India Financial News

Bharat Highways Invit has opened for subscription today. The company plans to raise about Rs 2,500 crore by offering its units in the public offer. The net proceeds from the issue will be utilised for providing loans to the project SPVs for repayment of loans and for other general corporate purposes.

G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza. The Ukraine war could take center stage at the meeting, with G7 countries due to meet on the sidelines to discuss shoring up Western support against Russia's invasion — including what US Treasury Secretary Janet Yellen called an «urgent» proposal to use frozen Russian assets to increase aid for Kyiv.

nuclear weapons against each other or make a political statement in this regard, the Chinese foreign ministry's arms control department said. Director general of the department, Sun Xiaobo, called on nuclear states to fulfil their «special and priority responsibilities» on nuclear disarmament according to the U.N. Conference on Disarmament, which seeks to prevent nuclear war, official news agency Xinhua said on Wednesday. During the forum's weekly meeting in Geneva on Monday, Sun said the body should define a roadmap or timetable for an international legal instrument that would protect non-nuclear-weapon states from the threat of nuclear weapons.

Vodafone-Idea: Cash-strapped private telecom operator, Vodafone-Idea, on Tuesday saw its board approve a ₹45,000-crore fund raising initiative—including a ₹20,000 crore equity-based fund raise from existing investors. A shareholder meet for the fund raise is expected to take place on 2 April, post which the operator expects to complete the equity fund raise by the end of the upcoming June quarter.

S Jaishankar answers why India-US ties bloomed during Donald Trump's presidency The previous homeland security dialogue took place in January 2022. 1. According to ANI news agency, India is likely to discuss issues linked to Khalistani separatist Gurpatwant Singh Pannun and several fugitives residing in the US.

Article 370 Box Office Collection Day 5: Article 370, Yami Gautam's latest movie, has been doing consistent business at the box office since its release. After having passed the Monday test and earned ₹3.25 crore net on February 27, the Bollywood movie earned ₹3.25 crore net on Tuesday as well. The movie was released on February 23 and collected ₹5.9 crore net in India.

Sensex gained 305.09 points to close at 73,095.22, while the Nifty 50 settled 76.30 points, or 0.34%, higher at 22,198.35. Nifty 50 formed a reasonable positive candle on the daily chart that has engulfed the small negative candle of Monday. “Technically, this market action is signaling a bullish engulfing pattern.

Sensex gained 305.09 points, or 0.42%, to close at 73,095.22, while the Nifty 50 settled 76.30 points, or 0.34%, higher at 22,198.35. “Domestic equities are consolidating in a range with every dip being bought showing strength at lower levels. Overall, we expect the market to trade in range with positive bias.

₹2,500-crore IPO to open on Feb 28 OIL to announces global partner roadshow in Abu Dhabi Feb 28 Goa ST quota: Note to be placed before Union cabinet Feb 28 Gyanvapi suit: Hearing set on Feb 28, court considers new parties WB: Mamata to visit Jhargram on Feb 28 INSAT-3DS is set to be at its ‘In Orbit Testing’ location by Feb 28 Telangana: Semi-Finals of Pro Kabaddi League Feb 28 Vivo V30 Pro With 50-Megapixel Primary Camera Set to Launch Feb 28 Birth Anniversary: Morarji Ranchhodji Desai Death Anniversary: Kamala Kaul Nehru, Rajendra Prasad National Science Day to honour the discovery of the 'Raman Effect' (India) Bill Gates to visit Odisha on Feb 28Milestone Alert! Livemint tops charts as the fastest growing news website in the world

Day trading guide for Indian stock market today: The domestic benchmark equity indices, Sensex and Nifty 50, concluded the trading session with gains despite experiencing volatility on Tuesday. The 30-share BSE Sensex ended higher by 305.09 points or 0.42% at 73,095.22 level while the Nifty 50 closed at 22,198.35 level, up 76.30 points or 0.34%. On the broader market front, the Nifty Midcap 100 closed 0.12% lower, and the Nifty SmallCap 100 closed 0.28% higher.

Indian stock market today: A total of 5 stocks have been banned for trade on Wednesday, February 28, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.

Buy or sell stocks for today: Domestic benchmark equity indices Sensex and Nifty 50, ended higher in the previous session amidst a choppy trading session led by gains in information technology (IT), auto, pharma, and realty stocks. The 30-share BSE Sensex ended higher by 305.09 points or 0.42 per cent at 73,095.22 level while the Nifty 50 closed at 22,198.35 level, up 76.30 points or 0.34 per cent.

New Delhi: The taxman will defer to secured creditors such as banks while sharing the proceeds of a bankruptcy rescue, two people aware of the government’s plans said. The Centre will amend the Insolvency and Bankruptcy Code (IBC) to unambiguously state that tax authorities will be below secured creditors having a charge on the assets of a corporate borrower in hierarchy while distributing the proceeds, the people cited above said on condition of anonymity. This is a key proposal in the amendments to the IBC that the ministry of corporate affairs has prepared in consultation with the sector’s rule maker Insolvency and Bankruptcy Board of India (IBBI).

scientific community who work in exploring more and more ways by which science can be implemented to make our lives simpler and easier. The impact of Indian scientific breakthroughs is significantly enhancing the 'Ease of Living' for the common man which has been proved by developing indigenous COVID-19 vaccine during the pandemic. The National Science Day is celebrated every year on February 28.

Mint that 77% of the rooms signed in 2023 were within the luxury and premium portfolio segment, compared to the 48% in 2022. Edited excerpts: Asia Pacific had a particularly strong year across the industry. In our case, we almost broke every record that there was.

New Delhi/Mumbai: India plans to seek a four-year delay in the start date of the European Union’s contentious carbon tax to provide more breathing space to its exporting industries, multiple people aware of the matter said. Under the EU’s carbon control regime that kicks off in 2026, emissions should be reduced 2.5% in the first year and reduced every year after that, and eliminated by 2034. There are different targets set for every year and the current plan aims to reduce emissions by 48.5% by 2030.

₹1 trillion research-and-innovation corpus for deep technology announced in the interim budget likely to fuel ambitions across the country. In the early stages of DPI deployment, the basic purpose was to reduce leakages in government welfare delivery.

A fact sheet for the Household Consumption Expenditure Survey (HCES) 2022-23 has been released by India’s statistics ministry. The full report with unit-level data is awaited. It covered roughly 100,000 urban and 150,000 rural households, implying that our urban population is two-fifths of the total.

Last week saw the release of yet another artificial intelligence (AI) model, Gemini 1.5, Google’s much-awaited response to ChatGPT. As has now become the norm, on the day of its release, social media was saturated with gushing paeans about the features of this new model and how it represented an improvement over those that had come before. But that initial euphoria died down quickly.

Playstations, AirPods, power banks and sanitisers have found a place in the government's basket of goods — ownership data on these items has been collected for the Household Consumption Expenditure Survey (HCES), updating a list that nevertheless still contains a few things that are obsolete such as VCRs. The survey collected information on the quantity and value of items purchased or hired by households in FY23, while also checking if they were acquired first-hand or second-hand. It also included information on the cost of repair and maintenance of these items.

Takeda Pharmaceutical is holding talks with Indian regulators to make its dengue vaccine available in the country, the drugmaker's global head of vaccines, Gary Dubin, told Reuters on Tuesday. «We are in talks with regulators and plan to start a clinical trial very soon,» said Dubin. The Japanese drugmaker plans to scale up the production of its dengue vaccine Qdenga through a partnership with Indian vaccine maker Biological E., the companies said earlier in the day.