India Financial News

«Nifty has now edged closer to its previous swing low i.e. around 23800, with banking heavyweights leading the decline and dampening hopes of a recovery once again. Current signals suggest a potential test of the long-term moving average at the 200 DEMA level, around 23,540. Participants should adjust their positions accordingly and prioritize selective stock picking,» said Ajit Mishra – SVP, Research, Religare Broking.

fixed deposits should stick to large-cap funds as these schemes invest in companies with long track records and strong managements, which works well in the long term. WHAT IS A LARGE-CAP MUTUAL FUND? As per regulatory guidelines, a largecap company is a listed company ranked from 1st to 100th on the Indian stock exchanges in terms of market capitalisation. Hence for a fund house, a large-cap scheme needs to invest at least 80% of its corpus in large-cap companies, with the flexibility to invest the remaining 20% in other companies as per the discretion of the fund manager.

Peel Regional Police issued a statement on Tuesday clarifying that they have not received any direct threats against places of worship in the Region of Peel, amid rising tensions and concerns across the country. The police department's reassurance comes amid heightened tensions, prompting an increased police presence around places of worship. «Peel Regional Police is aware of community concerns, particularly at places of worship, regarding demonstrations and perceived threats. Peel Regional Police wish to clarify that we have not received any direct threats against any place of worship in the Region of Peel,» the Peel Regional Police said in their statment.

Subscribe to enjoy similar stories. Five years ago, Estonia’s ministry of justice assigned chief data officer Ott Velsberg to develop an artificial intelligence (AI)-powered “robot judge" to address a backlog of small claims while ensuring that human judges could review and revise the AI judge's decisions. Complex cases in Estonia, though, continue to be tackled by human lawyers and judges.

Subscribe to enjoy similar stories. In India’s vast corporate landscape, several business groups have made their mark, yet few stand as tall as the Tata Group. Known for its strong long-term performance and exceptional corporate governance, the Tatas enjoy a level of trust few others can claim.

Subscribe to enjoy similar stories. Washington Sundar was preferred over Kuldeep Yadav in the test match India recently played against New Zealand at Pune. The social media erupted: Who is the better spinner? Why is India playing Washington ahead of Kuldeep? Are they so worried about their batting already? (Washington is a much better batter than Kuldeep and India had been bowled out for 46 in an innings in the test match before this match.) Even the legendary Sunil Gavaskar was critical of this decision while commentating on the test match.

Subscribe to enjoy similar stories. Bengaluru: Anup Jain and Rajeev Suri, former managing partners of Orios Venture Partners, have launched a $75 million fund to back a mix of early and late-stage startups in fintech, climate & sustainability and consumer-driven B2C startups under their new investment vehicle – BlueGreen Ventures. “The fund size can increase up to $100 million including the green shoe option," Jain said in an interview with Mint.

Subscribe to enjoy similar stories. MUMBAI : Investing can sometimes feel overwhelming, with so many options available. One strategy that often stands out is focusing on monopoly businesses.

Subscribe to enjoy similar stories. Mumbai: UK-based Standard Chartered Bank is looking to up its wealth management play in India, hiring more relationship managers and giving a facelift to several branches in a market that has recently attracted strong interest from both global and domestic money managers. “India is a huge opportunity for the wealth business and in the next decade, the amount of wealth that will get created in India will possibly be the highest in any of our footprints," Samir Subberwal, global head of wealth solutions, deposits and mortgages, and chief client officer, Standard Chartered Bank, said in an interview on Tuesday.

In this article, we have conducted in-depth research to bring you the best-selling water purifiers. These options are not only affordable but also highly effective, offering excellent value for money. We are confident that our findings will help you choose the right water purifier for your needs, ensuring that your family enjoys safe and healthy drinking water.

Indian Railways has utilised 61% of its budgeted allocation — till October-end — through a ₹1.63 lakh crore capital expenditure (capex) for the current fiscal. According to officials aware of the development, earnings of the national transporter were at an upswing with ₹1.02 lakh crore earnings from freight and ₹46,374.5 crore from passengers during the months under review. «Total revenue stood 6.1% higher at ₹1.49 lakh crore this fiscal,» a senior official told ET. For the full fiscal, the Railways has earmarked ₹2.65 lakh crore as capex. It also expects to rake in ₹80,000 crore from passengers, and ₹1.80 lakh crore as freight revenue.

Britannia Industries executive vice-chairman and managing director Varun Berry said metropolitan cities dragged the overall fast-moving consumer goods (FMCG) market in the previous quarter amid surging housing costs and lower wage growth. Consumers in metro cities contribute about a third to the urban market for the FMCG sector, but they accounted for 2.4 times to the slowdown, said India's biggest biscuit maker by value.

The order comes after a meeting the Food Safety and Standards Authority of India (FSSAI) had with representatives of online food delivery companies, in which they were told to ensure that products being delivered reach consumers with a minimum shelf life of 30% or 45 days before expiry, depending on the food item and format used in the labelling to inform about expiry date. Last month, the consumer affairs ministry had taken note of the matter after receiving several complaints through the national consumer helpline about quick commerce companies not following norms on disclosures such as displaying expiry dates of packaged food items, as mandated by the Legal Metrology Act. ET had reported this first on October 10.

Reliance Retail is temporarily shutting down stores in its department chain Centro to reposition the format with mostly its own brands and labels it has launched in India as a licensee partner. In September 2022, the retail division of Reliance Industries had converted Future Group's Central into Centro in locations where it had taken over the lease after the Future Group surrendered the property to it. Reliance Retail has shut three stores and will shut another two dozen doors by the end of the month, according to executives of companies which have been asked by the country's biggest retailer to take back their inventory and fixtures citing renovation and repositioning of the format.

Pakistan Cricket Board (PCB) said Tuesday it has asked the sport's governing body to explain India's refusal to send a team to Pakistan for the Champions Trophy next year. The International Cricket Council informed the PCB last week that India would not tour Pakistan for the eight-team tournament, leaving the fate of the event hanging in the balance. Pakistan had previously rejected the option of a hybrid arrangement that would allow India to play their matches at neutral venues, for example in the United Arab Emirates.

Mike Waltz, named National Security Advisor by President-elect Donald Trump, has recently said that this partnership which will «determine whether this is a century of light or a century of darkness». Waltz, who is the Co-Chair of the Congressional India Caucus, had made these remarks at an event hosted by US India Strategic and Partnership Forum (USISPF) at Stanford University for the INDUSUSX Summit in September. «The bottom line is, in my view, this (US-India) is the most important relationship of the 21st century. This will determine whether this is a century of light or a century of darkness,» he said. In his video message to the summit, which he could not attend due to his engagements in the election, Waltz encouraged further collaboration to maintain a free and open Indo-Pacific and protect India's sovereignty, particularly along the Line of Control (LoC).

Enforcement Directorate (ED) on Tuesday launched raids across 17 locations in poll-bound Jharkhand and West Bengal as part of its money laundering probe into alleged illegal infiltration of Bangladeshi nationals. The federal agency had, in September, registered a case, under relevant provisions of Prevention of Money Laundering Act (PMLA) to probe alleged illicit funds generated through infiltration of the trafficking of Bangladeshi nationals, including women, into Jharkhand. The ED's (ECIR), Enforcement case information report, equivalent to an FIR, is based on an earlier FIR registered by the Jharkhand Police in June.

dermatology, even as sales volume dipped year-on-year, data from market research firm Pharmarack showed. «Majority of the therapies are showing a positive growth, though unit growth continues to be a challenge for the current month (November),» said Sheetal Sapale, vice president-commercial, Pharmarack. The growth is driven price and new introductions while most therapies have seen a drop in volumes, she said.

EV charging facility as oil companies quadrupled the number of pumps with chargers in two years despite installation and consumer demand challenges. EV charging facilities are available at about 17,900 pumps, with state-run oil companies accounting for 95% of these, according to the oil ministry data. Two years ago, only 4,100 pumps offered EV charging. Indian Oil Corp is the leader with EV facilities available at 10,057 pumps. Hindustan Petroleum operates 3,705 pumps with chargers and Bharat Petroleum 3,146.

Flipkart, Amazon, Swiggy and Zomato, and has reportedly found them to have violated competition law. Reactions to CCI's preliminary probe reports are premature. It's crucial to understand that CCI's investigation reports are only preliminary findings, based on an investigation conducted by DG. These reports are not CCI's final decision, nor binding on anyone. DG's investigation is one step in a lengthy quasi-judicial process that will culminate in a final decision by CCI. One needs to contextualise DG's investigation within CCI's overall decision-making process.

With their lightweight, chip-resistant, and microwave-safe properties, these sets cater to modern lifestyles while maintaining a sophisticated appeal. In this article, we review the best La Opala 35-piece dinner sets, exploring their features, designs, and why they’re a great addition to any dining table for families and guests alike.