India Financial News
06.04 / 09:15
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NDA on a mission while INDIA bloc's sole aim is to "earn commission", says Modi at Saharanpur rally
Modi took a dig at the Opposition saying that INDIA bloc's target is to «earn commission» if it comes to power, while the NDA is «on a mission». The INDIA bloc is contesting these elections with just one aim — to stop the BJP from winning more than 370 seats, Modi said. INDIA bloc is now seen as synonymous with instability and uncertainty; people no longer take it seriously, he said. Read PM Modi Live News Updates from Saharanpur Rally
06.04 / 09:15
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Economic relations secretary in MEA to visit Rwanda, Uganda, Kenya
Dammu Ravi, secretary, economic relations in the MEA, will visit Rwanda, Uganda and Kenya from April 7-12, as a «reaffirmation of India's commitment» to further strengthen its ties of friendship with the three African countries. The Ministry of External Affairs, in a statement on Saturday, said the visit seeks to «maintain the momentum of high-level contacts» between India and countries in Africa, post the entry of the African Union (AU) as a permanent member of the G20 during the Indian Presidency of the grouping. In Rwanda, he will represent the government of India, in an event marking «the 30th commemoration of the 1994 Rwanda Genocide (Kwibuka 30)» on Sunday, the MEA said. During the visit, he is also expected to hold meetings with ministers and senior officials of the government of Rwanda, the external affairs ministry said in a statement.
06.04 / 09:15
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Canadian intel & CBC report on India’s poll “interference” uncorroborated & unsubstantiated
Canadian Broadcasting Corporation (CBC) on Canadian intelligence service claim on New Delhi’s “interference” in Canadian elections in 2021 as uncorroborated and unsubstantiated. The allegations can further dent lukewarm India-Canada ties. In 2021, the government of India had «intent to interfere and likely conducted clandestine activities,» including using an Indian government proxy agent in Canada, according to an unclassified summary written by the Canadian Security Intelligence Service (CSIS), reported CBC.
06.04 / 09:15
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Smriti Irani lampoons Congress' 'will protect democracy' assertion
Congress over its assertion to protect democracy, asking how it was possible with the party «taking» the support of SDPI, the political arm of the banned PFI, besides being in alliance with the DMK which she said was «renowned for burning the Constitution.» Campaigning for the BJP's North Chennai candidate RC Paul Kanagaraj, for the April 19 Lok Sabha polls, she also slammed the ruling DMK in Tamil Nadu over its leaders' alleged anti-Sanatana Dharma comments. «Today I stand in a state that is renowned for its spiritual power...which is renowned for our culture and that is why the nation is outraged when DMK leaders attack Sanatana Dharma, when the DMK leaders try to bring disrepute to the Hindu religion and today they stand exposed in front of the country when they speak about India and Indianness,» she said. She also slammed the Congress.
06.04 / 09:15
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India better prepared than Pakistan to handle climate shocks in wheat crop: Agri scientists
climate change impact as it has developed many indigenous heat-resistant and short-duration seed varieties, according to agri-scientists. India is the second and Pakistan is the eighth largest wheat-producing country in the world. While India is self-sufficient in wheat output, the latter imports 2-3 million tonnes. One of the reasons behind Pakistan still being dependent on imports to meet domestic requirements is its failure to develop indigenous varieties of climate-resilient seeds. Presently, the harvesting of wheat crops is underway in both countries. India has projected wheat output to touch a new record of 114 million tonnes in the 2023-24 crop year (July-June), while Pakistan has set an ambitious target of 32.2 million tonnes from an area of 8.9 million hectares.
06.04 / 09:15
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15 workers kept under medical observation after fire breaks out at SAIL's Bokaro plant: Official
SAIL's Bokaro Steel Plant have been kept under medical observation after a fire broke out on Saturday morning, an official said. This is a precautionary measure and all of them are out of danger, he said. There was no report of any fatality, the Steel Authority of India Ltd (SAIL) official said. The incident took place when maintenance work was underway in the mixed gas pipeline of the Bokaro plant, he said.
06.04 / 08:59
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News Wrap: Maldives thanks India, Pakistan takes salvo at Rajnath Singh, Rameshwaram Cafe blast accused, more
Read more here Pakistan on April 6 reportedly denounced remarks made by Defence Minister Rajnath Singh as “hateful rhetoric to fuel hyper-nationalistic sentiments", and “unapologetically exploit discourse for electoral gains". “Such myopic and irresponsible behaviour not only undermines regional peace but also impedes the prospects of constructive engagement in the long term. India's assertion of it preparedness to extra-judicially execute more civilians, arbitrarily pronounced as terrorists, inside Pakistan constitutes a clear admission of culpability," the Ministry of Foreign Affairs, Pakistan in an official statement.
06.04 / 08:59
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Ather Rizta electric scooter launched in India, starting at ₹1,09,000: From updated Stack 6 to Halo, all announced
₹1.10 lakh onwards (introductory, ex-showroom, Bengaluru), the bookings for the eagerly anticipated Rizta commence at an attractive ₹999, with deliveries slated to begin in July. Building upon the insights gained from the 450 Series, the Ather Rizta introduces a new platform and a more universally appealing design to attract a broader customer base. Its styling adopts a more conservative approach, characterized by softer lines, rounded panels, and modern features such as a mono-LED headlamp and a sleek LED taillight.
06.04 / 08:59
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IMD predicts heatwaves in THESE states in next 2 days. Details here
IMD issues orange alert for very heavy rainfall, heatwave for next 5 days Heatwave is a condition of air temperature that becomes fatal to the human body when exposed. It is defined based on the temperature thresholds over a region in terms of actual temperature or its departure from normal.
06.04 / 07:57
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Driving transformation in the CV industry: highlights from the milestone 15th Apollo CV awards 2024
The much-awaited milestone 15th Apollo CV Awards 2024 had the bigwigs of the commercial vehicle industry gather in Mumbai on March 28, 2024. The prestigious awards are curated by Commercial Vehicle Magazine of Next Gen Publishing Pvt. Ltd. (A Shapoorji Pallonji Group Company) with the long-standing partner of 15 years — Apollo Tyres Ltd backing it. The award ceremony was supported by Avanteum Advisors LLP and MarketsandMarkets as the Technical Partners, Mazars in India as the audit partner, and Metric Global as the research and data analytic company with Mirror Now as the telecast partner. The 2024 edition marked the business end of Financial Year 2024 (FY24) with an air of nostalgia that had stalwarts and key stakeholders of the CV industry (including Dealerships, Body Builders, Fleet Operators and Dealerships, among others) reminiscing about the editions gone by, their memorable wins over the past decade and a half as they walked past the ‘Legacy Wall’. In a grand reveal, the Mahindra Bolero MaXX Pik-up HD and the Force Urbania bagged the coveted ‘CV of the Year’ title. Girish Wagh, Executive Director at Tata Motors Ltd., bagged the ‘CV Man of the Year’. VE Commercial Vehicles Ltd. emerged as the ‘CV Maker of the Year’. The journey the industry embarked on together, and the milestones achieved as a whole by the Industry were front and centre!
06.04 / 07:57
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China may misuse AI to target elections in India, US to boost geopolitical interests: Microsoft
Voting for 543 Lok Sabha seats in India will take place between April 19 and June 4, spread across seven phases. South Koreans will go to the polls in a general election on April 10 while the
06.04 / 07:57
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Congress announces candidates for North, South Goa LS seats
Congress on Saturday announced the names of former Union minister Ramakant Khalap and Viriato Fernandes as its candidates for the North and South Goa Lok Sabha seats. All India Congress Committee (AICC) general secretary K C Venugopal made the announcement ending the INDIA bloc's prolonged wait for its candidates in Goa. The alliance comprising more than two dozen opposition parties has agreed to field Congress candidates from both the Lok Sabha constituencies in the coastal state. Khalap (76) was elected as an MP on the Maharashtrawadi Gomantak Party (MGP) ticket from North Goa from 1996-1998.
06.04 / 07:39
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Quick-thinking 13-year-old girl uses Amazon's Alexa to ward off monkey attack, saves infant niece
BJP worker Sai Prasad linked to Rameshwaram Cafe blast case: What we know so far? Nikita, who was visiting her sister's home in Awas Vikas Colony in Basti on April 5, was playing with her niece on the sofa when a monkey jumped into the room. The ape began rummaging through utensils, searching for food and other members of the household were in different rooms when this happened, it added.
06.04 / 07:39
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Mint Explainer: How workers will benefit from living wages
Mint explains why the adoption of the living wage system will be pro-workers. According to the ILO, a living wage is the wage level that is necessary to afford a decent standard of life for workers and their families. It takes into account the economic circumstances of a country and is calculated for the work performed during the normal hours of work.
06.04 / 07:39
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'Family Star' Box Office Day 1: Vijay-Mrunal's starrer earns over ₹5 crore on opening day
'Family Star' Box Office Day 1: Vijay Deverakonda and Mrunal Thakur's latest starrer ‘Family Star’ has earned ₹5.75 crore on its opening day, April 5, according to early trade reports. It was released in Telugu, Tamil and Hindi on Friday. The report stated that Family Star saw an overall 38.45 per cent Telugu occupancy on Friday, while the Tamil occupancy was 15.31 per cent.
06.04 / 07:39
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US, China to discuss manufacturing ‘overcapacity' issue, economic growth
US lauds India's policy of ‘forcing’ Russia to sell oil at bigger discounts "Agreed that the US and China will hold intensive exchanges on balanced growth in the domestic and global economies. These exchanges will facilitate a discussion around macroeconomic imbalances, including their connection to overcapacity, and I intend to use this opportunity to advocate for a level playing field for American workers and firms," Yellen said. On Friday, Yellen chided China for “unfair" treatment of American and other foreign companies.
06.04 / 07:25
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India-Singapore bilateral trade grew 18.2% to $35.6 bln in FY 2022-23
Singapore and India rose to USD 35.6 billion in 2022-23, a growth of 18.2 per cent on the year, a senior diplomat at the Indian High Commission here said on Saturday. Singapore is India's eighth largest trade partner (2022-23), with a share of 3.1 per cent of India's overall trade, T Prabakar, the First Secretary (Commerce) at the high commission said. He was addressing the Institute of Company Secretaries of India (ICSI) Third International Conference being held in Singapore from April 5-6. Trade between Singapore and India saw a growth of 18.2 per cent in the year and rose to USD 35.6 billion in 2022-23, Prabakar said.
06.04 / 07:25
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Semiconductor sector thrives in India as more talent ‘chips’ in for global companies
global capability centres (GCCs) set up in India during the December quarter of last year were in the semiconductor space, signaling a growing interest in leveraging the local talent pool in areas spanning front-end design, performance testing, and post-silicon validation, according to a Nasscom-Zinnov report. Among the recent additions to the semiconductor sector is Signature IP, a company established in 2021 with a focus on advancing network-on-chip (NoC) technology. EdgeCortix designs AI-specific processor architecture from the ground up, and M31 Technology Corporation is a silicon IP provider. M31, with a centre in Bengaluru, is involved in IP development, IC design, and electronic design automation fields, including memory compilers and standard cell library solutions.
06.04 / 07:25
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IPL 2024 Orange Cap: Virat Kohli remains at top, Abhishek Sharms joins in top 5
Sunrisers Hyderabad vs. Chennai Super Kings game in Hyderabad, a new name, Abhishek Sharma, moved up into the top five of the orange cap table, which still included Royal Challengers Bengaluru hitter Virat Kohli at the top. With a blistering 37 off 12 balls, Abhishek overtook Sai Sudharsan to take fifth place on the list of players with the most runs scored in the 2024 Indian Premier League. Heinrich Klaasen, a teammate, ranks third with 177 runs.
06.04 / 07:25
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Amazon India rolls out low-cost, unbranded vertical under Bazaar
Amazon India has launched a new vertical called Bazaar featuring low-priced, unbranded fashion and lifestyle products. The segment went live on Amazon India’s Android app. To a select cohort of users, it's being placed prominently on the app, people aware of the plan said.
06.04 / 07:03
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Shane Watson's advise to Hardik Pandya after being booed: 'You live, learn and move on'
Hardik Pandya. Watson, known for his observations, expressed his belief that Mumbai Indians would have handled the situation differently had they foreseen the backlash faced by Pandya upon his return to the franchise. In a response given to Hindustan Times about the criticism and backlash faced by Pandya, the Australian all-rounder said, “The way things have played out.
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