India Financial News

₹10-15 per bag. In North India, the prices of 50 kg bags will see a hike of ₹10-15, while the Western region may witness an increase of ₹20 per bag. The central and eastern regions are expected to face a more substantial rise, with prices potentially rising by ₹30-40 per bag.

Mr. Abhay Soi, Chairman & Managing Director, Max Healthcare Institute Limited, as its new President for FY 24-25. Mr.

₹54,000 in India, the PlayStation 5 Digital Edition (Slim) costs ₹44,990. ALSO READ: 'Acha hai mein behra hoon': Netizens react to Dhoni singing Falguni Pathak's 'Bole jo koyal' in E-Motorad Doodle V3 ad A user Deepak Chugh posted on X, “Why some one needs Play station in 10 mins? What is use case here?" Another user commented, “playstation to le lu par dost kahan se lau sath khelne wale (sic)" One more X user, Dhawal Jain wrote, “Bas ab Paisa hi chahiye (Sic)" Abhirup Banerjee, another user, asked, “Hope you have an OTP confirmation based delivery for such expensive products?" Arshit Singh wrote, “We need 10 mins liquor delivery in Delhi!" Akash Singh wrote, “Josh josh mai ye bhi aajata agar yaha bhi emi mile." Someone asked, “Is it just the controller on sale for now?" Vekay commented, “Delivery in 10 minutes or free?" Rahul took a jibe and wrote, “Itni to meri salary bhi nhi hai" Sanskar Gupta commented, “Good one.

RBI reports that for Q1FY25, services sector companies and infrastructure firms expect higher input costs. While services sector firms expect selling prices to rise, the same is not expected by the infrastructure firms. In PMI surveys, manufacturing firms indicated a rise in input prices, but do not expect output prices to rise.

PTI reported. In an official statement, the High Commission of India said on April 5, "Upon the request of the Government of Maldives, the Government of India has allowed for export of certain quantities of essential commodities for the year 2024-25 under a unique bilateral mechanism, wherein, the quotas for each of these items have been revised upwards.

Mint in an exclusive interaction. Secondary markets (non-metro cities) are rapidly becoming a very important market size-wise for the growth that these cities are experiencing and these airports are experiencing. "In order to allow us to use our infrastructure more efficiently, we are in talks with airlines to serve those secondary markets.

IPL 2024: Mumbai Indians released a statement on its star batter Suryakumar Yadav on Friday and informed that the player joined that practice sessions at the Wankhede Stadium, Mumbai on Friday ahead of the MI vs DC IPL 2024 clash on Sunday. Suryakumar Yadav, who is known for his explosive batting in the T20, remained out of the team so far due to injuries.

India are expected to rise 66% this year after nearly doubling in 2023 as state subsidies help fuel demand and supporting infrastructure comes up in the country, according to research firm Counterpoint. WHY IT'S IMPORTANT The rapid growth in sales comes at a time when EV growth in other key markets such as the United States and China are slowing.

Lok Sabha elections. Navrattan Group founder Himansh Verma, recognizing the crucial role of democracy in shaping the nation's future, appealed to voters to actively engage in the electoral process. Verma emphasized the significance of electoral participation in bolstering India's democratic framework. He stressed the role of elected representatives in formulating policies that drive economic growth, foster innovation, and tackle societal issues. Moreover, he highlighted the importance of voters critically assessing the agendas and commitments presented by political parties and candidates. Verma encouraged voters to prioritize concerns such as job creation, economic stability, social equity, and environmental preservation when making their electoral decisions.

Kalyan Jewellers on Friday reported 34 per cent increase in consolidated revenue for the quarter ended March and a 31 per cent growth in the entire 2023-24 fiscal driven by better demand despite rise in gold prices. The company did not provide the actual revenue figures reported for the fourth quarter and entire FY24. Kochi-based Kalyan Jewellers, which has 253 showrooms across India and the Middle East, had posted a revenue of nearly Rs 3,400 crore during the fourth quarter of the last fiscal, and Rs 14,109.33 crore revenue for the entire 2022-23.

Indian Army has initiated the induction of control and reporting systems under 'Project Akashteer' to bolster its air defense capabilities. This project aims to deliver an unprecedented level of situational awareness and control for the force to ensure the safety of friendly aircraft and engage hostile aircraft in contested airspace. The deployment of 'Akashteer' began with the flagging off of the first batch of control centers from BEL-Ghaziabad. Developed by Bharat Electronics Limited (BEL) as part of the 'Atmanirbhar Bharat' initiative, this project is poised to significantly enhance the operational efficiency and integration of the Army's air defense mechanisms. 'Project Akashteer' is a cutting-edge initiative designed to automate air defense control and reporting processes by digitizing them. By integrating radar and communication systems at all levels into a unified network, 'Akashteer' aims to deliver an unprecedented level of situational awareness and control.

option to pay through UPI transactions. It is hard to believe, but this is what happened to a commuter traveling to Chennai. The auto driver had strict rules pasted inside his auto: «Gpay not available. No stop for ATM withdrawal.» A user, identified as No Context Suveeshared her experience on X (formerly Twitter). She posted a picture of the auto's interior with the message displayed, «Gpay not available. No stop for ATM withdrawal.» Alongside the image, she captioned it, «It was nice knowing y'all.» The Unified Payments Interface (UPI), facilitating instant money transfers via mobile devices, has emerged as the fastest-growing payment mode in India. Since its introduction, digital transactions in the country have witnessed exponential growth.

Royal Challengers Bengaluru (RCB) and Rajasthan Royals (RR) will play each other on April 6 at Sawai Mansingh Stadium in Jaipur. RCB will play their fifth match of the IPL 2024, while this will be RR's fourth match overall. In their opening game on March 24, RR defeated Lucknow Super Giants (LSG) by a score of 20 runs. On March 28, they defeated Delhi Capitals (DC) by a margin of 12 runs. Rajasthan also triumphed over the Mumbai Indians (MI). They won by six wickets against Hardik Pandya's squad on April 1. With the exception of Kolkata Knight Riders (KKR), only RR has won its opening three games. On March 22, RCB lost to Chennai Super Kings by a margin of six wickets. On March 25, they defeated the Punjab Kings (PBKS) by a margin of four wickets. On March 29, they then suffered a 7-wicket loss to KKR. They also suffered a defeat in their fourth game, this time against the Lucknow Super Giants (LSG). Bengaluru suffered a 28-run defeat on April 2.

Shares of Balkrishna Industries Ltd.(up 2.64 per cent), Ashok Leyland Ltd.(up 1.74 per cent), Mahindra & Mahindra Ltd.(up 0.53 per cent), Tube Investments of India Ltd.(up 0.46 per cent) and Eicher Motors Ltd.(up 0.43 per cent) ended the day as top gainers in the pack.

Shares of Ipca Laboratories Ltd.(up 3.01 per cent), Zydus Lifesciences Ltd.(up 2.37 per cent), Granules India Ltd.(up 1.79 per cent), Torrent Pharmaceuticals Ltd.(up 1.56 per cent) and Glenmark Pharmaceuticals Ltd.(up 1.14 per cent) ended the day as top gainers in the pack.

Nifty Bank closed in the green for the third day in a row on Friday, which propelled the index above the 48,500 level in intraday trade. The index pared some gains but outperformed Nifty 50. The Nifty bank rose 430 points to close at 48,493, while Nifty 50 ended flat with a negative bias.

Maldives, the government said on Friday, even as ties between Male and New Delhi remained tense amid rising Chinese influence. India, a leading exporter of rice, sugar and onions, has imposed various curbs on exports of these food commodities to keep a lid on local prices ahead of general election. Shipments of these commodities in the 2024/25 finiancial year which started on April 1 to Maldives «will be exempted from any existing or future restriction/prohibition on export,» the government said in a notification.

Future Consumer Ltd.(up 5.27%), Umang Dairies Ltd.(up 3.70%), Marico Ltd.(up 3.67%), Godrej Consumer Products Ltd.(up 2.77%), Jyothy Labs Ltd.(up 1.99%), Hindustan Foods Ltd.(up 1.72%), Dangee Dums Ltd.(up 1.64%), Parag Milk Foods Ltd.(up 1.23%), Prataap Snacks Ltd.(up 1.01%) and Colgate-Palmolive(India)Ltd.(up 0.83%) stood among the top gainers.

Comparing the statistics between the two cities, the Indian Institute of Science's latest study underscores a striking resemblance. Over the years, Bengaluru's urban sprawl has surged from a mere 8 per cent in 1973 to a whopping 93.3 per cent in 2023, marking an unprecedented 1055 per cent increase in concrete structures. This unchecked expansion has led to a drastic 79 per cent reduction in water spread area, significantly impacting water availability. Hyderabad's trajectory isn't too far off. Data from the municipal administration and urban development department (MAUD) indicates a substantial surge in commercial and residential built-up areas. Between 2010 and 2014, the city witnessed a growth of 50.7 million square feet (sft) in commercial built-up area, followed by an expansion of 100.4 million sft from 2015 to 2019. Additionally, the built-up residential area saw a surge of over 500 million sft from 2015 to 2021. Although precise current figures are unavailable, experts estimate a surge of 70 per cent to 80 per cent in the last three years.

Bank Digital Currency (CBDC) transaction volumes have gone down after crossing 10 lakh in late-December 2023, Reserve Bank of India Governor T Rabi Sankar said on Friday. The overall number of transactions has touched 2.2 crore since the launch of the CBDC pilot on December 1, 2022, Sankar said, adding that the number of participants in the pilot stands at 50 lakh. «Volumes have not been the same, they have come down,» Sankar said, adding that the target of 10 lakh a day was met earlier on the back of measures such as interoperability with a very popular UPI platform. As per a news report, banks disbursed employee benefits using the digital rupee in December, which helped the Reserve Bank of India (RBI) meet its target of 10 lakh daily transactions.

Lexus Granito(India)Ltd.(up 10.55%), Madhav Marbles & Granites Ltd.(up 3.35%), Sandur Manganese & Iron Ores Ltd.(up 3.26%), Oriental Trimex Ltd.(up 2.08%), MOIL Ltd.(up 1.29%), Pokarna Ltd.(up 0.73%), NMDC Ltd.(up 0.51%) and Aro Granite Industries Ltd.(up 0.40%) stood among the top gainers.