India Financial News

Manipur chief minister N Biren Singh stated that out of 5457 illegal immigrants detected from Myanmar, biometric data of 5173 of them have been registered. Singh stated in X, “5457 illegal immigrants detected from Myanmar, biometric data of 5173 of them have been registered. The Government has detected a total of 5457 illegal immigrants in Kamjong District, Manipur as on May 7th, 2024. Out of the total, the biometric data of 5173 such illegal immigrants have been collected so far. Deportation process is underway. We have been giving humanitarian aides to all the illegal immigrants who were detected so far. Despite being an alarming situation, we have been handling it with utmost sensitivity.” Last week around 38 Myanmarese nationals were deported to their country from Manipur.

Democracy Perception Index revealed a striking sentiment among Indians, with nearly 75% expressing concern that global corporations pose a threat to democracy. As per the survey findings, after economic inequality and corruption, global corporations are viewed as the third most significant threat to democracy. The US also stands out as among the countries with the highest levels of the perceived threat from global corporations. India is also ranked top among countries fearing that big tech companies like Google, Amazon and Meta threaten democracy.

Arvinder Singh Lovely, who recently resigned from the Delhi Congress president's post, on Wednesday said he will rather quit politics instead of leaving the BJP that he has now joined. Lovely along with other senior Delhi Congress leaders, including former minister Raj Kumar Chauhan, Naseeb Singh and Amit Malik, joined the BJP last week. Previously, he had quit the Congress and joined the BJP along with Malik in April 2017. However, within a few months he switched back to the Congress in 2018. Since then he was in the Congress that he left over differences with the party leadership over choice of candidates for the Lok Sabha polls in Delhi.

Reserve Bank of India (RBI) has decided to lift restrictions on Bank of Baroda's Bob World app with immediate effect, the bank said in the exchange filing. The bank said, «We wish to inform that the RBI conveyed to the Bank its decision to lift the restrictions on Bob World with immediate effect, as such the bank is free to onboard customers through Bob World application in accordance with the applicable guidelines and extant laws /regulations.» «The Bank will now resume onboarding new customers in the Bob World application. The Bank remains committed to ensure adherence and compliance of regulatory guidelines,» the filing said.

gunning down B.C. Sikh temple leader Hardeep Singh Nijjar entered Canada using a study permit that he said took only days to obtain.In a video posted online in 2019, Karan Brar said he applied for a student visa through EthicWorks Immigration Services in Bathinda, in India’s Punjab state.“And in a few days I received my study visa,” he said.EthicWorks posted the promotional video on its Facebook page, along with a photo of Brar, whom the company said was from the city of Kotkapura, north of Bathinda.“Congratulations Karan Brar for Canada study visa,” the caption below the video read.

Blockchain data firm Chainalysis, has established a headquarters in Dubai for Southern Europe, Middle East, Central Asia, and Africa regions. The firm aims to deepen its support of the UAE’s global crypto hub push.

Nirmala Sitharaman on Wednesday lashed out at Congress leader Sam Pitroda for his 'racist' remark, saying it reveals the mindset and attitude of Rahul Gandhi's mentor. Pitroda, the head of the Indian Overseas Congress, had triggered a controversy on Wednesday with his «people of the east look like the Chinese and those of the south look like Africans» remarks. In a post on X, Sitharaman retorted saying, «I am from South India. I look Indian! My team has enthusiastic members from north east India. They look Indian! My colleagues from west India look Indian! »But, for the racist who is the mentor of @RahulGandhi we all look African, Chinese, Arab and the White! Thanks for revealing your mindset and your attitude. I.N.D.I alliance's shame!".

MUMBAI: The biennial election to four seats of the Maharashtra Legislative Council will be held on June 10, the Election Commission of India announced on Wednesday. Counting of votes will take place on June 13, an official release said here. The six-year tenure of the incumbent Members of Legislative Council (MLCs) will end on July 7. Of the seats going to polls, Mumbai teachers' and Mumbai graduates' constituencies are currently represented by Kapil Patil (Lok Bharati) and Vilas Potnis (Shiv Sena (UBT)).

IPL 2024: Cricket mania may be sweeping India over, but the biggest money-makers in the accompanying ad frenzy are not cricketers, but Bollywood superstars. When it comes to TV advertisements, those who seem to have the most firepower are, in fact, two of India's favourites for all seasons — B-Town big guns Shah Rukh Khan and Ajay Devgn. Laughing all the way to the bank with the fattest endorsement cheques is Shah Rukh Khan, who has emerged as the most prominent celebrity this IPL season, commanding a 12% share of ad volumes across the first 37 matches, as per data from TAM Sports. Following closely behind is Ajay Devgn, who secured a 7% share in the overall ad volume.

Democratic Progressive Azad Party chief and former Union Minister during the UPA govt, Ghulam Nabi Azad today heavily criticised Air India for flight cancellations and went on to say that it should be shut as its 'basic culture is bad". Azad said this after his Delhi-Srinagar Air India Express flight got cancelled. «I was supposed to leave in the morning. But I am now leaving on an IndiGo flight after sitting here for 3-4 hours...If the flights were cancelled, they should have informed us in the morning itself. Why did they fool everyone?...Air India should be shut...Air India's basic culture is bad, nothing will become of it,» Azad was quoted as saying by ANI.

Shares of Biocon Ltd.(up 4.06 per cent), Zydus Lifesciences Ltd.(up 2.53 per cent), Ipca Laboratories Ltd.(up 1.79 per cent), Laurus Labs Ltd.(up 1.09 per cent) and Aurobindo Pharma Ltd.(up 1.05 per cent) ended the day as top gainers in the pack.

JD(S) MP, Prajwal, fled to Germany after Karnataka State Commission for Women Nagalakshmi Chowdhary wrote to Chief Minister Siddaramaiah seeking an investigation into over obscene videos of Prajwal Revanna allegedly sexually abusing several women. He has also skipped summons issued by the SIT to appear before it.

₹27.4, while non-vegetarian thali became pricier by 3% to ₹56.3 a plate, rating agency Crisil said in its latest monthly report on Wednesday. Year-on-year, though, the cost of a vegetarian meal increased 8%, while that of non-vegetarian thali declined 4%. “Since November 2023, the prices of vegetarian and non-vegetarian thalis have been diverging.

₹7083 crore, but the drop in Ebitda was steeper at nearly 12% to ₹1,784 crore. DRL’s US sales dropped 2.2% sequentially, driven by lower Revlimid sales and price-erosion in a few other molecules. Some analysts reckon DRL’s US revenue from Revlimid, a key product, may well have peaked in FY24.

"Innovation, guided by a commitment to the environment and social responsibility, has the power to reshape our world. At CGI, corporate social responsibility isn't just a principle—it's integral to our identity. We urge our professionals to join us in addressing sustainability challenges through pro bono engagements, leveraging technology to create lasting solutions.

Zomato, provide localised, real-time information on key weather parameters such as temperature, humidity, wind speed, rainfall etc," he said. Currently available across 45 large cities, these weather stations will expand in other Indian cities “very soon". Goyal, in his post, said that the “rich data" from these weather stations hold significant potential in unlocking weather use cases for enterprises and research institutes.

'Neither against Muslims, nor Islam': PM Modi says ‘Muslim community should….’ The Congress party president Mallikarjun Kharge also slammed Modi over the remarks and said that the prime minister was in jittery after Phase 3 of Lok Sabha elections. "Times are changing. Friends are no longer friends.

Trivesh D., Chief Operating Officer at Tradejini, believes the 2024 general election outcome may not greatly influence the stock market in the short run. However, the long-term impact could be significant. He said if the election outcome is unexpected, it could cause market disruptions, which could be short-lived.

Heard of the Trash Isles? It’s a ‘country’ with over 100,000 citizens, with Judi Dench as its queen and Dwayne ‘The Rock’ Johnson as defence minister. This floating mass of trash clumped together and polluting the Pacific Ocean was declared an imagined country by an awareness campaign to focus attention on the ‘no man’s land’ that gets polluted by everyone’s waste but is taken care of by no one.

Tomorrow's IPL Match: Punjab Kings (PBKS) are set to take on Royal Challengers Bengaluru (RCB) on May 9 at the Himachal Pradesh Cricket Association Stadium in Dharamshala. Having won 4 out of 11 matches, PBKS currently occupies the 8th position on the points table. They have won 2 out of their last 5 matches.

Air India Express cancelled the its international and domestic flights after its senior crew member went on mass “sick leave", alleging “mismanagement" at the airline. “A section of our cabin crew has reported sick at the last minute, starting last night, resulting in flight delays and cancellations," Air India Express said in a statement.