India Financial News

Subscribe to enjoy similar stories. Mumbai: A combination of regulatory tightening and nervousness due to the recent pullback in equities has dragged down turnover in the cash market and the number of trades on NSE to a six-month low, per market veterans. The average daily turnover on NSE, which commands a 94% market share, declined almost 12% sequentially to ₹1.07 trillion in the month through 28 October from the previous month.

Get a new laptop under ₹40,000 during the Amazon saleAlso read: Diwali deals on laptops under ₹50000 with Amazon Great Indian Festival: Over 75% off on HP, Lenovo, and moreLaptops priced between ₹40,000-60,000 during the ongoing Amazon’s sale offer excellent value for users seeking a balance of performance and affordability. These models are great for multitasking, casual gaming, and work-from-home needs, typically featuring improved processors, more RAM, and better display quality.

In today’s article, we shall be discussing about best deals offered by the Amazon Great Indian Festival Sale on a wide range of mixer grinders. A mixer grinder is a brilliant kitchen appliance that comes in handy every single day while cooking. Whether you are preparing a dip, smoothie, baby food or batter, these mixer grinders always make your task their their sharp and robust blades and heavy-duty motor.

As the government considers imposing additional duties to curb the influx of cheaper steel imports, which are impacting domestic producers, the Engineering Export Promotion Council of India (EEPC India) as well as steel producer Jindal Steel have voiced their concerns about the potential effects of these protectionist measures. EEPC India, the organisation advocating for engineering goods exporters, is against limiting steel imports from cost-effective markets. According to the council, curbing steel imports from China will severely impact the engineering goods sector, especially MSMEs, which depend on competitively priced steel to sustain operations. “It is imperative to keep domestic steel prices competitive. The price differential between Chinese steel and Indian-produced steel is significant. This price advantage enables downstream industries, especially MSMEs, to remain competitive in domestic and global markets,” says Arun Kumar Garodia, Chairman of EEPC India.

Deepti Sharma has been rewarded for her excellent recent form as she moved up two places to reach career-high second spot in the latest ICC women's ODI rankings for bowlers on Tuesday. On the back of some strong performances in the recent ICC Women's T20 World Cup in the UAE, Deepti has been one of India's best players through the opening two matches of her side's ongoing white-ball series against New Zealand at home. Deepti has three wickets from two matches against the White Ferns at a miserly economy rate of 3.42. It has seen Deepti gain two places to move to second on the table, and the senior India spinner has closed in on England tweaker and No.1 ranked ODI bowler Sophie Ecclestone.

Finova Capital has secured $135 million (about Rs 1,135 crore) in a fresh funding round led by Avataar Venture Partners, Sofina and Madison India Capital, with existing investor Norwest Venture Partners also participating, the Jaipur-based company said on Tuesday. The new investors join existing shareholders Peak XV Partners, Faering Capital and Maj Invest. The round provided partial exit to some of the early investors, the company said. The transaction marks business-to-business focused growth-stage fund Avataar Venture Partners’ first investment in the financial services sector in India.

Ranveer Allahabadia has shared a podcast with Indian Space Research Organisation (ISRO) Chairman S Somanath, where he talked about the possibility of extraterrestrial civilizations, proposing that alien life likely exists in diverse stages of advancement across the universe. In the conversation, ISRO chief said that aliens are definitely there and present around us. His comments add a significant voice to the ongoing debate surrounding extraterrestrial life, urging a broader view of human civilization’s place in the cosmos. Rapid technological advances could mean advanced alien life exists In an interview on a podcast with Ranveer Allahbadia, the ISRO chief highlighted humanity’s recent technological strides, noting that, a century ago, our technological capabilities were extremely limited. This comparison served as the basis for his argument that civilizations across the universe could vary significantly in their developmental stages.

Bharti Airtel’s revenue growth was higher than larger rival Reliance Jio’s which lost 11 million subscribers, analysts said, indicating a higher resilience from the nation’s second largest telecom operator. In addition, brokerage Citi Research said it does not expect the change in leadership in Airtel which was announced Monday to be very disruptive. “This should be further supported by Bharti’s strong established credentials and our view that the peak of competitive intensity is behind us”. Market analysts said that Airtel’s user loss was mainly amongst low-ARPU (average revenue per user) subscribers, which combined with 0.8 million net additions in the postpaid user base, showed the Sunil Mittal-led operator’s success in premiumising its subscriber mix.

biogas sector is rapidly emerging as a key player in the global renewable energy landscape as energy demands rise in emerging economies such as India. The urgent need to address climate change, enhance energy security and promote sustainable development also makes biogas an attractive option. Modern biogas technology significantly uplifts rural communities by creating economic opportunities and enhancing self-sufficiency, says Piyush Sohani, Country Director-India, Sistema.bio, in an interaction with ET Digital. The implementation of biogas projects generates jobs and allows farmers to sell excess biofertiliser, diversifying their income streams, he adds. Edited excerpts: The Economic Times (ET): What is the current standing of the biogas sector in the global renewable energy market. What are its projections, especially in emerging economies like India? Piyush Sohani (PS): The biogas sector is rapidly emerging as a key player in the global renewable energy landscape, projected to grow at a compound annual growth rate (CAGR) of approximately 5.2% from 2020 to 2030. This trajectory could elevate the market size to around $86.7 billion by 2030.

Cashfree Payments on Tuesday said it has received the Prepaid Payment Instrument (PPI) licence from the Reserve Bank of India (RBI). With the PPI licence, the Bengaluru-based payment aggregator can offer digital payment solutions such as mobile wallets, prepaid cards and vouchers, which customers can load with funds and use for transactions. “The PPI licence opens up a new field of opportunity for innovation in the payments landscape. Our focus has always been to provide secure, flexible and efficient payment experiences to Indian businesses as well as their customers. The PPI licence will help us build offerings that let internet businesses retain and grow their user base,” said Akash Sinha, CEO and cofounder, Cashfree Payments.

Uttarakhand High Court has issued a contempt notice to Dr Vivek Joshi, Secretary Department of Personnel and Training (DoPT) for allegedly defying its order over the empanelment of an Indian Forest Service (IFS) officer with the Centre. Justice Alok Kumar Verma issued the notice to the DoPT on October 23 on a plea filed by IFS officer Sanjiv Chaturvedi who alleged a wilful defiance of the court's order on his empanelment. A division bench of the high court had directed the Central government in September to provide Chaturvedi with his empanelment documents as a joint secretary (JS). He had moved the high court after the Central government passed an order saying the «appointment committee of cabinet had not approved» his empanelment for «holding the post of JS or equivalent at the Centre».

Brunei Sultan Hassanal Bolkiah hosted Prime Minister Narendra Modi in the world's largest residential palace during the latter's bilateral visit to the country. PM Modi became the first Indian Prime Minister to travel to the Southeast Asian nation on a bilateral visit. The two-day visit aimed to strengthen India's ties with Brunei and commemorated 40 years of diplomatic relations between the two countries. The two leaders took stock of bilateral relations including in areas of defence, trade & investment, energy, space technology, health and pharmaceuticals, capacity building, culture and people-to-people ties. They also exchanged views on regional and global issues of mutual interest. ALSO READ: World's richest monarch is wealthier than King Charles. Check his net worth, source of income

Subscribe to enjoy similar stories. The world needs an effective International Monetary Fund (IMF). Countries have become hugely indebted after the covid pandemic, and the risk of new shocks grows as the world warms and new pathogens emerge.

Krafton India, the local unit of the South Korean maker of Battlegrounds Mobile India, has become the anchor investor in IMM Investment’s maiden India fund. The IMM India Fund is an extension of IMM Investment, a multi-asset South Korean fund managing $7 billion in assets. It will focus on backing startups across sectors such as consumer technology, software-as-a-service (SaaS), fintech, gaming, media and deep tech. The fund will primarily target growth-stage companies with strong potential for an initial public offering, leveraging South Korean expertise and capital, said a company statement.

Rozgar Mela' after distributing appointment letters for government jobs to over 51,000 people, he spoke of his government's efforts to boost the presence of new technologies and modern sectors such as space and semiconductors so that new employment opportunities are created. In his video address, Modi said earlier governments lacked in policy and intention, leading to India falling behind the world in rising sectors, including in modern technologies. Old and outdated technologies used to be brought to the country, he added. «A mindset existed that believed that modern technologies cannot develop in our country. This mindset did us a lot of harm,» he said, stressing that if industries which generated employment in the modern world did not exist in the country then creating new employment opportunities would be difficult.

Subscribe to enjoy similar stories. Movie theatres across the country are betting on the upcoming Diwali weekend to bolster business after a long dry spell at the box office since the release of horror comedy Stree 2 in August.

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Venue : Narendra Modi Stadium, Ahmedabad India Women squad - Dayalan Hemalatha, Harmanpreet Kaur, Jemimah Rodrigues, Shafali Verma, Smriti Mandhana, Tejal Hasabnis, Deepti Sharma, Sayali Satghare, Uma Chetry, Yastika Bhatia, Arundhati Reddy, Priya Mishra, Radha Yadav, Renuka Singh Thakur, Saima Thakor, Shreyanka Patil New Zealand Women squad - Georgia Plimmer, Lauren Down, Maddy Green, Suzie Bates, Brooke Halliday, Sophie Devine, Izzy Gaze, Polly Inglis, Eden Carson, Fran Jonas, Hannah Rowe, Jess Kerr, Lea Tahuhu, Molly Penfold India Women vs New Zealand Women Match Details 3rd ODI of New Zealand Women tour of India, 2024 between India Women and New Zealand Women to be held at Narendra Modi Stadium, Ahmedabad at 01:30 PM.

Subscribe to enjoy similar stories. Aggregate technical and commercial (AT&C) losses pose India’s electricity distribution sector a persistent challenge. These losses are often identified as one of the critical factors contributing to the financial distress of distribution companies (discoms).

Subscribe to enjoy similar stories. Urban India’s perception of healthy eating may not align with established nutritional guidelines, the latest YouGov-Mint-CPR Millennial Survey suggests. Nearly seven in 10 respondents claimed they had improved their diets in the past year.

Dhanteras, which is considered as an auspicious day for buying gold, is being celebrated in India today. But after a 30% rally in yellow metal since the last Dhanteras, is investing at current levels a right choice and what options do investors have? Gold has had a phenomenal run since the last Dhanteras which was celebrated on November 10, 2023. Notwithstanding this it can still earn returns of 10-12% till the next one.