Category Archives: Uncategorized

General News

• Lok Sabha polls: ECI releases voter turnout data for all completed phases; final phase to be held on June 1.
• Phase 1 sees turnout of 66.14%, phase 2 66.71%, phase 3 65.68%, phase 4 69.16%, phase 5 62.2% and phase 6 63.36%.
• Arvind Kejriwal, out on bail, joins campaign trail, to surrender on June 2.
• Seventy-five delegates from 23 countries arrive in India to witness Lok Sabha elections.
• Telangana government directs departments to replace ‘TS’ with ‘TG’.
• Mayawati removes nephew Akash Anand as ‘successor’ till he gains ‘full maturity’.
• 3 Independent MLAs withdraw support, BJP govt reduced to minority in Haryana.
• Punjab Govt. bans all Zee Media channels in state from May 28th.
• Sam Pitroda steps down as chairman of Indian overseas Congress amid row over racist remark.
• Indian Air Force achieves milestone; successfully lands aircraft using night vision goggles in eastern sector.
• ISRO achieves major milestone with 3D printed rocket engine test.
• India signs 10-year pact with Iran to operate its Chabahar Port.
• Military Affairs Department seeks feedback from three services on Agnipath scheme.
• ICMR releases updated dietary guidelines for Indians in 2024.
• First Citizenship certificates issued under CAA; 350 individuals granted Indian nationality.
• Monsoon arrives simultaneously over Kerala and northeast India, rainy season begins in the country two days in advance.
• Cyclone Remal hits Bangladesh and India, leaving destruction and death.
• Delhi Court denies bail to BRS Leader K Kavitha in CBI and ED cases linked to Delhi Excise Policy Scam.
• SIT arrests Hassan MP Prajwal Revanna at Bengaluru airport after his return from Germany.
• CM Arvind Kejriwal’s aide Bibhav Kumar arrested by Delhi Police in Swati Maliwal assault case.
• Padma Awards: Vyjayanthimala, Chiranjeevi, late justice M Fathima Beevi among others honoured.
• Santosh Sivan first Asian to be conferred the Pierre Angénieux Tribute award at Cannes.
• Cannes 2024: Payal Kapadia clinches Grand Prix award; Anasuya Sengupta becomes first Indian actor to win Best Actress.
• India’s ‘Sunflowers Were the First Ones to Know’ receives Cannes’ La Cinef award for Best Short.
• India ranks 159 among 180 countries in World Press Freedom Index.
• Sushil Kumar Modi, Bihar’s former Deputy Chief Minister, passes away at 72.
• India fully withdraws soldiers from Maldives ahead of May 10 deadline.
• Israel shells Rafah as Biden vows arms suspension.
• Hamas says ready for complete agreement if Israel stops war in Gaza.
• Russia launches wide attack on Ukrainian energy facilities.
• Russia accuses US of meddling in India’s internal affairs, ongoing elections.
• President Vladimir Putin signs decree to allow seizure of US properties inside Russia.
• Ukraine parliament passes Bill allowing certain prisoners to join armed forces.
• Biden partially lifts ban on Ukraine using US arms in strikes on Russian territory.
• Blinken visits Ukraine to tout U.S. support for Kyiv’s fight against Russia’s advances.
• China, US agree to manage maritime risks through continued dialogue.
• Spain, US pledge millions worth of military equipment to Ukraine.
• Pro-Palestine protests mark college graduation ceremonies in the US.
• President Biden imposes tariffs on Chinese electric vehicles to protect American workers.
• Donald Trump found guilty of all 34 charges in hush money trial.
• Iran President Ebrahim Raisi, foreign minister and others killed in helicopter crash.
• Iran to hold presidential election on June 28; nuclear negotiator Ali Bagheri named acting foreign minister.
• Sri Lanka to hold presidential election between September 17 and October 16.
• Ireland, Norway and Spain recognise Palestine as independent state.
• Spain becomes 99th member of International Solar Alliance.
• Taiwan, US hold trade talks in Taipei, discuss agricultural products and forced labour.
• Lee Hsien Loong steps down as Singapore’s Prime Minister after 20 years, Lawrence Wong takes charge.
• China’s Xi Jinping visits France in first post-pandemic trip to Europe.
• More than 2,000 believed buried alive in Papua New Guinea landslide, India sends $ 1million aid.
• Nepal PM Prachanda wins vote of confidence in Parliament, fourth in 18 months.
• IPL 2024: Kolkata Knight Riders beat Sunrisers Hyderabad in finals for third IPL title.
• Sunil Narine was named the Most Valuable Player of the tournament.
• Virat Kohli won the Orange Cap; Harshal Patel cinches the Purple Cap.
• Indian football icon Sunil Chhetri announces retirement.
• Satwiksairaj Rankireddy and Chirag Shetty win Men’s Doubles title at Thailand Open Badminton.
• Dipa Karmakar clinches India’s first-ever gold medal in women’s vault at Asian Championships.
• Praggnanandhaa defeats World No. 1 Carlsen for first time at Norway Chess tournament.
• India parts ways with International Boxing Association, joins World Boxing.
• Wrestler Bajrang Punia indefinitely suspended by Anti-Doping Agency before Olympic trials.
• Indian women’s 4×400 metre relay team qualifies for Paris Olympics.
• French Open: Rafael Nadal suffers early exit as Zverev records straight-set win over 14-time champion.

Business News

• RBI announces record dividend of ₹2.11 lakh crore to government.
• India registers record rise in exports; employment reaches 18-year high in May.
• India witnesses incorporation of 1.85 lakh companies in FY2023-24, surpassing last year’s numbers.
• Govt. eases FDI norms in space sector to attract foreign players and boost high-tech job demand.
• RBI moves 1 lakh kg of gold from UK back to India, first such move of this quantum since 1991.
• GDP growth at 7% in FY25, robust on back of healthy balance sheets of banks, corporates: RBI report.
• TRAI, SEBI, RBI and top ministries join hands to combat spam calls, online frauds.
• Govt slashes prices of 41 commonly used medicines, 6 formulations.
• Gold hits new record high on rising US Fed rate cut expectations, renewed Middle East concerns.
• India tightens permissible wastage norms for jewellery export.
• SEBI releases framework for supervision of research analysts, investment advisers.
• NSE launches India’s first Electric Vehicle index.
• Carlyle Group sells stake in Yes Bank, Goldman Sachs buys stake.
• RBI directs NBFCs to adhere to cash disbursal limit of ₹20,000 for loans.
• IDFC First Bank shareholders approve merger of IDFC Ltd with bank.
• Indian Oil signs second long-term LNG deal with France’s TotalEnergies.
• L&T arm opens new manufacturing facility in Saudi Arabia.
• Adani Green signs a 20-yr agreement with Sri Lanka government for wind power stations.
• Airbus, SIDBI to collaborate for financing helicopter purchase in India.
• Shriram Finance exits housing finance business, sells entire 85% stake to Warburg Pincus for ₹4,630 crore.
• Mahindra & Mahindra Finance secures IRDAI license to offer tailored insurance plans.
• AstraZeneca withdraws Covid-19 vaccine globally, months after admitting rare side effects.
• Bharti Airtel, Google, tie-up to provide cutting-edge cloud solutions to customers.
• Elon Musk launches Starlink satellite internet service in Indonesia, world’s largest archipelago.
• Microsoft to invest $2.2 billion in cloud and AI services in Malaysia.
• US revokes Intel, Qualcomm’s export licenses to sell to China’s Huawei.
• MicrosoSouth Korea unveils $19 billion package to compete in global chip ‘warfare’.
• ft, Meta and Intel announce AI initiative to rival Nvidia.
• Apple announces largest-ever $110 billion share buyback.
• US Fed holds rates steady, flags ‘lack of further progress’ on inflation.
• Hong Kong allows China’s digital yuan to be used in local shops.
• Eurozone inflation rises more than expected in May to 2.6%.
• India gives Maldives $50 million in budgetary support as IMF warns island nation of ‘debt distress’.
• Godrej family announces ownership re-alignment, to be split into Godrej Ent & Godrej Ind group.
• Raymond’s board approves demerger of engineering business for its foray into aerospace, defence, EV.
• SC orders advertisers to submit self-declarations before promoting products in media.
• Supreme Court orders Patanjali to remove online ads, halts sale of suspended products.
• Google ties up with Foxconn to make Pixel phones in India.
• Amazon infuses ₹1,600 crore into India entity as e-commerce wars intensify.
• Google invests $350 million in Flipkart as part of nearly $1 billion funding round.
• NPCI inks pact with Bank of Namibia for developing UPI-like instant payment system.
• Paytm launches UPI Lite wallet for everyday payments; no PIN required, users can add up to ₹4,000 daily.
• Singapore court clears Pine Labs plea to move domicile to India.
• Paytm Paytments Bank moves bill pay business to Euronet India.
• Uber, Aaveg get Delhi government nod to run buses in Delhi.
• Puma to sponsor 400 Indian athletes, signs deal with Athletics Federation of India.
• Tata Play Binge becomes largest OTT aggregator with addition of discovery+.
• Coca-Cola earns $290 mn from India by divesting its bottling operations in Jan-Mar.
• IOC, GAIL, ONGC fined for 4th straight quarter for not appointing directors.
• ITC Chairman Sanjiv Puri becomes CII President, replacing R Dinesh.
• Mohandas Pai, Rajnish Kumar quit BYJU’S advisory council.
• OpenAI co-founder Ilya Sutskever announces departure after nearly a decade.
• Gopi Thotakura becomes 1st Indian space tourist on Blue Origin’s private astronaut launch.

Q4 Results

• Kotak Mahindra Bank Q4 Net Profit soars 18% to ₹4,133 crore; NII up 13.2% YoY.
• SBI Q4 PAT jumps 24% YoY to ₹20,698 crore, dividend of ₹13,70/share announced.
• PNB Q4 Profit surges 160% to ₹3,010 crore, gross NPAs at 5.7%, recommended a dividend of ₹1.50/ share.
• IDBI Bank Q4 PAT soars 44% YoY to ₹1,628 crore; NII rises 12%.
• Federal Bank Q4 net profit flat at ₹906 crore YoY, declares dividend of ₹1.2.
• NSE Q4 Net profit rises 20% to ₹2,478 crore, revenue up 34% ₹4,625 crore; recommends 4:1 bonus shares, ₹90 per share dividend.
• Dr Reddy’s Q4 Net profit up 36% to ₹1,307 crore, ₹40/share dividend declared.
• M&M Q4 Profit spikes 32% YoY to ₹2,038 crore, revenue jumps 11% to ₹25,109 crore.
• Ashok Leyland Q4 net profit rises 20% to ₹900 crore, revenue declines 3% to ₹11,267 crore.
• Hero MotoCorp Q4 PAT jumps 18% YoY to ₹1,016 crore; dividend declared at ₹40 per share.
• LIC Q4 net profit rises marginally to ₹13,762 crore, asset quality healthy; announces ₹6 interim dividend.
• Bharti Airtel Q4 PAT tumbles 31% YoY to ₹2,071.6 crore; ARPU rises to ₹209.
• ITC Q4 Net Profit falls 1.3% to ₹5,020 crore, final dividend declared at ₹7.50 per share.
• HPCL Q4 Net profit falls 25% YoY to ₹2,709.31 crore; declares 1:2 bonus issue.
• Adani Ports Q4 Net profit jumps 76% YoY to ₹2,040 crore; declares dividend of ₹6.
• Britannia Q4 Net profit falls 3.8% to ₹537 crore, revenue up marginally at ₹4,069.36 crore.
• Paytm Q4 Loss widens to ₹550 crore; revenue drops 3% YoY to ₹2,267 crore.

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.

General News

• Lok Sabha Election 2024: Polls to be held in 7 phases; counting on 4 June.
• India has 97 crore registered voters, 19.74 crore voters in 20-29 age group: CEC.
• EC introduces Vote from home for citizens above 85, voters with 40% disability.
• EC uploads electoral bonds data with unique numbers on its website.
• EC Arun Goel resigns; Sukhbir Singh Sandhu, Gyanesh Kumar named new election commissioners.
• No immunity from prosecution if MP/MLA takes bribe to vote or make speeches: SC.
• PM Modi chairs brainstorming session for ‘Viksit Bharat 2047’; discusses action plan for next 5 years.
• NDA seals Bihar seat-sharing deal: BJP to contest 17 seats, JD(U) 16.
• BJP to go solo in Odisha and Punjab.
• BJP, TDP, Jana Sena join hands to fight Lok Sabha, Andhra Pradesh Assembly polls.
• Delhi CM Arvind Kejriwal arrested in Liquor Policy case; Delhi High Court rejects plea to remove CM.
• Top INDIA bloc leaders attend INDIA Alliance maha rally at the Ramlila Maidan.
• PM Modi launches BJP’s poll campaign for Lok Sabha Election 2024 in Uttar Pradesh’s Meerut.
• Kovind-led panel on ‘one nation, one election’ submits report to President Draupadi Murmu.
• Rahul Gandhi’s ‘Bharat Jodo Nyay Yatra’ nears ends in Mumbai spanning east-west of India.
• PM Modi visits J&K for the first time since abrogation of Article 370 in 2019.
• PM Modi inaugurates and lays foundation stones of projects worth ₹15,000 crore in West Bengal.
• PM Modi inaugurates, lays foundation of development projects worth over ₹34,000 crore in UP.
• Amit Shah launches NUCFDC, sets target to establish one urban cooperative bank in each town.
• Smriti Irani laid foundation stone of projects worth ₹225 crore for development of Buddhist communities.
• PM Modi launches multiple development projects worth 56,000 crore rupees in Telangana.
• NSA Doval meets Israeli PM Netanyahu to discuss war in Gaza, humanitarian assistance.
• PM Modi arrives in Bhutan, inaugurates modern hospital built with Indian assistance in Bhutan.
• S Jaishankar meets Singapore PM Lee Hsien Loong; leaders exchange views on Indo-Pacific and West Asia.
• Haryana CM Khattar, ministers resign, BJP president Nayab Singh Saini to be sworn in as CM.
• Centre signs tripartite agreement with Tipra Motha, Tripura govt to address Tripura’s indigenous issues.
• CBI, Europol sign arrangement for cooperation in tackling crimes, terrorism.
• BJP fields its state chief Surendran against Rahul Gandhi in Wayanad.
• Tamilisai Soundararajan rejoins BJP after resigning as Telangana Governor.
• Naveen Jindal, Ex-Haryana minister Savitri Jindal, Calcutta HC judge Abhijit Gangopadhyay joins BJP.
• SC quashes money laundering case against Karnataka Deputy Chief Minister DK Shivakumar.
• BRS leader K Kavitha produced before Delhi court by ED in excise policy case.
• Delhi HC admits CBI’s appeal challenging acquittal of former Minister A Raja, others in 2G scam case.
• CBI, Europol sign arrangement for cooperation in tackling crimes, terrorism.
• Centre Notifies CAA Rules; launches portal for those seeking Indian citizenship under CAA.
• Defence ministry signs 5 capital acquisition deals of ₹39,125.39 crore.
• Rajnath Singh to inaugurate DefConnect 2024 on March 4 to encourage indigenous defence innovation.
• Bharat Shakti Exercise: LCA Tejas, ALH Mk-IV, LCH Prachand on display at Pokhran.
• Mission Divyastra launched successfully, Agni-5 Missile makes maiden flight with MIRV technology.
• IAF activates Emergency Landing Facility Strip on national highway in Andhra Pradesh.
• ISRO successfully carried out landing of its reusable launch vehicle Pushpak.
• ISRO’s PSLV Orbital Experimental Module-3 (POEM-3) mission accomplishes zero orbital debris mission.
• President confers Bharat Ratna on BJP stalwart LK Advani; Former PMs Narasimha Rao, Charan Singh, M.S. Swaminathan, former Bihar chief minister Karpoori Thakur awarded posthumously.
• PM presents first-ever National Creators Award in 20 categories.
• Amid crisis, Bengaluru bans potable water usage for car washing, gardening; imposes ₹5,000 fine.
• CBI busts human trafficking network taking Indians to Russia-Ukraine war zone.
• Indian Navy rescues 23 Pakistani crew from hijacked Iranian ship in Arabian Sea.
• Vladimir Putin wins Russia election in landslide with no serious competition.
• Russia-NATO conflict is “one step away” from World War III: Putin.
• 133 dead in Moscow concert hall attack, Islamic State claims responsibility.
• UNSC for first time demands ‘immediate’ ceasefire in Gaza; US abstains; Russia and China vetos.
• Nikki Haley suspends campaign for 2024 Republican presidential nomination.
• Biden and Trump head toward rematch after securing party nominations.
• Biden, Obama, Clinton rake in record $25 million at NYC fundraiser.
• Shehbaz Sharif sworn in as Pakistan’s PM for second time. Asif Ali Zardari becomes 14th President.
• Maldives signs China defence deal as India prepares exit.
• Sweden officially joins NATO, becoming alliance’s 32nd member.
• France, Brazil agree to €1 billion deal to preserve Amazon.
• Russia vetoes UN panel’s mandate to monitor North Korea sanctions.
• US, UK & Australia entered agreement to build Australia’s SSN-AUKUS Submarines.
• Sri Lankan PM Dinesh Gunawardena meets Chinese President Xi Jinping.
• Oscars 2024: ‘Oppenheimer’ gets best picture at the 96th Academy Awards, dominates with seven wins.
• WPL 2024: Royal Challengers Bangalore wins first title.
• India win 5 match Test series against England 4-1 series win.
• IPL 2024: Kolkata Knight Riders move to first position.
• Virat Kohli takes the lead in the Orange Cap race in IPL 2024 with 181 runs.
• England’s James Anderson becomes 1st pacer and 3rd bowler to take 700 test wickets.
• Satwiksairaj Rankireddy-Chirag Shetty win French Open doubles title
• Pro Kabaddi League 10: Puneri Paltan win first ever PKL title, beat Haryana Steelers.
• Indian men and women Table Tennis teams qualify for Paris 2024 Olympics.

Business News

• PM Modi inaugurates, lays foundation stone for 112 National Highway Projects worth ₹1 lakh crore.
• PM Modi lays foundation stone of 3 semiconductor facilities worth ₹1.25 lakh crore.
• Ashwini Vaishnaw launches India’s fastest, indigenous router with speed of 2.4 Tbps.
• PM Modi launches multiple oil and gas projects worth nearly ₹1.5 lakh crore across the nation.
• Rajasthan inks MoUs with four CPSEs for setting up solar power, thermal, green hydrogen projects.
• Delhi government implements solar policy, promising zero electricity bills for residents.
• PM Modi inaugurates 15 airport projects; inaugurates India’s first underwater metro line in Kolkata.
• Govt approves 4% hike in DA for govt employees at cost of ₹12,869 crore pa to exchequer.
• India’s GST collection increases 12.5% to ₹1.68 lakh crore in February.
• Cabinet approves India AI Mission with ₹10,372 crore outlay.
• Govt amends electricity rules to address power surplus and enhance grid reliability.
• Govt raises MSP for jute by ₹285/qtl for FY25, 65% more than costs.
• Govt announces ₹500 crore e-mobility scheme to promote electric vehicles.
• India, EFTA ink trade deal with investment promise of $100 billion.
• India approves e-vehicle policy with tax relief to rev up manufacturing hub dream.
• Karnataka to impose 3% additional cess on transport vehicles; lifetime tax on EVs above ₹25 lakh.
• Kerala rejects union govt’s ₹5,000 crore loan offer to resolve financial crisis.
• India forms more than 1.68 lakh companies in FY24; highest in Feb.
• LIC presents ₹2,441 crore dividend cheque to Sitharaman.
• NHAI advises Paytm FASTag users to switch to other bank FASTag before March 15.
• T+0 trade cycle begins; BSE releases list of 25 stocks eligible for T+0 settlement cycle.
• Tata Motors to demerge operations into 2 listed entities.
• Meesho announces largest ESOP buyback worth ₹200 crore.
• British American Tobacco starts $2 billion buyback following its ITC stake sale.
• Ashok Leyland declares interim dividend of ₹4.95 per share, record date fixed for 3 April.
• RBI issues directions to card networks for issuance of credit card to customers.
• NCLT approves Aditya Birla group plan to merge NBFCs.
• RBI bars IIFL Finance from sanctioning or disbursing gold loans.
• IIFL Finance to receive $200 million liquidity support from Fairfax after RBI ban.
• ICICI Securities delisting gets nod, setting up merger with ICICI Bank.
• IRDAI board gives nod to 8 regulations for insurance products, policyholders.
• US Fed keeps key rates unchanged at 5.25%-5.5% for 5th straight meeting, projects 3 rate cuts in 2024.
• New Zealand slips into its second recession in 18 months as economy contracts.
• Sri Lanka’s Central Bank slashes policy interest rates by 50 bps to stimulate growth.
• Japanese Yen hits 34-yr low ahead of key US inflation test.
• Bank of Japan ends negative interest rate policy after 17 years.
• Pakistan central bank keeps interest rate on hold at 22%.
• Centre hikes commercial LPG & ATF prices; windfall tax on petroleum crude raised to ₹4,600/metric ton.
• IOC to make fuel for Formula 1 – first by an Indian firm.
• Centre reduces Petrol & Diesel prices by ₹2 per litre across country.
• FLY91, India’s newest airline, launch commercial services with an inaugural flight from Goa to Bengaluru.
• Akasa Air commences international operations, first overseas flight from Mumbai to Doha, Qatar.
• Maruti Suzuki’s in-plant railway siding, India’s first such project, inaugurated by PM Modi in Gujarat.
• Tata Motors inks MoU with Tamil Nadu Govt to set up ₹9,000 crore facility in Ranipet.
• Biden administration unveils strictest ever US car emission limits to boost EVs.
• Aramco Digital and LTIMindtree collaborate to launch IT services company in Kingdom of Saudi Arabia.
• Google to collaborate with election commission; uses AI models to counter misinformation.
• Apple in talks with Google for using Gemini to bring generative AI features to iPhones.
• Qualcomm introduces Snapdragon 8s Gen 3 with on-device generative AI capabilities.
• Nvidia unveils higher performing ‘superchips’ to power AI.
• Tech Mahindra to merge two US-based subsidiaries to optimise costs.
• JBM Auto arm wins contract of ₹7,500 crore under PM-eBus Sewa Scheme.
• Supreme Court dismisses Vedanta’s plea to reopen copper smelting unit in Tamil Nadu’s Tuticorin.
• Adani family infuses ₹6,661 crore into Ambuja Cements, raises stake to 66.7%.
• Paytm Payments Bank officially halt its operations as mandated by the RBI.
• NPCI grants approval to Paytm to participate in UPI as a third-party application provider.
• Amul, ‘Taste of India’, goes international with launch in US.
• Google reinstates Info Edge apps, including Naukri and 99acres on Play Store.
• TikTok faces U.S. ban in new Draft Bill.
• Byju’s gets a breather as NCLT refuses to defer EGM over rights issue.
• JioCinema ropes in 18 sponsors for IPL 2024.
• Star Sports, Tata Play introduce targeted advertising for IPL 2024.
• OpenAI reinstates Sam Altman to its board, says it has ‘full confidence’.
• Naveen Jindal made president of Indian Steel Association.
• TVS chairman Venu Srinivasan’s family inks pact to avoid future business, trademark tussles.
• Paytm refutes layoff reports as SVP Praveen Sharma steps down.
• Sam Bankman-Fried sentenced to 25 years in prison over FTX collapse.

General News

• India becomes first nation to reach South Pole of Moon as Chandrayaan-3 makes a perfect touchdown.
• Chandrayaan-3 landing spot to be called ‘Shiva Shakti Point’; August 23 declared as National Space Day.
• Chandrayaan-3 Lander records 60°C temperatures at moon’s ‘icy’ south pole.
• Pragyan rover finds sulphur on Moon`s south pole region, hunt on for hydrogen.
• ISRO to launch Aditya-L1, the first space-based observatory to study Sun on September 2.
• Monsoon session: Both houses adjourned sine die; Lok Sabha records 45% productivity , Rajya Sabha 63%.
• President Murmu signs 7 new laws into effect, including Delhi ordinance Bill, Data Protection Bill.
• No-confidence motion against Modi government defeated amid Opposition walkout.
• Rahul Gandhi back as MP as Lok Sabha Speaker Om Birla reinstates his membership.
• PM Modi hoists National Flag and addresses nation on 77th Independence day.
• President approves four Kirti Chakras, 11 Shaurya Chakras for armed forces and CAPF personnel.
• Govt to launch Vishwakarma Scheme for traditional skill workers next month.
• PM Modi conferred Lokmanya Tilak National Award for contributions towards progress of country.
• ECI publishes final delimitation order for Assam; gets President’s nod.
• EC signs up Sachin Tendulkar as ‘icon’ to pitch for higher turnout in 2024 polls.
• Congress appoints Ajay Rai as UP Chief, Randeep Surjewala in charge of MP.
• Rozgar Mela 2023: PM Modi virtually distributes around 51,000 appointment letters.
• PM Modi attends 15th BRICS Summit in Johannesburg; meets with South Africa President Ramaphosa.
• PM Modi arrives in Athens after BRICS; first prime ministerial visit in 40 years.
• India, China agree to resolve remaining issues along LAC in eastern Ladakh.
• First batch of Agniveers graduate from Sikh and Ladakh Regimental centres, 61 Calavry.
• Defence Council approves armed forces’ proposals worth ₹7,800 crore.
• India, Kenya agree for deeper cooperation in maritime security of Indian Ocean region.
• Indian Army orders ₹7,300 crore emergency buy from desi companies to counter China.
• Indian Coast Guard signs MoU with Philippine Coast Guard to enhance maritime cooperation.
• CBI academy joins INTERPOL global network through virtual signing ceremony.
• Kerala Assembly unanimously adopts resolution urging Centre to rename state as Keralam.
• Tamil Nadu CM Stalin launches second phase of breakfast scheme in government schools.
• Andhra CM releases ₹216 crore for 2.62 lakh people left out of welfare schemes.
• Karnataka launches ‘Gruha Lakshmi’ scheme, 1.1 crore women heads of families to get ₹2,000 per month.
• Karnataka begins releasing Cauvery water to Tamil Nadu following CWMA order.
• Patna high court gives clearance to a caste-based survey in Bihar.
• Polls in Jammu and Kashmir can be held at any time, decision to be taken by EC: Centre to SC.
• Mandaviya, WHO Chief Tedros launch ‘Global Initiative on Digital Health’ to support healthcare.
• ASI begins survey of Gyanvapi mosque complex amid tight security.
• Congress’s Jagdish Tytler charged with murder by CBI in 1984 anti-Sikh riots case.
• Karnataka government scraps National Education Policy, 2020; State to formulate their own policy.
• BRICS invites Saudi Arabia, 5 other nation to join bloc.
• Putin tells BRICS summit Russia’s invasion of Ukraine was a defensive move.
• Wagner chief Yevgeny Prigozhin, who rebelled against Putin, is presumed dead in plane crash.
• Netherlands, Denmark agree to supply Ukraine with F-16s.
• Japan starts releasing treated radioactive water from Fukushima nuclear disaster into Pacific.
• China, Bhutan hold first meeting on ‘delimitation of boundary’, agree to speed up border resolution.
• Russia’s Luna-25 craft, 1st moon mission in 50 years , spins out of control and crashes into moon.
• Former US President Donald Trump released on bond after surrendering in election subversion case.
• Imran Khan to remain in jail as judicial remand extended till Sept 13 in cipher case.
• Iran boosts navy with missiles, drones as US offers guards for Gulf ships.
• Pakistan President approves dissolution of assembly, Senator Anwaar-ul-Haq Kakar to be Caretaker PM.
• Former Pakistan PM Imran Khan convicted in Toshakhana corruption case, sentenced to 3 years in jail.
• Myanmar Junta extends state of emergency for 6 more months, Aung San Suu Kyi pardoned in 5 cases.
• Chess World Cup Final 2023: Magnus Carlsen wins the title after beating R Praggnanandhaa in tiebreaks.
• Neeraj Chopra wins historic World Athletics Championships gold with incredible 88.17 throw.
• Indian men’s 4x400m relay team breaks Asian record, qualifies for World Championships final for 1t time.
• Asian Champions Trophy: India beat Malaysia 4-3 to win title for fourth time.
• UWW suspends WFI for delaying elections, Indian wrestlers won’t play under India flag at Worlds.
• India vs West Indies: India win 3 match ODI series 2-1, 5 match T20 series 4-1.
• England vs Australia Ashes 5 Test series tied 2-2.

Business News

• India a trusted global supply chain partner: PM Modi delivers keynote address at B20 summit.
• India officially hands over B20 presidency to Brazil to host G20 Summit in 2024.
• Cabinet extends Digital India programme, approves additional outlay of ₹14,903 crore.
• PM e-bus seva: Cabinet allows governments to spend ₹57,613 crore for 10,000 new e-buses.
• Cabinet approves 7 railways projects worth ₹32,500 crore; approves ‘PM Vishwakarma’ scheme.
• PM Jan-Dhan accounts cross 50 crore mark, deposits exceed ₹2.03 lakh crore: Finance Ministry.
• Centre extends PLI scheme for automotive sector by 1 year until FY28.
• PM Modi lays foundation stone for redevelopment of 508 railway stations at ₹25,000 crore.
• Amit Shah inaugurates 3 connectivity projects costing ₹360 crore to boost coastal security in Gujarat.
• Nirmala Sitharaman meets UK Trade Secretary; discuss investment, FTA.
• Union Minister Ashwini Vaishnaw inaugurates India’s first 3D-printed post office in Bengaluru.
• Cabinet approves additional subsidy of ₹200 per cylinder under the Ujjwala scheme.
• Centre imposes 40% duty on onion exports till December 31 to control rising prices.
• Centre allocates extra 2 lakh metric tonnes of sugar to check prices during festival season.
• India expands curbs on rice exports with 20% duty on parboiled grade.
• India imposes curbs on basmati rice exports; contracts with value below $1200 a ton temporarily halted.
• Govt raises windfall tax on petroleum crude to ₹4,250/metric ton.
• Govt gives 6 months time to pharma companies with over ₹250 crore turnover to adopt GMP.
• Govt defers implementation of restrictions on imports of laptops, PCs and tablets to Nov 1.
• Centre allocates over ₹1,39, 500 crore to extend Bharat Net in 6,40,000 villages.
• Centre makes police verification mandatory for SIM card dealers, discontinues bulk connections.
• Income Tax Return Filing: Over 6.77 crore ITRs filed till July 31; 53.67 lakh first-time filers.
• Lok Sabha passes GST amendments bills; 28% tax on online gaming, casinos, horse race clubs.
• India, UAE make first crude oil trade in local currencies.
• RBI keeps interest rate unchanged at 6.5%, maintains pause for a third time.
• RBI raises transaction limit for UPI Lite to ₹500 from ₹200.
• Centre directs banks, civic bodies to work in tandem on scheme for loans to street vendors.
• Pradhan Mantri Jan Dhan Yojana accounts exceed 500 million, deposits at a whopping ₹2.03 trillion.
• SEBI reduces timeline for listing shares to T+3 from T+6; mandatory from December 1.
• Jio Financials lists at ₹262 per share on NSE and ₹265 per share on BSE.
• Yatharth Hospital, TVS Supply Chain Solutions makes market debut.
• Union Bank hands over record dividend of ₹1,712 crore to government.
• SEBI submits Adani report to Supreme Court, says probe completed.
• Deloitte quits as Adani Ports’ auditor; MSKA & Associates named new auditor.
• Adani family associates invested in its own stocks via foreign funds: Report.
• Bank of England hikes key interest rate by 25 bps to 15-year high to fight inflation.
• Pakistan inflation touches 29.8% amid rise in food, energy prices.
• China’s central bank cuts key interest rate amid concerns for economy.
• Nitin Gadkari launches Bharat New Car Assessment Programme to improve road safety.
• Maruti Suzuki Board approves acquisition of 100% stake in Suzuki Motors Gujarat.
• Hyundai inks asset purchase agreement to acquire General Motors’ Talegaon plant.
• Union Minister Nitin Gadkari unveils world’s first hundred percent Ethanol fuelled car.
• Ola Electric unveils MoveOS 4 update for S1 electric scooter on Independence Day.
• Tata Power and Zoomcar partners to promote electric vehicle adoption and EV charging infra solutions.
• Air India unveils new brand identity, outlines focus on tech, fleet.
• Air India and AccessRail sign agreement to provide access to bus & train connections in European cities.
• Delhi HC asks SpiceJet to pay former promoter Maran ₹100 crore by September 10.
• Kinetic Engineering sets up new firm to make EV motors, controllers and batteries.
• Centre picks TCS to transform e-Marketplace platform.
• Airtel launches India’s first wireless home Wi-Fi service powered by 5G Plus.
• Apple supplier Foxconn ups its investment proposal in Telangana to $550 million.
• PhonePe launches stock broking platform Share (dot) Market.
• Qatar’s QIA invests $474 million in Adani Green.
• Goldman Sachs Invests ₹2,876 crore in Adani Power.
• CarTrade Tech acquires 100% stake of OLX India’s auto business for ₹535.54 crore.
• Aditya Birla group expands hospitality business, adds four restaurant brands.
• Adani enters hospitality business; Adani Airport Holdings forms JV with Travel Food Services.
• RIL, Oberoi sign agreement to manage 3 hotels in India, UK.
• Voot, JioCinema merged; users now free to switch from one platform to other.
• Mastercard signs up as ICC sponsor for 2023 World Cup.
• Meesho becomes first horizontal e-commerce company in India to attain profitability.
• Zepto is first Indian unicorn of 2023, raises $200 million at $1.4 billion valuation.
• Govt appoints R Doraiswamy as LIC MD.
• Axis Bank’s Neelkanth Mishra appointed part-time chairman of UIDAI.
• Nita Ambani steps down from RIL board; Isha, Akash and Anant appointed as non-exec directors.
• Byju’s restructures businesses; consolidates 4 verticals into two.
• Tesla names insider Vaibhav Taneja CFO as Zachary Kirkhorn steps down.

Q1 Results

• State Bank of India Q1 Net profit grows 178% to ₹16,884 crore, NII rose 24.7% to ₹38,905 crore.
• LIC Q1 Net profit rises multifold to ₹9,544 crore, net premium income flat.
• M&M Q1 Net profit up 98% at ₹2,774 crore, revenue jumps 22% YoY to ₹24,056 crore.
• Eicher Motors Q1 profit zooms 50.38% YoY to ₹918 crore, revenue rose 17.33% to ₹3,986.37 crore.
• Maruti Suzuki’s Q1 net profit more than doubles to ₹2,485 crore.
• Bharti Airtel Q1 net profit flat at ₹1,612 crore, revenue up 14% YoY at ₹37,440 crore
• ITC Q1 net profit surges 18% to ₹4,903 crore, revenue declines 9% to ₹15,828 crore; declares 10:1 share swap ratio for hotels business.
• IndiGo posts profit of ₹3,090 crore in Q1 on higher traffic, airfares.
• HPCL Q1 net profit comes in ₹6,765 crore; revenue dips marginally.
• Zomato turns profitable, Q1 PAT comes at ₹2 crore; revenue soars 71% YoY at ₹2,416 crore.
• Sun Pharma Q1 cons PAT falls 2% YoY to ₹2,023 crore, revenue up 11% to ₹11,941 crore.

General News

• Budget session ends amid protests; 34% productivity recorded in Lok Sabha, 24.4% in Rajya Sabha.
• Cabinet approves Indian Space Policy 2023 to enhance role of Dept of Space, boost ISRO’s activities.
• Rajnath Singh chairs SCO defence ministers’ meeting; Pakistan defence minister participates virtually.
• India records defence exports worth ₹15,920 crore in 2022-23.
• India, Canada agree to work on making defence an important pillar of bilateral relationship.
• India rejects China’s move to assign invented names of several places in Arunachal Pradesh.
• India, China agree to maintain security and stability in eastern Ladakh after 18th round of talks.
• 5 Jawans dead after Army vehicle catches fire in J&K’s Poonch; Indian Army confirms terror attack.
• President Droupadi Murmu takes maiden sortie in fighter jet in Assam’s Tezpur.
• India launches Operation Kaveri to evacuate its nationals from Sudan.
• PM Modi holds talks with Bhutanese King Jigme Khesar Namgyel Wangchuck; focus on bilateral ties.
• External Affairs Minister S. Jaishankar embarks on visit to Uganda and Mozambique.
• Ukrainian Minister Emine Dzhaparova visits India amid Russia-Ukraine War.
• Russian Deputy PM Denis Manturov arrives in India for two-day visit.
• India’s population surpasses China’s, shifting the World’s ‘Center of Gravity’.
• Rozgar Mela: PM Modi distributes appointment letters to 71,000 new govt recruits.
• PM Modi inaugurates Northeast’s first AIIMS in Guwahati.
• PM Modi inaugurates, lays foundation stones of various projects worth over ₹11,000 crore in Telangana.
• PM Modi flags off Vande Bharat train, inaugurates water metro project in Kerala.
• Tamil Nadu assembly passes resolution seeking time frame for governors to approve bills.
• Second phase of caste-based census survey begins in Bihar.
• Assam, Arunachal Pradesh ink MoU ending decades-long border dispute in presence of Amit Shah.
• Health Minister Mansukh Mandaviya holds COVID-19 review meeting with health ministers of States/UTs.
• Nationwide mock drill conducted across all hospitals to review preparedness of COVID management.
• President Droupadi Murmu conferred Padma awards for 2023 at the second Civil Investiture Ceremony.
• Nitish Kumar meets Mallikarjun Kharge, Rahul Gandhi; hold talks with Mamata Banerjee, Akhilesh Yadav.
• ISRO successfully conducts ‘Reusable Launch Vehicle’ test from Karnataka.
• ISRO’s PSLV-C55/TeLEOS-2 with two Singaporean satellites lifts off from Sriharikota.
• EC grants national party status to AAP; withdraws national tag of Trinamool Congress, CPI, NCP.
• AAP’s Shelly Oberoi wins Delhi Mayoral election unopposed after BJP withdraws from contest.
• Former Andhra CM Kiran Kumar Reddy, Veteran Congress leader AK Antony’s son Anil Antony join BJP.
• Former Karnataka CM Jagadish Shettar joins Congress.
• Mann ki Baat completes 100 episodes, thousands tune in to celebrate milestone.
• Shiromani Akali Dal patriarch and five-time Punjab CM Parkash Singh Badal, dies at 95.
• Supreme Court junks plea filed by 14 parties over ‘misuse of central probe agencies’.
• SC directs states, UTs to register cases against those making hate speeches even in absence of complaint.
• SC calls Karnataka govt’s move to scrap 4% Muslim quota ‘flawed’.
• Surat court rejects Rahul Gandhi’s plea for stay on conviction in criminal defamation case.
• Govt publishes report on India’s first-ever census of water bodies; 97% of total waterbodies in rural areas.
• Countries rush to evacuate their citizens from Sudan as clashes between army, paramilitary intensifies.
• Russia takes over the presidency of the UN Security Council.
• Finland joins NATO as Russian war prompts shift.
• NATO chief Jens Stoltenberg visits Kyiv for first time since Russian invasion.
• France’s Macron meets China’s Xi as EU leaders begin Beijing talks.
• China vows not to sell arms to any party in Ukraine war.
• China backs Putin’s new foreign policy; says ready to boost ties with Russia, India.
• US, South Korea announce agreement to deter N Korea, including deploying nuclear-armed submarine.
• China, Russia sign memorandum of understanding on maritime law enforcement.
• France’s Macron signs pension reform into law despite protests.
• UK Deputy PM Dominic Raab resigns over probe into bullying allegations.
• Japan and China hold maritime talks as Beijing simulates attack on Taiwan.
• South Korea, U.S., Japan hold anti-North Korea submarine drill.
• Sri Lanka’s local body polls formally postponed indefinitely due to non-availability of funds.
• Finland PM Sanna Marin defeated as party pushed to 3rd place, Conservatives win by thin margin.
• Sports ministry asks IOA to form ad-hoc panel to run WFI, scraps May 7 polls.
• SC notice to Delhi Police on wrestlers’ plea seeking FIR against WFI ex-chief.
• IPL 2023: Gujarat Titans tops the table followed by Lucknow Super Giants and Rajasthan Royals.
• MS Dhoni becomes 1st wicket-keeper to complete 200 dismissals in IPL history.
• Australia announces 17 members squad for World Test Championship final.
• Gates named after Sachin Tendulkar, Brian Lara unveiled at Sydney Cricket Ground.
• PV Sindhu finishes runner-up at Madrid Spain Masters.

Business News

• RBI keeps repo rate unchanged at 6.5%, core inflation remains ‘sticky’.
• RBI allows UPI to be linked to credit Line pre-sanctioned by Banks.
• GST mop up soars to ₹1.6 lakh crore in March and ₹18 lakh crore in FY23.
• Centre releases new rules for online gaming; puts ban on betting.
• Cabinet clears ₹6,000 crore National Quantum Mission to boost research in quantum technology.
• Cabinet approves Cinematograph Amendment Bill 2023, aims to tackle problem of film piracy.
• MeitY proposes rules to enable Aadhaar authentication by entities other than govt.
• India and Malaysia announce trade in Indian Rupees.
• Nirmala Sitharaman, Janet Yellen discuss strengthening India-US economic and financial partnership.
• Ashwini Vaishnaw dedicates 254 4G mobile towers to Nation in Arunachal Pradesh.
• Govt extends mandatory fitness testing of heavy goods, passenger vehicles till October 2024.
• India signs deals with EU for cooperation in aviation safety, air traffic control.
• Civil Aviation Ministry launches UDAN 5.0 to further enhance connectivity to remote areas.
• Govt extends export curbs on gasoline, diesel to ensure availability.
• Centre re-introduces windfall tax on crude oil at ₹6,400, eliminates diesel export duty.
• Govt unveils plans to add 250GW renewable energy capacity in next five years.
• India, Japan and France launch common platform for Sri Lankan debt restructuring programme.
• Karnataka strikes deal with Uttar Pradesh, Rajasthan as power demand peaks.
• Udayshivakumar Infra, Avalon Technologies make their market debuts.
• NSE Indices launches India’s first REITs & InvITs index with six securities.
• TTK Healthcare to delist from BSE, NSE; floor price set at ₹1,051.31/share.
• Apple CEO Tim Cook meets PM Modi; discusses manufacturing and exports with Rajeev Chandrasekhar.
• IMF cuts FY24 India growth forecast by 20 bps to 5.9% as global banking crisis weighs.
• Andhra Pradesh, Karnataka, Kerala, Rajasthan, Telangana lead energy efficiency index 2021-22.
• HDFC Bank signs agreement with Export Import Bank of Korea for $300 million credit line.
• IRDAI designates LIC, GIC Re, and New India as Domestic Systemically Important Insurers (D-SIIs).
• CREDAI, IGBC ink pact to construct 4,000 green, sustainable realty projects by 2030.
• HAL launches new production line in move to speed up delivery of Tejas fighter.
• Indian auto industry registers best-ever car sales in FY23 – 38.89 lakh units sold, 27% increase from FY22.
• White House proposes strict new auto emission limits to boost electric vehicle sales.
• Hyundai Motors finalises $5 billion battery JV in US.
• Bajaj Auto takes over Triumph’s India sales and marketing operations.
• SpiceJet hives off cargo and logistics business into separate entity.
• Virgin Orbit files for bankruptcy protection in US after failing to find funding.
• SpaceX gets US regulatory green light for debut Starship flight to space.
• OPEC+ producers announce voluntary oil output cuts from May to end of 2023.
• Singapore’s Temasek picks up majority stake in Manipal Hospitals, now owns 59%.
• Serum Institute to double investment in Biocon’s unit to $300 million.
• China’s yuan replaces US dollar as most traded currency in Russia.
• US emerges as India’s biggest trading partner in FY23 at $128.55 billion; China at second position.
• China’s economy grew 4.5% in the first quarter, the fastest pace in a year.
• Bank of Japan keeps monetary policy unchanged.
• Pakistan government shares plan with IMF to secure additional $3 billion support.
• UK Inflation falls to 10.1% in the year to March from 10.4% in February.
• South Korea restores Japan on ‘white list’ three years after downgrading trade status.
• Tata Group takesover Wistron’s iPhone plant in Bengaluru.
• Tim Cook opens gates to India’s first Apple store at Mumbai’s BKC, welcomes customers.
• Tamil Nadu inks pact for ₹2,300 crore investment with Nike, Adidas shoes maker Pou Chen.
• PhonePe forays into e-commerce on ONDC, launches dedicated hyper-local app ‘Pincode’.
• Vodafone Idea places ₹200 crore network order with Chinese company ZTE.
• Google rolls out ChatGPT like AI tools for Gmail, Docs in public testing.
• Twitter merged with Elon Musk’s ‘Everything App’ called ‘X’.
• Twitter restores verification badges to those having over one million followers.
• Former Mahindra Group Chairman Keshub Mahindra dies at 99.
• RBI appoints Neeraj Nigam as new Executive Director.
• Uday Kotak to take non-executive role at Kotak Mahindra Bank after his CEO tenure concludes.
• Siddhartha Mohanty appointed as new LIC chairman till June 2024.
• Jet Airways CEO Designate Sanjiv Kapoor quits.

Q4 Results

• HDFC Bank Q4 PAT rises 20% to ₹12,048 crore, NII up 24% to ₹23,352 crore; dividend at ₹19/share.
• Kotak Mahindra Bank Q4 net profit up 26% YoY at ₹3,496 crore, declares dividend of ₹1.5 per share.
• Axis Bank reports Q4 net loss of ₹5,728.42 crore, NII grew by 33.1% YoY to ₹11,742.2 crore.
• IDBI Bank Q4 net profit rises 64% YoY to ₹1,133 crore, NII up 35.3% at ₹3,279.6 crore.
• Yes Bank Q4 Net profit dips 45% to ₹202.43 crore despite 25% rise in total income at ₹7,298.51 crore.
• IndusInd Bank Q4 PAT jumps 50% YoY to ₹2,040 crore; dividend declared at ₹14/share.
• TCS Q4 Net Profit rises 15% YoY to ₹11,436 crore, revenue up 17% to ₹59,162 crore, ₹24 dividend declared.
• Infosys Q4 Revenue up 16% YoY to ₹37,441 crore, profit jumps 8% ₹6,128 crore; declares ₹17.50 dividend.
• HCLTech Q4 net profit rises 11% YoY at ₹3,983 crore, revenue increases 18% to ₹26,606 crore.
• Tech Mahindra Q4 Profit drops 26% YoY to ₹1,118 crore, revenue rose 13.2% to ₹13,718 crore.
• Wipro profit falls to ₹3,075 crore, revenue up at ₹23,190 crore, announces ₹12,000 crore share buyback.
• Maruti Suzuki Q4 Net profit rises 43% to ₹2,624 crore; firm declares ₹90 dividend.
• Bajaj Auto Q4 revenue up 12% to ₹8,905 crore; PAT dips 2% to ₹1,433 crore.
• RIL Q4 net profit jumps 19% YoY to ₹19,300 crore, revenue rose 2.12% to ₹2,16,376 crore.
• Reliance Jio Q4 net profit rises 13% to ₹4,716 crore, revenue increases 12% to ₹23,394 crore.
• Reliance Retail Q4 Net profit up 13% at ₹2,415 crore on highest ever footfalls.
• HUL Q4 net profit up 13% YoY at ₹2,601 crore, revenue rises 11% to ₹15,277 crore; dividend at ₹22/share.
• UltraTech Cement Q4 Net profit sinks 32% to ₹1,696 crore, revenue up 18.36% at ₹18,662.38 crore.