India Financial News

India Today. Setting a new benchmark as the world's most powerful MRI scanner, the machine's cutting-edge technology boasts an unparalleled magnetic field strength of 11.7 Teslas. The CEA claims that the images are the result of over two decades of rigorous research and development. ALSO READ: Mars exploration: NASA's Curiosity searches for new clues about ancient water Adding more details, the report said that the CEA aimed to construct an MRI machine that is capable of providing insights into the healthy and diseased human brain with unmatched resolution.

Muizzu highlighted the presence of Indian troops on three platforms in Maldives. ALSO READ: How did China strengthen its bond with Maldives amid India exit? 10 key collaborations between Male, Beijing He said the troops on the third aviation platform will be withdrawn by May 10. He was quoted as saying that the withdrawal of foreign troops from Maldives is being "pursued in accordance with diplomatic norms and principles".

Mumbai: Homegrown Care Ratings Ltd plans to start its sovereign debt ratings service with countries in Asia and Africa, followed by Europe in the long term, a top executive said. The agency, which is creating a subsidiary in GIFT City for the purpose, will start with countries where it already has some presence, such as Nepal, Mauritius and South Africa. The board of Care Ratings last month approved setting up CareEdge Global IFSC Ltd for the purpose, managing director and group chief executive of CareEdge—a group level brand identity—Mehul Pandya said in an interview.

₹1.97 trillion (over $26 billion) to support manufacturing growth in 14 sectors, especially those that help in import substitution such as specialty steel and drone components. The outlay was for a period of five years starting 2022.

KKR registered 272 runs in 20 overs against Delhi Capitals. This is the second-highest IPL team score of all time. Follow IPL Live Score 2024, DC vs KKR here The highest is that of Sunrisers Hyderabad at 277 during the recent match against Mumbai Indians in Hyderabad.

PTI on 3 April. Following this, he was immediately rushed to the hospital and is currently being treated by doctors. The man has been identified as Srinivas – a resident of Mysuru – who the high court and handed over a file to security staff at Court Hall One.

earthquake off Taiwan's east coast on Wednesday is unfortunate. It is also an unfortunate reminder of the risk of concentrating an overwhelming proportion of the world's most advanced chip-making capacity in one territory. Taiwan's semiconductor fabrication units are located at some distance from the epicentre of the earthquake and evacuated staff in response to disaster protocols. Initial reports suggest there is unlikely to be an immediate impact on supply chains feeding all manner of things from cars and cellphones to laptops and satellites. However, chip-making is particularly susceptible to vibration, and Taiwan lies in a zone of heightened seismic activity that also poses a risk to its principal source of power: nuclear energy. Chipmakers have accelerated plans to diversify beyond Taiwan after the Covid outbreak snarled up supply lines. There is also simmering tension with China that reinforces the need for resilient supply of a critical component in global manufacturing.

LG refrigerators also boast world-class cooling techniques that contribute to their exceptional performance. Advanced cooling systems, such as multi-airflow and frost-free technologies, ensure even distribution of cold air and prevent frost buildup, keeping food items fresh and free from freezer burn. Additionally, LG's innovative cooling techniques help reduce energy consumption, making their refrigerators environmentally friendly and cost-effective. As the heart of LG refrigerators lies in their superior compressor technology, they have also upgraded themselves from the best-selling single doors, and double doors to multi-door refrigerators. To have a closer look, we have a well-curated list of the best-selling LG refrigerators in India in 2024 below.

Kolkata Knight Riders thrashed Delhi Capitals by 106 runs to continue their winning run in the Indian Premier League here on Wednesday. Set an improbable target of 273, Delhi Capitals were all out for 166 in 17.2 overs. Batting first, the seasoned Sunil Narine and young Angkrish Raghuvanshi struck scintillating half-centuries to power Kolkata Knight Riders to an imposing 272 for seven. Narine blasted 85 in a mere 39 balls while the 18-year-old Raghuvanshi smashed his way to 54 off 27 deliveries, as the DC bowlers ran for cover.

It is likely to be taken up as part of the near-term agenda and could be rolled out by the end of the year, they said. The move, on the lines of the national population register, is aimed at building a comprehensive database of available organ donors to meet increasing demand for organ transplant in the country.

GE Power India on Wednesday said it has secured two orders worth Rs 774.9 crore from Jaiprakash Power Ventures. GE Power India got two orders for D&E and supply of wet limestone-based FGDs for the Nigrie Super Thermal Power Plant at Nigrie and Bina Thermal Power Plant at Bina from Jaiprakash Power Ventures, a BSE filing stated.

Radisson Hotel Group currently has a hotel at every four hours of driving distance in India. The global hospitality chain targets to have a property at every two hours of driving distance, a senior official said. Radisson signed 21 new hotels in India last year, including signings for locations such as Jhansi and Sonipat. It now plans to sign about 30 hotels every year in the country for the next five years, said Elie Younes, executive vice president and global chief development officer at Radisson Hotel Group. The next five years are likely to see a record phase of expansion by global chains, including Marriott, Hilton, IHG and Wyndham, in India. CEOs, regional heads, and industry insiders say this is the most bullish they have ever been.

windfall tax on domestically produced crude to Rs 6,800 per tonne from Rs 4,900 per tonne, with effect from April 4. The tax is levied in the form of Special Additional Excise Duty (SAED). The export duty on diesel, petrol and Aviation Turbine Fuel (ATF) will continue to remain zeo.

The Cleveland Guardians won’t be changing the name of their ballpark anytime soon

By promoting responsible lending practices and enhancing credit risk management, secured credit cards contribute to a healthier financial ecosystem, says Rakshit Agarwal, Co-founder, Rupicard.

Read full story) The Indian Premier League's (IPL) KKR vs DC began today after Shreyas Iyer-led Kolkata Knight Riders won the toss and decided to bat first against Rishabh Pant-led Delhi Capitals. IPL DC vs KKR Live Updates Both teams have played nearly 32 matches with each other at the IPL tournaments.

NEW DELHI : New Delhi: India’s personal computers (PC) market of desktops and laptops, which experienced a lull last year due to a post-pandemic sales decline, could double in the next five years if the country's economic targets are met, said Ipsita Dasgupta, senior vice-president and managing director of HP India. Speaking about a dip in demand for PCs and the way forward for the upcoming year, Dasgupta said, “The consumer market has been a bit up-and-down. But nobody discards their PCs, so the comeback on demand doesn't concern me.

Mumbai, 3 April 2024 – Tata AIA Life Insurance Company – one of India’s fastest-growing life insurance companies has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. The Insurance Regulatory and Development Authority of India (IRDAI) is expected to mandate a transition to the new reporting standards for Indian insurers, which will require the insurers to modernize and upgrade technology, especially data capabilities in risk and actuarial operations, to comply with the accounting reporting standards.

₹5,359 million in the 2022-23 financial year despite anti-dumping duty (ADD) on imports of jute yarn, twine, sacking bags and hessian fabric being in place since 2017. Dumping happens when goods are exported at prices lower than the cost of production and shipment.

MUMBAI : Government reforms aiding the privatization of listed companies could help unlock greater value for investors in the Indian market, said Jonathan Gray, president and chief operating officer at Blackstone, one of the largest alternatives investors globally. "The government has done a lot of incredibly positive things. I think one thing that could help unlock the market here is an ability to take companies private, to help improve them, then bring them back to the market, maybe with more scale," Gray said during a media briefing in Mumbai on Wednesday.

Kunal Kashyap, who was heading risk at fintech unicorn Cred, has quit to join rival firm Slice, which is set to become a bank through the proposed merger with North East Small Finance Bank, said two people in the know. “Kashyap will be leading part of the credit business within the newly-formed bank which will be officially launched after regulatory authorities clear the merger,” one of the persons said.