India Financial News

AI). This application is designed for taxpayers who prefer mobile applications or who lack access to computers. On January 30, 2018, EZTax released its fully functional ITR filing mobile app, which, according to available statistics, was utilized by lakhs of users.

This significant achievement coincides with VSPAGY's milestone of five years in the industry, during which it has consistently elevated customer engagement and solidified its position as a groundbreaking Personalized Interactivity Platform trusted by over 75 leading enterprises across India. Launched by exchange4media, India’s largest publisher of online and print publications on advertising, media, and marketing, DigiOne are the only awards of its kind and reflect the tremendous growth of online media as a tool of business and everyday lives.

Shaksgam Valley to be our territory. We have never accepted the so-called China-Pakistan boundary agreement of 1963 through which Pakistan unlawfully attempted to cede the area to China." Randhir Jaiswal added. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Thursday that the Shaksgam valley is a part of India and New Delhi never accepted the so-called China-Pakistan boundary pact of 1963 through which Islamabad "unlawfully" attempted to cede the area to Beijing.

Sun Pharmaceutical Industries, Lupin Ltd , Dr Reddy's Laboratories Ltd , Aurobindo Pharma , Cipla Ltd , Torrent Pharmaceuticals , Zydus Lifesciences have seen their stock price rise 27-133% in a year . As most of these companies trade near 52-week highs, Lupin leads the gains with Multibagger return of 133% in a year.

Airtel Payments Bank CEO Anubrata Biswas is optimistic that the payments bank momentum in India will yield strong growth horizons and opportunities in the coming years, supported by financial inclusion imperatives and rapid pace of economic and digital growth. In an interview to PTI, Biswas said FY24 has been a «remarkable year» for Airtel Payments Bank, which has been growing in double digits across all key metrics such as users, revenue, and profits. «We are still closing the books (for the fiscal) but as we stand today, we are going to see high double-digit growth rates on revenue, profit and users continue,» he said. Airtel Payments Bank has nearly 500,000 banking points spread across the country, today.

Vadilal Industries Ltd.(up 6.16%), Future Consumer Ltd.(up 5.56%), Dabur India Ltd.(up 3.46%), Varun Beverages Ltd.(up 2.53%), Gillette India Ltd.(up 1.56%), Tasty Bite Eatables Ltd.(up 1.49%), Dodla Dairy Ltd.(up 1.38%), Bajaj Consumer Care Ltd.(up 1.33%), Jyothy Labs Ltd.(up 1.16%) and Godrej Consumer Products Ltd.(up 1.14%) stood among the top gainers.

USA Cricket has roped in Indian dairy brand Amul as the Lead Arm sponsor of its men's national cricket team for the ICC Men's T20 World Cup 2024. The announcement was made in the presence of the Consul General of India in the USA, Binaya R. Pradhan, Gujarat Cooperative Milk Marketing Federation (GCMMF) MD Jayen Mehta, and the USA cricket team at the Consulate General of India, New York. The ICC tournament will commence on June 1 with the opening match scheduled between USA and Canada in Dallas, TX. As co-hosts of this major ICC event, the USA will make its debut appearance in this global championship.

Shares of Persistent Systems Ltd.(up 1.17 per cent), Tata Consultancy Services Ltd.(up 1.12 per cent), Tech Mahindra Ltd.(up 0.27 per cent) and MphasiS Ltd.(up 0.2 per cent) ended the day as top gainers in the pack.

India is one of the «fastest-growing markets» for online accommodation hosting platform Airbnb and the country has the potential to be among its top 10 global markets in the coming years, according to its Chief Business Officer Dave Stephenson. The company is investing in India to tap the opportunity of a rapid rise in tourists travelling to foreign destinations as well as domestic places that are rapidly growing post-pandemic and where 90 per cent of its first-time bookers are Gen Zs. «It (India) is one of our growth markets and we see a huge opportunity for growth in India in the future. In India, nights booked grew by almost 30 per cent YoY (Year-on-Year) in 2023 compared to 2022, which is a positive sign,» Stephenson told PTI.

Shares of Ashok Leyland Ltd.(up 4.52 per cent), Bosch Ltd.(up 4.48 per cent), Bajaj Auto Ltd.(up 2.33 per cent), Tata Motors Ltd.(up 1.98 per cent) and Tata Motors Ltd.(up 1.59 per cent) ended the day as top gainers in the pack.

India has lodged a strong protest with China for carrying out construction activities in the Shaksgam valley, in an «illegal» attempt to alter the situation on the ground. Ministry of External Affairs (MEA) spokesperson Randhir Jaiswal said on Thursday that the Shaksgam valley is a part of India and New Delhi never accepted the so-called China-Pakistan boundary pact of 1963 through which Islamabad «unlawfully» attempted to cede the area to Beijing. «We have consistently conveyed our rejection of the same. We have registered our protest with the Chinese side against illegal attempts to alter facts on the ground,» Jaiswal said at his weekly media briefing. «We further reserve the right to take necessary measures to safeguard our interests,» he said.

Companies are making a big mistake. Many recruiters in India are nudging their human resource (HR) teams to show a preference for hiring women at the junior-most levels, be it candidates looking for jobs on college campuses or those with barely a few months of work experience. This is a quick-fix hiring bias that will not help a company meet its gender-diversity target in the long run.

Mint takes a closer look at these revelations and their effect on India. Earlier this week the Washington Post published a report providing new details on the Pannun assassination attempt in 2023. Citing unnamed security officials, the report said Vikram Yadav, a RAW official, was responsible for handling the operation to assassinate the Sikh separatist leader on US soil.

BENGALURU : Maiva Pharma, a Bengaluru-based injectables manufacturer, has secured ₹1,000 crore in a mix of primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund-IV, led by InvAscent, to set up a new manufacturing plant near Hosur, Tamil Nadu. The fund has acquired a controlling stake with the capital infusion, making it Maiva Pharma’s first private equity fundraise.

ALSO READ: India T20 World Cup 2024 Squad announced: No Rinku Singh in Final 15; Furious netizens say ‘He's given everything’ Meanwhile, Mohammed Kaif, a former Indian player known for his excellent fielding skills, has supported Pandya's selection and called him the most impactful match winner in ICC events. ALSO READ: Irfan Pathan upset with BCCI over Hardik Pandya's selection in T20 World Cup, 'Sends wrong message…' "I consider Hardik Pandya to be the most impactful match winner in the ICC events, surpassing even Virat Kohli and Suryakumar Yadav. Recall the India vs Pakistan matches.

UPI) transactions fell to ₹19.64 lakh crore in the month of April against ₹19.78 lakh crore in the preceding month. In terms of transaction count, the number fell to 13.30 billion from 13.44 billion in March. When compared with April last year, the number of transactions saw a growth of 50 percent, while the total amount of transactions saw 40 percent growth.

na rahega baans, na bajegi bansuri, meaning there will be no government jobs and no reservations. Also Read: PM Modi recalls helping Sonia Gandhi after helicopter crash, calling Rahul during crisis: 'This is beyond politics' Gandhi also claimed that the BJP government is secretly snatching away reservations from Dalits, tribals, and backward classes through 'blind privatisation' by eliminating government jobs.

coffee consumption. The company said India is one of its fastest-growing coffee markets. Today, premium products account for 12-13% of the company’s sales—Nestle expects this number to touch 15-16% in the medium term and 20% in the long term, said Suresh Narayanan, chairman and managing director, Nestlé India said.

Maintaining the status quo on rates, the Fed rejected any possibility of a rate hike in the near future while also avoiding giving clear signals on rate cuts. Experts said investors should focus more on domestic fundamentals and less on the Fed's policy moves as the US central bank may keep interest rates intact for a longer period.

₹2,390 crore/$2.2 per barrel in Q4, despite the sharp rise in end-of-period crude prices by $9.4 per barrel," said Hemang Khanna, analyst at Nomura Financial Advisory and Securities (India) in a report on 1 May. For perspective, the brokerage had factored crude inventory gains of ₹1,400 crore/$1.3 per barrel. Accordingly, IOC’s reported gross refining margin (GRM) in Q4 came in at $8.4 per barrel, missing analysts’ estimates.

Securities and Exchange Board of India (Sebi), recently said "We know the entire story about how the shampoo market in India exploded when it moved from bottles to sachets and people could afford to buy a ₹1 sachet or ₹2 sachet of shampoo, but could never have afforded to buy ₹100 bottle, the market just exploded". Its heartening to see what happened in consumer goods is now getting replicated in financial markets as well. The new entrant in this trend are—bonds.