Economictimes.indiatimes.com

Recent weeks have been dominated by news of strife and armed conflicts. This has led to jitters in foreign flows into Asian equities, impacting India as well. Approximately Rs 25,000 crore has been pulled out by foreign institutional investors from Indian equity markets in April so far.

The Indian government anticipates a decrease in food prices following forecasts of above-normal monsoon rains by the India Meteorological Department (IMD), as stated in the finance ministry's recent monthly economic review. The report highlights expectations of increased crop production due to favorable rainfall.

Looking ahead, as prices are hovering near multi-year highs, there are chances of a technical correction, but such moves are unlikely to set into major liquidation. Since the supply-demand dynamics are supportive of prices, the ongoing positive sentiment will remain intact for the short run.

Saudi Arabia has expanded access to Umrah pilgrimage at the Grand Mosque in Makkah, allowing individuals with any type of visa to participate. The Ministry of Haj and Umrah emphasized the ease of performing Umrah from any location and with any entry visa, including personal, family, transit, labor, and e-visas. Pilgrims are encouraged to use the Nusuk application for Umrah permits and follow designated ritual timings at the Grand Mosque.

The US FDA is investigating Indian spice makers MDH and Everest after Hong Kong and Singapore halted sales of their products due to alleged cancer-causing pesticide levels. The FDA is gathering additional information about the situation, as MDH and Everest are under Indian regulator's scrutiny for quality standards. The spices are popular in India and sold in Europe, Asia, and North America.

The ten-year US yields at 4.67% were around 1% lower Friday; however, yields were up nearly 1% to finish the week higher, whereas the 2-year US yields at 4.99% were up nearly one bps on the week, but down nearly one bps Friday.

Bengal labeled a terrorist safe haven, criticized by Ghosh. Election security needed. Arms linked to Hafizul Khan, Sheikh Shahjahan. Interventions required against goons. International conspiracy involving Rohingya operation mentioned.

Sharp is currently exploring potential locations for the manufacturing setup and has been in talks with state governments in Telangana, Gujarat, and Maharashtra. The company has also expressed its intention to establish the factory in India as a global manufacturing hub, serving key markets worldwide.

National Pension Scheme (NPS): In a master circular dated April 25, 2024 the Pension Fund Regulatory and Development Authority (PFRDA) has specified the charges applicable for point of presence (PoP) under NPS. The full list of all the applicable charges including the maximum and minimum applicable charges can be found here.

The BJP candidate is up against Pratap Bhanu Sharma, a Congressman who won the seat in 1980 and 1984 on the back of the post-Emergency Indira Gandhi juggernaut and later, the sympathy wave caused by her death.

AAP MLA Amanatullah Khan was granted bail by the Delhi Rouse Avenue court on Saturday in a case filed by the Enforcement Directorate (ED). He was released on a personal bond of Rs 15,000 and one surety of a similar amount. The ED had filed a complaint against him for failing to appear before the agency and participate in the investigation regarding alleged irregularities in appointments and leasing of properties in the Delhi Waqf Board.

Cosmic marvels captured by NASA, from red nebula bursts to stellar clusters and the ethereal dance of auroras.

Congress alleges CPI(M) caused voter harassment, EVM glitches in Kerala elections. Turnout dropped to 70.22% from 77.84% in 2019. UDF strong booths affected. Anti-incumbency sentiment present. Legal action planned.

Japanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, Maruti Suzuki Chairman RC Bhargava revealed. Speaking to reporters after the announcement of Maruti's Q4 earnings on Friday, Bhargava highlighted that the costs of the technology used in Toyota hybrids are still high, resulting in expensive cars. He emphasized the need for a cost-effective hybrid car and mentioned that Suzuki Japan is developing smaller hybrid car technology.

Japanese auto giant Suzuki is working on smaller hybrid cars that will offer much better mileage than the current cars, Maruti Suzuki Chairman RC Bhargava revealed. Speaking to reporters after the announcement of Maruti's Q4 earnings on Friday, Bhargava highlighted that the costs of the technology used in Toyota hybrids are still high, resulting in expensive cars. He emphasized the need for a cost-effective hybrid car and mentioned that Suzuki Japan is developing smaller hybrid car technology.

RupeeRedee is looking to provide better financial flexibility and access to higher credit.

Yemen's Houthi rebels have caused minor damage to a Panama-flagged oil tanker traveling through the Red Sea, following an uptick in attacks since a relative lull in their campaign over Israel's war on Hamas in the Gaza Strip. The rebels fired three missiles, one of which damaged the tanker. The attack occurred off Mocha, Yemen, near the Bab el-Mandeb Strait, which connects the Red Sea to the Gulf of Aden. The Houthis have launched more than 50 attacks on shipping, seized one vessel, and sank another since November.

AI and technology advancements threaten 400 million jobs globally, impacting India's IT sector. Addressing rising unemployment requires skill evolution and innovative educational approaches to prepare for the future workforce demands.

Icahn adopts a patient outlook on investing, adhering to the value-investing methodology.

Digital processes like loan monitoring, customer segmentation, and communication are being developed and improved to enhance the debt recovery efforts of digital lenders.

Congress criticizes BJP's double standards on 2G spectrum, accusing Modi government of seeking SC approval for non-auction allocation after condemning UPA's administrative allocation as a scam.

In the large cap segment, 15 companies witnessed significant block deals on the screen which were worth Rs 6,046 crore led by Kotak Mahindra Bank with 29 block counts, totalling to Rs 1,310 crore.