India Financial News
06.03 / 07:41
UPS
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Features
Realme 12, Realme 12 Plus 5G launched in India: Price, specs, launch offers and everything you need to know
₹25,000 price segment, giving companies like Samsung, Motorola and Xiaomi a run for their money. Realme 12 5G and Realme 12+ 5G run on the company's latest Realme UI 5.0 custom UI based on Android 14 operating system. Realme 12 5G is priced at ₹16,999 for the 6GB RAM/128GB storage and ₹17,999 for the 8GB RAM/128GB storage variant.
06.03 / 07:41
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Mahanagar Gas stock tumbles 16% to hit 6-week low after Citi cuts target price
Mahanagar Gas, the leading city gas distributor in Mumbai and surrounding areas, tumbled 16.2% to ₹1,305 apiece in today's intraday trade, reaching a 6-week low. This sharp decline was triggered by a rating downgrade from 'Buy' to 'Sell' by the global brokerage firm Citi. The brokerage also lowered the target price from ₹1,480 to ₹1,405 apiece, citing concerns about the drop in margins.
06.03 / 07:07
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The new Indian textile boom: 3 stocks for your watchlist
India's textile industry, 26 February was a big day, marking a significant milestone with the inauguration of the Bharat Tex Expo at Bharat Mandapam (IECC) in the national capital by Prime Minister Narendra Modi. The expo, celebrated as the world's largest textile event, attracted over 3,000 exhibitors, 3,000 buyers, and 40,000 visitors from more than 100 countries.
06.03 / 07:07
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Provident
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Cycling
Power Sector: Is it heading towards another collapse? Bernstein answers
₹8.4 /kWh in April 2009 before plummeting, dragging down the entire sector including utilities, equipment providers, and financiers, it noted. The downfall of the last cycle can be attributed to various factors, primarily stemming from the initial phase of privatisation, stated Bernstein. Amidst a landscape dominated by government agencies and influenced by political agendas, the sector was buoyed by easy financing from banks and NBFCs, leading to its eventual collapse.
06.03 / 07:07
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Experts
Gold price today: Gold rate trades lower; what should be your strategy for MCX Gold today?
Mint Primer | India and the Red Sea sharks: crisis without an end? Meanwhile, MCX Gold traded 0.14 per cent lower at ₹64,756 per 10 grams around 11 am. Experts expect gold prices to remain volatile for the session. They advise one should keep the key support and resistance level in mind while trading in the yellow metal today.
06.03 / 07:07
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Reliance Capital's lenders' legal advisors ask Hinduja Group to submit resolution plan before March 31, says report
Reliance Capital have formally communicated with Hinduja Group, insisting on the prompt implementation of the resolution plan before March 31, 2024, the Economic Times reported citing sources. Despite the bankruptcy court allowing a 90-day window for the winning bidder, IndusInd International Holdings (IIHL), the legal counsel from Luthra and Luthra Law Offices stressed the importance of adhering to the specified timeline. Also Read | Multibagger stock: Electrosteel Castings zoomed over 380% in a year; is there more upside left? IIHL did not respond to queries, the report said.
06.03 / 07:07
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IIFL Finance says Fairfax India to invest up to $200 million in liquidity support
IIFL Finance said in a regulatory filing. “We have been long-term investors in the IIFL group of companies and have full trust and confidence in the company's strong management team led by Nirmal Jain and R Venkataraman. We are confident that Nirmal and Venkat will take corrective actions to meet and exceed RBI's compliance standards," said Prem Watsa, Chairman of Fairfax India.
06.03 / 07:07
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inclusion
Index inclusion a game changer for Indian fixed-income markets: Vishal Goenka of IndiaBonds.com
Vishal Goenka, Co-Founder of IndiaBonds.com believes the the inclusion of Indian bonds in JP Morgan and Bloomberg indices will be a game changer for the Indian fixed-income markets. In an interview with Mint, Goenka emphasised investors should invest in bonds to diversify their portfolios and also highlighted the most important developments in the bond markets in recent times. Edited excerpts: The answer is simple: all financial investors should diversify their portfolios as the basic thumb rule of financial investments.
06.03 / 07:07
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Seven Indians stuck on Russia-Ukraine border seek govt's help | Watch video
‘20 Indians have contacted embassy in Moscow’: MEA shares update One of the Indian nationals said they arrived in Russia on tourist visas on 27 December to celebrate the New Year. They had a visa for the Russia trip - valid for 90 days - but then travelled to neighbouring Belarus. "An agent offered to take us to Belarus...
06.03 / 07:07
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Multibagger stock: Electrosteel Castings zoomed over 380% in a year; is there more upside left?
Electrosteel Castings (ELSC). A year ago, shares of Electrosteel Castings were priced at ₹33.85 each. Today, they are trading at ₹163.25, marking an impressive gain of 382%.
06.03 / 07:07
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Khel Mahakumbh 2024: Rohit Sharma attends sports event at 5:30 AM ahead of India vs England 5th Test in Dharamshala
cricket match. Both took turns to bat a few balls, making the crowd happy.
06.03 / 05:42
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Cost of Living LIVE Updates March 06: Fuel prices steady. Petrol, diesel prices remain unchanged. Check your city here
Cost of Living LIVE Updates March 06: The cost of living is the amount of money one needs to survive in a given place – and one's most essential needs such as food, water, housing, taxes, cost of commute, healthcare, etc. The high rate of inflation has pushed up the cost of living across the globe, burning a hole in the common man's pocket.
06.03 / 05:41
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PM Modi inaugurates India's 1st under-river metro section in Kolkata, takes a ride with school students | 5 points
All you need to know about India's 1st under-river metro section in Kolkata The Howrah Maidan-Esplanade section passes under the River Hooghly, on the east and west banks of which are situated Kolkata and Howrah City. The 4.8 km stretch between Howrah Maidan and Esplanade is the second section of the East-West Metro corridor between Howrah Maidan and the IT hub Salt Lake Sector V.
06.03 / 05:41
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reports
Kerala government job creation: ₹1,520.69 crore investment yields 5,839 jobs in 8 years, shows RTI
jobs with an investment of ₹1,520.69 crore in companies boasting a turnover of ₹5 crore, India Today reported. Also Read | Credit Card Fraud: American Express blames third-party vendor for data breach, says report It added that despite a reported investment of ₹1,520.69 crore by the state government, the outcome yielded less than 6,000 new jobs in Kerala during the specified period.
06.03 / 05:41
UPS
ICICI Bank, State Bank Of India & others hit 52 week high today ; Do you own any?
Bank Nifty was up by 429.25(0.9%) at 06 Mar 2024 10:44:53 IST.In the BSE Sensex index Axis Bank, Kotak Mahindra Bank, ICICI Bank, Indusind Bank, State Bank Of India were the top gainers while NTPC, Power Grid Corporation Of India, Wipro, Tata Steel, Bajaj Finance were the top losers.In the Bank Nifty index Kotak Mahindra Bank, Axis Bank, ICICI Bank, Indusind Bank, Bank Of Baroda were the top gainers while Bandhan Bank, IDFC First Bank, Punjab National Bank, were the top losers.For the complete list of 52 week high stocks click here. Milestone Alert! Livemint tops charts as the fastest growing news website in the world
06.03 / 05:41
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AVP
AVP Infracon IPO price band set at ₹71-75 per share; check issue dates, other key details of SME IPO
₹71 to ₹75 per share. The company plans to raise ₹52.34 crore at the upper end of the price band from the book-built issue which is entirely a fresh issue of 69.79 lakh equity shares. The IPO lot size is 1,600 shares and the minimum investment amount required by retail investors is ₹120,000.
06.03 / 05:41
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wellness
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travelers
International
Jet-Set-Go: Tour the World in Style with Your HDFC Regalia Gold Credit Card
Regalia Gold Credit Card members entitles you to two complimentary flight tickets. You also get a complimentary membership for Club Vistara Silver Tier and Make My Trip Black Elite, using which you can gain access to all the member benefits of these two coveted platforms. The best part is that this is a welcome benefit, which you can avail as soon as you spend an amount of ₹1 lakh within 90 days of the credit card being issued to you.
06.03 / 05:39
Provident
Progressive
hospital
Videos
International
cricket
From snow-covered field to stadium in a month: ICC shares construction video of India vs Pak T20 world cup match venue
T20 World Cup 2024 just three months away, the International Cricket Council (ICC) has provided an update on the progress of the Nassau County International Cricket Stadium in New York, which will be the venue for the much-awaited T20 World Cup match between India and Pakistan. The construction work on the stadium has been going on for the past month in preparation for the ICC Men's T20 World Cup 2024, which is set to begin on June 1. On June 9, the stadium will witness the clash between the cricketing rivals, India and Pakistan. ICC released a time-lapse video, marking the milestone of one month since the project's initiation.
06.03 / 05:39
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track
Mahashivratri 2024 bank holiday: Banks closed in these states on Friday, March 8
The Reserve Bank of India holiday list shows that banks across states will be closed for 14 days in March 2024. In March, many states will observe three days of consecutive bank holidays twice, i.e., there are two long holiday weekends. These days include all Sundays, the second and fourth Saturdays, public holidays, and a few regional holidays. Bank clients should keep track of the dates of impending bank holidays in March so that they may plan their trips to their bank offices properly.
06.03 / 05:39
COST
FIVE
Waters
Dreams
country
social
India's 'drone sisters' steer farming and social change
rural India, Sharmila Yadav always wanted to be a pilot and is now living her dream remotely, flying a heavy-duty drone across the skies to cultivate the country's picturesque farmlands. Yadav, 35, is among hundreds of women trained to fly fertiliser-spraying aircraft under the government-backed «Drone Sister» programme. The scheme aims to help modernise Indian farming by reducing labour costs, as well as saving time and water in an industry hamstrung by its reliance on outdated technology and growing climate change challenges.
06.03 / 05:39
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Tube Investments shares drop 1.15% as Sensex falls
Tube Investments of India Ltd. traded 1.15 per cent down at Rs 3523.95 at 11:06AM (IST) on Wednesday, even as BSE benchmark Sensex dropped 115.87 points to 73561.26. The stock had closed at Rs 3565.05 in the previous session. The stock quoted a 52-week high and 52-week low of Rs 4120.8 and Rs 2432.0, respectively.
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