INDIAN NATIONAL CALENDAR
India Vs Pakistan live in US: How to watch T20 WC Cricket on 'Willow By Cricbuzz'
India vs Pakistan cricket match is one that sees the highest rivalry if you keep the Ashes aside. Even the Aussies and the English's rivalry will falter before these two nation's fierce competition as it is not "just about cricket".
As Modi 3.0 begins, where the economy stands, where it's headed
Narendra Modi is set to begin his third term as PM with a full-strength NDA team, amidst optimism for India's economic future. RBI Governor Shantikanta Das highlighted the country's robust economic growth, strong manufacturing sector, recovering rural demand, and promising investment activity. India's external sector remains resilient, with positive growth prospects ahead.
AI-Vistara merger gets NCLT nod
NCLT approves Air India and Vistara merger, creating India's largest international carrier by year-end. Merger to connect five continents, streamline operations, and integrate workforce and fleet deployments.
Top post office schemes: These 9 small savings schemes offer above 7% interest rate
Post office schemes interest rates: The government has kept the interest rates on small savings plans unchanged for the quarter ending June 30, 2024. Here are nine post office schemes that offer more than 7% interest.
Zypp Electric raises $15 million from Japanese firm Eneos for India expansion
Zypp Electric confirmed funding from Eneos as part of a larger $40 million round. Existing investors like 9unicorns and IAN also participated in the fundraising. The company's revenue increased threefold to Rs 325 crore in 2023-24.
FPIs dump financial services stocks worth $6.6 billion in 2024 as sector looks less rosy
National Securities Depository Ltd (NSDL) data showed foreign portfolio investors (FPIs) sold financial services stocks worth $6.6 billion (₹55,000 crore) since the start of this calendar year, nearly two-and-a-half times total outflows during the same period a year earlier.
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On National Day, Israel Prez Isaac Herzog commends PM Modi's support after Hamas attacks
Israeli President Isaac Herzog praised Prime Minister Narendra Modi for his support following the October 7 Hamas attacks. Speaking during Israel's National Day celebrations in New Delhi, Herzog highlighted the strong democratic values and robust bilateral ties between Israel and India. Modi's quick condemnation of the attacks was noted as standing "on the right side of history." Foreign Secretary Vinay Kwatra reaffirmed India's zero-tolerance approach to terrorism and celebrated the growing India-Israel partnership, emphasizing collaboration in various sectors and the enduring bond between the two nations.
If Modi is re-elected, these sectors will get his most attention
Prime Minister Narendra Modi has pledged to propel India to become the world's third-largest economy if re-elected for a third term. His ambitious 100-day agenda post-election includes prioritizing manufacturing, new-age technology, infrastructure development, and clean energy sectors. The government aims to implement reforms to boost economic growth and attract foreign investment.
Election uncertainty could hurt Indian auto sales in May, dealers' body says
Despite consumer interest, the ongoing elections in India have an influence on automakers' sales. Modi's bid for a third term has unsettled the market. Despite worries about voter turnout, cash constraints, and financial regulations, the auto industry is cautiously confident, as sales growth is supported by steady gasoline prices and celebratory purchases.
Maruti Suzuki reveals recipe for improved export plans in FY25
Indian automaker Maruti Suzuki is targeting nearly 3 lakh exports in FY25, focusing on improving its portfolio abroad. With 283,067 units exported, the company has been India's top passenger car exporter for the third consecutive year. The company has also manufactured over 3 crore automobiles in India. Supporting factors for this outlook include better products, improved portfolio in foreign nations, and talent transfer.
Stock Market Holiday: Are Indian stock exchanges NSE and BSE open for trading today?
Indian stock exchanges NSE and BSE will be closed on Wednesday for Maharashtra Day. MCX will have no morning trading but will resume trading in the evening, while NCDEX will remain shut all day. As per the BSE holiday calendar, trading holidays have been announced on 14 days in 2024.
Discounts, freebies drive in as automakers seek to push sales
Car dealership stock reached an all-time high of 310,000 vehicles at the start of the financial year. This is leading companies into pushing sales by expanding into smaller towns and cities, potentially igniting a price war, multiple car retailers and company executives told ET.
Over 46% office space leases in India by offshoring industry, Knight Frank
India's offshoring market dominates office space leasing, comprising 46% of total leasing in 2023, led by global capability centers (GCCs). With a 26% rise in leasing volume, GCCs are pivotal, fostering over 1,580 centers. India's unique proposition as a high-skill, low-cost market positions it as a global hub for offshoring
Eid 2024: Eid celebrations illuminate Delhi and Mumbai, marking the end of Ramzan
Delhi's Hazrat Nizamuddin Dargah and Nizamuddin Market, along with Mumbai's Mohammed Ali Road, were vibrant with Muslims celebrating Eid-ul-Fitr, marking the end of Ramzan. The iconic Jama Masjid in Delhi also saw a large gathering for prayers. Amidst festive shopping for sweets and clothes, security measures were heightened in Delhi. The sighting of the crescent moon determined the festival's date, with different regions celebrating on different days.
Are Indian stock markets NSE & BSE open today for trading?
Indian stock exchanges closed for Eid, with MCX trading in the evening. There are over ten holidays in 2024, including Ramnavmi in April and Diwali in November.
Eid Al-Fitr 2024 Chand Timings: Here is the full list of Indian cities and their moon rising time
As the world anticipates Eid-Al-Fitr, marking the end of Ramadan, Muslims globally await the crescent moon sighting to confirm the festivities. In India, the moon's appearance on April 9 will determine Eid's date, either April 10 or 11. Chand Raat, signaling the end of Ramadan, holds significance, with celebrations starting upon moon sighting. Across cities, timings for moon sighting vary. Similar observations occur in other nations, emphasizing traditional lunar calendars. Eid-ul-Fitr unites Muslims worldwide, fostering communal prayers, feasting, and charity, embodying shared values and traditions.
Delhi Metro service timings changed for Holi; Check here for details
Delhi Metro services for Holi 2024 will start at 2:30 PM, as announced by the DMRC. Indian Railways is also operating 540 additional train services for the festive season. Holi, celebrated on March 25, 2024, marks the arrival of spring.
IPL: New India Assurance and National Insurance extend major part of a Rs 10,000-crore insurance cover
India's most expensive insurance shield is taken by broadcasters, followed by team owners against player fees. The premiums have gone up by 25% due to the calendar clash with the general elections. Other insurers that write such policies are United Insurance and ICICI Lombard.
PSU bank stocks ride past private sector peers in 2024, but how long will good days last?
Private banks lost to PSBs in 2024 as the latter gave double-digit returns. HDFC Bank saw a correction in share prices, FIIs sold financial stocks, and Goldman Sachs issued a “sell” call on YES Bank. PSU banks rallied, but caution is advised in the sector.
Vivo, Oppo say bye to Chinese 'agents,' bring in Indian ones
Vivo is likely to take up the office spaces currently occupied by the agents and convert them into its own state office, executives said. Oppo has set up such a structure in Delhi as a pilot, replacing its Chinese distributor with an Indian one. This will be rolled out nationally. The company is in the process of appointing Indian distributors in other states, the executives said.
BCCI to conduct women's red-ball tournament in Pune from March 28
The BCCI announces the Senior Inter Zonal Multi-Day Trophy in Pune, marking the return of women's red-ball cricket in India's domestic calendar after six years. This move follows the Indian women's team's return to Test cricket, having played against Australia and England in recent years.
Q3 results this week: Axis Bank, Adani Power, Tata Steel, Tech Mahindra, PNB, YES Bank and others
Here's a look at the upcoming release of December quarter report cards by various companies including Axis Bank, Bajaj Auto, DLF, Tata Steel, Tech Mahindra, Adani Power, JSW Steel, SBI Life, PNB, Macrotech Developers, and YES Bank. Additionally, companies such as Colgate-Palmolive (India), Coforge, Oberoi Realty, Mangalore Refinery And Petrochemicals, Lloyds Metals & Energy, Authum Investment & Infrastructure, Sobha, Karur Vysya Bank, Zensar Technologies, Chennai Petroleum Corporation, Spandana Sphoorty Financial, Tamilnad Mercantile Bank, VST Industries, IIFL Securities, Gensol Engineering, and Oriental Hotels will also be releasing their report cards.
Ayodhya Ram Mandir inauguration: Check date wise full schedule and timings of Pran Pratishtha ceremony
Ayodhya Ram Mandir Inauguration Full Schedule: The 'Pran Pratishtha' ceremony at Ayodhya Ram Mandir, spanning seven days from January 16 to 22, involves various rituals, including a procession carrying the idol of Lord Ram on January 17 and formal rituals on January 18. The final day, January 22, features the consecration of the Ram Lalla deity,
'Indian telcos have enough headroom to increase tariffs'
India's telecom tariffs are among the lowest in the world as a percentage of per capita gross national income (GNIpc), with telcos having the potential to raise prices by at least 1.5x over the next 4-5 years. India's tariffs are the second lowest among countries with a GNIpc of less than $10,000, after Brazil's 0.92%. Analysts predict sharp tariff hikes by telcos like Reliance Jio, Bharti Airtel, and Vodafone Idea in 2024, as they are preparing to roll out their 5G services.
How the Scottish brought a song and new year celebrations to India
New Year celebrations are both arbitrary and secular, with no religious, astronomical, or seasonal basis. The date of Christ's circumcision marks the first time his blood was shed on earth, making it an unofficial event. Scotland played a significant role in the spread of New Year's, as the strict Presbyterian Christian faith in Scotland frowned on Christmas celebrations.
India begins producing 'reference' fuel, joins select league of nations
India has joined the league of nations producing 'reference' petrol and diesel, specialized fuels used for testing automobiles. The move is part of India's self-reliance strategy and will end the country's reliance on imports. Indian Oil Corporation (IOC) has developed these fuels, which have higher specifications, to replace imports and ensure a reliable supply at a lower cost.
A hard look at divestment calendar: Govt may adopt a 'prudent selloff' approach
The finance ministry is likely to adopt a "prudent selloff" approach now, one official told ET, adding there won't be "divestment for the sake of divestment anymore" and the government will remain mindful of the right price for its assets as well as the interests of investors.
Kia India eyes 10 pc sales growth this calendar year
Kia India aims to grow sales by 8-10% in 2023, supported by an increase in chip supplies and the launch of an updated Seltos model. The firm sold a total of 340,000 units across domestic and export markets in 2022. National Head of Sales and Marketing Hardeep S Brar said Kia had surpassed overall passenger industry growth in H1 2023 and hoped to do the same in H2. Brar also revealed Kia is aiming to produce 360,000 to 370,000 vehicles this year, with exports to new markets including the Middle East, South East Asia and Latin America being explored.
Q3 results to track this week: Airtel, LIC, Tata Steel, Zomato, M&M and more
Bharti Airtel, Adani Green Energy, Adani Ports & Special Economic Zone, Ambuja Cements, Hero MotoCorp, Astral, NHPC Ltd. Gujarat Fluorochemicals Ltd. Deepak Nitrite Ltd. Phoenix Mills Ltd. Aditya Birla Fashion and Retail Ltd. Motherson Sumi Wiring India Ltd. GlaxoSmithKline Pharmaceuticals, Navin Fluorine International, Bayer Cropscience, Bharat Dynamics, Ramco Cements, and other domestic companies are set to declare the earnings on Tuesday
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