India Financial News

Securities and Exchange Board of India in 2021, but not all companies are reporting all such incidents, said experts. Besides, injury reporting is more robust regarding white-collar employees than the blue-collar workforce, they said.

The NSE Nifty index traded 52.25 points up at 22200.15, while BSE Sensex was up 87.0 points at 73030.68 as of 10:39AM(IST)on April 18.

Hyundai Motors India was ordered by the National Consumer Disputes Redressal Commission (NCDRC) to pay Rs 15.1 lakh to Sukhjinder Singh, an owner of a Hyundai Verna car. This judgement came after Hyundai Motors India failed to rectify the car's problem and instead decided to fight against the legal order to replace the car's engine, in various consumer forums for almost 10 years. This long legal fight, was ultimately lost by Hyundai Motor India, in which the commission concluded that the manufacturer needed to replace the car's engine. However, considering the time taken for this fight to conclude, NCDRC ordered Hyundai Motors India to refund the car's purchase price plus accumulated interest to Singh. «In the present case, the car was purchased on 17.08.2011. As on date, over 13 years in its usable life have already lapsed. Even if the engine is replaced today, its utilisation is for a very limited time and the Complainant will not be able to benefit from the investment he made. This situation emerged due to non-compliance of the order of the District forum by Hyundai Motor India LTD on 17.06.2016 to replace the engine of the car,» said NCDRC at the case's hearing.

Q4 results 2024: After the announcement of Tata Consultancy Services or TCS results for Q4FY24, the market is eagerly waiting for the other Indian IT company's results for the recently ended March 2024 quarter. According to stock market experts, Infosys management may deliver a 'modest' guidance for the the financial year 2024-25.

Crypto exchange Binance is considering re-entering India’s market after having been banned there in late 2023. The potential re-entry would involve a penalty of about $2m, the Economic Times reported Thursday.

Angel One, a prominent retail full-service broking firm in India, experienced an impressive surge of 8.70% in its share price in today's early morning trade, reaching ₹3,100 apiece, following the release of its Q4FY24 performance report on Wednesday. The company reported a net profit of ₹340 crore in Q4FY24, reflecting a notable 31% quarter-on-quarter (QoQ) increase and a substantial 14% year-on-year (YoY) improvement. Furthermore, its total revenue from operations for Q4FY24 witnessed a robust growth of 28% QoQ and a 64.28% YoY surge, reaching ₹1,357 crore.

ANI. The Manipur CM furhter added, "I think what is to be done by the Central Government, under the leadership of PM Modi, has started, and to complete the ongoing process, people need to vote for the BJP candidate.

large cap mutual fund, it is rational to examine the past returns delivered by the schemes across mutual fund houses to make an attempt towards gauging their long-term potential. Although investment experts often caution investors against deciding to invest in a scheme solely on the basis of its past returns, also known as historical returns, it is not wise to overlook this factor either. Here we filter out a number of large cap mutual funds based on their past returns across tenures such as one, three and five years.

Chennai Super Kings' four wins so far. The defending champions will also be relying heavily on Dube to help them reach the play-off stage.

Also Read: Mutual fund assets skyrocket 35% in FY24, revealing key March trends One strategic avenue for securing the financial future of younger siblings is through mutual fund systematic investment plans (SIPs). These plans offer a generous gesture and a strategic move toward long-term financial security.

₹48.20 crore on the 7th day of its release, according to Sacnilk. As per early estimates, the movie earned around 2.50 Cr India net on its seventh day for its Hindi original and all dubbed versions combined. The film stars Akshay Kumar, Tiger Shroff, Prithviraj Sukumaran and Manushi Chhillar.

IPL match. Rishabh Pant took two catches and made two stumpings against Delhi as Shubman Gill’s team got bundled out for 89. In addition, Pant made 16 off 11 balls in the low-scoring game and remained unbeaten while guiding Delhi home.

An unsavory combination of factors is spoiling the risk appetite of equity investors, leading to profit booking at new highs. In the past week, benchmark indices Nifty50 and the S&P BSE Sensex have declined over 2% each. During the same time, the fear gauge, Nifty volatility index (VIX), has risen 11%, indicating discomfort among stock market participants.

The Association of Mutual Funds in India (Amfi) and Boston Consulting Group (BCG) published a report in August 2019 titled Unlocking the ₹100 Trillion Opportunity. The mutual fund (MF) industry had under ₹25 trillion of assets under management (AUM) in July 2019. We have come a long way since then. The industry's AUM has more than doubled to ₹55 trillion as of March 2024 and mutual funds have millions of new investors now. The journey was made possible by a strong regulatory framework, which safeguards the interests of investors.

—Name withheld on request

India has opened up its market to the American farming industry in as many as 12 different categories, a top Biden administration trade official told lawmakers on Wednesday as some influential senators raised the issue of wheat and rice subsidies in India and alleged forced labour in the country's shrimp industry. US Trade Representative (USTR) Katherine Tie, responding to a series of questions from the senators during a congressional hearing on trade convened by the US Finance Committee, defended the Biden administration's actions. «We are opening markets for hard-working American families and communities, especially our rural communities. Through negotiations, our administration has secured over USD 21 billion in new agricultural market access in the last three years,» she said. «For example, after the US and India terminated seven WTO disputes, India agreed to remove retaliatory tariffs on several US products. This means improved access for chickpeas, lentils, almonds, walnuts and apples, benefiting farmers across our country, including in Michigan, Oregon, California and Washington,» Tie said.

VerSe Innovation, the parent firm of online news aggregator Dailyhunt and short-video platform Josh, on Wednesday said it has acquired New York-based digital magazine store Magzter. Founded in 2011, homegrown Magzter is a cross-platform, self-service, global digital newsstand with a library of over 8,500 premium magazines and newspapers. The deal, financials of which went undisclosed, marks Dailyhunt’s foray into premium content.

laying off an undisclosed number of employees as the technology giant cracks down on costs, a company spokesperson said as reported by Reuters. According to the Google spokesperson, the layoffs are not company-wide. The impacted staff will have the chance to seek for internal roles, the spokeswoman added.

Day trading stocks to buy today: Extending weakness for the third day in a row, the Indian stock market finished lower on Tuesday. The Nifty 50 index lost 124 points and closed at the 22,147 level, the BSE Sensex corrected 456 points and closed at the 72,943 mark whereas the Bank Nifty index went down 288 points and finished at 47,484 level. However, the broad market indices ended mildly in the positive zone even as the advance-decline ratio rose to 1.84:1.

Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was shut on Wednesday for Ram Navami. Nifty 50 formed a small positive body candle on the daily chart with minor upper shadow.

Sensex declined 456.10 points, or 0.62%, to close at 72,943.68, while the Nifty 50 dropped 124.60 points, or 0.56%, to settle at 22,147.90. The Indian stock market was closed on Wednesday on account of Ram Navami. “Investors are fearing that the ongoing conflict could fuel buoyancy in crude oil prices and in turn weigh on inflation.