India Financial News

01.03 / 04:17

UPS Manufacturing Mobile electronic reports Schools Semiconductor units will strengthen India's transformative journey for tech self-reliance: PM Modi

Narendra Modi on Friday said the upcoming semiconductor units will further strengthen India's «transformative journey» towards technological self-reliance. The Union Cabinet on Thursday approved proposals to set up three semiconductor plants, including a mega fab by Tata Group, at a cumulative investment of Rs 1.26 lakh crore, as India moves to position itself as a global powerhouse in chip manufacturing. Modi said on X, «With the Cabinet approval of three semiconductor units under the India Semiconductor Mission, we are further strengthening our transformative journey towards technological self-reliance. This will also ensure India emerges as a global hub in semiconductor manufacturing.»

01.03 / 04:17

IPO Manufacturing WhatsApp Opinion Experts band recommendations Gopal Snacks IPO price band fixed at Rs 381-401/share; issue to open on March 6

The floor price is 381 times the face value of shares at Re 1 apiece while the cap price is 401 times.

01.03 / 04:17

UPS Landmark Netflix show stars Features Kapil Sharma set to make OTT debut with Netflix's 'The Great Indian Kapil Show' on this date: Check details

Netflix has just announced a new comedy show featuring the beloved actor-comedian, titled 'The Great Indian Kapil Show.' And here's the cherry on top: Sunil Grover, known for his hilarious antics, will be joining Kapil Sharma once again, marking their reunion after their successful stint on 'The Kapil Sharma Show.'

01.03 / 04:17

markets UPS Action Enterprise wellness Healthcare travelers Are there more legs to the rally in PSUs or is this space getting frothy? Rajeev Mantri explains

Rajeev Mantri, MD, Navam Capital, says “talking about the whole public sector enterprise, what could be a trigger after elections for this area is the implementation of the privatisation policy. So, for the first time, we have had a notified privatisation policy issued by the Government of India and the government has stated that it will completely exit certain sectors.”

01.03 / 04:17

markets Target Trade Experts band Indus recommendations F&O stocks to buy today: SBI Life, Biocon among top 3 trading ideas for 1 March 2024

The Nifty future closed positive with gains of 0.28% at 21983 levels on Thursday. India VIX was down by 4.65% from 16.33 to 15.57 levels. Volatility cooled off after steaming in the entire week and paved the way for the bulls in the market.

01.03 / 03:07

Election country voice social reports There’s also a positive side of GenAI that can strengthen democracy

The tech narrative in the last two years has been dominated by artificial intelligence (AI) and the excitement and disruption generated by it. However, the narrative started to sour a little in the latter half of 2023, as ethical issues got thrown up—like copyright, bias, privacy and deepfakes. Now, with elections looming across most of the democratic world, 2024 promises to be the year when AI will experience its first major ethical test—whether it helps democracy or subverts it.

01.03 / 03:07

markets Target Research trends Trade Experts recommendations Stock market today: Day trading guide for Nifty 50 to Sensex, nine stocks to buy or sell today — 1st March

Day trading guide for Indian stock market today: Aided by monthly F&O expiry and MSCI rebalancing volumes, the Indian stock market witnessed sharp upside movement in the last 30 minutes of the Thursday session. The Nifty 50 index ended 31 points higher at 21,982 level, the BSE Sensex went up 195 points and closed at 72,500 mark whereas the Bank Nifty index scaled 157 points north and ended at 46,120 level. Cash market volumes on the NSE rose to 1.45 lakh crore due to MSCI rebalancing volumes.

01.03 / 03:07

Healthcare Celebrity dance reports Schools rights International Who is Radhika Merchant—the new addition to the Ambani family

Rihanna, SRK arrive for Anant Ambani-Radhika Merchant pre-wedding celebrations Radhika Merchant is the younger daughter of Viren Merchant and Shaila Merchant, who are the founders and owners of Encore Healthcare. Radhika's father is the CEO of Encore Helathcare and also a board member of APL Apollo Tubes, a steel manufacturing company while her mother Shaila is the director of Encore Helathcare. Anant Ambani-Radhika Merchant pre-wedding festivities begin in Jamnagar | Watch Radhika's elder sister, Anjali Merchant is married to Akash Mehta- a businessman and a partner at EY.

01.03 / 03:07

markets UPS economy Nikkei show Updates Sensex Today | Share Market Live Updates : Gift Nifty over 200pts ahead, Indicates strong jump for benchmarks at open

Read the full story here.)Sensex Today Live : India’s GDP data for the third quarter of Financial Year 2023-24, released by the Statistics Ministry on February 29, revealed an unexpected 8.4% growth in the economy during the October-December quarter of FY 24. Economists were taken aback by this surge as they had estimated lower growth due to a slight decrease in government expenditure, sluggish industrial output growth, and an irregular monsoon during the third quarter.

01.03 / 03:07

UPS Manufacturing economy reports Economy on fire: India's GDP revised up again

India’s official gross domestic product (GDP) growth data suggests the economy is on fire, even if not firing on all cylinders. At 7.6%, the latest growth estimate for 2023-24 is better than the 7.3% the government had earlier predicted, which itself was an upward surprise. At this rate, the current fiscal year will mark quite a pick-up from 2022-23, when the economy grew a revised 7% (down from 7.2%) and many had expected it to lose pace thereafter.

01.03 / 03:07

markets Fox Platform Entertainment wellness track stars Twin tracks: The Reliance-Disney union also has a romantic angle

₹70,000 crore. This will be a media business in which Reliance will hold over 16% directly and almost 47% via Viacom18 (in which it owns 74%). The rest, a minority stake, will be held by Disney, which got Star’s Indian assets bundled along with its 2019 purchase of 20th Century Fox and has seemed keen on a local guardian ever since.

01.03 / 03:07

UPS Digital pandemic country Vaccines ‘How we can take lessons from India..,’ PM Modi and Bill Gates discuss AI, agriculture, and climate solutions

ANI that India is a world leader in vaccines and investment is being made in the country for lots of new vaccines. “I'm certainly bullish.

01.03 / 02:27

Citizens Mobile tenor Department Updates From free Aadhaar update to special FD schemes, 5 key personal finance deadlines ending in March

Aadhaar card details, investing for income tax exemption, special fixed deposit schemes offered by SBI & IDBI Bank and concession on home loan interest rates. At the beginning of the month, we list out some of the key deadlines that are vital to know for all and sundry. Free updation of Aadhaar: In case you want to update your Aadhaar card details, you must do it before March 14.

01.03 / 02:27

BLOCK Manufacturing CEO Strategy Courts International Pharmaceuticals Stocks to Watch: Suven Pharma, Vedanta, Radico Khaitan, IHCL, Titan

Suven Pharmaceuticals: Global private equity firm Advent International has merged two of its pharmaceutical portfolio firms, Cohance Lifesciences and Suven Pharmaceuticals, according to a joint announcement. The merged entity will have three distinct business units – Pharma CDMO, Spec Chem CDMO, and API+ (inclusive of formulations), the release said. For every 11 shares of Suven, 295 shares of Cohance will be allotted, as per the terms of the merger.

01.03 / 02:27

markets Provident security economy Trade show reports Everything China’s doing to rescue its battered stock market

Also Read: Chicago Distressed Properties Lure Bargain-Hunting Buyers Feb. 18: Chinese Premier Li Qiang called for “pragmatic and forceful" action to boost the nation’s confidence in the economy. Officials should focus on solving practical problems faced by individuals and companies as the holiday ends, Li said, adding that they need to “win the trust of the people with real work and achievement." Feb.

01.03 / 02:27

Citi 2020 isolate Department Schools Updates Weather update: Orange alert for heavy snowfall issued in THESE states; light rain in Delhi today. IMD forecast here

heavy to very heavy rain, and snow is likely in Jammu-Kashmir, Ladakh, Gilgit, Baltistan, and Muzaffarabad on 1st and 2nd March. The authorities in Kashmir have also extended the winter vacation for valley schools by four days given the forecast of inclement weather. The schools, which were scheduled to reopen after a three-month winter vacation on March 1, would now resume on Monday.

01.03 / 02:27

markets Provident Aware Trade Bank Holidays in March 2024: Banks to be closed on these days. Check the full list here

Bank Holidays in March 2024: Mark your calendars for the following upcoming bank holidays this month of March 2024. All banks will remain closed for at least 14 days in March.

01.03 / 02:27

Fighting Entertainment Mobile film Banner stars Features From Laapataa Ladies to Dune 2; list of movie releases this week

Laapataa Ladies: Laapataa Ladies is a story set in 2001 in rural India. It is about two young brides who get separated during a train journey and what happens when Kishan, a police officer, takes it upon himself to probe the missing case. The film talks about a time when mobile phones were precious and the internet and technology had not made everything easily accessible.

01.03 / 02:27

markets Target Research MSCI Experts recommendations Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 1

Buy or sell stocks for today: Aided by monthly F&O expiry and MSCI rebalancing volumes, the Indian stock market witnessed sharp upside movement in the last 30 minutes of the Thursday session. The Nifty 50 index ended 31 points higher at 21,982 level, the BSE Sensex went up 195 points and closed at 72,500 mark, whereas the Bank Nifty index scaled 157 points north and ended at 46,120 level.

01.03 / 02:27

Trade War country SOLIDARITY Interviews International US says it struck missiles, drone that posed threat to Red Sea ships

Red Sea operations, the Iran-aligned group's leader Abdul Malik al-Houthi said in a televised speech on Thursday. Houthi militants have repeatedly fired on international commercial ships since mid-November in solidarity with Palestinians over the Israel-Hamas war in Gaza.

01.03 / 02:27

Boeing Trade Apache country cover Department Boeing agrees to $51 million settlement for US export violations, including in China

export violations including Chinese employees in China improperly downloading documents related to U.S. Defense Department programs.

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