India Financial News

Congress leader Sachin Pilot slammed BJP stating that the party won't be able to win a single seat in Kerala or any southern state and expressed strong confidence in the United Democratic Front (UDF) and the INDIA bloc predicting a clean sweep for the coalition in the state. «I think the response is fantastic. People have decided to vote for the UDF. In Kerala, all people across community religion and across caste have decided to fully support the INDIA alliance and UDF will get 20 0ut 0f 20 seats here. BJP will not be able to open their account in kerala or in any other southern states,» Pilot told ANI. Kerala sees a straight face-off between the Congress and the Left in most of the 20 seats with the BJP hoping to dent the tradition by putting up a good show.

NEW DELHI : To promote the country’s electric vehicle (EV) ecosystem in line with its vision of Viksit Bharat, the Centre is in the process of establishing a task force to create a roadmap for the industry, according to a letter sent by the ministry of heavy industries (MHI) to automakers that Mint has seen. MHI will finalise the setup of this task in collaboration with Ficci (Federation of Indian Chambers of Commerce and Industry) and other agencies. “The EV task force has been set up to engage with stakeholders through workshops and stakeholder meetings to gather their insights and recommendations on various aspects of electric vehicle adoption and infrastructure development," read the letter.

Congress president Mallikarjun Kharge on Sunday claimed that if «Modi-Shah sarkar» comes back to power, then the democracy will end in the country. Targeting Prime Minister Narendra Modi and Union Home Minister Amit Shah while addressing a public meeting in Madhya Pradesh's Satna, Kharge further claimed that they will also scrap the Constitution made by Dr Babasaheb Ambedkar. «If you want to keep alive the Constitution, the right to vote for women, labourers and farmers, then vote for the Congress and its 'panja' (hand) symbol,» Kharge told the gathering. «Democracy will end if Modi-Shah's government comes to power,» Kharge claimed addressing the public meeting in Satna in support of Congress candidate Siddharth Kushwaha.

₹70,000 buy you? A month’s rent in a 3-BHK in a south Delhi apartment or a 1-BHK in Mumbai. But in some hotels, that money may not be enough even for a night’s stay. Take five-star resorts in most parts of the country right now, like AmanBagh, a sprawling property in an obscure location in Ajabgarh, in Rajasthan’s Alwar district.

Indian Oil Corporation Ltd. slipped 0.76 per cent to Rs 169.55 in Tuesday's trade. It hit a high of Rs 173.3 and low of Rs 169.4 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 123.6, while the 50-DMA was at Rs 172.49. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.

Engineering and construction conglomerate Larsen & Toubro (L&T) on Tuesday said it has manufactured a hydrotreating reactor for the Antonio Dovali Jaime Refinery at Salina Cruz, in Mexico. The reactor has been dispatched for Mexico from the company's A M Naik Heavy Engineering Complex at Hazira in Gujarat. «Equipped with critical Cr-Mo-V metallurgy, the hydrotreating reactor is based on a technology developed by France-headquartered Axens. It has been manufactured at the Hazira Complex in a record 15 months,» it said in a statement. The reactor uses hydrotreating process, which is a catalytic conversion in petroleum refining, among others, for removing impurities such as nitrogen and sulphur compounds from hydrocarbon streams.

Circuit-to-circuit stock: Shares of AA Plus Tradelink are one of the multibagger stocks that the Indian stock market has delivered in one year. In this period, AA Plus Tradelink share price has ascended nearly 160 percent. However, it seems that the BSE SME stock is still having some upside potential.

RR vs MI IPL 2024: Mumbai Indians (MI) lost another match in this year’s IPL as Rajasthan Royals (RR) cemented an emphatic 9-wicket win at the Sawai Mansingh Stadium in Jaipur on April 22. Skipper Hardik Pandya has again come under the scanner for his captaincy choices. He is again being slammed for failing to perform when it mattered the most.

Himachal Pradesh due to snowfall and rain on Saturday, according to the state emergency operation centre. As per the data released, 99 roads have been closed in Lahaul and Spiti, three roads have been blocked in Kullu, one in Chamba, and Kangra each. Himachal Pradesh State Disaster Management Authority further stated that a bridge has been washed away due to rain in Kangra. «The new bridge is likely to be constructed by this month,» an official statement read.

India’s tech hub Bengaluru has been grappling with an acute water crisis for the past few weeks. The city’s high concentration of major industries—beyond just tech—has set alarm bells ringing with temperatures set to shoot up further. While it’s not possible to track water usage at offices across the city, a similar exercise for listed companies headquartered in Karnataka’s capital revealed an 11% collective increase in consumption in 2022-23.

Accelya Solutions India declared their Q3 results on 18 Apr, 2024. The topline increased by 9.65% & the profit decreased by 99.44% YoY.

In the ever-evolving landscape of auto insurance, finding the perfect coverage requires a thorough assessment of policy options. The concept of motor insurance continues to evolve, driven by rapid technological advancements. This dynamic environment presents both opportunities and challenges for the insurance industry to meet the unique needs of millennials and Gen Z.

CIFDAQ, a new-age fintech company that offers integrated solutions spanning the blockchain layer 1, native coin, exchange services, MPC Wallet, DeFi, NFT, gaming, and other products, has launched its India operations. The fintech firm is headquartered in Mumbai and has offices in Delhi, Bengaluru and Kolkata.

Dev Patel’s action-packed directorial debut, Monkey Man, is headed to digital platforms for home viewing after struggling to make waves in theaters. The film draws heavily from Indian mythology. Box Office Performance

Buy or sell stocks for today: On account of weak global market sentiments on rising fear of the Iran-Israel war, the Indian stock market ended its four-week winning streak and finished lower on Friday last week. However, Dalal Street ended higher on Friday after losing on all sessions in the week gone by.

film industry marked a significant recovery in 2023, with 157.4 million people attending the cinema at least once, a 29% increase from the previous year and surpassing pre-pandemic levels by 8%, according to a report by media consulting firm Ormax. However, despite these impressive numbers and box office revenues exceeding ₹12,000 crore for the first time, the growth in footfalls lagged, indicating that while more people are visiting theatres, they are doing so less frequently than before the pandemic.

Top news of the day: On 21 April, a series of events are set to take place right from politics to business. HDFC Bank faces the dual challenge of higher credit to deposit profile and lower core income.

BENGALURU : Referring to the first consignment of India's BrahMos missile to the Phillippines, Prime Minister Narendra Modi on Saturday asked whether all this could have been imagined during Congress rule. "Yesterday, the first consignment of India's BrahMos missile has been dispatched to the Philippines. This has generated employment opportunities in large numbers on the ground level.

CLA Global to establish a presence in this market as part of its ambitious global expansion strategy, said G Scott Engelbrecht, chairman of the accounting and auditing network. CLA Global is among the non-Big Four professional services networks, such as RSM, Baker Tilly, HLB, Mazars and Nexia, which, driven by the significant opportunities presented by India's growing economy, are rapidly scaling up their presence in the country. Last year, the network expanded its footprint in India, when the Baker Tilly India Business Advisory and Consulting Services team joined CLA Global as a member firm.

Uttar Pradesh. Aggarwal emphasized Ayodhya's rising prominence as one of India's most rapidly expanding cultural and tourism hubs, drawing millions of tourists each year. He expressed optimism that Ola's entry into places such as Ayodhya will open up significant growth prospects and improve transport for both tourists and devotees.

Medical marijuana can now be legally purchased in North Carolina with the Eastern Band of Cherokee Indians opening its long-planned dispensary this weekend on tribal land