India Financial News

RCB vs KKR IPL 2024 Live Score: The stage is set for another explosive clash at the M Chinnaswamy Stadium, Bengaluru where Faf du Plessis-led Royal Challengers Bengaluru will go against Shreyas Iyer-led Kolkata Knight Riders.

₹4 trillion in the current fiscal, as government departments have been actively procuring goods and services through the portal, additional secretary in the commerce ministry Anant Swarup told Mint. The GMV is up by ₹2 trillionfrom the last fiscal year. The state-run procurement portal offers a range of 12,070 products and more than 320 services to over 1.5 lakh government clientele.

₹19,774 crore as paid-up capital, compared to over 1,59,500 companies registered in FY23 with a paid-up capital of ₹18,132.16 crore. Paid-up capital is the shares subscribed and paid for, which can be further augmented. ONGC Green Ltd., PFC Infra Finance IFSC Ltd., IRCTC Payments Ltd., Indbank Global Support Services Ltd., Jamnagar Transmission Ltd.

upcoming cars expected to debut in April this year. Among the key highlights is Toyota Motor's much-anticipated unveiling of the Urban Cruiser Taisor, a compact SUV that takes inspiration from the Maruti Suzuki Fronx. This marks Toyota's fourth collaboration with Maruti Suzuki in India, underscoring the strategic alliance between the two automotive giants.

In this article, we have curated a list of the best toothbrush holders under 500 in India which are available on Amazon within your budget. We have ensured to add a variety of toothbrush holders that can match a wide range of decors. Dive into the article, find your favourite one and place the order using the given buying link.

INDIA bloc of opposition parties are coming together to flex their muscles. On Sunday, they are organising a protest rally in Ramlila Maidan in Delhi against the Delhi Chief Minister and AAP leader Arvind Kejriwal's arrest where they expect more than 1 lakh people to turn up. Since last year, the INDIA bloc has struggled to come together in a joint rally. A joint INDIA rally in Bhopal was announced for the first week of October last year on the issues of “rising prices, unemployment and corruption of the BJP government” right before the Madhya Pradesh elections but Congress leader Kamal Nath cancelled it. While two MPs of Trinamool Congress confirmed their participation, the AAP and Congress functionaries have said confirmation was being taken from all other alliance partners on their presence at the rally. The senior leadership of the AAP, Congress and other partners are likely to participate in the show of strength. The AAP and Congress eye the Ramlila Maidan protest on March 31 as an opportunity to create synchronisation among their Delhi cadres ahead of the Lok Sabha election.

Shapoorji Pallonji Group’s flagship infrastructure engineering and Construction firm, Afcons Infrastructure Limited (AIL), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). According to the draft papers, the IPO, with a face value of Rs 10 per equity share, is a mix of fresh issue of shares of Rs 1,250 crore and an offer for sale of up to Rs 5,750 crore by Goswami Infratech Private Limited.

Zerodha's CEO Nithin Kamath today shared insights on the debate between investing in active or passive funds. Kamath, speaking on X, said «It's getting increasingly harder for active funds to outperform their benchmarks.» «It's a no-brainer to opt for low-cost index funds as the core of your portfolio. You can complement that with other funds, but the core should be passive funds,» Kamath said on X (formerly Twitter).

Adani Green Energy on Friday announced the beginning of the operation of its 775 megawatt solar power projects in Khavda, Gujarat. The capacities have been operationalised after securing relevant clearances, Adani Green Energy Ltd (AGEL) said in an exchange filing. Adani Green Energy through its various wholly-owned stepdown subsidiaries has operationalised an aggregate 775 MW solar power projects at Khavda, Gujarat, it said. «Based on the relevant clearances, it was decided at 00:12 am on March 29, 2024 to operationalize the plant and commence power generation from March 29, 2024,» the company said.

insurance policies in electronic format. Very similar to how investors hold shares in a demat account. In a notification «Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers Regulations, 2024» dated March 20, 2024, the Insurance Regulatory and Development Authority of India (IRDAI) said, «Every insurer shall have in place a Board approved policy for insurance policies issued in electronic form...» «Irrespective of whether the proposal is received in electronic form or otherwise, every insurer shall issue insurance policies only in the electronic form,» the regulator said. To issue policies in the electronic format, the insurers must fulfill two conditions: a) Provided that the authority, on being satisfied that it is in the interest of policyholders and for orderly growth of the insurance industry, allow such exemptions to this requirement; b) Provided further that the insurer shall mandatorily seek the choice of the prospect in the proposal form for availing physical policy document, IRDAI said.

Personal loans fall under the category of unsecured loans, meaning they lack collateral such as a car or house to back them up. While this makes them more accessible compared to secured loans, they often result in higher interest rates.

As the tax-saving season nears its end, many taxpayers turn to tax-harvesting strategies to reduce their tax burden. For those unfamiliar, this approach involves selling investments that are currently at a loss (purchased at a higher price than their current value) to offset the capital gains taxes owed on profitable investments.

In the realm of personal loans, the interest rate structure stands out as a crucial consideration. Borrowers typically encounter two primary options: Fixed and variable interest rates, each presenting its array of benefits and considerations. 

Crypto, the buzzword in the world of finance. There are currently around 31 million users of these digital assets in Europe, according to estimations from cryptocurrency payment gateway TripleA.

Bambrew, a cleantech startup operating in the sustainable packaging space, on Friday said it has raised Rs 60 crore (about $7 million) in Series A funding round led by Blume Ventures. The funding was a mix of equity and debt. The equity element totalled to about Rs 30 crore, a company spokesperson told ET.

Giridhar Aramane on Friday inaugurated a hovercraft maintenance unit of the Indian Coast Guard at Okha in Gujarat's Devbhumi Dwarka district, said an official. Hovercraft are used in amphibious operations. Director General of the Indian Coast Guard Rakesh Pal and other senior ICG officials were also present at the inaugural ceremony, the maritime security force said in a release. «The Hovercraft Maintenance Infrastructure shall provide a fillip to the operational readiness in forward areas,» it said. Talking to reporters after the ceremony, Aramane said the Centre is committed to increasing the ICG's strengths and capabilities so that it can protect the Indian coastline without any trouble.

CBI court in Lucknow on Friday convicted seven people in the killing of former BSP MLA Raju Pal in 2005, a case in which murdered gangster-turned-politician Atiq Ahmad was also an accused, officials said. The proceedings against Atiq Ahmad, his brother and prime accused Khalid Azim alias Ashraf, and Gulbul alias Rafiq were abated after their death, they said. Raju Pal, a Bahujan Samaj Party (BSP) leader from Allahabad in Uttar Pradesh, was gunned down on January 25, 2005, as a result of political rivalry with Atiq Ahmad's brother Ashraf, whom he had defeated in the 2004 bypoll to the Prayagraj West seat. The BSP leader had lost the election to the seat to Atiq Ahmad in 2002 but when the latter vacated it after being elected to the Lok Sabha, Pal defeated Ashraf in the bypoll.

Archaeological Survey of India (ASI), continued on the eighth day amid heightened security arrangements. The security has been stepped up in view of the Friday prayers to be offered by the Muslim community members at the site, a police official said. Members of the ASI team reached the controversial complex around 6 am, carrying gadgets, bags and files with them. «In addition to the existing force, 35 additional policemen were deployed at the Bhojshala complex on Friday. In the past, around 1,600 people used to offer namaz at the site. But after the ASI launched its survey, around 2,400 people offered prayers there between 1 pm and 3 pm last Friday,» Superintendent of Police Manoj Singh told PTI over phone.

INDIA bloc parties in Bihar announced the seat-sharing formula for the upcoming Lok Sabha Elections on March 29. The Rashtriya Janata Dal (RJD) will contest 26 of the state's 40 Lok Sabha seats while the Congress will field candidates in nine seats. The Left parties will contest on five seats, as per the arrangement finalised.

Also Read: Retirement mutual funds: Why should you opt for these schemes? 3 key reasons explained The investment objective of the scheme is to provide capital appreciation and income to investors in line with their retirement goals by investing in a mix of securities comprising equity, equity-related instruments, REITs and InvITs, and fixed-income securities. However, there is no assurance that the investment objective of the scheme will be achieved.

Purvanchal Expressway, a 6-lane access-controlled highway connecting Ghazipur with the Uttar Pradesh capital, Lucknow. Yet, the town is known to rest of India for ‘Phatak’ – the sprawling home of the Ansaris, the family of the gangster-turned politician Mukhtar Ansari, who died of a cardiac arrest on March 28. In October 2023, two colleagues and I visited 'Phatak' for a story.