India Financial News

Aam Aadmi Party (AAP) has put all three leaders on the star campaigners list for the ongoing Lok Sabha Elections 2024. Can Arvind Kejriwal and his former ministers vote in the ongoing elections? Let’s explore: Delhi, where Chief Minister Arvind Kejriwal and his former ministers are currently in jail, is scheduled to vote in the sixth phase of Lok Sabha Elections on May 25, 2024.

Make in India’ initiative, these ATMs offer flexibility and efficiency to banks. Hitachi Payment Services claims that this is the first upgradable ATM in India.

‘Taarak Mehta Ka Ooltah Chashmah’ actor Gurucharan Singh known for role ‘Sodhi’ missing CCTV footage near his residence is being checked to know more about his route from his house to Delhi airport. PTI reported citing Police sources that a team of two officers of the special cell on Saturday visited Singh's house and marked the area to collect more information on his route and other activities done him after stepping out of the house.

India secured one of their biggest wins in archery as men's recurve team of Dhiraj Bommadevara, Tarundeep Rai and Pravin Jadhav stunned reigning Olympic champions South Korea to win the gold medal at the ongoing World Cup Stage 1 here on Sunday. In a battle between the top-two seeds of the competition, Indians showed ice-cool composure to get the better of the mighty Koreans without dropping a set. India won 5-1 (57-57, 57-55, 55-53), taking their gold medal count to five in the season-opening global showpiece. Indian compound archers had swept the team events winning men's, women's and mixed team gold medals on Saturday.

DD Mishra, VP Analyst, Gartner, says, “in 2024-25, we see that AI-led growth is going to come and AI has to play a very critical role. In 2023, AI spending was around $3.5 billion, but we are expecting that this thing is going to grow in 2024-25 significantly. There are other challenges and CIOs are struggling and in this situation, they take a lot of consulting support as well because they do not know what they do not know and this is where they depend on the consulting services which has been growing significantly. We will see disruptions in the short term, but the long term outlook is positive.” Just wanted to get a sense from you with respect to the earnings read through and the commentary that we have heard from the management of the Indian IT majors. It lacks the confidence that a recovery is around the corner. They are still non-committal about it. However, the forecasts coming in from Gartner have been improving consistently. What kind of outlook are you witnessing with respect to client spends, discretionary spends and the pace of ordering. DD Mishra: The way we look at it, there are two perspectives of it. One is the larger perspective where we see how the next four to five years are going to change around IT and that looks quite promising because we see that in 2025, 2026 and 2027, we are going to see double-digit growth and there is no cause of concern as of now.

Election Commission of India declared the polls conducted at six polling stations in the Outer Manipur Parliamentary Constituency as void and announced fresh elections in these stations on April 30. «The Election Commission of India has, under Sections 58(2) and 58A(2) of the Representation of the People Act, 1951, directed that the poll taken on April 26, 2024 (Friday) in respect of 6 polling stations listed in the table below of 2- Outer Manipur (ST) Parliamentary Constituency to be void and appointed April 30, 2024 (Tuesday) as the date for taking fresh poll at the said polling stations with hours of poll from 7:00 AM to 4:00 PM,» an official statement said. Chief Electoral Officer, Pradeep Kumar Jha further appealed to the voters of these polling stations to come out in large numbers to exercise their franchise.

Chinese stocks and driving value investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near record-low valuations for Chinese stocks. Other haven plays are exporters and India’s domestic-driven equities.

Nifty ended with weekly gains of 2% amid significant volatility. On Friday it ended in the red breaking its five sessions gaining streak. When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them. Equity markets will be shut for trading on May 1, Wednesday on account of Maharashtra Day.

IPL 2024: Hardik Pandya questions Tilak Varma's 'match awareness' during DC vs MI clash, says 'cost us the game' In a statement released on Saturday, BCCI stated, “Kishan committed a Level 1 offence under Article 2.2 of the IPL's Code of Conduct. He admitted to the offence and accepted the Match Referee's sanction," “Level 1 offence under Article 2.2 of the IPL's Code of Conduct".

Go through the article to find the curated list of the best air coolers under 5000 in India which are readily available on Amazon. Go through the complete list and find the one that suits you best and place your order using the buying link shared below in the article.

Girish Madan, Director, Fitch Ratings, says it would be a combination of both thermal and renewable generation sides. In renewables, wWe have seen some pressure on the earnings because tariffs were coming down as competitive intensity was increasing in the sector, but of late the profitability should increase because some of the variables have turned in favour of the Gencos. Some of the commodity prices have also come down. Plus, there has been a 20-30% correction in solar module prices. All these factors could lead to enhanced EBITDA generation as well as profitability for Gencos. Where exactly in the power basket are we seeing the highest amount of activity in terms of addition of capacities? Girish Madan: Over the last few years, we have seen a large part of capacity addition has happened in the renewable space. If we talk about the last two years, around 40 gigawatts have been added in India and 80% of that has gone into solar and wind capacities, mainly solar capacities, so that is where we have seen capacity addition happening. We have seen some volatilities as far as the demand was concerned before COVID, so there was a slowdown in capacity addition. But sustained demand over the last three years has led to a great increase in capacity addition.

ICICI Bank, the second largest non-state lender by assets in India, on Saturday reported a better-than-expected 17% increase in net profit for the fourth quarter, helped by strong demand for loans and lower provisions. The Mumbai-based bank posted a net profit of ₹10,707.5 crore for the quarter ended March 31, compared with the average estimate of ₹10,489 crore by analysts tracked by Bloomberg.

In this article, we have curated a list of the best convertible air conditioners in India which are readily available on Amazon. Check out the features of all the options shared below, find the one that would be perfect for you to bring home and place your order using the buying link shared in the article below.

Bank Holidays in May 2024: Bank customers will have to plan around at least 10 non-working days at their banks this month, on account of various religious holidays and weekend leaves. Notably, all national banks, including the State Bank of India (SBI), have at least 10 days of non-working days in May 2024, including the second and fourth Saturdays and Sundays off. The full list is below.

Top Events of the Day: Prime Minister Narendra Modi will hold four rallies in the North Karnataka region in Belagavi, Uttara Kannada, Davanagere and Ballari on April 28. Orange alert issued over severe heatwave until April 28. Congress in Karnataka to stage protest on Apr 28 against 'paltry' drought relief given by Centre and more PM Modi will begin a full-fledged campaign in parts of Karnataka: Prime Minister Narendra Modi will address four rallies in the North Karnataka region in Belagavi, Uttara Kannada, Davanagere and Ballari on Sunday.

TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017, when the Chinese social video app merged with its competitor Musical.ly, TikTok has grown from a niche teen app into a global trendsetter. While, of course, also emerging as a potential national security threat, according to U.S.

investment strategies in Asia. Corporate reforms in Japan and South Korea will support a value thesis, according to JPMorgan Asset Management and AllianzGI. Meanwhile, M&G Investment Management is attracted by near-record-low valuations for Chinese stocks.

data to train AI models in 2024, data infrastructure company NetApp said in its second annual Cloud Complexity Report. The findings were part of NetApp’s quantitative research study of 1,300+ tech and data executives at businesses across 10 markets, done in partnership with Savanta. The report touted India as leading the charge when it comes to AI projects, closely followed by Singapore. Other countries like Germany and Spain were bracketed as being laggards in the AI race.

Indian IT seemed elusive. And the start to FY25 hasn’t deviated much from the script, barring only pockets of resilience demonstrated by some of the biggest players, including Tata Consultancy Services (TCS). Mat ters have been fu r t her complicated as the onslaught of generative artificial intelligence (gen AI) further clouds the revenue picture for an industry initially modelled after cost arbitrage in solutions delivery.

HCLTech, the third largest, was the only exception among the top six, as it added 1,537 employees in the year ended March 31, even as Tata Consultancy Services, Infosys, Wipro, Tech Mahindra and LTIMindtree reported a fall in their headcount. After accounting for the addition at HCLTech, the workforce of the top six firms fell by 72,063.

flexible work practices for white-collar workers, especially those in sales and field-related work, as rising summer heat poses health risks and threatens to sap efficiency. India is notorious for its scorching summers. Its weather office has warned that 2024 could be the country's hottest year on record.