India Financial News

demat account and trading account with registered depository participants. Alternatively, investors can opt for participation in stock investing through mutual funds without the necessity of opening a demat account. However, those interested in direct trading are mandated to open a demat account.

Bloomberg, said that the biggest challenge a new government must grapple with after the 2024 Lok Sabha elections is improving the education and skills of the workforce. Without fixing that, he said, the country will struggle to reap the benefits of its young population.

ICRA said: "India is a large consumer accounting for about 4-5% of the global consumption. Accordingly, India along with China and other large economies would impact overall demand and demand growth and Opec would be watching out for demand growth of the country." "However even considering global peak oil demand there is still a long way to go, so capacity and production increases by Opec are being done.

Rail Vikas Nigam Ltd saw a 7.2% surge in its shares on Tuesday, March 26, following its agreement valued at ₹229 crore with the Airports Authority of India (AAI). In a recent filing with the exchange, the company disclosed the execution of a Memorandum of Understanding (MoU) with the Airports Authority of India. This MoU is geared towards streamlining the development of a subway or underpass, intended to link the operational area to the residential colony of the statutory body in Kolkata.

₹542 to ₹570 per equity share of face value of ₹5 each. The issue will open for subscription on Wednesday, April 3 and will close on Friday, April 5.

index funds. There are multiple benefits to incorporating index funds into your investment approach. Here are some of the primary advantages: Diversification: Index funds provide immediate diversification by tracking a specific market index, which reduces risk compared to selecting individual stocks.

To claim income tax exemption for fiscal 2023-2024, one must make the necessary investments before March 31. The investments made after this date will enable tax benefits in the following year only.

CAD) narrowed in the October-December quarter largely due to higher service exports, the Reserve Bank of India said on Tuesday. The current account deficit stood at $10.5 billion, or 1.2% of GDP, in the third quarter of fiscal 2023-24 compared with $11.4 billion or 1.3% of GDP in the preceding quarter. The merchandise trade deficit at $ 71.6 billion was marginally higher than $ 71.3 billion during Q3:2022-23.

pioneering vaccine technology to BioMed Pvt. Ltd., a manufacturing company specializing in high-quality vaccines. This technology entails a recombinant vector vaccine designed specifically for combating the classical swine fever virus in pigs and wild boars, filling a significant gap in India's vaccine landscape. This first recombinant virus-based vaccine for pigs harnesses a reverse genetic platform pioneered and refined at IIT Guwahati. Swine fever, a highly contagious disease among pigs, poses a severe threat with a very high mortality rate, although it does not affect humans. In India, instances of this disease have been frequently observed in northeastern states, as well as in Bihar, Kerala, Punjab, Haryana, and Gujarat, among others.

As Ather Energy gears up to launch its family scooter shortly, Ravneet Phokela believes that the stage is set for the next phase of rapid growth and expansion to new regions across India. “With this new offering, Rizta, we will have the relevant customer base in place. We are very well distributed across the South and this electric scooter will help us grow in the North and West too,” Phokela, Chief Business Officer of Ather, told ETAuto.

“After we read reports of the water crisis in Bengaluru, we wrote to the IT companies offering them all facilities as well as plenty of water. We have 44 rivers, big and small, in our state, so water is not an issue at all,” Kerala Industries & Law Minister P Rajeeve told ET on Tuesday.

From sturdy materials built to withstand the elements to ergonomic designs for optimal comfort, we've handpicked a selection of chairs that combine style and functionality. Join us as we explore a variety of options to suit every taste and budget, helping you create the perfect outdoor oasis for relaxation and entertainment.

Honasa Consumer Ltd.(up 2.78%), Emami Ltd.(up 2.60%), Britannia Industries Ltd.(up 1.99%), Euro India Fresh Foods Ltd.(up 1.65%), Parag Milk Foods Ltd.(up 1.46%), Colgate-Palmolive(India)Ltd.(up 1.39%), Jyothy Labs Ltd.(up 0.83%), Nestle India Ltd.(up 0.50%), Heritage Foods Ltd.(up 0.42%) and Mrs. Bectors Food Specialities Ltd.(up 0.17%) stood among the top gainers.

Congress on Tuesday accused the ruling CPI(M) in Kerala of using the CAA for electoral gains, and said it is trying to alienate Muslim voters from the Congress on the «lie» that the grand old party did not oppose the controversial law Separately, Congress leaders asserted that if the INDIA front, of which the Left parties are a part, comes to power, the legislation will be «thrown in the dustbin». Congress Working Committee member and MP from Thiruvananthapuram Shashi Tharoor said that the Left front in Kerala is spreading «lies» and «distorting» the facts about the grand old party's role in opposing the Citizenship (Amendment) Act (CAA), right from its introduction as a bill in Parliament. Tharoor said that the Communist party, «which contributed minimally» to the freedom struggle during its crucial years, is today «trying to reap its benefits for political points in the most disgracefully dishonest way». Similarly, Leader of Opposition in the state assembly V D Satheesan accused Chief Minister Pinarayi Vijayan of misusing the CAA for political gains. Satheesan said that Wayanad Congress MP Rahul Gandhi and various other UDF MPs have spoken against the CAA, details of which have been forwarded to Vijayan. Despite that, the CM is lying and misusing the citizenship law to attract votes from the minorities, especially Muslims, the opposition leader alleged.

Sanjeev Sanyal, an economist and advisor to Prime Minister Narendra Modi, has ignited a debate by suggesting that preparing for the UPSC exam might be an inefficient use of time unless someone is genuinely interested in administrative roles. Instead, he argues that India needs more entrepreneurs aiming to become billionaires like Elon Musk or Mukesh Ambani. He suggests that the energy spent on preparing for the UPSC could be better utilized in fields such as sports, entertainment, medicine, entrepreneurship, or science. Sanjeev Sanyal, a member of the Economic Advisory Council to the Prime Minister (EAC-PM), expressed his views during "The Neon Show" podcast hosted by Siddhartha Ahluwalia. He advocates for a shift in mindset among young people. He argues that too many young individuals are investing their prime years preparing for the UPSC exam, which he believes yields limited benefits given the small number of positions available. “I'm not saying you don't want people to take the exam. Yes, every country needs a bureaucracy, that's perfectly fine. But I think lakhs of people are spending their best years trying to crack an exam where a tiny number of a few 1000 people actually are going to get it makes no sense,” he said.

Australia has released details of the schedule for their upcoming home summer, which includes the visit of India for the five-match Test series with Perth to host the opening Test. The five-match Test series against Rohit Sharma's side will commence in Perth on November 22, with further Tests to be held in Adelaide (day-night), Brisbane, Melbourne and Sydney right up until the start of the New Year. It will be the first time since the summer of 1991/92 that Australia and India have played a five-match series as part of the Border-Gavaskar Trophy, which will provide both teams with a good opportunity to further cement their place in next year's ICC World Test Championship final.

PIL) has been moved in the Delhi High Court, praying for a direction to restrain Chief Minister Arvind Kejriwal from issuing orders while in police custody of the Directorate of Enforcement (ED). Plea also seeks direction not to provide a typist, computer printer, etc. to Arvind Kejriwal while he is in the police custody of ED. Also, to direct the ED to register a complaint, investigate and prosecute Arvind Kejriwal as to how the directions or order issued by him while in police custody reached the possession of Delhi Minister Atishi. There is a likelihood that the order issued by Kejriwal in the capacity of Chief Minister of the NCT of Delhi may influence a fair and proper investigation. A fair and proper investigation is always conducive to the ends of justice and to establishing the rule of law.

Aadhaar card. Serving as a universally recognized identification, it's indispensable for various financial transactions. The Aadhaar card is not a citizenship document but serves as proof of identification in India for foreign nationals. The application procedure and status updates are similar to those for Indian citizens. Here's how NRIs can get their Aadhaar Cards and all the documents needed.

ALSO READ: Zerodha's Nikhil Kamath on being a school dropout: ‘Felt insecure…’ The company was valued at approximately $34 million post-funding. The company will use the funds towards enhancing the talent pool, developing tech-enabled customer experiences, bolstering product and design R&D, improving farm-level infrastructure for speciality green coffee and fine cacao beans, and launching new ‘ready to drink’ coffee products. Subko is also planning to launch flagship experience cafes in different formats across select cities in India and globally.

Stock market today: Zomato share price hits lifetime high. Experts see IPL 2024 link India's debt market is poised to receive a significant influx of up to $40 billion in fresh capital, with JPMorgan Chase & Co slated to incorporate the nation's bonds into its indexes starting June. Presently, foreign investors hold only a small fraction of Indian debt.

Kejriwal has sought immediate release on account of the arrest and the subsequent remand to ED being “illegal". The Delhi CM was on March 21 and was subsequently remanded to the ED's custody till March 28 "for his detailed and sustained interrogation". Kejriwal, in his plea, said that he is a "vocal critic" of the ruling Bharatiya Janata Party (BJP) at the Centre, an opposition leader and a partner in the INDIA bloc, hence, the ED, which is under the Union government's control, has been "weaponised".