India Financial News

Election Commission of India on Wednesday issued show cause notice to BJP Bardhaman Durgapur candidate and Medinipur MP Dilip Ghosh for his remarks against West Bengal Chief Minister Mamata Banerjee, hours after a ten-member delegation met the Chief Electoral Officer in West Bengal. The ECI has sought a reply from him in 48 hours. The ECI has mentioned in its notice that the comments made by Ghosh were «offensive» and "insulting" and prima facie violative of Model Code of Conduct and advisory dated March 1, 2024. Ghosh will have to reply to the Commission by 5PM on March 29, failing which the Commission will take appropriate action against him. Meanwhile, BJP candidate Dilip Ghosh today apologized for his comments, saying his party and people have called it «unparliamentary», after BJP National President JP Nadda show caused Ghosh last night.

pre-owned car facility, Audi Approved: plus in Guwahati, Assam. The inauguration of Audi Approved: plus in Guwahati signifies an addition to Audi India's retail presence, now harboring a total of 26 such pre-owned car facilities in India. Balbir Singh Dhillon, Head of Audi India said, “Audi Approved: plus witnessed a growth of 62% in 2023. We continue to expand our retail business amidst growing demand for luxury cars in the country and are confident of continued growth this year. The inauguration of our twenty-sixth Audi Approved: plus, facility reiterates the demand and growth opportunity and the strength of the brand. Over the next nine months, we will add four new pre-owned car showrooms – thus, taking the total count to thirty Audi Approved: plus, facilities by the end of 2024.”

Indian crew manning a cargo ship, Dali, which collided against a bridge in Baltimore has suffered a «minor injury» while the rest are all safe aboard the vessel, owners of the Singapore-flagged ship said on Wednesday. The 2.6km-long, four-lane Francis Scott Key Bridge over the Patapsco River in Baltimore, came crashing down after Dali, a 984-foot cargo ship, collided against it in the early hours of Tuesday.

Palanpur town of Gujarat's Banaskantha district on Wednesday convicted jailed former IPS officer Sanjiv Bhatt in a drug seizure case dating back to 1996. The court is expected to pronounce the quantum of punishment on Thursday afternoon. This was the second conviction of Bhatt in a criminal matter — the first one was in 2019 when he was found guilty in a custodial death case by a Jamnagar court.

Arvind Kejriwal by ED in excise policy case. Meanwhile, the Election Commission of India issued a show cause notice to Congress leader Supriya Shrinate for her derogatory remarks against Kangana Ranaut. As March 27 comes to an end, here are top 5 events that made headlines today.

₹9,650 crore and was approved by a majority of the lenders. The plan has to be implemented within 90 days of the date of the order. According to the Irdai letter, during the meeting on 12 December, the administrator was “requested to arrange the details of proposed transferee IIHL, IIHL BFSI (India) and AELLP (Aasia Enterprise LLP)".

demat accounts, driven by the active participation of retail investors in Indian stocks, bonds, and mutual funds. This trend reflects a shift in investment preferences away from traditional fixed deposits towards diversified portfolios. Over the past decade, Indian households have increasingly allocated their financial savings towards equities, indicating a sustained upward trajectory in this aspect.

Mint explains why such a unit could be cause for much conflict. The fact-checking unit (FCU) was notified under the Centre’s Press Information Bureau (PIB), giving the government body power to flag any information about the government and its affiliates that it believes to be fake or misleading. The powers of the FCU were established in the 2023 amendment of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021, which said that if a central fact-checker flags any information as fake, social media platforms will need to remove it within 36 hours.

1. Neil Patel Digital India: Neil Patel Digital India, led by the renowned marketing guru Neil Patel, NP Digital India stands at the forefront of digital innovation, offering a comprehensive suite of digital marketing services tailored to meet the unique needs of businesses in India and beyond. With a focus on SEO, content marketing, and conversion rate optimization (CRO), NP Digital India leverages its expertise to drive measurable results and propel brands towards success in the digital realm.

Maruti Suzuki India Share Price Today: Shares of India's largest car manufacturer were locked at over three per cent upper circuit to hit a 52-week high mark of ₹12,724.95 apiece on the BSE earlier today as the firm's market capitalisation (Mcap) breached ₹4 lakh crore-mark in intra day trade. On Wednesday, March 27, shares of Maruti Suzuki opened at ₹12,265.05 and gained 3.74 per cent to hit a 52-week high of ₹12,724.95 apiece on the BSE. Shares settled 2.16 per cent higher at ₹12,520.30 apiece on the BSE.

demat and trading accounts. They regularly introduce new features to make trading easier and save users' time. In this article, we'll explore the benefits provided by a demat account beyond the basic buying and selling of shares.

(see chart). “While both cars share the same off-road features, there are notable differences," Dhillon said. “Thar offers a more powerful engine and larger size.

₹426 crore ($51 million) as per IQVIA MAT February 2024. Sanofi said it will continue to own, manufacture and import them to the country. M.V.

₹7.5 trillion in the first half of the upcoming financial year. The borrowing for FY25 would be done by issuing dated government securities along with ₹12,000 crore of sovereign green bonds. In the interim budget for FY25, the government pegged its borrowing from the market at ₹14.13 trillion.

Alberta Investment Management Corp., one of the largest Canadian institutional investors, is increasing its Asia exposure by tapping into investments including infrastructure.

India should be satisfied with the current growth rate unless the external environment improves, Member of Economic Advisory Council to the PM, Sanjeev Sanyal, said on Wednesday, terming economic expansion in the range of 7 per cent perfectly good. Sanyal further said it was necessary to protect the hard-earned macroeconomic stability. «Now look, it is possible for us to hit double-digit growth, but I would actually be rather careful about it. This whole game is about compounding growth,» Sanyal said while speaking at the Times Now Summit. India's economy grew at better-than-expected 8.4 per cent in the final three months of 2023, logging the fastest pace in the past one-and-a-half years.

Women are now not only running startups but are also increasingly occupying positions on company boards, said finance minister Nirmala Sitharaman in New Delhi. «In 2018, only 13.8% of women were reaching the boards; today, that figure has gone up to 18.3%,» she said on Tuesday. According to Sitharaman, out of the 111 unicorns created in India, 20 of them have women in leadership positions.

Reserve Bank of India on Wednesday detailed the schedule for meetings of the Monetary Policy Committee (MPC) for the next financial year, with the first such three-day meeting to be held from April 3-5. The next meeting will be held from June 5-7 while the August meeting is scheduled from the 6th to the 8th of that month. The meeting schedule for the second half of the next financial year is as follows – October 7-9, December 4-6 and February 5-7, the RBI said.

Crizac has filed its draft red herring prospectus (DRHP) with the market regulator to raise funds through an IPO. The IPO, with a face value of Rs 2 per equity share, is entirely an offer for sale of up to Rs 1,000 crore by the promoter selling shareholders. Under the OFS, Pinky Agarwal and Manish Agarwal will offload part shares of the company

Reserve Bank of India on Wednesday announced the schedule for future meetings of its Monetary Policy Committee (MPC), with the first three-day meeting scheduled for April 3 till April 5. Wednesday's dates are for the next financial year, with meetings scheduled all the way till February, next year. The second meeting will be held from June 5-7 while the next meeting is scheduled between August 6-8. The meeting schedule for the second half of the next financial year is as follows – October 7-9, December 4-6 and February 5-7, according to the RBI's announcement.

Maruti Suzuki is planning to launch its first electric car next year. Meanwhile, a senior executive of the automaker today revealed the company's EV plan at the Times Now summit. Shashank Srivastava, senior executive officer (marketing and sales) at Maruti Suzuki India, said that EV penetration is expected to reach about 5 percent next year from the current 2.1 percent. He mentioned that EV penetration will dramatically increase thereafter. Srivastava stated that the total EV penetration in India will reach around 20 percent by 2030, and Maruti is planning its EV strategy accordingly.