India Financial News

Stock market today: On the last trade session in FY24, the Indian stock market witnessed a decisive intraday upside breakout. The Nifty 50 index went up 203 points and ended at the 22,326 level, the BSE Sensex shot up 655 points and finished at the 73,651 mark whereas the Bank Nifty index surged 338 points and closed at the 47,124 level. In the broad market, the small-cap index gained 0.33 percent while the mid-cap index scaled 0.62 percent north on the last trade session of FY24.

How to download JEE Main Session 2 admit card Step 1: Visit the official website jeemain.nta.ac.in. Step 2: Now, open the activate link stating ‘Session 2 admit card’ Step 3: Enter your application number, date of birth and log in.

Nishikant Dubey, his wife, and others for allegedly usurping a private medical college and hospital through fraudulent means in the Deoghar district of Jharkhand, said police on Sunday. The BJP leader is contesting from the Godda constituency in the upcoming Lok Sabha elections scheduled in seven phases beginning on April 19. One Shiv Dutt Sharma filed a formal complaint with the Jasidih police station in the Deoghar district alleging that Dubey and his wife usurped his hospital through auction by misappropriating documents related to his institution and using Baba Baidyanath Medical Trust affiliated with them, PTI reported.

Infosys: The IT firm is set to receive a tax refund of ₹6,329 crore from the income tax department. However, the company is simultaneously facing a significant tax liability of ₹2,763 crore according to assessment orders. These orders are based on various provisions of the Income Tax Act of 1961.

Finance minister Nirmala Sitharaman has hinted that India’s economy will see gross domestic product (GDP) expand 8% or more in the three months ended 31 March. “Hopefully, the fourth quarter… will also have (growth of) 8% or above 8%, resulting in 2023-24 having an average growth in GDP of 8% or over 8%," she said at a Mint summit on Saturday. This sends an optimistic signal on our post-pandemic growth momentum.

Arvind Kejriwal, who is currently under ED custody in an excise policy-linked money laundering case, will be produced before the city's Rouse Avenue court at 11 am today, April 1. The court on March 28. extended Kejriwal's ED custody till April 1.

Read here: Week Ahead: RBI Policy, auto sales, Q4 updates, global cues among key market triggers in first week of FY25 On Thursday, the Indian stock market indices ended sharply higher amid positive global cues, ending the financial year 2024 with robust gains. The Sensex spiked 655.04 points, or 0.90%, to close at 73,651.35, while the Nifty 50 settled 203.25 points, or 0.92%, higher at 22,326.90. The benchmark equity indices wrapped up the financial year 2023-2024 with notable gains as the Nifty 50 soared by 29%, while the Sensex jumped 25% during FY24.

The coming general election will not only determine the victory or defeat of political titans but will also serve as a referendum on the introduction of new values into Indian politics. One can draw parallels between the upcoming election and India’s first general election of 1952. It had been just five years since Independence.

Top Events of the Day: India is all set to witness high-octane political, educational, and financial events including Arvind Kejriwal's hearing in an excise policy case, JEE Main Session 2 admit card, and the US visa fees hike today, April 1. Take a look at the top events of the day below, - Chief Minister Arvind Kejriwal, who is currently under ED custody, will be produced before Delhi's Rouse Avenue court at 11 am today, Monday. On March 28, the AAP supremo was sent to Enforcement Directorate custody till April 1.

Garena Free Fire Max redeem code for April 1, 2024: Garena Free Fire Max is an enhanced version of Garena Free Fire, a battle royale game banned by the Indian government in 2022. Since its launch in India, Free Fire Max has made a name for itself amongst the Indian masses owing to its immersive gameplay and intensive graphics. The release of daily redeem codes by the developers, 111 Dot Studios, only helps add to the excitement with the promise of assured free rewards like skins, diamonds and more.

Buy or sell stocks: On the last trade session in FY24, the Indian stock market witnessed a decisive intraday upside breakout. The Nifty 50 index went up 203 points and ended at the 22,326 level, the BSE Sensex shot up 655 points and finished at the 73,651 mark whereas the Bank Nifty index surged 338 points and closed at the 47,124 level.

stock market, but eventually lose it all. They are then forced to flee or face jail time. I mentioned Shivraj Puri, who was first arrested in 2011 for scamming Citibank customers, in Gurugram, out of about Rs.400 crore while working as a relationship manager.

ICICI PRU BLUECHIP BASIC FACTS DATE OF LAUNCH 23 MAY 2008

Bangladesh Prime Minister Sheikh Hasina is fighting back against the Opposition BNP’s India-Out campaign and has advised the BNP leaders and their families to first ban India made products in their homes before launching the malicious campaign. Last week Hasina launched an attack on BNP’s “India-Out” campaign on the occasion of the country’s Independence Day on March 26 advising the leaders of the Opposition party to first shun India made products at home and highlighted that even most kitchen items in Bangladesh are bought from India. “How many Indian saris do their wives have?” Hasina asked in a reference to BNP leaders at an event in Dhaka organised on the occasion of the country’s Independence Day observed on March 26.

hospitality sector witnessed a record $ 401 million worth of investment activity in 2023, a nearly fourfold rise compared to 2022, as per data cited in JLL India’s 'Hotel Investment Trends — India 2023' report shared exclusively with ET. JLL said 2023 saw 22 hotel transactions, which is the largest number of assets traded in the last decade, with high net worth individuals and institutional investors contributing the most to transaction activity. The report mentions that January to March, the first quarter of calender year 2024 has seen a significant 80% year-on-year increase in hotel transaction volumes, reaching $ 78 million.

₹75 crore investment in an air cooler manufacturing plant, prioritizing the segment amid stiff competition in air conditioners and subdued demand. Thompson, which has built enough inventory, plans to expand its capacity next year to further capitalize on the air coolers segment. “All three segments, including coolers, air conditioners and refrigerators, are growing because penetration of the appliances is still less," Avneet Singh Marwah, chief executive, Super Plastronics Pvt.

Bank Holidays in April 2024: Banks will remain closed on April 1 for annual closing in most states across India. There are a few exceptions such as Chandigarh, Himachal Pradesh, Meghalaya, Mizoram, Sikkim, and West Bengal. The new financial year 2024-25 will begin on April 1 and all the banks are busy completing their fiscal year-end formalities.

The majority of these are first-time job seekers in the 19-24 years age group, said government officials and experts aware of the details. Apart from this, about 300,000 people have been employed indirectly, they estimated. Companies that get incentives under the PLI scheme need to submit employment creation data to the government.

RBI) is likely to keep interest rates unchanged this week as it weighs both robust domestic economic growth prospects amid prickly food inflation and a delayed start to the now-evident shallower monetary easing cycle in the US, where policymakers have already announced fewer reductions next year than indicated by earlier dot plots. An ET poll of 14 respondents said the central bank's Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 6.50% at the conclusion of the panel's three-day meeting on April 5. This would mark the seventh consecutive time the rate-setting committee is expected to maintain the repo rate at its current level.

India is looking to increase the export of agricultural value added products by forging partnerships with retail chains and supermarkets of countries like the United Arab Emirates. The commerce department has identified 12 value added food items, including jams, jellies and marmalades, alcoholic beverages, fruit pulp products, dehydrated vegetables and ready to eat products for the purpose. «We plan to concentrate on a few products and push their exports. These are some value-added goods which we are sure would give results,» said an official, who did not wish to be identified. Biscuits, confectionery, mango pulp and value-added products of mangoes, and preserved gherkins and cucumbers are also part of the list. «There's no target set for the export of these 12 categories. We expect a push from the free trade agreements signed recently,» the official said, adding that the plan entails promotions, stakeholder consultations and state tie-ups with supermarkets and retail chains, especially in the UAE, the EU and the US.

«Talks are on with the United States (US), Australia, and United Kingdom (UK), South Korea, and Japan for processing technology. Brazil and Argentina are also positive about collaborating with India,» a senior mines ministry official told ET. According to another official aware of the plan, agreements with countries are being lined up and will soon be signed.