India Financial News

As an observer of financial markets, I see this as a positive development in our gradual progress towards wider financial inclusion. The Rs.250 SIP potentially opens the doors for many Indians who have previously been unable to participate in mutual fund investments. By lowering the entry barrier, Sebi invites a broader segment of our population to consider mutual funds as an investment option. This initiative aligns with one of the key objectives of mutual funds, particularly in the Indian context—to make a range of stocks and bonds accessible, with relatively small amounts of money. Mutual funds pool investments from numerous individuals, allowing them to access a diverse portfolio of securities that might otherwise be challenging for individual investors to compose independently. The Rs.250 SIP extends this concept further, potentially bringing professional fund management and diversified portfolios within the reach of more people.

The bank has a pan-India presence across urban and rural areas and has 9,623 branches. It is a beneficiary of the banking sector’s long-term structural strengths. Rising incomes, buoyant economic growth prospects, significant under-penetration of credit, rebound in loan demand from retail, MSME and corporate segments, increasing digital adoption and product innovation are some of the factors that will continue to enhance the demand for banking and financial services.

D Gukesh and Arjun Erigaise, the Indian men scored the necessary 2.5 points out of possible three against Azerbaijan in the fifth round of the 45th Chess Olympiad here on Sunday. It seems like Gukesh and Arjun can do nothing wrong in this Olympiad as they overpowered Aydin Sulemanli and Rauf Mamedov respectively with their white pieces in quick time. Praggnanandhaa played another draw on board two but that only ensured an Indian victory irrespective of the result of Vidit Gujrathi who was playing against Shakhriyar Mamedyarov. After scoring the fifth victory on the trot, the Indian men maintained a clean slate on ten points and they were joined by Vietnam who continued with their impressive show and downed Poland 2.5-1.5.

14-lane road near the Atal Setu sea bridge that will connect to Pune via a ring road will bring down traffic on Mumbai-Pune Expressway by 50 per cent, Union Minister Nitin Gadkari said on Sunday. The Union Minister for Road Transport and Highways was talking about road plans for Mumbai-Bengaluru at an alumni event organised by COEP Technological University on the occasion of Engineer's Day. «There is huge traffic on Mumbai-Pune Expressway. A 14-lane road will be built near Atal Setu, which will further connect to Pune via a ring road and then onwards to Bengaluru. This road will bring down traffic on Mumbai-Pune Expressway by 50 per cent,» he said.

Subscribe to enjoy similar stories. Automobile giant Ford Motor Co., which stopped manufacturing vehicles in India in August 2022, plans to resurrect its manufacturing facility in Chennai, Tamil Nadu to use India as an export hub. Observers may wonder why the American carmaker has decided to return to India.

With a wide variety of options available, choosing the best alkaline water purifier can be overwhelming. This guide will help you explore the top alkaline water purifiers, highlighting their key features, filtration technologies, and benefits, so you can make an informed decision for your home and well-being.

Subscribe to enjoy similar stories. DHARAMSALA, India—The Dalai Lama arrived on a golf cart and smiled and waved to the throngs of devotees who had gathered amid the pine trees of the Himalayan foothills to greet him at his home in exile after knee-replacement surgery in the U.S. The 89-year-old Tibetan spiritual leader climbed out and made his way on foot into the temple complex with the help of young monks supporting his weight.

Subscribe to enjoy similar stories. New Delhi: Filmmakers and content creators behind popular film and television shows are stepping up efforts to protect their intellectual property rights (IPR). These include unauthorised use of the title’s logo, dialogues and mannerisms of characters, and other critical elements.

Piyush Goyal will on Monday launch the Bharat Startup Knowledge Access Registry (BHASKAR) initiative which will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth. According to an official statement, it will also enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies. The primary goal of BHASKAR is to build the world's largest digital registry for stakeholders within the startup ecosystem. To achieve this, the platform will offer several key features such as networking and collaboration. providing centralized access to resources, creating personalized identification, enhancing discoverability, and supporting India's global brand.

Subscribe to enjoy similar stories. Venture capital firm Bessemer Venture Partners, which has invested in the likes of Swiggy and BigBasket, said that the cybersecurity segment is poised, in terms of investments, to take off in India on the back of rising instances of data fraud. The segment has been “fertile" for Bessemer globally, where the VC has made over 30 investments.

The American embassy in Dhaka says a high-level U_S_ delegation has met with the head of Bangladesh’s interim government, Nobel laureate Muhammad Yunus, to affirm “dedication to fostering inclusive economic growth."

Subscribe to enjoy similar stories. Truth is stranger than fiction. The Supreme Court of India seems to have left no stone unturned to make this saying ring true.

climate change accelerates, the urgency grows around two key threats—indirect greenhouse gas (GHG) emissions from inefficient air-conditioning and refrigeration appliances powered by fossil fuel-based electricity, and direct GHG emissions from harmful refrigerants in these systems. Cooling is no longer a luxury—it’s a necessity in our rapidly warming world.

Bangladesh team arrived in India on Sunday for two Test matches and three T20Is with visiting skipper Najmul Hossain Shanto hoping that their historic 2-0 series win in Pakistan recently would hold them in good stead against the formidable hosts in the coming weeks. The Bangladesh squad landed in Chennai, the venue for the opening Test beginning on September 19, on Sunday afternoon. «It's definitely going to be a very challenging series for us,» Shanto was quoted as saying at the pre-departure press briefing at the Dhaka airport. «After a good series (vs Pakistan) there is definitely an extra confidence in the team, in the people of the country. Every series is an opportunity.

Winter season will be here in no time and therefore, this is the best time to get your hands on an efficient geyser. In today’s article, we have curated a list of the 10 best Orient electric geysers which come equipped with LED indicators, copper heating elements and a coated tank that lasts for an extended period of time.

Aishwarya Rai has been spotted in Dubai airport sans her wedding ring once more, triggering separation rumours again. The actress was in Dubai recently to attend the South Indian International Movie Awards (SIIMA). Speculations about her marriage with Abhishek Bachchan have been rife ever since Bachchan appeared at an event without his wedding ring. In an Instagram video, Aishwarya was warmly welcomed by the event organizers, and a fan presented her with flowers. As she walked to her room, holding her daughter Aaradhya close, Aishwarya looked stunning in black, though it was noticeable that she wasn’t wearing her wedding ring. For some time now, Aishwarya has been the subject of divorce rumors. The actress, who has been married to Abhishek Bachchan for over 17 years, sparked separation rumors when she attended a red carpet-event in July without Abhishek by her side. Earlier this year, both Aishwarya and Abhishek were present at the Ambani wedding, but they arrived separately. Although they reunited inside the wedding hall, Aishwarya soon went on a solo vacation after the wedding, fueling more speculation. Adding to the rumors, Abhishek «liked» a social media post about divorce, intensifying the gossip.

With a variety of options on the market, each boasting unique features like high-resolution displays, powerful processors, and long battery life, it can be challenging to choose the right one. In this article, we explore the top 10-inch tablets, highlighting their strengths and best use cases.

financial institutions are focusing on artificial intelligence (AI) and GenAI (Generative Artificial Intelligence) as the primary technology enablers of innovation, according to a PwC India report. As per the PwC India report titled, 'Mapping the FinTech innovation landscape in India' data analytics also continues to emerge prominently across nearly 74% responses, underscoring its integral role in driving insights and decision-making within the financial services (FS) sector. It said that 31 financial institutions consisting of banks, insurance firms and fintechs participated in the survey. «Artificial Intelligence (AI) and GenAI (Generative Artificial Intelligence) emerged as the focus area for innovation for Indian financial institutions, with 90% of the respondents citing them as the primary technology enablers of innovation,» it said.

JSW Energy on Sunday announced that its step-down subsidiary, JSW Renew Energy Two Ltd, has successfully commissioned a 300 MW wind power plant at Tuticorin in Tamil Nadu. The ISTS-connected (Inter-state transmission system) wind power project was awarded by Solar Energy Corporation of India (SECI) in tranche X, a company statement said. This marks the first-ever greenfield wind power plant commissioned by the company for the SECI, it noted. The newly commissioned wind power project will contribute significantly to the renewable energy portfolio, supporting the vision of a greener and sustainable future, the company said.

India on Sunday unveiled 'Operation Sadbhav', an inititative that would help countries severely hit by Tyhpoon Yagi, namely Myanmar, Vietnam and Laos. External Affairs Minister Dr S jaishankar took to social media platform X to announce that New Delhi so far has sent three aid packages to the impacted areas. The Operation is being backed by the Indian Navy and the Indian Air Force, with INS Satpura and IAF jets carrying out the relief operation.

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