India Financial News
17.03 / 00:03
markets
Election
War
reports
Headlines
Small cut in fuel price a big hit to OMC revenue: Analysts
The government had announced the price cut with effect from March 15, a day before general election dates were announced. “Although small on headline, a Rs 2 per litre cut will reduce OMC revenue/ ebitda by about Rs 30,000 crore ($3.7bn) annualised,” JP Morgan said in March 15 report, adding that “the latest data suggests Russian crude discounts have fallen further. Put together, these should remove the current super-normal profitability at the three companies.”
17.03 / 00:03
UPS
Aware
wellness
Healthcare
Iqvia
innovations
More Indians fall head over heels for condom variants
condom category seems to have spiced up its growth rate, which nearly doubled in 2023. The Rs 1,755 crore segment grew to a five-year high last year at 13% by value compared with 7% in 2022, according to the latest IQVIA consumer health retail audit data sourced from executives. Companies said the segment is shifting away from being used for just protection to enhancing the experience. “Condoms were always sold from a safety perspective and youth felt the product was a hindrance for pleasure,” said Rajeev Juneja, managing director and vice chairman of Mankind Pharma, the maker of Manforce condoms, which has a 30.1% share. “So innovations have really helped attract younger consumers to the category. Also, women too now decide on the variants, unlike the historical trend of men being the sole decision makers.”
16.03 / 22:37
UPS
FIVE
Football
FIFA
wellness
blues
Why next three months are crucial for Indian football
Sunil Chhetri, India’s football captain, once told this paper. In that context, the next three months will be crucial for Indian football. India are scheduled to face Afghanistan (twice), Kuwait and Qatar in the FIFA World Cup 2026 qualifiers. The top two teams from the group will qualify for the third qualifying round. If India could make it for the first time in history, the Blue Tigers will have the opportunity of playing five of Asia’s best teams twice within a one-year time frame. Ten games against quality teams could completely redefine the growth curve of Indian football. “Every football player wants to get as close to the World Cup as he possibly can. In our case this is our best opportunity. We have never made it to the third round and we know this will open up 10 more games for us and we can then play each game as a final,” India’s goalkeeper Gurpreet Singh Sandhu said.
16.03 / 21:56
16.03 / 21:56
FIVE
Fighting
Analysis
Election
performer
At their lowest, Left parties in battle for survival: A SWOT analysis
17th Lok Sabha, the Left parties, part of the opposition INDIA bloc, are engaged in a do-or-die battle in this general elections after hitting an all-time low tally in the 2019 polls. The Left parties, prominent among which are the Communist Party of India (Marxist), Communist Party of India, Communist Party of India (Marxist-Leninist) Liberation, Revolutionary Socialist Party and the All India Forward Bloc, have witnessed a steep decline in their electoral performance over the last two decades. For the CPI(M), its status as a national party is also at stake with its shrinking footprints. Here is a SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis of the Left parties as they fight to hold ground in the Lok Sabha polls.
16.03 / 21:54
markets
Provident
Booking
Platform
Lexus
innovations
Features
Lexus LM 350h luxury MPV launched in India at whopping ₹2 crore! Details on design, interiors and more
₹2 crore and ₹2.5 crore respectively, showcasing its elite status in the market. Derived from the acclaimed Toyota Vellfire, which boasts a price tag of ₹1.2 crore, the LM 350h shares its foundation on the GA-K modular platform. However, it sets itself apart with its futuristic design language, featuring a striking spindle grille, sleek LED headlamps, and innovative fog lamps, embodying a sense of extravagance from every angle.
16.03 / 21:54
COST
UPS
Healthcare
Trade
hospital
Sakra World Hospital to invest Rs 1,000 cr on second unit in Bengaluru
Japan's Toyota Tsusho and Secom Medical System on Saturday announced plans to set up a second multi-super specialty healthcare facility under their Sakra World Hospital operations in India at an investment of Rs 1,000 crore. The two partners, which already run a Sakra World Hospital facility in Bengaluru, plan to add another 500-bed new unit at Banaswadi in Bengaluru North. The facility is scheduled for completion by the end of 2026. Sakra World Hospital is also looking to set up at a third unit, which is envisaged to have 300 beds, as part of its plans to add 1,000 beds in the upcoming years. The second facility, to be constructed at an estimated cost of Rs 1,000 crore, will have a 500-bed capacity with a built-up area spanning 6 lakh sq ft, Sakra World Hospital said in a statement. Sakra World Hospital is a collaboration between Japan's healthcare major Secom Medical System and trading conglomerate Toyota Tsusho. «The new facility is the extension of our firm commitment towards fulfilling the healthcare needs of the local and international communities,» said Tatsuro Fuse, Executive Director, SECOM Co Ltd, and Chairman, SECOM Medical System Co Ltd, Japan.
16.03 / 21:52
Food
film
Instagram
Actor
Photos
actress
Sporting
Kartik Aaryan, pet Katori and their 'Humaari Range...' go viral on Instagram. Here's why
₹6 crore car. "Humaari Range thodi si badh gayi (Our range has increased a little)," he wrote as he introduced his new Range Rover SV to the followers. In the photo, the actor is seen with his pet pooch 'Katori' in the boot of the new car.
16.03 / 21:51
UPS
Target
Metro
wellness
social
International
WPL 2024: Who will be the Wizard of Oz?
Royal Challengers Bangalore or second-time finalists Delhi Capitals, the women are set to give a lesson or two in finishing. 16 seasons of the Indian Premier League and two of the Women’s Premier League, and RCB and DC (erstwhile Delhi Daredevils of IPL) are yet to cross the chasm and sip from the victory cup. Meg Lanningled DC have never let currently Smriti Mandhana-led and Ellyse Perrydriven RCB get the better of them in WPL. It seems it might boil down to the better Australian who wins it. Take Perry’s 66 out of RCB’s Eliminator efforts against the 2023 champions Mumbai Indians on Friday and they would not have recovered from a 49/4 situation. A target of 136 is not a winning one in T20, but it did prove to be defendable. Skipper Mandhana was all smiles and praises for the 33-year-old two World Cups and six T20 World Cups-winning cricketer-footballer Australian.
16.03 / 21:51
Citi
Action
Features
rights
Updates
cricket
IPL 2024: This is how to watch tournament live in Syria
Board of Control for Cricket in India (BCCI) each year and the IPL 2024 is happening soon in India. But one can watch all the real-time action around this star-studded cricket league right from Syria. There will be 10 teams playing this year's IPL that include Punjab Kings, Sunrisers Hyderabad, Royal Challengers Bangalore, Lucknow Super Giants, Delhi Capitals, Mumbai Indians, Gujarat Titans, Kolkata Knight Riders, Rajasthan Royals, Chennai Super Kings. The teams have been named on the basis of popular cities in India. These teams will feature popular players like Virat Kohli, MS Dhoni, Pat Cummins, Daryl Mitchell, Harshal Patel and Rachin Ravindra.
16.03 / 21:51
FIVE
Fighting
Election
President
Lok Sabha election 2024: TMC cries foul over 7-phase polls; Congress says 'last chance to save democracy’
Lok Sabha elections 2024: CEC Rajiv Kumar-led Election Commission of India (ECI) announced the dates for the Lok Sabha elections 2024 on Saturday. The declaration of the polls schedule intensified the political heat with Opposition parties emphasizing that they are prepared for the Lok Sabha elections 2024 but questioned the seven phase elections and called it a last chance to save democracy. Lok Sabha elections 2024 will be conducted in seven phases starting from April 19 and ending on June 1.
16.03 / 21:51
Citi
Election
reports
Updates
Commentary
cricket
IPL 2024 in Libya: Catch all live updates, scores, live streaming and commentary
Indian Premier League 2024 as it kicks off this March 22. Ten teams will be clashing against each other for the coveted IPL 2024 trophy, a mega-event being organised by the Board of Control for Cricket in India (BCCI) in cities across cricket stadiums like Eden Gardens, MA Chinnaswamy Stadium, Narendra Modi Stadium, and many more. BCCI-organised Indian Premier League (IPL) is a 20-over format game that began in the year 2008 when the first match was held in Bengaluru between Royal Challengers Bangalore and Kolkata Knight Riders. KKR won the match by a huge margin with New Zealand-based wicket-keeper (now retired) Brendon McCullum smashing a 150+ record breaking highest individual score.
16.03 / 21:50
Election
WhatsApp
voice
Howrah Lok Sabha 2024: Date, schedule, result, party-wise candidates and other key details
West Bengal. In the past Lok Sabha polls, the seat has been in the hands of Mamata Banerjee's All India Trinamool Congress (AITC). The constituency is one of the 42 Lok Sabha constituencies in West Bengal. Howrah Lok Sabha 2024: Date The major announcement will be made by the Election Commission of India on Saturday at 3 pm. The poll panel will reveal dates, schedule, phases and other key details of 18th Lok Sabha polls. With general elections, the ECI will announce details for a few state assembly elections whose term is ending soon. Howrah Lok Sabha 2024: Candidates
16.03 / 21:49
Citi
Election
WhatsApp
reports
Updates
cricket
Watch IPL 2024 in Morocco: Catch all live scores, real-time updates and all you need to know
BCCI, every year organizes the Indian Premier League (IPL), which is a 20-over format franchise league tournament that commenced in 2008. The first match of IPL history was won by Kolkata Knight Riders (KKR) who emerged victorious by a huge margin against the mighty Royal Challengers Bangalore. This year's Indian Premier League (2024) will be held from March 22 but latest reports suggest some matches may be scheduled in Dubai due to the national general elections (Lok Sabha) happening in India during the same timeframe. However, there is no official confirmation from BCCI on this.
16.03 / 21:47
markets
UPS
Strategy
trends
Experts
Features
FPI’s net buyers of Indian equities at Rs 40,710 crore so far in March
FPI) returned in March with equity purchases worth Rs 40,710 crore taking place as on March 15. This comes after a lackluster first two months where FPIs bought shares worth Rs 1,539 crore while remaining net sellers in January at 25,744 crore. With this WPIs are net buyers in 2024 at Rs 16,505.
16.03 / 21:45
Election
stage
country
reports
BCCI Secretary Jay Shah quashes reports of IPL shift to UAE amid Lok Sabha election 2024
ALSO READ: IPL 2024: BCCI might shift second half of the series to another country, says report Hours after the announcement of the schedule for the Lok Sabha elections 2024, Shah dismissed the speculation of staging the second half of IPL 2024 abroad. He said, as quoted by news agency PTI, “The entire IPL will be held in India. We will be formulating the remaining schedule very soon and announce it." Earlier in the day, A Times of India quoted a BCCI official as saying that they may consider scheduling the second half of the IPL series in UAE, as the Election Commission of India was to announce the election schedule on Saturday at 3 pm.
16.03 / 21:45
UPS
security
Election
Lok Sabha elections 2024: Uttar Pradesh, Bihar, West Bengal to witness seven-phase polls | Check full schedule
Lok Sabha elections 2024: Election Commission of India (ECI) on Saturday announced that the Lok Sabha elections 2024 will be conducted in seven phases with different states going to polls at different times. CEC Rajiv Kumar mentioned the expansive geography of India and logistical challenges while defending the seven-phase elections.
16.03 / 21:43
Target
security
Election
WhatsApp
Updates
Lok Sabha election 2024 phase 2 date: Here are state-wise and constituency-wise full list and key details
In the preceding parliamentary elections in 2019, voting spanned seven phases from April 11th to May 19th, culminating in the declaration of results for the 17th Lok Sabha members on May 23rd, 2019. Similarly, in 2014, the electoral process unfolded across multiple phases. Check all the updates about Lok Sabha election dates and result here
16.03 / 20:37
markets
CEO
Food
show
Zomato gets GST penalty notice of ₹8.6 crore from Gujarat's Deputy Commissioner of State Tax
Zomato has received a goods and services tax (GST) penalty notice from Gujarat's Deputy Commissioner of State Tax, ‘an order for FY2018-19 pursuant to the audit of GST returns and accounts’. According to a regulatory filing to the stock exchanges, the demand order has been received in respect of excess availment of input tax credit and short payment of GST.
16.03 / 20:36
Digital
Election
Department
donates
Updates
Investigations
Lok Sabha Elections 2024: Suspicious bank transactions, digital payments under scanner to curb freebies
Follow Lok Sabha Election 2024 dates LIVE updates here Rajiv Kumar was speaking at a press conference held on Saturday to announce the schedule of the Lok Sabha Elections 2024. He said, "NPCI (National Payments Corporation of India) will look at if there are more demands in the payments through wallets.
16.03 / 20:36
security
Election
WhatsApp
cover
Updates
Lok Sabha election 2024 phase 1 date: Here are state-wise and constituency-wise full list and key details
Lok Sabha Election 2024 Phase 1 date: The Election Commission of India (ECI) today announced the voting and result schedule for the Lok Sabha elections 2024. The EC announced that the voting for the 18th Lok Sabha will commence on April 19th. As per the EC announcement, the result of the Lok Sabha elections will be announced on the result will be announced on June 4. As many as 21 states will be covered in the first phase. In the 2019 parliamentary elections, voting occurred over seven phases spanning from April 11 to May 19, concluding with the announcement of results for the 17th Lok Sabha members on May 23, 2019. While in 2014, Check all the updates about Lok Sabha election dates and result here
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