India Financial News

Champions Trophy triumph has added to the aura of Rohit Sharma and it won't be a surprise if he continues as Test captain and travels to England as leader of the pack even as the selectors are yet to make a decision on the tour, starting June 20. Rohit was under pressure to perform in Dubai, especially after a 1-3 series defeat in Australia accentuated his own poor form. The triumphant run in Dubai has certainly given the skipper breathing space and elbow room. But the question remains if the national selection committee will consider success in ODI format while deciding on more challenging Tests format, where the returns have been modest, of late. The team suffered six hard-to-digest defeats, in the last WTC cycle. The new cycle for India will begin with the England series, where the first Test will be played at the Leeds.

'I actually don't know what I will be doing post retirement, recently I asked a teammate the same question, and got the same reply. Yeah but may be a lot of traveling," said Virat Kohli. Recently, the peerless Virat Kohli said his job is not just to win ICC trophies but also ensure that Indian cricket is at a better place when he walks into the sunset, as the team won a third Champions Trophy title with a four-wicket victory over New Zealand here. India completed a chase of 252 with six balls to spare. «When you leave, you want to leave the team in a better place, I feel we've a squad that's ready to take on the world for the next eight years,» an ecstatic Kohli said after the end of the final. «It's been amazing, we wanted to bounce back after a tough Australian tour, and wanted to win a big tournament, so to win the Champions Trophy is amazing,» Kohli told broadcasters 'JioHotstar' with Shubman Gill by his side.

Participating at the inauguration of a manufacturing factory of Zetwerk Electronics at Sriperumbudur, Vaishnaw said he was lucky as he got a professor by name Sadagopan while pursuing his academics at IIT Kanpur who taught him about the Tamil language. Greeting the audience with a traditional 'Vanakkam' (Namaste) in Tamil language at the beginning of his speech, Vaishnaw said, «Tamil is a very very sweet language. All I know is three words — Vanakkam, Eppadi Irukeenga (How are you) and Nandri (Thanks).» Referring to his interaction with Sadagopan at IIT Kanpur, the Minister said, «Sadagopan introduced me to Tamil language and in North India, Tamil is generally known as masala dosa, right?.. He taught me so many facets of Tamil culture… It is a very, very deep culture, very ancient culture. We all respect Tamil culture and we all respect the Tamil language.» «This is one of our assets of our country and this is also one of the assets of the world and lets take pride in that. Let's take joy in that and let's enjoy all the Indian languages. And that is the spirit with which our Prime Minister (Narendra Modi) is working today making sure that every Indian language gets its big place under the Sun and make sure they get the respect which is due to them, make sure that they get the exposure,» he said.

Subscribe to enjoy similar stories. A four-and-a-half-hour drive from Bengaluru takes you to Chikmagalur, believed to be the coffee capital of India. Ironically, I discovered it’s easier to buy liquor than quality coffee beans there, although its estates grow some of India’s finest high-altitude beans.

Bombay High Court has upheld the mandatory use of FASTag, the electronic toll collection system, and the imposition of double toll fees for vehicles without it. The court dismissed a public interest litigation (PIL) filed by Pune resident Arjun Khanapure, challenging the National Highways Authority of India's (NHAI) directive, which mandates that vehicles without FASTags pay twice the regular toll fees. Chief Justice Alok Aradhe and Justice Bharati Dangre, in their ruling on Thursday, emphasized that the implementation of FASTag is a well-considered policy decision aimed at ensuring efficient and smooth road travel. «The system of FASTag, introduced in 2014, is here to stay,» the judges remarked, stating that there was no legal basis to intervene in the Centre's policy, which is being carried out by NHAI. Khanapure had filed the PIL after NHAI's circular in February 2021, which made it mandatory for all vehicles to use FASTag to pass through toll plazas. He had urged the court to keep at least one toll lane for hybrid payment options, such as cash.

DC, led by Australian legend Meg Lanning, reached the final directly, having won five out of eight matches and finishing on the top of the table. This is their third consecutive final and will be looking to lift their first WPL title as they fell short in both 2023 and 2024. The Harmanpreer Kaur-led MI, finished second in the league stage with 10 points. Even though they were tied with Delhi, Mumbai had a lower Net Run Rate. They defeated Gujarat Giants comfortably in the Eliminator match to play their second WPL final. They were the inaugural champions of the tournament.

Sharad Pawar has urged Prime Minister Narendra Modi to permit installing three horse-mounted statues of Peshwa Bajirao I, Mahadji Shinde and Malharrao Holkar at the Talkatora Stadium. The area around Talkatora Stadium holds immense importance in the military campaigns launched by the Maratha Empire against the Mughals in the 18th century. Pawar said a Pune-based NGO had planned to install busts of Bajirao, Shinde and Holkar at the Talkatora Stadium, but litterateurs and historians have weighed in favour of equestrian statues of the three warriors. «However, many literary figures and well-wishers have voiced the sentiment that full-sized equestrian statues would be a more fitting tribute to their valour and contribution,» he said in a letter to Modi. Pawar said as Talkatora Stadium falls under the jurisdiction of the New Delhi Municipal Corporation (NDMC), he was seeking the prime minister's intervention in directing the Government of Delhi and NDMC to grant the necessary permissions for installing full-sized equestrian statues.

Real estate developers have acquired 5,885 acres land during 2022-24 for Rs 90,000 crore to build projects amid strong demand for housing and commercial assets, according to JLL India. Real estate consultant JLL India data showed that real estate developers bought 1,603 acres of land in 2022 for Rs 18,112 crore, 1,947 acres in 2023 for Rs 32,203 crore. During 2024, the land acquisition by developers touched 2,335 acres costing Rs 39,742 crore. During the 2022-24 period, real estate developers bought 5,885 acres for Rs 90,057 crore.

US recession fears and tariff wars, unleashed by President Donald Trump. The top 10 laggards in the week gone by include BMW Industries, Triveni Turbine, Veranda Learning Solutions, Jai Corp, Orchid Pharma, Coffee Day Enterprises, Max Estates, EKI Energy Services, Gensol Engineering and K&R Rail Engineering which fell between 16% and 43%.

Centre for Public Interest Litigation, also sought direction of the court mandating that the CAG shall be appointed by the President in consultation with an independent and neutral selection committee comprising of the prime minister, the Leader of the Opposition (LoP) and the Chief Justice of India and in a transparent manner. It said that the direction for appointment of CAG should be similar to the appointment of other bodies including Information Commissions and the Central Vigilance Commission. The PIL will be taken up for hearing on Monday by a bench of justices Surya Kant and N Kotiswar Singh. The plea filed through advocate Prashant Bhushan contended that the present mode of appointment of the CAG, which is done solely by the executive i.e. by the prime minister who handpicks any individual and recommends his name to the President for appointment, is unconstitutional as it is violative of Article 14 and several basic features of the Constitution. «The appointment of the Comptroller and Auditor General of India solely by the executive and the Prime Minister of India undermines the independence of the office of the CAG, suffers from grave conflict of interest and thereby is detrimental to good governance and democracy in India. It is also manifestly arbitrary, detrimental to institutional integrity and violates several basic features of the constitution,» the plea said.

Phillip Capital India’s Income Builder Portfolio followed with a 1.06% return, while Neo Asset Management’s Neo Yield Enhancer Fund and Estee Advisors’ I Alpha Fund posted 0.98% and 0.94% gains, respectively.

Indian equities by the Foreign Portfolio Investors (FPIs) continued in the first fortnight of March where they sold shares worth Rs 30,015 crore. The total FII selling in this year so far has been at Rs 1,42,616 crore. In January, FPIs sold shares worth Rs 78,027 crore and followed it up with a sell-off amounting to Rs 34,574 crore in February.

Special Olympics Winter Games continued on day three and four, with the athletes adding as many as 15 more medals to the country's tally in Turin, Italy. India's total medal count has now risen to 24, building on the nine medals secured in the earlier events. In alpine skiing, Deepak Thakur and Giridhar displayed exceptional skills to clinch gold medals in the Intermediate Super G M04 and M05 categories respectively, while Abhishek Kumar secured a silver in the Novice Super G M01 category. Radha Devi also delivered a stellar performance, earning a silver medal in the Intermediate Super G F03 event. Adding to India's success on the ice, Ziara Porter showcased impressive speed and determination to claim silver medals in 111M F1 event and 222M F2 event of short track speed skating, while Tanshu won a bronze in the 777M M2 category and a silver in 500M M3 category. India's presence in cross country skiing was also felt as Akriti put in a commendable effort to secure a bronze medal in the 50M Classical Technique Final F03.

Indian Super League (ISL) on Saturday announced the dates for the 2024-25 playoffs with two-legged semifinals scheduled between April 2-6 and the final to be played on April 12. The league stage concluded on March 12. The Knockouts will be played on March 29 and 30, and the semifinals will be held on April 2, 3, 6 and 7. Mohun Bagan SG created history by clinching the League Shield for the second season in a row, becoming the first team in the competition to do so. Along with Mohun Bagan SG, FC Goa (2nd), Bengaluru FC (3rd), NorthEast United FC (4th), Jamshedpur FC (5th) and Mumbai City FC (6th) all confirmed their spots in the playoffs. In the playoffs, the teams ranked third to sixth will battle it out in two single-legged knockout matches to determine the opponents for Mohun Bagan SG and FC Goa, who made it directly to the semi-finals.

Recollecting a video conversation with his friend, the Reddit user detailed, “He was standing in an orderly manner at a supermarket checkout, patiently explaining the self-service process and the systematic way people respect traffic regulations. This is the very same person who, back in India, had a habit of cutting in line at bus stops and treating traffic signals as optional. The amusing part? I was always the one trying to stop him from doing so!” The post resonated with numerous readers, sparking discussions on human adaptability. One response noted, “People conform to their surroundings. If you are in an environment where everyone adheres to protocols, you will likely do the same. However, if you find yourself in a setting where people constantly push forward without order, you either join them or risk being left behind.”

In a post on microblogging platform X (formerly Twitter), on Saturday, Sharma wrote, “Many Indian youth have come in the past 3-4 years, asking ‘How can I become a great investor.’ I say: ‘Move abroad. Get any job—even a driver in the Gulf makes Rs. 75k/pm. Build knowledge on the side. In a few years, you will have knowledge AND, mobile, free-flowing, UNCAGED USD capital.’”

Ramesh Chennithala on Saturday alleged that SFI is mainly responsible for the widespread drug distribution and consumption in colleges and hostels in Kerala and CM Vijayan is «encouraging» them. He also demanded the disbanding of the Students Federation of India (SFI), the student organisation of ruling CPI(M). The Congress's sharp reaction came in the wake of police seizing two kilograms of ganja from the men's hostel of a Government Polytechnic College in Kalamassery in Kochi on Thursday night and arresting two students. CPI(M) strongly rejected the charges saying that there is an agenda to eliminate SFI. The incident triggered a blame game among student outfit leaders, including those from the Kerala Students Union (KSU) and the SFI, over the alleged involvement of their activists in the crime. The Congress leadership has been alleging that SFI leaders were involved in the ganja seizure case and the left outfit is playing a key role in the spread of drugs across campuses.

Bahujan Samaj Party founder late Kanshi Ram on his 91st birth anniversary, with senior leader Rahul Gandhi saying his struggle for the rights of Dalits, deprived and exploited «will continue to guide us» at every step in the fight for social justice. «Respectful tributes to the great social reformer, Honourable Kanshi Ram Ji, on his birth anniversary. His struggle for the rights of Dalits, deprived and exploited will continue to guide us at every step in this fight for social justice,» Rahul Gandhi said in a post on X. Congress president Mallikarjun Kharge also paid tributes to the late Bahujan Samaj Party (BSP) leader. «We pay our humble tributes on the birth anniversary of great social reformer, Manyawar Kanshi Ram Ji, who contributed significantly in connecting the Dalit, deprived, exploited and backward classes of the society with the mainstream of Indian politics,» Kharge posted on X. «He left an indelible mark as a pioneer of equality and social justice,» he added. Born in Punjab's Rupnagar on March 15, 1934, Kanshi Ram worked for the upliftment and political mobilisation of people belonging to backward classes.

Subscribe to enjoy similar stories. OTT Tarun Tahiliani, a luxury prêt label by designer Tarun Tahiliani, opened its first-ever store inside Gurugram's Grand View High Street complex, last month. Designed to reflect the brand’s ethos of modern minimalism, the store’s interiors offer an immersive retail experience and houses a collection, including gilets, capes, soft jackets, belted kaftans and dresses, with brand's signature elements such as jewel printing and chikankari.

Subscribe to enjoy similar stories. Spring has arrived in Bengaluru and flowers are everywhere—on trees, in parks, in flower markets, in nurseries, at traffic junctions, at wedding venues in different colours, shapes, sizes and fragrances. This is no longer the garden city I grew up in.

Subscribe to enjoy similar stories. India’s Mutual Funds Sahi Hai campaign was meant to revolutionize investing. But in Manipur, the country’s least-penetrated mutual fund market, it barely registered.