Compilation Financial News

Narendra Modi, following the recent G20 Summit event held over the last weekend under India's presidency, is going to host an exclusive dinner today, September 16, in honour of Delhi Police personnel who played a pivotal role in ensuring the event's security and smooth execution, reported PTI. Delhi Police Commissioner Sanjay Arora instructed the deputy commissioners of Delhi Police's 15 districts to arrange a 'bada khana' (a large meal) for the staff as a gesture of appreciation and recognition for their dedicated efforts during the G20 Summit.

TotalEnergies SE is in talks to invest in renewable energy projects developed by Adani Green Energy Ltd., people familiar with the matter said, potentially marking the first public deal between the French oil giant and Gautam Adani since a short-seller leveled fraud allegations against the Indian billionaire’s business empire. Total is looking to buy stakes in some of Adani Green’s projects as part of its drive to expand its portfolio of clean energy projects, said the people, who asked not to be identified as the discussions are private. The French group could invest about $700 million in total into the projects, one of the people said. Deliberations are ongoing and there’s no certainty for a transaction, the people said.

Gold has beaten equities in local currency returns across emerging markets, excluding India, in the past 23 years. According to data compiled by DSP Mutual Fund, the yellow metal’s returns in most emerging market currencies have been 0.4% to 7.9% higher on a compounded basis than their stocks. The exception has been India, with equity returns exceeding that of gold by 0.7% emerging markets tend to have chronic economic, political, or governance issues, resulting in currencies depreciating and adding to gold returns, said Sahil Kapoor, head- products and market strategist at DSP Mutual Fund. Gold returns from local currencies in Turkey, Malaysia, Taiwan, and South Korea have yielded the highest returns over local equities.

Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories reported by Mint in the week gone by. India’s retail inflation eased in August but continued to remain higher for rural areas for the second consecutive month. Meanwhile, Nifty 50 crossed the psychological mark of 20,000 this week.

While the country has 85 lakh tonnes of sugar, enough for three and a half months, it has imported sufficient edible oil taking advantage of the rock bottom global prices. The September rains have allayed any concern about productivity of sugarcane in the upcoming sugar year which starts from October, Chopra added. Recently sugar prices rose due to rumours of crop failure and shortage. Data compiled by Solvent Extractors’ Association of India (SEA) showed that India imported 18.52 lakh tonnes (lt) of edible oil in August, against 13.75 lt a year ago, registering a growth of 34.69 per cent.

The Rashtriya Swayamsevak Sangh (RSS) on Wednesday will hold an all-India coordination meeting in Pune. The three-day meeting will discuss a range of topics such as national security, socioeconomic scenarios, among others. RSS chief Mohan Bhagwat and General Secretary Dattatreya Hosabale will be attending the three-day meeting along with five joint general secretaries, including Arun Kumar -- its pointsman in the BJP -- and other "prominent" functionaries.

gold imports in the second biggest consumer of the precious metal has risen to the tune of 40 per cent in August 2023. This may blow out India's trade deficit, which is already at threatening levels on soaring crude oil prices. As per the provisional numbers of India's gold imports in India in August 2023, a person familiary with the developments said on the condition of annynimity that India's gold imports grew to $4.9 billion, which stood at $3.5 billion in August 2022.

Economic Times Startup Awards (ETSA) have captured the ever-changing world of technology and Digital India as the sector has grown from infancy to the stage of spawning publicly-traded corporations. Having seen at least two cycles of the funding boom followed by a tech winter, the awards are a true testament to the way Indian entrepreneurship has matured in the past nine years amid many crests and troughs.

Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water.

refrigerator in India, you're in luck. We've compiled a list of the top refrigerators that cater to various needs and preferences. Whether you have a large family to feed, are conscious about energy consumption, or simply want the latest in smart appliances, this guide will help you make an informed decision.

India's industrial production rose by 5.7 per cent in July, according to the official data released on Wednesday. For the month of July 2023, the Quick Estimates of Index of Industrial Production (IIP) with base 2011-12 stands at 142.0.

home loan, there are various fees that apply to the loan. These fees differ between lenders such as banks, housing finance firms, and non-banking financing companies, with some levying fees separately and others that club fees. While some fees are tied as a fixed percentage of the house loan balance, others are not. Remember that not every borrower has to pay the same processing fee when availing a home loan.Processing fee Through the processing charge, a lender is able to recover all of its credit underwriting-related expenses. Some lenders impose a processing cost that is flat, while others often charge a variable processing fee that might reach 2% of the loan amount. Here are tops banks and their processing fees charged for a home loan. (It may differ if the bank hikes or offers festive discount; Source: Compiled by ETIG; Interest rates as on September 7, 2023, Home loan rates are repo linked lending rates or RLLR)HDFC Bank

elite jury led by Kotak Mahindra Bank founder and director Uday Kotak will meet virtually on Tuesday to pick the winners of the ninth edition of India’s most coveted prize for entrepreneurial excellence – The Economic Times Startup Awards (ETSA). Joining Kotak on the jury will be Ranjan Pai, chairman of Manipal Hospital; Shekhar Kirani, partner at Accel; Supam Maheshwari, cofounder & CEO of FirstCry; Deepinder Goyal, cofounder & CEO of Zomato; Kalyan Krishnamurthy, CEO of Flipkart group; Renuka Ramnath, founder of Multiples PE; Harshil Mathur, cofounder & CEO of Razorpay; Roshni Nadar Malhotra, chairperson of HCLTech; Satyan Gajwani, vice chairman at Times Internet; and Arjun Sethi, cofounder of Silicon Valley-based Tribe Capital, who will also be a part of the high-powered panel.

Traders in the $325 billion industry for emerging-market exchange-traded funds are shifting cash toward strategies that focus on brighter spots in the developing world as China’s economy stumbles.

NCERT from school textbooks and create a new textbook for students to study and appear for exams. State General Education Minister V Sivankutty said the government took such a stand in accordance with Kerala's exemplary educational background. He said this in response to a query in the state assembly from the UDF opposition with regard to implementation of the National Education Policy 2023. Sivankutty said the policy has not been completely accepted in the country as Tamil Nadu has rejected it in entirety and Karnataka has only agreed to implement some portions of it. Moreover, the National Council of Educational Research and Training has deleted a lot of things — like the assasination of Mahatma Gandhi and the alleged role of RSS in it, portions of the Mughal rule and empire in India, parts of Indian freedom struggle and some communal riots — from textbooks for classes 11 and 12, the minister claimed. «So, we compiled all the deleted portions and created a new textbook.

Fumio Kishida said he plans to reshuffle his cabinet as early as Wednesday, and will compile a package of «drastic» economic measures soon after to boost the country's fragile recovery. «I'm thinking of conducting a personnel change of party leadership and of the cabinet as early as the 13th,» Kishida told a press conference in New Delhi on Sunday, on the sidelines of a G20 summit meeting. «On economic measures, I want them to protect the people's lives from price hikes and to reinforce the trend of wage increases and investment expansion.

Lots of people are buying used cars these days and even financial experts suggest purchasing the used car owing to lesser entry cost and saving money if you are taking a loan for it. New cars are not just costly but overall expenses can be higher if you stretch your budget beyond your repayment capacity.

By David Randall

Ahead of ICC Men's Cricket World Cup, former Indian cricket star Virender Sehwag has shared his dream ODI XI, comprising five exceptional players. Known for his aggressive style, Sehwag amassed 8273 runs and 15 centuries in 50-over cricket. He played a pivotal role in India's 2011 World Cup victory.

recent economic history. Previously its data had shown the economy, at the end of 2021, to be still 1.2% below its pre-pandemic size. Now it reports that national output at the time was in fact 0.6% higher.

India's drug regulator has started collating and compiling the profiles of pharmaceutical plants in the country. The Drug Controller General of India (DCGI) has asked drug companies to provide details of each of their units operational in the country.