India Financial News

web series on the life and times of one of the most notorious gangsters is underway. Noida-based producer Amit Jani has revealed plans for a new web series centered around the life of gangster Lawrence Bishnoi. In an interview with India Today, sources confirmed that the project will be titled 'Lawrence — A Gangster Story'. The series has received the green light from the Indian Motion Pictures Association and will be produced under Jani's home banner, Firefox Film Production. According to the source, Amit Jani plans to share more details, including the cast, after Diwali. A poster for the series is also expected to be released following the festival. Fire Fox Productions is currently involved in other projects, including 'A Tailor Murder Story', which is based on the murder of tailor Kanhaiya Lal Sahu in Udaipur, Rajasthan, and 'Karachi to Noida', a story inspired by the lives of Pakistani national Seema Haider and Indian resident Sachin. Lawrence Bishnoi, who is currently held at Sabarmati Central Jail in Punjab, gained notoriety for issuing death threats to Salman Khan in connection with the Blackbuck case. The gangster also claimed responsibility for the killing of politician Baba Siddique, a close friend of Khan, in Mumbai on Saturday, October 12.

Khalistani terrorists. After the Royal Canadian Mounted Police claimed a few days ago that the Lawrence Bishnoi gang active in Canada was linked to Indian government agents, India's Ministry of External Affairs pointed out the Canadian government had ignored India's request in the past to deport members of Bishnoi gang operating from Canada. Also Read: US charges ex-Indian intelligence official in foiled Sikh separatist Gurpatwant Singh Pannun murder plot

India is considering cuts to tariffs on imports of machinery needed to manufacture green hydrogen, as the nation pushes to become a major hub for the cleaner fuel. Prime Minister Narendra Modi’s government is discussing a plan to exempt some equipment from import levies and to reduce goods and services tax on the fuel, which is currently set at 12%, according to people familiar with the details, who requested anonymity to discuss private deliberations. The changes would cover both green hydrogen and green ammonia, though would only apply to production of fuel which is then exported rather than sold domestically, the people said. Green hydrogen is produced by using renewable energy to split the hydrogen and oxygen atoms in water.

Gurpatwant Singh Pannun, the Khalistani separatist and Indian-origin citizen of the US and Canada, is in the spotlight after US this week named Vikash Yadav, a former Indian intelligence officer once associated with the Research and Analysis Wing, or R&AW — as the central figure in a failed plot to kill him. According to a wanted poster by the Federal Bureau of Investigation (FBI), Vikas Yadav is the second Indian to be named in this controversy. The US Justice Department has charged Vikash Yadav with murder-for-hire and money laundering. According to reports, the plot allegedly began in May 2023, when Vikash Yadav then reportedly an employee of the Indian government, allegedly collaborating with individuals in India and overseas to execute the assassination of Gurpatwant Singh Pannun.

VVDN is in advanced stages of designing mobile phones with 5G support for an American brand, a top official told ET, adding that the company plans to invest $100 million in the next 3-5 years to expand capacity. VVDN is aiming to take advantage of the shift of global companies away from China and be the first Indian manufacturer to have design capabilities in-house, without support from a technology partner. “We are investing in designing phones. We have already taken that initiative, and we are building a 5G phone as we speak for the North American market. We already have a customer, and the designs are in advanced stages,” Vivek Bansal, president, VVDN, told ET.

Wipro GE Healthcare to procure medical technology and services of upto Rs 700 crore. The MoU will cover new products, replacements, and services for all 12 KIMS hospitals and 4 upcoming hospitals over the next 3 years. The MoU covers a full suite of medical technology products designed, developed and manufactured by Wipro GE Healthcare including PET CTs, SPEC CTs, Cath labs, MRIs, CT Scanners, ultrasounds, and critical care equipment, among others.

Max Life Insurance’s India Retirement Index Study (IRIS) 4.0. Conducted in partnership with Kantar, the study shows a slight improvement in retirement preparedness, with the index rising from 47 to 49 points. Despite this, financial uncertainty continues to affect a large segment of the population. The study also shows that 31% of respondents are unsure about how much they will need to maintain their lifestyle post-retirement. This lack of clarity is a significant risk, especially as life expectancy increases.

Subscribe to enjoy similar stories. Daron Acemoglu, Simon Johnson and James Robinson (AJR) were recently awarded the Nobel Prize in Economics for their work on the role institutions play in driving a nation’s prosperity. In a podcast interview I hosted with Acemoglu (full episode available at https://shorturl.at/R8s0u), I asked Acemoglu to apply his ‘institutions’ framework and current thinking to technology in the Indian context.

Subscribe to enjoy similar stories. Warren Buffett's warning about 'a pin waiting for every bubble' seems prophetic as the Indian stock market faces a much-needed correction. Despite the slew of reasons offered by mainstream media, such as Iran-Israel conflict, China stimulus, regulatory changes, the underlying reality is that Indian markets have been overvalued for some time now.

Subscribe to enjoy similar stories. MUMBAI : Domestic institutional investors (DIIs) are major players in India's stock market. These entities, such as mutual funds, insurance companies, pension funds, and banks, manage funds on behalf of individual investors and institutions.

"Geopolitical events do not seem to be causing any impact on the world economy. In fact, there is potential for some deceleration in geopolitical problems over the next 12 months," says Mark Matthews, Julius Baer. The disconcerting factor we were discussing is when it comes to the quarterly earnings back home, is there some sort of a sense of a slowdown that could be prolonged due to macro concerns in India? Mark Matthews: I do not know if it is macro concerns, but you are absolutely right. I think the major issue facing India now is the deceleration in earnings growth. And the Nifty will still clock around 10% earnings growth this year, but the most recent quarter, it is looking very flattish.

Supriya Chatterjee to Managing Director, North India. In her new mandate, Supriya will lead the firm’s Delhi-NCR office, driving growth and enhancing client relationships throughout the northern region, including Jaipur. She will focus on capitalizing on emerging market opportunities in one of India’s largest and most dynamic real estate markets. She has been leading Cushman & Wakefield’s office brokerage business for North India.

Nothing illustrates that challenge better than the 47 trillion rupee ($559 billion) corporate bond market. It’s one of the world’s smallest as a percentage of gross domestic product, at just 16%, even after record growth. Bankers in Mumbai say doubling that ratio would better help finance ambitious goals, like becoming a $5 trillion economy in the next three years. One of the major impediments is a longstanding rule from authorities that makes it hard for long-term investors like insurers and pension funds to go big on infrastructure. The regulation bars them from investing in notes rated below AA, which in India are deemed risky because they’re hard to offload in a smaller market during times of stress.

National Securities Depository Limited (NSDL), one of the largest securities depositories globally, announced on Friday, October 18, that it has reached a significant milestone of Rs 500 lakh crore (US $6 trillion) in assets held in custody. This achievement marks a rapid increase in NSDL’s asset base. It took 18 years to reach Rs 100 lakh crore in June 2014, six years to cross Rs 200 lakh crore in November 2020, and just four more years to hit the Rs 500 lakh crore mark in September 2024.

Rachin Ravindra scored 134 runs as New Zealand posted 402 in their first innings, leading India by 356 runs on the third day of the opening Test. New Zealand's strong total came after India was bowled out for just 46 in their first innings. Ravindra faced 157 balls, hitting 13 fours and four sixes. Tim Southee contributed 65 runs, forming a crucial partnership of 137 runs for the eighth wicket with Ravindra. For India, Ravindra Jadeja took three wickets for 72 runs, while Kuldeep Yadav also picked up three wickets, conceding 99 runs. Mohammed Siraj contributed with two wickets for 84 runs. Brief scores:

Reasons to buyReasons to avoidAlso read: Amazon Special Weekend Deals: Huge savings! Up to 80% off on trolley bags, duffle bags and more; Great Indian FestivalThe Kamiliant by American Tourister Harrier Spinner suitcase is a durable and practical option for travelers. The hard-sided polypropylene construction provides protection for your belongings, while the spinner wheels offer smooth and effortless maneuverability.

Subscribe to enjoy similar stories. “TO GET RICH is glorious" is the maxim that inspired one of the most successful development strategies of the past 50 years. It’s an aspiration widely shared across developing countries—and for good reason.

Amazon Great Indian Festival deals on best kitchen appliances like air fryers, OTGs, and more: More than 65% offPhilips Smart Air Purifier AC1711 is designed to purify rooms up to 36 m², perfect for bedrooms or small living spaces. The HEPA filter removes 99.97% of pollen, dust, and smoke, making it an excellent option for those with allergies. Its ultra-quiet operation ensures you can enjoy cleaner air without disturbing your sleep, while low energy consumption keeps it cost-effective.

Subscribe to enjoy similar stories. When fashion writer Meher Castelino first met designer Rohit Bal in 1989, one of the questions she asked was, “Are you an Indian?" They were meeting on a day that marked many firsts: A young multi-designer store Ensemble was hosting its first fashion show in Mumbai, and Bal, then in his 20s, was presenting a debut collection, featuring light-coloured, ready-to-wear men’s kurtas.

Rajnath Singh on Friday said the private sector must play a leading role in defence sector, citing its ability to drive innovation and adapt to rapid changes. Speaking at the DRDO Industry Workshop on defence technology acceleration in Delhi, Singh said, «Technology's impact on the defence sector is not limited to conventional warfare; it has given birth to unconventional warfare, including drones, cyber warfare, bio-weapons, and space defence. These elements pose challenges to the defence sector.» «I think the time has come for the private sector to take the lead in defence sector participation. I say this because the private industry has the capability not only to absorb rapid changes but also to create new innovations,» he added.

Havells India Ltd. traded 1.2 per cent higher in Friday's session at 01:14PM (IST). The stock opened at Rs 1806.0 and has touched an intraday high and low of Rs 1856.0 and Rs 1762.9, respectively, during the session so far. The stock quoted a 52-week high of Rs 2104.95 and a 52-week low of 1233.1. About 64,472 shares changed hands on the counter so far.