India Financial News

Kunbi sub-castes in OBC list and renaming of Pune airport. Maharashtra legislative assembly elections will be held in 288 constituencies. The Election Commission of India has yet to announce the dates for the election. The upcoming Maharashtra election will see a contest between the Maha Vikas Aghadi coalition, comprising the UBT Shiv Sena, NCP (Sharad Pawar faction), and Congress, and the Maha Yuti Alliance, which includes the BJP, Shiv Sena (Eknath Shinde faction), and NCP (Ajit Pawar faction).

Subscribe to enjoy similar stories. MUMBAI : Even as furniture startups such as Reliance Retail Ltd-backed Urban Ladder and Pepperfry Ltd are witnessing a sales plateau, investors are gung-ho about a small-ticket niche in the segment. Over the last few months, they have backed about half a dozen home decor startups selling kitchenware, bathware, living room accessories, etc.

Subscribe to enjoy similar stories. The date 10 September 2024 marked a watershed moment for the Indian merger-control regime. Notified by the ministry of corporate affairs and the Competition Commission of India (CCI), the amendments represent a major overhaul.

Subscribe to enjoy similar stories. With its diverse landscape and easy connectivity, Sri Lanka is the perfect holiday destination for Indian passport holders, who also benefit from a free visa on arrival. Among the island nation’s key highlights is Galle, a picturesque city on the southern coast known for its rich blend of art and culture.

Check out the best deals on laptops below:You must explore fantastic early deals on washing machines during the Amazon Great Indian Festival sale, with discounts of up to 48%! Whether you're looking for a top load or front load model, there's a wide selection to choose from. Enjoy advanced features like energy efficiency, multiple wash programs, and smart technology for a hassle-free laundry experience.

Amazon Great Indian Festival 2024 to kick off on September 27: Deals on smartphones, wearables, and moreThe MSI Modern 15 is a sleek, lightweight laptop, perfect for everyday use. It features the 13th Gen Intel Core i5-1335U processor with speeds up to 4.6 GHz, ensuring smooth performance. With 16GB DDR4 RAM and a 512GB NVMe SSD, this laptop offers fast multitasking and storage capabilities.

Shares of Bank of Baroda(up 3.83 per cent), Punjab National Bank(up 2.86 per cent), State Bank of India(up 2.58 per cent), IDFC First Bank Ltd.(up 1.64 per cent) and Kotak Mahindra Bank Ltd.(up 1.59 per cent) ended the day as top gainers in the pack.

Anura Kumara Dissanayake as the country's new president, giving the Marxist-leaning politician a key role in deciding the future of reforms in the debt-ridden nation that is slowly emerging from a crushing financial crisis. Below are the key challenges for Dissanayake, who was sworn-in as the Indian Ocean country's head of state on Monday: ECONOMY AND GROWTH

Coldplay touring India has left fans excited and frustrated. While fans of the rock icons are beside themselves with joy as they will be performing in India after a gap of nine years, many Coldplay enthusiasts have been left bereft as concert tickets have been selling out like hotcakes. Among the mad rush to grab tickets, one YouTuber has invited the ire of the fandom. A YouTuber named Lakshay Chaudhary left Coldplay fans furious as he announced that he has four prime tickets for the concert, which he has no intention of selling. He also added that he won’t be attending the concert. “IDGAF about Coldplay concert. I am neither their fan nor do I want to attend the event, he wrote after sharing a screenshot of the tickets on his Instagram Story. “Still managed to get four tickets. Life is unfair, bro. Na tickets dunga, na jaunga [Neither I will give tickets, nor I will go]. “Lage raho queue mein [Keep waiting in the queue],” he further added.

shares of Sodhani Academy of Fintech Enablers Limited debuted on the BSE SME platform at a premium of 32% on Monday. The stock listed at Rs 53 as against an issue price of Rs 40 and hit 5% upper circuit post listing, settling at Rs 55.65. The listing was previously scheduled on Friday but had to be postponed because of the Reserve Bank of India (RBI) circular which had swapped the banking holiday on September 16 to September 18. As a result, the T+1 event (allotment) was scheduled for Friday and listing on Monday.

Gaurav Munjal, the CEO of ed-tech platform Unacademy, recently announced on social media that he secured tickets for British band Coldplay's upcoming concert in India. The announcement sparked excitement among fans, leading to a surge of conversations on social media about plans to attend the concert.

Subscribe to enjoy similar stories. Earlier this month, AU Small Finance Bank, the country's largest small finance bank (SFB) by market capitalization and advances, said it had applied for a universal banking licence. If it gets one, AU would become the first SFB to transition into a full-fledged bank.

OnePlus Open, the company’s first foldable smartphone, which is expected to be priced under ₹1 lakh during the sale. Currently retailing at ₹1,39,999 for the 16GB+512GB variant, the foldable will see a significant price cut, making it one of the most affordable devices in its category. Amazon's teaser suggests that the OnePlus Open will be available at ₹99,999, marking a massive discount for those eager to own a foldable phone without spending a fortune.

overseas travel spending, which accounted for 60% of the total remittances, up from 51% in July 2023. In July, Indians spent $1.6 billion on overseas travel, a sharp rise from $1.3 billion in June and the first-quarter average of $1.2 billion. This uptick was fueled by students traveling for international summer admissions and a surge in leisure travel, including destination weddings, during the first half of the month. Overall remittances during July showed a 16.7% increase year-on-year, with travel being the largest contributor, growing by 17.1%. Other categories like investments in equity and debt also saw significant growth, rising by 108.2% to $120.2 million, while remittances for medical treatment increased by 104.3% to $8.6 million. However, these categories represent a smaller portion of the total remittances. On the other hand, remittances for deposits declined by 16.8% compared to the previous year.

Groww Mutual Fund has launched Groww Nifty India Defence ETF and Groww Nifty India Defence ETF FOF. The new fund offer or NFO is open for subscription and will close on October 4. The scheme will reopen for continuous sale and repurchase on October 18. Also Read | 5 smallcap mutual funds turn Rs 10,000 monthly SIP to over Rs 1 crore in 15 years The schemes will be benchmarked against Nifty India Defence Index — Total Return Index. Both the schemes will be managed by Abhishek Jain.

Amazon on Monday announced an increase in its standard commission income rates across 20 plus sub-categories for over 50,000 content creators engaged with it. The revised structure will offer content creators 1.5x-2x increased income across a wide range of product categories, including popular choices like fashion, beauty and personal care appliances, home, kitchen, toys, and books, Amazon said. «This empowers creators to earn more during the peak shopping season and capitalise on the increased consumer demand during the Amazon Great Indian Festival (AGIF),» a company statement said. The Amazon Great Indian Festival is set to start on September 27, with 24-hour early access for Prime members.

Noida Traffic Police have issued a traffic advisory regarding routes around Greater Noida ahead of the UP International Trade Show. Traffic restrictions will be effective from September 24 to 29 to ensure smooth traffic flow during the event, as reported by Jagran. Vice President Jagdeep Dhankhar will inaugurate the trade show, held at India Expo Mart from September 25 to 29. Commuters in Noida need to be aware of the restrictions and avoid routes with closures.

Subscribe to enjoy similar stories. Many countries "piggyback" onto the visa approval systems of large developed nations, allowing visa-free entry or visas on arrival for Indian travellers holding valid US, UK, Canada, or Schengen visas. If you already possess a residence or even tourist visa issued by the US, UK or Schengen-area country, many third country doors will open for you.

Subscribe to enjoy similar stories. India’s frugal moon mission, Chandrayaan 3, achieved the pioneering feat of landing near the south pole of the Moon. In STEM fields—of science, technology, engineering and mathematics—India and the Indian diaspora have nearly as many Nobel laureates (two in Physics, one in Chemistry and one in Medicine) as the People’s Republic of China and the Chinese diaspora (three in Physics, one in Chemistry and one in Medicine).

Subscribe to enjoy similar stories. The US Federal Reserve’s recent 0.5% rate cut marks the start of what could be a prolonged easing cycle, with projections pointing to another 0.5% cut in 2024 and an additional 1% in 2025. The Fed’s aim is to get ahead of potential labour market challenges and stabilise the US economy amid looming uncertainties.

retail participation, favourable market conditions, and diverse investment strategies. Equity funds, in particular, have seen significant inflows.