India Financial News

Justice Uday Umesh Lalit: Justice Lalit was born on 9th November 1957, in a family of leading lawyers, in Solapur, Maharashtra. His father, Shri U.R. Lalit, was an Additional Judge at the Nagpur Bench of the Bombay High Court’s and a leading senior advocate at the Supreme Court of India.

₹1,930 crore in Ananya Birla’s Svatantra Microfin. They said this will be the largest private-equity investment in the sector in India. Mint had reported on the development in February, noting that the Mumbai-based microfinance institution (MFI) would use the funds to expand and consolidate its growth.

Blenders Pride Glassware Fashion NXT Festival has been imagined staying true to the brand’s mantra of presenting an evolving world of style. While at the heart of it remains fashionable showcases by India’s finest designers & stylish celebrities, in an entirely new avatar, Fashion NXT Festival takes a leap forward by bringing the brand’s stylish world to audiences in newer cities, starting with Bhubaneswar and Pune in March 2024. The brand has collaborated with some of the most sought-after and buzzing lifestyle brands, that are curating a host of immersive experiences.

By Aditya Kalra

Mint. “Not only are we a major supplier of critical minerals, we're also home to a buzzing ecosystem that is developing lithium and is looking at the future of lithium-ion technology for batteries and vanadium redox flow batteries, which will be a very key opportunity to grow and address the demands—be it for vehicles or for storage," she added. While Japan, Korea and European nations have been Australia’s traditional partners, Choudhury sees an increasing opportunity for Indian firms.

SIP. This article explains seven different types of SIP. With SIPs, investors can adopt a disciplined approach to investing with just a one-time mandate.

MUMBAI : Customers will soon be able to pay businesses through net banking irrespective of whether their banks and the merchants’ payment aggregator are integrated, with the central bank ironing out one more wrinkle in India’s rapidly evolving digital payments ecosystem. “We have given approval for implementing such an interoperable system to NPCI Bharat BillPay Ltd. We expect the launch of this interoperable payment system for internet banking during the current calendar year," Reserve Bank of India governor Shaktikanta Das said on Monday.

Vedanta Group's Sterlite Power Transmission. The appeal sought to declare corporate guarantees to subsidiaries non-taxable under the current tax regime. It also contested the valuation criteria set by the finance ministry for the purpose of taxing such guarantees when there is no financial consideration involved.

demat or dematerialised account. A Demat account serves as a secure storage facility for all your shares and securities. Unlike the traditional method of holding physical share certificates, which posed risks such as theft, demat accounts store securities electronically, mitigating such concerns.

NEW DELHI : Apparel retailers expect demand to pick up over the next two quarters, after witnessing lukewarm sales in the festival season and winter. A tepid wedding season coupled with a warmer December dragged down demand for clothing, said several top retailers. Consumers are also spending on other discretionary categories such as travel and eating out, straining demand for products such as clothing and electronics.

Gemini AI chatbot regarding Prime Minister Narendra Modi. Chandrasekhar criticized the AI's response, deeming it a direct violation of IT rules and criminal code provisions. In response, the government sought an explanation from Google.

AU Small Finance Bank is planning to raise its stake with the farm sector through lending to farmers' producer organisations (FPOs), which are turning out to be the crucial agriculture linkage for several marquee conglomerates such as Adani Group, ITC and Reliance. AU is exploring possibilities to work with such corporates which promote FPOs and procure farm produce from them. The bank has so far supported about 500 early-stage FPOs covering some 1.6 lakh farmers and aims to grow the number about 10 times in the next three years

Kolkata Knight Riders as their mentor in the forthcoming Indian Premier League season, Gautam Gambhir has made it abundantly evident to the team that this is a competition about more than just Bollywood and post-partying; rather, he means business on the pitch. According to Gambhir, the Indian Premier competition is the «toughest league in the world» and offers young players a fantastic chance to establish themselves on the biggest platform. The former India opener, who led KKR to two title triumphs in 2012 and 2014 as skipper, returns to the franchise after a two-year stint as the mentor of Lucknow Super Giants.

natural gas pipeline infrastructure in its northeastern states and northern federal territories of Kashmir and Ladakh, a minister said on Monday. India, one of the world's biggest emitters of greenhouse gases, is seeking to boost the use of cleaner fuel to cut its carbon emissions and has set a 2070 goal for net zero carbon emissions. Prime Minister Narendra Modi is targeting raising the share of natural gas in India's energy mix to 15% by 2030 from the current 6.2%. Natural gas, while still a fossil fuel, emits less CO2 than coal.

fintech startup Wagely has raised $23 million, in a mix of equity and debt, as a part of its latest funding round. The equity portion of the round is led by Capria Ventures, which has invested in the likes of social networking platform, ShareChat, edtech Masai School and Cuemath in India.

Jharkhand Mukti Morcha (JMM) legislator Sita Soren had accepted bribe to vote in favour of independent candidate R K Agarwal but did not vote for him, an act that triggered a CBI probe under the provisions of the Prevention of Corruption Act. Sita Soren, the daughter-in-law of JMM founder Shibu Soren, sought refuge in the Jharkhand High Court citing Article 194 (2) of the Constitution that grants immunity to legislators for whatever they speak or the votes they cast in the legislative assembly or committees. Sita Soren also argued that as a JMM MLA, she had voted for the party candidate Sanjiv Kumar, who won the Rajya Sabha election. In 2014, the Jharkhand High Court refused to quash the case filed against her by the Central Bureau of Investigation (CBI), prompting her to move the Supreme Court.

Assam announcing to relaunch protests against Citizenship Amendment Act (CAA), Assam police have sounded alert across the state. Recently Union Home minister Amit Shah has stated CAA rules will be notified and implemented before Lok Sabha polls. In several places in Assam, police have readied bamboo barricades in anticipation of the protest. A senior police officer who does not want to be named told ET, “We are anticipating protests however not on the scale which Assam witnessed in 2019 and 2020. There are some organisations which have announced its decision to relaunch the protest however we have taken that seriously and an alert is sounded. Additional forces are deployed in the districts however this deployment is in view of the Lok Sabha polls.”

Rameshwaram cafe blast: Bengaluru, the IT capital of India shook with a bomb blast on Friday at one of its most happening places, the Rameshwaram cafe. At least 10 people were injured in the bomb blast, which was reportedly conducted through an improvised explosive device (IED). The CCTV footage from the cafe has highlighted a suspect, who spent nine minutes in the cafe and can be seen placing a suspicious bag.

1. Bajaj PX97 Torque New 36L Personal Air Cooler The Bajaj PX97 Torque New 36L Personal Air Cooler offers efficient cooling with its Turbofan Technology and powerful air throw. It has a 36-litre water tank capacity and can throw air up to 30 feet.

Mujhe Bengaluru se Mumbai ka return ticket chahiye (I need a return ticket from Bengaluru to Mumbai)." The bot, which can understand both text and voice inputs, responded by asking for my mobile number, following which it provided me with a one-time password (OTP), asked for my name, travel dates, gender, and coach requirements. It almost lured me into buying a ticket. I figured out that Ask Disha, which can answer questions in English, Hindi and Gujarati, is a next generation bot, one that uses generative artificial intelligence (GenAI).

flat at $88 billion during April-January compared with the year-ago period. The total export value of petroleum products declined to $67.11 billion during the first 10 months of the fiscal year, down from $75.65 billion in the year-ago period.