India Financial News

Coal India Ltd and NLC India Ltd to go for pithead-based thermal projects with an aim to reduce transportation cost and improve availability of dry fuel, a top government official said. The plan is that all new thermal projects of Coal India Ltd (CIL) and NLC India Ltd should come up near the coal mines, Coal Secretary Amrit Lal Meena told PTI. This will reduce the dependence on transportation, which is mostly through rail and road, and make the coal accessible for usage in power generation, he said, while replying to a question on new projects of coal PSUs, the official said. The move will also reduce logistics cost and cost of power generation, he said, listing the benefits of a pithead-based unit.

geopolitical risk globally which is leading to higher defense budgets b) Indian government policy of “AtmaNirbhar” or depending on self for ones’ requirement and hence domestic manufacturers getting a higher market share in the Country’s capex spent c) The companies now have strong longer term Order books, a good return ratios and promising profit outlook. How has India fared against its global peers? The equity markets world over have been very strong and polarized with the best performing market being Nikkei (Japan) up 16% in just ~75 days in 2024 and MSCI China down 2% a huge differential of 18% for the investor. The Indian market despite being expensive on a relative market seems to be going from strength to strength, with MSCI India up 6%, in line with MSCI World. The mid and smaller cap indices have started showing clinks in their armor, especially small cap which is flat CYTD underperforming the broader indices. This could be largely due to the stupendous performance of 54% in the last year for small cap and 6-0% for midcaps and profit booking.

Rohit Sharma has told the BCCI that the Indian team needs Virat Kohli at all costs and that the official announcement regarding Kohli's selection for the upcoming World Cup will be made before the team selection. Citing sources, Azad revealed the information via his X (formerly Twitter) account and said, “If sources are to be believed, Ajit Agarkar was neither able to convince himself nor the other selectors.

Jaishankar defends CAA in Brussels as he promotes India-EU ties The US Ambassador to India, Eric Garcetti, speaking at the India Today Conclave on Friday said that the United States can't give up on principles and principles of religious freedom and equality are a cornerstone of democracy. Speaking on this, S Jaishankar said, “I have principles too, and one of my principles is an obligation to people who were let down at the time of partition".

“At 43000, Indian students form the largest number of international students in Germany. It is important to make the German labour market attractive for Indian students after they get their educational degrees to address the increasing gap in skilled workers in the German labour market,” German Academic Exchange Service (DAAD) president, Dr Joybrato Mukherjee, said during a press briefing in New Delhi. He added that following the discussions between Prime Minister Narendra Modi and German Chancellor Olaf Scholz last year; and Germany’s newly enacted Skilled Immigration Act; Indian students will find a smoother pathway into the German labour market. “For Indian students, who have got German degrees many of which are taught in English; the way to getting employment in Germany and other Schengen area countries is now more attractive. We believe in the concept of brain circulation rather than brain drain and we think that international students who are well qualified can follow a very successful professional career path in Germany,” Dr Mukherjee said.

Malwa belt in Punjab is always considered the biggest and politically influential region particularly during assembly elections, where if a party secures maximum assembly seats in this belt, it can easily form the government in the state. Punjab can broadly be divided into three regions — Malwa, Majha and Doaba. Beyond the Sutlej river, it is called the Malwa region, the Doaba region falls between the Beas and Sutlej rivers, while Majha falls between the Ravi and the Beas rivers. As far as the parliamentary polls are concerned, eight seats — Ludhiana, Bathinda, Ferozepur, Faridkot (SC), Fatehgarh Sahib (SC), Patiala, Anandpur Sahib and Sangrur fall in the Malwa region.

Lok Sabha polls will be held in the state in four phases on May 13, 20, 25 and June 1. In the 2019 general elections, the BJP emerged victorious in 11 seats, while its ally AJSU secured one seat. Both the JMM and Congress have one seat each. For the upcoming polls, while the BJP has announced candidates for 11 of the 14 seats, the INDIA bloc is yet to announce its nominees as talks continue among allies, including the JMM and Congress, over seat sharing.

IPO of AVP Infracon will be finalised tomorrow. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made. Investors can check the status of AVP Infracon IPO allotment by logging in to the official website of the registrar, which is Bigshare Services in this case. Follow the step by step process mentioned below to check the status of allotment.

India, the world’s largest democracy, goes to polls starting April 19, 2024. Campaigning for the elections has been well underway for weeks now, with the Bharatiya Janata Party looking to bag a hat-trick of terms at the Centre while the Congress-led Opposition is trying to break the NDA’s decade-long stronghold. The BJP under Prime Minister Narendra Modi has expressed confidence in coming back to power, this time with a 400+ majority in the Lok Sabha. In 2019, the BJP won the majority as it swept the Hindi heartland and bagged 303 seats in the 543-seat-strong Lower House of the Parliament. The Election Commission formally kicked off the 2024 general election with the announcement of the poll schedule on Saturday. Lok Sabha polls for 543 seats will be held in seven phases starting with voting for 102 seats in the first phase on April 19. The counting of votes will be held on June 4.

Stock Market News: After a four-week storm surge, domestic benchmark equity indices, the Sensex and the Nifty 50, had their worst week in more than four months on Friday's session. With the sole exception of the information technology (IT) sector, all sectoral indices witnessed losses by the end of the week, according to analysts.

₹901 crores. Meanwhile, three companies got listed during the week R K SWAMY, JG Chemical and Gopal Snacks. Also read: Reddit Sees More Than 20% Sales Growth in 2024 in IPO Roadshow “Rise of the domestic capital, flourishing Indian entrepreneurship, improving governance, diligent institutional investors are among reasons likely to keep the IPO market ticking in 2024," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt.

A post shared by Balkaur Singh (@sardarbalkaursidhu) Earlier, reports had claimed that Sidhu Moosewala's mother, Charan Kaur was pregnant and will be delivering the baby in March. Moosewala was the only child of his parents, who are in their late 50s now. Citing sources, The Indian Express has reported that Mossewala's parents used In Vitro Fertilization (IVF) and had travelled overseas for the procedure last year.

Gold And Silver Prices Today: Gold prices saw a slight decrease on Sunday. The cost of 24 carat gold is Rs.6680.5 per gm down by Rs.131.0. The cost of 22 carat gold is Rs.6119.3 per gm down by Rs.120.0.

Also Read | Sudha Murty nominated to Rajya Sabha. Home Minister Amit Shah says, ‘…you will further embolden the voice of democracy’ "There are no perfect couples in this world," Murty asserted, acknowledging that every relationship comes with its unique set of strengths and weaknesses. "Life is a give and take.

Kerosene consumption in the country has declined sharply by 26 per cent CAGR between 2013-14 and 2022-23, mainly due to government policies to promote clean energy. The latest 'Energy Statistics India 2024' of the National Statistical Office (NSO) stated, «The impact of energy policies of recent time is evident on the consumption of kerosene as a fuel in the country». The data showed that the consumption of kerosene has seen a steady decreasing trend with a compounded annual growth rate (CAGR) of (-) 25.78 per cent from 2013-14 to 2022-23. The report stated that among all the petroleum products the HSDO (diesel), which has the highest share of consumption (38.52 per cent) during 2022-23, experienced a positive growth of 12.05 per cent over the last year.

Uttar Pradesh with the SP-BSP alliance now replaced by the SP-Congress pact under the INDIA bloc. The Samajwadi Party-Bahujan Samaj Party alliance in 2019 had offered some resistance to the BJP on a handful of seats in the western and eastern parts of UP, but failed to make a big impact. With BSP supremo Mayawati deciding to duke it out alone this time, it will be up to the SP and Congress to stop the marauding juggernaut of the NDA, which has now has RLD on its side, as well as a number of caste-based regional parties in the Poorvanchal region. In the 2014 Lok Sabha elections, the BJP and allies won 73 out of 80 Lok Sabha seats in the state.

CIBIL score (Credit Information Bureau (India) Limited) is an important factor considered by lenders when evaluating an individual’s creditworthiness for various financial products, including for house loan. 

PTI reported Kumar as saying. Also Read: Electoral Bond Case: Here's what the SC told SBI about unique number In its landmark verdict on February 15, the top court had scrapped the Centre's electoral bonds scheme that allowed anonymous political funding, calling it “unconstitutional" and ordered disclosure by the EC of donors, the amount donated by them and the recipients. Kumar said, “The unaccounted money which is used in the elections...

Arvind Kejriwal. As reported by ANI citing party sources, “ED opened a new case against Delhi CM Arvind Kejriwal.

Moneycontol. “The employer must grant a paid holiday to all eligible employees on the day of the election. They must ensure that there is no deduction or abatement of wages," Moneycontrol quoted Partner at RR Legal, Abhishek Awasthi as saying.