India Financial News
25.04 / 12:43
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Fighting
Election
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Lok Sabha Elections 2024: 5 keenly watched contests in Kerala. Can the BJP open its account in God's own country?
Rahul Gandhi’s re-election bid in Wayanad to Union Minister Rajeev Chandrasekhar’s challenge to three-term member of parliament Shashi Tharoor in Thiruvananthapuram, the political landscape of Kerala is set to witness some keenly watched contests on Friday. The Congress and the Left-- both partners in opposition’s INDIA bloc-- are the main rivals in Kerala. Until now, the contest in Kerala has been bi-polar, but with the emergence of the Bharatiya Janata Party (BJP) as a force to reckon with, some seats are likely to witness a triangular contest.
25.04 / 12:43
markets
Food
Everest
country
information
testing
Destinations
Ready to start mandatory testing for exports to Hong Kong and Singapore, says Spices Board
Also read: FSSAI to inspect samples of spices and infant food pan-India “The board convened an industry consultation and has put in systems to commence mandatory ETO testing in spice consignments destined for Singapore and Hong Kong. Spice consignments to other countries will also be strictly monitored for the presence of ETO.
25.04 / 12:43
Provident
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social
hospital
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REC to lend ₹1, 869 cr for 624 MW Kiru hydro project in Jammu & Kashmir
REC Ltd has signed an agreement with Chenab Valley Power Project Private Limited (CVPPPL) to provide it with a financial assistance of ₹1,869.26 crore as a term loan. The power ministry said the loan will be utilized for development, construction and operation of the greenfield 4 x156 MW Kiru Hydro Electric Project on River Chenab, in Kishtwar district of Jammu & Kashmir.
25.04 / 12:43
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Provident
Manufacturing
pandemic
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Vaccines
India eyes to increase oral polio vaccine supply
Also read: Serum Institute to receive up to $30 mn from global network to make pandemic vaccines "An agreement has been signed under which Bharat Biotech will procure drug substances for manufacturing oral polio vaccines to be supplied within India and globally. This will contribute to supply security of oral polio vaccines. With this partnership, the capacity of BBIL to manufacture Oral Polio Vaccine (OPV) has increased to 500 million doses every year," said a statement by the Health Ministry.
25.04 / 12:11
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India's oil imports from Russia drops 19% in February, Saudi Arabia 2nd largest supplier
Also read: Saudi Arabia has an unlikely solar star Data from the ministry of commerce and industry showed that oil supplies from Saudi Arabia jumped 67.5% to $2.6 billion taking it to the second position in the list of oil suppliers to India, from $1.55 billion in January. For most part of the past two years, Iraq has been the second largest supplier to India. It has now slid to the third position with $2.24 billion worth of supplies in February, 11.6% down from $2.54 billion in January.
25.04 / 12:11
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RoCs keep regulatory heat on companies; 284 businesses faced orders since January
₹four crore and ₹40 crore respectively, are eligible for penalty at half the rate applicable for the others, under a concessional provision meant for small businesses. However, not filing annual financial statements would mean the authorities will not be in a position to offer this concession, showed the orders. D Nagendra Rao, former president of The Institute of Company Secretaries of India (ICSI) said that in many cases, companies approach the RoCs on their own for compounding of offences where they see a gap in compliance.
25.04 / 12:11
markets
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Target
Aware
testing
Destinations
India plans cotton technology mission for improving quality as part of 100 days agenda
textiles ministry is gearing up to launch a revamped Cotton Technology Mission aimed at improving the quality and output of India's "white gold" by adopting best practices that could position India as a prime destination for textile sourcing and foreign investment, two people aware of the matter said. This mission is designed to reduce dependence on imports for this crucial raw material for fibre, and to increase the incomes of India's more than 6 million cotton farmers, they said.
25.04 / 12:09
Action
security
Remark
Election
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Courts
Lok Sabha Elections 2024: BJP MP Ram Shankar Katheria’s wife to contest against him for UP’s Etawah seat
Mridula Katheria, the wife of Bharatiya Janata Party (BJP) Etawah MP Ram Shankar Katheria, has filed nomination papers as an Independent candidate for the Etawah Lok Sabha seat, just four days after her husband filed his nomination from the same seat.
25.04 / 12:09
Provident
SUN
hospital
innovations
Features
Destinations
Sun Estates Developers plans to invest Rs 1000 cr in hospitality projects in Goa
Sun Estates Developers has announced its foray into the hospitality sector with a grand vision for Goa. The company is planning to invest close to Rs 1000 crore to introduce a series of hospitality projects, aimed at elevating the tourism experience in one of India’s most sought-after destinations.
25.04 / 12:09
markets
Citi
Manufacturing
Sustainability
community
Diversity
innovations
Lohia Global to develop 5 residential projects, plans Rs 1000 cr investment
Lohia Global, a business group with 44 years of global presence in sectors like exports, manufacturing, and energy, has announced its venture into the Indian real estate market with Lohia Worldspace.
25.04 / 12:09
markets
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security
Nestle
Trade
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Markets bounce back from intra-day lows! Sensex up 480 points, Nifty closes above 22,550 led by PSU banks and pharma stocks
The Indian equity indices on Thursday recovered from intra-day lows after a weak start. Sensex advanced 486 points or 0.66% to close the day’s trading at 74,339.44. The Nifty 50 closed 167.95 points or 0.75% higher after a volatile session at 22,570.35. The gainers included Axis Bank, SBI, Dr Reddy’s Lab, JSW Steel, and Nestle India. The Indian Volatility Index (India VIX) was up 4.38%.
25.04 / 11:59
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Citizens
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country
India-Canada FTA talks unlikely to resume soon
Also read: India Should Clear the Air on a Killing in Canada Prime Minister Narendra Modi had during September 2023 expressed concern over anti-India activities and Khalistan extremism in Canada in a meeting with his Canadian counterpart Justin Trudeau on the sidelines of the G20 Summit. A few weeks later, Trudeau told Canada's House of Commons that the Indian government may have been involved in the killing of Hardeep Singh Nijjar, a Canadian citizen and a prominent figure in the pro-Khalistan movement.
25.04 / 11:59
UPS
wellness
DISH
Whirlpool
performer
Features
Amazon Sale 2024: Up to 34% off on best microwaves from leading brands like IFB, LG, Samsung and more
Reasons to BuyReasons to Avoid 2. Samsung 28L, Convection Microwave Oven with Curd Making The Samsung 28L Convection Microwave Oven with Curd Making feature comes with a 10-year warranty and is one of the best microwaves for larger families. Its 28-litre capacity ensures that you cook as well as reheat your meals with ease.
25.04 / 11:59
Waters
Intuit
performer
bass
information
Features
Best Realme earbuds in India 2024: Ultimate buying guide
Specifications of Realme Buds Air 2 Reasons to buyReasons to avoid The Realme Buds Q2 is a stylish and lightweight earbud with a comfortable fit and impressive sound quality. With a fast charge feature and touch controls, it's perfect for daily commutes and workouts. Specifications of Realme Buds Q2 Reasons to buyReasons to avoid The Realme Buds Air 2 Neo is an affordable TWS earbud with a sleek design and powerful sound output.
25.04 / 11:59
markets
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Digital
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recommendations
Uday Kotak loses ₹10,225 crore in a day as Kotak Mahindra Bank share price tanks 11%
Kotak Mahindra Bank share price saw a steep fall of 10.85% to close at ₹1643 levels on the BSE on Thursday. The fall in Kotak Mahindra Bank share prices was led by Reserve Bank of India ban on Kotak Mahindra Bank’s digital onboarding and credit card issuance.
25.04 / 11:59
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Provident
Manufacturing
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cover
Updates
India ends FY24 with a hat trick as No. 1 emerging market: Mint tracker
Mint’s Emerging Markets Tracker provides a summary of economic activity across 10 large emerging markets based on seven high-frequency indicators. One of the original members of the list, Russia, has been temporarily dropped from the tracker since its trade data has not been reliably available for the last two years. A country’s score on a given metric is a measure of its distance from both the best performer and the worst performer.
25.04 / 11:17
markets
UPS
Food
Nestle
Healthcare
Updates
Stock market update: FMCG stocks down as market rises
Vadilal Industries Ltd.(up 5.83%), Future Consumer Ltd.(up 5.56%), Emami Ltd.(up 4.18%), Nestle India Ltd.(up 2.50%), Colgate-Palmolive(India)Ltd.(up 1.88%), Dangee Dums Ltd.(up 1.75%), Sheetal Cool Products Ltd.(up 1.48%), Procter & Gamble Hygiene & Healthcare Ltd.(up 1.27%), Bikaji Foods International Ltd.(up 1.26%) and Jyothy Labs Ltd.(up 1.21%) stood among the top gainers.
25.04 / 11:17
markets
UPS
Sustainability
Parke
performer
Embassy REIT's Q4 Results: Net operating income up 13% to Rs 766 cr
fiscal year. Its net operating income stood at Rs 680.2 crore in the year-ago period. According to a regulatory filing, Embassy REIT has posted an 8 per cent annual increase in its net operating income to Rs 2,981.9 crore during the last fiscal year.
25.04 / 11:17
markets
UPS
Micron
Lexus
Updates
orienteering
Stock market update: Mining stocks up as market rises
Lexus Granito(India)Ltd.(up 15.79%), MOIL Ltd.(up 10.88%), Aro Granite Industries Ltd.(up 5.00%), Coal India Ltd.(up 1.94%), NMDC Ltd.(up 1.68%), Gujarat Mineral Development Corporation Ltd.(up 0.46%) and Sandur Manganese & Iron Ores Ltd.(up 0.20%) stood among the top gainers.
25.04 / 11:17
25.04 / 11:17
markets
UPS
Southern
AGRO
Updates
International
Stock market update: Fertilisers stocks down as market rises
Madhya Bharat Agro Products Ltd.(up 4.29%), Krishana Phoschem Ltd.(up 4.15%), Coromandel International Ltd.(up 2.23%), Chambal Fertilisers & Chemicals Ltd.(up 1.66%), Bohra Industries Ltd.(up 1.61%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 1.57%), Nagarjuna Fertilizers and Chemicals Ltd.(up 1.41%), The Fertilisers and Chemicals Travancore Ltd.(up 0.81%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.19%) and Rama Phosphates Ltd.(up 0.09%) stood among the top gainers.
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