India Financial News

Lok Sabha Elections 2024: In his first public appearance since the announcement of the 2024 Lok Sabha election dates, Prime Minister Narendra Modi unveiled his ambitious plans for transforming the Indian Railways sector if voted back to power. Addressing the India Today Conclave 2024, PM Modi outlined his vision for the "coming five years" under his leadership.

Rahul Gandhi is set to commence a 'Nyay Sankalp Padyatra' from Mani Bhavan to August Kranti Maidan in Mumbai on Sunday. Here are the top ten updates: 1. Rahul Gandhi's Bharat Jodo Nyay Yatra, will culminate at Chaitya Bhoomi, Dr.

rang, Gulal) made from natural sources like turmeric, neem, kumkum etc. Other Holi traditions also include exchanging of sweets, snacks, and thandai, along with gatherings with loved ones or participating in community events featuring music and dance. People also seek blessings from elders and wish each other with joy.

Model Code of Conduct (MCC) comes into effect with the announcement of the Lok Sabha schedule, Shiv Sena (UBT) spokesperson Anand Dubey launched a sharp attack on the Election Commission, asking why the poll body decided to conduct elections in the Prime Minister's constituency, Varanasi, in the last phase. «The elections will go on until June 1, and the results will be announced on June 4. Counting the days from today. This makes it almost 2.5 months. Who is the EC trying to help behind closed doors by giving all this extra time?.. We respect the EC just like we respect the SC because the EC is an independent organisation, but somewhere down the line, it has lost its dignity, but still, we will contest elections. Why have they decided to conduct elections in the Prime Minister's constituency, Varanasi, in the last phase? PM Narendra Modi will reach Varanasi in the end after campaigning all over the country,» Shiv Sena (UBT) spokesperson Anand Dubey said. Earlier, the Model Code of Conduct (MCC) came into effect on Saturday after the Election Commission of India announced the dates for elections to the Lok Sabha and four state assemblies, with Chief Election Commissioner Rajiv Kumar asking all political parties and their leaders to strictly adhere to the poll code.

Prime Minister Narendra Modi has launched «Modi Ki Guarantee» as the central theme of his campaign, focusing on the development of youth, empowerment of women, and welfare of farmers and marginalized communities. Meanwhile, the Congress is banking on its 'Nyay' guarantees, aiming at justice for various sections of society. Unemployment, Price Rise, and Ideological Battles Key issues such as unemployment, rising prices, and ideological clashes between parties are likely to dominate the election discourse. The BJP will highlight its achievements in implementing the Citizenship (Amendment) Act, 2019, and the abrogation of Article 370 for Jammu and Kashmir, while the opposition criticizes these moves as divisive and imposing uniformity.

Nifty ended with weekly declines of 2.1% amid massive selling in state-owned company stocks along with energy, realty and financial stocks. However, the IT pack ended with weekly gains. When markets resume trading on Monday, a host of important domestic and global events lined-up during the holiday-truncated week are likely to impact them. «The upcoming week will place a significant focus on monetary policy, as the Fed will begin its two-day policy meeting on March 19. The US Federal Reserve (FED) will announce its interest rate decision after its two-day policy meeting on March 20, 2024. According to reports, the US Federal Reserve will leave its benchmark overnight interest rate unchanged,» Pravesh Gour, Senior Technical Analyst at Swastika Investmart said.

Federal Reserve in no rush to start lowering interest rates. Industrial production figures illustrated a euro area economy that’s merely limping along. In Japan, speculation intensified for the first rate hike in more than a decade after the country’s largest labor union secured big wage deals. The world of geopolitics continued to evolve, including Ukrainian drone attacks on Russian oil refineries, declining foreign investment in China and US concerns about Beijing’s subsidies for shipbuilders.

energy tech startup, chargeMOD, has announced its expansion plans and said it will deploy 1,200 more EV chargers across India and 600 more in Kerala. The company, in an announcement made earlier this week, said it was planning to set up an additional 1,000 slow chargers and 200 fast chargers across various states in India and to establish an additional 500 slow chargers and 100 fast chargers in Kerala. It said this was excluding the existing 1,500 charging stations in Kerala and 2,000 stations across India.

“There are pockets of exuberance emerging, so caution is advised in selecting sectors and scrips. Modest returns from equities should be anticipated in the next year.” says Ramkumar K, Chief Investment Officer, Reliance General Insurance. In an interview with ETMarkets, Ramkumar said: “We believe that domestic flows have driven the search for mid and small-cap stocks,” Edited excerpts: Indian market hit a new milestone in the week gone by. We are in the last month of the FY where do you markets going in FY25? Time to tone down expectations? Ramkumar K: The domestic market hit a new heigh, but not in isolation. Major equity markets worldwide, even those facing a looming recession, are performing remarkably well and achieving new highs.

Union Cabinet is expected to meet on Sunday morning, following the announcement of Lok Sabha election dates, reported The Times of India. Although the specific agenda for the meeting remained undisclosed, ToI sources indicated that several significant matters might be discussed like negotiations on a trade deal with Oman and the potential elevation of the Line of Credit to $250 million for Iran's Chabahar port. Last week, a high-level inter-ministerial committee convened a meeting to discuss strategies for improving the Line of Credit (LoC).

Election Commission (EC) notified the dates for the Lok Sabha polls, Prime Minister Narendra Modi set the tone for an expected third term in office, saying he works for deadlines, and not headlines. In a keynote address at the India Today Conclave in the national capital on Saturday, PM Modi said, «Whenever I come to a conclave like this, those in the audience expect me to say things that will make loads of headlines. However, I am someone who works towards deadlines, not headlines. So I might be making some points that the media may not find too attractive.» He said he wanted to expand on certain welfarist initiatives of the Centre that rarely appear on newsprint or are extensively covered by the broadcast media.

Congress leader Priyank Kharge took offence at the BJP's social media handle in the state referring to him as 'dynast', as he dared them to use the word on several of their leaders in Karnataka whose family members are in politics. «Dear @BJP4Karnataka, If you have the courage, use and say the word DYNAST to @BSYBJP @BYRBJP @BYVijayendra @BSBommai @ikseshwarappa @Tejasvi_Surya @JagadishShettar @ShashikalaJolle @UmeshJadhav_BJP @BelladArvind among others in Karnataka. (The list is longer across India),» Kharge said in a post on 'X' in the early hours of Sunday, tagging several BJP leaders who have a political lineage. Priyank, a member of the state cabinet, is the son of Congress national chief Mallikarjun Kharge. His political lineage gave the BJP an opportunity to target the Congress over dynastic politics.

Indian Navy said that INS Kolkata cornered and coerced all 35 pirates to surrender on Saturday, securing the safe extraction of 17 crew members from the pirate vessel without harm. Here are top five things you should know about the rescue mission: 1. During the 40-hour rescue mission, INS Kolkata intercepted the targeted pirate ship Ruen, which was approximately 2600 km away from the Indian Coast, and brought it to a halt using strategic measures.

Yodha Box Office Collection Day 2: Sidharth Malhotra-starrer action thriller movie “Yodha" witnessed a major jump in collection on Saturday. According to film industry tracker Sacnilk.com estimates, Sidharth Malhotra-starrer minted ₹9.85 crore net in India in its two-day run in theatres. The film registered an overall 13.86 percent occupancy in Hindi theatres on Saturday, March 16.

Narendra Modi on Saturday talked about “breaking the social psyche" of people who wonder if women drive tractors in villages, saying daughters can operate drones too. Addressing the India Today Conclave here, PM Modi asserted that he distributed agricultural drones to 1,000 drones to women's self-help groups in villages under the Namo Drone Didi Yojana, aiming to empower them technologically and economically. “People are still surprised when daughters operate tractors in villages.

Rahul Gandhi, Tamil Nadu CM MK Stalin, Shiv Sena (UBT) president Uddhav Thackeray, NCP (SP) chief Sharad Pawar, RJD leader and former Bihar deputy chief minister Tejashwi Yadav, and SP leader Akhilesh Yadav are some opposition leaders who will take part in the campaign. - Prime Minister Narendra Modi is set to hold the first NDA rally in Andhra Pradesh today, March 17. This comes days after he completed an extensive 10-state tour of India, during which he unveiled development projects valued at thousands of crores and attended numerous important occasions including his first visit to Jammu and Kashmir since Article 370 was abrogated.

Shaitaan box office collection day 9: Shaitaan, the supernatural thriller directed by Vikas Bahl, has captivated audiences since its release on March 8. Despite facing competition from the highly anticipated Yodha, starring Sidharth Malhotra, Shaitaan has maintained a steady performance at the box office. The horror movie almost doubled in collection on day 9 from day 8, on March 16, Saturday.

Lok Sabha elections 2024: The Indian stock markets are expected to remain closed on May 20, 2024, the scheduled date for Lok Sabha elections in the financial capital Mumbai and several other constituencies across the country, as per a report by Moneycontrol. Although there has been no official confirmation from the stock exchanges yet, a trading holiday on the polling day is widely anticipated, following the precedent set in the previous general elections of 2014 and 2019.

Narendra Modi on Saturday said that he is actively strategizing for the year 2047, stressing the focus on “long-term planning". When asked at the India Today Conclave whether Prime Minister Modi is already preparing for the 2029 Lok Sabha elections, the Prime Minister said, “Find out what Modi is. You are stuck on 2029 but I am planning for 2047." PM Modi further mentioned that today the mood of the nation is about making India a Viksit Bharat.

2.09 per cent and 1.99 per cent dragged by broader indices. The move was subdued in the following sessions, tracking mixed cues. Indices rebounded in the final sessions from its intraday lows.

direct tax collections, which may now surpass the upwardly revised target of Rs 19.45 lakh crore by the end of this fiscal, people aware of the matter told ET. Net direct tax collections from April 1, 2023, to March 15, 2024, stood at Rs 18.95 lakh crore, up 14.05% year on year, buoyed by advance tax collections of Rs 9.10 lakh crore, officials said. So far, corporates have paid Rs 6.72 lakh crore in advance tax while individuals accounted for Rs 2.37 lakh crore.