India Financial News

01.04 / 13:47

CEO Platform performer voice social Features Traffic CEO Bhavish Aggarwal unveils ‘Ola Solo’, India's first autonomous electric scooter with AI features: Details

electric scooter is full of technology, integrating cutting-edge AI capabilities for a smarter, safer, and more convenient ride, Powered by an in-house developed chip, the LMA09000, Solo harnesses the power of artificial intelligence to navigate the streets. As per the company, its adaptive algorithm, JU-GUARD, ensures continuous learning from every ride, enhancing efficiency and performance. In a recent announcement on social media platform X, Bhavish Aggarwal, the co-founder of Ola Electric, proudly unveiled Solo, highlighting its game-changing features.

01.04 / 13:47

markets COST UPS Sony Features Videos OnePlus Nord CE 4 5G with Snapdragon 7 Gen 3 SoC, 50MP camera launched: Price in India, specs, launch offers and more

OnePlus Nord CE 4 5G. Powered by the powerful Snapdragon 7 Gen 3 chipset, the smartphone will give tough competition to newly launched mid-range devices such as the Nothing Phone 2a, Redmi Note 13 Pro and Realme 12 Pro. The 8GB RAM and 128GB storage variant of OnePlus Nord CE 4 is priced at ₹24,999, whereas the higher variant with 8GB RAM and 256 GB ROM will be selling in the market at ₹26,999.

01.04 / 13:47

UPS Provident Mobile stars Updates Sporting RCB vs LSG IPL 2024: When and where to watch? Livestreaming details and more

RCB vs LSG IPL 2024: Royal Challengers Bengaluru (RCB) is all set to go against the Lucknow Super Giants (LSG) in the 15th match of the Indian Premier League (IPL) 2024 on Tuesday, April 2. The clash of giants is scheduled at the grand M. Chinnaswamy Stadium, which is known for high-scoring matches, but has not been very helpful for batters in IPL 2024.

01.04 / 13:47

UPS Provident Digital Progressive wellness electronic For Railways, FY24 was a year of multiple milestones

NEW DELHI : Indian Railways has moved at record pace in the just completed financial year, reaching new milestones in various categories including freight loading, railway electrification, and new development. The national transporter also registered its highest number of restoration of bridges during the year, and expanded its programme to install automatic signalling and digital interlocking of stations–measures aimed at ensuring both smoother operations as well as a higher degree of safety. Indian Railways registered record freight loading of 1,591 million tonnes in FY24, as compared with 1,512 mt in the year before–also an indicator of higher economic activity.

01.04 / 13:47

markets Citi Target Metro Deloitte Vertex country Retail blitz: Ace Turtle to target tier 2-3 cities with 100 new stores in FY25

₹293 Crore) in a Series B funding led by Vertex Growth, SBI Investment Co. Ltd, Farglory, Lesing Nine, Stride Ventures, Tuscan Ventures and Trifecta Capital. Existing investors Vertex Southeast Asia and India, and InnoVen Capital also participated in the round.

01.04 / 12:15

Manufacturing performer hospital FY25 credit quality outlook positive for Indian companies: Crisil

NEW DELHI : The credit quality outlook for Indian firms is positive for fiscal year 2025 (FY25), rating agency Crisil on Monday. This optimism stems from strong domestic demand, low corporate debt levels, and the ongoing benefits of infrastructure development. In the recently concluded fiscal year, Crisil Ratings recorded 409 upgrades for domestic companies and 228 downgrades.

01.04 / 12:15

markets Provident FIVE Manufacturing Trade country 2020 India plans to make carbon fibre in response to EU carbon tax

Hindustan Aeronautics Ltd is the industry partner of the textiles ministry for this project. "With this, India will have its own technology and manufacturing units. The project will be completed in the next three years," the second official said.

01.04 / 12:15

markets UPS security information recommendations guidelines Yes Bank share price rises 5%: 2 key reasons that kept the stock in focus

Yes Bank share price ended the day with gains of 5.4% on Monday. While the benchmark indices saw strong gains and Nifty-50 index gained 0.6% on positive cues, the strong investor sentiments on private banks were also reflected by 1.03% rise in Nifty Private Bank index.

01.04 / 12:15

markets IPO security WhatsApp IPO Watch: Rays Power Infra raises ₹54 crore via pre-IPO placement

₹54 crores in order to raise funds and increase investor trust. As part of this process, the company intends to refile its Draft Red Herring Prospectus (DRHP) with the capital market regulator, Securities and Exchange Board of India (SEBI).

01.04 / 12:15

Target economy Highways FLEX country Interviews NOT Nitin Gadkari vows to eliminate petrol, diesel vehicles in India soon: 'Not impossible'

Gadkari has said that it is ‘one hundred per cent’ possible for the country to get rid of petrol and diesel cars altogether to make India a green economy. In an interview with news agency PTI, Gadkari said “It is difficult but not impossible. This is my vision." Without a timeline to meet this ambitious target, the Union Minister for Road Transport and Highways vowed to get rid of over 36 crore petrol and diesel vehicles in the country.

01.04 / 12:15

markets Citi Booking country travelers International Destinations Quick getaways, spiritual quests fuel India's tourism: Booking.com's Houldsworth

NEW DELHI : India's travel and tourism sector is seeing robust growth, propelled by an increasing appetite for frequent and shorter trips, said Laura Houldsworth, Asia Pacific managing director for Booking.com. In a recent interview with Mint, shesaid this surge is not only fueled by expanding spiritual and wedding tourism but also by a strong outbound travel market. "We're expecting Indians to want to travel more frequently and take a lot of shorter trips as well, unlike the one to two trips we saw in the past," Houldsworth said.

01.04 / 11:31

COST UPS Manufacturing economy hospital Govt spending sparks India’s economy despite inflation, geopolitical crises: Icra

NEW DELHI : Rating agency Icra Ltd credited the Indian government’s spending on infrastructure, apart from promising macroeconomic conditions and relatively stable commodity prices, for the country’s robust economic growth amid a sea of challenges. Icra joined the bandwagon of rating agencies predicting robust growth for India’s economy, which it said faced multiple challenges including inflation, rise in borrowing costs, sub-par monsoons, sluggish exports, the Red Sea crisis, and the effects of the Russia-Ukraine and Israel-Palestine conflicts.

01.04 / 11:31

UPS Target Platform Election community President Shahid Siddiqui quits RLD after party joins BJP, flags 'political compulsions' of Jayant Chaudhury

Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) ahead of 2024 Lok Sabha elections. Taking to microblogging platform X (formerly known as Twitter) Siddiqui posted in Hindi, “Yesterday I sent my resignation from the membership of the Rashtriya Lok Dal (RLD) and the post of national vice president to national president Jayant Singh. Today, when India's Constitution and democratic structure are under threat, remaining silent is a sin." “I am grateful to Jayant ji but I am forced to distance myself from the RLD with a heavy heart.

01.04 / 11:31

Waters Election Fishing country reports rights Mint Explainer: What is the controversy over Katchatheevu Island about?

NEW DELHI : An uninhabited island has sparked a political controversy in the election season. Prime Minister Narendra Modi has reignited a longstanding debate in Indian politics by criticizing the Congress party for relinquishing control of the Katchatheevu Island to Sri Lanka in 1974, under Indira Gandhi's leadership. This move has elicited responses from opposition parties, bringing the island's status back into the spotlight.

01.04 / 11:31

Assurant economy Election Celebrity Justice country 'PM Modi looted public's hard earned money through banks', alleges Congress chief Mallikarjun Kharge

₹ 500 and ₹ 1,000 banknotes. ALSO READ: Justice Nagarathna questions demonetisation's impact on black money eradication: '98% currency came back' In a post on X (formerly known as Twitter), Kharge noted three ways in which the PM Modi-led government is allegedly using the banking sector to loot people of the country. "Modi saheb, banks play a major role in the country's economy, and you have used banks to destroy the unorganized sector and MSMEs...the public's hard-earned money has been looted through banks," he said.

01.04 / 10:45

markets JPMorgan security Cycling country inclusion gatherings FPI inflows in debt market at nine-year high of ₹1.21 lakh crore in FY24; likely to help soften bond yields

₹1.21 lakh crore in India’s debt market during the financial year 2023-2024, the highest yearly inflow in more than nine financial years. As per the data on National Securities Depository Ltd (NSDL), FPIs’ net investment in the country’s debt markets stood at ₹121,059 crore for FY24. This was the highest FPI inflow in the debt market since FY 2014-15, when they infused ₹130,302 crore.

01.04 / 10:45

UPS Progressive trends Experts hospital travelers FY25 Outlook: Hotels to see revenue growth of 9-11%, a 3rd straight Year of growth- CareEdge

Indian Hotels Company , EIH Ltd , Lemon Tree Hotels, Chalet Hotels share price have risen 70%-189% in last one year. The same has been helped by continuing upcycle as Revenue per available room (RevPAR) have improved regularly in the back of rising occupancy and improvement in average room rates (ARR). The outlook remains strong and share prices of EIH, Lemont Tree Indina Hotels, Chalet Hotels rose up to 5.7% on Monday The analysts and experts expect the earnings growth trend to continue.

01.04 / 10:45

markets Provident Platform Mobile trends Trade exclusive Demat Account: How to choose between full-service and discount brokers?

demat account is as crucial as choosing the appropriate bank account for seamless banking transactions. Your demat account acts as the gateway to stock investing and trading in various securities like derivatives, bonds, commodities, and mutual funds. In recent years, there has been a significant increase in demat account additions, driven by growing awareness about stocks.

01.04 / 10:45

markets Provident Citizens security Trade Department Can you open a demat account without a PAN card? MintGenie answers

demat account is a must if you want to trade in stocks. It functions much like a bank account for stock market transactions. It digitally records all activities in the stock market and maintains electronic records of various financial instruments.

01.04 / 10:45

UPS Airlines economy Election show country Why India Inc’s capex plans slowed down in FY24

₹11.3 trillion worth of new projects were announced across the country during the three months through March, two times the figure in the December quarter, showed provisional data from the project-tracking database of the Centre for Monitoring Indian Economy (CMIE). However, the year 2023-24 ended with ₹27.1 trillion worth of new projects being announced, down nearly 31% after two successive years of sharp growth. The decline in 2023-24 can largely be attributed to the high base of the previous year, when Air India had announced a ₹6.6-trillion deal to buy aircraft in February 2023.

01.04 / 10:45

BLOCK country stars cricket 'You can't really help….': MI star on Hardik Pandya' facing criticism, says 'expect things to be different after…'

MI vs RR IPL 2024: Hardik Pandya is bracing for some intense criticism as Mumbai Indians go against Rajasthan Royals at its home Wankhede Stadium on Monday. So far, Hardik Pandya faced booing crowds, and unfriendly chants at away locations, but this is the first time he will face the Mumbai Indians core fanbase, who are angry at him for replacing Rohit Sharma as the MI skipper. Ahead of the MI vs RR clash, spinner Piyush Chawla came into Hardik Pandya's defense and said Hardik Pandya is focusing on his game.

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