India Financial News

Lawrence Bishnoi's brother, Anmol Bishnoi, has taken responsibility for the firing incident that occurred outside Bollywood actor Salman Khan's residence in Mumbai. The incident, which took place early Sunday morning, has raised concerns and heightened security measures around Khan's home. Two unidentified individuals on a motorcycle fired multiple rounds outside Salman Khan's residence, Galaxy Apartments, in Mumbai's Bandra area. Fortunately, no injuries were reported, but the incident prompted swift action from law enforcement agencies.

India alone. A recent report from Goldman Sachs highlights that this surge is not solely driven by traditional factors, indicating a shift in the dynamics of the gold market. The report underscores the significant role played by new incremental factors, particularly the surge in accumulation by Central Banks in emerging markets (EM) and increased retail buying in Asian markets including India have led to an increase in gold prices worldwide.

JPMorgan Chase & Co. and Kotak Mahindra Bank to help arrange Hexaware Technologies Ltd.’s planned initial public offering in Mumbai this year, according to people familiar with the matter. The US investment firm plans to hold the IPO as early as in the fourth quarter of this year, the people said, asking not to be identified as the deliberations are private. More bankers will likely be added for the potential $1 billion offering, which may value the Indian information technology company at as much as $6 billion, they said.

New Delhi: Amir Sarfaraz Tamba, an accused in the murder of Indian death row prisoner in Pakistan Sarabjit Singh and a close associate of Lashkar-e-Taiba (LeT) terror outfit founder Hafiz Sayeed, was killed by unidentified gunmen in Lahore on Sunday, official sources said. Tamba was attacked by motorcycle-borne assailants in the Islampura area of Lahore in Pakistan and was rushed in critical condition to a hospital where he succumbed to his injuries, the sources said. Singh, 49, died of cardiac arrest in Jinnah Hospital Lahore in the wee hours of May 2, 2013, after being comatose for nearly a week following a brutal assault by inmates including Tamba, inside the high-security Kot Lakhpat jail. Tamba, whose father's name is Sarfaraz Javed, was born in Lahore in 1979 and was a close associate of the LeT founder.

Indian Meteorological Department (IMD) issued an alert for ongoing rainfall spell with moderate thunderstorms over places like Madhya Pradesh, Punjab, Haryana, Chandigarh, Delhi, West Uttar Pradesh and Rajasthan on April 14. The weather department on social media platform X said that thunderstorms with light to moderate intensity rain and gusty winds over isolated places with speed of 30-50 Km/h would occur over and adjoining areas of many places of Delhi, NCR (Bahadurgarh, Noida, Greater Noida, Gurugram, Manesar), and Meham. The weather department tweeted, «Ongoing rainfall spell with moderate thunderstorms, lightning, gusty winds and hail over Northwest India is likely to continue during next 48 hours and abate thereafter.»

Israel and Iran, Air India has decided to temporarily suspend flights to Tel Aviv. The airline announced that direct flights between Delhi and Tel Aviv will be halted for the time being. Air India typically operates four weekly flights between the Indian capital and the Israeli city. The decision to suspend these flights comes amid the current situation. The Tata group-owned carrier had only recently resumed services to Tel Aviv on March 3, following a hiatus of nearly five months. The suspension of flights to and from Tel Aviv dates back to October 7, 2023, in the aftermath of a Hamas attack on the Israeli city.

Samajwadi Party president Akhilesh Yadav on Sunday termed the BJP's Lok Sabha poll manifesto as a «jumla patra» saying it «breaks world record of lies». People have already made a resolve to make the INDIA bloc win and they will not trust the saffron party's manifesto, he said. Prime Minister Narendra Modi on Sunday released the BJP's Lok Sabha poll manifesto at the party headquarters in Delhi. The manifesto has a special focus on the poor, youngsters, farmers and women. PM Modi made a pitch for electing a strong and stable government in an uncertain world beset by geopolitical tensions, prioritising development and welfare while shunning populist measures and contentious issues like the NRC.

ALSO READ: 'Ask Shah Rukh Khan why KKR didn't retain me,' Shubman Gill tells ED Sheeran On the show, the British singer also asked Rohit Sharma about his retirement plans and whether he was interested in owning a team to nurture talent to which the Indian cricketer replied that he hasn't given much thought to retirement but discussed his timeline for continuing to play competitive cricket. “I haven't really thought about retirement. But, I don't know where life takes you.

ALSO READ: CSK vs MI: Fans looking forward to 'Thala' batting bit longer, Aaron Finch says 'MS Dhoni will get biggest cheer..' Earlier, Pathirana missed games against Sunrisers Hyderabad (SRH) and Kolkata Knight Riders (KKR). Apart from Pathirana, Fleming also lauded new skipper Ruturaj Gaikwad who, according to him, has been 'cut from the same cloth' as Dhoni.

₹60,000 crore from monetization in the current fiscal, two people aware of the matter said. While the marque toll-operate-transfer (TOT) highways will form a large portion of the exercise, a third of this money is likely to come from the NHAI InvIT, and private InvITs that may be directly offered road projects for the first time this year, one of the two persons quoted above said. The higher monetization in FY25 is expected to maintain the momentum gained in last fiscal when for the first time a sum of ₹38,334 crore was mobilised from ToT, InvIT and project-based financing.

Indian stock market: Nifty slipped lower as it experienced a consolidation breakdown in the lower timeframe. The sentiment appears somewhat negative for the short term. However, there is observed support at 22500 on a closing basis.

Indians, the embassy maintained that it is closely monitoring the situation and is in touch with the Israeli authorities. "In light of the recent events in the region, all Indian nationals in Israel are advised to stay calm and adhere to the safety protocols issued by the local authorities," the Indian mission said in the "important advisory" advisory posted on its social media handles. "The Embassy is closely monitoring the situation and it is in touch with the Israeli authorities and Indian community members to ensure the safety of all our nationals," it added.

Cambodia's post on X, the diplomat has a deep understanding and administration for Khmer culture and tradition, dressed up 'elegantly' to mark the country's New Year. "Ambassador Devyani Khobragade has a deep admiration for Khmer culture and tradition. Embracing the spirit of Khmer New Year, she elegantly dressed as a Khmer Apsara, embodying the rich bond of our civilizations.

Nazara Technologies for an investment. He’s had a range of guests, from comedian Tanmay Bhatt to Oyo founder Ritesh Agarwal and venture capitalists such as Karthik Reddy of Blume Ventures.

BENGALURU : Sachin Bansal’s latest big bet that could propel his fintech startup Navi Technologies Ltd bears some heavy-hitting buzzwords—large language model, generative artificial intelligence—but this second-time entrepreneur has opted for the tougher path. Bansal, who previously co-founded e-commerce giant Flipkart and was the original posterboy of India’s startup ecosystem, is building most of the technology stack for Navi in-house. These include LLM apps, chatbots, a lending management system, and an app platform to speedily launch new products and services.

NDTV citing the local police. Chirag Antil, 24, was found dead inside a vehicle in the area after neighbours reported hearing gunshots, said the Vancouver Police, as per the report. The incident occurred late on Friday night in the city of Vancouver in British Columbia, where the deceased lived and worked.

₹1 each from persons attending the party’s public gatherings. Similar campaigns have been run by leaders such as Kanshi Ram and Arvind Kejriwal. It is an irony, though, that Kanshi Ram’s successor, Mayawati, faced allegations of corruption after coming to power.

Samir Arora, founder and fund manager of portfolio management service (PMS) firm Helios Capital Management has often favoured three big investment themes—financials, consumptions and information technology (IT). But now, he is slightly tweaking his bets on these sectors. A bulk of Arora’s own equity investments have been made through Helios’ funds.

Western media has been writing opinion pieces on India with a high focus on the 'attack' on opposition by the now Narendra Modi-led government with the rise of Hindu Rashtra. Major Western media houses including The Times and Financial Times have been focusing on reporting the 'dark side of upcoming Lok Sabha polls.' The exhaustive reportage of the Western media of India's Lok Sabha polls sheds light on the arrest of AAP ministers and the freezing of Congress bank accounts among other issues. 'Darker side to Modi's popularity'

Indian mission in Israel on Sunday issued a fresh «important advisory» for its nationals after attacks on the Jewish State by Iran with hundreds of projectiles, advising them to stay calm and adhere to safety protocols. In an unprecedented attack, Iran and its proxies launched 330 missiles and drones on Israel on Saturday in retaliation to an alleged attack by Israel on a diplomatic installation of the Islamic Republic in Damascus in which several people were killed, including two top commanders. «In light of the recent events in the region, all Indian nationals in Israel are advised to stay calm and adhere to the safety protocols issued by the local authorities,» the Indian mission said in the «important advisory» advisory posted on its social media handles.

Dr Babasaheb Ambedkar, but his government has honoured him. Addressing a rally in Madhya Pradesh's Hoshangabad, Modi also said the Congress never recognised the contribution of adivasis (tribals), but the BJP government has honoured them. «The Congress always insulted Dr Babasaheb Ambedkar, we have honoured him,» Modi said on the birth anniversary of the architect of India's Constitution. Because of the Constitution given by Dr Babasaheb Ambedkar, a tribal woman became the President of India, he said, referring to Droupadi Murmu's election to the country's top constitutional post.