India Financial News

Xiaomi 14 series, first revealed on a global stage during the Mobile World Congress (MWC) 2024, comprises three distinctive models: Xiaomi 14, Xiaomi 14 Pro, and Xiaomi 14 Ultra. With teasers flooding social media platforms in recent weeks, enthusiasts are poised to finally get a glimpse of the official specifications and design elements of the Xiaomi 14 series. Xiaomi enthusiasts can catch the Xiaomi 14 launch event live on the company's official YouTube channel, starting at 6 PM today, March 7.

Anil Agarwal took to social media site X (formerly known as Twitter), to express that he is optimistic about India's growing electric vehicles segment enabling job creation in the country. In a post on March 7, the industrialist noted that EVs use up to six times more minerals compared to conventional vehicles and if played out correctly, the need for these resources could drive up jobs in the local mining sector. He further added that a "explore, mine and make in India" mantra by startups and small and medium enterprises (SMEs) will be an important factor in tapping the "massive potential" for job creation in the country.

Suzlon Energy, the country's largest renewable energy solutions provider, jumped 4.60% in today's intraday trade to ₹40.50 apiece after the company bagged a new wind power project. Also Read: Suzlon Energy share slumps 5%, down 15% in last one month; Here's why In today's exchange filing, the company said it received a 72.45 MW wind power project from Juniper Green Energy Private Limited. The company will install 23 wind turbine generators (WTGs) with a Hybrid Lattice Tubular (HLT) tower and a rated capacity of 3.15 MW each.

Anu Aggarwal, President & Head of Corporate Banking, Kotak Mahindra Bank “As we celebrate International Women's Day, it's a poignant reminder of the strides women have made in the world of finance, even more so in India. The finance sector is witnessing a remarkable evolution with increasing participation from women.

Edtech firms bet on upskilling, higher education amid funding gloom In January this year, ventures with at least one female founder raised $74 million- 16% of the $461.7 million. Indian women excel in punctual loan repayments compared to men, shows study Fireside Ventures, Titan Capital, Rainmatter Capital, She Capital, Better Capital, Stride Ventures, Whiteboard Capital, Google for startups, Mumbai Angels, Lightbox, and All In Capital are among the leading investors that have funded women-founded ventures.

Anant Ambani pre-wedding: SRK delivers 'Mohabbatein' dialogue in Gujarati "As I reflect on the past week in India, one thing stands out: The incredible hospitality everyone showed Paula and me, especially from Mukesh and Nita at the beautiful celebration of their son Anant and his fiancée Radhika," Bill Gates wrote. A post shared by Bill Gates (@thisisbillgates) Previously, Bill Gates also shared a picture with Infosys co-founder Nandan Nilekani and his wife. He also shared how their pre-wedding festivities gave him a chance to catch up with old friends.

US military said that three people have been killed and at least four wounded after a missile fired by Yemen's Houthi rebels hit a bulk carrier in the Gulf of Aden. The Indian Navy also added that critical medical aid was provided to injured crew.

In a panel discussion hosted by ETMarkets, CoinSwitch CEO Ashish Singhal expressed optimism regarding the regulatory landscape's evolving stance towards innovation within India's digital ecosystem. Singhal also shed light on the company's efforts to educate beginners, the growing interest of businesses in blockchain technology, interactions with regulatory authorities, and strategies for navigating the complex regulatory landscape. Edited excerpts:

Covid-19 cases in the past 24 hours, marking the highest daily number since May last year. This increase in infections is not limited to Delhi alone, as other northern states like Rajasthan, Uttar Pradesh, and Bihar are also experiencing a rise in cases. Over the past 15 days, Delhi has reported a total of 459 cases, compared to 191 in the previous two weeks and 73 in the 15-day period prior to that. Similarly, Rajasthan has seen an increase in cases, with 226 reported in the last 15 days compared to 96 and 27 in the previous two fortnights, according to data from the Union health ministry. Although the reported numbers may not be significant, experts believe that the actual count is likely much higher due to low testing rates. The last time Delhi reported more than 50 daily Covid cases was in May 2023, during the declining phase of a nationwide surge that began in March and peaked in mid-April, with over 12,500 cases reported on April 19.

The NSE Nifty index traded 22.0 points down at 22452.05, while BSE Sensex was down 50.1 points at 74035.89 as of 10:50AM(IST)on March 07.

Cameron Brandt, EPFR Global, The issue for India, certainly from a fund perspective, has been that the global emerging markets funds, the big diversified funds, even as they have raised their average allocation to India to a new record high, have not been attracting much money, if at all. So that source of flows has really dried up or even gone into reverse for much of the past five, six months. The India dedicated funds on the other hand, never left.

GAIL (India) Ltd. traded 0.13 per cent down at Rs 190.15 at 10:56AM (IST) on Thursday, even as BSE benchmark Sensex dropped 58.48 points to 74027.51. The stock had settled at Rs 190.4 in the previous session. The stock quoted a 52-week high price of Rs 196.35 and 52-week low of Rs 102.1, respectively. As per BSE data, total traded volume on the counter till 10:56AM (IST) stood at 171899 shares with a turnover of Rs 3.28 crore.

wicketkeeper batter Dinesh Karthik is all set to make his last IPL appearance in the 2024 edition beginning on March 22, and he will decide on his international retirement after the lucrative T20 league. The 38-year-old, who is currently contracted with the Royal Challengers Bangalore, has played in all the 16 editions of the IPL since 2008 and has only missed two matches across 16 seasons. «This 2024 edition will be his (Dinesh Karthik's) last IPL. He will decide his international retirement after the IPL,» a BCCI source told PTI on conditions of anonymity. One of the most experienced wicket-keeper batters in the IPL, Karthik has represented six teams in the league.

IIFL Finance jumped over 9% on Thursday to the day's high of Rs 417 on the NSE after breaking their four-session losing streak. The price action was amid strong volumes with over 79.84 lakh shares getting traded on the NSE at around 10 am. On Wednesday, Fairfax India Holdings Corporation, a longstanding investor in IIFL Finance announced that it will provide liquidity support of $200 million amidst the RBI embargo on the company's gold loan disbursements.

Bajaj Auto Ltd.(up 2.57 per cent), Tata Motors Ltd.(up 1.02 per cent), TVS Motor Company Ltd.(up 0.85 per cent), Ashok Leyland Ltd.(up 0.39 per cent) and Bosch Ltd.(up 0.32 per cent) were among the top gainers.

Indraprastha Gas has cut the price of compressed natural gas (CNG) in the capital Delhi by ₹2.5/kg effective from today, March 7. This reduction in the gas prices, effective from 6 am Thursday, will be in all the geographical areas of the gas distributor, IGL said in a post on X. The revised selling price of CNG in Delhi shall be ₹74.09 per kg, while it will be ₹78.70 per kg in Noida, Greater Noida and Ghaziabad.

Ashwin was joined by his wife Priya and children for the momentous occasion, where he addressed all the Indian players and presented the debut cap to Devdutt Paddikal. Ashwin also received a special memento in the form of a 100th Test cap from India coach Rahul Dravid in front of the team and his family. The veteran spinner was also given a guard of honour on his way to the field for the start of the 5th Test against England.

public health challenge in India, particularly affecting women. Statistics emphasize the rising incidence of cancer in India, with a disproportionate impact on women than men. There is a necessity for a heightened emphasis on preventive measures, such as adopting a healthy lifestyle, receiving vaccinations (e.g., HPV vaccine for cervical cancer), and undergoing regular screenings to facilitate early detection.

IIFL Finance, one of the leading NBFCs engaged in retail credit, rebounded in today's session with an intraday gain of 10%, reaching ₹420.40 apiece after the company on Wednesday announced that Fairfax India agreed to invest up to US$200 million in liquidity support amidst the recent Reserve Bank of India (RBI) embargo on the company's gold loan disbursements. "The RBI's embargo has raised liquidity concerns amongst the company’s investors and lenders.

₹5,000 crore worth of projects and programme in today's event in Jammu & Kashmir. With Lok Sabha elections nearing, Prime Minister Narendra Modi is constantly travelling to different states and launching several projects to strengthen his Bharatiya Janata Party's voter base.

As International Women's Day approaches, it serves as a poignant reminder of the achievements, struggles, and resilience demonstrated by women globally. Despite the myriad responsibilities they shoulder, societal expectations and ingrained gender norms frequently push women to prioritise the needs of others over their own. This tendency to prioritise caregiving and homemaking roles often leads to neglecting personal health and financial matters.