India Financial News

Katchatheevu island was neither acquired nor ceded and lies on the Sri Lankan side of the India-Sri Lanka International Maritime Boundary Line. The 2015 response by MEA assumes significance considering the ongoing political flash point over RTI reply received by Tamil Nadu BJP chief K Annamalai said that former Prime Minister late Indira Gandhi had ceded the Island to Sri Lanka.

RBI Celebrates 90 Years: Prime Minister Narendra Modi on April 1 praised the widespread adoption of UPI and stressed the importance of the Reserve Bank of India (RBI) focusing on promoting digital transactions and financial inclusion over the next decade. The prime minister was delivering the keynote address at the central bank's 90th anniversary event today in Mumbai. Also present were RBI Governor Shaktikanta Das and Finance Minister Nirmala Sitharaman.

Bollywood, cricket and food because they add fun to his job, not just the policy work but connecting with people. Politicians, according to him, come and go, but personal connections last a lifetime.

Hi-Tech Pipes, a leading player in Indian piping, were ecstatic with its stock performance in recent years. The stock began its upward rally in June 2022 and has maintained the same momentum to date, yielding a fabulous return of 250%, climbing from ₹40 apiece to the current level of ₹139.75 apiece.

Arvind Kejriwal to judicial custody till April 15 in the excise policy-linked money laundering case. As reported by ANI, Delhi CM said, “What the PM is doing is not good for the country." Also Read: Arvind Kejriwal News LIVE Updates: Court sends Delhi CM to judicial custody till April 15 He appeared before Special Judge Kaveri Baweja in a crowded courtroom. Members of the AAP, including Atishi, Saurabh Bhardwaj, and Kejriwal's wife Sunita Kejriwal, were in attendance.

Toyota's lineup in the country. The collaboration between the two automotive giants, stemming from a global partnership for platform and technology sharing, has led to the introduction of rebadged Maruti Suzuki models in India over recent years.

Shahid Siddiqui on Monday announced that he has resigned from his post and the party's primary membership, saying the Constitution and democratic structure are under threat and remaining silent is a sin. Siddiqui's move comes days after the RLD joined the BJP-led National Democratic Alliance (NDA). «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,» he said in a post on X. «I am grateful to Jayant ji but I am forced to distance myself from the RLD with a heavy heart. India's unity, integrity, development and brotherhood are dear to all. It is the responsibility and duty of every citizen to save it,» he added.

Crisil Ratings on Monday said the credit quality outlook for Indian corporates remains positive for the April-September period of the 2024-25 fiscal year with upgrades continuing to outpace downgrades. In the last fiscal year, Crisil gave 409 rating upgrades and 228 downgrades. Some export-linked sectors, such as textile and seafood, saw a higher downgrade rate due to subdued global demand or high-cost inventory that impacted profitability. «India Inc's credit quality outlook is positive for the first half of fiscal 2025 with upgrades expected to outnumber downgrades. Multiplier effect of government capex will continue to drive infrastructure and linked sectors. Healthy balance sheets will continue to support the credit quality outlook, with capex funding seen prudent,» Crisil Rating said. It said the outstanding bank credit is expected to cross Rs 200 lakh crore by March 2025, from Rs 172 lakh crore a year ago, even though there would be moderation in the rate of credit growth.

hydroelectricity output fell at the steepest pace in at least 38 years during the year ended March 31, a Reuters analysis of government data showed, as erratic rainfall forced further dependence on coal-fired power amid higher demand. The 16.3% drop in generation from the country's biggest clean energy source coincided with the share of renewables in power generation sliding for the first time since Prime Minister Narendra Modi made commitments to boost solar and wind capacity at the United Nations climate talks at Paris in 2015. Renewables accounted for 11.7% of India's power output in the year that ended in March, down from 11.8% a year earlier, a Reuters analysis of daily load despatch data from the federal grid regulator Grid-India showed.

Kejriwal was arrested on 21 March and has been in ED custody since then. On 28 March, the court had extended Kejriwal's ED custody till April 1.

BENGALURU : The Abu Dhabi Investment Authority (ADIA) and Kotak AIF will invest ₹2,001 crore in four residential projects by real estate developer Prestige Group. The funds will be used to develop projects in Delhi, Mumbai, Bengaluru, and Goa. This investment marks ADIA's maiden venture into India's residential real estate market, expanding beyond its previous commitments in commercial office spaces.

S Jaishankar on Monday said that India's national security interests are involved in its investigation into the alleged involvement of a government official in the assassination plot aimed at Khalistani extremist Gurpatwant Singh Pannun. As reported by PTI, Jaishankar while replying to a question about US Ambassador to India Eric Garcetti's statement that the involvement of a government official in an assassination bid on the citizen of another country is an “unacceptable red line", said, “It is something we are investigating as we believe our own national security interests are involved in that investigation." Also Read: Katchatheevu row: Jaishankar says ‘6,184 fishermen, 1,175 vessels detained by Sri Lanka in 20 years’ Jaishankar further noted that the US ambassador will say what he feels is the thinking or position of his government.

₹30.5- ₹32.0 across the four metros. The reduction in prices comes ahead of the Lok Sabha elections which are scheduled to start on 19 April. In the national capital, the 19-kg commercial cooking gas cylinder is priced at ₹1,764.50, lower by ₹30.5.

production-linked incentive (PLI) scheme for smartphones in August 2021, as per an Economic Times report. The majority of those employed are first-time time job seekers aged between 19 and 24 years, it added citing estimates from government officials and experts. Companies that get PLI benefits are required to report employment data to the government.

Nifty Next 50 index has emerged as a star performer in financial year 2024. This index is specifically designed to track the performance of 50 promising young companies, which could be the next contenders to enter the Nifty 50 index. In February 2024, the index surged 6.68%, leaving all other major indexes in the dust.

Bank Nifty was up by 431.85(0.92%) at 01 Apr 2024 10:44:56 IST.In the BSE Sensex index Tata Steel, Larsen & Toubro, Ultratech Cement, HDFC Bank, HCL Technologies were the top gainers while Titan Company, Nestle India, Mahindra & Mahindra, Bharti Airtel, ITC were the top losers.In the Bank Nifty index Au Small Finance Bank, Bandhan Bank, Bank Of Baroda, HDFC Bank, Federal Bank were the top gainers while were the top losers.For the complete list of 52 week high stocks click here. Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Apollo Micro Systems Limited are one of the multibagger stocks that the Indian stock market has delivered in recent years. This defence and aerospace company's stock price has ascended around 250 percent in the last one year whereas, in the last five years, Apollo Micro Systems share price has appreciated to the tune of 625 percent.

₹2.8 in March 2020 to approximately ₹428 at present. This translates into an extraordinary return of 15185 percent. If an investor had allocated ₹1 lakh to this stock in March 2020, the initial investment would have grown to ₹1.52 crore by now.

Mahua Moitra’s Krishnanagar constituency as the starting point for her electoral drive. During her speech, Banerjee primarily targeted the Bharatiya Janata Party (BJP). Here are 10 things CM Banerjee said during the campaign rally.

Bollywood actor Ranbir Kapoor with his mother Neetu Kapoor and sister Riddhima Kapoor Sahni featured as guests on stand-up comedian Kapil Sharma's first episode of The Great Indian Kapil Show on March 30. The first episode premiered on OTT platform Netflix on Saturday. From a wide range of amusing incidents at the show, one of the sweet and hilarious anecdotes that the actor noted was from his wedding with Alia Bhatt.

Hindustan Aeronautics share price rising more than 3% in morning trades scaled 52-week highs on a large order win worth ₹1173.42 Crores from Cochin Shipyard. Hindustan Aeronautics will be supplying 6 sets of LM2500 Gas Turbines(GT) and GT Auxiliaries (GTAE), Spares, Tools for Indian Navy Next Generation Missile Vessel(NGMV) Project to Cochin Shipyard. The order by Cochin Shipyard is to be executed by Hindustan Aeronautics (HAL) between FY26 to FY29.