Indian Financial News

27.07 / 10:39

Provident Twitter Target Platform Action country Indian audit Delhi High Court calls for periodic audit of safety, security in Indian Railways

Railways, the Delhi High Court said on Thursday, as it asked the state-run transport behemoth to ensure periodic audit of safety measures on trains and at railway stations. The high court's order came while disposing of a petition filed by lawyer Kush Kalra, seeking safety and security measures like baggage scanners, hand-held metal detectors and CCTV cameras at all railway stations in the country and installation of anti-collision devices.

27.07 / 10:01

performer Indian Indian Bank Q1 Results: Net profit rises 41% YoY to Rs 1,709 crore

Indian Bank on Thursday posted a 41 per cent increase in net profit at Rs 1,709 crore in the April-June quarter, mainly due to decline in bad loans. The Chennai-based lender had posted a net profit of Rs 1,213 crore in the year-ago period.

27.07 / 07:59

UPS Digital Ripple AXY CEO TCS Fed rate hike Indian Fed rate hike: What does hawkish interest hike view mean for Indian IT players - Explained

US Federal Reserve raised its benchmark lending rate on Wednesday (July 26) to the range of 5.25 per cent - 5.50 per cent, the highest level since 2001, and also signalled that the war against inflation will stretch, with a possibility of further increases ahead. Federal Reserve Chair Jerome Powell said it is possible the central bank will follow its latest rate rise with another one at the policy meeting scheduled for September, or it may even take a pause, depending on the macro data.

27.07 / 07:09

COST UPS Provident Aware Indian share price M&M share price tanks after RBL Bank's clarification to Indian exchanges

₹1,438.35 on NSE, logging around 7 per cent within fe3w minutes of stock market's opening bell on Thursday. Indian auto major had informed Indian bourses about 3.53 per cent stake buying in the RBL Bank. But, some section of the media reported that M&M stake in RBL Bank has gone close to 5 per cent.

27.07 / 07:09

UPS Lowe's track Indian Rising inflation continues to impact Indian households: Kantar

New Delhi: Indian households continue to feel the strain of high inflation, with households most vulnerable to price hikes reporting a significant reduction in purchase of products like jams, ready-to-cook foods, floor cleaners and soft drinks, according to recent household data released by Kantar. The data reveals that households most affected by inflation are buying less kilogram of daily goods compared to others and are making frequent trips to the grocery store as they struggle to manage their monthly budgets effectively.

27.07 / 07:01

Lowe's NIFTY SENSEX Drop Indian Indian Oil Corp. shares drop 0.37% as Sensex falls

The stock quoted a 52-week high of Rs 101.44 and a 52-week low of 65.2. About 387,309 shares changed hands on the counter so far.

27.07 / 04:51

UPS Provident Career Indian This Indian state announces year-long maternity leave, one month of paternity leave for govt employees

maternity leave and one-month paternity leave to its employees to help them better take care of their families and children during that period, Chief Minister Prem Singh Tamang announced on Wednesday. Addressing the annual general meeting of the Sikkim State Civil Service Officers' Association (SSCSOA), CM Tamang said that changes will be made in the service rules to provide the benefit. “This benefit will help the government employees to take better care of their children and families." He stated that the details of it will be notified soon, according to a report published by the news agency PTI.

27.07 / 04:47

UPS Digital CEO LinkedIn BlackRock country Indian Returns Financial BlackRock returns to India, joining forces with Indian tycoon Mukesh Ambani's financial arm

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27.07 / 04:39

SUN country Inside exclusive Indian Mangoes ₹3 lakh per kg? This Indian farmer grows world's 'most expensive' mango in his orchard

₹2.5 lakh to 3 lakh per kg in the international market for its unique taste and food value. Bhoi has been growing different breeds of mangoes on his farmland. He sowed the 'Miyazaki' variety in his orchard after he sourced its seed through the state horticulture department.

27.07 / 02:21

UPS BLOCK awards performer song Indian hockey Indian men's hockey team records 1-1 draw with Netherlands

hockey team came up with a valiant performance against the Netherlands, which recently won the FIH Hockey Pro League 2022-23 title, to record a 1-1 draw in an intensely-fought match here at the ongoing 100th Anniversary Spanish Hockey Federation — International Tournament on Wednesday. India had lost to the hosts Spain in their opening game, but they bounced back today with an impressive performance. In-form captain Harmanpreet Singh scored India's lone goal in the 12th minute, and Jasper Brinkman equalised the score for the Netherlands in the 40th.

27.07 / 01:41

VISA Action Limelight Indian US: Indian student loses bag, certificate in robbery, found starving on streets in Chicago

A Hyderabad woman pursuing a master's degree in the US was found starving on the streets of Chicago. The student, who was studying at TRINE University in Detroit, Chicago but, lost her bags, certificates during a robbery and was then left to starve on the streets. Her mother, Syeda Wahaj Fatima said, “My daughter had gone to the US for her masters in 2021.

27.07 / 01:41

UPS Target NIFTY Nikkei KOSPI Fed rate hike Indian Gift Nifty, Asian markets to US Fed rate hike - key triggers for Indian stock market today

US Federal Reserve raised interest rates to their highest level in over 22 years while keeping the doors open for another rate hike. The US Fed hiked interest rates by 25 bps to a target range of 5.25-5.5%, on the expected lines, bringing US benchmark funds rate to the highest level since 2001 to tackle sticky, high inflation. The Fed chair Jerome Powell also hinted at a possibility of further increases, going ahead.

27.07 / 00:37

UPS Citi Digital CEO Platform social Indian play Indian edtech companies eye larger offline play in post-pandemic world

hybrid approach as the way forward in a post-pandemic world. Companies including Physics Wallah, Unacademy, BrightChamps, Vedantu, UpGrad and Simplilearn are either increasing or building their offline presence as students now want the best of both worlds – online and offline. The edtech sector scaled record highs during the pandemic as education moved online, but has since been among the worst affected in terms of funding and layoffs, particularly in the tuition, K12 and test-prep segments.

27.07 / 00:37

Facebook UPS Platform Instagram country social Indian International Now, international platforms wooing Indian gamers with ‘No GST’ messages

Platforms such as winbuzz.com and gamer777.com have roped in micro-influencers to reach out to Indian gamers. They are offering these influencers up to Rs 1,000 per post on social media platforms such as X (Twitter), Instagram and Facebook, asking users to switch to their platforms, ET has learnt. “They (offshore players) are taking advantage of the fact that gaming companies are in a Catch-22 situation right now as far as GST is concerned,” a senior executive at an Indian gaming company told ET.

26.07 / 18:37

CBDC Adoption Investments Survey Indian Support Chinese, Indian investment professionals show strong support for CBDC in new survey

The CFA Institute, the professional association that provides Chartered Financial Analyst credentialing, surveyed its members on their perceptions of central bank digital currency (CBDC), saying it wanted to examine the demand-side outlook on the financial technology.

26.07 / 18:13

country Indian Centre First Aadhaar enrolment centre for Indian Army via Army Postal Service inaugurated in Delhi

Aadhaar Enrolment Centre (PAEC) for Indian Army has been inaugurated in New Delhi, an official statement said on Wednesday. The PAEC will facilitate Aadhaar-related services (enrolment and updation) for tri-services personnel (Defence and civil) and their dependents through their Field Post Offices (FPO) in 48 identified locations in the country.

26.07 / 17:47

Provident Aviat Airlines show country Indian Time How first-time flyers give wing to Indian aviation

NEW DELHI : State-owned Airports Authority of India (AAI), India’s largest airport operator, followed a set formula of having one Indian toilet for every 10 western ones at its aerodromes. That, however, changed after the onset of the pandemic, as its headquarters in New Delhi received numerous requests from many heads of airports across the country asking for that criterion to be relaxed.

26.07 / 15:01

Cooper Mercantile restrictions Indian RBI extends restrictions on Indian Mercantile Cooperative Bank till Oct 2023. Details here

₹1 lakh on withdrawals. The RBI had in January 2022 directions restricted the Indian Mercantile Cooperative Bank to grant or renew any loans and advances, make any investment without prior approval of RBI in writing.

26.07 / 14:18

show Indian PUMP FIIs pump ₹922 crore in Indian stocks; DII invest ₹470 crore on July 26; check details

₹470 crore in markets on July 26. As per the NSE data, FIIs cumulatively bought ₹8,700.87 crore of Indian equities, while they sold ₹7,778.03 crore --- resulting in an inflow of ₹922.84 crore.

26.07 / 11:41

Provident FIVE Manufacturing CEO Airlines Boeing country boost Indian Air India aims to boost Indian cargo ecosystem, eyes 300% growth in 5 years

Air India has placed orders for wide-body aircraft of 34 A350-1000, six A350-900, 20 Boeing 787 Dreamliner, and 10 Boeing 777X wide-body aircraft, thus bolstering India’s cargo ecosystem, the airline announced on Wednesday. “At Air India, we see a huge potential in the air cargo industry, which the Indian Government plans to grow to 10 million tonnes by 2030.

26.07 / 09:09

UPS FIVE Aware Action cover Indian youtuber Indian YouTuber gets I-T notice with ₹2.6 crore dues; then he finds THIS: Report

income-tax department. The successful operator of a YouTube news portal for the past four years, Singh received a substantial notice demanding a staggering ₹2.6 crore in alleged dues. With an average monthly income of ₹20,000 from his YouTube channel, Singh says he was taken aback when he first received the notice in October 2022, The Economic Times reported.

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