Indian Financial News

Singapore, Australia, France, and Sweden are witnessing an increasing volume of score reports from Indian TOEFL test takers and emerging as new destinations of interest, according to the Educational Testing Service (ETS). The top two destinations for TOEFL test takers in India since 2017 have been the United States and Canada. Till 2019, Germany was at the third spot and the UK at the fourth spot. However, from 2020 onwards, the two countries have switched positions. «While the top five countries chosen by Indian TOEFL test takers have remained nearly consistent over the last 5-6 years. Apart from the top destination countries, emerging countries for Indian test takers include Singapore, Australia, France, and Sweden. These countries have seen an increasing volume of score reports from Indian test takers,» Sachin Jain, the Country Manager of ETS India and South Asia, told PTI. The Princeton-based ETS, which conducts the Test of English as a Foreign Language (TOEFL) and Graduate Record Examination (GRE), said the trend reflects shifting aspirations of people.

IQuest Enterprises, a multi-sector investment company, on Monday said it has entered into a definitive agreement to acquire the API (active pharmaceutical ingredient) operations of global pharmaceutical major Viatris in India.A press release from IQuest said it emerged as the preferred investor following a global competitive bid.

Amazon Great Indian Festival Sale, the Honor 90 will be available at a discounted price of ₹29,999. This includes a bank discount of ₹4,000 on the selling price of ₹33,999. Notably, these prices have been lowered down from the MRP ₹47,999.

₹79,900. The iPhone 13 is currently priced at ₹59,990 for the 128GB storage variant, ₹69,990 for the 256GB storage variant and ₹89,990 for the 512GB storage variant. Notably, iPhone 13 is already available at a discounted price of ₹52,499 on Amazon for the 128Gb version.

iPhone 13 will be available below Rs 40,000 during the sale. Currently priced at Rs 59,900 for the 128GB storage variant, Rs 69,900 for the 256GB variant, and Rs 89,900 for the 512GB variant, this jaw-dropping discount shaves off a whopping Rs 20,000 from the original price. Amazon's detailed deal breakdown assures customers that the final deal price is expected to be even lower than the listed Rs. 59,900. But that's not all.

In percentage terms, sales rose by a modest 2% during the month, hemmed in by a high year-earlier base which saw robust post-pandemic pent-up demand. Companies mostly report wholesale dispatches from plants to dealerships and not retail sales to customers. While demand for sport-utility vehicles remained robust amid a spate of new launches, there continued to be some pressure on sales on entry-level cars. Senior industry executives, however, are optimistic that the demand momentum will sustain and lift sales across segments this festive season. Shashank Srivastava, senior executive officer (marketing and sales) at market leader Maruti Suzuki said monthly sales of passenger vehicles reported the best-ever performance for the ninth straight month in September. Half yearly sales too crossed the two-million mark for the first time as consumer demand remained buoyant.

finance and corporate affairs are at an advanced stage of firming up a much-awaited framework for direct listing of Indian companies abroad, which could be introduced later this financial year, said people with knowledge of the matter. The move would set the stage for unicorns and other entities to have easier access to a larger pool of foreign capital, they said, adding that it could also encourage a greater number of startups, with Indians at the helm, to incorporate within the country instead of jurisdictions like Singapore. Initially, the framework will be used to allow direct listing at the International Financial Services Centre (IFSC) at Gujarat's GIFT City. Subsequently, it will govern listings in other jurisdictions as and when the government decides to allow that, the people told ET. «The capital markets division of the Department of Economic Affairs (DEA) and the Ministry of Corporate Affairs (MCA) are firming up rules that will act as an enabler of the direct listing process.

Asian Games 2023: Avinash Sable successfully became the first Indian man to win gold medal for the country in the 3000m steeplechase event at the Asian Games 2023 in Hangzhou, China. Avinash Sable broke the previous Asian Games record as he completed the race in 8:19.50 seconds. Iran's Hossein Keyhani held the previous record of 8:22.79 seconds which he completed in Asian Games 2018.

Samsung Galaxy S23 5G (8GB RAM, 256GB Storage) is currently priced at ₹79,999 instead of ₹95,999. Customers can avail an additional flat ₹5000 instant discount on SBI credit card transactions. Furthermore, interested buyers can reduce the price on this deal by exchanging their old devices for a value of up to ₹37,500.

Avinash Sable on Sunday became the first Indian man to win a gold medal in 3000m steeplechase at the Asian Games. The 29-year-old national record holder thus earned India its first gold medal in athletics at the ongoing Games, completing the race in 8:19.50 seconds. Sable rewrote the previous Asian Games record of 8:22.79 held in the name of Iran's Hossein Keyhani set at the 2018 Jakarta Games.

Click here! He said the initiative is being undertaken to improve punctuality and turnaround time. “It is a unique concept and happening for the first time in the Indian railways," the railway minister said. Over 200,000 lakh people participated in around 2,050 activities involving 685,883 man-hours, according to the railways.

Great Indian Festival Sale 2023, the online retail platform has revealed a selection of offers known as "kickstarter deals." Here's a list of some of the gadgets available at significant discounts during the Amazon Great Indian Festival Sale 2023 – Kickstarter deals. Samsung Galaxy S23 Ultra The e-commerce giant is presently providing discounts of up to 17 percent on all variants within the Samsung Galaxy S23 series, including the Samsung Galaxy S23 Ultra. The Samsung Galaxy S23 Ultra is currently priced at Rs.

Aditi Ashok becomes first ever Indian women golfer to win medal at Asian Games, says ‘I am not happy’ The young golfer hoped that her experience at the Hangzhou games could result in a medal for her at the Paris 2024 Olympics. She said, “These type of events are so different from regular golf tournaments. Just being able to have a good performance, living in the athletes' village, playing on a course I've never played before … hopefully having this experience will translate to something good (in Paris), too," Ashok, however, wasn't happy with her performance in Hangzhou on Sunday noting that ‘silver is not better than gold’.

₹16,026cr on 27th Sept while net inflow from DIIs is ₹14,230cr as on 21st Sept. During this month, selling was also noticed at HNI’s desk especially in the mid & small counters. Maybe contemplating to book profit after the solid performance of the category in FY24 during April to August.

₹30,000 on Amazon, ahead of the company's much-awaited Great Indian Festival sale starting on 8 October. Originally launched for ₹99,990, the Macbook M1 is now available at an all-time low price during a 'limited time offer' on Amazon.

Glasgow Gurdwara has «strongly» condemned the incident, where Indian High Commissioner to the United Kingdom, Vikram Doraiswami was stopped from attending a planned interaction at the religious site on Saturday, Calling the incident «disorderly behaviour» by unknown individuals outside the Glasgow area, it further added that the Gurdwara is open to people from all communities and backgrounds. «An incident occurred on 29 September 2023 at Glasgow Gurdwara where the Indian High Commissioner was on a personal visit, facilitated by a member of Scottish Parliament. Certain unknown individuals from outside the Glasgow area attempted to disrupt this visit, following which the visiting party decided to leave the premises,» the statement by Glasgow Gurdwara Guru Granth Sahib Sikh Sabha stated. It further said that the «unruly individuals» continued to disturb the congregation, adding that the Scotland Police has taken cognizance in the matter. «Glasgow Gurdwara strongly condemns such disorderly behaviour to disrupt the peaceful proceedings of a Sikh place of worship.

Scotland Gurdwara termed the incident, saying that it is open to people from all communities and backgrounds, ANI reported. In an official statement, Glasgow Gurdwara Guru Granth Sahib Sikh Sabha said, “An incident occurred on 29 September 2023 at Glasgow Gurdwara where the Indian High Commissioner was on a personal visit, facilitated by a member of Scottish Parliament." "Certain unknown individuals from outside the Glasgow area attempted to disrupt this visit, following which the visiting party decided to leave the premises," the statement read. It further said that the “unruly individuals" continued to disturb the congregation, adding that the Scotland Police has taken cognizance of the matter, as per ANI reports.

Textile Industry (CITI) on Friday has elected Rakesh Mehra as Chairman, Ashwin Chandran as Deputy Chairman and Dinesh Nolkha as Vice Chairman for two years- 2023-2025. The decision was made during the organisation’s 65th Annual General Meeting (AGM), held virtually. In a statement, the apex body of textile industry said that Dinesh Nolkha has been elected as the vice-chairman at the 65th annual general meeting. Mehra is the chairman of Banswara Syntex, an integrated textile manufacturer and exporter of yarns, fabrics and garments, having a turnover of Rs 1,400 crore, CITI said. He expressed his commitment to fostering collaborative and inclusive initiatives for the overall growth of the textile sector. Reflecting on the industry’s recent challenges, outgoing Chairman T Rajkumar acknowledged the sector’s resilience, citing a 4.33% growth in the country’s cumulative exports of textiles and apparel in August compared to the previous year. India aims to clock $350 billion in apparel and textiles market size including $100 billion exports by 2030.

German ambassador to India Dr Philipp Ackermann took to microblogging site ‘X’ to flag a false advertising which talks of a "Mega gathering of India's Leading Boarding Schools", but features an image of the Bellevue palace in Germany - the Indian equivalent of the Rashtrapati Bhavan. The image that was posted in a newspaper showed the German President's house and mentioned it was India's national capital Delhi. Ackermann in a rather sarcastic way pointed out the discrepancy and said no child would be admitted to the presidential palace.

Asian Games along with the men's and women's pairs, here on Saturday. Niraj topped the canoe single 1000m semi-final by clocking 4:31.626s after missing the final qualification in heat 1, where he managed a time of 4:25.162 seconds. Taipei's Kuan-Chieh Lai emerged the winner by clocking a blistering 4:02.431s.

₹14,768 crore worth of Indian equities and offloaded a total of ₹13,810 crore as of September 29, taking into account debt, hybrid, debt-VRR, and equities, according to National Securities Depository Ltd (NSDL ) data. The ₹14,768 crore-figure also includes bulk deals and investment in primary market.