Indian Financial News

19.07 / 09:49

COST Target Aviat Airlines Boeing Metro Indian Sustainable jet fuel tough for Indian airlines: Boeing

Mint. “The airlines are certainly very eager to purchase more SAF, but some Indian airlines are the most price-sensitive anywhere in the world. Therefore, the challenge is to bring the cost of sustainable aviation fuel down because it currently is at 300-500% of traditional jet fuel." SAF is any fuel with properties similar to those of conventional jet fuel, but with lower carbon emissions.

19.07 / 07:07

Aware Racing Pool Indian Flexibility pips salary for Indian jobseekers : Survey

Seven in 10 jobseekers choose flexibility as the top parameter while on the job hunt, shows Indeed’s new survey 'The Job Search Process: A Look from the Inside Out', which aims to gain insights into the preferences, challenges, and aspirations of jobseekers amidst global economic shifts. The report sheds light on the essential aspects sought by jobseekers, highlighting the challenges they face in their job search. For 71% of Indian jobseekers, work flexibility takes the top spot as a crucial parameter.

19.07 / 04:35

FIVE Citizens VISA Mobile Indian index Henley Passport Index 2023: Indian citizens can travel to 57 countries visa free. Check full list here

India has significantly improved its passport ranking by rising 5 spots from last years and is now ranked 80th in the latest Henley Passport Index. Owning to this, Indians can travel to 57 destinations completely visa free or visas on arrival arrangements. However, it is to be noted here that India has scored poorly in mobility.

19.07 / 03:35

Citi Waters CEO Earth Indian This Indian city houses world's largest office where 90% of Earth's diamonds are cut | Watch

diamond industry. Surat has achieved this record where Earth's 90% of the diamonds are cut. According to a report by CNN, the newly-opened Surat Diamond Bourse consists of 15-storey complex, built across more than 35 acres of land.

19.07 / 02:05

Reuters Manufacturing NIFTY Nikkei KOSPI Indian US stocks Gift Nifty, Asian markets gain following rally in US stocks; check out key global cues for Indian stock market

retail sales rose less than expected in June on a fall in building materials and service station receipts. In Asia, according to the Reuters Tankan survey, which measures confidence among large Japanese companies, business sentiment among manufacturers in Japan declined for the first time in six months in July. Also Read: Day trading guide for today: Six buy or sell stocks on Wednesday - July 19 Japan’s Nikkei 225 gained 1% and the Topix rose 0.94%.

18.07 / 19:51

COST Provident Digital Indian Amid supply concerns, Indian crude basket rises 4% in July

New Delhi: The Indian crude oil basket which was largely subdued in May and June has witnessed over 4% increase in its average price in July amid global supply concerns. The average Indian crude basket for July stands at $78.22 per barrel, compared to $74.93 a barrel in June. In May, it averaged at $74.98 a barrel as prices eased amid growing concerns of a global slowdown.

18.07 / 17:11

Provident Manufacturing Indian ‘EBRD will help Indian firms diversify’

Edited excerpts: What kind of private sector participation are you looking for from India? We want to accompany them with their investment in our countries of operation. We are willing to finance investment contracts with Indian companies in sectors like manufacturing, IT services, etc. We have quite a number of projects, so we need to explore.

18.07 / 10:07

Man National Indian Opposition alliance named INDIA (Indian National Democratic Inclusive Alliance)

opposition meeting in Bengaluru decided to name their alliance- INDIA (Indian National Democratic Inclusive Alliance), said RJD & Shiv Sena(UBT). «2024 will be Team INDIA Vs Team NDA,» tweeted Shiv Sena (UBT) leader Priyanka Chaturvedi.

18.07 / 10:07

UPS Aviat Extreme CEO Airlines Indian Indian aviation market has huge potential waiting to be tapped: Top industry experts

aviation market has a «huge potential» waiting to be tapped, and a growing middle-class and a young population usually showing a greater propensity to travel will contribute to its growth, top experts of the industry have said. Besides, privatisation of airports has been a «big boost for aviation», and huge investment is happening in new airports and existing airports in India, said Nipun Aggarwal, Chief Commercial & Transformation Officer, Air India.

18.07 / 09:59

Digital Indian Ajay Banga Is ‘More Optimistic’ About the Indian Economy ‘Now Than In A Long Time’ | Here’s Why

India has got many things right in the last few ye... moreIndia has got many things right in the last few years.

18.07 / 08:37

COST FIVE Digital Google Pool Indian Indian start-up funding drops by 70% in FY23 reveals Redseer report

As per the Redseer’s path to profitability report, the Indian start-up fundings and deals has dropped by 70% in FY23 when compared to FY22. While it experienced a sharp funding peak during FY22 totalling around $50 billion, a gradual onset of funding winter over the subsequent quarters led to a 70% drop in FY23 to around $15 billion.

18.07 / 08:27

UPS Digital Cooper Booking Mobile PwC Indian Indian M&E industry to touch $73.6 billion by 2027: Report

New Delhi: India’s media and entertainment industry is expected to touch $73.6 billion in size by 2027, growing at 9.48% CAGR, according to the Global Entertainment & Media Outlook 2023-2027, a report launched by multinational professional services network PwC (Pricewaterhouse Coopers International Ltd). With new launches from international players and increasing options to pay less, OTT revenue has surged in recent years, expanding a further 25.1% in 2022 to reach $1.8 billion, over six times the revenue of 2018.

18.07 / 07:15

Citi Action Fighting Insignia Indian Marching in Bastille Day Parade tribute to sacrifices of Indian soldiers in World War I, says Captain Aman Jagtap

Aman Jagtap told the rank and file of an Indian Army contingent led by him, shortly before it stepped on the magnificent Champs-Elysees in the heart of Paris to participate in the Bastille Day Parade. An Indian tri-services contingent took part in the historic military parade on July 14, with Prime Minister Narendra Modi as the guest of honour. Three Rafale fighter jets of the Indian Air Force, along with French fighter jets, joined the flypast.

18.07 / 01:45

Ford DOW NIFTY Nikkei KOSPI Indian Gift Nifty trades flat, Asian markets mixed; Check out key global cues for Indian stock market

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — 18th July Japan’s Nikkei 225 rose 0.81% and the Topix gained 0.76%. South Korea’s Kospi eased marginally, while the Kosdaq rose 0.76%. Hong Kong’s Hang Seng index futures were around 35 points higher at 19,450.

17.07 / 17:11

Indian ADNOC to supply gas to Indian Oil

Mint had reported that Indian Oil is in talks with ADNOC for long term contracts of LNG supplies. In another development, IndianOil and TotalEnergies Gas and Power Ltd are set to execute a HoA to establish a long term LNG sale and purchase agreement (SPA). Under this long-term contract valid for 10 years starting 2026, TotalEnergies would supply annually upto 0.8 MMT LNG to IndianOil.

17.07 / 17:01

UPS HSBC PEP Indian Improved US performance to pep up Indian pharma Q1 show

NEW DELHI : The Indian pharma market (IPM), which is estimated to have grown 4.5% year-on-year (y-o-y) in June, will find support from strong performance in the US even as domestic growth rem-ains slow in the June quarter. Analysts at Jefferies India Private Ltd expect strong US but tepid India growth for pharma companies during Q1. In the US, analysts at Jefferies expect sequential improvement for all the major exporters except Cipla.

17.07 / 16:45

Indian Russian oil turns less sweet for Indian refiners

Russian oil due to slimmer discounts and payment troubles and increase their intake of crude from their traditional Gulf suppliers such as Iraq and the UAE, which are willing to offer increased credit periods, a petroleum ministry official said. The discount on Russian oil has now deeply eroded and so it doesn’t make sense to buy much from Russia, said the official, who didn’t want to be named. The official didn’t give details on the current level of discount.

17.07 / 16:13

COST Career Indian Top Indian MBA institutions in QS Global MBA Rankings 2023. Here is the list

The cost of getting an online MBA for enhancing career prospects This year's full-time MBA rankings offer an extensive list of the top business schools to pursue an MBA in seven different career specializations. IIM Lucknow is ranked 33rd, known for its premier business school offering AMBA-accredited long-term programs. Bharatiya Vidya Bhavan’s S.P. Jain Institute of Management and Research (SPJIMR) is ranked in the top 60.

17.07 / 13:45

VISA Platform Racing Mobile LinkedIn Qualcomm Indian Laid off by Qualcomm, Indian techie on H1B visa seeks help finding new job

An Indian senior-level Qualcomm employee, who joined the company just one year ago, and was laid off recently, has took to the social media site LinkedIn to share his ordeal and is seeking help in finding a new job in the US before he runs out of time granted by his H1B visa. It is important to note that the H-1B visa, which allows skilled workers from other countries to work in the US, has time constraints, so these techies are facing a race against time to find new employment.

17.07 / 13:17

UPS Reuters NIFTY SENSEX Indian FII continues buying streak pumping ₹73 crore in Indian stocks; DII invest ₹64 crore; check details

₹64 crore in markets on July 17. As per the NSE data, FIIs cumulatively bought ₹8,286.36 crore of Indian equities, while they sold ₹8,213.36 crore --- resulting in an inflow of ₹73 crore. Meanwhile, DIIs infused ₹7,182.87 crore but offloaded ₹7,118.53 crore, registering an overall outflow of ₹64.34 crore. FIIs have been net buyers of domestic equities for several days in a row, while DIIs have shown a renewed interest in buying Indian stocks.

17.07 / 13:05

Twitter CEO Platform Software LinkedIn Indian Start-up CEO, who got flooded with over 3,000 resumes in 48 hrs, has this to say about Indian job market

job market in doldrums? That’s what Kartik Mandeville, the CEO of an IT startup Springworks, was left wondering after he received over 12,000 resumes in a span of 48 hours, for some remote job roles. Taking to Twitter, the entrepreneur wrote, “ Received over 3K resumes in the last 48 hours just on our website — how bad is the job market?”. He further went on to add that the job postings were not shared on any popular job portals such as LinkedIn, Naukri, and Glassdoor but were only shared on the company website.

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