India Financial News

25.12 / 04:33
markets Manufacturing economy President Relationships International Destinations Japan seems to be betting on India—why the timing matters
Japanese businesses are pivoting towards India as an investment destination promising robust returns—but also, how Tokyo, after over three decades of diplomatic efforts, is ready to walk the talk on deepening strategic relationships with New Delhi as both countries want to develop a meaningful counter to China’s might.For India’s financial sector, the deals in 2025 mark a moment worth noting. Foreign investors are returning with conviction, and Japan—long a steady but cautious partner—appears increasingly willing to deploy serious capital.It is a striking contrast to the dismissive description of India as a “dead economy” offered earlier this year by US President Donald Trump.
25.12 / 03:37
markets Digital Manufacturing Strategy economy Trade country India at inflection point: Seizing leadership in changed global trade landscape
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected] global trading system is undergoing a profound transformation.
25.12 / 03:37
markets IPO Booking Experts performer track Updates As Santa bails on Dalal Street, domestic investors come to the rescue
Sensex is on track to end December marginally in the red, extending last year’s weak finish and marking the sixth time in close to a decade that the benchmark index has closed the holiday month with losses.A Mint analysis shows the index headed for a modest decline of about 0.2% in December, following a 2% fall in December 2024. The only worse December in recent years was 2022, when the Sensex dropped almost 4%.
25.12 / 03:37
markets UPS FIVE Manufacturing reports International Four power transmission stocks down up to 55% from 52-week highs
By 2027, the world's electricity consumption is expected to rise by about 8300 TWh, with emerging economies making the largest contribution.India's 1700 TWh electricity demand is predicted to increase by more than 20% by 2027 due to industrialisation and the ambitions of the country's expanding middle class.India's power transmission market is expanding significantly due to the country's electrical grid modernisation and expansion, which support its growing industrial base and rising electricity demand resulting from urbanisation and economic growth.With growth rates much higher than the global average, the nation is one of the most vibrant and quickly expanding power transmission markets in the world.However, certain stocks in the power transmission sector have seen significant declines, dropping by as much as 55% from their 52-week highs.Let's discuss four of these stocks. Please note, this is neither a stock recommendation nor a fundamental analysis of these companies.Transformers and Rectifiers (India) has established itself as a top partner for high-voltage power transformers and reactors for customers worldwide, with three cutting-edge transformer manufacturing facilities.Its wide range of products includes power transformers up to 500 MVA and 1200 kV class, furnace transformers, rectifier and distribution transformers and speciality transformers for a variety of uses, including locomotive traction, series and shunt reactors, and mobile substations.
25.12 / 03:13
markets Updates Mint Quick Edit | AI and jobless growth: Why US monetary policy may start resembling India’s
Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.12 / 03:13
markets UPS Citi Platform audience travelers Updates Startups turn concierges as India’s affluent are ready to pay to have life play to their tune
For India’s affluent, convenience never sat in apps or bookings but in the privilege of things done for them—access to anything, anywhere with no friction or complexity and satisfaction guaranteed. That was traditionally delivered by humans: house managers, executive assistants, and trusted fixers who served the everyday world to the wealthy.Now, a new set of startups is attempting to sculpt that quiet operating system into a product.Over the past year, personal concierge services have drawn renewed attention from founders and large consumer platforms alike.
25.12 / 00:43
Aware CEO Platform Food trends information prevention From loose almonds to luxe trail mixes, India’s dry fruits are evolving
processing, packaging, food-safety systems, branding and value-addition across all categories.Organized processors and brands are increasingly investing in modern facilities that meet food safety, traceability and quality standards, in line with the Food Safety and Standards Authority of India (FSSAI) regulations.“Nowadays consumers are far more conscious about quality, hygiene, origin and nutritional information. This is pushing the demand and companies to adopt better processing practices and introduce new products,” said Yash Gawdi, founder & CEO, Candor Foods Pvt Ltd.According to doctors, the rising consumption of dry fruits and nuts reflects a broader shift.
25.12 / 00:43
markets UPS Booking Software Enterprise Experts reports Growing, but not adding up: The AI revenue paradox for TCS, Accenture
Artificial intelligence has emerged as the fastest-growing segment for large IT services companies, but with a twist. Experts and industry leaders both say that the red-hot technology is not materially expanding revenues, instead improving efficiency while cannibalising current revenue visibility.For Accenture Plc, the world’s biggest IT services company, advanced AI revenue more than doubled year-on-year (y-o-y) to $1.1 billion, against a 5.95% y-o-y rise in quarterly revenue of $18.74 billion in the September-November quarter.
25.12 / 00:43
markets UPS Target FIVE Manufacturing Mobile Sustainability Govt may double FY27 auto PLI funds to bump up disbursal lag, but application window unlikely to reopen
₹5,500 crore in FY27 from ₹2,800 crore this fiscal year, according to two people aware of the discussions. This will underscore policy continuity in India’s electric vehicle (EV)-led transition, even as disbursals trail targets and newer automakers remain excluded.A proposal to this effect has been submitted by the heavy industries ministry to the finance ministry for the PLI scheme that has a ₹25,938 crore outlay over five years (FY25-29), and consultations are underway for the same, the people cited above said.“The scheme’s outlay is expected to be around ₹5,500 crore for FY27,” said one of the two people cited above, requesting anonymity.Notified in 2021, the PLI-Auto scheme aims to boost domestic manufacturing of advanced automotive technologies and position India as a global electric vehicle hub.
25.12 / 00:43
UPS economy Sustainability wellness Bill Trade shock India’s economy set for a payoff phase—if external risks don't trip it up
Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected] a year marked by punishing US tariffs, climate-linked disruptions, and global uncertainty, India may finally be approaching a payoff phase.
25.12 / 00:43
markets COST Citi Mobile band country reports BSNL to shut down 3G, end legacy vendor contracts for better 4G
As part of a broader effort to cut costs, Bharat Sanchar Nigam Ltd (BSNL) will shut down its 3G mobile services nationwide. The state-owned telecom operator also plans to terminate annual maintenance contracts (AMCs) with vendors such as Nokia and Chinese equipment maker ZTE for the 3G sites, according to two officials familiar with the matter and letters seen by Mint.The move comes as the state-run telecom operator focuses on its 4G network, having currently installed 97,481 4G towers across the country.
24.12 / 17:51
Citi Provident Target Mobile Discover reports Updates CESL finds lower-than-estimated prices in 10,900 e-bus tender
Mint reported earlier on 1 November that PMI, EKA and Olectra were eyeing this tender. EKA confirmed the development to Mint.
24.12 / 14:23
markets COST Citi show Updates Headlines Mint Explainer | Cheaper loans, rising prices—is buying a home really affordable?
Mint breaks down what’s driving this improvement and why affordability is still under pressure.India’s residential real estate market continues to see strong demand. Despite housing prices being on the rise, certain cities, including Mumbai, the country’s most valuable property market, are seeing improving homebuyer affordability.Knight Frank’s Affordability Index, which measures the proportion of household income spent on equated monthly instalments (EMIs), shows a consistent improvement across the top eight cities since 2010.Affordability is influenced by three key factors: weighted average prices, income levels and home loan interest rates.
24.12 / 11:37
COST UPS IPO FIVE economy Enterprise Maharashtra discom MSEDCL to hive off farm power, cut debt ahead of IPO
Subscribe to enjoy similar stories. Mumbai: Maharashtra State Electricity Distribution Company Ltd (MSEDCL) will restructure its operations to manage debt and enhance its appeal to investors ahead of its planned public listing next fiscal year, its top official said. Also called Mahavitaran, the state government-owned power distributor will be split into two entities, with one taking over electricity supply to the farm sector along with ₹75,000 crore in outstanding dues from farmers, Lokesh Chandra, the chairman and managing director of MSEDCL, said.
24.12 / 11:37
markets UPS Man awards Food International Profiles One man distilled up Amrut and Indri single malts—meet India’s Surrinder Kumar
Subscribe to enjoy similar stories. New Delhi/Karnal: In 2002, Rakshit Jagdale, a young MBA student, went pub crawling in Glasgow, Scotland. Not on a drunken soiree with batchmates but on a more onerous task, assigned by his father.
24.12 / 09:21
markets UPS Aware security performer cover Mutual funds wary of Sebi proposal to link fees to performance, cite complexity in calculations
Subscribe to enjoy similar stories. Mutual funds are pushing back against the Indian market regulator’s proposal to introduce a fee linked to good performance, citing the difficulty of calculating these amounts.
24.12 / 08:45
Aware Experts performer stage reports Department Profiles Power PSUs weigh exit from debt-laden energy-efficiency venture as stress mounts
Subscribe to enjoy similar stories. NEW DELHI: Any private takers for a loss-making company owned by public sector power giants that is owed over ₹4,000 crore and has borrowed heavily to fund its investments? The answer will be known when the company’s promoters decide to list its shares. The company is Energy Efficiency Services Ltd (EESL), a joint venture owned by state-run NTPC Ltd, Power Finance Corp., Rural Electrification Corp.
24.12 / 08:45
markets Digital economy country information Updates inequality Household income survey 2026: Why we need to tackle a data blind spot on what Indian homes earn
For decades, India has relied on its household consumption expenditure as the primary measure of welfare, poverty and inequality. While it is still important, it could be supplemented with new approaches that capture certain aspects of a rapidly transforming economy driven by technology and services in which households may have increasingly diversified sources of income.
24.12 / 08:45
COST Target Manufacturing security Research International Kajaria Ceramics needs to grout the cracks after fraud disclosure
Subscribe to enjoy similar stories. Kajaria Ceramics’ recent disclosure of fraud is a sentiment dampener as it raises corporate governance issues. During the rollout of a new vendor onboarding system, Kajaria found an embezzlement of around ₹20 crore.
24.12 / 06:13
markets economy Sustainability Research wellness Trade Experts Gold in your portfolio: What to expect from the safe-haven asset in volatile times
Subscribe to enjoy similar stories. MUMBAI : Elevated inflation risks, volatility in global equity markets, and steady physical demand from India and China have together reinforced gold’s role as a portfolio stabilizer at a time when economic visibility remains poor. Gold has continued to attract investors for its safe-haven status amid currency weakness and geopolitical stress.
24.12 / 04:37
UPS Digital security Mobile inclusion Beyond the wallet: How payments banks have quietly re-invented themselves
Subscribe to enjoy similar stories. Payments banks are an odd hybrid—part bank, part wallet, part financial marketplace. They accept deposits like banks, but unlike full-service lenders, they are not allowed to lend.

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