India Financial News

EY Economy Watch report.

China accounted for nearly 80 per cent of Electronic Vehicle growth globally, with EV sales jumping from over 3 million in the first half of 2023 to more than 4 million during the same period in 2024, according to a report by the International Energy Agency (IEA).

However, elevated valuations and cheaper alternatives in other emerging markets, such as ASEAN and Latin America, could constrain these inflows.

Kiccha Sudeep in the lead role, has finally arrived in theatres across the country. Its release, timed perfectly with the Christmas festivities, has added to the excitement surrounding the film. Directed by Vijay Karthikeyaa, the movie features an impressive ensemble cast, with Varalaxmi Sarathkumar taking on the female lead role. Samyukta Hornad and Sukrutha Wagle are joining her, alongside seasoned actors such as Sunil, Sharath Lohithaswa, and Aadukalam Naren, delivering strong performances.

Sam Konstas will replace Nathan McSweeney in the fourth Test of the ongoing five-match series against India. The 19-year-old is set to become the youngest-ever Australian opener when he makes his debut on Thursday.

Subscribe to enjoy similar stories. In December 2019, a cluster of cases with an unknown flu-like illness emerged in Wuhan, China. Within a few weeks, the virus spread across the region, and soon engulfed the world.

Subscribe to enjoy similar stories. As India steps into its Amrit Kaal, the world appears increasingly uncertain and fraught with unknown unknowns. While global challenges require nimble course correction, they must not deter us from aiming high and using the window of opportunity that India has got.

Subscribe to enjoy similar stories. Earlier this year, a nine-member committee led by former president Ram Nath Kovind presented an 18,626-page report recommending simultaneous assembly and Lok Sabha elections, popularly being referred to as ‘One Nation, One Election.’ It also recommended local body elections within 100 days of Lok Sabha and assembly elections. There have been recent debates around the proposed One Nation, One Election bill, officially titled The Constitution (One Hundred and Twenty Ninth Amendment) Bill, 2024, and the Union Territories Laws (Amendment Bill), 2024.

Varun Dhawan’s Baby John hit the theatres on December 25. The Twitter reviews are out as fans flock to the cinema halls to catch the action thriller on the silver screens. Movie critic, Taran Adarsh has called the film, “Mass Masala” and gave it a three-and-a-half star rating. One Twitter user hailed Varun Dhawan’s performance while for many, it was Salman Khan’s cameo that stole the show for them. A Twitter user shared their excitement about Salman Khan's cameo in Baby John, praising it as a masterclass in how to do a star-studded appearance. They enthusiastically mentioned that Bollywood should take notes emphasizing that it was totally worth the money. The user even stated that they came to the movie solely to witness Salman Khan's performance, highlighting how impactful and entertaining his cameo was.

India Budget: The need to reignite India’s economic growth to 7-8% took center stage at a high-level pre-Budget meeting between Prime Minister Narendra Modi and leading economists on Tuesday. The discussions, held as part of pre-Budget consultations, focused on strategies to maintain growth momentum amidst global economic uncertainties and position India on track to achieve developed nation status by 2047.

Ropar police have arrested a 33-year-old man, Ram Saroop alias Sodhi, for allegedly murdering 11 men over the past 18 months. The accused, a resident of Chaura village in Garhshankar, Hoshiarpur district, reportedly targeted men after offering them lifts or engaging in sexual acts.

Ro Khanna criticised those targeting Indian-born Sriram Krishnan, who was recently chosen as a senior policy advisor for Artificial Intelligence by President-elect Donald Trump, over his Indian origin.

NATHEALTH has asked the government to address systemic gaps such as acute shortage of medical specialists, escalating cancer care costs, and inadequate hospital infrastructure to meet the demands of a growing population in the upcoming union Budget. In its pre-Budget recommendations, NATHEALTH sought increasing budgetary allocations of the healthcare sector to over 2.5 per cent of GDP and asked Finance Minister Nirmala Sitharaman to address the growing burden of communicable and non-communicable diseases, compounded by long standing challenges.

Bharat Petroleum Corporation Ltd (BPCL) has picked Andhra Pradesh for setting up a new oil refinery-cum-petrochemical complex, which may be the last greenfield project in India which has detailed a very ambitious energy transition plan to net zero emissions. In a stock exchange filing, BPCL said its board at a meeting on Tuesday «accorded its approval to commence pre project activities for setting up of a greenfield refinery cum petrochemical complex in east coast at Andhra Pradesh at an estimated cost of Rs 6,100 crore».

Delhi witnessed light rain on Tuesday evening. The city's base station, Safdarjung, recorded 2 mm of rainfall between 5:30pm and 8:30am.

HDFC Mutual Fund has announced the change in name of its large cap fund. The fund house announced that HDFC Top 100 Fund shall be renamed as HDFC Large Cap Fund.