India Financial News

Ammunition cartridges were found in the pocket of a seat on an Air India flight AI916 flying from Dubai to New Delhi after it landed at New Delhi airport, an Air India spokesperson said on Saturday. The flight landed at New Delhi Airport on October 27 and all the passengers were safely disembarked from the flight. Following this, a complaint was lodged with the Airport Police by Air India strictly adhering to the laid down security protocols.

Kapil Sharma has sparked the ire of renowned Bengali poet-lyricist Srijato. The poet has threatened to file a lawsuit against the producers of ‘The Great Indian Kapil Show’ for allegedly “denigrating” Rabindranath Tagore’s masterpiece, ‘Ekla Cholo Re’. Srijato claimed on social media that comedian Krushna Abhishek, who is part of Kapil Sharma’s team, mocked a revered song in a way that crossed acceptable limits. Speaking to TOI, Srijato expressed his disappointment, noting that he had no intention to hurt anyone but felt deeply affected as both a Bengali and a writer. In his statement, he demanded an apology and insisted that the controversial segment be re-edited within seven days, warning that he would pursue legal action if his requests weren’t met. «The episode, featuring guests Kajol and Kriti Sanon, included a segment where Krushna Abhishek made fun of Rabindranath Tagore’s song 'Ekla Cholo Re,' presumably because Kajol has Bengali roots,» Srijato explained. «This wasn't an off-the-cuff act; it was clearly scripted. I won’t go into detail about the incident, but Krushna’s gestures and comments toward the song were disrespectful and inappropriate.»

Kyriakos Mitsotakis today. Sharing the details of the conversation on the social media platform, X, PM Modi said that the two world leaders held a productive conversation and shared the commitment to strengthen the India-Greece Strategic Partnership. In the post, he said, «Together, we aim to deepen our collaboration across trade, defence, shipping and connectivity. Greece is a valued partner for India within the EU as well.»

Shah Rukh Khan, also known as ‘Bollywood Badshah,’ turned a year younger today. The actor is considered to be the last of the superstars in Bollywood—an icon who holds an inexplicable sway over the masses and classes alike and is also one of the wealthiest individuals in the world. Aside from commanding the box-office, the actor has also built an empire slowly yet steadily.

Ratan Tata, on October 9, 2024, marking the end of an era. As the chairman of the Tata Group for over two decades, Tata’s leadership left a lasting impact on the Indian business landscape, transforming the company, a conglomerate, into a global powerhouse and fostering a deep-seated commitment to philanthropy. His death has set in motion a series of transitions within the Tata Group and the Tata Trusts, which manage the majority of the company’s holdings and oversee its far-reaching philanthropic initiatives. This period of change was marked by the succession of his stepbrother, Noel Tata, and heartfelt provisions for his loved ones — human and canine alike.

Jaishankar and his Thai counterpart Maris Sangiampongsa discussed bilateral ties, multilateral cooperation and regional developments during a meeting in Delhi on Saturday. In a post on X, Jaishankar said Sangiampongsa's visit for the Royal Kathina ceremony «exemplifies the longstanding historical and cultural relations» between the two countries. The Thai minister is scheduled to depart India on Sunday.

Indian Railways that took effect on November 1, 2024. These updates change the way advance ticket bookings work. According to the updated guidelines, passengers can now book their train tickets 60 days before their journey, instead of the previous 120-day period. This change will not affect any tickets that were booked before this date. The new rule aims to help passengers deal with issues like train cancellations that often happen when tickets are booked far in advance.

GDP growth projections for FY25 depend on strong government investment and effective inflation control for India to reach over 7 per cent growth, according to Ernst & Young (EY) report. Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation. In September 2024, the Consumer Price Index (CPI) inflation was recorded at 5.5 per cent, pushing the average inflation for the second quarter of FY24 to 4.2 per cent, slightly above the RBI's expected target of 4.1 per cent.

P K Mishra has affirmed India's commitment to the Sendai Framework for disaster risk reduction and called for increased international collaboration on knowledge sharing, technology transfer and sustainable development to enhance disaster resilience globally. Mishra said this while participating in the G-20 Disaster Risk Reduction Working Group (DRRWG) ministerial meeting in Belem, Brazil, according to an official release. He led a high-level Indian delegation which took part in the meeting held from October 30 to November 1. With the active participation of the Indian delegation, a consensus was arrived at on finalising the first ministerial declaration on Disaster Risk Reduction (DRR), the release issued by the Union Ministry of Home Affairs said.

foreign portfolio investors (FPIs) in India offloaded a staggering Rs 1,13,858 crore through the exchanges in the month of October. However, they remained active buyers in the primary market for the month. As opposed to the huge sell-off in the secondary market, the FPIs invested Rs 19,842 crore in the said time period.

Indian Army has commenced full-scale patrolling in Demchok, eastern Ladakh, and will soon begin in Depsang Plains. This follows after initial patrols confirmed that the People's Liberation Army (PLA) of China dismantled its temporary structures and withdrew troops to pre-April 2020 positions. This action adheres to the October 21 agreement on "patrolling arrangements," concluding disengagement at two of the seven face-off sites that emerged from Chinese incursions in April-May 2020. Patrolling is done with prior notification to the PLA to avoid clashes. “Our patrols now have full unrestricted access to the five patrolling points (PPs) in Depsang and two in Demchok, which was earlier blocked by Chinese soldiers. The PLA, too, has begun its own patrols with prior information to us to prevent the possibility of any clash,” said a defence source in a TOI report.

Pakistan's Interior Minister Mohsin Naqvi has said that Sikh pilgrims from the US, UK and Canada will receive free online visas within 30 minutes upon arrival in the country to pay respect to their religious sites. Naqvi's remarks came as he met with a 44-member foreign delegation of Sikh pilgrims in Lahore on Thursday. The minister warmly welcomed the Sikh pilgrims to Pakistan. He acknowledged that the Sikh pilgrims faced difficulties while visiting Pakistan in the past, according to a statement by the Ministry of Interior. Naqvi announced that the government has made the visa process easier for Sikhs by making it online. He added that holders of American, Canadian, and UK passports can apply online and receive their visas within 30 minutes without any fees.

Rosie Naid Shikera, a 51-year-old woman from Brazil, has made a remarkable journey to India to be with Pawan Goyal, a 30-year-old man from Bhind, Chhattisgarh. Their love story illustrates how deep connections can flourish across cultures and distances. The couple first met during Rosie’s visit to Kutch, India, last year, where a friendship quickly transformed into a romantic relationship.

Swiggy gears up for its high-profile IPO next week, anticipation is high among its celebrity investors, who acquired stakes in the food delivery giant early on. These high-profile stakeholders could stand to benefit significantly from a successful market debut as Swiggy transitions from a private entity to a publicly traded company. A host of celebrities from entertainment and sports have bet on India's food and grocery delivery market, hoping that Swiggy would capture the lion's share of the market.

Lawrence Bishnoi gang has been arrested by Canadian police in relation to a shooting incident at the home of popular Punjabi singer AP Dhillon on Victoria Island, Canada. The individual has been identified as 25-year-old Abhijeet Kingra from Winnipeg, Manitoba. Authorities have issued an arrest warrant for a second suspect, 23-year-old Vikram Sharma, who is believed to have fled to India following the incident. Although Canadian police do not have a photo of Sharma, they provided a description: «Vikram Sharma is a South Asian man, standing 5'9» tall and weighing around 200 pounds (about 90 kg). He has black hair and brown eyes."

OpenAI is finally taking on Google and Microsoft Bing with the addition of search functionality in ChatGPT. The new search feature is powered by the GPT-4o model and is a more evolved version of the SearchGPT prototype unveiled by the company earlier this year.The ChatGPT search feature is triggered by default based on what the user is searching for.

Subscribe to enjoy similar stories. For those who started their fashion careers in the 1990s—a time when the industry was just starting to find its place—Rohit Bal was a guiding light. And this was borne out when almost every member of the fashion industry, from designers and stylists to photographers, models and fashion writers, had a special memory to share of working with him, soon after the Fashion Design Council of India (FDCI) announced the death of legendary designer on 1 November.

NSE) celebrated its legacy of innovation with the launch of a multi-language website and mobile apps, enhancing accessibility for investors across India. During the Muhurat Trading session, a tradition held on Diwali, NSE managing director Ashish Kumar Chauhan extended warm wishes for the new year, Vikram Samvat 2081, and highlighted NSE's commitment to providing accurate and reliable information to the trading community. Chauhan said, «Some people leave their decisions to trade and invest on software, just like driver-less cars. This and many more dangerous uses of AI are being made. With persistent use of AI, the line between truth and lies will become blurred.»

Executive search firm EMA Partners India is planning to launch an initial public offering (IPO) with a maximum offer of up to Rs 100 crore subject to approval.

petrochemical industry is charting a path towards becoming a global powerhouse, integral to the nation’s economic vision of a USD32 trillion economy. This ambitious journey hinges on a dynamic chemical sector, with manufacturing output projected to increase by an extraordinary 50 times, reaching USD6 trillion. This growth will be driven by strategic partnerships, investments in sustainable practices, and innovation across the chemical value chain.

Goods and services tax (GST) collections recovered from record lows in September to post a healthy 8.9% rise in October from a year earlier to Rs 1.87 lakh crore. Several auto companies such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra and JSW MG Motor India reported record sales last month.