India Financial News

One of the reasons why our economy's growing is because of you and many others. Why? Because we welcome immigrants," Joe Biden said at a Washington fundraising event, adding, “Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic.

Also Read | CEO Tim Cook satisfied with Apple's 'strong double-digit growth' in India as company reports record revenues In the message, Pantoja warned, "Your first and only warning: do not try to poach my employees or you will have no employees yourself," ending the note with a sarcastic "With much love," as quoted by NDTV. Also Read | Adani Enterprises share price dips over 1% after six arms get SEBI show-cause notices over Hindenburg report Opting for transparency, Schwanke chose not to censor the names involved, explaining that she felt "an unwarranted threat" did not merit privacy.

IPL 2024 MI vs KKR: Toss fixing allegations surface again, netizens say ‘Faf Du Plessis exposed it’ Five-time IPL champions Mumbai Indians have three more matches to prove their mettle against Sunrisers Hyderabad, Kolkata Knight Riders and Lucknow Super Giants. Mumbai Indians, who have lost four in a row, must win all their remaining three fixtures to secure a berth in the qualifiers.

investors seeking The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty Bank TRI subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

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Who won yesterday IPL match? Top highlights of last night's KKR vs MI match During the toss on Friday, Hardik Pandya tossed the coin while the match referee Pankaj Dharmane picked it up before the cameraman could get a good look at the outcome. With the umpire ruling in favour of skipper Hardik Pandya, social media users started suggesting that the toss might have been rigged.

Because we welcome immigrants," Joe Biden said at a Washington fundraising event, adding, “Why is China stalling so badly economically, why is Japan having trouble, why is Russia, why is India, because they're xenophobic. They don't want immigrants. Immigrants are what makes us strong," Joe Biden said.

Stock market outlook: After climbing to a new peak in the week gone by, frontline indices of the Indian stock market failed to sustain at higher levels, and they witnessed heavy correction immediately after touching the new peaks. This might have put doubts into the minds of stock investors about whether the Indian stock market has topped out and whether bears are ready to take centre stage in the subsequent few sessions. According to stock market experts, in the post-COVID period, Indian markets are witnessing three bull and bear markets.

₹1 lakh to ₹10,000, experts believe that bonds have become a more attractive investment tool for retail investors. SEBI's move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up.

Groww said, "The Groww Nifty Non-Cyclical Index fund is India’s first index fund, which enables people to invest in the top stocks from consumer industries such as FMCG, Textiles, etc., These companies manufacture items we need in our daily lives and tend to be slightly more insulated from economic cycles and therefore are seen as non-cyclical sectors." Investors can invest under the scheme with a minimum investment of ₹500 per plan/ option and in multiples of Re 1. There is no upper limit for investment. Under normal circumstances, the asset allocation (% of net assets) of the scheme’s portfolio will be as follows: Debt and Money Market Instruments: The scheme will invest in debt and money market instruments.

The circular emphasizes that you, as an individual, have the freedom to choose any of the three CRAs for opening and maintaining your Atal Pension Yojana account. Even existing APY account holders have the option to switch their CRA. This is because CRA portability is allowed for both existing and new APY account holders, giving you the power to manage your pension account at your convenience. The PFRDA circular also mentions the charges the three CRAs can levy on the APY account holder for opening and maintaining the pension account.

Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Friday that it would cut its workforce by about 20%, as part of a restructuring plan for the current year. As of December last year, the company had nearly 800 full-time employees in the U.S., Germany, Sweden, India and China.

mid-sized companies employ a large chunk of the workforce and some of them proactively create a good working environment for their teams. A list released by LinkedIn recently on top workplaces to grow careers in India addresses this issue by naming 15 best mid-sized companies. This would help professionals who prefer to work in smaller organisations because of their inherent advantages. The list was drawn up based on the activity of millions of people on LinkedIn. It also took into account eight pillars that advance career progression — in-demand skills, ability to advance; skills growth; company stability; external opportunity; company affinity; gender diversity; educational background and employee presence in the country. It also looked at the in-demand skills, top locations and highest job opportunities at these companies, to help job seekers find their next opportunity.

Reserve Bank of India (RBI) has proposed to overhaul rules governing project lending to enable the flow of funds to infrastructure and, at the same time, ensure that the risk metrics are under control. It has stipulated minimum exposure of banks in consortium lending and prescribed norms to defile credit events. The regulator issued draft guidelines pertaining to the prudential framework for financing projects in the infrastructure, non-infrastructure and commercial real estate sectors. It said the guidelines lay down the regulatory dispensations regarding the date of commencement of commercial operations (DCCO) of such projects.

Indian Air Force (IAF) on Friday received delivery of the second of the 56 C295 aircraft, which are set to replace its ageing Avro-748 fleet, the officials said. In September 2021, India formalised the acquisition of 56 Airbus C295 aircraft to replace the legacy Avro fleet of the IAF at a cost of Rs 21,935 crore. In a statement, Airbus Defence and Space said that of the total 56 aircraft ordered by the Indian customer, 16 will be produced by Airbus in Seville, Spain.

Canada's New Democratic Party (NDP) leader Jagmeet Singh has again alleged an Indian government hand in the killing of India-designated terrorist Hardeep Singh Nijjar despite police personnel not giving any evidence of any link to India's involvement in the killing of Nijjar. Jagmeet Singh's NDP has supported the Liberal minority government led by Justin Trudeau in exchange for support on some key bills. After the Canadian Police announced the arrest of three accused in the killing of Hardep Nijjar, Jagmeet Singh claimed that there was an Indian hand in the same.

Who won yesterday IPL match? Top highlights of last night's KKR vs MI match In an interaction post MI's loss at the Wankhede stadium, Pandya said, “You keep fighting, that is what I tell myself, never leave the battlefield, tough days come but good also come here, it’s challenging but challenges make you better," Skipper Pandya also stated that regularly losing wickets and lack of partnerships were among the major reasons for his side's defeat at the hands of KKR. He said, "Obviously, we couldn't form partnerships and kept losing wickets.

NSE dividend, bonus shares: The National Stock Exchange (NSE) board has recommended issuing bonus shares in a 4:1 ratio. The board also recommended a ₹90 per share dividend to the eligible shareholders of the company. NSE informed the Indian stock market exchanges about these developments while declaring its Q4 results 2024 on Friday.

Bosch (Bosch family). In Sweden, the Wallenbergs control significant shareholding in its mega corporations like ABB, Volvo, Erickson, Electrolux and others, with their management left in professional hands. It is similar with other European businesses like H&M (Persson family).

India ranks below Pak at 159 among 180 countries in World Press Freedom Index Khan has lamented the sorry state of affairs in Pakistan where political leaders like him languish in jail and said all that is left for the powerful military leadership was to "murder" him. The powerful army, which has ruled Pakistan for more than half of its 75-plus years of existence, has wielded considerable power in matters of security and foreign policy.

women's leadership within India's Panchayati Raj system, saying, «India prides itself on a unique system of rural governance known as the Panchayati Raj--an emblem of decentralised power at the grassroots level.» Speaking at India's #CPD57 side event, «Localising the SDGs: Women in Local Governance in India Leads the Way,» Kamboj emphasised the transformative impact of women's empowerment at the grassroots level. «The Panchayati Raj is a sterling example of direct democracy that facilitates active participation from all residents of a Panchayat through the Gram Sabha,» Kamboj highlighted, underscoring the system's decentralised power structure. This unique aspect sets it apart from conventional municipal governance models found elsewhere in the world, making it a model for fostering inclusive decision-making processes.