India Financial News

NSE data. Notably, the number of women investors has surged by 59% since FY22, reflecting their growing trust in equity markets. Moving beyond traditional investments like gold and fixed deposits, women in Gujarat are reshaping their financial strategies. «Working women are increasingly drawn to equities, influenced by exposure to market-savvy colleagues and the prospect of better returns,» said Vaibhav Shah, director of a local stockbroking firm. NSE data shows that Gujarat had 59.06 lakh registered investors at the end of FY22, including 16.18 lakh women. By October 2024, the total investor base rose to 93.65 lakh, with women accounting for 25.66 lakh, marking a 58.59% increase in female participation.

Donald Trump prepares for his second term as US President, his aggressive trade stance is already creating ripples in the global economy. A key element of his protectionist policies is the threat of imposing 100% tariffs on BRICS countries, including India, if they move away from using the US dollar in international transactions. This bold stance, declared through a scathing social media post, could have severe consequences for India’s exports, particularly in critical sectors such as pharmaceuticals, textiles, and information technology. Trump’s remarks come in response to discussions among BRICS nations, which include Brazil, Russia, India, China, and South Africa, regarding the possibility of reducing their reliance on the US dollar for trade. A summit held in Russia in October focused on increasing local currency transactions, a move that Trump has now vowed to challenge. “The idea that the BRICS Countries are trying to move away from the Dollar while we stand by and watch is OVER,” Trump wrote, warning that any country attempting to replace the dollar with another currency would face significant tariff hikes. Also Read: Trump threatens 100% tariff on BRICS countries over currency plans

Radhika Merchant and Anand Piramal were among the high-profile attendees at Dua Lipa’s concert in Mumbai on Saturday evening. The daughter-in-law and son-in-law of billionaire power couple Mukesh and Nita Ambani were seen arriving at the venue. Radhika, married to Mukesh and Nita Ambani’s younger son Anant Ambani, and Anand, married to their daughter Isha Ambani, were spotted entering the venue in different cars, along with a fleet of security vehicles. The video was shared by the Instagram handle of ETimes The concert, headlined by Grammy-winning singer Dua Lipa, marks the second edition of the Zomato Feeding India Concert. Held at the Bandra Kurla Complex (BKC) in Mumbai, the event also featured performances by artists like Jonita Gandhi, Talwiinder, and others.

Indian Navy held a rehearsal at Puri Beach ahead of the Navy Day celebration on December 4. Puri Superintendent of Police (SP) Vineet Agarwal on Saturday said that preparations and rehearsals are being done for the Navy Day celebration. «All arrangements have been made for the event...I appeal to all the people of the state to support the administration and police teams,» Puri SP told ANI.

According to the rating agency Crisil, the growth is weighed down by high interest rates and low fiscal impulse. «Risks are tilted toward the downside given the lacklustre second quarter growth number,» said the Crisil report.

Sensex and Nifty ended the week nearly 1% higher, marking the second consecutive week of advances amid mixed cues. While easing geopolitical tensions, favorable state election results and MSCI rebalancing supported the market, FII selling limited the upside. «The Indian market is increasingly witnessing severe bouts of volatile trading, as the gyration from positive to negative zones has been very sharp owing to stretched valuation concerns and the lingering selloffs from foreign investors. Despite the recovery, there is no firm trend visible due to lack of fresh positive triggers,» Prashanth Tapse of Mehta Equities said.

USD 656.582 billion in the week that ended on November 22, data from the Reserve Bank of India (RBI) showed. The forex reserves dropped by about USD 1.310 billion in the reporting week. The reserves have been falling ever since it touched all-time high of USD 704.89 billion in September. The reserves have been declining likely due to RBI intervention aimed at preventing a sharp depreciation of the Rupee. A substantial foreign exchange reserve buffer helps shield domestic economic activity from global shocks.

Cyclone Fengal, which made landfall near Puducherry on November 30, remained stationary near the union territory and would gradually weaken in the next three hours, the India Meteorological Department (IMD) said on Sunday. Meanwhile, operations at the Chennai airport, which had been suspended on Sunday, resumed past midnight but many flights suffered cancellations and delays, officials said. Further, Puducherry recorded its highest rainfall of 46 cm, IMD-Regional Meteorological Centre, Additional Director General, S Balachandran, said in an update at 7.30 am on Sunday. He said Cyclone Fengal started making landfall near Puducherry around 5.30 pm on Saturday and completed the process «between 10.30 pm and 11.30 pm.»

Subscribe to enjoy similar stories. When P.R. Sreejesh announced his retirement after India won its (and his) second consecutive bronze medal in hockey at the Olympics in Paris in August, he had visualised what life off field would be like.

Subscribe to enjoy similar stories. The Indian Premier League (IPL) triennial auction in Jeddah, Saudi Arabia, on 24-25 November had as much game strategy as you see on the cricket field. When the dust settled, 10 teams emerged with strengths as well as weaknesses, setting up a well-contested IPL 2025.

₹40,000 mark in India, the OnePlus 12R is now down to ₹32,999, along with bank offers, in the Amazon Black Friday sale.OnePlus 12R is listed at a price of ₹35,999 for the 8GB RAM/128GB storage variant. Meanwhile, the 8GB RAM/256GB storage variant is listed for ₹38,999 and the 16GB RAM/256GB storage variant is listed for ₹40,999.

Amazon workers across more than 20 countries which include the US are actually planning to strike from Black Friday through Cyber Monday as part of the 'Make Amazon Pay’ campaign, reported New York Post. This initiative aims to hold the company accountable for alleged labor abuses, environmental degradation and threats to democracy. According to New York Post, organizers from UNI Global Union and Progressive International stated that the strikes are intended to unify workers globally against the corporate exploitation. The protests will take place in major cities worldwide which will be including the US, UK, Germany, Japan, Brazil, India and Turkey, asserted New York Post. Striking workers will be supported by various unions and advocacy groups.

Nitish Kumar joins hands with BJP. The fact that states and UTs like Delhi, West Bengal, Tamil Nadu, Telangana, Jammu & Kashmir, Karnataka, Himachal and, most recently, Jharkhand have EVMs that are completely unaffected by suspected poltergeist activity adds to the mystery. Some people like Mallikarjun Kharge, Sharad Pawar and Mayawati, have a rational bent of mind. They believe that EVM anomalies are not the product of ghosts in the machine, but of human tampering. They have demanded that the ballot paper — their metric of reliability from the good old 80s-90s when voters chose 'better' than they do today, except in states where they continue to choose correctly — be brought back.

It has, however, cast a shadow on several other sectors—it has pushed up the prices of poultry feed and cooking oils and hit the wallets of consumers and the profits of oilseed farmers.

The oil, a bestseller from the celebrity, wasn’t the only product that sold like hot cake on its India launch. Most products from the brand that went live on Sephora India that midnight sold out, so much so that the traffic led to the site crashing. Fellow global superstar Rihanna chose to introduce her brand Fenty Beauty, valued at a massive $3 billion, on Falguni Nayak-owned beauty platform Nykaa this March to a star-spangled launch, and saw immediate sales traction. The launch was timed right after Rihanna performed at billionaire Mukesh Ambani’s son Anant’s wedding with Radhika Merchant.

Lomani Amitabh B Pour Homme Perfume sells on Amazon for Rs 1,299 for a 100 ml pack. Legend 1942 also sells an Amitabh Bachchan range of men’s perfumes—Heritage White and Flamboyance Black. The price is steeper at Rs 3,750 for a 100 ml bottle. The “1942” in the brand name, in case you did not make the connection, is Bachchan’s year of birth. A new range was launched a couple of years ago, on his 80th birthday. Unfortunately, the perfumes don’t seem to be anywhere close to being the hot sellers that one would expect from Big B. They exist, but without much fanfare or franchise —a pale shadow of the legend they represent. I visited Nueva, Virat Kohli’s restaurant in Delhi. It was nice but it wasn’t exceptional. There is also One8 Commune now open in multiple locations. I have read mixed reviews of the restaurant, and those that have been there have provided only lukewarm feedback.

Vikram Sampath's book 'Tipu Sultan: The Saga of the Mysore Interregnum' at the Indian Habitat Centre here in Delhi. Jaishankar described Tipu Sultan as a «very complex figure in history,» highlighting both his resistance to British colonial control and the controversial aspects of his rule. Speaking at the event, Jaishankar said, «Tipu Sultan is actually a very, very complex figure in history. On the one hand, he has the reputation as a key figure who resisted the British colonial control over India, and it is a fact that his defeat and death can be considered a turning point when it came to the fate of peninsular India.» However, Jaishankar also noted the «adverse» effects of Tipu Sultan's rule in the Mysore region. «At the same time, he evokes strong adverse sentiments even today in many regions, some in Mysore itself,» he added.

There was no causality. Officials said that the Dhaka-bound bus owned by Shyamoli Paribahan of Bangladesh carrying 28 passengers — 17 Indian and 11 Bangladeshi nationals — left Agartala on Saturday morning. When the bus reached Ashuganj (in Brahmanbaria), 31 km from the Agartala-Akhaura Integrated Check Post, a goods-laden truck tried to overtake it and the bus collided with an auto-rickshaw, leading to a commotion among the local people, the official said.

State Bank of India (SBI) on Saturday said it has launched a nation-wide drive to raise awareness about the importance of inoperative account activation. A savings or a current account is treated as inoperative if the customer has no transaction in the account for a period of over two years. Activation of these accounts requires Re-KYC. Necessity of regular transactions in the account and preventing categorization into in-operative was the key message, SBI said in a statement.

Knight Frank India. As many as 9,736 units were registered during November 2023. In a statement on Saturday, real estate consultant Knight Frank India said that Mumbai city, under the jurisdiction of the Brihanmumbai Municipal Corporation (BMC), recorded 10,216 property registrations in November 2024. The data is as of 8 pm on Saturday. The number might increase slightly.