India Financial News
05.11 / 15:59
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JSW Steel output falls marginally to 22.81 lakh tonne in October
JSW Steel has reported a marginal 1 per cent decline in its consolidated output to 22.81 lakh tonnes (LT) in October. It had produced 23.12 LT of crude steel in the same month last year, JSW Steel said in an exchange filing.
05.11 / 15:59
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country
India not a 'top priority' market for Enfield's first electric motorcycle, Flying Flea C6
Royal Enfield will not make India a 'top priority' market for its first electric motorcycle, Flying Flea C6, but is looking at leveraging the country’s manufacturing strength to export electric vehicles, said Siddhartha Lal, managing director of Eicher Motors, which makes motorcycles under the Royal Enfield brand.
05.11 / 15:59
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US election results: Exit-polls show Kamala Harris is leading. Can Donald Trump still become President?
US election 2024 polling commenced on Tuesday, the last day for Americans to cast their ballots to elect their next president: Vice-President Kamala Harris or former President Donald Trump.
05.11 / 15:59
05.11 / 15:59
05.11 / 15:07
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Wakefit gave legacy mattress players a back pain. But can it stay a disruptor?
Subscribe to enjoy similar stories. Bengaluru: On a quiet Sunday evening, at a small Wakefit showroom in Bengaluru’s bustling Ejipura neighbourhood, near Koramangala, 39-year-old Vinesh walked in to try out mattresses for his family of three. A tech professional, Vinesh sat down multiple times on a king-size ‘orthopaedic’ memory foam mattress in the store that also stocked bed frames, coffee tables, dining tables and three-seater sofas.
05.11 / 14:23
markets
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Airlines
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Air France and KLM to operate 50 flights per week to India during winter
Air France and KLM on Tuesday said they will operate up to 50 flights per week to and from India during the ongoing winter schedule from 39 services per week during summer. The 11 new flights have been added across Delhi, Mumbai and Bengaluru, Air France and KLM said in a statement.
05.11 / 14:23
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IIT Kanpur announces new admission entry for BTech and BS programmes via Olympiads other than JEE
IITs), starting academic year 2025-26 IIT Kanpur will also consider admitting students for its B-Tech and BS (bachelor science) programmes on the performance in international Olympiads. Currently any aspiring candidate must appear in two sets of exams- JEE Mains and JEE Advanced to get a seat at IIT Kanpur.
05.11 / 12:53
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IHCL acquires majority shareholding in operating company of Tree of Life
Indian Hotels Company (IHCL) announced the acquisition of a majority shareholding in the operating company of Tree of Life on Tuesday.
05.11 / 12:53
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Big industry needs to take plunge in space sector: ISRO chief Somanath
ISRO chairman S Somanath on Tuesday urged industry houses to invest in the space sector in a big way to build rockets and allied systems for India to emerge as a space power by 2047. Addressing the Indian Space Conclave here, Somanath voiced concern over the «elusive» investments in the upstream sector of the space industry comprising launch vehicles, hardware and software for ground-based stations, telemetry, tracking and command stations.
05.11 / 12:29
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Hockey India eyes ₹10-15 crore per year from sponsorships
Subscribe to enjoy similar stories. Hero MotoCorp Ltd and Coal India Ltd are emerging as contenders to be the title sponsor of the revived Hockey India League (HIL), with Hockey India setting its eyes on a sponsorship payout of at least ₹30-75 crore or ₹10-15 crore per year. The league in its 2.0 avatar is looking to ink deals for three-five years from various sponsorship deals, multiple sources familiar with the discussions told Mint.
05.11 / 11:51
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From fake stocks to deepfakes: Cybercriminals target elderly in rising Indian online scam wave
₹50 lakh after joining a fraudulent stock market scheme organised through a WhatsApp group. The case highlights the vulnerability of elderly citizens in the digital landscape, as they are increasingly targeted by cybercriminals with sophisticated tactics.The incident unfolded when the victim, intrigued by a WhatsApp group titled “Stock Discussion Group," joined to learn more about investment opportunities.
05.11 / 11:39
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Food
Experts
Government launches phase 2 of Bharat atta and rice to combat food inflation
food inflation. Pralhad V Joshi, minister for consumer affairs, food, public distribution, new and renewable energy, said that this phase-2 of retail sale of subsidized Bharat Atta and Bharat Rice is done to stabilize the high prices of rise and atta in the market and is a temporary market intervention. «The MSP (minimum support price) has also been hiked twice in a year,” he told newspersons. The phase-2 allocation for rice has been around 2,91,738 metric tonnes, and for atta has been 3,69,947 metric tonnes. The distribution in the first phase, between October 2023 to June 2024, was 15.20 lakh tonnes of wheat flour and 14.58 lakh tonnes of rice. The phase-1 rates were Rs 27.5 per kg for wheat flour and Rs 29 per kg for rice.
05.11 / 11:39
05.11 / 11:39
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Stock market update: Mining stocks up as market rises
KIOCL Ltd.(up 4.92%), Lexus Granito(India)Ltd.(up 4.66%), NMDC Ltd.(up 3.64%), Ashapura Minechem Ltd.(up 2.58%), MOIL Ltd.(up 2.33%), Madhav Marbles & Granites Ltd.(up 2.16%), The Orissa Minerals Development Company Ltd.(up 1.73%), Gujarat Mineral Development Corporation Ltd.(up 1.65%), Sandur Manganese & Iron Ores Ltd.(up 1.41%) and Pokarna Ltd.(up 0.97%) stood among the top gainers.
05.11 / 11:39
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economy
Golf
Features
International
6 Vistara co-branded credit cards: Last date till when card holders can use benefits, rewards after Air India-Vistara merger
Vistara will soon become a part of the Tata Group’s larger airline, Air India. Due to the ongoing merger of Vistara with Air India, reservations for all Vistara-operated flights scheduled for departure on or after November 12, 2024, will be made via the Air India website. On that date, Vistara's fleet will formally merge with Air India. Many individuals have bought Visatara co-branded credit cards to take advantage of the various benefits and rewards. So, what will happen to these cardholders? Read on to discover what the FAQ page regarding the Vistara-Air India merger has to say. Air India-Vistara merger: 8 important dates, deadlines Club Vistara accountholders should know
05.11 / 10:39
Digital
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Justice
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Online privacy: Is staying offline the only way to fully secure it?
Subscribe to enjoy similar stories. I remember an audience member once asked Justice B.N. Srikrishna a pointed question about privacy in the context of social media at one of the public consultations held in relation to his report on data protection.
05.11 / 10:39
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Malted beer ice cream and Lombardy cheese at a new restaurant in Bengaluru
Subscribe to enjoy similar stories. The culinary world has a new term—accessible luxury. It refers to an elevated dining experience enveloped in affordability.
05.11 / 09:49
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Are sector rotation funds the answer to risks of sector downturns?
Subscribe to enjoy similar stories. There are currently more than 180 sectoral or thematic mutual funds in India, up three times in ten years. Their contribution in this financial year to total net equity inflows has touched nearly 50%, up from about 16% in FY 2022.
05.11 / 09:49
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2020
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How this young mother became a bodybuilding champ
Subscribe to enjoy similar stories. Bodybuilding is not new in India, but women bodybuilders still manage to raise eyebrows and pique curiosity. A common question that’s lobbed at women bodybuilders is ‘why?’.
05.11 / 09:13
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FIVE
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Google
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NFO Tracker: Bajaj Finserv Mutual Fund launches consumption fund
Bajaj Finserv Mutual Fund has announced the launch of Bajaj Finserv Consumption Fund, an open ended equity scheme following the consumption theme. The new fund offer or NFO of the scheme will open for subscription on November 8 and will close on November 22. The scheme will reopen for continuous sale and repurchase within five business days of allotment date. The objective of the scheme is to generate long term capital appreciation by predominantly investing in equity and equity related securities of companies that are likely to benefit directly or indirectly from the domestic consumption led demand.
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