India Financial News

Subscribe to enjoy similar stories.The other day, I came across an exchange on X where an American trader posted a confident thesis: AI would compress revenues of Indian IT companies like TCS and Infosys. Reasonable concern. Many analysts have raised it.

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Subscribe to enjoy similar stories.To my mind, there is one thing the US version of The Office did better than the BBC original, created by Ricky Gervais and Stephen Merchant. This, I assure you, is a big deal because I worship at the altar of those flawlessly written British episodes.

Subscribe to enjoy similar stories.Despite the craze for Korean literature in India, you’d be hard-pressed to find an Indian fan who knows of Don Mee Choi. She writes poetry, not fiction.

Subscribe to enjoy similar stories.In 2018, photographer and documentary filmmaker Shino Cherian decided, on an impulse, to attend the Koovagam festival in Tamil Nadu, which spans 18 days of the month of Chithirai (April-May) in the Tamil calendar.At 28, he hadn’t done anything close to as daring as venturing into a completely unknown terrain, inhabited by people who were nothing like him. However, along with his friend and fellow photographer Ram Manu Prasad, Cherian went on to document the events of the crucial two days that mark the end of the festival.

Subscribe to enjoy similar stories.About a decade ago, when I told one of my aunts about my first job at a news agency, she said, “You will become jhola-chappal wali now”. Jhola meant cloth bag, and chappal, Kolhapuris, the clichéd Indian journalist’s uniform. I did become that person, quite proudly.

Subscribe to enjoy similar stories.Ritwik Pareek’s film opens with the image of a temple on a hill after dusk, prayer bells on the soundtrack. This gives way seconds later to shots of distant highway traffic and a great reverberating spaghetti western guitar chord. A man stumbles out of a dive bar, slurs a farewell “Jai siya Ram” and rides off into the night.

Subscribe to enjoy similar stories.Back in school, Gaurav Banerjee wrote some poetry, following in the footsteps of his father, a civil servant who was also a poet. He didn’t think it was anywhere close to what his father wrote nor good enough to be shown to anyone.

Subscribe to enjoy similar stories.Rail engineering firm Jupiter Wagons Ltd is preparing a major global expansion through exports of battery energy storage systems (BESS), wheelsets and freight wagons, while also entering passenger coach and metro train manufacturing through a partnership with a global rail company.The company expects exports and new mobility businesses to become key growth drivers over the next three years as it diversifies beyond its core wagon manufacturing operations, looking to double its revenues by 2028-29.“Exports could contribute 20-25% of revenue over the next few years as we scale up our battery systems, wheelsets and wagon businesses internationally,” managing director Vivek Lohia told Mint in an interview, adding that the company’s proposed entry into rail coach manufacturing later in 2026 would also provide opportunities for tapping the market for exports.The company’s current exports contribute less than 5% of its annual revenue.Jupiter Wagons, which accounts for over 40% of India’s wagon manufacturing capacity, is already exporting BESS to the US and African markets and plans to scale overseas shipments significantly after securing international certifications later this fiscal year.“We are pursuing international certifications for BESS to comply with stringent US and EU standards that will help scale exports of this product,” Lohia said.The company’s containerized BESS based on lithium-iron-phosphate technology are being deployed for renewable energy storage, industrial backup, EV charging and data centre applications.“We are seeing strong demand not only from engineering, procurement, and construction applications but also from commercial and industrial users,” Lohia said.The company

Subscribe to enjoy similar stories.In 1580, the sultan of Bijapur was stabbed to death in his own bedroom. Ali Adil Shah was an interesting type of chap. He ate not less than 12 eggs per day for his health; he liked to read, travelling even to battlefields with books; had interests in philosophy and the occult; and also styled himself a Sufi.

Subscribe to enjoy similar stories.From India and Vietnam upgrading their bilateral ties and setting a $25 billion trade target by 2030, to four states declaring assembly election verdicts amid a mixed economic backdrop, direct tax collections falling short of revised estimates in FY26, manufacturing and services activity rebounding in April, and India’s domestic LPG consumption taking a hit due to West Asia war—here is a compilation of this week’s news in numbers.India and Vietnam have set a target of raising bilateral trade to $25 billion by 2030, following talks between Prime Minister Narendra Modi and Vietnam President To Lam in New Delhi this week. The two countries also upgraded ties to an “Enhanced Comprehensive Strategic Partnership”, signalling deeper cooperation in trade, defence and technology.Trade has steadily expanded over the past decade, crossing $18 billion in FY26.

Subscribe to enjoy similar stories.Rishu Goswami farms six acres of land in Bilawar, a village in Kathua district of Jammu and Kashmir. Agriculture is his only income. For years, he has watched it rain at the wrong time.“It no longer rains as it used to,” he said.

Subscribe to enjoy similar stories.Indian pharma stocks are attracting foreign institutional investors (FIIs) due to their strong export orientation, especially in regulated markets like the US, and consistent demand for generics and speciality drugs.Companies are benefiting from cost advantages, improving compliance records, and a growing focus on complex formulations and APIs.Additionally, defensive characteristics during global uncertainty make pharma appealing. Here are three pharma stocks where FIIs have hiked their stake in the March 2026 quarter.Shilpa Medicare is a niche Indian pharma company focused on oncology APIs, complex formulations, and CDMO services.

Subscribe to enjoy similar stories.In 1954, conductor Herbert von Karajan and the Philharmonia Orchestra released what was considered a definitive recording of Ludwig van Beethoven’s Ninth Symphony. It was meant to capture the grandeur of the Ode to Joy for home listeners.But when Amar Bose, then a brilliant graduate student at Massachusetts Institute of Technology and an obsessive music lover, bought an expensive high-fidelity stereo to listen to it in 1956, he was deeply disappointed.The symphony, which should have felt like a tidal wave of sound, felt more like a trickle.

Subscribe to enjoy similar stories.Accor, the French hospitality giant, is betting big on the quiet shift in India's luxury hotel industry, where domestic travellers, not foreign tourists, are the primary engine of the high-end hospitality market.India’s luxury hotel boom still has room to run, according to the chairman of Accor India and group CEO, Ennismore, Gaurav Bhushan, who said the country is only ‘just getting started’ as affluent domestic travellers increasingly spend on high-end experiences and boutique hospitality.“The Indian luxury consumer is spending more on experiences than ever before,” Bhushan, recently appointed chairman for Accor in India, told Mint. “As long as you offer a real product and a real experience, people will spend.

Subscribe to enjoy similar stories.NTPC Ltd, Indian Oil Corporation Ltd, and Coal India Ltd are planing to list their joint venture Hindustan Urvarak & Rasayan Ltd (HURL) to raise up to ₹6,000 crore in fiscal year 2027 (FY27) as part of Centre's asset monetization plan, said two people aware of the matter.NTPC also plans to list its subsidiaries North Eastern Electric Power Corp. Ltd (NEEPCO) and THDC India Ltd (THDC), which is a joint venture (JV) of NTPC and Uttar Pradesh government."The plan is to bring the public offering of HURL within the ongoing fiscal as part of the asset monetization roadmap by offloading 10-11% stake in total to raise ₹5,000-6,000 crore," said the first of the two persons cited earlier, both of whom spoke on the condition of anonymity.The listing of the three companies would require approval from the Department of Investment and Public Asset Management, the second person said.

Subscribe to enjoy similar stories.India’s health ministry has initiated comprehensive precautionary surveillance measures in response to reported cases of hantavirus infection occurring onboard the cruise ship MV Hondius, according to the two officials familiar with the matter.The ministry is monitoring the situation in close coordination with the National Centre for Disease Control (NCDC), the Integrated Disease Surveillance Programme (IDSP), and the World Health Organization (WHO).The officials cited above confirmed that two Indian nationals are currently onboard the MV Hondius. “Both individuals are presently asymptomatic and are under observation in accordance with established international health protocols,” one of the officials said.“The Union health ministry remains vigilant and is maintaining close coordination with WHO and other international partners,” the official said, adding that necessary public health measures are also being undertaken proactively to safeguard the health and wellbeing of Indian citizens.As per preliminary data shared via the WHO under the International Health Regulations (IHR) framework, health officials have identified a total of eight probable cases of hantavirus infection among those on the vessel.

Subscribe to enjoy similar stories.Renewed hostilities near the Strait of Hormuz sparked a choppy retreat in domestic equities, even as favourable state-election outcomes provided a brief cushion to markets this week. Benchmark indices fell about 0.6% on Friday amid a global risk-off mood, as Iran accused the US of breaching their ceasefire agreement, citing attacks on its oil tankers and air strikes on coastal areas.But markets ultimately eked out marginal weekly gains, though the underlying sentiment remained fragile and directionless.

Subscribe to enjoy similar stories.OnEMI Technology Ltd, the operator of digital lending platform Kissht, listed on the National Stock Exchange (NSE) on Friday at ₹190 per share, an 11.1% premium to its issue price of ₹171. The debut offers one of the clearest public-market tests yet of whether an app-first lender can be valued beyond just another unsecured credit player.That question matters because while the market has large listed financial firms such as Bajaj Finance, Bajaj Finserv, and Aye Finance, it has few listed pure-play digital lenders of Kissht’s kind.

Subscribe to enjoy similar stories.BENGALURU: India’s quick commerce sector may be entering a new phase where blistering growth begins to cool even as the overall momentum remains intact.Eternal Ltd’s Q4 shareholder letter showed Blinkit’s net order value (NOV) grew 8% to ₹14,386 crore sequentially, compared to 13% growth QoQ in the previous quarter. On the other hand, Instamart’s gross order value (GOV) fell to ₹7,881 crore from ₹7,938 crore in the previous quarter.