Supreme Court had granted him bail till June 1, allowing him to campaign for the Lok Sabha Elections 2024.

₹0.37, reflecting a sharp decline of 98.26% year-over-year. In terms of stock performance, Sapphire Foods India delivered -2.85% return in the last week, 5.39% return over the last 6 months, and a negative return of -3.67% year-to-date.

₹21.69, marking an 87.46% year-on-year increase. Market performance metrics for ABB India include a 4.53% return in the last week, 62.05% return in the last 6 months, and 49.42% year-to-date return.

Kolkata Knight Riders clinched a spot in the IPL playoffs after securing an 18-run victory against Mumbai Indians in a rain-affected match on Saturday. With the game reduced to 16 overs per side due to rain delay, KKR batted first and posted a total of 157/7. Venkatesh Iyer played a crucial innings, scoring 42 runs off 21 balls, providing impetus to KKR's innings. Despite a strained hamstring, Iyer's aggressive approach lifted KKR after a shaky start. Nitish Rana, returning after missing 11 matches due to injury, contributed with a quickfire 33 off 23 balls before being run out. However, Mumbai Indians fought back strongly with leg-spinner Piyush Chawla claiming two crucial wickets, including Iyer and Andre Russell. Jasprit Bumrah also bowled well for MI, finishing with figures of 2/39 from his four overs, including the dismissal of Rinku Singh for 20 runs off 12 balls. Despite a challenging pitch, KKR struggled initially, losing openers Phil Salt and Sunil Narine early in the innings.

ALSO READ: Northern Lights visible in India? Aurora borealis may glitter tonight in this state "We were fortunate to witness Aurora activities on our all-sky camera during regular telescope observations," Stanzin Norla, an engineer at the Hanle Dark Sky Reserve, told PTI. Norla even shared images of the spectacular view on X and added that the skies turned red along the horizon and later turned to a pinkish hue. However, according to NOAA Space Weather Prediction Center, extreme geomagnetic storm continues and will persist through at least Sunday.

Dividend Stocks: Shares of several companies including Godrej Consumer Products, Tata Consultancy Services (TCS), Coforge, among several others will trade ex-dividend in the coming week starting from Monday, May 13. Along with these, some other stocks will also trade ex-split, ex-rights, and ex-bonus. Some companies have also announced other corporate actions including E.G.M, according to data on the BSE.

Hindustan Aeronautics Limited (HAL), Maldives-based Sun Online reported. HAL had manufactured the helicopters donated by the Indian government to Maldives. ALSO READ: Maldives anti-India stance: It shouldn't have been done, says FM Moosa Zameer Indian soldiers were deployed in Hanimaadhoo, Kadhdhoo and Gan.

Arvind Kejriwal predicted the Bharatiya Janata Party's (BJP) loss in the Lok Sabha Elections 2024 and said the party will be "wiped out in Punjab and Delhi". While addressing the public during a roadshow in Delhi on Saturday, Kejriwal said that on June 4, PM Modi's government will not come to power, but instead, the INDIA bloc government, of which the Aam Aadmi Party (AAP) will be a part, will be formed. He added that everyone is saying the BJP is not getting the majority, "their seats are decreasing in Haryana, Rajasthan, Karnataka, Maharashtra, West Bengal, Bihar, and Uttar Pradesh".

The Staff Selection Commission will close the correction window for the application to the Combined Higher Secondary (10+2) Level Examination (CHSL) 2024 on Saturday. i.e. May 11.

Board of Control for Cricket in India (BCCI) is bringing new reforms, reported news agency ANI on Saturday. Though the official announcement is yet to be made by the BCCI on the domestic season 2024-25 dates, it will witness the new changes, subject to approval by BCCI's Apex Council. "The season will kick off with the Duleep Trophy tournament, featuring four teams selected by national selectors.

Kejriwal got interim bail to campaign for the Lok Sabha elections, the AAP convenor accused Prime Minister Narendra Modi of attempting to «crush» not only the opposition but also his own party's leadership to propagate the idea of «One Nation, One Leader». Addressing a press conference, which resembled an election rally with supporters crowding AAP headquarters on Deen Dayal Upadhyay Marg, Kejriwal said: «Why did you arrest Kejriwal? With this arrest you have given a message to the country — if I can arrest Kejriwal, I can arrest you also, I can arrest anyone.» He said the Prime Minister was on a very dangerous mission. «This mission is called 'One Nation One Leader'. He wants to finish all leaders through this. The entire opposition will be put behind bars and then he will finish the politics of BJP leaders,» he said, adding: «If they win the election, you take it in writing on an affidavit from me, Mamata didi will be behind bars, Uddhav Thackeray, Tejaswi Yadav, MK Stalin — everybody will be behind bars. I am here to beg from 140 crore — save my country, save my India from this dictatorship.»

New Delhi: In the wake of Congress leader Mani Shankar Aiyar's remarks that Pakistan should be treated with caution as it also has the atom bomb, Prime Minister Narendra Modi said on Saturday that Congress did not act against the neighbouring country due to the fear of losing its vote bank (read Muslims) in India. «Congress repeatedly tries to scare our country. They say tread cautiously, Pakistan has an atom bomb. These virtually dead people are killing the minds of the people too. Congress has this attitude- they talk about Pakistan's bomb when the situation there is such that it cannot handle the bomb. It is out to sell it and there are no buyers. People know the quality is worthless and doesn't sell. Due to this weak attitude of Congress the people of Kashmir faced terrorism for 60 years, and the country faced many terror attacks,» the prime minister said at a public meeting in Odisha. Campaigning in Odisha, Modi held election rallies in Kandhamal, Bolangir and Bargarh. He also addressed a rally in Chatra, Jharkhand.

Misa Bharti on Saturday said that Bharatiya Janata Party did not fulfill any of the poll promises it made in the past 10 years, adding that it also fooled the people of Bihar by making false promises. Speaking to ANI, Misa Bharti said, «They (NDA-BJP) have not fulfilled any of their promises in the past 10 years. They have fooled the people of Bihar by making false promises. Where are the 2 crore jobs that they promised? They are asking for one more chance but are not revealing their vision. On what basis are they asking for another chance? The people of the nation are witnessing all this and will answer this.» Misa Bharti further stated that the NDA alliance is not winning any seats in Bihar in the already concluded first three phases of the Lok Sabha polls.

Munger Lok Sabha seat is all set to test the popularity of chief minister Nitish Kumar among the OBCs, particularly his own caste Kurmi. Reason: Opposition RJD has fielded a strong OBC candidate here in Anita Devi, wife of convicted criminal Ashok Mahto. Mahto is a Kurmi and Devi a Dhanuk. Dhanuk and Kurmi are a socio-politically united combination. Now, out of the five assembly seats under the present Munger Lok Sabha seat, two — Barh and Mokama — were part of the erstwhile Barh Lok Sabha constituency represented by Nitish Kumar for five terms in the past.

ALSO READ: International Space Station now visible to naked eyes across India. Details here The super-Earth planet orbits its star at one-25th the distance between our solar system's innermost planet Mercury and the sun. The 55 Cancri e is among the few rocky planets outside our solar system with a significant atmosphere, wrapped a blanket of carbon dioxide and carbon monoxide.

ALSO READ: Mother's Day 2024: Ten financial tips for empowering mothers on this day, May 12 In Indian movies it can be often seen that mothers treat their children like best friends. Here are five Bollywood movies that children can watch with their moms on the Mother’s Day – Mimi, a 2021 Hindi language film directed by Laxman Utekar, was a remake of the 2011 Marathi film Mala Aai Vhhaychy! The film revolves around main character Mimi (played by Kriti Sanon), a surrogate mother. She carries the child of an American couple.

₹10,00,000. Sitharaman’s emphasis on employment opportunities to the students also comes in the context of opposition parties like Congress and AAP, among others, raising ‘unemployment’ as an issue in the ongoing national polls.

ALSO READ: Northern lights seen across Europe! Strongest solar storm in 20 years brings auroras. See spectacular photos Also known as the Northern Lights, the aurora borealis was visible from Ladakh at 34-36°N, an incredibly rare sight at such low latitudes.

half-way mark ( it got 31% of votes and 283 seats in 2014). But there is a catch there," Sanjay Jha said in a post on X. While elaborating on his point, Sanjay Jha pointed out that this time, the Opposition is not as fragmented as it was in 2014 and barring some exceptions, the BJP is facing one Opposition candidate on most Lok Sabha seats.