India Financial News

parliamentary panel on the Waqf Amendment Bill were suspended for a day on Friday amid continuous protests and accusations against Chairman Jagdambika Pal of steam-rolling through the proceedings. The suspended members are Kalyan Banerjee, Mohammad Jawed, A Raja, Asaduddin Owaisi, Naseer Hussain, Mohibullah, Mohamed Abdullah, Arvind Sawant, Nadeem-ul Haque, Imran Masood.

«We were successful during the course of converting a number of those into permanent contracts and that will give us a foundation for growth as we go into the future,» says Jonathan Hunt, Syngene International. It was a good quarter coming in when you talk about the third quarter. But I also wanted to talk about your discovery services division particularly. So, the initial China plus one pilot project with large and mid-sized pharma companies as well starting to convert into longer-term contracts. So, tell us a little more about this particular division then. Jonathan Hunt: I should start with the results. Overall, we saw a return to growth. As you know, during the course of the year, we saw a little bit of softness in the first half. First quarter, second quarter revenue were both minus 2%. But we predicted that the second half of the year things would start to pick up and we hoped that we would get back to growth and that is exactly what we saw, so plus 11% for the quarter. Nicely balanced across the business.

Subscribe to enjoy similar stories. UltraTech Cement Ltd impressed the Street with stellar volume growth and robust operating performance driven by cost efficiencies in the December quarter (Q3FY25). Domestic sales volume grew around 11% year-on-year to 28.81 million tonnes, beating the industry’s estimated mid-single-digit volume growth during the quarter.

Subscribe to enjoy similar stories. Growing up, Saurabh Singh Rawat had one big dream: to become a cartoon. “I loved watching (anime) cartoons like Dragon Ball and Pokémon...

Subscribe to enjoy similar stories. When the new income tax regime was introduced in 2021, people were taken aback by the lack of most deductions. However, the simplified tax regime made a lot of sense.

Subscribe to enjoy similar stories. As we embark on our journey to achieve the vision of ‘Viksit Bharat by 2047,’ there is little doubt that tax policy will play a key role in realizing it. This is not just from the perspective of funding higher levels of public expenditure that becoming a developed country will entail, but also in terms of the impact it will have on the investment and economic growth needed to help us achieve this vision.

Donald Trump's inauguration on January 20, a palpable sense of fear has gripped many Indian students studying in the United States. As word is out for tightening immigration policies, several students have chosen to quit their odd/ part-time jobs to avoid the risk of deportation, despite the financial strain it places on them, as per a report by Time of India's Amisha Rajani.

Namo Bharat Corridor, reported TOI.

Mumbai and New Delhi ranked among the top 10 most preferred markets for cross-border investment in the APAC region. Mumbai ranked 5th after Tokyo, Sydney, Singapore and Ho Chi Minh City, while New Delhi was tied for the 8th spot along with Seoul, Osaka and Hanoi.

payment gateways, including Razorpay, PayU, and Paytm, freezing Rs 500 crore in their virtual accounts, The Times of India reported. This probe is linked to a cryptocurrency scam, HPZ Token, allegedly operated by 10 Chinese nationals from India.

CBI on Friday filed an appeal before the Calcutta High Court, seeking death penalty for RG Kar hospital rape-murder case convict Sanjay Roy. A division bench, presided by Justice Debangsu Basak, said it will hear the CBI's appeal on January 27, along with a prayer by the West Bengal government seeking admission of its appeal with a similar plea.

Jupiter Electric Mobility on Friday said it has formed a strategic partnership with logistics operator Porter for its Udaan programme.

BSNL) has taken as many as 65,000 fourth-generation or 4G radio sites on-air and is looking to further increase coverage and capacity based on 2100 Mhz and 700 MHz band spectrum, to ensure robust signal penetration in challenging terrains and indoors.

Polygon blockchain. These tokens are set to reward users for simply browsing the web on Jio’s own JioSphere browser. While JioCoins aren't stablecoins, transferable, or redeemable just yet, they accumulate in the Polygon wallet, creating an exciting gateway for millions of Jio users to explore the world of Web3.

Donald Trump is heading to hurricane-battered western North Carolina and wildfire-ravaged Los Angeles on Friday, using the first trip of his second administration to tour areas where politics has clouded the response to deadly disasters.

FIITJEE coaching centers have reportedly closed abruptly across India, impacting thousands of students preparing for exams. As per reports, centers in Noida, Meerut, Ghaziabad, Lucknow, Varanasi, Bhopal, Patna, and Delhi's Laxmi Nagar have shut down within a week. The closures reportedly occurred after teachers resigned due to unpaid salaries and better opportunities elsewhere. Parents and students expressed concerns after the institute failed to issue refunds despite halting classes, prompting police complaints in various locations.

«The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that, why this stagnation is there, and what is their thought process it will become clear in a week when the budget comes in,» says Sandip Sabharwal, asksandipsabharwal.com. What could be interesting in this market falls could be insurance. Their numbers were not bad. I looked at HDFC Life numbers, decent. Three-four years, like you said, Kotak Mahindra Bank insurance stocks have also done nothing, nobody likes them, nobody owns them, and genuinely I see that there is a turf of growth which seems to be getting made. Sandip Sabharwal: Yes, I would agree like especially for hdfc Life the expectations were low, they reported decent numbers, stock ran up, now it has consolidated a bit. So, I think that could potentially be one stock from the insurance sector which could do well. Similarly, ICICI Lombard number on general insurance were pretty decent.

India can elevate its standing in global exports by branching out into high-tech manufacturing, which holds a lot of potential for growth. While India’s strengths have been more prominent in the traditional labour-intensive industries such as gems and jewellery, leather, and readymade garments, it is the export of high-tech products that can prove to be a real game changer for the economy.

The NSE Nifty index traded 39.25 points up at 23244.6, while BSE Sensex was 157.69 points at 76678.07 as of 11:04AM(IST)on January 24.