India Financial News

Paytm, announced on Monday that founder Vijay Shekhar Sharma has resigned from the board of Paytm Payments Bank. “The Company has been separately informed that Vijay Shekhar Sharma has also resigned from the Board of Paytm Payments Bank to enable this transition. PPBL has informed us that they will commence the process of appointing a new Chairman," the company said in an exchange filing.

ANI, the operation, initiated on March 1st following precise intelligence inputs, resulted in the retrieval of one .38 pistol, 10 homemade improvised explosive devices (IEDs), three grenades, and various types of ammunition. Furthermore, the recovered weapons and ammunition were transferred to the local police authorities.

special live trading session in the equity and derivatives segments through their disaster recovery site to check the preparedness in case of an emergency. Also Read: Sensex Today | Share Market Live Updates : Gifty Nifty builds on Friday's record-high close; Indicates strong start On Friday, the Indian stock market indices hit their record highs and ended with strong gains buoyed by strong domestic GDP data.

Mint report. In a statement, IAMAI advised Google not to delist any apps from Google Play.

Day trading guide for Indian stock market today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points higher at the 47,286 level. The Indian stock market (equity and F&O) will remain open today as a part of the framework for the business continuity plan and disaster recovery site for stock exchanges and depositories and would involve an intraday shift from the primary to the disaster recovery site.

Yuvraj Singh has refuted media reports of him contesting the upcoming Lok Sabha elections from Punjab's Gurdaspur constituency and said that he would continue helping people through his 'You We Can' foundation. Taking to his social media handle, the former India all-rounder posted on X, «Contrary to media reports, I'm not contesting elections from Gurdaspur. My passion lies in supporting and helping people in various capacities, and I will continue to do so through my foundation, 'YouWeCan'. Let's continue making a difference together to the best of our abilities.» This comes after Yuvraj's name emerged in the media as a potential contender for a BJP ticket from Punjab's Gurdaspur constituency. The two-time World Cup winner, however, denied such claims and said that he would continue to make a difference through his foundation.

Equity markets had a strong start to March, with indices scaling to record highs. In Saturday's trade, shares of Jio Financial, Paytm, Axis Bank, Torrent Power, among others, will be in focus due to various news developments.

Lance Klusener has joined Lucknow Super Giants (LSG) as the assistant coach ahead of the Indian Premier League (IPL) 2024 season. LSG announced his appointment on Friday with a statement that read, «Lucknow Super Giants (LSG) have added South African legend Lance Klusener to their formidable roster of coaches for the Indian Premier League (IPL) 2024 season.» Klusener will join head coach Justin Langer and assistant coach S Sriram in Lucknow's experienced backroom staff line-up. Klusener is also the head coach of the SA20 franchise Durban Super Giants, who are Super Giants affiliate. He guided the franchise to SA20 final earlier this year.

China said the United Nations Security Council (UNSC) reforms “should benefit all member states rather than serving the selfish interests of a few”, comments that come days after external affairs minister S Jaishankar said “one non-Western country” was blocking UNSC reforms. Chinese foreign ministry spokesperson Mao Ning on Thursday said member states need to seek the broadest possible consensus for a package solution through serious and thorough consultations when it comes to UNSC reforms.

Delhi-NCR (National Capital Region) woke up to light rain on Saturday morning, attributed to a western disturbance, leading to a dip in minimum temperatures. The India Meteorological Department (IMD) had predicted rain for both Friday and Saturday. «There is an active western disturbance which will impact the region. From Friday, March 1 night onwards there would be light weather activity with very light rain. However, the major impact is likely on Mar 2 with the possibility of thunderstorm, strong winds and light to moderate rain. From Mar 3 onwards, the effect will wear off. The minimum temperature may thus rise due to cloudiness; however, it will significantly drop around March 2,» said Kuldeep Srivastava, senior scientist at India Meteorological Department (IMD). Delhiites witnessed a light drizzle on Saturday morning, with the sunrise obscured by dark clouds. The IMD forecasted light to moderate rain throughout the day, with certain areas likely to experience hailstorms. An orange alert has been issued for the city, urging residents to stay updated with the weather forecast.

Reliance Industries: The consolidation of Walt Disney's and Reliance's media assets in India, valued at $8.5 billion, could trigger rigorous antitrust examination due to their combined market influence. Legal experts are raising red flags about the merged entity's robust cricket broadcasting rights portfolio and its potential effects on advertisers.

global market cues from Wall Street. The Indian equity market will remain open on Saturday, March 2, as the stock exchanges will conduct a special live trading session in the equity and derivatives segments through their disaster recovery site. The trends on Gift Nifty also indicate a positivestart for the Indian benchmark index.

Anant Ambani and Radhika Merchant's extravagant pre-wedding celebrations continue in Jamnagar, Gujarat, Day 2 promises a blend of wildlife encounters and traditional activities, following the glamorous kick-off. Day 2 Itinerary: A Blend of Wildlife and Tradition The schedule for Day 2, themed «A Walk to the Wild Side» and «A Potpourri of Desi Activities,» offers guests a unique experience. Starting with a visit to the Ambanis' animal rescue and rehabilitation centre, guests are encouraged to dress in «jungle fever» attire, emphasizing the wildlife theme. This visit aligns with the recent announcement by Reliance Industries and Reliance Foundation about the Vantara (Star of the Forest) programme, aimed at aiding injured, abused, and threatened animals.

Ashwini Vaishnaw, minister for electronics and IT, communications and railways. Vaishnaw told ET that the government will be focused on execution of India’s first semiconductor fab project, by the Tata group, along with two other chip assembly proposals, in record time.

Piyush Goyal affirmed India's successful navigation through critical issues, safeguarding the interests of the nation's farmers and fishermen, at the 13th World Trade Organisation (WTO) Ministerial Conference. Emphasisng the importance of securing their well-being, Goyal stated, «I think that India has successfully delivered on the issues that were our role and has achieved the outcomes that we expected.» The Union Minister underscored the primary objective of shielding the agricultural and fisheries sectors from any adverse consequences. «Our objective was that our farmers and our fishermen should not face any kind of harm, no crisis should come, and in that, we successfully did not allow any such decision to be taken that would harm any farmer or fishermen,» he added.

WTO ended here without any decision on permanent solution for public stockholding of food, and members’ inability to reach a consensus on fishery subsidies. However, the WTO extended the moratorium on ecommerce transmissions by two years. The MC13 was supposed to end on February 29 but was extended by a day as countries failed to reach common ground on food security issue, India’s key demand. The meeting of the highest decision making body of the WTO entered the fifth day on Friday with key members including India, the US and EU holding talks to iron out differences on issues such as agriculture, fisheries subsidies, WTO reforms and duty moratorium on e-commerce trade.

Bank holidays in March 2024: Today, March 2 which is a Saturday and there might be confusion among people regarding if Banks will be open today. However, as it is the first Saturday of this month, banks will remain open today. Saturdays are typically not designated as bank holidays, except for the second and fourth Saturdays of each month.

Buy or sell stocks for today: The impressive real Q3 GDP numbers of India provided the ammunition to the bulls to catapult key benchmark indices of the Indian stock market to all-time highs. The Nifty 50 index gained 355 points and closed at the 22,338 level, the BSE Sensex shot up 1245 points and ended at the 73,745 mark whereas the Bank Nifty index finished 1166 points higher at the 47,286 level. The Indian stock market (equity and F&O) will remain open today as a part of the framework for the business continuity plan and disaster recovery site for stock exchanges and depositories and would involve an intraday shift from the primary to the disaster recovery site.

Special Trading Session: The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will hold a special live trading session today (Saturday, March 2) to assess the resilience of their disaster recovery systems. Special trading session is part of the framework for the Business Continuity Plan (BCP) and Disaster Recovery Site (DRS) management system.

By Emma Farge

NEW DELHI : All existing single-lane national highways will be converted to double lanes, and having two lanes with paved shoulders will be mandatory to get an NH tag in future, two people aware of the road ministry’s plans said. The new criterion will be defined in the rules governing construction of national highways. A paved shoulder is part of a highway adjacent to the regularly travelled portion on the same level.