India Financial News

Ramadan 2024 moon sighting: The sighting of the crescent moon marks the beginning of the holy month of Ramadan. The exact timing of the moon sighting can vary depending on geographical location and local moon sighting traditions. The beginning of Ramadan 2024 is determined by the Islamic calendar which is based on the lunar cycle and is 29-30 days long.

Yusuf Pathan, the former Indian cricketer who played 57 ODIs and 22 T20Is for India between September 2007 and March 2012, has ventured into politics. He has been named as the Trinamool Congress (TMC) candidate from West Bengal's Berhampore seat for the upcoming Lok Sabha polls. Pathan, 42, is expected to face Congress' Adhir Ranjan Chowdhury, a vocal critic of TMC supremo Mamata Banerjee, who has held the seat since 1999. Cricket to Politics: Pathan's Political Journey Hailing from Gujarat's Vadodara, Pathan is renowned for his cricketing career, particularly with the Kolkata Knight Riders (KKR) in the Indian Premier League (IPL). He joins a list of Indian cricketers who have transitioned into politics, including Gautam Gambhir, Kirti Azad, Navjot Singh Sidhu, Manoj Tiwary, Mohammed Azharuddin, and Chetan Chauhan, among others.

free trade pact between India and the four-nation bloc European Free Trade Association (EFTA), Swiss State Secretary for Economic Affairs, Helene Budliger Artieda, affirmed that India will be world's premier manufacturing and service hub. She also said that the quality goods from India will get a very open market in Switzerland, adding that the Trade and Economic Partnership Agreement (TEPA) will also open job opportunities for the Indian youth. Speaking to ANI, the Swiss Secretary said, «It's a massive moment of joy for us. We've been negotiating this agreement for more than 16 years...I'm completely delighted that we managed to push it through during the past eight months.»

Russia-Ukraine conflict raged in 2022, the United States started «preparing rigorously» for a potential nuclear strike by Moscow against Kyiv, in what would have been the first nuclear attack since the US dropping atomic bombs on Hiroshima and Nagasaki nearly eighty years before, CNN reported citing two senior administration officials. The report stated that outreach from Prime Minister Narendra Modi and other countries also played an important role in averting the crisis. The Biden administration was specifically concerned Russia might use a tactical or battlefield nuclear weapon, the officials said.

airport projects, entailing a total capital expenditure of Rs 9,800 crore and includes new terminal buildings at 12 airports such as Delhi, Lucknow Airport and Pune. «Earlier, during the election season, people made announcements. No one asked them about the status of these projects...Before elections, they would come and lay the foundation stone. Foundation stones used to get lost, so would the politicians,» Modi said. «You must not look at this matter from the lens of general elections...This is a journey for development, and by 2047, I aim to make India a developed country,» he added.

Election Commissioner Arun Goel as «very surprising and shocking», days before the expected announcement of the schedule for the 2024 Lok Sabha elections, AIMIM president Asaduddin Owaisi on Sunday demanded the Narendra Modi government to tell the reasons for his resignation. Goel resigned on Saturday, days before the expected announcement of the schedule for the 2024 Lok Sabha elections.

Trinamool Congress (TMC) has announced its candidates for all 42 seats in West Bengal, with former Team India cricketer Yusuf Pathan set to contest from the Baharampur constituency, a Congress stronghold currently held by its Lok Sabha leader Adhir Ranjan Chowdhury. While the Congress is yet to announce its candidates, Chowdhury is expected to seek re-election from Baharampur, a seat he has won five times in the Lok Sabha. The TMC's announcement comes amidst the confirmation that there will be no formal alliance with non-BJP parties in the state.

Board of Control for Cricket in India (BCCI). The coach of the Indian team emphasized the value of learning despite the outcome of the game. Rahul Dravid acknowledged the challenges Team India faced during the five-match series and said that the boys came through with flying colors.

Also read | PM Modi schedule today: Several airport projects across states to foundation stone in UP | 7 points The GMR group stated that with the expansion, "Delhi Airport now stands among elite global hubs, boasting a 100 MPPA capacity. The integration of Arrival and Departure terminals is not just architectural; it's a transformative journey, resonating with India's ambition and connecting the nation to the world." Also read | ‘Doosri mitti ka insaan..’, says PM Modi as he inaugurates 15 airport projects, including New Delhi's Terminal 1 "Through this project, we have reimagined a seamless journey facilitated by facial recognition, self-service kiosks, and automated baggage systems.

Lava. Also Read | Xiaomi 14, Xiaomi 14 Ultra launched in India, priced at ₹69,999 and ₹99,999 respectively: Check specs 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. The smartphone is likely to be powered by the MediaTek Dimensity 6080 processor based on the TSMC 6nm process, paired with Mali G57 GPU.

ALSO READ: TMC candidate list for Lok Sabha polls 2024: Check full list The TMC on Sunday announced 42 candidates for the upcoming Lok Sabha elections. Former Indian cricketer Yusuf Pathan has been fielded from Behrampore. He will be pitted against Congress heavyweight Adhir Chowdhury.

Popular Vehicles & Services IPO: Popular Vehicles & Services is all set to hit the primary market with its initial public offerings (IPO) on Tuesday, March 12. The public issue will remain for subscribers till 14th March 2024 i.e.

ALSO READ: Anand Mahindra says children are influencing which car a family buys; Netizens call these ‘problems of privileged’ Taking to X, Mahindra wrote, "You brought us glory in Phoenix two years ago @ChaseBriscoe_14 And now… We’re cheering for the sequel…" Mahindra also shared a video of upcoming Phoenix Raceway which will take place from 1 pm on 11 March and Chase Briscoe will be driving his No. 14 Ford Mustang Dark Horse for Stewart–Haas Racing, with Mahindra Tractors as an anchor partner.

Mid & Smallcaps are underperforming… 21,983 22,494 2.3% 20,090 20,435 1.7% 17,831 17,996 0.9% 14,965 14,803 -1.1% It is prominent to acknowledge that a good amount of the mid & small caps rally in FY24 was triggered by high inflows from retail investors. Led by both, inflows through MFs and direct investment. SIP inflows were ₹18,800cr for January 2024, up 36% YoY.

Indian stock market: The Nifty stayed below the psychological 22,500 mark, with call writers at the 22,500 strikes significantly increasing their positions. On the downside, support is expected to hold at 22,400. The buy-on-dips strategy is likely to persist as long as it remains above 22,400.

Trinamool Congress has dropped MP Nussrat Jahan from contesting the Basirhat Lok Sabha seat amid the Sandeshkhali row. The party has fielded Nurul Islam in place of Nusrat Jahan. Mamata Banerjee-led TMC today announced a total of 42 candidates from West Bengal for the upcoming Lok Sabha elections.

Bengaluru, hotel and restaurant managers have raised concerns as the summer approaches. The owner of Nisarg Grand Hotel, Krishna Raj told ANI, “Since the summer is approaching, the water shortage is causing a lot of trouble, especially in the hotel business where we need a lot of water for cleaning, cooking, and drinking.

Chhatrapati Sambhajinagar of Maharashtra has been caught on camera roaming inside the facility’s premises without any clothes. Reports said that he was heavily drunk when he committed the act.

Lok Sabha polls and whether what he stands for is for the good of the people of the country would be the subject matter of the elections, Rajya Sabha MP Kapil Sibal said on Sunday. In a video interview with PTI, Sibal also said the opposition INDIA bloc needs to come out with a joint vision document which entails what key issues are there before the country which need to be addressed. Asserting that no election is a done deal, Sibal quipped, «I don't know whether picture baki hai ki nahi lekin jo picture chal rahi hai woh desh ke liye theek nahi hai (I don't know whether or not there is more to the film but the one that is playing is not good for the country).» Asked about the Indian National Developmental Inclusive Alliance (INDIA) losing its way with JD(U) chief Nitish Kumar crossing over to the NDA and TMC supremo Mamata Banerjee saying her party will go solo in the polls, Sibal said negotiations with Banerjee were still on and that was not an issue.

Mobile phone manufacturing in value terms jumped 21-fold to Rs 4.1 lakh crore in India in the last 10 years as government policy measures like PLI played a critical role in attracting global players to boost local production, industry body ICEA said in a statement. India now produces 97 per cent of its total mobile phone demand locally and 30 per cent of the total production in financial year 2024 is meant for export, the India Cellular and Electronics Association said. «Mobile phone production surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4,10,000 crore in FY'24, registering an increase of 2000 per cent. In 2014-15, mobile phone exports from India were a mere Rs 1,556 crore. The industry expects to end FY24 with an estimated export of Rs 1,20,000 crore. This would mean a 7500 per cent increase in exports over a decade,» ICEA said. According to a note on manufacturing, in the field of smartphones, Apple and Samsung, have played a crucial role in boosting mobile phone exports from the country.

Stone Sapphire India will invest Rs 1,000 crore to set up a manufacturing facility for homewares like glassware, sippers, dinnerware etc, in Baroda… Talking with PTI, Stone Sapphire India Pvt. Ltd. (SSPL) Chairman Vick Rana said that homeware products available in India are either for the lower class or very high-end for the elite and leave a huge vacuum for middle-class consumers. «Our work on new plant and capacity expansion has already begun in Baroda which is focused on the homeware segment. We are investing Rs.1000 crore on this expansion,» Rana said. The Baroda plant will manufacture small kitchen appliances, metal cookware, and drinkware. This will help increase not just the production capacity for the Indian market but also increase exports by at least 50 per cent, thereby making products in India for the world, he stated…