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Company / The Economic Times

Centre to evaluate PM KISAN scheme to assess its impact on farmers

To be undertaken by the Development, Monitoring and Evaluation Office of NITI Aayog, the evaluation is being done to understand the success of the scheme in supplementing the financial needs of the farmers, its impact on farm income and the extent to which it has reduced dependence on moneylender. The scheme costs the government Rs 60,000 crore a year.

18 May 2024 3:04 pm
Southwest Monsoon likely to advance into South Anadaman Sea around Sunday: IMD

The India Meteorological Department forecasts the Southwest Monsoon in South Andaman Sea, Southeast Bay of Bengal, and Nicobar Islands. Heavy rainfall expected in Peninsular India. Heatwave conditions continue in Northwest, East, and Central India with alerts for multiple states.

18 May 2024 3:03 pm
Tech View: Nifty forms Piercing Line candle on weekly charts. What should traders do next week

Nifty is expected to move towards the upper range of 22800 levels in the next 1-2 weeks. Immediate support is placed at 22200 levels, said Nagaraj Shetti, Senior Technical Research Analyst, HDFC Securities.

18 May 2024 2:43 pm
Gainers & Losers: BKT, Nestle among 6 stocks that were in spotlight on Saturday

In todays special trading session, 21 stocks among the Sensex closed in green while 9 were in red. day's trading session, five stocks saw top short covering. Here's the list:While S&P Sensex closed 0.12% higher at Rs 74,006, the 50 company index Nifty-50 closed 0.16% higher at Rs 22,502.Here are the stocks that saw action today:

18 May 2024 2:07 pm
over 28 stock ideas from prabhudas if bjp wins 300-325 seats in lok sabha elections

Here a list of sectors along with the sectoral top picks that will have a positive impact on NDAs return, as suggested by Prabhudas Lilladher:

18 May 2024 1:30 pm
IEX shares rally 9% in 3 days after Q4 results beat

IEX reported a 14.7% YoY increase in its PAT on May 15 along with a revenue at Rs 149.5 crore for the fourth quarter of the financial year 2024.

18 May 2024 1:04 pm
N Vaghul, ex-ICICI Bank Chairman, on ventilator

Narayanan Vaghul, the Indian banker credited with building ICICI Bank, is in critical condition. He was the youngest chairman of Bank of India at 44 and was responsible for the return of KV Kamath to India from the Asian Development Bank in the mid-1990s. Vaghul is a recipient of Padma Bhushan in 2010 and has served as a director in several Indian conglomerates.

18 May 2024 12:20 pm
Dalmia Bharat begins production at new unit in Tamil Nadu plant

Dalmia Bharat Ltd has started commercial production at its new mill in Ariyalur, Tamil Nadu, expanding its total cement manufacturing capacity to 45.6 MTPA. The strategic brownfield expansion aligns with the goal of reaching 110-130 MT by 2031, focusing on maximising growth prospects and enhancing market position in the South.

18 May 2024 11:59 am
Delhi heatwave alert: Temperature may soar above 45 today

Met department forecasts a partly cloudy sky, heatwave, and strong surface winds for the day. Heatwave conditions, defined as a maximum temperature exceeding 4.5 degrees above normal, reaching at least 45 degrees Celsius, are expected.

18 May 2024 11:06 am
Modi's allegation of insult to Uttar Pradesh, a cheap tactic says DMK chief M K Stalin

DMK President M K Stalin criticizes PM Narendra Modi for divisive propaganda and neglecting key issues like reservation and welfare schemes in Tamil Nadu, accusing him of obstructing development projects and spreading lies during elections.

18 May 2024 11:05 am
Hindus not represented in USCIRF, says Indian diaspora body

The head of a top Indian diaspora think-tank criticizes the US Commission on International Religious Freedom for lacking diversity and producing biased reports on India and Hindus. USCIRF announced new members Maureen Ferguson, Vicky Hartzler, Asif Mahmood, and re-appointments of Stephen Schneck, Eric Ueland. Khanderao Kand criticizes the missed historic opportunity for diversity and balance in the commission.

18 May 2024 11:00 am
Celebrity Kangana vs 'royal' Vikramaditya on Himachal's Mandi seat: Clash of richest titans

In Himachal Pradesh's Mandi Lok Sabha constituency, the BJP's Kangana Ranaut and Congress's Vikramaditya Singh engage in a fierce campaign focusing on development, governance, and legacy. The battle for voter support intensifies as the two candidates highlight their agendas and seek to sway the electorate.

18 May 2024 10:59 am
Donald Trump wants to control the Justice Department and FBI. His allies have a plan

Donald Trump's allies aim to reshape the Justice Department to align with conservative causes, potentially compromising its independence and core values in a second Trump presidency.

18 May 2024 6:51 am
ECI issues notice to BJP's Abhijit Gangopadhyay over remark on Mamata Banerjee

The Election Commission of India issued a showcause notice to Abhijit Gangopadhyay, a BJP candidate, for improper comments about Mamata Banerjee, seeking a ban on public activities and criminal proceedings.

18 May 2024 12:04 am
UN raises India's 2024 growth forecast to 6.9%

The revision by the UN follows similar moves by other multilateral agencies following India's strong economic performance last fiscal.

18 May 2024 12:01 am
Lok Sabha Elections 2024: BJP aims to strengthen hold in Western Odisha, Dharmendra Pradhan key figure in poll strategy

The BJP aims to maintain and improve its performance in western Odisha, focusing on the leadership of Dharmendra Pradhan. The party won three out of five Lok Sabha seats in the region in 2019, and is working to secure its position in the upcoming polls. Pradhan, a prominent leader in the state, is contesting from Sambalpur this time. BJP faces competition from BJD, which has a strong presence in the region with schemes for the poor and tribals. The upcoming elections in Odisha are crucial, with

17 May 2024 11:58 pm
US shows understanding of Chabahar Port operations importance: India

The United States has shown an understanding of the importance of the Chabahar Port operations for continued humanitarian supplies to Afghanistan and to provide Afghanistan with economic alternatives, the Ministry of External Affairs said on Friday, reminding Washington of its own position on the project.

17 May 2024 11:57 pm
Skilling and education has been embedded to allow portability to the youth: MSDE Secretary Atul Kumar Tiwari

Addressing a session at the Confederation of Indian Industrys Annual Business Summit 2024, Tiwari said the idea is to bring skilling and education on a common platform which enables multiple entry and exits between education, skilling and employment through credits that in turn will help individuals scale up in their careers.

17 May 2024 8:01 pm
Nirmala Sitharaman engages with commuters, takes Delhi Metro ride to Laxmi Nagar

Union Finance Minister Nirmala Sitharaman took a ride on the Delhi Metro to Laxmi Nagar, engaging with commuters during her journey, emphasizing the significance of public transport and connecting with people's everyday lives.

17 May 2024 8:00 pm
Agra's White Marble showdown: Soami Bagh takes on the Taj Mahal

A new white marble structure in Agra, Soami Bagh, has become a spiritual and architectural attraction, drawing tourists who compare it to the iconic Taj Mahal. Taking 104 years to build, the mausoleum stands as a testament to unwavering faith and dedication. While the Taj Mahal remains a top tourist spot for its romance and grandeur, Soami Bagh offers a unique blend of architectural splendor and spiritual solace, captivating visitors with its intricate craftsmanship and majestic presence.

17 May 2024 7:58 pm
Indian consumer market sees significant drop in average buyer age across cars, smartphones, and TVs

Over the past 5-6 years, the average age of Indian consumers purchasing cars, premium smartphones, and large televisions has decreased significantly, indicating a shift towards younger demographics. Major car manufacturers like Maruti Suzuki, Hyundai Motor, and Mercedes-Benz note a decline in the average buying age from the 40s to the mid-30s, with over 70% of electric car buyers being in their 20s and 30s. Similarly, the average age for purchasing Apple iPhones and large-screen televisions has

17 May 2024 7:57 pm
Chola Inv Finance shares gain 1.68% as Sensex rises

The stock quoted a 52-week high of Rs 1352.9 and a 52-week low of Rs 997.4.

17 May 2024 1:33 pm
Page Industries shares up 0.04% as Nifty gains

A total of 500 shares changed hands on the counter till 01:28PM (IST).

17 May 2024 1:28 pm
In matters concerning liberty of citizens, every single day counts: SC

The Supreme Court urges prompt decision on Amandeep Singh Dhall's bail plea in a corruption case related to the scrapped Delhi excise policy, highlighting investigations by the CBI and ED, irregularities in policy modifications, and involvement of the 'South Group' until September 2022.

17 May 2024 1:05 pm
Swati Maliwal's FIR: Slapped and kicked by Bibhav Kumar at Kejriwal's residence during periods, screamed but no one helped

Disturbing allegations surfaced regarding Aam Aadmi Party's Rajya Sabha MP Swati Maliwal's assault at Delhi CM Arvind Kejriwal's residence by his PS Bibhav Kumar. Maliwal stated in the FIR that Kumar assaulted her unprovoked, slapping her multiple times, dragging her, and disregarding her pleas, even after she mentioned having her period.

17 May 2024 1:04 pm
Buy Ashok Leyland, target price Rs 232: Axis Securities

Ashok Leyland Ltd., incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 60679.20 Crore) operating in Auto sector.

17 May 2024 9:33 am
Buy Transport Corporation of India, target price Rs 1080: Motilal Oswal

Transport Corporation of India Ltd., incorporated in the year 1995, is a Small Cap company (having a market cap of Rs 7075.51 Crore) operating in Logistics sector.

17 May 2024 9:30 am
Banking and IT stocks drag Sensex over 100 points lower; Nifty below 22,400

The BSE Sensex edged 93 points or 0.13% lower to 73,565. Meanwhile, the Nifty50 traded at 22,381, down 22 points or 0.1% around 9:21 am.

17 May 2024 9:30 am
'The Thundermans Return' Spinoff: See all details about cast, production, plot and creative team

Nickelodeon greenlights a spinoff series from 'The Thundermans Return,' featuring original cast members Kira Kosarin and Jack Griffo. The series follows Phoebe and Max as they handle a new threat in Secret Shores. Production begins in August, with premiere details to be announced later.

17 May 2024 2:03 am
LS polls: Haryana Janchetna Party chief Venod Sharma extends support to BJP

Former Union minister and Haryana Janchetna Party chief Venod Sharma on Thursday announced his party's support to the ruling BJP for the Lok Sabha polls in the state. After chairing a meeting with his party workers here, Sharma announced that the HJP has decided to back the BJP candidates and undertake extensive campaigning for them across all 10 Lok Sabha seats in the state.

16 May 2024 10:05 pm
Zoho plans $700 million foray into chipmaking

Indian software giant Zoho is considering a $700 million investment in chip manufacturing, focusing on compound semiconductors for specialized applications. The proposal, under review by India's IT ministry, aligns with the country's semiconductor agenda, aiming to compete globally. Zoho seeks government incentives to establish the operation, aiming to diversify its business.

16 May 2024 3:28 pm
PoJK temporarily slipped away due to someone's weakness or mistake: EAM takes veiled swipe at Nehru, Congress

S Jaishankar criticized Nehru and Congress for losing PoJK, emphasized China's involvement, and rejected the concept of 'Lakshman Rekha'. He highlighted India's legitimate claim over PoJK despite CPEC passing through Gilgit Baltistan. He reaffirmed the parliamentary resolution to reclaim PoJK and highlighted his experience as India's ambassador to Beijing, stressing India's sovereignty over the region.

16 May 2024 2:58 pm
Excise policy: Delhi HC seeks CBI's stand on BRS leader K Kavitha's bail plea

The Delhi High Court has requested the Central Bureau of Investigation's stand on BRS leader K Kavitha's bail plea in a corruption case related to the alleged excise policy scam. Kavitha is in judicial custody in both cases and has challenged the trial court's dismissal of her bail applications in the corruption and money laundering cases. The scam pertains to the alleged corruption and money laundering in the formulation and implementation of the Delhi government's excise policy for 2021-22.

16 May 2024 2:55 pm
90 persons hospitalised after temple feast in Maharashtra's Nanded

At least 90 people were hospitalized in Maharashtra's Nanded district after falling ill following a temple feast where they consumed 'ambil' and 'khir.' The victims experienced dizziness and vomiting, prompting their admission to hospitals for treatment . The police launched an investigation into the suspected food poisoning incident at Naigaon.

16 May 2024 2:51 pm
Vedanta shares fall 0.88% as Nifty drops

The stock quoted a 52-week high price of Rs 448.95 and a 52-week low of Rs 207.85.

16 May 2024 11:31 am
Vodafone Idea, GMR, IEX among 10 stocks bought by SBI Mutual Fund in April

SBI Mutual Fund purchased Vodafone Idea, GMR Airports, NMDC, JSPL, Sundaram Fasteners, Ashoka Buildcon, VIP Industries, IEX, Kajaria Ceramics, and Indian Bank stocks in April. Top stocks bought across AMCs were Nirlon, Kotak Mahindra Bank, HDFC Bank, ICICI Bank, Bharti Airtel, and ITC.

16 May 2024 11:25 am
Swati Maliwal incident: Kejriwal remains mum, Akhilesh says more important issues at hand

AAP leader Arvind Kejriwal remained silent on Rajya Sabha MP Swati Maliwal's assault by his aide during a joint press conference with Samajwadi Party's Akhilesh Yadav. AAP's Sanjay Singh criticized PM Modi's silence on various issues, while acknowledging the incident. AAP leader Maliwal is yet to file a formal complaint.

16 May 2024 10:59 am
'Sleeping partner can't answer sitting...': FM Sitharaman on broker's poser for 'You Are My Sleeping Partner'

Union Finance Minister Nirmala Sitharaman gave a cryptic responses to concerns about high taxes on stock market brokers and real estate transactions, stating that the government benefits heavily from these taxes without sharing operational burdens. She urged the Bombay Stock Exchange to collaborate with SEBI to enhance investor confidence and warned retail investors of the risks associated with the derivatives market, stating that an unchecked explosion in riskier futures & options could potenti

16 May 2024 10:58 am