India Financial News

BCAS), are working on formulating a standard operating procedure (SOP) to enable the operationalisation of e-commerce export hubs in the country, an official said. The commerce ministry has already approved five applications of DHL, Lexship, goGlocal, logistics aggregator Shiprocket, and air cargo handling company Cargo Service Centre to set up these hubs, the government official said.

Kumbh Sah'AI'yak on December 13, 2024. The chatbot is made with multi-lingual capability to assist pilgrims and visitors as Maha Kumbh 2025 kicked off in Prayagraj on Monday. The initiative is a part of the «Digital Mahakumbh» vision.

Mauro Morandi, the Italian man who became famous as the “Robinson Crusoe” of the Mediterranean, has passed away at the age of 85. Morandi, who spent over three decades living alone on a secluded island, died after his health worsened in Modena, Italy. He had moved to the urban life just three years ago after leaving his home on Budelli Island, where he had lived in isolation for 32 years.

Indian Institute of space technology IIST, the Indian Institute of Remote Sensing (IIRS) and few other centres that offer academic courses for Indian students.

Automobile dispatches from companies to dealers rose 12 per cent last year compared to 2023 on the back of positive consumer sentiments which aided robust demand for two-wheelers, industry body SIAM said on Tuesday. Total wholesales across categories rose to 2,54,98,763 units in 2024 against 2,28,39,130 units in 2023, a growth of 11.6 per cent.

Aam Aadmi Party (AAP), say they are facing a host of challenges which could influence their electoral preferences in the February 5 elections.

Subscribe to enjoy similar stories. HCL Technologies Ltd faced the Street’s wrath following its December quarter (Q3FY25) earnings, which had nasty surprises. Ahead of the Q3 announcement, HCL stock hit a new 52-week high of ₹2,012 on Monday, but it tanked around 8% on Tuesday.

Subscribe to enjoy similar stories. Bollywood has long been known for exorbitant star salaries, but trade experts say even smaller regional industries, such as Malayalam, Bengali, Marathi, and Punjabi, are facing challenges with star remuneration rising three to five times in the last four years. In regional markets, box office collections are largely driven by a select few star names.

90-hour workweek controversy, ITC Ltd Chairman Sanjiv Puri said empowering employees to realise their potential and accomplish their jobs well was more important than the number of hours put in. «We would not do that,» he said on not asking employees to put in a particular number of hours at work. We would rather like people to be part of the journey (of the company) and feel passionately involved and kind of feel the urge amongst themselves to make a difference to the enterprise. That's how we look at it".

corporate earnings growth in 1HFY25, the Indian market is poised for a recovery in 3QFY25. The previous quarters have seen slower growth, primarily due to weakness in sectors like metals, oil & gas, and cement. However, we anticipate a positive shift in the upcoming quarter, driven by strong performances in key sectors such as BFSI, capital goods, technology, healthcare, and real estate. These sectors are expected to lead the recovery and drive earnings growth.

anti-benami law has upheld a 2023 land assets attachment order issued by the Income Tax department despite the taxman not being able to identify the «beneficial owner», stating that the said law has specific provisions to deal with such instances. The Authority, a quasi-judicial body, issued the order on November 26 last year in a benami assets case that came to the fore after the department raided three Lucknow-based realty groups that had «purchased big land parcels in the Kakori (Lucknow district) area by paying huge amount of unaccounted cash».

«23,000 is a support level that we are looking at and on the upside 23,500 is the resistance that we are looking at. Although if it fails to hold 23,000, we could see a more downside move towards 22,650 levels. Now, this is the range and the band coming out for Nifty,» says Shivangi Sarda, Motilal Oswal Financial Services. Give us a sense of what you are making of the market move right now because after seeing a continuous series of red, whatever little recovery we are seeing on the markets, do you think this is here to stay, this is sustainable and even though it is inch by inch, do you think we are out of the danger now? Shivangi Sarda: So, we have seen that there has been some sort of a pullback move, but of course, it is the Sankranti effect. We have seen that there has been some stability around 23,000 zones. But then again, we will have to see how sustainable these levels are because we have still not managed to cross its previous day's high.

Shiv Sena (Uddhav Balasaheb Thackeray) leader Sanjay Raut on Tuesday hit out at Rashtriya Swayamsevak Sangh (RSS) supremo Mohan Bhagwat over his remarks, saying it was «wrong» to say that India gained Independence on the day Ram temple was consecrated.

H-1B visa program has become a critical pillar for sustaining economic growth and innovation. With a predicted shortfall of 1.2 million tech workers by 2026 and nearly 1.9 million manufacturing jobs expected to remain unfilled by 2033, experts warn that reducing or eliminating H-1B visas could exacerbate these challenges.

Radhika Gupta, CEO of Edelweiss Mutual Fund, says it is important to manage emotional responses as there is a natural temptation to panic and take action that may not be good for your portfolio.