India Financial News

GATE Exam Result 2024: Bengaluru's Indian Institute of Science (IISc) is set to announce the results of the Graduate Aptitude Test in Engineering (GATE) 2024 today, March 16, 2024. Candidates who appeared for the examination can check their results on the official website of IISc GATE at gate2024.iisc.ac.in. The direct link to access the GATE 2024 final answer key is also available on the website. The GATE 2024 exam took place on February 3, 4, 10, and 11, 2024. Candidates' responses were released on February 16, with the answer key published on February 19, 2024. The deadline to raise objections against the answer key was until February 25, 2024. Results of the examination will be announced today, March 16, and candidates will be able to download their scorecards starting from March 23, 2024.

Ghaziabad Lok Sabha Elections: Dates and Schedule The precise voting date for the Ghaziabad Lok Sabha constituency in the upcoming 2024 elections is yet to be declared by the Election Commission. Similarly, the result announcement date awaits official confirmation in March. The election process will follow the guidelines set by the Election Commission of India (ECI), ensuring a fair and transparent electoral process.

Amitabh Bachchan's health, the veteran actor categorically denied reports of undergoing angioplasty following his recent hospitalization. Social media was abuzz with concerns about Bachchan's well-being after various sources claimed he had undergone a medical procedure. However, a video capturing Bachchan's exit from the Dadoji Kondadev Stadium in Thane, where he attended the final Indian Street Premier League (ISPL) match between Majhi Mumbai and Tigers of Kolkata, put an end to these rumours.

“Basis our in-house multi-factor model, Sensex’s fundamental value for Dec’24 is 77,400. Market value of Sensex in Dec’24 could be higher or lower than intrinsic value basis various factors,” says Pawan Kumar, Director — Investment Research & Advisory — Client Associates. In an interview with ETMarkets, Kumar said: “We also advise investors to book profit in mid and small-cap stocks and reallocate to large-cap stocks,” Edited excerpts:

BSE Midcap and Smallcap indices lost over 4% each. The broader market had outperformed the benchmark indices over the past one year even as there were pockets of concern around the one way rally.

investors despite the securities regulator’s warnings of a potential bubble. Perceived as key beneficiaries of the South Asian nation’s 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff that’s pushed down the Nifty Smallcap 250 Index almost 10% since Feb. 27. That was the day the Securities and Exchange Board of India directed mutual funds to take steps to shield investors from the speculative froth in small- and mid-cap stocks.

Election Commission announced it would hold a press conference on Saturday at 3 pm to announce dates for the upcoming Lok Sabha elections, departments in the Central government went full throttle to approve projects and policies. Once the Election Commission makes the dates for the elections public, the Model Code of Conduct will kick in, curtailing government departments' abilities to make major policy decisions, with some decisions requiring prior permission from the poll body. According to a Times of India report, the National Highways Authority of India (NHAI) and other offshoots of the Ministry of Road Transport and Highways of India (MoRTH) were working into the night on Friday to issue letters of award for projects, which will ensure highway developers can start work.

Stock market vs gold price vs Bitcoin price: After climbing to a new lifetime high, shar selling was witnessed across sectors in the Indian stock market. However, to the surprise of the investors, gold price and Bitcoin prices too witnessed selling pressure in the week gone by. According to experts, the Indian stock market witnessed selling pressure due to the 'shar test' being suggested by the mutual funds' body AMFI to the AMCs after the market regulator SEBI raised concern over the froth building up in the small and mid-cap stocks.

₹4.5 crore on its 8th day (2nd Friday). According to the latest box office figures shared by Sacnilk, Shaitaan's Day 8 collection witnessed a minimal drop compared to Day 7, indicating the movie's enduring appeal. This impressive performance comes after a successful first week, during which the film remained steady, even on weekdays.

Union Home Minister Amit Shah said on Friday while speaking at India Today conclave. "The BJP did not split anyone," Amit Shah told India Today when he was about splits in undivided NCP and Shiv Sena and how rebel factions merged with the BJP. "I differ from the statement that we broke so many parties.

Indian stock market: This month’s meltdown in India’s smaller stocks is being termed as a buying opportunity by some investors despite the securities regulator’s warnings of a potential bubble. Perceived as key beneficiaries of the South Asian nation’s 8%-plus economic growth, shares of smaller firms are seen staging a comeback after a selloff that’s pushed down the Nifty Smallcap 250 Index almost 10% since Feb. 27.

Amit Shah on Friday showed respect to the Supreme Court order on electoral bonds, saying the scheme was introduced to terminate the influence of black money in politics. Addressing the India Today Conclave, Shah said, “I feel that instead of completely scrapping the electoral bonds, it should have been improved." He claimed that the opposition leaders used to take political donations in cash to fill their own pockets. “For example, out of a donation of ₹1,100, they used to deposit ₹100 in the party's name and keep ₹1,000 in their own pockets.

Mint takes a look at what the expert committee has recommended and how it impacts the tech industry. Given the pace at which digital enterprises move, it was felt that affected parties would suffer irreparable damage by the time ex-post measures were ordered to remedy uncompetitive practices. The Competition Act’s ex-post measures involve several stages such as forming a prima facie view by the Competition Commission of India (CCI), an investigation by the director general, and passing of the final order, all of which are time-consuming.

electoral bonds scheme have exposed the Bharatiya Janata Party (BJP), which routinely accuses the Congress of looting the country, Shiv Sena (UBT) leader Uddhav Thackeray has said. The BJP got Rs 8,000 crore in electoral bonds and if one compares it with the amount received by the Congress, it would be clear who has been carrying out loot, Thackeray claimed at a gathering of party workers in Colaba area of south Mumbai on Friday. «Disclosures linked to the electoral bonds scheme have exposed the BJP, which routinely accuses the Congress of looting the country. Will you give this country in the hands of looters? The BJP wants another five-year term (at the Centre) to loot the country while showing you (citizens) dreams of 'Viksit Bharat' (developed India)...,» he said. Just as leaders of his party were being pressured by probe agencies, like the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED), corporates were also threatened into making large donations to the BJP, the former chief minister of Maharashtra alleged.

Indian Army has established a squadron for these heavy-duty choppers at Jodhpur along the western front with Pakistan. The squadron was raised in the presence of Army Aviation’s director general Lt-General Ajay Suri and other officials. According to an officer, the delivery, initially scheduled to begin in February, has been slightly delayed, with the first three Apaches now expected in May. “The delivery was to commence from February, but it has been slightly delayed. The first three Apaches will now come in May,” an officer said in a TOI. Progress in Apache Helicopter Acquisition

Election Commission is set to announce dates from the upcoming Lok Sabha elections on Saturday, with a press conference scheduled for 3:30 pm. The poll body is also likely to announce the dates to polls for four state assemblies. This year's Lok Sabha elections could see voting take place over six or seven phases, likely starting in late April, with the results likely to be announced a month later, in May. The polls to elect the 18th Lok Sabha will see nearly 97 crore eligible voters exercise their franchise in over 12 lakh polling stations. April's elections will replace the Lok Sabha, whose term is ending on June 16, while state polls will see voting in Andhra Pradesh, Odisha, Arunachal Pradesh and Sikkim. Terms for Andhra Pradesh and Odisha are ending on June 11 and June 24, while both the Arunachal and Sikkim assemblies will see theirs end on June 2.

Sebi on Friday approved a raft of relaxations for foreign portfolio investors, alternative investment funds and entities seeking to raise funds through initial share sales, as part of facilitating the ease of doing business in the securities market. Also, the board of Securities and Exchange Board of India (Sebi) gave its nod for a uniform approach for verification of market rumours by entities that have listed their equities. In a move aimed at testing the feasibility of the optional T+0 settlement mechanism, a Beta version for a limited 25 scrips and limited brokers will be launched.

market regulator on Friday deferred a full launch of optional same day settlements, according to a press release. The Securities and Exchange Board of India (SEBI) said that same day settlement, or T+0, would be launched for only 25 stocks and with a limited set of brokers to test the efficacy of a shorter settlement cycle.

Lok Sabha elections date 2024 LIVE updates: CEC Rajiv Kumar-led Election Commission of India (ECI) is set to announce the complete schedule of Lok Sabha elections 2024 on Saturday. The election body will hold a press conference in New Delhi and will declare the crucial details about the upcoming general elections like dates, phases, announcement of results, etc.The announcement of the Lok Sabha election date 2024 comes two days after the appointment of two new Election Commissioners- Gyanesh Kumar and Sukhbir Singh Sandhu.

Telangana on Saturday, the BJP said in an official statement. The BJP is formulating strategies to win more seats in the Lok Sabha elections in the state this time. The party's top leaders have already focused on Telangana.

Tesla, including a drastic cut in customs duty, as an incentive to set up manufacturing facilities in the country. The contours of the Scheme to Promote Manufacturing of Electric Passenger Cars in India are in line with a persistent demand from the Elon Musk-led company to lower India’s 70% import duty on cars if it was to establish a plant in India. The policy allows a sharply reduced rate of 15% customs duty for up to 8,000 EVs annually imported by a company that commits to Make in India. According to the policy document, carryover of any unutilised annual import limits will be permitted. The finance ministry notified the lower duty rate on Friday. “Companies setting up manufacturing facilities for EVs will be allowed a limited import of cars at lower custom duties,” said heavy industries minister Mahendra Nath Pandey.