India Financial News

Rajnath Singh has approved a proposal for the expansion of the National Cadet Corps (NCC) with the addition of three lakh cadet vacancies. This decision comes in response to the growing demand for NCC enrolment from educational institutions across India. Since its inception in 1948 with just 20,000 cadets, the NCC will now have a sanctioned strength of 20 lakh cadets, solidifying its position as the world's largest uniformed youth organization. The inclusion of NCC as an elective subject under the National Education Policy 2020 aligns with the government's efforts to empower youth to become future leaders of the nation. The expansion plan aims to evenly distribute vacancies across all States and Union Territories, reducing the waiting list of institutions seeking NCC affiliation. It involves the establishment of four new Group Headquarters and the addition of two new NCC units.

Oscars not only encompassed red-carpet fashion but also tantalizing food offerings at star-studded after-parties. Canadian actor Simu Liu, renowned for his role in Marvel's 'Shang-Chi and the Legend of the Ten Rings,' took to social media to dish out his honest take on the culinary delights served at these exclusive events.

The NSE Nifty index was trading 49.96 points down at 22285.75, while BSE Sensex was down 19.94 points at 73648.02 at the time of writing this report.

Congress as it was the only constituency in Madhya Pradesh that the party managed to win in the 2019 elections. Let's explore this constituency in depth, covering its political history, demographics, recent elections, and voter turnout. Chhindwara Lok Sabha Elections: Dates

Info Edge (India) Ltd. traded 0.61 per cent up at Rs 5185.75 at 10:46AM (IST) on Wednesday, even as BSE benchmark Sensex gained 47.67 points to 73715.63. The scrip had closed at Rs 5154.0 in the previous session. The stock quoted a 52-week high price of Rs 5536.8 and 52-week low of Rs 3310.0, respectively. As per BSE data, total traded volume on the counter till 10:46AM (IST) stood at 1828 shares with a turnover of Rs 0.95 crore.

Benchmark NSE Nifty index rose 28.0 points to 22307.7 amid selling in frontline bluechip stocks.

HDFC Bank has initiated plans for the highly awaited initial public offering (IPO) of its subsidiary HDB Financial Services, as per an Economic Times report citing sources. A non-deposit-taking lender, HDB Financial could fetch a valuation in the range of $9 billion to $12 billion ( ₹75,000 crore to ₹1 lakh crore) during the IPO, contingent upon prevailing market conditions, an investment banker source told the paper. HDFC Bank holds 94.7 percent of its arm and is contemplating divesting a 10 percent stake in the IPO, potentially resulting in an issue size ranging from ₹7,500-10,000 crore, as per the report.

₹439.00 apiece on the BSE. Around 43.7 crore ITC shares, amounting to 3.5% of the total equity of the company, changed hands in a block deal that took place in the pre-market block window. The shares were sold at an average price of ₹400.4 apiece, taking the total transaction value to ₹17,491 crore, reports said.

Prosus NV, General Atlantic, Sofina, and Peak XV Partners, who have filed a case before the National Company Law Tribunal (NCLT) against Byju's $200 million rights issue. These investors allege that the issue suppresses their rights and accuse the company of mismanagement.

₹20,000 price point like the Realme 12 5G, Redmi Note 13 5G, Lava Curve Blaze 5G and more. According to a leak by tipster Abhishek Yadav, the Poco X6 Neo is likely to feature a 6.6-inch Full HD+ 10bit OLED display with support for 120Hz refresh rate, 1,000 nits of peak brightness and 1920Hz PWM brightness.

Ramzan, ANI reported. According to a report from news agency PTI, the restaurant management contacted the police after the crowd went out of control, leading to a massive traffic jam in the area. Hundreds of people congregated at the restaurant for free haleem, the video shared by PTI showed.

Ambush, barrage of bullets: CCTV captures final moments of Hardeep Nijjar On Saturday, Canada-based CBC News reported about a purported video footage that has surfaced showing Nijjar being shot by armed men. The video shows Nijjar leaving the parking lot of the Gurdwara in his grey Dodge Ram pickup truck. As he approaches the exit, a white sedan pulls in front of him, blocking his truck.

Infibeam Avenues informed the exchanges today that it has entered into a payment processing partnership with Saudi Arabia’s Saudi Awwal BankThe company also said that it has secured a eMSP Payment technical service provider approval from SAMA (Saudi Payments), in its exchange filing.Infibeam Avenues said its international subsidiary Infibeam Avenues Saudi Arabia has received a PTSP Certification from the SAMA (Saudi Payments) to operate as a Payment Processor (PTSP - Payment Technical Service Provider) in the Kingdom of Saudi Arabia (KSA), in its exchange filing.Post-certification, the company’s flagship payment brand, CCAvenue, will establish itself as a payment gateway (PTSP) player for digital transactions in the Saudi Arabian market.The company’s CCAvenue payment gateway solution has already done data localisation and hosting within the Kingdom of Saudi Arabia (KSA) as well as secured PTSP processing approval from the authorities.Sensex Today Live : Barring a few, most of the sectoral indices were in the green. Among the losers were Metal (down 0.66%), Pharma (down 0.54%), Health (down 0.57%), and Oil & Gas (down 0.52%).Sensex Today Live : The broader market had finally shaken off two days on its losing streak, with the indices opening in the green.

has reported citing sources. The aim is to make refund times the same for all situations. The refund is likely to get processed within around an hour or so, the publication added.

Read here: February inflation remains steady at 5.1% but food inflation up The marginal fall in India’s headline retail inflation last month was in line with the expectations of most economists and they expect the RBI’s Monetary Policy Committee (MPC) to stay put in the next meeting but may look to cut the repo rate in the second half of calendar year 2024. Madhavi Arora, Lead Economist at Emkay Global Financial Services expects higher food prices to pull headline inflation upwards in March, however, core inflation to ease further, and continue to significantly undershoot headline inflation in FY25 as well. “We see FY25E inflation at 4.8% (FY24: 5.4%), with core at 4.0% (FY24: 4.4%).

The SME IPO of AVP Infracon will open for subscription today and will close on March 15. The company aims to raise about Rs 52 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue. <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid»

India has made «outstanding progress» under the leadership of Prime Minister Narendra Modi from being the 10th largest economy of the world to soon to be the third largest, a popular Indian American Congressman has said, adding that a revolution is going on in India because of digitisation. «The progress (of India) is outstanding (in the last 10 years). When I think Prime Minister Modi was elected, India was like the 10th economy in the world, then it became the fifth economy and very soon to be the third largest economy in the world. So there is absolutely no doubt that India has made amazing progress,» Indian American Congressman Shri Thanedar told PTI in an interview. Thanedar, 69, represents the 13th Congressional District of Michigan and is highly popular among Indian Americans across the country. A Marathi speaker, he travels to various parts of the US, meeting and interacting with various Indian American groups and organisations. He was in India as part of a Congressional delegation last August. «It's a country of young people. I think it has more young people, percentage wise than most nations. That is the strength of India. India has now embraced technology. We are seeing the digitalisation of the financial systems, the banking systems. That digitalisation, that progress, that technology has reached smaller towns, villages. So there is a revolution going on in India,» Thanedar said.

ITC: British American Tobacco has initiated a block deal to offload a 3.5 percent equity stake in ITC to institutional investors, potentially raising as much as ₹16,775 crore. The India division of the British cigarette manufacturer intends to dispose of up to 43.69 crore ITC shares through accelerated book building at a price range of ₹384-400.25 per share, as reported by CNBC Awaaz, quoting sources. The share sale is priced at a 5 percent discount to Tuesday's closing price at the lower end of the price band.

Shaitaan Box Office Collection Day 5: Supernatural horror-thriller, Shaitaan, witnessed a sharp decline on Monday and the slump continued on Tuesday after performing exceptionally well over the weekend. The Bollywood movie stormed the box office on the day of its release, March 8, and made consistent progress thereafter before its business plunged on day 4 of its release. According to industry tracker Sacnilk, the film raked in ₹61.25 crore net during its five-day theatre run.

Buy or sell stocks for today: Frontline indices Nifty 50 and Sensex settled flat the previous day in a highly volatile session, driven by select gains in heavyweights including HDFC Bank, Reliance Industries, and Tata Consultancy Services (TCS). On the other hand, the domestically-focused midcaps and smallcaps suffered massive losses over stretched valuations.

Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to settle at 22,335.70. “Pain is likely to continue in the broader market amid stretched valuation and red flags from SEBI. Also, the mandatory disclosure format for mutual funds shared by SEBI to look at the stress situation in the funds, will be out by March 15.