India Financial News
22.09 / 10:11
markets
FIVE
testing
cricket
India vs Bangladesh: Men's team achieves this grand milestone in 92-year Test history
This accomplishment places India among a select group of elite teams worldwide that have ever reached this milestone. In the 147-year history of Test cricket, only seven teams have recorded more wins than losses at some point, and currently, only five maintain this record. As it stands, India's Test statistics are: Matches: 580 | Wins: 179 | Losses: 178 | Draws: 222 | Ties: 1. Alongside India, the other teams with more wins than losses include Australia, England, South Africa, and Pakistan. Australia leads with 414 wins and 232 losses, followed by England with 397 wins against 325 losses. South Africa boasts 179 wins to 161 losses, while Pakistan has 148 wins compared to 144 losses.
22.09 / 10:07
markets
Death
Trade
Universities
social
consequences
rights
Working conditions and human rights are two sides of the same coin
Subscribe to enjoy similar stories. Passage of time tends to blur memories of historical facts and events from the not-so-distant past.
22.09 / 10:07
markets
security
Strategy
consequences
information
recommendations
Profiles
Risk: An underrated word in today's investment landscape
Subscribe to enjoy similar stories. Risk profiling is a mandatory exercise every investment advisor must undertake before giving investment advice. Despite its importance, the Securities and Exchange Board of India (SEBI) has not defined a specific methodology, leaving advisors with the flexibility to approach this task in various ways.
22.09 / 10:07
Fighting
Align
Election
Freedom
voice
peace
Manu Joseph: Nobody told us that Kashmiris are also ‘polarized’
Subscribe to enjoy similar stories. People who do not know that potatoes have been discredited as food usually do not want the same things from life and politics as those who eat avocados. Yet, it would appear that there are societies where everyone appears to want the same thing and even has the same wounds.
22.09 / 10:07
Target
security
Apple
Software
performer
information
Updates
Government issues high severity warning for iOS, iPadOS and macOS users post iPhone 16 launch
Weekly Tech Recap: iPhone 16 goes on sale in India, Samsung may be working on a rollable phone and moreCERT-In warns that apart from accessing sensitive information, these vulnerabilities can be used by attackers to “execute arbitrary code, bypass security restrictions, cause denial of service (DoS) conditions, bypass authentication, gain elevated privileges and perform spoofing attacks on the targeted system."Apple iOS versions prior to 18 and iPadOS versions prior to 18Apple iOS versions prior to 17.7 and iPadOS versions prior to 17.7Apple macOS Sonoma versions prior to 14.7Apple macOS Ventura versions prior to 13.7Apple macOS Sequoia versions prior to 15Apple tvOS versions prior to 18Apple watchOS versions prior to 11Apple Safari versions prior to 18Apple Xcode versions prior to 16Apple visionOS versions prior to 2CERT-In states that these vulnerabilities have been fixed in the latest version of software updates by Apple and alerts the iOS, iPadOS, macOS, tvOS, watchOS, Safari, Xcode and visionOS users to update to the latest software update provided by the Cupertino based tech giant in order to stay secure. Notably, CERT-In had also also warned about the vulnerabilities in Google Chrome browser earlier this month.
22.09 / 07:47
markets
COST
Provident
economy
country
reports
Fossil fuels will continue to lead energy mix amid slow EV growth and clean energy challenges: McKinsey
fossil fuels will continue to play a major role in meeting global energy needs, accounting for 40 to 60 per cent of global energy supply by 2050 due to the slower-than-expected adoption of electric vehicles (EVs) and challenges in scaling clean energy technologies, according to McKinsey report. Gas will continue to be an important energy source, providing stability to power grids as renewables, which are often intermittent, become more prevalent, the report Though fossil fuel consumption is expected to plateau between 2025 and 2035, investments in this sector are likely to continue in order to ensure energy reliability during the global transition to cleaner sources.
22.09 / 07:47
markets
Digital
Cooper
Fighting
President
RAI
Features
India's emphasis is "minimising conflict and division" and "leveraging democratic values": Foreign Secretary Vikram on PM Modi's US visit
Modi's engagements during the Quad summit is the emphasis of India on minimizing conflict and division while leveraging democratic values to pursue development objectives, Foreign Secretary Vikram Misri said on Sunday. Addressing a special briefing on PM Modi's visit to the US, Misri said, «India's emphasis is on minimizing conflict and division, leveraging democratic values even as we pursued development objectives, and highlighting the role of technology and the digital revolution in ushering in good governance, essentially to turn the disruptive features of technology to good ends.» These themes found reflections during the bilateral meetings in Delaware,the Foreign secretary said.
22.09 / 07:47
markets
economy
RAI
information
Department
Govt to kick off FY26 Budget making exercise from second week of next month
Indian economy recording 7 per cent growth rate for the fourth consecutive year. The budget for the next financial year would focus on reforms to be pushed to further accelerate growth momentum and measures to generate jobs and boost demand in the economy. "Pre-budget meetings chaired by Secretary (Expenditure) shall commence in the second week of October 2024. Financial Advisers shall ensure that necessary details...are properly entered in UBIS (Union Budget Information System) before/latest by October 7, 2024," Budget circular 2025-26 issued by the Department of Economic Affairs said. Hard copies of the data in the specified formats should be submitted for cross-verification, it said.
22.09 / 07:47
markets
Waves
Digital
RAI
Fishing
Nine Indian fishermen feared dead after trawler capsizes
Indian fishermen are feared dead after their trawler capsized in the Bay of Bengal during a storm, an official told AFP on Sunday. The trawler had left from the Sundarbans in West Bengal on Wednesday with 17 men on board, said Surajit Bag, assistant director of fishing in the state government. Eight were on the deck while nine others were asleep in the cabin below when the storm struck early Saturday near Bagher Char island he told AFP.
22.09 / 07:47
22.09 / 07:11
markets
Target
Digital
BAY
RAI
Ashwin wrecks Bangladesh as India win big in Chennai
Chasing a mammoth 515 victory target, Bangladesh were all out for 234 with only skipper Najmul Hossain Shanto (82) offering some resistance with the bat. Local boy Ashwin was pick of the Indian bowlers, while Jadeja returned 3-58.
22.09 / 07:11
markets
security
community
wellness
Universities
Manipur: Congress MP poses questions to Centre, asks why state being allowed to go 'Afghanistan way'
A Bimol Akoijam raises pointed questions over the Centre's «inaction», suggesting that such a situation would not have been left unaddressed if it happened in states such as Uttar Pradesh and Bihar. In an interview with PTI Videos, Akoijam vehemently criticised the Centre's handling of the situation in Manipur, asking why the government of India was allowing the northeastern state to become like Afghanistan, which he described as a «banana republic». «With 60,000 troops stationed in Manipur, the central government should have prevented this crisis from persisting for so long,» Akoijam stated. «If this were happening in Uttar Pradesh, Bihar, Rajasthan, or Madhya Pradesh, would it have been allowed to linger? Most people would say no,» he added.
22.09 / 07:11
markets
Digital
Enterprise
Trade
RAI
reports
Adani Energy Solutions valued at $18.5 billion; revenue to grow 20%
Adani Energy Solutions Ltd, power transmission utility of the Adani group, is valued at USD 18.5 billion at enterprise level and a strong business growth is likely to propel a 29 per cent compounded growth in its pre-tax profits over the next three years, a report said. AESL has a diversified portfolio that includes transmission assets, distribution assets, and a smart metering business. «With an enterprise value of USD 18.5 billion, we believe AESL to be a very attractive way to play the rapidly expanding energy markets in India,» global brokerage Cantor Fitzgerald said, initiating coverage of the company. It believes AESL offers growth unlike any other publicly traded utility/energy company across US, Europe, or Asia. «We forecast total revenue to grow at a CAGR of 20 per cent from FY24 to FY27 and adjusted EBITDA to grow at a CAGR of 28.8 per cent.»
22.09 / 07:11
markets
Ball
Racing
testing
Videos
bowling
Malinga bana hua hai, Yorker pe Yorker de raha hai: Virat Kohli's chat with Shakib Al Hasan goes viral; Here is video
Virat Kohli had a brief but eventful innings during the second innings of the first Test between India and Bangladesh on September 20 at the MA Chidambaram Stadium in Chennai. After scoring just six runs in the first innings, Kohli entered the crease looking to regain his form. He raced to 17 runs off 37 balls, but his dismissal was overshadowed by his decision not to use the DRS despite edging a delivery. During his time at the crease, Kohli engaged in a lighthearted exchange with veteran Bangladesh all-rounder Shakib Al Hasan, who was brought into the bowling attack by captain Najmul Hossain Shanto shortly after Kohli arrived. Shakib’s unexpected strategy of bowling a series of yorkers caught everyone off guard, including Kohli himself. The two former captains shared a laugh, with Kohli playfully comparing Shakib's bowling style to that of Lasith Malinga. «Tu Malinga bana hua hai, Yorker pe Yorker de raha hai (You have become Malinga, bowling yorker after yorker),» Kohli said to Shakib in a comment that was captured on the stump-mic and immediately went viral on social media.
22.09 / 07:11
markets
Digital
awards
President
students
RAI
Quad Summit: India announces $500,000 scholarship for Indo-Pacific students
Quad scholarships, worth USD 500,000, to students from the Indo-Pacific. This initiative will enable recipients to pursue a four-year undergraduate engineering programme at a Government of India-funded technical institution. Notably, Prime Minister Anthony Albanese of Australia, Prime Minister Narendra Modi, Prime Minister Kishida Fumio of Japan, and President Joe Biden of the United States--met for the fourth in-person Quad Leaders Summit, hosted by President Biden in Wilmington, Delaware. Wilmington is Biden's home town.
22.09 / 07:11
markets
UPS
FIVE
Research
Experts
reports
India's affluent class boosts high-end spirits sales, outpacing US and China's consumption rates: Swiss researcher
Scotch whisky and fine wines registering double-digit growth, outpacing consumption rates in the US and China, according to a Switzerland-based researcher. «One subcategory where India surpasses China and is growing at double the rate of the USA over a five-year CAGR is Scotch luxury whisky,» Simon Joseph, a senior luxury brand builder and consumer experience expert based in Zurich, said. Joseph, a researcher with Glion Institute of Higher Education, said according to various data forecasts, the luxury Scotch whisky market is also growing at 16 per cent CAGR up to 2024-end. Scotch whisky exports to India grew at a compound annual growth rate of 66% up to 2022, outpacing the US, China, and other significant markets, Joseph said, citing data from the UK-based Scotch Whisky Association (SWA).
22.09 / 07:01
22.09 / 06:47
markets
Digital
Platform
Experts
exclusive
Investigations
Anti-trust case: CCI asks Amazon, Flipkart to share financials to decide penalty
Subscribe to enjoy similar stories. NEW DELHI : The Competition Commission of India (CCI) has asked Amazon Seller Services Pvt. Ltd and Flipkart Internet Pvt.
22.09 / 02:51
UPS
wellness
performer
testing
cricket
IND vs BAN Live Score 1st Test Day 4: India on the cusp on victory; Ashwin - Jadeja in focus
IND vs BAN Live Score 1st Test Day 4: Rohit Sharma led team India are just 6 wickets away from a hard-fought victory against the visitors at the MA Chidambaram Stadium in Chennai. While India are generally known to perform well on their home turf, this win will perhaps mean a little more to the skipper after the defeat they suffered in the ODI series against Sri Lanka.
22.09 / 02:25
markets
Cooper
Manufacturing
security
country
innovations
Department
India, US to elevate bilateral support to build secure global clean energy supply chains: White House
manufacturing capacity for building on existing clean energy cooperation between the two nations, according to the White House. The announcement on Saturday came after the meeting of Prime Minister Narendra Modi and US President Joe Biden at Greenville, Delaware. Prime Minister Modi is in the US on a three-day visit. To launch the partnership for establishing a «shared, resilient, and cutting-edge techno-industrial base» centred on innovative clean energy manufacturing techniques, the US and India are «working to unlock USD 1 billion in new multilateral finance through the International Bank for Reconstruction and Development (IBRD) for projects, including catalysing India's domestic clean energy supply chain buildout», the White House said in a statement.
22.09 / 02:25
markets
Citi
community
President
Celebrity
Diversity
'Indian community has distinguished itself in the USA', says PM Modi after diaspora interaction in Wilmington
Indian diaspora and their achievements in the United States, Prime Minister Narendra Modi said that the community has distinguished itself in the USA, making a positive impact across diverse sectors. Sharing a post on X, following his arrival at Hotel duPont in Wilmington, Delaware, Prime Minister Modi wrote, «The Indian community has distinguished itself in the USA, making a positive impact across diverse sectors. It's always a delight to interact with them.»
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