Information Financial News

28.03 / 13:37
Provident WhatsApp trends information reports International Cabinet approves Rs 37,216 cr subsidy on phosphatic, potassic fertilisers
The budgetary requirement for the Kharif season will be Rs 37,216.15 crore, Information and Broadcasting Minister Ashwini Vaishnaw told reporters here. The minister said the government has ensured that the retail prices of DAP (Di-ammonium phosphate) remain at the present level.
28.03 / 12:57
markets UPS Provident MET Assurant information Surat diamond workers call for strike on March 30
Surat diamond workers have given a strike call on March 30 if the Gujarat government fails to address their long-standing issues, which include a n increase in salaries, a financial package for the workers and an announcement of the Ratandeep scheme for the unemployed diamond workers, who have been laid off due to a slowdown in diamond demand in the global markets in the last two yeas. The strike call on March 30 may impact the cutting and polishing of diamonds worth Rs 500 crore. Bhavesh Tank, vice-president of the Diamond Workers Union, Gujarat, said «We had sent a letter to the Chief Minister of the state through the Surat Collector informing him about the situation pitiful condition of the diamond workers. We had asked that their salaries should be increased and a Gem Artist Welfare Board should be formed. We had demanded that a financial package should be announced for the workers.» The union has demanded a 30 per cent salary hike and formation of a committee for increasing the salary on a periodic basis. There are 4,000 diamond-cutting and polishing units in Surat, which employs around 8 lakh people. India cuts and polishes nine out 10 diamonds available in the global markets.
28.03 / 07:13
BLOCK Reuters Tesla Southern show information Courts India criticises X for calling compliance website a censorship tool
Elon Musk's X for wrongly labelling as a «censorship portal» an official website that allows tech companies to be notified about harmful online content, court papers reviewed by Reuters showed on Friday. The lawsuit marks an escalation in a legal dispute between X and the government of Prime Minister Narendra Modi over how it orders content to be taken down, at a time when Musk nears the launch in India of his other key ventures, Starlink and Tesla. The comments came in a rejoinder to X's new lawsuit filed on March 5 in the southern state of Karnataka seeking to quash the government's website initiative.
28.03 / 04:21
Target Manufacturing pandemic Trade electronic information Updates HAL shares rise 2% after revising Tejas Mk1 contract to Rs 6,542 crore amid delays
Hindustan Aeronautics Limited (HAL) shares rose by 1.7% in early trade to Rs 4,234.95 on the BSE on Friday after the company officially amended its contract with the Indian Air Force (IAF) for the delivery of Light Combat Aircraft (LCA) Tejas Mk1 Final Operational Clearance (FOC) fighter jets. The original contract, signed on December 23, 2010, was valued at Rs 5,989.39 crore. Due to revisions in the delivery schedule, the contract’s value has now been updated to Rs 6,542.20 crore.
28.03 / 04:09
security Mobile WhatsApp community information SOLIDARITY Security forces arrest militants linked to valley-based outfits from Manipur's Imphal West & Imphal East
Two members of the banned People’s Liberation Army were apprehended from Dingku Road area in Imphal West on Wednesday while two members of the outlawed PREPAK (Pro) were held from Top Makha Leikai in Imphal East on Tuesday. An active cadre of Kanglei Yawol Kanna Lup organisation was nabbed from Takhel Mamang Leikai area of Imphal East on Wednesday. Sharing the information on X, the Manipur Police said, “On March 26, 2025, Manipur Police arrested one active member of KYKL organisation from Takhel Mamang Leikai near the foothill under Lamlai-PS, Imphal East District, namely, Naorem Naren Meitei. The following items were seized from his possession: one mobile handset, one black wallet containing Rs 500 and one Aadhaar Card and one two-wheeler.” The police further said, “On March 26, 2025, Manipur Police arrested two active members of RPF/PLA organisation, Thangam Surankumar Singh and Chingakham Langol Singh from Dinku Road under Lamphel-PS, Imphal West District. The arrested persons are directly involved in extortion activities in and around Imphal areas. From their possession, the following items were seized: two two-wheelers, four mobile handsets, two wallets and a sum of Rs 3,500.” Manipur is currently under President’s rule. In Manipur, at least 258 people have been killed and over a thousand people injured in the ethnic violence between the tribal Kuki-Zo and the non-tribal Meitei people since May 3, 2023. More than 60,000 people have been displaced from their homes and villages who are staying in relief camps in different districts.
28.03 / 04:09
Landmark Align awards WhatsApp performer information Force Motors shares surge over 7% on bagging defence order for 2,978 vehicles
Force Motors surged 7.5% to their intraday high of Rs 9,444.85 on BSE on Friday after the company announced that it has won a major contract to supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces. “We are pleased to inform you that the company has signed a landmark contract for an order of 2,978 vehicles from the Indian Defence Forces, specifically from the Directorate General of Capb, Devp (CD-13/14) General Staff Branch, IHQ of MoD (Army), New Delhi,” the company said in its press release.
28.03 / 04:09
Cooper cover social information reports Courts Videos Assam CM says online news portal workers not recognised as journalists
Assam Chief Minister Himanta Biswa Sarma on Thursday reiterated that individuals working for online news portals are not officially recognized as journalists under state government rules. His statement followed the arrest of a Guwahati-based journalist, Dilwar Hussain Mozumder, who was detained under the Scheduled Castes and Scheduled Tribes (Prevention of Atrocities) Act. A Guwahati court granted Mozumder bail on Wednesday, but he was arrested again in another case the next day. The Chief Judicial Magistrate’s Court (Kamrup) confirmed that multiple cases were registered against him. Sarma, in a statement on X, clarified, “It has come to my notice that some media houses have reported the arrest of a journalist by Assam Police. I would like to clarify that Assam Police has not arrested any journalist in recent times.” He emphasized that the Directorate of Information and Public Relations (DIPR) does not recognize individuals from online news portals as journalists. “He works for a portal, and we do not recognize people working for portals as journalists. In Assam, no individual employed by a portal is recognized as a journalist. I believe he is just an individual, and there are speculations that he is a businessman. He owns dumpers and operates as a part-time journalist for a portal. The portal in question is a politician-promoted,” Sarma said. The journalist had gone to the Assam Cooperative Apex Bank (ACAB) to cover a protest regarding alleged irregularities in recruitment. A video shared on social media showed him questioning the bank’s managing director, Dambaru Saikia, who refused to respond.
28.03 / 04:09
Manufacturing country exclusive inclusion information recommendations International Samvardhana Motherson shares rise 4% as company sees limited impact from US tariffs
Samvardhana Motherson International Ltd (SMIL) advanced 3.8% to their intraday high of Rs 137 on the BSE after the company stated that the recently announced US tariffs on imported products, including automotive components, are not expected to materially impact its financials at present. In a regulatory filing on Thursday, SMIL informed exchanges that a significant portion of its products supplied to U.S. customers are either manufactured domestically within the U.S. or are compliant with the United States-Mexico-Canada Agreement (USMCA). Based on this, the company has assessed that the Executive Orders issued by the U.S. government imposing tariffs are unlikely to have a significant financial effect.
28.03 / 01:35
Immunic Research show country information International Vaccines Soft power show: Govt upgrading its vaccine storage infrastructure to aid other countries
Subscribe to enjoy similar stories. New Delhi: In a show of soft power, India is upgrading and expanding it vaccine storage infrastructure into an international centre to handhold other developing countries in harnessing the global immunization supply chain. The expansion of the National Cold Chain and Vaccine Management Resource Centre (NCCVMRC) into an International Centre for Excellence in Immunization and Supply Chain will be done in phases.
27.03 / 20:47
MET Fox security Photos information reports Mike Waltz's photo with The Atlantic editor Jeffrey Goldberg goes viral, could there be more to the Signal chat leak case than meets the eye?
National Security Adviser Mike Waltz has come under fire after a sensitive information was unintentionally leaked to The Atlantic's editor-in-chief, Jeffrey Goldberg, as per reports.
27.03 / 18:01
COST UPS Digital economy information Most of India is still ATMnirbhar
ATM interchange fees, which RBI announced earlier this week, is that growth in the segment is slowing down precipitously. Interchange fees are what banks pay each other for the use of ATMs. The change takes place from May 1.
27.03 / 18:01
Provident WhatsApp Cycling country information International India offered $3.73 bn loans to 6 partner countries during 2022-2025, Parliament told
Lines of Credit and Concessional Financing Scheme, through a lending bank to six partner countries during January 2022-January 2025, the Parliament was informed on Thursday. Minister of State for External Affairs Kirti Vardhan Singh said this in a written response to a query in Rajya Sabha. The Ministry of External Affairs was asked the details of foreign aid, developmental assistance, and loans provided by India to other countries between January 2022 and January 2025. «Government of India has offered new loans, under the Lines of Credit (LOCs) and Concessional Financing Scheme (CFS), through a lending bank to six partner countries during January 2022-January 2025. »The total amount of loans offered to these partner countries during the above-mentioned period stands at over USD 3.73 billion. This excludes disbursements for ongoing projects under earlier LOCs," the minister said. The MEA was also asked the details of foreign aid, developmental assistance, and loans received by India from other countries between January 2022 and January 2025.
27.03 / 16:57
Action stage information recommendations Investigations SIT probes Pakistani national's payments to Indian, says Assam CM Himanta Biswa Sarma
Himanta Biswa Sarma the SIT which is investigating the nefarious network of Pakistani national Ali Tauqeer Sheik, is scrutinising records to examine how and why he was paying salary to an individual based in India. Sarma said, “The SIT which is investigating the nefarious network of Pakistani national Ali Tauqeer Sheik, is scrutinising records to examine how and why he was paying salary to an individual based in India. SIT is in possession of evidence. The person based in India was receiving salaries for two or three years. The SIT will take another two months and by September we will conclude the investigation.” He added, “After that we will decide if we will recommend revocation of the visa of that individual or recommend other action as per law. The investigation so far establishes strong links with the Pakistani establishment.” Sarma earlier had hinted that the ongoing probe into alleged links between a Pakistan-based official and “certain individuals” in India may see involvement of Interpol. After Assam Police formed an SIT to investigate a case registered with Assam CID against a Pakistani national Ali Taqueer Sheikh who works with a climate action group – CDKN, Sarma had said government SIT has found that Seikh has come to India 18 times and SIT has got some initial leads which might lead to facts which will be starting, huge and fatal.
27.03 / 16:57
UPS IPO Provident Reuters information reports What's wrong with Nvidia-backed cloud services provider? Report claims CoreWeave plans to reduce US IPO
CoreWeave plans to reduce the size of its U.S. initial public offering and price the shares below range, a person familiar with the matter told Reuters on Thursday, as per a report. The Nvidia-backed cloud services provider is now looking to sell 37.5 million shares and price them below the range at $40 apiece, the source added, requesting anonymity discussing confidential information. The sale would fetch up to $1.5 billion, Reuters reported. The listing is being closely watched as a test for the fragile U.S. IPO market and a gauge of whether investor enthusiasm for AI newcomers remains strong or is waning. CoreWeave and some existing investors had initially aimed to sell 49 million shares in the offering priced between $47 and $55 each to raise as much as $2.7 billion. The company did not immediately respond to Reuters' request for comment.
27.03 / 11:53
UPS Provident Digital show information reports prevention Scammers pose as police, trick 78-year-old into losing Rs 13 lakh life savings in digital heist
scammers posing as police officers, who extorted Rs 13 lakh from him, reported TOI. The fraudsters falsely accused him of money laundering and threatened his arrest within two days. Ratan Singh, an English teacher at a coaching centre and resident of Pandav Nagar, described the harrowing experience in his complaint. It all started on December 19 when he received a call while preparing tea before heading to work. The caller warned that his phone number would be disconnected within two hours. The call was then transferred to someone impersonating a policeman, who handed it over to a person claiming to be a Deputy Commissioner of Police (DCP). “They created a scene that made me believe the call was legitimate. Then the torture began,” Ratan recounted, said the report. The scammers escalated the situation by telling Ratan he was implicated in a money laundering case. They claimed his property would be sealed, and he would be arrested within two days unless he complied. They instructed him to provide his bank details, including the balance in his accounts, and demanded that he transfer his money to their accounts to avoid arrest and property confiscation. According to TOI, to heighten the pressure, the scammers told Ratan he was under surveillance and asked for personal information, including his location and battery percentage. They warned him not to inform anyone, threatening to seize his house if he did. Fearing the repercussions, Ratan did not tell his wife or daughter about the calls.
27.03 / 10:37
Reuters ByteDance NVIDIA Trade information reports International China's H3C warns of Nvidia AI chip shortage amid surging demand
H3C, has flagged potential shortages of Nvidia's H20 chip, the most advanced AI processor legally available domestically under U.S. export controls, in a client notice seen by Reuters. The potential supply crunch could create obstacles for China's artificial intelligence ambitions at a time when its tech firms are aggressively expanding their investments in AI. «H20's international supply chain faces significant uncertainties,» the company said in Tuesday's notice, adding that current inventory was nearly depleted.
27.03 / 08:51
markets Booking security Research trends Trade information BFSI and IT halt 7-day bull run; banks and financials remain market’s best turnaround bets —here’s why
On Wednesday, the BSE Bankex index closed 1% lower, having rallied 7.7% in the previous seven sessions. Meanwhile, the BSE Information Technology index also dropped by over 1% in the last session, following a 4.7% surge between March 17 and 25.
27.03 / 08:27
Provident WhatsApp show information reports Adani starts getting regular payments from Bangladesh, restores power supply
Indian billionaire Gautam Adani’s power generation unit resumed full electricity supply to the nation, four months after halving the feed over unpaid dues. “We’re making regular payments to Adani and receiving power as per our requirements,” Rezaul Karim, chairman of Bangladesh Power Development Board, said on Thursday. He didn’t specify the quantum of payments and whether past arrears have been cleared. Data from BPDB shows Adani increased power supply more than two weeks ago.
27.03 / 06:15
markets trends Trade track Inside information Headlines How to spot the next Gensol before it’s too late
Subscribe to enjoy similar stories. If you’ve taken a ride in one of those blue-and-white BluSmart EVs at Delhi airport, you might not have guessed its link to a stock that’s been making headlines for all the wrong reasons. Gensol Engineering, tied to BluSmart through its common promoter Anmol Jaggi, has seen its stock crash nearly 80% from its peak amid allegations of falsified debt records.
27.03 / 02:53
UPS Compilation Research information OpenAI close to finalizing its $40 billion SoftBank-led funding
OpenAI is close to finalizing a $40 billion funding round led by SoftBank Group — with investors including Magnetar Capital, Coatue Management, Founders Fund and Altimeter Capital Management in talks to participate, according to people familiar with the matter. Magnetar Capital — an Evanston, Illinois-based hedge fund — could contribute up to $1 billion, according to multiple people, all of whom asked not to be identified because the information is private. Representatives for OpenAI, Magnetar and Founders Fund declined to comment on the funding round. Coatue and Altimeter did not immediately respond to requests for comment.

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