India Financial News

Google over the company's Gemini AI chatbot's response to a question on whether it is valid to misgender Caitlyn Jenner to prevent a nuclear apocalypse. While taking a swipe at Google, Musk said that Gemini AI's insanity was staggering and explained that AI reflects the mistakes of its creators. Also Read | Former Twitter CEO Parag Agrawal, 3 other employees are suing Elon Musk for $128 million.

Bollywood actor looked for Ram Charan to join them on stage. “Where are you, Ram Charan?" he kept asking as he seemingly wanted the RRR star to join the three Khan in the performance. During this time, in apparent jest, SRK started speaking gibberish Telugu, which included the word “idli".

How can one open a demat account? Here are 4 simple steps to follow Rising GDP typically elevates inflation. Moderate inflation indicates a healthy economy. An increase in prices in general can loosely be termed as inflation.

Stock Market News: Domestic benchmark equity indices, the Sensex and the Nifty 50, began Tuesday's trading day on a negative note. Benchmark equity indices were trending down. The BSE Sensex opened lower by 104.87 points or down 0.14% at 73,767.42 level while the Nifty 50 opened at 22,371.25 level, down 34.30 points or 0.15%.

Modi ka Parivar (Modi’s family)" to their social media handles soon after PM Modi said at a rally in Telangana’s Adilabad that the people of the country love him like a “member" of their family. “And that is why I say 140 crore people of this country are my family... Crores of daughters, mothers and sisters… all the poor people in the country....are my family.

Insolvency and Bankruptcy Code (IBC) has emerged as a pivotal tool in India's quest to bolster its attractiveness to global investors. By streamlining the process of resolving insolvency cases, the IBC not only facilitates the efficient allocation of capital but also instils confidence in investors regarding the robustness of India's legal and regulatory framework. The Supreme Court recently noted that the principle aims of the IBC are to promote investment, and resolution of insolvencies of corporate persons, firms, and individuals in a time bound manner. The IBC consolidated and amended a web of laws which had led to an ineffective and inefficient mechanism for resolution of insolvencies marked with significant delays. One of the key aspects that enhances India's global appeal is the IBC's provision for cross-border insolvency cases. The Insolvency and Bankruptcy Code contains provisions enabling cross-border insolvency cases through bilateral agreements and the issuance of letters of request to foreign courts by Adjudicating Authorities (AAs) under section 234 and section 235. Through bilateral agreements and the issuance of letters of request to foreign courts, the IBC enables seamless resolution of insolvency cases involving international stakeholders. This aspect is particularly significant in today's interconnected global economy, where businesses operate across borders, and investment flows transcend geographical boundaries.

Karthik Sankaran, CEO of Hubali-based startup incubator Deshpande Startups. The startup ecosystem has a great future but the success rate seen in the agriculture space has been comparatively lower, he says. Sankaran, a semiconductor technologist, laments that India doesn’t have a single unicorn in the agriculture space. During an interaction with ET, Sankaran explains how Deshpande Startups aims to enable startups that solve problems for semi-urban and rural India. Edited excerpts: The Economic Times (ET): How is it to head a startup incubator that mainly aims to help companies which focus on rural areas?

Future Consumer Ltd.(up 5.56%), Honasa Consumer Ltd.(up 2.14%), Zydus Wellness Ltd.(up 1.56%), Sheetal Cool Products Ltd.(up 0.44%), Hatsun Agro Products Ltd.(up 0.16%), Godrej Consumer Products Ltd.(up 0.14%), Jyothy Labs Ltd.(up 0.14%), Tasty Bite Eatables Ltd.(up 0.13%), Mrs. Bectors Food Specialities Ltd.(up 0.08%) and Procter & Gamble Hygiene & Healthcare Ltd.(up 0.07%) were among the top gainers.

barriers to commerce, ensure stability through global accords and enforce the rules came under renewed criticism following a chaotic and contentious meeting of its top officials. The 13th ministerial conference in Abu Dhabi last week laid bare an uncomfortable truth: For an organization that needs all 166 member countries to agree, the WTO again struggled to muster even a small win. Those are only getting messier and harder to pull off in an era of two armed conflicts, widening geopolitical gulfs and a realignment of the trading ties that bind the postwar economic order. Meetings in the capital of the United Arab Emirates — positioned both geographically and geo-economically between US-European Union and China-Russia alliances — were dominated by disorder and confusion, according to several participants, who asked not to be named speaking about the private talks. They’re rarely jovial affairs, but hopes were quickly dashed that this year would be a turning point toward unity.

S Naren, ED & CIO, ICICI Prudential AMC, says “more than valuation, I would be more worried about sentiment that people are just too positive and we have always seen that when people are too negative, it is a very good period to invest and when people are too positive, it is a time to be more circumspect.” What is the sense that you are getting about the market? S Naren: We are at an all-time high. Just now, we have reached an all-time high. So, it is a very special feeling.

In the consumption theme, Siddhant Chhabria, Fund Manager at Mirae Asset Investment Manager, says he is overweight consumer discretionary, new-age and building materials. “We are also bullish on real estate upcycle and believe building materials is the best proxy to play the upcycle. New age businesses provide a longer runway for growth and most of these companies are now pivoting towards profitability,” he says. Edited excerpts from a chat: What are your key observations from the Household Consumption Expenditure Survey, especially given there has been a slowdown in the sector? Siddhant Chhabria: As per the Household Consumption Expenditure Survey 2012-23, there are 3 key takeaways:

Investing.com-- Most Asian stocks fell on Tuesday as investors collected recent profits in the technology sector, while China’s economic outlook and plans for the year spurred little improvement in sentiment towards the country. 

Central Asia got an unique opportunity to get themselves acquainted with state of art IT training. More than 1,000 young people from Central Asian countries completed the Google Cloud and Machine Learning training program in Almaty recently. As a result, 20 students were offered an internship at the Kazakh-British Technical University (KBTU), according to the press service of Google Developer Groups (GDG) Cloud Almaty.

India is committed to support a two-state solution where the Palestinian people are able to live freely in an independent country, with due regard to the security needs of Israel, India's Permanent Representative to the United Nations Ruchira Kamboj has said. Delivering an address at the United Nations General Assembly Meeting on the Use of Veto on Monday, Kamboj said that India's position on the conflict has been clear and has been stated on several occasions. «Only a Two-State solution, achieved through direct and meaningful negotiations between both sides on final status issues, will deliver an enduring peace. India is committed to support a Two-State solution where the Palestinian people are able to live freely in an independent country within secure borders, with due regard to the security needs of Israel,» Kamboj said.

home prices in India are set to rise 7% this year and next, driven by purchases of luxury properties, according to analysts polled by Reuters who said the supply of affordable homes would continue to lag demand. Barely dented by the Reserve Bank of India's 2-1/2 percentage points of interest rate rises from May 2022 to February 2023, the housing market has powered along with Asia's No. 3 economy, the fastest growing amongst major peers. Home prices rose 4.3% in 2023, the fastest since 2018, according to Reuters calculations based on the RBI's House Price Index.

NEW DELHI : The Centre is planning to create a new system to identify and contain the flood of counterfeit goods in the retail market, two people aware of the development said. The surveillance system will ensure that every good sold in the retail market meets the standards for which a licence was issued, and also that only authorized products are manufactured, the people added. If deviations are noticed, manufacturers’ licences may be cancelled, and they may also have to pay hefty penalties.

₹251 crore IPO to open Mar 5 BYD India to unveil Seal EV sedan in India Mar 5 Oppo F25 Pro launched in India, will go on sale from Mar 5 Nothing to launch CMF Neckband, Buds alongside Nothing Phone 2(a) on Mar 5 South Korea: Jaishankar to visit Seoul to co-chair the Korea Joint Commission Meeting Mar 5 Goa: Rajnath Singh to inaugurate new building of Naval War College at INS Mandovi Mar 5 Kochi: Indian Navy to commission MH 60R Seahawk at INS Garuda Mar 5 Maratha quota stir: Bombay HC to hear the matter Mar 5 Rahul Gandhi plans Mahakaleshwar Temple visit Mar 5 Delhi: NDMC to start admission to its 12 Navyug schools Mar 5 AP: CM Jagan Mohan Reddy to visit Vizag to take part in two programmes Haryana Cabinet to meet on Mar 5 Hookah ban: Kerala HC hearing on Mar 5Milestone Alert! Livemint tops charts as the fastest growing news website in the world

«The broader market could remain under pressure given the profit booking and adverse advance-decline ratio. Hence we suggest traders be very selective in mid/small caps,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal.

Tata Motors, Park Hotels, Platinum Industries, Exicom Tele Systems, IIFL Finance among others will be in focus due to various news developments. Tata Motors Tata Motors announced that it will demerge its business into two separate listed entities housing commercial vehicles and passenger vehicles businesses.

HCL Group has invested Rs 166 crore to acquire a minority stake in education software company Educational Initiatives (Ei) This is a part of the secondary stake sale, where HCL Group has acquired a portion of the stake held by Mumbai-based private equity firm Gaja Capital in Ei.

Apps like Shaadi.com and BharatMatrimony.com were delisted by Google on Friday since they did not adhere to the tech giant’s billing policies. By Monday, these apps were restored on Google Play Store, but without their in-app payment options.