India Financial News

Amazon Diwali sale blockbuster deals during Great Indian Festival: Top decor items at 80% offThe all-new Amazon Echo (4th Gen) delivers rich, premium sound with clear highs, dynamic mids, and deep bass that automatically adjusts to any room. You can stream millions of songs from services like Amazon Prime Music, Spotify, and more in several languages. Alexa helps you control smart home devices like lights, ACs, and TVs using your voice.

JioHotstar domain name has taken yet another unexpected twist, reminiscent of the crime thrillers available on the platforms involved. The mysterious techie who previously sought ₹1 crore from Reliance Industries for the coveted domain has vanished from the narrative, leaving behind an intriguing message about a sibling duo from the UAE dedicated to helping underprivileged children.This development has sent the internet buzzing with speculation on what might have happened.Earlier this week, an unnamed app developer from Delhi revealed they had acquired the JioHotstar domain in 2023, just before the anticipated merger between JioCinema and Disney+ Hotstar.With the potential merger set to create a new streaming giant, the techie offered to sell the domain to Reliance Industries, the parent company of Jio, for ₹1 crore—the price of their dream course at Cambridge University.

Jammu and Kashmir Lieutenant Governor Manoj Sinha on Saturday said every drop of innocent blood spilled in the valley will be avenged and all capabilities will be used to dismantle the terror ecosystem. Addressing the passing out-cum-attestation parade of the Border Security Force (BSF) at the STC, Humhama here, Sinha said Pakistan has persisted with its unholy action of carrying out terror activities in Jammu and Kashmir. «Unfortunately, we have a neighbour who since the time of independence has continuously engaged in terrorist activities in Jammu and Kashmir. Despite the poverty and hunger afflicting its citizens, it persists with its unholy actions of supporting terrorism and trafficking narcotics,» he said. Referring to recent terror attacks in Ganderbal and Baramulla districts, the LG said the terrorists targeted «our brave soldiers, civilians, workers involved in infrastructure projects and some labourers who had come from other places».

Delhi Environment Minister Gopal Rai emphasised the urgent need to tackle air pollution across northern India, calling the next 15 days «crucial». Following a key meeting with the Central government on Friday, Rai held a press conference on Saturday. The meeting, attended by Union Ministers Shivraj Singh Chauhan and Bhupender Yadav, along with environment ministers from neighbouring states, aimed to assess and address the worsening air quality in the region. Rai expressed concern over the delay in this year's meeting and said, «Last year, a similar meeting was held in August, allowing us more time to strategise. »This year's meeting took place in the last week of October. Had it been conducted three months earlier, we could have tackled the pollution problem more effectively," Rai said.

Reliance Jio has announced a special price reduction for its 'JioBharat' 4G phones, lowering the price from Rs 999 to Rs 699 for a limited time. In this limited-period offer, JioBharat 4G phones now priced at Rs 999 will be available to all users for only Rs 699, said the Ambani-owned company in a press release. As per the company, when compared with the lowest feature phone plan available with other operators (Rs 199 / month), the JioBharat plan is almost 40% cheaper and provides Rs 76 savings every month.

Amazon Great Indian Festival Diwali deals on dining essentials: Over 70% off on stylish dinnerware, furniture, and moreNilkamal’s CNTBL2CG Contemporary Coffee Table is designed for both indoor and outdoor use. Its simple yet modern design makes it suitable for living rooms, offices, and even patios.

Solex Energy on Saturday said it has partnered with State Bank of India (SBI) to offer solar financing options for commercial, industrial, and institutional customers. As part of the partnership, SBI will offer solar financing through loans up to Rs 10 crore for solar projects under its Surya Shakti Solar Finance Scheme across India, Solex Energy said in a statement. «The collaboration aims to make solar energy accessible, affordable, and a driving force for India's renewable energy future. The partnership will accelerate the growth of solar energy and empower our clients and channel partners to adopt solar solutions and drive business expansion swiftly,» Solex Energy Chairman & Managing Director (CMD) Chetan Shah said. While Solex Energy will offer end-to-end support to customers — from site evaluation and design to obtaining regulatory approvals — SBI will provide a digital platform that ensures a hassle-free loan application process for financing solar projects.

India’s ambition to double its economy to $7 trillion by 2030 hinges on a broad strategy that includes reforms, infrastructure development, investment in human capital, a focus on innovation, and consistent investment in key growth sectors such as manufacturing, exports, and agriculture. Achieving this target requires collaboration between government, civil society, and the private sector. In this background, Public Affairs Forum of India ( PAFI ) 11th Annual Forum was convened last month in New Delhi with three specific aims: to define required policies, understand crucial partnerships, and identify immediate priorities. The sessions pointed to multiple learnings for advancing India’s ambition for sustainable and inclusive growth. Here are 11 key points that emerged at the Forum.

developed economy, said ISRO Chairman S. Somanathan, stressing the importance of technological advancements and product development to drive economic growth. He also praised tech mogul Elon Musk for his innovative work in the space sector, noting that Musk's achievements have inspired global efforts, including those within ISRO. Somanathan made these remarks while addressing students at the 13th convocation ceremony of the Indraprastha Institute of Information Technology (IIIT) in Delhi here on Saturday. «If India aspires to become the third, second, or even the first-largest global economy, a revolutionary change is needed. Growth will not be driven by trade and resources alone. We need to create value in technology that powers product development,» he said.

office space market in India is set to break records in 2024, with absorption projected to exceed 70 mn sq. ft., according to Savills India, a global real estate advisory firm. The demand reached 55.1 mn sq. ft. between January and September 2024, marking a 30% year-on-year (YoY) increase across six major cities. The Year-To-Date (YTD) leasing activity has set a new benchmark for the January-September period, aligning with 2022’s full-year performance. With only 7 mn sq. ft. remaining to surpass 2023’s total, 2024 is expected to achieve absorption levels in the range of 70-74 mnsq. ft.

headline inflation trajectory is expected to moderate from the last quarter of this financial year, while unexpected weather events and worsening of geopolitical conflicts pose a major challenge, Reserve Bank of India Governor Shaktikanta Das said in Washington DC. On inflation, the RBI Governor spoke about ensuring inflation reaches to the 4% level on a durable basis. Pertinent to note that last week, the governor said that a policy rate cut would be very risky at this juncture. 'Resilient growth has given us the space to focus on inflation so as to ensure its durable descent to the 4 per cent target," Das said at the Macro Week 2024 organised by the Peterson Institute for International Economics at Washington DC.

Yashasvi Jaiswal who showcased his capabilities against mighty New Zealand has sealed records despite India struggling to score against the Kiwis in the ongoing test series. The new entry to the team etched his name into the record books, continuing his incredible run of form in Test cricket. The 22-year-old left-hander, who made his India debut in July 2023, reached yet another milestone on Saturday by becoming only the third Indian cricketer to score over 1000 runs in home Tests in a single calendar year. He joins Indian legends Gundappa Vishwanath (1047) and Sunil Gavaskar (1013), both of whom accomplished the feat in 1979. This achievement comes just a day after Jaiswal became the first Indian to score 1000 Test runs in a calendar year before turning 23. His stellar performances have seen him accumulate more than 1300 runs in his short Test career, at an impressive average of nearly 60, which includes three centuries and eight fifties.

Manish Chokhani of Enam Group says he doesn’t think he can call the entire market a bubble. “Like I said, if the top 40 companies are not trading at excessively crazy valuations, it is certainly there in pockets like we discovered defence, railways, PSUs, in capital goods, lot of multinationals to an extent where every multinational owner of the business across the world has come and sold in India. In the last six months alone $15 billion has gone back to promoters and private equity investors.”

Palm oil prices have risen by 37% over the past month, impacting household budgets and increasing costs for restaurants, hotels, and sweet shops that use the oil for preparing snacks, TOI reported. Mustard oil, a commonly used oil in households, has seen a 29% price increase in the same period. This rise in oil prices comes as retail inflation reached a nine-month high of 5.5% in September, driven by high vegetable and food prices. This development has reduced the chances of the Reserve Bank of India cutting interest rates for now.

Boult x Mustang Torq Newly Launched Truly Wireless in Ear Earbuds with 50H Playtime, App Support, Quad Mic ENC, 45ms Low Latency, Breathing LEDs, 13mm Drivers, Made in India ear buds TWS Bluetooth 5.475% Off₹1,499₹5,999Buy Now The Boult x Mustang Torq is a newly launched pair of truly wireless in-ear earbuds that deliver a high-performance audio experience. With 50 hours of playtime, app support, quad mic ENC for crystal-clear calls, and ultra-low 45ms latency for gaming, these earbuds are designed for versatility. Featuring 13mm drivers for deep bass and clear sound, and breathing LED lights for added style, they are built to perform. With Bluetooth 5.4 connectivity, these Made in India earbuds offer seamless pairing and stable connections. Ideal for music lovers, gamers, and multitaskers, the Boult x Mustang Torq is a stylish and functional choice. Specifications: Playtime: 50 hours Mic: Quad mic ENC

India Vs New Zealand 2nd Test LIVE Score: Yashasvi Jaiswal and Shubman Gill are currently batting at the Maharashtra Cricket Association Stadium in Pune, aiming to chase down a target of 359. After scoring just 146 runs in the first innings, the Indian batters will be under considerable pressure.

In today's article, we shall be discussing exciting deals offered by the Amazon Great Indian Festival Sale on a wide range of men’s ethnic wear during the Diwali Fashion Store. From beautifully done kurta sets, and trendy footwear to accessories, this store is your one-stop shop for upcoming Diwali parties, poojas, and other gatherings.

City Champions Summit, hosted by Josh Talks, on Saturday, 16 innovative startups were celebrated for their groundbreaking work in transforming India’s urban landscapes. The Summit is supported by Omidyar Network India and was held at The Claridges, New Delhi. The event convened the leaders in urban development underscoring the future of sustainable, inclusive cities. This summit culminates a three-month accelerator program which was designed by Josh Talks in partnership with IIM Calcutta Innovation Park with the aim nurture 16 impact startups working across sectors such as climate action, transport, city planning, energy and more. These startups were handpicked through a rigorous evaluation process from over 350 applicants. The City Champions program began in April this year by inviting applications across 8 thematic sectors. The accelerator program kicked-off in late July and included exposure to 16 startups through virtual sessions with industry leaders, 1:1 mentorship from IIM-C experts, access to funders and potential business partners through physical boot camps held across Kolkata, Bengaluru and Delhi.

Dhanteras to be an auspicious day for buying silver and gold. This time, Dhanteras is on October 29, 2024, i.e. on Tuesday. If you are planning to buy gold or silver from your local jewellery store on Dhanteras, be prepared to stand in long queues for hours. One quick way to avoid all hassle is to shop online. If you are worried about buying high-value items online or the authenticity of a seller, stick to reputed stores like MMTC-PAMP, Tanishq, Malabar Gold & Diamonds. MMTC-PAMP is a joint venture between the Government of India-owned Metals and Minerals Trading Corporation of India (MMTC) and Switzerland-based gold refining company, Produits Artistiques Métaux Précieux (PAMP).

financial markets have delivered impressive returns, rewarding investors handsomely. Even portfolios that underperformed compared to benchmarks like the Sensex or Nifty likely still outpaced other asset classes. Indian stock markets posted strong gains, with Nifty 50 and Sensex delivering 11-12% annualized returns over 5 years and 15-16% over 3 years. Mid-cap and small-cap indices outperformed, offering 12-20% returns. Real estate showed moderate growth, with residential properties yielding 3-6% and commercial real estate 8-12%. Gold surged, providing 8-12% returns, while debt instruments and fixed deposits offered lower but stable returns of 4-7%. Equities clearly outperformed. But as we celebrate these gains, Diwali 2024 brings with it an important reminder: the need to re-evaluate and refresh our investment portfolios. No matter how successful the past has been, the spirit of Diwali encourages us to let go of the old, stale, and non-performing elements—making room for a fresh start.

Washington Sundar's masterclass with the ball during the second Test against New Zealand in Pune proved to be enough to rewrite records in the history books. On his return to Test cricket after more than three-and-a-half years ago, Sundar burst into the scene out of nowhere and left a lasting impression on the game. Despite the presence of mainstays Ravichandran Ashwin and Ravindra Jadeja, Sundar found a way to make the headlines all about himself.