India Financial News

Subscribe to enjoy similar stories. India’s telecom regulator has tightened regulations to counter spam and unsolicited messages. One measure is mandating the traceability of commercial messages from senders.

Vivo T3 Ultra in-depth review: A near perfect performance phone for budget buyersiQOO 13 will feature a 2K LTPO AMOLED display with 144Hz refresh rate. It will also come with IP68 and IP69 rating for dust and water resistance.

Q2 earnings season, the worst since June 2020, was not enough, stock market investors are now dealing with another headache after the Q2 GDP growth of 5.4% was at its lowest in the last seven quarters. With Sensex and Nifty already down 7-8% from their peaks amid record-breaking pullout by FIIs, brokerages are now lowering the India GDP targets which may eventually start reflecting on the equity market outlook as well.

Inox Wind Ltd.(up 9.47%), Torrent Power Ltd.(up 6.00%), Ravindra Energy Ltd.(up 5.00%), Inox Wind Energy Ltd.(up 4.97%), Neueon Towers Ltd.(up 4.82%), GE Power India Ltd.(up 3.72%), Jyoti Structures Ltd.(up 3.17%), GMR Power and Urban Infra Ltd.(up 1.60%), Adani Green Energy Ltd.(up 1.55%) and Indo Tech Transformers Ltd.(up 1.48%) were among the top gainers.

Stocks that rallied over 10% included, Nelco Ltd(14.79%), Kilpest India(13.90%), Darshan Orna(13.33%), Response Informatic(12.37%), Raghuvir Synthetics(11.54%), Ramco Systems(10.56%), Hikal Ltd(10.45%), Bombay Wire Rope(10.45%) and Mefcom Capital(10.01%).

Choksi Imaging(up 19.99%), IO System Ltd(up 19.96%), Pudumjee Paper Prod(up 18.15%), BN Rathi Sec(up 17.24%) and Nelco Ltd(up 16.08%) were among the stocks that surged over 15%.

The allotment of IPO of C2C Advanced Systems, which received strong response from investors, will be out today. To check the allotment status through the registrar, follow the below mentioned steps. The registrar in this case is Link Intime India.

The city's air quality was last recorded in the 'poor' category on October 29 with an AQI of 268, according to the CPCB. Experts attribute the improvement to dry northwesterly winds and ample sunlight, which have helped disperse pollutants. However, the city's air quality remains far from ideal as an AQI between 201 and 300 is still considered harmful to sensitive groups.

trade hub by expanding participation of authorised economic operators (AEOs), integrated free zones, and promoting innovative policies, Revenue Secretary Sanjay Malhotra said on Friday. «We aim to set new benchmarks in trade facilitation and global connectivity,» Malhotra said while delivering the valedictory address at the Global AEO Conference here. He further said technology and trust are two pillars of the revenue department and underscored the importance of expansion of Mutual Recognition Agreement (MRA) programme to include more regional and bilateral partners. India has been adopting technology both in direct and indirect tax administration, he said, adding that most of the services are online including appeals, refunds and payments.

The NSE Nifty index traded 1.25 points down at 24129.85, while BSE Sensex was 89.22 points at 79713.57 as of 09:58AM(IST)on December 02.

The NSE Nifty index was trading 7.4 points down at 24123.7, while BSE Sensex was 109.35 points at 79693.44 at the time of writing this report.

Samantha Ruth Prabhu recently lost her father. Joseph Prabhu breathed his last on November 29. The ‘Ye Maaya Chesave’ star broke the news through a short but emotional post. Taking to Instagram Stories, she penned, “Until we meet again, Dad.” and added a broken-hearted emoji. The late Joseph Prabhu was known to be reticent and was not seen in public with his famous daughter. However, an old social media post of his, where he came to Samantha’s defense after her divorce from her ‘Majili’ co-star Naga Chaitanya, is currently going viral. In 2021, Joseph responded to his daughter Samantha’s divorce from her ex-husband Naga Chaitanya by sharing a heartfelt throwback photo of the couple from their wedding along with an acerbic post that read: “Long, long ago, there was a story. And it doesn’t exist anymore. So, let’s start a new story and a new chapter.”

Parliament were washed out in the first week of the Parliament's Winter Session ending November 29, both Houses are set to resume the proceedings on Monday at 11 am. Parliament proceedings have been stalled since the beginning of the Winter Session amid protests by opposition parties over the Adissue and violence in Manipur and Sambhal. Meanwhile, the floor leaders of the INDIA bloc are scheduled to meet at the Parliament House office of Congress President and Rajya Sabha Leader of Opposition Mallikarjun Kharge ahead of the commencement of both Houses.

Subscribe to enjoy similar stories. Poll managers in the BJP must be heaving a sigh of relief: the underwhelming gross domestic product (GDP) data for the July-September 2024 quarter has been released well after the Maharashtra assembly polls were done and dusted. Logging disappointing year-on-year growth of 5.4%, the GDP data print for the second quarter of 2024-25 is not only much below consensus estimates from leading economists and analysts, but also offers a contrast from the economic narrative presented by top bureaucrats and economic administrators.

Yogi Adityanath, has declared the Maha Kumbh area in Prayagraj as a new district. The decision, taken on Sunday, which led to the formation of the new Maha Kumbh Mela district, was made to streamline the management and administration of the upcoming Kumbh Mela, ensuring smooth operations for the grand religious event scheduled for January 2025. The newly formed district will be known as Maha Kumbh Mela. This step has been taken to smoothly manage the special event of Kumbh Mela and conduct administrative work in a better manner.

The central bank’s rate cuts anticipated from early next year on slowing economic growth, continued index-inclusion-related foreign inflows and strong demand from local pension and insurance companies are likely to further burnish the appeal of sovereign notes.

Abizer Diwanji, Founder, NeoStrat Advisors LLP, says people will take the decision on the basis of whatever their compulsions are. Institutional investors, especially from the US, will have bigger compulsions in their country, being answerable to their own investors, and they may take a different call. The primary consideration for a normal investor should be returns and the efficacy of cash flow. As far as we have been covering banking, there is a reputational risk, there is a financial risk. But despite that, you have seen that Japanese lenders may continue to support Adani. How would these banks be assessing the situation according to you? Abizer Diwanji: First of all, banks are very focused on lending and lending to specific projects which have a high probability of cash flows, that is the most important thing. Now, given the group's ability to construct and execute contracts well, I think from a credit risk perspective which is the main criteria on which lending is done, most people would take a view that there is no problem with the credit.

Subscribe to enjoy similar stories. India has stayed off US President-elect Donald Trump’s target range so far, but Brics was the focus of his latest finger-wag.

“While we could see some foreign selling in the next one week or so, the extreme selling should fizzle out as global investors typically have light positions in December,” said Abhilash Pagaria, head of alternative and quantitative research at Nuvama.

Foreign investors were net sellers of securities under the central bank's fully accessible route (FAR) for the second straight month in November, as global fund managers went underweight on Indian securities amid rising US yields. Foreign portfolio investors sold FAR securities worth ₹5,186.7 crore more than those they purchased in November, according to data from the Clearing Corporation of India. Net sales in October were ₹2,051.67 crore.