India Financial News

₹1,57,427 for the Pulsar NS200, ₹1,45,792 for the Pulsar NS160, and ₹1,04,922 for the Pulsar NS125, all based in Delhi. One of the standout features of the 2024 Pulsar NS range is the updated lighting system. The motorcycles now boast a new LED headlamp with integrated LED Daytime Running Lamps, replacing the halogen turn indicators with modern LED units.

Dilwale Dulhania Le Jayenge, Jab We Met, Mohabbatein and others have been re-released over the past few weeks, as have southern language hits from the 1990s and 2000s. While ticket prices are kept nominal to ensure footfalls, trade experts point to the tactic to keep things going at a time when returns from new titles have hit rock bottom.

The holidays are determined by the state governments and the Reserve Bank of India (RBI). These days include all Sundays, the second and fourth Saturdays, public holidays, and a few regional holidays. Bank clients should keep track of the dates of impending bank holidays in March so that they may plan their trips to their bank offices properly. Bank holidays in March 2024: Banks closed for 14 days across states; check state-wise list of bank holidays in March

India’s position remained unchanged at 42 at the International IP Index 2024 compared to 2023, with no change even on the index score which stood at 38.64% since 2022, the US Chamber of Commerce said in a report released on Wednesday. The index ranks 55 countries on their intellectual property (IP) regime. The top countries on the index were the USA (95.48%), UK (94.12%), France (93.12%), Germany (92.46%), Sweden (92.12%), Japan (91.26%), Netherlands (91.24%), Ireland (89.38%), Spain (86.44%) and Switzerland (85.98%).

markets regulator Sebi on Wednesday proposed relaxing rules for certain Foreign Portfolio Investors (FPIs) from enhanced disclosure requirements in a bid to promote ease of doing business. In its consultation paper, the regulator suggested exempting category I university funds and university-related endowments FPI that meet specific criteria from enhanced disclosure requirements. Additionally, it proposed exempting funds with concentrated holdings in entities without a promoter group, where there is no risk of breaching Minimum Public Shareholding (MPS) requirements, from enhanced reporting obligations.

apex auditors of various nations, including India, are firming up an international framework for auditing regional and municipal bodies to gauge the performance of such grass-root level institutions, comptroller and auditor general (CAG) of India Girish Chandra Murmu said on Wednesday. India is planning to host a conference of the supreme audit institutions (SAIs) of Asia in September where a preliminary draft framework for such auditing standards could be deliberated on, Murmu said on the side lines of an event. As many as 262,000 local bodies exist in rural India alone, he said. Local bodies directly get a 4.2% of the Union government’s total divisible tax pool. A global framework assumes significance, as these local institutions play a crucial role in the implementation of various welfare programmes and other projects of both the Union and state governments in every nook and cranny of the nation. Better audit standards will not just result in greater transparency but also effective last-mile delivery of various schemes.

Indian Oil Corporation Ltd. rose 2.42 per cent to Rs 169.05 in Wednesday's trade. It hit an intraday high of Rs 173.45 and low of Rs 167.7, respectively, during the day. The stock quoted a 52-week high price of Rs 196.8 and low of Rs 75.77.

Mahesh Patil, CIO, ABSL AMC, talking to ET Now at the sidelines of ABSL Voyage 2024, says “the theme of our event is Dominant Bharat. If you really believe that Bharat is going to be the third largest economy in the next seven years, and the GDP is going to grow at 7% plus, then you will see a lot of opportunities emerging. Corporate India growth has been very strong in the last two years and will continue to grow at a double digit rate. If that is the case, then while markets might consolidate a bit in the near term because of the huge outperformance, you will still make the long-term returns the markets have given.” 30 years of wealth management, 30 years of superlative CAGR returns. They say good news and good prices rarely come together. Right now, the news is great. But when the news is great, prices are bad. What is the way forward? What should be the message from Birla AMC? And what should be the takeaway for them? Mahesh Patil: Yes, good morning and welcome to this voyage event. I think we have been through this occasion and we have been trying to put forward our views. Okay, every time we come, okay, and talk over here, we are always worried. The market has reached a peak now. That is a common question which is there. But you are right, Last one year has been unprecedented. The kind of returns that we have seen and the market has been climbing the wall of worry.

Also Read: Stocks to buy: Maruti Suzuki, M&M, TVS Motor among top picks in auto sector by HDFC Securities Similar trend is being witnessed in the domestic demand scenario for electric passenger vehicles (PV). Recently, Tata Motors has reduced its FY24 EV sales estimate by 20% to 75,000 - 80,000 units and also cut prices by upto ₹1.25 lakh per vehicle to drive wider adoption.

Also Read Govt to rope in PSUs for solar rooftop initiative; households can get rent According to the latest government data, power consumption in the country has risen to 1354.97 billion units (BU) during the April-January period of this fiscal year, marking a 7.5% increase from 1259.49 BU recorded during the same period in fiscal year 2022–23. The significant increase in power demand has prompted the government to revise its projections for electricity consumption. Also Read: Best renewable energy stock: KP Energy vs Inox Wind Last year, peak demand soared to 243 gigawatts, exceeding initial projections of 229 gigawatts by the power ministry.

₹12,142.14 Crore an under the Approved Resolution Plan, the Corporate Debtor (RCL) is proposed to be acquired on a going concern basis and the assets that continue on the books of RCL shall be available post implementation of the Approved Resolution Plan. Following governance issues and payment defaults, the Reserve Bank of India (RBI) took over the board of the Anil Ambani group's firm in November 2021.

Vikramaditya Singh, resigned from his ministerial post, deepening the crisis for the Congress-led government in the state, a day after it lost the Rajya Sabha elections to the Bharatiya Janata Party (BJP) despite having a clear majority. Singh said he quit because the voices of MLAs were being stifled in the Sukhvinder Singh Sukhu-led Congress government for the last one year. Vikramaditya Singh was born on October 17, 1989, to the royal Rajput family of the princely state of Bushahr.

PayU Payments has significantly bolstered its board of directors, appointing five new members in a strategic move that expanded the board's strength to seven on February 29, according to a report by Moneycontrol. This diverse group brings a wealth of experience in finance, law, and business leadership, aiming to provide valuable guidance and support to PayU as it navigates the ever-evolving payments landscape in India. Leading the new appointees is Renu Sud Karnad, the former Managing Director of Housing Development Finance Corporation (HDFC), who will serve as the Chairperson of the board, the report added.

Hindustan Times. The researchers and doctors at the institute have reportedly worked for 10 years and have now come up with a tablet which they claimed would stop the occurrence of cancer for the second time in patients.

coal imports are expected to fall for the first time this year since the COVID-19 pandemic due to increasing domestic output and record-high inventories, industry officials said on Tuesday. Out of eleven coal traders, Reuters spoke with at the Coaltrans India conference in the western state of Goa, eight expected shipments of the fuel to decrease this year, while the others foresaw flat imports or marginal growth.

systematic investment plans (SIPs) of mutual funds have jumped to ₹18,838 crore in Jan 2024, reflecting a jump of 36 percent in just one year’s time. A year prior to this, the corresponding figure for SIP inflow stood at ₹11,517 crore and two years before, inflows into SIPs stood at ₹8,023 crore. Consequently, total SIP assets under management (AUM) have touched ₹10.26 lakh crore, 43 percent in just nine months when it stood at ₹7.17 lakh crore, shows the AMFI data.

Bank Nifty was up by 39.1(0.08%) at 28 Feb 2024 10:44:56 IST.In the BSE Sensex index Tata Consultancy Services, Infosys, Tech Mahindra, Bajaj Finserve, Hindustan Unilever were the top gainers while Asian Paints, Wipro, Power Grid Corporation Of India, Maruti Suzuki India, Mahindra & Mahindra were the top losers.In the Bank Nifty index Punjab National Bank, State Bank Of India, Axis Bank, ICICI Bank, HDFC Bank were the top gainers while IDFC First Bank, Bank Of Baroda, Au Small Finance Bank, Bandhan Bank, Federal Bank were the top losers.For the complete list of 52 week high stocks click here. Milestone Alert! Livemint tops charts as the fastest growing news website in the world

READ HERE: India's GDP growth to moderate in Q3 & Q4; Capex to remain tepid: ICRA's Aditi Nayar The brokerage further informed that its estimates are corroborated with the in-house developed SBI-ANN (Artificial Neural Network) model, with 30 high-frequency indicators. ANN has been trained for the quarterly GDP data from 2011Q4 to 2020Q4 and the in-sample forecast performance of the model in the training period has been precise.

Thar Earth Edition, a special iteration of the beloved 3-door Thar, which has recently been unveiled to eager consumers. Boasting both petrol and diesel engine options, drivers can opt for either manual or automatic transmission, offering versatility to suit diverse preferences. The Earth Edition distinguishes itself with subtle yet impactful cosmetic enhancements that elevate its visual appeal.

Birla Corporation, Marksans Pharmaceuticals, Saregama India, Savita Oil Technologies and Jash Engineering. The brokerage firm advises buying these stocks at current market prices and add on dips, keeping a time horizon of 2-3 quarters.

Patanjali Foods fell by 4.13% to ₹1,555 apiece in today's early morning trade after the Supreme Court on Tuesday served a contempt notice to Ramdev-owned Patanjali Ayurved and its managing director Acharya Balakrishna for going back on their promise to not make "misleading claims" in advertisements for its medicines. Also Read: SC slaps contempt notice on Patanjali Ayurved for misleading ads The apex court also barred Patanjali from promoting products claimed to cure diseases such as heart ailments and asthma.