General News
- Lok Sabha polls: Phase 1 turnout at 66.14%; Lakshadweep recorded the highest voter turnout at 84.16% while Bihar saw least voting with 49.26%.
- Phase 2 voter turnout at 66.71%; Uttar Pradesh recorded the least voter turnout with 55.19% while Manipur saw the highest voting with 84.85%.
- BJP releases manifesto ‘Sankalp Patra’, focus on social, physical and digital infrastructure; promises include ‘one nation, one election’, Uniform Civil Code, piped gas to all homes.
- Congress releases manifesto ‘Nyay Patra’: Focus on unemployment, caste census.
- SC rejects all petitions seeking 100% verification of EVM votes with their VVPAT slips.
- Supreme Court issues notice to EC on plea seeking re-election where NOTA gets majority vote.
- Microsoft warns against possible Chinese manipulation during elections in India and US.
- Ex-PM Manmohan Singh retires from Rajya Sabha after 33 years.
- Sonia Gandhi, Ashwini Vaishnaw among 14 who took oath as members of the Rajya Sabha.
- Congress, NC announce seat-sharing pact for Jammu and Kashmir, Ladakh; to contest 3 seats each.
- MVA seals poll pact in Maharashtra: Sena (UBT) gets 21 LS seats, Congress 17, NCP (SP) 10.
- Raj Thackeray’s MNS announces ‘unconditional support’ to Maha Yuti govt, PM Modi for LS polls.
- SCO security meet: NSA Doval flags concerns over cross-border terrorism; mentions LeT, JeM.
- Vice Admiral Dinesh K Tripathi appointed as next Chief of Naval Staff.
- India delivers BrahMos supersonic cruise missiles to Philippines.
- Agni Prime, India’s new generation ballistic missile, successfully flight-tested.
- DRDO develops lightest bulletproof jacket for protection against highest threat level.
- Delhi Police withdraw 150 personnel from Parliament security duty; CISF takes over.
- India to overhaul criminal justice system with new laws: Chief Justice Chandrachud.
- Calcutta High Court declares over 25,000 teachers’ appointments in 2016 ‘null and void’.
- Delhi court extends judicial custody of Arvind Kejriwal, K Kavitha in excise policy case till 7 May.
- National Commission for Backward Classes slams Karnataka for blanket categorisation of Muslims as BC.
- President launches India’s first homegrown CAR T-cell therapy for cancer treatment, calls it ‘new hope’.
- Record number of over 60 traditional Indian products, including Banaras Thandai, granted GI tags.
- Centre releases disaster relief for Karnataka after plea in Supreme Court.
- Heat wave grips India, April has been warmer than previous years.
- Water crisis looms over southern India as reservoir levels in 5 states drop to 17% of capacity.
- President Murmu presents 3 Padma Vibhushan, 8 Padma Bhushan and 55 Padma Shri Awards for 2024.
- China releases fourth list of 30 more names for places in Arunachal Pradesh; India condemns.
- Katchatheevu row: Sri Lanka says island falls within its control, as India tries to reclaim territory.
- India gets clean chit after probe into foreign meddling in Canadian elections.
- Chinese official talks with North Korean counterpart in the nations’ highest-level meeting in years.
- Incessant attacks continue after 200 days of Israel’s war on Gaza.
- Tension escalates in middle east, Iran-backed Hezbollah fires barrage of missiles towards Israel.
- Israeli war cabinet resumes hostage deal discussion as Rafah invasion looms.
- India abstains on UN Human Rights Council resolution calling for immediate ceasefire in Gaza.
- Russian missiles pound power plants in central and western Ukraine.
- Ukraine lowers army draft age to 25 to plug shortfall in troop numbers fighting Russia.
- US President Joe Biden signs $95 billion package of aid for Ukraine, Israel and Taiwan.
- US poll: Trump’s campaign raises $50.5 million at high-dollar Florida fundraiser.
- US Treasury Secretary Janet Yellen holds bilateral meeting with Chinese Vice Premier He Lifeng.
- Donald Trump posts $175 million bond in civil fraud case, averts asset seizures.
- Student protests against the Israel-Hamas war grow at campuses across the U.S.
- Russia vetos UN resolution to prevent nuclear arms race in space.
- UN calls for $620 million to support Afghan migrants in Iran and Pakistan.
- UN approves an updated cholera vaccine that could help fight a surge in cases.
- UK Family Visa: Minimum income for British citizens to sponsor relatives increases by more than 55%.
- UK lawmakers back landmark Bill to gradually phase out smoking for good.
- Maldives President Mohamed Muizzu’s party registers landslide win in parliamentary elections.
- Maldives Court overturns former President Abdulla Yameen’s 11-year prison sentence; orders retrial.
- Pakistan’s Foreign Minister Ishaq Dar appointed as Deputy Prime Minister.
- Kuwait appoints Sheikh Ahmad Abdullah al-Ahmad al-Sabah as new PM.
- Airport, shopping centres submerge in water as flash floods hit Dubai.
- Venice becomes first city in the world to introduce ‘pay to enter’ system to curb over-tourism.
- IPL: Rajasthan Royals top the points table followed by KKR and LSG.
- Virat Kohli tops the Orange Cap leaderboard with 500 runs, while Jasprit Bumrah leads the Purple Cap race with 14 wickets.
- India T20 World Cup 2024: Hardik Pandya vice-captain, Virat Kohli, Yuzvendra Chahal in 15-member team.
- England’s T20 World Cup squad announced: Jofra Archer returns to 15-member squad.
- D Gukesh becomes younges ever FIDE candidates Chess Tournament champion..
- No selection trials for World Olympic Qualifier: WFI.
- Archery World Cup: India finish campaign with 8 medals.
Business News
- RBI keeps repo rate unchanged at 6.5% for the seventh consecutive time.
- FY25 GDP growth projected at 7%; inflation at 4.5%.
- RBI proposes allowing non-bank payment system operators to offer CBDC wallets.
- No entity can store card transaction data from August 2025: RBI draft rule.
- Govt garners ₹16,507 crore via public sector enterprises disinvestment in FY’24.
- Railways registers highest revenue of ₹2.56 lakh crore in FY24.
- Govt asks all gas-based plants to be operational from May 1 to June 30 as electricity demand surges.
- India’s gem and jewellery sector gets Authorized Economic Operator status from Finance Ministry.
- Govt accords ‘Navratna’ status to IREDA.
- Govt waives duty on export of 1,000 tonnes of kalanamak rice.
- Govt directs e-commerce platforms to remove drinks, beverages from ‘health drink’ category.
- Restaurants can use menu cards, boards to display nutritional information: FSSAI.
- SEBI directs BSE, MCX to pay regulatory fee considering notional value of options contract.
- RBI halts new customer onboarding and credit card issuance by Kotak Mahindra Bank.
- Star, PhonePe launch India’s first monthly payment insurance policy.
- M&M Finance detects ₹150-crore fraud at a North East branch, defers Q4 results.
- Bharti Hexacom, Vodafone Ideam, JNK India debut in stock exchanges.
- Swiggy files draft IPO papers via SEBI’s confidential filing route.
- CAMS, PayU receives RBI nod to operate as online payment aggregator.
- Patanjali issues fresh apology in bigger size after SC’s rebuke.
- Druggist association opposes Centre’s move to sell over-the-counter medicines without license.
- HAL bags biggest-ever indigenous military hardware order; to supply 97 LCA Mark 1As at ₹65,000 crore.
- Domestic car sales in last financial year grew by nearly 9% to a record 4.23 mn units.
- Maruti Suzuki expands Manesar plant capacity by 1 lakh units per year.
- Tesla inks semiconductor deal with Tata electronics for global operations.
- MG Motor, Adani’s mobility arm sign MoU to set up EV charging infrastructure.
- Hyundai, Kia join hands with Exide Energy Solutions for EV battery localisation.
- Xiaomi secures lock-in orders of more than 70,000 SU7 cars.
- Tesla clears full self driving hurdle in China, to partner with Baidu: Report.
- Ensure children up to 12 years are allocated seats with their parents in flight: DGCA tells airlines.
- IndiGo places $5 billion order for 30 A350-900 widebody aircraft.
- Adani Group’s Vizhinjam Port gets ministry nod to run India’s first transshipment operations.
- Adani Group infuses another ₹8,339 crore in Ambuja Cements, raises stake to 70.3%.
- UltraTech Cement buys grinding unit from India Cements, announces expansion.
- Bharti Airtel, Dialog Axiata PLC, Axiata Group Berhad to combine operations in Sri Lanka.
- HCLTech, Google Cloud launches initiative to scale ‘Gemini’ to global firms.
- Microsoft to separate Teams and Office globally amid antitrust scrutiny.
- Jio surpasses China Mobile to become world’s top data traffic operator.
- Amazon India rolls out low-cost, unbranded vertical under Bazaar.
- Zomato hikes platform fee by 25% to ₹5, suspends Intercity Legends service.
- Nestlé accused of adding sugar to infant milk sold in poorer countries.
- Hong Kong, Singapore food regulators find cancer-causing chemicals in Everest, MDH spices.
- PhonePe partners with eSewa, HAN Pokhara to promote UPI in Nepal.
- Ola shuts ride-hailing business in UK, New Zealand, Australia.
- Vodafone Idea launches cloud gaming platform in partnership with CareGame.
- Pakistan blocks X citing ‘failure to adhere to law’; Court orders govt to revoke ban within one week.
- Apple removes WhatsApp, Threads from China app store on government order.
- US Senate approves Bill banning TikTok.
- IMF Chief Georgieva wins second term ahead of spring meetings.
- Wipro CEO Thierry Delaporte steps down, Srinivas Pallia takes over.
- Axis Bank re-appoints Amitabh Chaudhry as MD & CEO for three more years.
- Dhanlaxmi Bank gets RBI approval for Ajith Kumar KK as MD and CEO.
- Paytm Payments Bank MD and CEO Surinder Chawla quits.
Business News
- ICICI Bank Q4 Net profit up 17% YoY at ₹10,708 crore, NIM slips 4.40%
- HDFC Bank Q4 Net profit rises 37% YoY to ₹16,512 crore, declares dividend ₹19.50 per equity share.
- IndusInd Bank Q4 net profit jumps 15% YoY to ₹2,349 crore, declares ₹16.50 dividend.
- HCLTech Q4 Net profit remains flat at ₹3,986 crore announces interim dividend of ₹18/share.
- Axis Bank posts ₹7,130 crore net profit in Q4; board approves ₹55,000 crore fundraise.
- Yes Bank Q4 PAT jumps 123% YoY to ₹452 crore.
- TCS PAT rises 9% YoY ₹12,434 crore, Revenue up 3.5% at ₹61,237 crore; dividend declared at ₹28.
- Infosys Q4 net profit jumps 30% YoY to ₹7,969 crore; ₹28 dividend declared.
- Tech Mahindra Q4 PAT falls 41% YoY to ₹661 crore; ₹28/share dividend declared.
- Wipro Q4 Net Profit falls 8% YoY to ₹2,835 crore, revenue declines 4% to ₹22,208 crore.
- RIL Q4 profit up at ₹21,243 crore, revenue at ₹2.41 lakh crore; approves ₹10/share dividend.
- Jio Platforms Q4 Net profit zooms 12% YoY to ₹5,583 crore, 5G base swells to 108 million subscribers.
- Jio Financial Q4 Net profit rises 6% QoQ to Rs 311 crore, consolidated revenue was flat at ₹418 crore.
- Maruti Suzuki Q4 net profit rises 48% to ₹3,878 crore, firm declares ₹125 dividend.
- CPCL’s Q4 net profit jumps 71.9% QoQ to ₹627.89 crore, dividend of ₹55.
- HUL Q4 Net profit falls 6% YoY to ₹2,406 crore; declares ₹24 dividend.
- UltraTech Cement Q4 Profit rises 36% YoY to ₹2,258 crore, revenue increased 9% YoY to ₹20,419 crore.
| WORLD INDICES | |||||
|---|---|---|---|---|---|
| Indices | 30-Apr | 29-Mar | % 1M | 02-Jan | % since Jan |
| BSE | 74483 | 73651 | 1.13% | 71,892 | 3.60% |
| NSE | 22605 | 22327 | 1.24% | 21,666 | 4.33% |
| DOW | 37816 | 39807 | -5.00% | 37,715 | 0.27% |
| NASDAQ | 15658 | 16379 | -4.40% | 14,766 | 6.04% |
| FTSE | 8144 | 7932 | 2.67% | 7,722 | 5.47% |
| Nikkei | 38406 | 40168 | -4.39% | 33,464 | 14.77% |
| Hang Seng | 17763 | 16541 | 7.39% | 16,789 | 5.80% |
| Straits Times | 3293 | 3224 | 2.13% | 3,230 | 1.94% |
| Shanghai | 3105 | 3011 | 3.12% | 2,962 | 4.82% |
| USD | 83.43 | 83.40 | 0.04% | 83.32 | 0.13% |
| Euro | 89.45 | 90.02 | -0.63% | 91.58 | -2.32% |
| GBP | 104.60 | 105.24 | -0.61% | 105.56 | -0.91% |
| Yen/100INR | 0.5355 | 0.551 | -2.81% | 0.59 | -9.24% |
| Gold | 70466 | 66890 | 5.35% | 62,762 | 12.27% |
| Silver | 79460 | 74800 | 6.23% | 72,416 | 9.73% |
| Crude Brent $ | 85.60 | 86.32 | -0.83% | 78.88 | 8.52% |
| Crude Nymex $ | 81.14 | 82.41 | -1.54% | 73.44 | 10.48% |
| NIFTY SECTORAL INDICES | |||||
|---|---|---|---|---|---|
| Sectors | BANK NIFTY | CNX IT | CNX AUTO | CNX FMCG | CNX PHARMA |
| 30-Apr | 49,397 | 33,201 | 22,480 | 54,240 | 18,971 |
| 29-Mar | 47,125 | 34,898 | 21,419 | 53,949 | 18,996 |
| % 1M | 4.82% | -4.86% | 4.95% | 0.54% | -0.13% |
| 02-Jan | 47,762 | 35,283 | 18,339 | 57,210 | 17,274 |
| % since Jan | 3.42% | -5.90% | 22.58% | -5.19% | 9.82% |
| Exports in ($ Bn) | 41.68 |
| Imports ($ Bn) | 57.28 |
| FDI | 8035 |
| Government Bond 10Y | 7.20% |
| GDP YoY | 8.40% |
| Inflation Rate | 4.85% |
| Forex Reserves ($ Mn) | 6,40,330 |
| IIP % | 5.70% |
| INSTITUTIONAL TRADING ACTIVITY | ||
|---|---|---|
| Particulars | FII (Rs. crore) | MF (Rs. crore) |
| Equity | (11,027) | 29,613 |
| Debt | (15,672) | 19,201 |
| Total 1 M | (26,699) | 48,815 |
| Total Since Jan | 45,770 | 30,279 |
| Equity | 2,145 | 1,19,611 |
| Debt | 43,625 | (89,332) |
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