India Financial News

Also Read: Nifty 50, Sensex jump 1% each; why is Indian stock market gaining today? — explained with 5 critical reasons All 20 constituents of the index are currently trading in the green, with power financiers leading the charge. Power Finance Corporation saw a significant surge of nearly 6.8%, reaching an intraday peak of ₹385.85 per share, marking an end to a four-day decline.

₹3,024.90 on the NSE on March 4 of this year, Reliance share price has experienced some profit-taking. This month, the stock has witnessed a marginal decline of approximately one per cent, as of the closing on March 20. Also Read: Nifty 50, Sensex jump 1% each; why is Indian stock market gaining today? — explained with 5 critical reasons If the stock ends in the red in March, it will break the winning streak of the last four consecutive months.

Viksit Bharat Sampark’ with PM Modi's letter has been received by millions of Indians. The opposition has called PM Modi's Viksit Bharat Sampark letter to be a "blatant violation" of the model code of conduct.

Also Read: US Fed keeps benchmark rates steady at 23-year high-mark, projects 3 rate cuts in 2024: 5 key highlights The study investigates the impact of pandemic-induced fiscal expansions on inflation in select advanced economies (AEs) and emerging market economies (EMEs), controlling for supply-side factors. The empirical analysis suggests that countries with larger fiscal stimulus, on average, experienced higher post-pandemic inflation.

₹19,999. The Vivo T3 5G comes at a time when the Indian market has been graced with a plethora of mid-range devices recently, including the Realme 12 5G series, iQOO Z9 5G, Poco X6 Neo and more. Vivo T3 5G features a 6.67-inch Full HD+ AMOLED display with a resolution of 2400 x 1080 pixels, support for 120Hz refresh rate, 360Hz touch sampling rate, HDR 10+ certification and up to 1800 nits of peak brightness.

Rahul Gandhi on Thursday slammed the Bharatiya Janata Party (BJP)-led Centre and said that Congress bank accounts are frozen, hindering campaign work and support to workers and candidates. Rahul Gandhi termed this “criminal action done on Congress by Prime Minister Narendra Modi and Union Home Minister Amit Shah." As reported by ANI, Rahul Gandhi said during a press conference in New Delhi, “The idea that India is a democracy is a lie. There is no democracy in India today.

List of Purple Cap winners yearwise 2008-2023: Purple Cap is awarded to the highest wicket-taker in the Indian Premier League (IPL), every season. Only a couple of bowlers have won it twice so far. Let’s take a look at who all have won it over the years.

Stock market today: Following the bull trend in the Indian stock market post-US Fed meeting, the Nifty PSE index surged to the tune of 3 percent during the intraday session. The 51-stock index found strong buying support from PFC, REC, BHEL, SAIL, and BEL shares. Four PSU stocks — IREDA, IFCI, MMTC, and NBCC touched the upper circuit in this stock market rally.

Fighter movie OTT release: Riding on the massive success of Shah Rukh Khan’s Pathaan, director Siddharth Anand released his next film, Fighter. This action movie, produced by Marflix and Viacom 18 Studios, was released on the eve of Republic Day 2024. It was the first time Hrithik Roshan and Deepika Padukone played the lead roles together in a Bollywood film.

ITAT), Mumbai bench, a taxpayer Mukesh Harilal Mehta had claimed section 54 deduction under the Income-tax Act, 1961 in his Income-tax (I-T) return for the financial year 2014-15. The tax tribunal ruled that this assertion cannot be refuted due to an error made by the builder in assigning the apartment. The builder mistakenly allocated the apartment purchased by the claimant to another buyer. However, acknowledging this mistake, the builder assigned a similarly positioned apartment in the same building to Mehta, according to a Times of India news report. Click here for your complete tax-saving guide Mehta fulfilled all the necessary conditions. However, during assessment, the Income Tax (I-T) officer rejected the claim, citing the absence of a registered sale deed as evidence for the purchase of the new flat, stated ToI. Moreover, the particulars of the new flat stated in the possession letter differed from the one towards which payment had been made. The Income Tax Appellate Tribunal concluded that denying the exemption was unwarranted since Mehta shouldn't be penalized for the builder's error in allotting the flat, stated the ToI news report.

DBS Foundation has unveiled the 24 Businesses for Impact (BFIs) that have received the DBS Foundation Grant Award in the latest instalment of this flagship initiative. Five awardees are from India and will receive funding and access to a suite of opportunities, including networking and patient capital, to scale up operations, while collectively uplifting lives and livelihoods. These purpose-driven BFIs are working at the nexus of economic, environmental and social impact and their innovative solutions are a pathway to a more inclusive, low-carbon future. Project Baala, with its focus on sustainable menstrual solutions and literacy, aims to improve the health of women and girls in rural areas. Green Worms is an emerging circular economy enterprise generating employment for women, while Zerund Manufacturing is reshaping the building materials industry with eco-friendly solutions. Karo Sambhav is enabling a more circular economy by implementing collection and recycling solutions for electronic and other types of waste, while Swachh Sustainable Solutions (ReCircle) is championing a traceable supply chain for waste pickers.

fact check unit rules notification issued by the Union Government on March 20 till the Bombay High Court finally decides the challenges to the IT rules amendment 2023. The top court said that the validity of the rule involves serious constitutional questions and impacts the fundamental right of freedom of speech and expression. The Chief Justice of India said, «Till the disposal of the issue by the HC, we are desisiting to deal on merits which may foreclose assessment by the third judge. We are of the view that notification dated March 20, 2024, after rejection of application of interim relief, need to be stayed.»

Does this mean that all bank branches will be open on Sunday, March 31?

Lupin Ltd. traded at Rs 1608.15 on BSE at 12:33PM (IST) on Thursday, up 2.91 per cent. The stock quoted a 52-week low price of Rs 628.1 and a high of Rs 1703.8. Earlier in the day, the stock saw a gap up opening.

Mahendra Singh Dhoni's retirement, Virat Kohli's 16-year-itch, the second chance that life has offered Rishabh Pant and Rohit Sharma's bleeding heart will make for intriguing sub-plots in the annual carnival called the Indian Premier League starting on Friday. Dhoni, the 42-year-old evergreen captain, will once again smile wryly when asked if it's his last year. His heir apparent Pant, literally back from the brink after a life-threatening accident, will be desperate to show the world that he can still hit those one-handed sixes with elan. In between, he could also be slipping in those quotable quotes behind the stumps that are considered broadcast gold. Rohit will be the last person to show his scars hidden behind the typical 'Mumbaiya' nonchalance as he gets down to enjoying his evening dates at the Wankhede albeit without the captain's title. The partisan crowd would nonetheless look forward to those pulled sixes.

Showcasing strategies and a wealth of ideas, information, and insights, the ‘ETMarkets Emerging Investment Opportunities’ aligns itself with the vision of India's Amrit Kaal; an era holding the promise of significant growth, attracting 14 crore new investors with vast opportunities beyond traditional equities. This event offers a comprehensive platform to explore diverse asset classes like cryptocurrencies and real estate, empowering seasoned and new investors with essential knowledge and tools to navigate the evolving financial landscape. “This entire asset class moves rapidly, with constant changes occurring not only within the country and around the world but also in terms of technology and investor behaviour,” said Patel, the chief of Mudrex, a registered virtual asset service provider in India as well as the EU that has been in the cryptocurrency space for the last six-and-a-half years, kickstarting his presentation. The Bitcoin question and beyond: Regulation and taxation in the crypto universe

Mint. The lackluster consumer sentiment was reflected in QSR companies’ December quarter (Q3FY24) results as well with most players reporting a sequential drop in sales growth, and some also posting negative year-on-year same-store sales growth, a key metric for retailers. This was despite Q3 being a festival-heavy quarter.

Motorola Edge 50 Pro is confirmed to be available in three colour variants: Black, Purple and a greyish variant. The Edge 50 Pro will feature a 6.67-inch 1.5K curved pOLED panel with support for 144Hz refresh rate and 2,000 nits of peak brightness.

Delhi Traffic Police has issued a warning to commuters, advising them against using the Pragati Maidan tunnel due to ongoing maintenance work starting March 19. The tunnel is scheduled to be closed every day from midnight to 6 am until April 18, with additional full-day closures on March 24, March 31, and April 7. The repair and maintenance operations are being overseen by the ITPO project division of the Public Works Department (PWD). According to PWD officials, the closure primarily aims to address persistent issues of water leakage within the tunnel structure. «Usually, the tunnel is closed after midnight for routine maintenance work. But we needed more time to carry out repair work to fix the problems of leakage inside,» stated an official involved in the maintenance efforts.

BSE shares spiked as much as 7.95% to a high of ₹2,194.95 apiece on the NSE. Investec upgraded its rating for BSE shares to “Buy" and assigned a target price of ₹2,800 per share, implying an upside potential of nearly 38% from Wednesday’s closing price, CNBC-TV18 reported. The stock exchange BSE continues to witness strong traction in equity derivatives volumes and its options market share has jumped 3x on a quarter-on-quarter (QoQ) basis from 4.2% to over 15% in March, Investec noted while anticipating further market share gains given the rapid scale-up of the BANKEX product.

Orange Cap list in IPL: In the Indian Premier League (IPL), Orange Cap is awarded to the highest run-scorer of a season. David Warner has won it thrice, and Chris Gayle twice. However, Virat Kohli’s record for scoring the highest number of runs in a season is yet to be broken.