India Financial News

Nifty Bank closed above 47,000 on Thursday after 10 sessions. The index had closed at 47,282 on March 12. The Nifty Bank gained 338 points to close at 47,124, while on the weekly front, the index rose 0.5%. The Nifty50 gained more than 200 points to close at 22,326 on Thursday.

The Thriving Global Market for Used Cars Among the car models, the Renault Kwid, Grand-i10, and Baleno emerged favourite among women buyers aged between 30-40 years. "'Lady Luck' promotion, offered during the month of March, featured exclusive discounts of up to ₹25,000 on car purchases.

Hindustan Aeronautics Limited (HAL) on Thursday successfully completed the first flight of indigenous light combat aircraft (LCA) Tejas Mark 1A fighter jet in Bengaluru, news agency ANI reported “First flight of the Made in India indigenous LCA Mark 1A fighter aircraft has been completed in Bengaluru by the Hindustan Aeronautics Limited today," the agency quoted HAL officials as saying. “The aircraft was airborne for 15 minutes during its first flight," the officials added. According to an India Today report, the fighter aircraft is likely to be deployed at Nal airbase in Rajasthan’s Bikaner near the Pakistan border.

Congress leader Shashi Tharoor said he is shocked to learn about the decision while also adding that India is built on a system of mutual respect amongst religions and faiths. “I am shocked. As you know in our country, we've built a system of mutual respect amongst religions and faiths and particularly respect that people deserve for their special days according to their religious traditions.

Also Read: Update FASTag KYC before March 31 deadline to avoid deactivation; Check steps, other details here 1. Tap on the ‘FASTag Recharge’ option in the ‘Bill Payments’ section. 2.

New Delhi, March 22, 2024: The second edition of the Trans Employment Mela 2024 witnessed remarkable success, with over 227 candidates from the transgender community participating. The recruitment is set to increase by 100% compared to its inaugural edition in 2023. Hosted by The TWEET Foundation and InHarmony, in collaboration with the Ministry of Social Justice and Empowerment (MoSJE) and the National Institute of Social Defence (NISD), the event was held on March 22nd, 2024, at The Welcome Hotel by ITC in New Delhi.

Bloomberg reported. According to Rajan, India is making a big mistake in believing the 'hype' around its strong economic growth, adding that it will take several years of hard work to make it real. The economist was of the view that for a country like India, it is vital to first improve its structural problems to meet its true potential.

1. CoinSwitch: CoinSwitch is the leading cryptocurrency trading app in India, with over 2 crore users. The platform is backed by some of the world’s leading investors, including a16z, Tiger Global, and Sequoia Capital India.

Canadian authorities have filed a third “unexplained wealth order” application with the British Columbia Supreme Court targeting the co-founder of QuadrigaCX Michael Patryn to explain how assets were acquired.

Andhra Cricket Association has served a show-cause notice to Hanuma Vihari a month after the India batter accused the governing body of unceremoniously removing him from captaincy and vowed not to play for the state again. However, Vihari is yet to respond to the notice which was served after the ACA Apex Council meeting a few days ago. «Yes, we have served him a show-cause notice and we are awaiting his reply,» an ACA official told PTI on conditions of anonymity. However, the official said the association did not want to prolong the issue.

lithium and copper resources, a government source said, as rapid economic expansion and New Delhi's efforts to speed up the energy transition stoke demand for critical minerals. Chile is a key target as it is the world's biggest supplier of copper and the second-biggest producer of lithium, which are essential for electric vehicle batteries and renewable energy systems in the push away from fossil fuels. As part of India's drive to explore overseas for mineral assets, state firms National Aluminium Company, Hindustan Copper and unlisted Mineral Exploration and Consultancy have set up a company called Khanij Bidesh India (KABIL).

Digitalisation of business, when companies increasingly use digital tools to create efficiencies, understand the market, and reach out to the customer, is gathering pace even after the pandemic which gave a booster shot to e-commerce. India's fast moving consumer goods (FMCG) companies are increasingly betting on digital advertising to reach customers.

Rajnath Singh on Thursday said India and its borders are «totally secure» and the people of the country should have full faith in the armed forces. During a fireside chat on the concluding day of the Times Now Summit here, while responding to a question on the criticism of the Agniveer scheme, the minister said such questions have «no standing» and underlined that everyone will accept that the armed forces should have a young profile. During the event, the Union minister also shared anecdotes from his nearly 50-year-long political journey. Asked how he reacted to questions raised by many, including members of the opposition, on the India-China border issue, Singh said they never made him uncomfortable.

As the financial year 2023-24 is set to draw to a close in a matter of few days, there are a raft of personal finance deadlines that you may want to apprise yourself of.

IPO of Jay Kailash Namkeen opened for subscription earlier today and will close on April 3. The company aims to raise about Rs 12 crore through the SME IPO and list the shares on the BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Footprints, an early childhood education and childcare services has unveiled its expansion strategy. The company aims to add up to 7 centers in Gurgaon and increase its capacity to over 2000 children, reaching 80 centers in Bengaluru and 100 in Delhi. Footprints, the tech-enabled preschool brand in India, is about to go through a significant expansion. Their goal is to reach 350 centers by 2025 and secure a top three position with a projected revenue of Rs 275 crore, concentrating on Tier-1 and 2 cities. In a statement, Footprints says it has identified strategic areas for growth, focusing on tier-1 and select tier-2 cities with a high density of urban families. These locations fit with Footprints' educational offerings and show a strong demand for early education. By the end of 2025, Footprints intends to almost quadruple its present footprint, going from 20 cities to nearly 40 cities in India.

K2 Infragen opened for subscription earlier today and will close on April 3. The company aims to raise about Rs 40 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Congress on Thursday attacked the Modi government after it notified revised MGNREGS wages for 2024-25, saying the daily wage rates in all states are well below the Rs 400 a day promised by the party under its 'Shramik NYAY' guarantees. The Union government has reportedly notified the revised wages under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS). In a post on X, Congress general secretary Jairam Ramesh said MGNREGA wages are revised annually with effect from April 1. «For 2024/25, the Modi Government has just announced revised MGNREGA wages. Leaving aside the issue of whether this violates the spirit of the Model Code of Conduct in view of the forthcoming elections, the announced daily wage rates in ALL states are well below the Rs 400 a day, which is part of the 'Shramik NYAY' Guarantees of the Indian National Congress,» he said.

Times of India has stated. As per the report, last week on arrival in India, the pilot had tested positive for consumption of alchol on the breathe analyser.

BSE on Thursday, March 28, after brokerage firm Kotak Institutional Equities (Kotak Securities) initiated coverage on the stock with a buy recommendation. India Shelter share price opened at ₹608.65 against its previous close of ₹585.60 and soon rose about 5.7 per cent to hit the level of ₹618.75. Around 10:15 am, the stock traded 5.07 per cent higher at ₹615.30.

Kangana Ranaut, who is set to contest the Lok Sabha election 2024 from Himachal Pradesh Mandi's Mandi on a BJP ticket, sought to clarify the controversy surrounding her past ‘soft porn star’ comment regarding Urmila Matondkar. During an interaction at the Times Now Summit 2024 on Wednesday, Kangana said, “I am not justifying anything.