India Financial News

T20 World Cup: Hardik Pandya’s role in the upcoming T20 World Cup was the main topic of discussion at a significant meeting held at the BCCI headquarters in Mumbai last week, as reported by The Indian Express. The meeting involved captain Rohit Sharma, head coach Rahul Dravid, and selection committee chairman Ajit Agarkar. They concluded that Pandya must bowl regularly to be considered for inclusion in the team, the publication added.

Dubai floods caused by heavy rainfall in the e United Arab Emirates. Dubai's flagship Emirates Airline has stopped all check-ins for the day. Emirates, in an official statement, stated that the airline is trying to restore the scheduled flight operations and the teams will provide all possible assistance to affected customers.

Saving is undoubtedly the first step to building wealth. However, your savings alone cannot fulfil your dreams of travelling around the world or owning a home in your favourite locality. You must make your money work harder for you – hard enough to ensure that your wealth grows at a faster pace than inflation.

India Today. Vikrant said he will also travel to China for the film's promotion. “After a long time, something like this happened.

Irfan Pathan took an indirect dig at the most expensive player in Indian Premier League (IPL) history, Mitchell Starc, as his lean form continued against the Rajasthan Royals in the ongoing season. The experienced Australian pacer, who is renowned for his searing yorker, was acquired by KKR for a record-breaking price tag of Rs 24.75 crore. During KKR's narrow defeat, Starc gave away 50 runs at an economy of 12.50 in his four-over spell.

Lok Sabha elections. The party's decision, announced recently, draws parallels with its tactics in 2004 when it prioritized alliances over individual contests, leading to the removal of the BJP-led NDA from power. With hopes pinned on history repeating itself after 20 years, Congress is gearing up for a calculated electoral maneuver. In the upcoming 2024 elections, Congress is expected to contest approximately 330 seats, a notable decline from its 2004 tally of 417 seats, marking its lowest count to date. The party's spokesperson, Jairam Ramesh, attributed this reduction to the accommodation of partners within the INDIA bloc, particularly in states like Maharashtra, West Bengal, and Uttar Pradesh. These alliances have prompted Congress to scale back its presence in these states compared to previous elections, aligning with the NCP-Shiv Sena, Left, and Samajwadi Party. «The situation in 2004 mirrors that of 2024. We deliberately opted for fewer seats in these crucial states to forge strong alliances. Congress and the INDIA bloc anticipate a decisive mandate in these elections, without the need for additional parties or wavering allies from the NDA,» Ramesh said. He further suggested that this strategy could influence regional parties in the North-East to align with Congress, shifting away from the BJP.

As per past trends, ICAI usually releases admit cards nearly 15 days before the exam commences. The CA May 2024 exams are scheduled to be held in offline mode from May 2 to 17, 2024. Applicants appearing for the intermediate and final level exams are advised to keep a close eye on the ICAI website and eServices portal for the official notification and download link.

Maruti Suzuki on Wednesday announced that it has received a ₹2.5 crore tax demand from the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chandigarh. The carmaker said that it would be contesting the demand in the country's apex court. «Even on revised total demand of Rs. 25 million, the company will be filing appeal against the order before the Supreme Court. As per the company's view, the order will have no major impact on the financial, operation or other activities of the Company,» Maruti Suzuki said in an exchange filing.

workforce in global capability centres (GCCs) is expected to increase to 35% by 2027 from 25% now, according to a new report by tech staffing and solutions provider TeamLease Digital. The report, titled ‘Women at the Heart of India’s Digital Evolution, explores aspects of the total female tech workforce in India, women’s employment in GCCs and in non-tech sectors, city-wise trends of women workforce expansion, in-demand and futuristic tech roles for women, and challenges faced by women in tech.

Election Commission of India (ECI) has directed Elon Musk-owned social media platform X (previously Twitter) to remove certain posts in India containing political speeches from elected politicians, political parties, and candidates. The ECI stated that these posts violated the model code of conduct and must be taken down. According to a TOI report, X complied with the ECI's orders and restricted access to the posts in question in India. The platform expressed disagreement with the ECI's actions, advocating for expanded freedom of expression for political speech. X has notified affected users and published the takedown orders on its platform for transparency. “The Election Commission of India has issued takedown orders requiring X to act on posts containing political speech shared from elected politicians, political parties and candidates for office. In compliance with the orders, we have withheld these posts for the remainder of the election period; however, we disagree with these actions and maintain that freedom of expression should extend to these posts and political speech in general,” X stated.

Turkiye announced on Tuesday that Turkish authorities have initiated a requirement for Indian and Nepalese passport holders traveling to Mexico, Panama, Colombia, and Venezuela, transiting via Istanbul Airport, to obtain an 'Electronic Airport Transit Visa' (e-ATV). As per the embassy's statement shared on X by the Turkish Embassy in India, Indian and Nepalese passport holders subject to this requirement can obtain the e-ATV through the website «evisa.gov.tr» starting from April 15. Importantly, this service is provided free of charge, adhering to the current practice.

Samajwadi Party leader Akhilesh Yadav on Wednesday claimed that BJP will be wiped out from Uttar Pradesh. «BJP is going to be wiped out in UP from Ghaziabad to Ghazipur. Everything said by BJP turned out to be false,» said Akhilesh Yadav. Continuing his attack on BJP, the SP Chief commented, ' people who came in 2014 will be gone in 2024.'

Bangalore, Ajit Isaac — the Managing Director of Quess Corp — has purchased a 10,000 square feet plot in Koramangala 3rd block, also referred to as billionaire street, for Rs 67.5 Crore. This amounts to a per square feet price of Rs 70,300, setting a new benchmark for the Bangalore property market. “The deal was closed last week and the property belonged to Arvind Reddy and Geeta Reddy. The last deal closed in this locality was clinched at around Rs 68,000 per sqft by TVS motor,” said people aware of the development.

Stock Market News: The domestic benchmark equity indices, the Sensex and the Nifty 50, continued their losing streak for the third day in a row on Tuesday as heavy selling pressure was witnessed in the early trade. However, Nifty 50 recovered swiftly from intraday lows, lessening the ugly tone of the decline. On Tuesday, the S&P BSE Sensex ended down 456.10 points, or 0.62%, at 72,943.68, while the NSE Nifty 50 closed down 124.60 points, or 0.56%, lower at 22,147.90.

As party manifestos go, the Bharatiya Janata Party’s (BJP) manifesto for the upcoming general elections is fairly standard, with promises about its plans if re-elected. However, what stands out in this year's BJP manifesto is its significant emphasis on the civil aviation sector, which is mentioned 11 times in the 76-page document.

MUMBAI : The Reserve Bank of India (RBI) has proposed that non-banks offering physical point of sale services (PoS) must notify the regulator of their intent to seek authorization within 60 days, and then submit their application by 31 May 2025, for approval to continue operations. “…they shall be allowed to continue their operations till they receive communication from the RBI regarding (the) fate of their application," the regulator said in a draft circular late on Tuesday.

Prime Minister Narendra Modi for diverting attention from the real issues in the run up to Lok Sabha Elections 2024, and said he will follow the Congress decision on whether he should contest in Amethi. Gandhi, who addressed a joint press conference with Samajwadi Party chief Akhilesh Yadav in Ghaziabad, termed the Prime Minister “champion of corruption." “The Prime Minister gave a scripted interview recently. He said Electoral Bonds were brought in to ensure transparency in poll funding.

KKR vs RR IPL 2024: Eden Gardens hosted a last-ball thriller on April 16 as Kolkata Knight Riders (KKR) clashed with Rajasthan Royals (RR). In the battle between table-toppers, the Royals snatched victory in the final ball, disappointing the home crowd. At the end of the match, KKR owner Shah Rukh Khan hugged Jos Buttler - the chief architect of Kolkata’s loss.

Lok Sabha Polls 2024 Live Updates He later said in another post, "I stand corrected. This Ambassador is actually a career diplomat which makes his comments even more shameful, disgraceful, and completely unacceptable.

Rahul Gandhi kept the suspense on over his candidature from the high-profile Amethi constituency in Uttar Pradesh, saying the party's Central Election Committee (CEC) takes such decisions for the Lok Sabha elections. During a joint press conference with Samajwadi Party chief Akhilesh Yadav, Rahul Gandhi was asked whether he will contest the Lok Sabha elections from Amethi or Rae Bareli. “This is BJP's question, very good.

KPI Green Energy, one of the leading players in the renewable energy sector, have been on an upward roll over the last six months, producing a stellar performance and significantly enhancing shareholder wealth in a relatively brief timeframe. The company, operating in the solar power generation sector, functions as both an independent power producer (IPP) under the 'Solarism' brand and a service provider to captive power producer (CPP) clients. Since November, its shares have witnessed a consistent upward trajectory, delivering an impressive return of 209% to date.