India Financial News

1) About Grill Splendour Services Grill Splendour is a chain of gourmet Bakery and Patisserie spread across Mumbai through 17 retail stores, a centralised production facility, and multiple corporate clients. Out of these 17 retail stores, 5 stores are running under the franchisee model (franchisee owned, and company-operated), and the rest 12 stores are owned by the company.

India declined 5.5 per cent in FY24 due to the monetary crisis in various overseas markets, according to the latest data shared by industry body SIAM. Overall exports stood at 45,00,492 units in the last fiscal compared to 47,61,299 units in FY23. Commenting on the drop in overseas shipments last fiscal, SIAM President Vinod Aggarwal said the situation remains volatile in various overseas markets. «Some of the countries, where we are very strong with commercial vehicle and two-wheeler exports, have been facing foreign exchange-related issues,» he noted.

Lok Sabha polls, the demand for chartered planes and helicopters has jumped up to 40 per cent, and the operators are expected to net 15-20 per cent more earnings, according to industry experts. The hourly rates for chartered services have also spiked. The charge is about Rs 4.5 -5.25 lakh for an aircraft and around Rs 1.5- 1.7 lakh for a twin engine helicopter, they said. While the demand has surged compared to the normal times and previous election years, there is lesser number of fixed wing aircraft and helicopters available. Some of the operators are looking to take planes and helicopters on wet lease. «There is an increase in demand for helicopters and it is up to 25 per cent more in the election period compared to the normal period. The supply is less compared to the demand,» Rotary Wing Society of India (RWSI) President (Western Region) Captain Uday Gelli told PTI.

Ambedkar Jayanti 2024: April 14 marks the birth anniversary of Dr. Bhim Rao Ambedkar, affectionately known as Babasaheb Ambedkar, revered by his followers as a champion of justice and equality. Each year, this occasion is commemorated not only by government officials and politicians but also by countless admirers both within India and around the world. Dr. Ambedkar's legacy is deeply intertwined with the Constitution of India, which he played a pivotal role in drafting to secure the rights of marginalised communities, particularly Dalits. Among the many provisions of the Constitution, Dr. Ambedkar held one article in particular as paramount — Article 32. In the constituent assembly debates, he described it as the «heart and soul» of the Constitution, without which it would be rendered meaningless. Article 32 ensures the enforcement of Fundamental Rights enshrined in Part III of the Constitution, including the right to equality, life, and freedom from discrimination. This article empowers citizens to directly approach the Supreme Court if their Fundamental Rights are violated or not being upheld. It serves as a safeguard against legislative encroachment on these rights, ensuring that they are not suspended except as provided by the Constitution itself. Article 32 is not only integral to the basic structure of the Constitution but is also considered a Fundamental Right in itself.

trials of indigenously-developed man-portable anti-tank guided missile (MPATGM) weapon system, paving way for its induction into the force's armoury. The weapon system has been designed and developed by the Defence Research and Development Organisation (DRDO), officials said. The overall system consisted of the MPATGM, launchers, target acquisition device and a fire control unit. Defence Minister Rajnath Singh has complimented the DRDO and the Indian Army for the successful trials of the system, terming it as an important step towards achieving self-reliance in advanced technology-based defence system development.

Bharatiya Janata Party in its manifesto promised an array of commitments for the development of railways and other infrastructural-related initiatives if it assumes power after the Lok Sabha polls. Prime Minister Narendra Modi on Sunday released the BJP's Lok Sabha manifesto which has a special focus on the poor, youth, farmers and women, and asserted that the need for a stable government with full majority was necessary when the world was passing through uncertain times.

India has added a record renewable energy capacity of 18.48 GW in 2023-24, which is over 21 per cent higher than 15.27 GW a year ago, according to the latest data of the Ministry of New & Renewable Energy. However, industry experts said there is a need to add at least 50 GW of renewable energy capacity annually for the next six years to meet the ambitious target of 500 GW of renewables by 2030. According to the data, India's installed renewable energy capacity is 143.64 GW as of March 31, 2024, excluding 47 GW of large hydropower capacity (each plant is more than 25 GW or above). They pointed out that renewable energy capacity stood at around 190 GW, including large hydro projects, and therefore, India needs to add 310 GW in the next six years or at an average of 50 GW per annum.

Bharatiya Janata Party (BJP) released its manifesto on Sunday, April 14 for the Lok Sabha election 2024 at its headquarters in New Delhi in the presence of Prime Minister Narendra Modi. Among other promises, the party pledged to implement the Uniform Civil Code (UCC) across the country after forming a government at the Centre.

Lok Sabha 2024: Vikramaditya Singh to contest against Kangana Ranaut in Mandi Recently, Vikramaditya Singh called Ranaut "queen of controversies", the actress termed him "Chota Pappu". Kangana Ranaut says Indians shouldn't have any identity: ‘We all are Modi’ Earlier this month, the Congress leader took a jibe at Kangana saying, "I pray to Lord Ram to give her wisdom and hope she goes back pure from 'Dev Bhoomi'".

PBKS batsman Ashutosh Sharma slogged a delivery from Yuzvendra Chahal to the leg side for two runs. However, debutant Tanush Kotiyan was quick to the ball and flicked it to deep midwicket. The throw wasn't exactly accurate and Samson had to stretch to get to the ball and then use the pace of the delivery to smash the stumps and take the vital wicket of Liam Livingstone.

MI vs CSK IPL 2024: Rohit Sharma delighted fans by temporarily taking on the role of a bus driver for his team, Mumbai Indians (MI). This playful act occurred as the team returned from their practice session at the Wankhede Stadium. MI will take on their archrivals Chennai Super Kings (CSK) in an IPL 2024 encounter on April 14.

Sankalp Patra’ for the upcoming Lok Sabha Elections 2024, on April 14 – the day marking the birth anniversary of BR Ambedkar, the architect of the Indian Constitution. BJP President JP Nadda, Union Ministers Amit Shah, Nirmala Sitharaman and Rajnath Singh, were present, apart from PM Modi, at the manifesto release function at BJP headquarters in the national capital. Here are 10 points in the BJP's ‘Sankalp Patra’: Titled "Modi Ki Guarantee," the BJP’s manifesto for 2024 elections which has 14 promises focuses on the theme of cultural nationalism.

Lok Sabha Elections 2024 will help empower youth, women, poor and farmers of the country and help India in its roadmap for ‘Viksit Bharat’ (Developed India), said Prime Minister Narendra Modi after unveiling BJP's manifesto on Sunday. 1) In the national interest, BJP doesn't walk away from taking 'bade' and 'kade' decisions. For us, the country is bigger than the party..." 2) “Work on BJP's 'Sankalp Patra' will begin immediately after the June 4 results.

Bade Miyan Chote Miyan Box Office Collection Day 3: The Bollywood film “Bade Miyan Chote Miyan" starring Akshay Kumar and Tiger Shroff was released on April 11 on the occasion of Eid 2024, clashing with Ajay Devgn's “Maidaan". The collection surged over the third day, promising big numbers for the first-weekend collection. Ali Abbas Zafar's directorial film garnered ₹31.75 crore net during its three-day run in theatres, as per the early estimates by industry tracker Sacnilk.

Rajasthan Royals as the opener scored 24 runs off 31 deliveries on Saturday. The young batsman's slow start meant that Rajasthan Royals could not get off to a good start and were on the verge of losing the match when Shimron Hetmyer's 27-run knock (off 10 balls) rescued them and pushed them over the winning line. Former Indian cricketer Robin Uthappa raised concerns about RR's bizzare strategy, stating that the franchise does something like this every season.

Maidaan Box Office Collection Day 3: Ajay Devgn’s latest movie, Maidaan, witnessed an 83.3% jump on Saturday and collected ₹5.5 crore on the third day. On Day 0 (a day before the release date), the movie had a paid preview and earned ₹2.6 crore. It was not an impressive number for a big Bollywood star like Ajay Devgn, especially because it was Eid.

Vodafone Idea, which is currently heavily indebted, will also be kickstarting its ₹18,000 crore FPO next week. In the small and medium enterprise (SME) sector, Ramdevbaba Solvent and Grill Splendour Services are set to launch their IPOs for subscription. Alongside these new offerings, Dalal Street will witness the listing of Teerth Gopicon and DGC Cables and Wires.

Here are 5 inspiring quotes by Dr BR Ambedkar to mark Ambedkar Jayanti: - “I measure the progress of a community by the degree of progress which women have achieved." - “Political tyranny is nothing compared to social tyranny and a reformer who defies society is a more courageous man than a politician who defies Government." - “History shows that where ethics and economics come in conflict, victory is always with economics.

IPL 2024 season, Punjab Kings had officially announced Jitesh Sharma as their vice-captain and the wicketkeeper-batsman also represented PBKS in the captain's shoot. However, the PBKS coach has now said that Jitesh was sent to the captain's shoot as a player and not as the vice-captain of Punjab Kings, while Sam Curran was always their first choice to replace Dhawan.

Seriously concerned at escalation of hostilities between Israel and Iran: MEA US President Joe Biden promised "ironclad" support for Israel after holding an urgent meeting with top security officials. "I just met with my national security team for an update on Iran's attacks against Israel.

Mint explains how deep is the job crisis for the vast number of young people who join the labour force every year. India experienced mostly jobless growth in the first 19 years of the current century, a period when India had seen stable governments under three different prime ministers. At the national level, employment grew at an annual rate of 1.6% between 2000 and 2012 and then stagnated with a 0.01% rise till 2019, even as the economy grew at 6-7% on average during those years.