India Financial News

MG Hector has captured the hearts of SUV enthusiasts, emerging as the brand's flagship model in the country. With the introduction of the Shine Pro and Select Pro variants, MG Motor aims to further solidify its position in the competitive SUV segment.

NEW DELHI : Gadar 2, the Sunny Deol-starring action movie that released in theatres in August, went on to become the eighth highest-grossing Hindi film of all time, fetching its producer and distributor Zee Studios a neat pocket. If you want to watch the movie now, it’s available on Zee5, Zee Entertainment Enterprises’ video-streaming, or over-the-top, platform. But only the original Hindi version.

₹55 lakh and ₹60 lakh. Positioned as BYD's flagship EV in India, the Seal will join the existing lineup, which includes the e6 MPV and the Atto3 crossover SUV, currently priced at ₹29.15 lakh and ₹33.99 lakh, respectively (ex-showroom). The BYD Seal EV is expected to feature a single variant equipped with an 82.5kWh battery pack, delivering an impressive claimed range of 570km (WLTP Cycle) on a single charge.

Central Board of Secondary Education (CBSE) Monday conducted its Class 12th Physics board exam 2024. The three-hour question paper started at 10.30 am and concluded at 1.30 pm. The Physics theory paper was worth 70 marks in total.

Hero MotoCorp Ltd and Eicher Motors Ltd’s Royal Enfield motorcycles. But this could be a one-time boost. “We expect this volume (growth in exports) to be one-off due to aggressive inventory built up in anticipation of increasing freight costs ahead due to the Red Sea crisis," Antique Stock Broking analysts said in a report on 4 March.

score which can help you monitor your financial health. One can check their CIBIL score on the CIBIL website once a year without having to pay any charge. In order to do this, one has to follow these steps.

₹8,428 per share on March 4, against previous close at ₹8,027 on March 1. In fact, Tata Investment shares rose as much as 18 percent in the last five trading sessions on NSE. The Tata Group's non-banking financial company surged after Union Cabinet approved two semiconductor plant proposals by the Tata Group last week.

A South Korean committee responsible for personal information matters is probing Worldcoin for collecting and processing sensitive information.

A CIBIL score is a numeric representation of creditworthiness of borrower or investor. It is based on the individual’s credit history and repayment behaviour. 

Narendra Modi’s government has pledged to boost manufacturing in India as it seeks a third term in power, potentially increasing the country’s control on supply chains and creating jobs, a government adviser said. Modi’s government would target the export-oriented sectors that face high import duties which hurt their competitiveness, Arvind Virmani, a member of the government’s policy making agency Niti Aayog, said in an interview on Friday. A Modi administration would also focus on lowering trade barriers and improving output-linked incentive plans, he said, adding that the finance ministry is identifying sectors where duties can be reduced.

Bharat Heavy Electricals (BHEL) jumped over 14% on Monday to hit their 12-year high of Rs 269.45 on the NSE. With this rally, the state-run stock has extended its gains to over 20% in the last four trading sessions. The stock generated tremendous buying interest among the investors with more than 16.52 crore shares trading on the NSE at 2:10 pm. The total traded value of the shares stood at Rs 4,305.48 crore.

consumer landscape is shifting in various ways which keeps retailers on toes. Recently released Household Consumption Expenditure Survey data showed Indians are spending less on food, particularly staples like rice and wheat, and more on discretionary items such as processed food, as well as durables like televisions and fridges. Already a premiumisation trend is sweeping across categories for the past few years. Charting out shifts in India's retail sector, a joint study by Boston Consulting Group (BCG) and Retailers Association of India (RAI) brings good news as well as bad news for Indian retailers. The good news is Indian retailers have a vast business growth opportunity to capture. India continues to be a bright spot among top global economies with a robust GDP growth of 7% in 2023. It is projected to overtake Germany & Japan to claim the 3rd spot by 2030. Private consumption at the same time remains strong. India retail is expected to reach $2 trillion in the next 10 years and presents a large opportunity for retailers, says the report titled 'Unlocking the $2Tn retail opportunity in the next decade'.

lifestyle spends, even as travel is the preferred category for spendvesting enthusiasts, with gadgets and shopping also significant, pointing to the popular lifestyle goals that drive financial decisions, said Spendvesting report by Multipl. Spendvesting is a financial concept that combines the principles of investing and spending. The approach, developed by multipl, merges lifestyle goals with investing, helping consumers to live their dream lifestyle while building a secure financial future. It also notes that 50% of Indian spendvestors are in the 26-34 age group, showcasing the strategy’s resonance with millennials and Gen Z. «Spendvesting is not merely a financial strategy; it represents a shift towards mindful and gainful consumer behavior. As interest and participation in spendvesting grows, it is set to capture a wide ranging audience, capitalising on India’s expected digital economy boom to $1 trillion by 2030,» said Paddy Raghavan, co-founder of multipl, adding that millennials and Gen Z’s prefer fintech startups for customised investment advice.

FMCG) companies exceeded pre-Covid levels for the first time in the December quarter, reflecting a push to spur demand amid a booming economy. Dabur, Colgate-Palmolive, Emami, Godrej Consumer Products, United Spirits, and Jyothy Labs have gone past levels of FY19, an ET study showed. Advertising and promotion (A&P) spending has been rising at Hindustan Unilever (HUL), India’s biggest consumer goods company, and Marico, but hasn’t crossed pre-COVID levels. The study covered the eight companies, which have consistently reported A&P data since FY18.

RK Swamy sailed through on the first day of the bidding process. The issue, which closes on March 6, was booked 1.01 times so far, led by strong interest from retail and non-institutional investors. The retail portion of the IPO was subscribed 4.1 times, followed by NIIs at 1.02 times. The IPO comprises fresh equity sale of 60 lakh shares and an offer for sale of 87 lakh shares.

Renewable energy player BluPine Energy on Monday said it has completed the acquisition of 369 MW solar power assets from Acme Group. The 369 megawatts of solar capacity power assets are spread across Uttarakhand, Punjab, and Karnataka and augment its total renewable capacity to 2.4 gigawatts, BluPine Energy said in a statement. Neerav Nanavaty, CEO of BluPine Energy, said, «The renewable energy sector in India continues to witness remarkable growth. We have high-quality solar assets in our portfolio, further solidifying our commitment to driving positive change in India's energy sector.»

₹1,076.90 apiece on the BSE. ICICI Securities has a target of ₹1,250 per share for Gulf Oil Lubricants India, implying an upside of 25% from Saturday’s closing price.

demat account serves as the initial step before entering the stock market. Understanding what a demat account is serves as a fundamental prerequisite to grasping its functionality. The term 'Demat' stands for dematerialisation, a process wherein physical securities are transformed into electronic form.

₹499 to ₹524 per equity share. Azad Engineering shares were listed on BSE and NSE on 28th December 2023 at a whopping premium of around 35 percent. However, Azad Engineering share price continues to scale upside after a strong debut on Dalal Street.

NTPC Limited share price gained more than 4% on Monday to hit record highs of ₹358.30 on the NSE, during intraday trades. Notably NTPC stock was the largest gainer among Nifty-50 stocks. As the power demand in the country remains strong and is lifting prospects of power producers like NTPC, the news flow around further capacity expansions remains strong, improving earnings prospects for NTPC and also investor confidence.

₹497) and the most expensive ticket for the India vs Pakistan encounter was priced at $400 ( ₹33148) without taxes. However, the price of these tickets have gone over ₹1 crore on reselling websites like StubHub and SeatGeek, rivaling the prices of other major sporting events in the US like NBA or Major League Baseball.