India Financial News

The first two flights last year lasted mere minutes before blowing up.

Thousands of farmers are protesting in India's capital to press their demand for a new law that would guarantee minimum crop prices

Sandeep Tandon, CIO, Quant MF, says “if we start looking at risk-adjusted returns, it will be far better. Just looking at PE in isolation without looking at ROC or ROE does not make sense. Similarly, just looking at a few risk measures in isolation does not make sense and that is the reason in our disclosure we have added additional data points also which are risk-adjusted measures and more meaningful rather than just looking at unidirectional risk numbers.” Tandon further says Quant takes concentrated bets because he believes that extraordinary diversification from a mathematical perspective means there is no control on risk. First, let us talk about the stress test. What has been the conclusion at Quant and what has been your finding? Sandeep Tandon: Let me explain the larger thesis. What the regulator wants from us is that we should disclose our liquidity position, our risk-related data points, our concentration in the large, mid, or even concentration from a client perspective. I think it is a good exercise from a larger perspective, more from a transparency point of view.

investment of Rs 4,150 crore or around $500 million. and allowing investors three years to set up local manufacturing for EVs with domestic value addition (DVA) of 25% by the third year and 50% by the fifth year. “The policy is designed to attract investments in the e-vehicle space by reputed global EV manufacturers,” the commerce and industry ministry said in a statement. The customs duty of 15% (as applicable to CKD units) would be applicable on vehicle of minimum CIF value of $35,000 and above for five years subject to the manufacturer setting up manufacturing facilities in India within a 3-year period.

Amitabh Bachchan is facing a health crisis. The 81-year-old ‘living legend’ has been admitted to the Kokilaben Hospital in Mumbai. According to a News18 report, the ‘Kabhie Khushi Kabhie Gham’ star was treated for a problem detected in his peripheral heart. A hospital representative told News 18, “An angioplasty was performed on a clot in his leg, and not on his heart.” Further details are awaited about the superstar’s current state of health. Mere hours before the news of his hospitalisation went viral, the superstar had shared an update on X (formerly Twitter). He wrote, “T 4950 – in gratitude ever.” He also promoted Majhi Mumbai, his Indian Street Premiere League (ISPL) team on Instagram. “Open your eyes, hear if you can, Majhi Mumbai will emerge victorious. It’s time you accept this,” wrote the ‘Paa’ actor. He also wrote, “The ISPL, as has been promoted and delivered in adverts, is well on its way to fructification and all the owners and the members that are involved, were needed to be in immortalised picture frames. So yes, a photo cum meet shoot… a very quick in and out between the evening hours… with our friends and colleagues… such a joy… Akshay, one of the owners… and an explanation to him about the surgery on my hand.”

Bonus shares, stock split record date: Lorenzini Apparels share price has registered a whopping return in 2024. In year-to-date (YTD) time, this small-cap stock with a market cap of around ₹390 crore has surged from ₹239.50 to ₹380 apiece levels on NSE, logging near 60 percent appreciation in this time.

₹22,000 per tonne to ₹26,500 per tonne over the past three months. This is attributed to the government's push on ethanol production to achieve the E20 target by 2025-26, amid declining sugar production. Consequently, chicken prices rose from ₹100-110 a month ago to ₹106-130 per kg across key farm gates in tier-1 cities, including Delhi, Bengaluru and Kolkata, according to spot traders.

share the same with the female handlers of Pakistan's intelligence agencies. Additional Director General of Police (Intelligence) Sanjay Agarwal mentioned that the accused used social media platforms to share strategic information and was in touch with the Pakistan-based handlers for the past few months.

'Tired of talking with INDIA bloc': AAP declares candidates for 3 Lok Sabha seats in Assam In an official release, AAP expressed displeasure towards the Congress party over seat-sharing and alleged, "We (AAP) were told that a solution would be found, but, when the Congress announced its candidates for all the seats in Assam on March 12. We are totally in shock by this approach of Congress, will it not be helping the BJP by dividing the votes? Will it not help BJP?" AAP added that the Political Affairs Committee (PAC) of AAP has decided not to contest the Guwahati Lok Sabha seat, by stating that the Aam Aadmi Party won the second-highest number of votes in the Guwahati Municipal Corporation elections after the BJP.

Investment to outperform consumption: The brokerage observed that Gross fixed capital formation (GFCF) growth in India accelerated sharply from 8.2 percent in 2002 to 17.5 percent in 2004, and the pace of growth held firm at 16.2 percent in 2005-07. In that cycle, the fiscal deficit was already consolidated, the banking system’s non-performing loan issues were cleaned up and the economy was poised for a capex upswing, it added. This cycle too, investment growth has been stronger, said the brokerage.

Aankh kholke dekh lo, kaan lagake sun lo, Majhi Mumbai ki hogi Jai Jaikaar, yeh baat ab maanlo (Open your eyes, hear if you can, Majhi Mumbai will emerge victorious. It’s time you accept this)" while sharing a promotional video of his Indian Street Premier League (ISPL) team, Majhi Mumbai. On March 14, Majhi Mumbai won against Chennai Singams, owned by Tamil star Suriya, by 58 runs with Abhishek Dalhor's outstanding performance.

Siemens , ABB India , Thermax share prices have seen strong run up on the bouses having gained up to 70% in a year. Bharat Heavy Electricals Share price has been a outlier having given multi bagger returns of 179% in a year to investors. The Capital good companies have been gaining regularly with economic activity catching pace .

Jairam Ramesh also said the party continues to demand unique bond ID numbers, so that it can precisely match donors to recipients. "The BJP's Hafta Vasooli strategy is simple raid a target through the ED/CBI/IT, and then seek hafta ("donations") for the company's protection. At least 14 of the top 30 donors have been raided," Ramesh alleged.

Stocks to buy today: As the Indian stock market is facing challenges from the domestic and global developments, a smart investor would look a this stock market crash as an opportunity for the bottom fishing. As the selling has taken place across segments and sectors, a smart choice may generate whopping returns beating the indices and other peers.

The rise of digital payments in India has been revolutionary, fueled by technological progress and government efforts to promote cashless transactions and financial inclusion. Government initiatives like the 2016 demonetisation, aimed at reducing black money and encouraging cashless transactions, gave a significant boost to digital payments. Moreover, the introduction of the Unified Payments Interface (UPI) by the National Payments Corporation of India (NPCI) transformed the digital payment scene. Today, India boasts one of the world's most advanced digital payment systems. 

The Employees' Provident Fund (EPF) is a well-known retirement savings scheme in India, overseen by the Employees' Provident Fund Organisation (EPFO). Under the scheme, the employer deducts a portion of an employee's salary each month and puts it into a fund that earns interest. This money can be withdrawn after retirement. The employer contributes 12% of the basic salary plus dearness allowance to EPF and deducts another 12% from the employee’s salary; 8.33% of the employer contribution goes to the Employees Pension Scheme (EPS) which earns no interest. 

Shares of Biocon fell over 6% to Rs 250.3 in Friday's trade on BSE after the firm said that its chief financial officer (CFO), Indranil Sen has resigned with effect from 15 March 2024. Indranil Sen has resigned to pursue opportunities outside the organization. He was relieved from his duties by the close of business hours on 14 March 2024, according to the company's regulatory filing.

DMK-Congress' INDIA bloc can never make Tamil Nadu a developed state as it has a «history of scams and corruption.» Addressing a rally in Tamil Nadu's Kanyakumari, the Prime Minister said that today the wave that has emerged from India's southern shore, in Kanyakumari, will reach far-off places. «In 1991, I began 'Ekta Yatra' from Kanyakumari to Kashmir. This time, I travelled from Kashmir to Kanyakumari. The people of Jammu and Kashmir have rejected the people who want to divide India. I am certain that the people of Tamil Nadu will also do the same,» PM Modi said.

stocks witnessed a build of fresh short positions. Lets first understand how this conclusion is reached that whether the stock has seen a buildup of fresh short position or not. To understand it we have to look at what “ short selling” means. When a trader is expecting the stock prices to fall, he may sell the stock without owning that and buy at a lower price, for example, stock XYZ is trading at 100, a trader sells the stocks at Rs 100 and buys it back at Rs 90. He made a profit of Rs 10. Selling the stocks without owing the underlying stock is called short selling.

Rajasthan, is one of the 25 Lok Sabha constituencies in the state. Known for its historical significance and vibrant culture, Jhunjhunu boasts several tourist attractions like the Rani Sati Temple, Kali Pahari, and Khetri Mahal. The city is also home to esteemed educational institutions like GB Shah Girlt College, Seth Motilal Post Graduate College, and Shri Netram Maghraj College. Jhunjhunu Lok Sabha Elections: Dates and schedule The 2024 Jhunjhunu Lok Sabha Elections are expected to take place in April or May, with the exact dates yet to be confirmed by the Election Commission of India. This election has garnered significant interest from political observers and the public alike, with results expected to further intensify the political landscape in the region.

With elections slated to take place some time around April-May 2024, the Prime Minister Narendra Modi-led Bharatiya Janata Party is looking to come back to power for the third consecutive term, having bagged the majority in 2014 and 2019. Campaigning for the upcoming polls are already underway, with the BJP confidently claiming that the party would clinch over 400 seats in the 543-seats strong Lok Sabha.