India Financial News

15.11 / 10:07
UPS Gap economy trends country rights Ageing: A challenge that confronts India’s civil services as much as society
Subscribe to enjoy similar stories. As the world ages, governments face the challenge of not only adapting their civil service to new structural changes to ensure the quality of public services but also ensuring businesses and societies adjust to this demographic trend. While public servants are rarely viewed as a workforce of their own, they make up among the largest workforces in the world.
15.11 / 10:07
Provident FIVE Digital Mobile Features Updates Uber enables audio recording during trips, brings new safety-focused feature for female drivers
Uber claims to have over 1 million monthly active drivers in India, and the newly introduced features aim to improve their daily experience while making driving more rewarding and fulfilling.Also Read | India mobility opportunity massive, underpenetrated; have barely scratched surface: UberUber is now providing drivers with the ability to record audio if they feel "uncomfortable or concerned about their safety" during trips. The good news is that these recordings are not accessible to the drivers, and Uber states they will only be opened if the driver submits them as part of a safety report.We have reached out to Uber for further clarity on how rider data is handled during this process.
15.11 / 09:17
markets Target Strategy awards Experts PAM country Govt proposes task force to push for 500 GW renewable energy capacity target
Pralhad Joshi has proposed formation of a task force in consultation with the Ministry of Power to push efforts to meet India's ambitious target of having 500 GW renewable energy capacity by 2030. The minister for new and renewable energy has also urged industry players and stakeholders to devise strategies which would help the country meet the target in a time-bound manner. Speaking at an event in Bhubaneswar, the minister proposed the formation of a task force, in consultation with the Ministry of Power, to align the efforts of all stakeholders towards meeting the 500 GW target, the ministry for new and renewable energy (MNRE) said in a statement on Thursday. India has already achieved 212 GW of energy from non-fossil fuel sources and is on track to exceed the 2030 target, he said.
15.11 / 09:17
markets Fighting Strategy Experts RAI PAM Mike Tyson vs Jake Paul fight live telecast India: How to watch the fight, time, odds, undercard and more
Jake Paul and 58-year-old former heavyweight champion Mike Tyson was initally delayed from the original plan for July, but now is just around the corner. The delay was caused by Tyson having a medical episode on a plane and needing time to recover from a stomach ulcer. Read More: Will Mike Tyson and Jake Paul fight it out for real? Here's the truth behind the upcoming duel
15.11 / 09:17
markets economy awards trends Experts show concert India's gem & jewellery exports see growth in October
polished lab-grown diamonds. In October 2024, the exports of gems and jewellery reached USD 2,998.04 million (Rs. 25,194.41 crores), marking a growth of 9.18% in dollar terms and 10.23% in rupee terms, compared to USD 2,746.09 million (Rs. 22,857.16 crores) in October 2023, according to figures released by Gem & Jewellery Export Council (GJEPC) today. Cut and polished diamonds led the recovery in October 2024, with gross exports reaching USD 1,403.59 million (Rs. 11,795.83 crores), marking a growth of 11.32% in dollar terms and 12.39% in rupee terms compared to USD 1,260.91 million (Rs.10,495.06 crores) in October 2023. Commenting on the export growth, Vipul Shah, Chairman, of GJEPC, said, «Notably, the export of cut and polished grew 11.32% compared to October 2023. We are optimistic that this trend will continue, especially with the approaching holiday season in the West, which will likely drive further demand for gems and jewellery. Furthermore, the GJEPC is making concerted efforts to expand into new markets while strengthening demand in existing ones.”
15.11 / 09:17
markets Strategy Experts Celebrity PAM performer Zepto set to raise $300 million to boost domestic shareholding amid quick commerce battle
Quick commerce startup Zepto is set to raise $300 million from domestic investors, double of the earlier panned amount, according to people in the know. Top India family offices and ultra-HNIs will be a part of the financing, multiple sources said. The latest funding will come on the back of the company having raised $1 billion over the past few months amid an intensifying quick commerce battle with rivals Zomato’s Blinkit and recently listed Swiggy’s Instamart. Post this round, Indian shareholding in Zepto will go to around 35% including the stakes held by the company founders–Aadit Palicha and Kaivalya Vohra. Both the founders have been granted an additional 1% stock based on meeting performance goals, people who know told ET. Celebrities like Bollywood star Amitabh Bachchan and former cricketer Sachin Tendulkar will also be joining the round underscoring the bullishness around the sector. Family offices of Ravi Jaipuria of RJ Corp, Harsh Goenka of RPG group are also in talks to join the round along with the Motilal Oswal group which has increased its investment cheque of $40 million cheque to over $60 million in the round.
15.11 / 09:17
markets Digital Cooper Waters country India, Nepal, Bangladesh launch first trilateral power flow transaction from Nepal to Bangladesh
Manohar Lal Khattar, jointly inaugurated the first trilateral power flow transaction from Nepal to Bangladesh through a virtual event hosted by Nepal's Ministry of Energy, Water Resources, and Irrigation on Friday. Kahattar, along with Md Fouzul Kabir Khan, adviser of Bangladesh's Ministry of Power, Energy, and Mineral Resources, and Nepali Minister of Energy, Water Resources, and Irrigation Dipak Khadka, inaugurated the power flow transaction, which had been carried out through the Indian grid. According to a press statement, the power transaction from Nepal to Bangladesh, through the Indian grid, will export up to 40 MW of power.
15.11 / 09:17
markets FIVE Yellow Experts performer stars cricket IPL 2025 auction: From Rishabh Pant to R Ashwin; 10 players CSK may chase for their best playing XI
Chennai Super Kings (CSK), the joint-most successful IPL franchise, retained five players, including captain Ruturaj Gaikwad, before the mega auction. They also kept MS Dhoni as an uncapped player, due to a rule change that allows Indian players who haven't played internationally in the past five years to be considered uncapped. Other retained players are Matheesha Pathirana, Ravindra Jadeja, and Shivam Dube. CSK is now left with one Right-To-Match card, which it can use either on an uncapped or a capped player. ALSO READ: How many RTMs do teams have and what are the rules?
15.11 / 08:37
markets Digital security Sustainability awards Experts PAM India poised to lead global hydrogen production and exports: Hardeep Singh Puri
hydrogen energy production and exports says Union minister for petroleum and natural gas Hardeep Singh Puri. Speaking at the 6th South Asian Geoscience Conference and Exhibition, Puri said, «With projects like hydrogen blending in natural gas pipelines, localization of electrolyzer-based technologies, and the promotion of bio-pathways for green hydrogen production, India is set to become a global champion in hydrogen production and exports.» Puri added that India is on track to emerge as the hub for green hydrogen, considered as the fuel for the future.
15.11 / 08:37
Dreams BURST Instagram love show fun Videos Ambani girls’ day out: Nita Ambani helps Isha pick a gown at Manish Malhotra’s boutique store
Indian brides, wearing a Manish Malhotra label ethnic wear on their D-day is the ultimate dream. Now, recently, Ambani Scion stepped into the flagship store of the ace fashion designer at Jio World Plaza along with her mother. What has captured the attention of the internet is a sweet and fun moment of mother Nita Ambani along with her daughter, Isha. Isha Ambani posted a sweet video on Instagram where she and her mother can be seen checking out the gowns at Manish Malhotra’s boutique. The clip shows Isha in her lilac Giorgio Armani custom couture looking at lehenga, while the designer showed them to her. Meanwhile, Nita Ambani unleashed her fun and motherly side. She engaged in a conversation with Manish Malhotra about another dress. When their attention shifted to Isha Ambani, she burst into giggles. The young businesswoman maintained her infectious smile as her mother assisted her in choosing her dresses. The video ends with the duo walking around the shop holding hands. The in-text read, “The Ambani girls living every bride's dream at the Manish Malhotra flagship store in the Jio World Plaza.” Isha captioned the video, “She wants it she got It @manishmalhotra05.” The post prompted various comments from the netizens. One user admired the touching moment, saying it was lovely to see a mother fulfilling her daughter's shopping dreams. Another commented on how fun it looked, while a third called it a truly sweet video.
15.11 / 08:37
markets Digital awards Experts PAM Courts Delhi HC refuses to interfere with arbitral award in favour of Jindal Saw
Delhi High Court has refused to interfere with an arbitral award, which directed GAIL to pay over USD 7 million to Jindal Saw Ltd. On October 29, a bench of Justices Visbhu Bakhru and Sachin Datta dismissed GAIL's appeal against a single judge's decision upholding the award, saying that it was «unmerited». The dispute in the matter pertained to delayed delivery of pipes by SAW Pipes Ltd, now Jindal Saw Ltd, to Gas Authority of India Ltd (GAIL). The Arbitral Tribunal, passed in December 2002 and then amended in March 2003, had held that GAIL was responsible for the delay by not taking the delivery of the goods and therefore allowed the claims filed by SAW Pipes Ltd.
15.11 / 08:37
markets Digital Platform security testing cricket Sporting Before IPL auction, KL Rahul reveals T20 comeback aim and what he needs in new IPL team
KL Rahul is aiming to use the upcoming IPL as a platform to secure his return to the Indian T20I side. The 32-year-old Indian cricketer, who is keen to remain an all-format player, is also in contention to open the innings in the first Test against Australia of the upcoming Border-Gavaskar Trophy series in Perth if skipper Rohit Sharma opts to sit out. However, KL Rahul suffered an elbow injury during a practice match at the WACA ground on Friday, raising concerns about his availability for the first Test of Border Gavaskar Trophy against Australia starting November 22. Also Read: Virat Kohli undergoes scan, KL Rahul suffers blow
15.11 / 07:27
markets COST Provident economy Trade War Andy Mukherjee: India’s more immediate worry is tomatoes, not Trump
Subscribe to enjoy similar stories. Donald Trump is not India’s No. 1 problem.
15.11 / 07:19
markets Manufacturing awards Food Moodys reports Headlines India in a sweet spot: Moody's report highlights robust economic growth momentum amid inflation challenges
inflation, according to a recent report by Moody’s. The ratings agency projects India’s GDP to grow by 7.2% in 2024, followed by 6.6% in 2025 and 6.5% in 2026. In the second quarter of 2024, India’s real GDP expanded 6.7% year-over-year, fueled by a resurgence in household consumption, increased investment, and solid manufacturing activity. Indicators of economic health, including positive manufacturing and services PMIs, robust credit growth, and consumer optimism, point to continued growth in the third quarter. Household spending is expected to remain strong, buoyed by festive season purchases and rising rural demand as agriculture rebounds. Private investment is likely to be supported by increasing capacity utilization, strong business sentiment, and the government’s ongoing infrastructure investments, said the report.
15.11 / 06:33
markets UPS Citi Man wellness film voice The loss of sound in our noisy lives
Subscribe to enjoy similar stories. Afew months ago while watching the re-mastered version of Satyajit Ray’s Mahanagar (The Big City) in a movie theatre, I noticed something I’d always taken for granted. It was the sound of the city as captured by Ray.
15.11 / 06:07
markets Digital Experts PAM stars reports testing Virat Kohli undergoes scan, KL Rahul suffers blow ahead of Border Gavaskar Trophy against Australia
Border Gavaskar Trophy against Australia starting November 22. KL Rahul was struck on the elbow by a delivery from teammate Prasidh Krishna and was forced to retire hurt after scoring 29 runs. He subsequently underwent scans to assess the extent of the injury. “About Rahul…it’s just happened so will take some time to assess (his elbow),” BCCI sources told PTI.
15.11 / 06:07
markets Digital Ball Experts PAM performer cricket I'm back on field, stronger, and hungrier: Mohammed on his return to competitive cricket after 1 year
Mohammed Shami expressed his feelings after his brilliant performance on his return to competitive cricket since the 2023 50-over World Cup final against Australia, returned with figures of 0/34 in 10 overs. «Finally, the wait is over! After 360 days, I'm back on the field, stronger, and hungrier. 4 wickets for Bengal in the Ranji Trophy and this is just the start. Every delivery, and every wicket is dedicated to You, my incredible fans. Your love fuels my passion. Let's make this season unforgettable!» Shami wrote on X. https://www.instagram.com/reel/DCW1HisCwCR/?utm_source=ig_web_copy_link
15.11 / 06:07
markets Citi Platform security Mobile social innovations India mobility opportunity massive, underpenetrated; have barely scratched surface: Uber
Uber India and South Asia Prabhjeet Singh has said, terming it an «incredibly important market» that presents a multi-decadal opportunity for the ride-hailing platform. Singh told PTI that mobility opportunity in India is «massive» and «underpenetrated». The company believes it has «barely scratched the surface» despite the strong line-up of products and services and the robust growth. «There is so much more to be done even though we are growing leaps and bounds,» the top honcho of Uber India said. The mobility giant will continue to bring cutting-edge innovation to the market and also take India-first innovations to the rest of the world, he emphasised.
15.11 / 05:11
Waters Qualcomm Sony Videos Vivo Y300 5G price and specifications leaked ahead of November 21 India launch: All we know so far
₹24-25 thousand. Vivo Y300 5G is expected to come with a 6.7inch AMOED dispaly with 120Hz refresh rate and 1200 nits of peak brightness.
15.11 / 03:55
UPS Booking Ball Marvell Universities blues reports Speak for the Earth: A message from outer space
Subscribe to enjoy similar stories. In a world poised for the long reign of algorithms, there should be a premium on romantic notions. One of these is harboured by many of us without admitting it: That the more we gaze at our planet from the great far yonder, the fonder we’ll grow of it.
15.11 / 03:49
markets ETF wellness Trade Bitcoin travelers rights Laurence Balanco on 3 big trades for 2025 with shelf life of 8-12 months
Laurence Balanco, CLSA, says for him, the three big trades for 2025, which could have a shelf life of 8 to 12 months are Bitcoin, the fintech ETF where we can see a breakout trend and the travel tech ETF, which has also recently broken out. These are major breakouts from basing patterns that have developed over the past two-and-a-half years. How much more for the dollar before it peaks out? I understand that money is moving into dollars right now, but nothing lasts permanently. At 106, 110, 115, where will the dollar find its long-term peak? Laurence Balanco: Yes, it is an important level right now, 106 to 107. It has basically been the top end of the trading range that we have had since the late 2022 lows and if I look at the sentiment now for the dollar index, it is sitting at 83% bulls, that is towards the extended level where we have typically seen the upside momentum stall out at. So, this is a key resistance zone that has capped the upside over the past 18 months. We would look for some hesitation here at least.

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