India Financial News

Bhive Workspace has picked up over 62,000 sq ft across seven offices in Adani Realty’s commercial tower Inspire BKC situated on the edge of Mumbai’s business district Bandra-Kurla Complex (BKC) through a long-term lease of five years. The company is planning to use the space leased through two separate agreements to set up managed coworking offices. Bhive’s holding company Tusker Workspace has entered into this lease agreement with Adani subsidiary Sunbourne Developers. The lease rentals for the same has been set at Rs 205 per sq ft a month and the agreement includes a clause to escalate the same by 15% after three years, shows the documents accessed through Propstack.

Champions Trophy in Pakistan remains an option as India's participation cannot be decided by the ICC if there is a government policy against it, a source in the governing body's all-powerful executive board told PTI on Friday. The ICC board meeting is currently underway in Dubai. The Champions Trophy, which will be held in February-March 2025, is not on the agenda but newly-elected PCB chairman Mohsin Naqvi has stated that he wants to speak with his BCCI counterpart Jay Shah as well as ICC bigwigs on the sidelines, seeking some kind of assurance. However, an ICC Board member, who is privy to the developments, feels that any decision by BCCI, will only be taken closer to the tournament and once again, the idea of using UAE as a potential venue cannot be entirely discarded.

Citizenship Amendment Act (CAA) is a piece of legislation that seeks to provide citizenship to non-Muslim refugees who have fled religious persecution in neighbouring countries such as Pakistan, Afghanistan, and Bangladesh. The act has been the subject of much controversy and debate, with some arguing that it discriminates against Muslims and violates India's secular Constitution. However, supporters of the act argue that it is necessary to provide a safe haven for those who have faced persecution due to their religious beliefs.

Benchmark NSE Nifty closed 123.31 points down at 22023.35 amid selling in frontline bluechip counters.

The Coimbatore Lok Sabha seat in Tamil Nadu is expected to see a big battle this time. As per reports, the INDIA alliance will put up a single candidate from the seat to not split votes among opposition parties. Reportedly, CPI-M and Congress might not announce any candidate from the seat which will held MK Stalin-led DMK to field a storng candidate to take on BJP which is expected to announce the name of a strong candidate for the Coimbatore seat. Coimbatore 2024 Lok Sabha polls: Date The Election Commission will announce the dates for 2024 general elections on March 16.

Gujarat State Fertilizer & Chemicals Ltd.(up 5.92%), Sikko Industries Ltd.(up 4.95%), Nagarjuna Fertilizers and Chemicals Ltd.(up 4.60%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.79%), Gujarat Narmada Valley Fertilizers & Chemicals Ltd.(up 1.92%), Rashtriya Chemicals & Fertilizers Ltd.(up 1.30%) and Madras Fertilizers Ltd.(up 0.55%) stood among the top gainers.

XUV.e9, captured as it cruised along Indian roads. Despite the bonnet being open during the sighting, there was no sign of a front trunk (frunk), a feature found in some other electric vehicles.

Moscow for the return of Indians who were duped into fighting Russia's war against Ukraine, the Ministry of External Affairs spokesperson Randhir Jaiswal said that India is “pressing very hard with the Russian authorities for their early discharge." He also said that efforts are going on to bring back the mortal remains of two Indians who passed away in Russia. He said that the paperwork has been done and there are chances that the mortal remains of the two Indians will be handed over to the family in India by 16th or 17th March. “We also have two people who passed away.

₹300.13 crore Krystal Integrated Services issue consists of an offer to sale of 1,750,000 Equity shares, valued at ₹125.13 crores, and a new issuance of around 2,447,552 shares valued at ₹175.00 crores. Not less than 15% of equity shares have been set aside for NII, not more than 50% for QIB, and not less than 35% for retail investors in the Krystal integrated Services IPO. Krystal Integrated Services IPO opened for subscription on March 14, 2024 and closes on Monday, March 18'2024.

Congress got only 11 percent," the Congress President said. Mallikarjun Kharge demanded a special investigation into the donations made through electoral bonds and said that the account of the BJP must remain frozen till the completion of the probe. "Even our voter pattern (percentage) if you see we are nearly one-third and the rest of the people are two-third including BJP, but in donations, they got more than 50 percent.

India's current economic boom similar to that of 2003-07? Morgan Stanley thinks so, lists 5 parallel trends India's merchandise exports soared to $41.40 billion in February, marking the highest figure in 11 months. The last time exports reached such levels was in March 2023, when they stood at $41.96 billion. Concurrently, imports also surged to a four-month peak.

CoinDesk data shows. The price of bitcoin even dropped to as low as $67,000 before recovering in the later part of the day. Some cryptocurrency experts believe that this was expected on account of profit booking that usually follows a bull run, while there is another view that argues that the crypto price drop may be linked to the release of Producer Price Index (PPI) by US Federal Reserve.

Why is Indian stock market falling today — explained with 5 reasons Amidst this, India's robust domestic macro outlook persists, reinforcing its status as an appealing destination for long-term investment gains. Consequently, analysts have been advocating the acquisition of high-quality stocks following the market downturn. Fitch Ratings raised India’s GDP growth estimates for FY24 and FY25 on Thursday, citing growing domestic demand and improved business and consumer confidence.

Marathwada region, the constituency has seen clash between BJP and Congress. However, in recent times, apart from the national players, regional parties have also stepped up and played a role in the electoral battle. After the implementation of the delimitation of parliamentary constituencies, Nanded Lok Sabha constituency comprises six Vidhan Sabha (legislative assembly) segments. Nanded Lok Sabha 2024: Dates The Indian Election Commission is scheduled to reveal the date for the 18th Lok Sabha elections on March 16 at 3 pm. The ECI has stated that the dates for the Lok Sabha elections and several state assembly polls will be announced simultaneously. It is anticipated that the elections will take place across the country during the months of April and May.

KCP Sugar & Industries Corporation Ltd.(up 5.45%), KM Sugar Mills Ltd.(up 2.64%), Uttam Sugar Mills Ltd.(up 1.91%), Shree Renuka Sugars Ltd.(up 1.57%), Balrampur Chini Mills Ltd.(up 0.90%), EID Parry(India)Ltd.(up 0.74%), Triveni Engineering & Industries Ltd.(up 0.48%), Vishwaraj Sugar Industries Ltd.(up 0.32%), Dwarikesh Sugar Industries Ltd.(up 0.32%) and Ugar Sugar Works Ltd.(up 0.08%) stood among the top gainers.

Gillette India Ltd.(up 2.20%), Heritage Foods Ltd.(up 1.71%), Colgate-Palmolive(India)Ltd.(up 1.54%), Mrs. Bectors Food Specialities Ltd.(up 1.44%), Sheetal Cool Products Ltd.(up 1.22%), Varun Beverages Ltd.(up 1.17%), Tata Consumer Products Ltd.(up 1.16%), Vadilal Industries Ltd.(up 1.08%), Procter & Gamble Hygiene & Healthcare Ltd.(up 0.82%) and ADF Foods Ltd.(up 0.80%) stood among the top gainers.

Piyush Goyal, 59, the Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, Textiles, as well as Leader of the House in Rajya Sabha, hit the campaign trail must be when he was a young boy when his mother fought corporation polls in Mumbai after the Emergency and later assembly polls in the nineties. Now Goyal is part of a sizable group of BJP's Rajya Sabha MPs who have been fielded in Lok Sabha elections as the party aims to cross the 400-seat mark. Names of Goyal, Sarbananda Sonowal, Rajeev Chandrasekhar, V Muraleedharan: Anil Baluni and Bhupendra Yadav have been announced while Nirmala Sitharaman and S. Jaishankar are likely to join this group. In his 14-year-long career (for he was first elected to Rajya Sabha in 2010), Goyal has emerged as a deft minister and a politician well-versed in the art of the possible. His first electoral tryst will not be a coming-of-age act but a rite of passage he skipped as he gained stature. The go-to man for the party as well as the government, Goyal is now going to the people. He has been fielded from Mumbai North constituency.

2024, all eyes are on Meerut Parliamentary constituency in Uttar Pradesh. The election, anticipated to be held in April this year, awaits formal confirmation from the Election Commission of India (ECI) in March. Meerut Lok Sabha Elections: Voting Schedule and Result Announcement The precise voting date for the Meerut 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.

Shares of Pfizer Ltd.(up 2.89 per cent), Gland Pharma Ltd.(up 2.36 per cent), Alkem Laboratories Ltd.(up 1.21 per cent), Abbott India Ltd.(up 0.35 per cent) and Laurus Labs Ltd.(up 0.08 per cent) ended the day as top gainers in the pack.

Maharashtra. For the 18th Lok Sabha, BJP has tried to stir things up and announce Union Minister Piyush Goyal as the candidate for this constituency. The change left many surprised as BJP's Gopal Shetty has been winning this seat for the past two Lok Sabha polls and has a stronghold in the constituency. 18th Lok Sabha will also be a chance for Mumbai-born Goyal to set foot in the Lower House as he has been part of the Parliament as a member of the Upper House. «Of course, I am very excited. I am looking forward to a decision being made by the party leaders and I do hope that I get an opportunity to contest. It will be my privilege,» Goyal told PTI recently when asked about his plans for contesting Lok Sabha elections. Mumbai North Lok Sabha 2024: Date

Stalin is prominent among the INDIA bloc leaders, who will attend the concluding rally of the Rahul Gandhi-led Bharat Jodo Nyay Yatra in Mumbai on Sunday, a Congress leader said. Talking to PTI on Friday, Leader of Opposition in the Maharashtra assembly, Vijay Wadettiwar, said apart from Stalin, Rashtriya Janata Dal (RJD) leader Tejashwi Yadav and Samajwadi Party (SP) chief Akhilesh Yadav have also confirmed their participation in the March 17 rally to be held at Shivaji Park in Dadar area of central Mumbai. Representatives from the Aam Aadmi Party (AAP) and other allies of the opposition alliance will also remain present, he said. Congress president Mallikarjun Kharge, Shiv Sena (UBT) head and former Maharashtra chief minister Uddhav Thackeray, NCP (Sharadchandra Pawar) chief Sharad Pawar will also participate in the event.