India Financial News

lumpy skin disease (LSD) in 2022 that has so far killed more than 200,000 cows, hurting milk output. The plan involves monitoring occurrence of animal diseases, their prevention and management of outbreaks, with the possibility of jointly developing vaccines and other medicines, a Brazilian diplomat said. “We had a meeting with the chief minister of Punjab.

₹5,069 crore. The revamp involves the daunting task of resettling an estimated million people. The ongoing survey, based on which home eligibility for the slum dwellers will be decided, is critical for the project’s future, and for that, the support of Dharavikars is key.

In a relief for senior citizens, the Insurance Regulatory and Development Authority of India (IRDAI) has removed the age limit restriction for buying a health insurance policy, effective April 1.

The surge in e-commerce has transformed the face of retail industry in the country, creating business opportunities as well as posing challenges to conventional real estate in India. With e-commerce growing rapidly and more people enjoying the benefits of online shopping, shopping malls and physical retail places are getting significantly impacted. Yet, despite the challenges brought by the changing dynamics, there is a sense of confidence among the leaders in the industry for adapting to the changing surroundings.

Axis Bank has revised certain criteria, including average balance requirement, for salary and savings accounts with effect from April 1, 2024.

Tata Consumer Products on Tuesday posted its fiscal fourth quarter earnings with profit at Rs 267.71 crore, down 22.5 per cent on-year in comparison to Rs 345.58 crore during the fourth quarter of FY23, missing estimates. It posted revenue from operations at Rs 3926.94 crore for the quarter ended March 31, 2024, up 8.5 per cent as against Rs 3618.73 crore during the same period last year, with strong performance in India business, which grew 10 per cent. According to a CNBC TV18 poll, Tata Consumer Products was expected to report Q4 profit at Rs 315 crore and the revenue was estimated at Rs 3991 crore during the quarter in review.

– By Sagar Muthappa

By Tejas Patil

Credit cards offer several benefits like cashback, miles, vouchers, discounts, free priority pass membership, etc, to attract customers. One of their prominent offerings is free airport lounge access at select airports in the country and abroad. The facility of airport lounge access is available not only on travel credit cards but also on some other premium cards issued by banks.

Banijay Asia and Sporting Beyond have announced a strategic partnership aimed at redefining the landscape of cricket entertainment through content and live events. Reportedly, this collaboration is set to explore ways of merging cricket and entertainment, together called cricketainment. 

HDFC Asset Management Co Ltd, the investment manager to HDFC Mutual Fund (HDFC MF), has announced the launch of HDFC Manufacturing Fund. This open-ended equity scheme aims to unlock the potential of India’s manufacturing sector by investing predominantly in equity and equity-related securities of companies engaged in manufacturing activities.

Indian households often hold gold as an asset class, passing it down from one generation to another as a symbol of wealth and heritage in India. There are many stories relating to gold and people love this metal as a jewellery more than just an asset.

The Insurance Regulatory and Development Authority of India (IRDAI) has dissolved the barrier to applying for health insurance in India that allowed only individuals aged 65 and lower to purchase health covers. The recent development on Sunday has pushed insurance companies to provide insurance to people irrespective of their age.

Motilal Oswal Financial Services has launched its maiden public issue of non-convertible debentures (NCDs) worth Rs 1,000 crore, comprising a base issue of Rs 500 crore and a green-shoe option of Rs 500 crore to retain oversubscription.

telecom industry recorded a 1.88% sequential growth in adjusted gross revenue (AGR) to Rs 67,835 crore in the October-December quarter, led by growth of Bharti Airtel and Reliance Jio, which expanded their 5G services. State-run Bharat Sanchar Nigam Ltd. (BSNL) also saw its AGR for mobile services rise but cash-strapped Vodafone Idea continued to witness a decline. As per data released by the Telecom Regulatory Authority of India (Trai) on Tuesday, of the total AGR of the telecom industry, access or mobile services contributed 82.07% at Rs 55,669.76 crore while NLD (national long distance) AGR stood at 6,523.30 crore and ISP (internet service provider) AGR at Rs 3,881.79 crore.

Shares of Biocon Ltd.(up 3.32 per cent), Torrent Pharmaceuticals Ltd.(up 1.76 per cent), Natco Pharma Ltd.(up 1.71 per cent), Aurobindo Pharma Ltd.(up 1.58 per cent) and Divi's Laboratories Ltd.(up 0.84 per cent) ended the day as top gainers in the pack.

Odisha hovering between 39 and 42 degrees Celsius, political parties are focusing more on evening meetings and small village gatherings while campaigning for the Lok Sabha and Assembly elections. Malkangiri district under Nabarangpur Lok Sabha seat recorded the highest temperature of 42 degrees Celsius recently. The India Meteorological Department (IMD) has forecast more heatwaves in the next few days in the state. Odisha's Chief Electoral Officer (CEO) Nikunj B Dhal has suggested that political parties and candidates undertake election campaigning with adequate measures to beat the heat. BJP candidate for Nabarangpur Lok Sabha seat Balabhadra Majhi said, «I had prepared a chart for my campaigning soon after the declaration of the tickets but altered my campaigning itinerary due to the scorching temperature, focusing more on evening meetings and small village gatherings.»

Also Read | 'Goodbye Air India jumbo': Netizens hail ‘wing wave’ manoeuvre as Boeing 747 takes off for last time from Mumbai “Delighted to announce our newest codeshare partner, @FlyANA_official. With this, we offer you even more convenient connectivity between India and Japan. If you are a Flying Returns Gold or Platinum member, this also lets you enjoy premium services on both airlines," Air India said on X.

₹30,000 price segment in India. Realme 12 Pro+ 5G features a 6.7-inch OLED screen with a screen ratio of 93% and a resolution of 2412 x 1080. This device comes with 120Hz refresh rate and 240Hz touch sampling rate and is powerful Qualcomm Snapdragon 7s Gen 2 chipset.

Mission drift, a phenomenon wherein an organization starts focusing on activities that do not align with its foundational mission, has severe consequences for organizations. In his book Good to Great, Jim Collins highlights how companies can falter by straying from their core values and missions, a concept linked to Aristotle’s idea of “telos," or an entity’s ultimate purpose. Aristotle believed that losing sight of this purpose leads to dysfunction and unrealized potential, mirroring the effects of mission drift seen in modern organizations.

The Indian startup ecosystem within the space sector stands out as a remarkable success story, where technology innovators harness their expertise to craft solutions aimed at not only fostering self-sufficiency, but also positioning India as a global front-runner. From ambitious ventures to celestial bodies like the Moon and Mars, and even to an observation post for the Sun, India’s space endeavours have renewed enthusiasm among aspiring spacefarers.