India Financial News
01.03 / 11:29
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PM Modi hits out at TMC over Sandeshkhali incident
TMC government in West Bengal over atrocities on women in Sandeshkhali, and said the entire country is reeling with anger over the issue… Modi also slammed the opposition bloc INDIA for maintaining a stoic silence on the issue of Sandeshkhali horrors… «Amid achievements, the entire country is watching the situation of Bengal today. The whole country is sad and angry after seeing what TMC, which beats the drum of Maa, Mati, and Manush, has done to the sisters of Sandeshkhali… »What TMC has done to the sisters of Sandeshkhali is a matter of shame," he said at a rally at Arambagh in Hooghly district.
01.03 / 10:53
Mobile
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2020
International
cricket
Rihanna and farmers' protest: Why international sensation is still getting trolled for her 2021 tweet
Rihanna exiting the Jamnagar airport went viral on social media, and the users were quick to remember how she shared a CNN story linked to the 2021 farmers' protest in New Delhi and captioned it as “Why aren’t we talking about this?" The farmers from various states of India launched a protest against the three farm laws introduced by the Union Government in September 2020. Fearing that the implementation of the law might reduce the incomes of the farmers and even create supply chain bottlenecks, a number of farmers' unions in India joined the protest.
01.03 / 10:53
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information
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Vaccines
Pharmaceuticals
Drugs regulator plans standards overhaul in India
NEW DELHI : New Delhi: With the Indian pharmaceutical industry increasingly coming under the scanner globally, the Central Drugs Standard Control Organisation (CDSCO) is conducting a major exercise for improving the quality, safety and efficacy of biological products. The apex drug regulator has come up with the latest guidelines on biological products such as vaccines, biological, and recombinant DNA products that are to be in tune with international guidelines including that of the World Health Organization (WHO) and regulators in other countries.
01.03 / 10:53
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Updates
The Rameshwaram Cafe in Bengaluru, rocked by blast, is hub for food lovers: All you need to know about this cafe
Follow Bengaluru Rameshwaram Cafe Blast Live Updates here At least five people were injured in a fire that was caused by a suspected cylinder explosion at the eatery on Friday, police said. While there was no immediate word on the exact number of injured persons, police said at least five people have been shifted to the hospital. The explosion at Rameshwaram Cafe at Kundanahalli led to a blaze.
01.03 / 10:53
UPS
Provident
CEO
reports
Household income limit for micro loans should be raised to ₹5 lakh, demand NBFCs: Report
Reserve Bank of India to reexamine the threshold relating to annual household income limit for giving micro loans. They want this limit to be raised from the current ₹3 lakh to about ₹5 lakh, reported Business Line. They have made this demand in view of growing needs of individual borrowers.
01.03 / 10:53
UPS
wellness
country
97.62 percent of ₹2,000 currency notes already returned, says RBI
₹2000 banknotes in circulation as on May 19 last year have already been returned, said the Reserve Bank of India (RBI) in an announcement made on Friday. Besides, the total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the time of withdrawal in May last year, has now fallen to ₹8,470 crore on February 29, 2024, the announcement further states. For the unversed, the banking regulator had announced the withdrawal of ₹2000 denomination banknotes from circulation on May 19, 2023.
01.03 / 10:53
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Headlines
EV charger stock Servotech Power Systems near life-time high after receiving IOC order. Details here
Stock market today: EV charging solution company Servotech Power Systems Ltd has been hitting headlines for receiving orders from oil PSUs these days. After receiving around ₹102 crore order from Hindustan Petroleum Ltd (HPCL), the energy company has today declared that it has received another order worth ₹111 crore from the Indian Oil Corporation (IOC) Limited.
01.03 / 10:53
UPS
Landmark
Strategy
wellness
stars
reports
Westside to open 20-30 stores next fiscal, ramp up e-commerce ops
₹8,213 crore with a profit after tax of ₹555 crore. Trent operates multiple formats such as Zudio, apart from a supermarket concept operating under the Star brand. Westside offers branded fashion apparel, footwear and accessories for women, men and children, along with a range of home furnishings and decor.
01.03 / 08:47
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classical
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Schools
Books pulled from B.C. district curriculum in what premier calls ‘crazy decision’
Surrey School District has quietly pulled four books from the reading curriculum for students in Grade 10 and above due to concerns about controversial themes.In November 2023, a panel of 12 teachers decided to pull the books from the recommended reading curriculum.The books will still be available in the library and teachers can apply to teach them, but they won’t be part of the recommended reading lists.The four books are: To Kill a Mockingbird by Harper Lee, Of Mice and Men by John Steinbeck, The Absolutely True Diary of a Part-Time Indian by Sherman Alexie and In the Heat of the Night by John Ball.Ritinder Matthew, the communications officer for the Surrey School District, told Global News on Thursday that the review of these four books began more than a year ago after feedback from parents and others in the community.“We received a lot of feedback from families of students not feeling safe in the classroom when these resources were used,” she said.Using To Kill a Mockingbird as an example, Matthew said the review found the “portrayal of Black characters as one-dimensional, the use of the white saviour trope, the use of ableist language, the use of the N-word, noting it’s normalized in the text and not necessarily used as a slur, but often as another word for Black people.
01.03 / 08:27
markets
economy
Puzzle
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trends
show
rights
India's Q3 GDP growth beats projections; prompts upward revisions for FY25
Read here: India's Q3 GDP growth at 8.4%, beats D-Street estimates; economy grows at fastest pace in 6 quarters: 5 key highlights Soumya Kanti Ghosh, Group Chief Economic Adviser at State Bank of India believes FY24 GDP growth to be near 8%. “The third quarter GDP numbers jolted the psyche and cognitive framework of most in markets, while sweeping some by a pleasant surprise. Clearly, right policy prisms and perspectives can trump irrational expectations bordering fault lines.
01.03 / 08:17
markets
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Sustainability
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rights
From risk-reward perspective, better to be tilted towards largecaps: Harsha Upadhyaya
Harsha Upadhyaya, CIO-Equity, Kotak AMC, says it is definitely difficult to find value buys in this market, but there are several sectors which are likely to grow at a decent teens kind of earnings trajectory. Those are the names which will have potential to outperform the market. Maybe the volatility will increase, but still there is enough growth on the table. Upadhayaya further says: “It is not that mid and smallcaps will not give returns or correct a lot at this point of time, it is just that from a risk-reward perspective, it makes sense to have a little bit of tilt towards largecaps and that is what we have been suggesting to most of our investors.”
01.03 / 08:17
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Google starts delisting Indian apps for non-compliance with Play Store norms
Google has started de-listing some of the apps in India alleging that they were non-compliant with its Play Store policies, ET has learnt. Murugavel Janakiraman, founder and MD of Matrimony.com, which operates portals including BharatMatrimony said that Google took down five to six of its apps on Friday.
01.03 / 08:11
markets
FIVE
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Research
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Experts
Is Indian stock market open tomorrow?
NSE special session is being conducted to strengthen the exchanges in the event of any unforeseen incident, which may impact their operations. So, the Indian stock market is expected to remain open on Saturday this week i.e.
01.03 / 08:11
markets
Strategy
economy
Sustainability
Bill
consequences
information
Financial
RBI: What are climate-led financial risks? Key questions answered
Reserve Bank of India (RBI) has now released a draft framework for banks to follow. As per the framework, banks will be mandated to disclose those climate-related risks which have a bearing on their financial stability. While observing that climate-related risks are one of the emerging risk and are expected to significantly impact them, these entities play an important role in financing the transition towards an environmentally sustainable economy.
01.03 / 07:57
COST
Provident
Manufacturing
Gap
Bill
Updates
PM Modi says ‘step toward Atma Nirbharta’ while unveiling projects worth ₹35,700 crore in Jharkhand. 10 things to know
Prime Minister Narendra Modi on Friday inaugurated and laid the foundation stone for projects worth ₹35,700 crore in Jharkhand. The Prime Minister is on a two-day visit to Jharkhand, West Bengal, and Bihar on March 1 and 2. Here are the top ten updates: 1.
01.03 / 07:45
markets
FIVE
show
performer
information
4 best multi cap mutual funds gave over 20% CAGR return in the past 5 years. Should you invest?
mutual fund scheme, investors often compare different schemes offered by fund houses, particularly their historical returns. Although historical returns of a scheme do not guarantee its future performance, they significantly influence the decision of investors in more ways than one. Without much ado, here we list out the top-performing multi cap schemes which delivered more than 20 percent return in the past 5 years.
01.03 / 07:45
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security
Align
Death
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recommendations
Retirement planning: This Life Insurance policy will help you retire early
Looking to retire early? LIC's Jeevan Dhara policy could be a valuable tool, especially for young couples. This policy offers a range of benefits that align with the goals of those seeking early retirement. With its financial security, flexible options, tax benefits, and focus on early retirement planning, this policy can serve as a valuable asset in achieving the goal of financial independence and early retirement.
01.03 / 07:45
UPS
Provident
CEO
Sony
Experts
country
Income tax saving options: NSC vs ELSS mutual funds. Which is better for taxpayers?
NSC vs ELSS: Numerous products qualify for tax benefits under Section 80C, including insurance, tax-saving fixed deposits, NSC, and ELSS. The suitability of an investment product depends on factors like risk tolerance, time horizon, and future fund needs. Equity Linked Saving Scheme (ELSS) mutual funds offer tax deductions up to ₹1,50,000 annually under Section 80C of the Income Tax Act, 1961.
01.03 / 07:27
UPS
FIVE
BURST
awards
Trade
Courts
Billions awarded in Indian brothers’ LA real estate court feud
legal feud involving five brothers from India who’ve amassed a fortune in diamonds and Los Angeles real estate burst into public view this week with a multibillion-dollar US verdict that may be among the largest of the decade. After a five-month trial, a jury ordered Haresh Jogani to pay his brothers Shashikant, Rajesh, Chetan and Shailesh Jogani more than $2.5 billion in damages and to divide up shares of their Southern California property empire —about 17,000 apartments worth billions more.
01.03 / 07:27
Provident
exclusive
song
2020
International
Warner Music, Tips extend strategic partnership
Tips Music has extended its strategic partnership with global record label Warner Music, granting access to their global catalogue, building on their three-year partnership. The expanded partnership will see Warner Music handle commercials and distribution for Tips Music's music across 23 Indian languages and 30,000+ songs on audio streaming apps. The company will use its global network to promote artists and songs globally.
01.03 / 07:17
Bill
performer
Anant Ambani-Radhika Merchant pre-wedding: From Bill Gates to Zuckerberg, list of biz tycoons joining pre-nupital bash
Rihanna paid whopping ₹74 cr to perform at the Anant-Radhika pre-wedding Anant-Radhika Pre-Wedding: Ranveer-Deepika, SRK, Uddhav Thackeray reach Jamnagar Top 5 global leaders to attend Anant Ambani’s wedding Mint Explainer: All you need to know about the $8.5-bn Disney-Reliance merger Anant Ambani is the third child of India's richest person Mukesh Ambani. The 28-year-old helms Reliance’s green energy business.
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