Country Financial News

J P Nadda Thursday asked the people of Uttarakhand to again give all the five Lok Sabha seats in the state to the BJP to help Narendra Modi return as prime minister for a third term and make India the third biggest economy in the world. «It is your national responsibility,» Nadda told his first election meeting at Pithoragarh in the state in support of Ajay Tamta, the BJP candidate from the reserved Almora Lok Sabha seat. Prime Minister Modi made the country the fifth biggest economy in the world despite the challenges of the Covid pandemic and the Russia-Ukraine war, he said. «If you help him get a third term as PM by ensuring the BJP's victory in all the five seats, he will make India the third biggest economy,» Nadda said.

earthquake of magnitude 5.3 shook Chamba in Himachal Pradesh on Thursday, informed National Center for Seismology. The agency which monitors earthquakes in the country said the quake in Himachal Pradesh had a depth of 10 km. NCS added that the timing of the quake was 9:34 pm.

Mallikarjun Kharge on Thursday launched a blistering attack on Prime Minister Narendra Modi, calling him a "sardar of liars" and accusing him of «sleeping» after taking opium while China «entered» Indian territory. Addressing an election rally in Rajasthan's Chittorgarh, he said Modi does not think for the country but is busy only abusing the Gandhi family whose members sacrificed their lives for the nation. «Modi says 'I have a 56-inch chest, I will not be scared'. If you are not afraid then why have you left a large part of our land for China. They are coming inside and you are sleeping. Have you taken sleeping pills? Have they taken opium from the fields of Rajasthan… and fed you?» he said in Hindi. «Modi kehate hain 56 inch ki chhati hai, main nahi darunga. Agar nahi darte to fir China ko hamare bahut saa bhag kyo chhode? Wo andar ghus kar aa rahe, aap kya neend kar rahe ho? Kya neend ki goli khaaye ho? Kya Rajasthan ke kheton me se afeem le jaake'… ya wo khilaye hai kya?» Kharge alleged the prime minister is not concerned about the country but he is busy abusing the Gandhi family. «He wants to take the people of the country with him by torturing them. He always keeps lying,» Kharge said. «Modi is 'sardar of liars'.»

DRDO) has started implementing a project in Junput village in West Bengal to build a small test centre for the country's weapon systems, officials said on Thursday. Junput, like Odisha's Chandipur which is known for its Integrated Test Range (ITR), is also situated by the Bay of Bengal. An additional operation area is required as the existing ITR at Chandipur near Balasore has become saturated with work related to testing. Since its inception, the DRDO has aimed at designing and developing state-of-the-art sensors, weapon systems, platforms and allied equipment in defence and security domains of land, air, sea, space and cyber, an official said.

Mint was the first to report last July that Tesla executives in their meetings with the ministries of heavy industries and commerce had discussed importing EVs from its Berlin gigafactory for the Indian market, as opposed to Shanghai, which is its main export base. The government plans to open the application process for its new EV policy, as well as publish detailed guidelines under it, in a span of 60-70 days from now, even though the policy stipulates for applications to start within 120 days of the policy announcement, which took place on 14 March, the people cited above said on condition of anonymity.

external affairs ministry on Thursday cautioned Indian nationals against falling prey to human traffickers promising lucrative job opportunities in Cambodia. In an advisory, the ministry called upon Indians looking at job opportunities in the Southeast Asian country to thoroughly check the background of the prospective employer. «It has come to attention that Indian nationals, lured by fake promises of lucrative job opportunities in Cambodia, are falling into the trap of human traffickers,» it said. The ministry said these Indian nationals are «coerced» to undertake online financial scams and other illegal activities.

Arvind Kejriwal on Thursday moved a city court urging it to allow him to spend more time with his lawyer in order to prepare for cases pending against him in several parts of the country. Kejriwal moved the application claiming that two meetings every week with his lawyer, as permitted by the court, was not sufficient since he was facing multiple cases in various states and needed more time for consultation. The AAP leader urged the court to increase the number of meetings to five per week. The application is likely to come up for hearing before special judge for ED cases Kaveri Baweja on Friday.

Congress on Thursday alleged that the BJP's compulsion to get donations at all costs saw it go ahead with the electoral bonds scheme without heeding RBI's astute advice, as it claimed that over Rs 430 crore was donated to the ruling party by 33 companies that had negative or near zero profit. Congress general secretary Jairam Ramesh shared a report by The Hindu on X which said that 33 loss-making firms donated electoral bonds worth Rs 582 crore with 75 per cent going to the Bharatiya Janata Party (BJP). «There are four primary channels of corruption in the Electoral Bond Scam, and with each passing day, more examples emerge to confirm the shocking reality of the corruption which has engulfed this country through Narendra Modi's encouragement,» Ramesh alleged. «An update on the latest revelations on the 'Farzi Companies' who have been donating chanda to the BJP Chanda Do, Dhandha Lo; Theka Lo, Rishvat Do; Hafta Vasuli; Farzi Companies,» he said in a post on X.

AAP Rajya Sabha MP Sanjay Singh on Thursday said the six months he spent in jail boosted his morale and strengthened his resolve to raise his voice against "injustice and dictatorship". Singh, who walked out of Tihar jail on Wednesday, told PTI that his jailed party colleagues — Delhi Chief Minister Arvind Kejriwal, former deputy chief minister Manish Sisodia and former minister Satyendar Jain — will also be released soon. Singh had been lodged in the high-security prison in the national capital since October 13, 2023. He was arrested on October 4 last year in connection with an excise policy-linked money laundering case. He was granted bail by the Supreme Court on Tuesday. Kejriwal and Sisodia have also been arrested in the same case, while Jain is in jail in connection with a separate money laundering case.

Bitcoin is becoming a valuable tool to escape high inflation in countries with less stable currencies, according to Ark Invest CEO Cathie Wood.

To get an idea of the financial toll extreme weather is taking on this country’s agriculture industry, look no further than the government of Saskatchewan’s books.

CRISIL Market Intelligence and Analytics, said. “In the near term, owing to a prediction of high temperatures over an extended period, summer crop sowing which largely comprises cereals like bajra and maize, pulses like moong, and vegetables like cucurbits and melons are expected to be negatively impacted following lower reservoir levels across key states like UP, Bihar, West Bengal, Chhattisgarh, AP, Karnataka and Tamil Nadu," Sharma added.

HDFC Bank as of March 2024 quarter at 47.83 per cent, declined from 52.39 per cent in the December 2023 quarter. Arora took to social media platform ‘X’ and said, ‘’If HDFC Bank had requested all the FIIs together would have been happy to sell another five bps of stock to satisfy MSCI's bureaucratic requirement.'' Also Read: HDFC Bank: FII ownership declines to 47.8% in the March' 2024 quarter from 52.3% at the end of December'2023 quarter ‘’Imagine- if FIIs had sold five bps more of HDFC Bank in the first quarter, it would have led to billions of dollars of buying in the stock.

Kangana Ranaut took to microblogging site X, to post, “There was talk of opening a shop of love but Congress has opened a shop of hatred". “Congress leaders, who have degraded views towards women, are deteriorating their character day by day in frustration and despair of inevitable defeat." Kangana Ranaut tweeted in Hindi. Filmmaker Vivek Agnihotri also came out in support of Hema Malini.

New Delhi, 2nd April, 2024 – Skill Online Games Institute (SOGI) announces the onboarding of distinguished Dr. Yatan Pal Singh Balhara to its esteemed advisory board. Dr.

Hindustan Times (HT), he said that the building of his department "was shaking like a boat". "Everything in the lab was collapsed. I couldn't see or do anything," he said.

office demand in the IT city remained flat at 3.5 million square feet, a report by Knight Frank has said. Sales Decline in Affordable Segment “The less than ₹50 lakh housing segment saw sales decline by almost 65% to 70% in the first quarter of 2024 which has brought down the overall numbers. The sales in the ₹50 lakh- ₹1 crore residential segment has dipped by 7 percent. This is primarily on account of the affordability challenges faced by buyers of this segment. This may be a temporary blip,” said Vivek Rathi, head of research at Knight Frank India, at the launch of the Knight Frank titled India Real Estate: Office and Residential Report (January — March 2024).

Tesla has begun production of right-hand drive cars at its plant in Germany for export to India later this year, three people aware of the company's plans told Reuters, as it moves ahead with a possible entry into the world's third-largest car market. A team from Tesla is expected to visit India later this month to look at sites for a local car manufacturing plant that would require an investment of about $2 billion, said two of the three people, who declined to be named because the plans are not public yet. India last month slashed the import tax rate on certain electric vehicles if their makers invest at least $500 million in the country and start production there within three years. The move is a win for Tesla, which had lobbied for months for lower taxes, but faced resistance from local carmakers.

IDBI Bank and Axis Bank challenging the Zee-Sony merger which has been called off. The appellate tribunal will decide on 15 April whether the challenges to legal sanction of the Zee-Sony merger could be heard when the merger itself has been called off. IDBI Bank and Axis Bank had urged NCLAT to defer the pending case until the National Company Law Tribunal (NCLT) decides on Zee's plea to enforce the merger.

Lok Sabha Elections. ""...The people of Amethi expect me to represent their constituency if I decide to become a member of Parliament...For years, the Gandhi family worked hard in Rae Bareli, Amethi and Sultanpur...The people of Amethi are really troubled by the current Member of Parliament, they think they have made a mistake by electing her..." Vadra told news agency ANI. "Even I get requests from Amethi people that if I join politics, I should choose Amethi. I remember, my first political campaign with Priyanka was in Amethi in 1999," Robert Vadra said.

₹3,000 but now, with modification, the cost has been brought down to ₹300. This will help in saving severe anaemic cases and life saving intervention," said Dr Kapil Yadav, a researcher at AIIMS Delhi.