India Financial News

Private sector YES Bank has partnered with Bengaluru-based financial services provider ANQ to unveil two credit cards catering to Indian consumers. These two cards are – Pi and Phi co-branded cards.

Aam Aadmi Party (AAP) leader Saurabh Bharadwaj provided an update on Raghav Chadha's health, stating that the MP faced potential blindness following a complication in his eyes. Chadha has been in London, United Kingdom for almost two months for a major eye surgery. Bharadwaj said at a press conference, «He is in the UK; there was a complication in his eyes and I was told that it was quite critical that he might have lost his eyesight as well.» Addressing concerns about Chadha's absence during election campaigning, Bharadwaj added, «He has gone there to get treatment. I have my best wishes with him. He will be back soon in good health and will join the campaign.»

voter participation in the upcoming Lok Sabha election on May 7, the Kamrup Election District has organized trial voting using virtual reality technology. This pioneering initiative taken up for the first time in India aims to provide a virtual walk through the actual polling process. Under the guidance of Kamrup District Commissioner and District Election Officer Keerthi Jalli, this initiative was inaugurated at Dakhin Kamrup College in Kamrup District as part of the Systematic Voters Education and Electoral Participation (SVEEP) initiative.

Competition Commission of India (CCI) has cleared Sanyo Special Steel’s acquisition of a 15.43% stake in Sanyo Special Steel Manufacturing India (SSMI) from Mitsui & Co, the antitrust regulator said on Tuesday. Sanyo Special Steel, a Japan-based company, sells steel products globally and has manufacturing hubs in Europe and India. It is a part of Nippon Steel Corporation Group.

IndiGo makes long-haul foray, orders 30 wide-body aircraft "There is a linear decline in market share of Indian carriers in international markets beyond 5-6 hours. Indian carriers are signifiantly under-represented in wide-body, long-haul market. We should be able to compete with global aviation hubs," Elbers said in a conference call with analysts and journalists.

Lok Sabha elections 2024: The Election Commission of India (ECI) on Tuesday announced that the voting for the Anantnag-Rajouri Parliamentary Constituency (PC) of Jammu and Kashmir is changed from May 7 to May 25. The decision of the election body came after it received requests from various political parties, including the J&K Apni Party, the People's Conference, the Democratic Progressive Azad Party (DPAP), and the BJP, to change the voting date.

National Testing Agency (NTA) unveiled the results of JEE Main 2024, shedding light on the remarkable achievements of students across the nation. Among the 14.15 lakh students who registered for the exams, a select few have emerged as shining stars, with 56 students securing a perfect 100 percentile. Amity’s 4 students are among the 56 all-India 100 percentile achievers. Aarav Bhatt (AIR 3), Ipsit Mittal (AIR 48), Bhavesh Ramakrishnan Karthik (AIR 50), and Arsh Gupta (AIR 54); they score the perfect 100 percentile.

Demat accounts store all your financial securities electronically. These accounts are managed by depositories, which securely hold shares and other financial securities on behalf of investors in a dematerialised format. When you buy shares, they are credited to your demat account; when you sell them, your demat account is debited.

Mint explains: Awfis Solutions Pvt. Ltd is set to become the first co-working operator in the country to launch an initial public offering (IPO) and list on the stock exchange. As one of the largest co-working operators today, if the Awfis IPO launch is a success, it would set a precedent for more public listings in India’s young flex workspace sector going forward.

Kolkata Knight Riders seamer Harshit Rana was on Tuesday fined 100 per cent of his match fees and suspended for one match for breaching IPL Code of Conduct during their seven-wicket win over Delhi Capitals here. Rana, who was fined 60 per cent of his match fees for giving a flying-kiss send off to Sunrisers Hyderabad batter Mayank Agarwal in an earlier match, almost repeated the same offence when he knocked over Abhishek Porel in their game against Delhi on Monday. Rana was seen pointing his hand towards Porel, indicating him to go back to pavilion and was about to give another flying kiss before he stopped short of doing that. He was also seen appealing excessively after hitting Rasikh Salam high on his pads. «Rana committed a Level 1 offence under Article 2.5 of the IPL's Code of Conduct. He admitted to the offence and accepted the Match Referee's sanction. For Level 1 breaches of the Code of Conduct, the Match Referee's decision is final and binding,» the IPL said in a statement.

RAW) chief Samant Goel, who has been named in a Washington Post report on alleged assasination bid on Khalistani terrorist and US citizen Gurpatwant Singh Pannun, had played a key role in Balakot and Uri strikes on Pakistan by Indian forces. In a report on Monday, Washington Post had claimed that one Vikram Yadav, an RAW officer, had hired a hit team to kill Pannun. An indictment filed in a Manhattan court in November last year mentioned an unnamed Indian government official, referred to as 'CC-1', who allegedly hired one Nikhil Gupta to get Pannun assassinated. The Washington Post report claims that Goel, who was the RAW head at that time, gave the final nod for the assassination attempt of Pannun, as per a report published by The Washington Post.

Air India is likely to extend the suspension of flights to and from Tel Aviv till May 15 amid tensions in the Middle East, airline sources said on Tuesday. On April 19, the airline said Tel Aviv flights will remain suspended till April 30. It operates four weekly flights between the national capital and the Israeli city. The sources said the services will remain suspended, likely till May 15. There was no official statement from Air India on extending the suspension of the Tel Aviv flights.

IPO) of TBO Tek will open for subscription on May 8 and will close on May 10. The price band for the issue will be announced soon. The company had filed its draft prospectus papers in November last year and received approval for the same earlier this month.

A solar inverter converts the direct current generated by solar panels into alternating current which is used to power your household appliances. However, a solar charge controller regulates the voltage and current from solar panels to charge batteries. If your existing inverter is compatible with solar power input, you can simply buy a solar charge controller but in an otherwise case, go for a solar inverter.

private equity firm ChrysCapital has raised $700 million in new funds, allowing the firm to maintain its stake in India's National Stock Exchange (NSE) by buying itself out, the firm said Tuesday. ChrysCapital, one of India's biggest private equity firms with more than $4 billion invested, raised the money mainly from U.S investor HarbourVest and European funds Pantheon Ventures and LGT Capital Partners.

A recent survey conducted by Mudrex has unveiled that nearly half of individuals with retirement plans in India have entered the realm of crypto.

Authorities from India and the US teamed up in a search operation in Uttarakhand to uncover a $360 million crypto-funded drug ring. 

OTT aggregation service Tata Play Binge has added Warner Bros. Discovery-owned Discovery+ to its offering, making it the largest aggregator of OTT apps with over 30 local and global apps under one roof. Discovery+ has a library of over 8500+ hours of content transcending over 40 genres, including nature, science, history, and reality shows. The platform features titles including 90 Day Fiance, Man vs. Wild, Top Gear, #IndiaMyWay, Blue Planet, Secrets of the Koh-i-Noor, and India’s Ultimate Warrior. “Bringing discovery+ to Tata Play Binge represents a huge step forward in expanding our content offerings. The partners’ colossal lineup does not only showcase a myriad collection of genres but also promises entertainment in multiple local languages. This collaboration opens doors to an extensive range of riveting narratives, ensuring our viewers have access to the best of what Discovery+ has to offer, all in one place,” said Pallavi Puri, Tata Play’s Chief Commercial and Content Officer, on another successful integration.

Mumbai, the country’s biggest and most expensive real estate market, has continued its record-setting spree by scaling yet another peak by recording best-ever April in terms of stamp duty collection. The stamp duty collection has recorded 16% on-year increase at Rs 1,047 crore, while the country’s commercial capital has witnessed registrations of over 11,475 property deals during the month, showed data from Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. The registrations rose over 9% from a year ago making it the second highest performance for April.

Salman Khurshid and SP leader Maria Alam Khan under sections 188 and 295A IPC in Kayamganj PS in Fatehgarh district for allegedly asking for votes on religious lines. Seeking votes for the INDIA bloc candidate from Farrukhabad Lok Sabha seat, Maria Alam made an appeal for «vote jehad», terming it as necessary in the current situation for the minority community to drive away the BJP government. Alam, who is also the niece of senior Congress leader Salman Khurshid, while addressing an election meeting on Monday in the presence of senior Congress leader and former external affairs minister Salman Khurshid, made an appeal for «vote jehad», saying «in the current situation, 'vote jehad' is necessary for the minority community»

Congress leader Rahul Gandhi on Tuesday urged all party candidates to carry a copy of the Constitution with them during nominations, public meetings and outreach programmes, and tell the people that as long as the Congress is there, let alone the BJP, no power in the world can snatch away the Constitution. The former Congress chief has been carrying a copy of the Constitution in his public meetings. He did so in Gujarat's Patan and Chhattisgarh's Bilaspur on Monday and in Madhya Pradesh's Bhind on Tuesday. «A boon for the poor, respect for the deprived and pride of every citizen — our Constitution! I request all Congress candidates and leaders to keep the sacred Constitution with them during nominations, meetings, speeches and public outreach,» Gandhi said in a post in Hindi on X. «Announce it in every village and every street that as long as the Congress is there, let alone BJP, no power in the world can snatch away the Constitution of India,» the former Congress chief said.