India Financial News

artificial intelligence (AI) in human resources and recruitment function has the potential to lead to massive productivity gains, said Deepa Param Singhal, vice president, Cloud Applications, Oracle India. Sectors such as business services, financial services, education, retail and healthcare are among those that are majorly impacted by the advent of Gen AI, she told ET.

Haier is «buoyant» about the fast-growing Indian market where it aims to become the second largest player in the next five years, with increased investments in manufacturing and product portfolio expansion, the company's India President N Satish said on Wednesday. Haier Appliances India, a part of the Chinese multinational Haier Group, is investing around Rs 800 crore on capacity expansion here this year, and has also lined up future expansion plans, he said. The company is also increasing indigenisation, which is a key «thrust area» for the company, where it expects local souring to contribute up to 80 per cent across products in next two years. Haier India is also increasing exports from its Indian operations to other countries and is scouting for new markets in the Middle East and African countries, besides expanding its retail business in the domestic markets.

Shares of Kotak Mahindra Bank Ltd.(up 2.57 per cent), Axis Bank Ltd.(up 2.2 per cent), Bank of Baroda(up 1.61 per cent), Federal Bank Ltd.(up 1.33 per cent) and ICICI Bank Ltd.(up 0.84 per cent) ended the day as top gainers in the pack.

Paytm wallet users will not face any disruption because of regulatory actions, and the remaining users have been advised to link their apps to other banks, RBI Governor Shaktikanta Das said on Wednesday. The Reserve Bank of India on January 31 barred Paytm Payments Bank Ltd (PPBL) from accepting deposits, credit transactions, or top-ups in any customer accounts. The deadline for linking the wallet attached with PPBL with other banks has been fixed for March 15, the governor said, ruling out any further extension.

high-momentum stocks within the Nifty 200 universe. However before we understand what the Nifty 200 Momentum 30 Index is, it is important that we understand what the Nifty 200 Index is. The Nifty 200 is a broad-based market capitalization weighted index launched by the National Stock Exchange of India (NSE) in 1993.

said, "...many things come to our minds whether we should repeat such a mission or bring samples or will we do a type of mission different from what others did. This question is still being debated and discussed." ALSO READ: Chandrayaan 3: What is India's mission to moon? Why is it important? Sonamath explains how the next lunar mission will be more challenging than Chandrayaan 2 and 3: 1. Somanath said there's a need for multiple launchers for this mission.

India TV-CNX Opinion polls, BJP-led NDA is projected to win 378 out of 543 seat while the India bloc is projected to win 98 seats. In an opinion polls conducted in 543 Lok Sabha constituencies between 5-23 February stated that BJP can win about 335 seats on its own crossing its 303 seats win in 2019. The opinion poll stated that BJP could win all 26 seats in Gujarat, all 29 seats in Madhya Pradesh, all 25 seats in Rajasthan, all 10 seats in Haryana, all 7 seats in Delhi, all 5 seats in Uttarakhand while all 4 seats in Himachal Pradesh.

NEW DELHI : The Directorate General of Civil Aviation (DGCA) on Wednesday granted air operator’s certificate to Goa-based Just Udo Aviation Pvt Ltd to operate its airline Fly91. The grant of the air operator certificate marks the completion of all regulatory and compliance requirements for the airline to begin its commercial operations, the airline said in a statement. "We now look forward to commencing the sale of tickets leading to the start of commercial operations soon," managing director and chief executive officer of Fly91, Manoj Chacko said.

demat accounts. In light of these incidents, it becomes imperative to assess the security of one's demat account by understanding its structure and recent developments in trading practices. This scrutiny is essential for investors to ensure the integrity and safety of their investments in the dynamic landscape of India's financial markets.

External Affairs, Government of India and the US Department of State. According to the MEA release, such exchanges have helped bring the people of India and the United States closer through opportunities that enrich fellows’ academic, research, teaching, and professional capacities.

Crisil, in its India outlook report, projected that the Indian economy is poised for substantial growth in the upcoming fiscal year, forecasting a GDP growth rate of 6.8 percent. This indicator, the GDP growth rate, measures the year-over-year or quarterly change in a nation's economic output, offering insight into the pace of economic expansion.

ALSO READ: Dharamsala curator may prepare pitch for 5th Test after discussing with Indian team management "There was a guy called Rishabh Pant in our team, probably Ben Duckett hasn't seen him play," Hindustan Times quoted Rohit as saying during the press conference. Jaiswal emerged as India's top-scoring batter in the ongoing Test series against England, scoring 655 runs in 4 matches so far at an average of 94.57 and a strike rate of 78.63. Earlier, Duckett had suggested that the England team's 'Bazball' style of play should be given credit for encouraging the left-handed Indian opener to play in the way he has batted so far.

Nakoda Group Of Industries Ltd.(up 19.98%), Varun Beverages Ltd.(up 3.94%), Euro India Fresh Foods Ltd.(up 2.02%), Bikaji Foods International Ltd.(up 1.86%), Tata Consumer Products Ltd.(up 1.63%), Tasty Bite Eatables Ltd.(up 1.25%), Britannia Industries Ltd.(up 1.15%), Hatsun Agro Products Ltd.(up 0.59%), Mrs. Bectors Food Specialities Ltd.(up 0.50%) and Colgate-Palmolive(India)Ltd.(up 0.47%) stood among the top gainers.

India Inc is set to see a 9.6% salary increase on average in 2024, similar to the actual increase last year, according to the second edition of EY ‘Future of Pay 2024’ report. Overall attrition fell to 18.3% in 2023 (from 21.2% in 2022) and is set to gradually decline over the next few years as companies prioritise cost management and employee well-being, stabilising the workforce amid high talent demand, it said.

Muft Bijli Yojana. With the help of this program, up to one crore families in India can receive financial assistance for installing solar panels on their roofs. PM Surya Ghar Muft Bijli Yojana: Step-by-step guide on how to get subsidy in your bank account within 30 days According to a Press Information Bureau (PIB) release dated February 29, 2024, “Postmen will assist households in registration. We encourage all individuals to engage and take advantage of this opportunity for a cleaner, cost-effective energy future. Postmen will assist households in registration. For more info, visit https://pmsuryaghar.gov.in/ or contact the area postman. Please visit your nearest Post Office for further details.”

Shaktikanta Das, Governor, the Reserve Bank of India, says «given the uncertainties that we have, including weather-related events, we would like inflation to durably be around 4%. It cannot be just a one-off number or one-month number touching 4% which will give us satisfaction. It has to be sustainable and durable at around 4%. That will give us greater confidence, but the direction is very clear. Inflation is on a downward trajectory. Ever since you took over as the Governor of Reserve Bank of India, December 2018, is this the best macro and the economy set up we have seen? Shaktikanta Das: Yes, in a long time, not just in the last five years. Of course, in the last five years, we have seen several turbulent moments initially coming from the collapse of the IL&FS, followed by the COVID and many other external developments. So, we have gone through a very turbulent period.

By Swati Bhat

Avadh Sugar & Energy Ltd.(up 0.62%) and Ponni Sugars(Erode)Ltd.(up 0.46%) stood among the top gainers.

Shares of Bajaj Auto Ltd.(up 3.05 per cent), Mahindra & Mahindra Ltd.(up 1.62 per cent), Hero MotoCorp Ltd.(up 0.99 per cent), Balkrishna Industries Ltd.(up 0.43 per cent) and MRF Ltd.(up 0.24 per cent) ended the day as top gainers in the pack.

aviation regulator Directorate General for Civil Aviation (DGCA) has given new airlines Fly 91 Air Operator's Certificate (AOC). Fly91, which is helmed by top aviation veterans, has the tagline 'Bharat Unbound'. The airline is promoted by Harsha Raghavan, the former head of Fairfax India and Manoj Chacko, former executive vice president of defunct Kingfisher Airlines. The airline will have the new Goa airport built by GMR as its main base, while the coastal state will also house the headquarter of an airline for the first time.