India Financial News

wheat and rapeseed. India is expected to experience above-normal minimum and maximum temperatures from December to February, with fewer «cold wave days expected», the India Meteorological Department said in a statement. Winter-sown crops such as wheat, rapeseed, and chickpea are planted from October to December and need cold weather during their growth and maturity stages for optimal yields.

Bank of America has picked up more than 160,000 sq ft office space in a commercial complex in Mumbai’s Powai locality through a long-term lease of 12 years, with provisions for future scalability to accommodate growth, said people with direct knowledge of the development. Bank of America will be paying rentals of over Rs 350 crore for this new office spread across three floors. As per the agreement, it holds an option to pick up additional 1 lakh sq ft spanning two floors taking the total size of the deal to 250,000 sq ft and rental payout to Rs 600 crore. The investment bank has entered into the lease agreement with K Raheja Corp’s Chalet Hotels for this office space at Cignus Powai through its subsidiary BA Continuum India.

«The two families knew each other but it was only a month ago that everything was finalised. This was the only possible window as her schedule will be hectic from January,» Sindhu's father, PV Ramana, told PTI. «So that is the reason the two families decided to have the marriage ceremony on December 22. The reception will be held in Hyderabad on December 24. She will start her training soon after as the next season is going to be important.»

OnePlus 13 is expected to be priced under ₹70,000 in India, given that its predecessor, the OnePlus 12, launched at ₹64,999. Even with a potential price hike, the premium smartphone is likely to stay within this range, positioning it as a strong contender in the flagship segment.The OnePlus 13 boasts a 6.82-inch QHD+ display with a 120Hz refresh rate, maintaining the same size and high brightness levels as the OnePlus 12, with peak brightness reaching an impressive 4,500 nits.

Subscribe to enjoy similar stories. Video streaming platforms that were long accused of indulging filmmakers who dished out long-format shows running into several hours and episodes without offering any compelling content, have now not just tightened purse strings but are also making greater effort to ensure quality standards are met in whatever programming they put out.

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Subscribe to enjoy similar stories. Mumbai: In September 2021, when Rajiv Kaul, vice-chairman and chief executive of CMS Info Systems, India’s largest cash management firm, met investors, he was desperate to explain that his business had potential. The questions he faced were primarily around how the dwindling use of cash in the years ahead would impact a business that relies on the movement of paper currency.

BJP has flayed Congress leader Rahul Gandhi for his remarks on GDP growth rate decline and said his attempt to paint a picture of economic doom, with selective data and «half-truths», is not just misleading but reeks of a «childish» oversimplification of complex realities. The Leader of Opposition in Lok Sabha had on Sunday expressed concern over India's GDP growth rate declining to its lowest in two years and said the country's economy cannot progress as long as a handful of billionaires accrue its benefits. He stressed that new thinking is required for India's economy and a new deal for businesses should be an important part of it. Reacting sharply, BJP IT department head Amit Malviya wrote on X, «Your attempt to paint a picture of economic doom, with selective data and half-truths is not just misleading but reeks of 'Balak Buddhi' — a childish oversimplification of complex realities». He said crying foul over a 5.4 per cent GDP growth rate by the Congress leader is «laughable when it is one of the highest globally».

Warburg Pincus-backed logistics firm Ecom Express is looking to enter the primary market with a Rs 2,600-crore IPO, which will be a mix of fresh equity sale and an offer for sale (OFS).

Over 50 protesters reportedly entered the premises of the Bangladeshi mission in Agartala, triggering concerns among those present at the complex. «The incident earlier today of the breach of premises at the Bangladesh Assistant High Commission in Agartala is deeply regrettable,» the MEA said.

University of Oxford «From Gridlock to Growth How Leadership Enables India's PRAGATI Ecosystem to Power Progress» illustrates how Prime Minister Narendra Modi's Initiatives has transformed the problems, its monitoring and resolution of various projects of the government. The report says India's PRAGATI platform offers a compelling case study of how digital governance can drive progress. Pragati was launched in 2015 by Prime Minister Narendra Modi and has become an acronym for Pro-Active Governance and Timely Implementation of projects. It has transformed the way India manages its large-scale infrastructure projects and social sector programs.

Union Minister of State for Food Processing Industries Navneet Singh Bittu shared the data of organic food products exported during the last five years and current year in a written reply to Lok Sabha. As per the data, 6,38,998 tonnes were exported in 2019-20 for USD 689.10 million; 8,88,179.68 tonnes for USD 1,040.95 million in 2020-21; 4,60,320.40 tonnes for USD 771.96 million in 2021-22; 3,12,800.51 tonnes for USD 708.33 million in 2022-23; and 2,61,029 tonnes for USD 494.80 million in 2023-24 financial year.

Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has handled 36 million metric tonnes (MMT) of cargo in November 2024. The company in a regulatory filing said that the container segment registered a growth of 21 per cent growth. APSEZ said in the eleven month of 2024, it handled 293.7 MMT cargo, registering a 7 per cent growth compared to the same period last year. The company's logistic rail volume also rose 10 per cent in the eleven months of 2024 to 4.2 lakh twenty-foot equivalent unit (TEUs).

Parliament was informed on Monday. The government's aim is to have an installed power generation capacity of around 777.14 GW by 2029-30. India's overall power generation capacity was at 454.452 GW as of October 2024. The Ministry of Power, in consultation with states, has envisaged a plan to add thermal capacity of a minimum 80,000 MW by 2031-32, Union Minister Shripad Naik said in a written reply to Rajya Sabha. «Against this target, 29,200 MW thermal capacity is already under construction, while 51,520 MW is at various stages of planning & development,» the Minister of State (MoS) for Power said.

Reserve Bank of India on Monday announced decision to remove its supervisory restrictions on Sachin Bansal's Navi Finserv Limited following several rounds of interaction with the company for rectification of deficiencies. «RBI had several rounds of interaction with the company for rectification of deficiencies. Now, having satisfied itself based on company’s submissions, and in view of adoption of revamped processes, systems, and the company’s commitment to ensure adherence to the Regulatory Guidelines on an ongoing basis, especially for ensuring fairness in the loan pricing, the Reserve Bank has decided to lift the afore-mentioned restrictions placed on Navi Finserv Limited, with immediate effect,» said RBI in the statement. The central bank on October 17, 2024 had issued directions to Navi Finserv Limited, Bengaluru (and three other NBFCs), to cease and desist from sanction and disbursal of loans, effective from close of business of October 21, 2024.

career path. A sociology degree allows an individual to gain insights into societal issues, social structures and the kind of impact human behaviour creates on society and its beings. The degree is extremely versatile and so helps you acquire critical thinking, research and analytical abilities that can further help you venture into a wide variety of career fields, in both public and private sectors. After graduation, you can also pursue advanced studies like a master’s or PhD in sociology to further widen your scope of growth and specialise in a specific area of your interest. So, if now you are eager to know the kind of roles and responsibilities you can take up with your sociology degree, here is a quick glimpse:

In recent years, the decline in debt mutual fund investors has been alarming. Since 2020, folios in fixed income funds have dropped to 7.1 million from 8.1 million even as equity-oriented fund folios have skyrocketed to over 1.5 billion from 638 million. While the percentage of total MF assets to bank fixed deposits has risen to 31% in 2024 from 16% in 2020, the ratio of fixed income assets under management to bank deposits remains a paltry 7.5% as of October 2024.

Pokarna Ltd.(up 14.75%), Ashapura Minechem Ltd.(up 6.01%), Sandur Manganese & Iron Ores Ltd.(up 5.87%), 20 Microns Ltd.(up 5.00%), Oriental Trimex Ltd.(up 4.94%), Madhav Marbles & Granites Ltd.(up 1.50%), MOIL Ltd.(up 1.46%), Coal India Ltd.(up 1.28%), Gujarat Mineral Development Corporation Ltd.(up 1.12%) and NMDC Ltd.(up 0.74%) stood among the top gainers.

The Dubai Shopping Festival is just around the corner. Get ready to dive into this shopper's paradise and experience for yourself why shopping in Dubai is a world of its own.

The value of Thanksgiving gravy is shown in the FRIENDS TV serial episode ‘The One with Ross’s Sandwich’. The sandwich is made with what an obsessed Ross rather grossly calls the ‘moistmaker’, a slice of bread soaked in leftover gravy. It acknowledges that bread and gravy are natural partners, as the Old Foodie’s blog notes in a recipe for ‘Gravy-bread for invalids’ from an 1859 English cookery book.

Shares of Natco Pharma Ltd.(up 2.88 per cent), Biocon Ltd.(up 2.8 per cent), Gland Pharma Ltd.(up 2.43 per cent), Mankind Pharma Ltd.(up 2.16 per cent) and Granules India Ltd.(up 1.84 per cent) ended the day as top gainers in the pack.