India Financial News

Subscribe to enjoy similar stories. India’s aerospace and defence manufacturing ecosystem is entering a decisive phase. Rising defence spending, a sharper focus on indigenization and growing export ambition are creating a longer runway for domestic suppliers.

Subscribe to enjoy similar stories. India's only agri derivatives exchange National Commodity and Derivatives Exchange Ltd (NCDEX) is evaluating technical proposals from reputed global vendors—including its existing vendor LSEG (London Stock Exchange Group), US-based Nasdaq, London-headquartered Aquis and India's largest software exporter Tata Consultancy Services Ltd (TCS)—for its equity and equity derivatives platform slated for launch in the next fiscal year, according to a person aware of the development.

Mining in India remains heavily shaped by environmental clearances, social expectations, and regulatory scrutiny. Projects move through multiple layers of approvals—from forest and wildlife permissions to geological assessment, land acquisition, and community consultations. Delays can stretch into years.

Subscribe to enjoy similar stories. New Delhi: India has revised rules for opening retail outlets under a government scheme to sell high-quality generic drugs at affordable prices, mandating a minimum distance of 500 meters between stores in major urban areas, according to two officials and a document reviewed by Mint. This decision replaces the guidelines issued in September, and seeks to balance the scheme’s rapid expansion with the financial health of Pradhan Mantri Bharatiya Janaushadhi Kendras.

Subscribe to enjoy similar stories. NEW DELHI : Obtaining informed consent, usage-based billing, and the public display of charges are among the Centre’s latest guidelines to regulate the use of high-cost ventilators in private hospitals.

Subscribe to enjoy similar stories. Shares of Zydus Wellness Ltd were trading near ₹403 when the company announced the acquisition of UK-based Comfort Click Ltd for about ₹2,380 crore on 29 August. The market initially welcomed the deal, pushing the stock to an all-time high of ₹530.90 on 19 September.

Subscribe to enjoy similar stories. A 0.25% rate cut looks tiny on paper. But on a ₹50 lakh home loan, it can unlock thousands of rupees a year—and lakhs in lifetime interest—depending entirely on what you do with it.

Subscribe to enjoy similar stories. MUMBAI: With the benchmark Nifty 50 trading just 2% below its 52-week high, India’s equity market appears buoyant. But beneath the surface, a very different story is playing out.

In 1980, neither China nor India had much representation in the ‘global middle class’—people who neither belong to the bottom half of the income distribution nor rank among the top 10% worldwide. Almost a half-century later, things have changed—but in very different ways.

India is a nation on a trajectory of rapid economic growth and today stands at the threshold of a defining era.This growth is being channelled through ambitious national goals that explicitly link innovation with sustainability, notably India’s commitment to achieving net-zero emissions by 2070 and its push to strengthen advanced manufacturing and global technology capabilities through initiatives such as Make in India and the Production Linked Incentive (PLI) schemes.This approach to combining scale with responsibility positions India as an increasingly attractive partner for countries across the world.Finland, a country renowned for innovation, clean technologies, and robust public and industrial systems, shares this forward-looking vision.Finland’s national goal is to achieve carbon neutrality by 2035, a significantly more ambitious timeline than the European Union’s overall target of 2050.The current annual bilateral trade value between India and Finland, at approximately €3 billion, remains modest relative to the potential of two innovation-driven economies.

Earlier this month, the Delhi high court, in separate judgements, allowed Dr Reddy’s Laboratories and Sun Pharmaceutical Industries to manufacture and export generic semaglutide to non-patent-holding countries. However, both companies cannot sell the drug domestically until innovator Novo Nordisk loses its patent-exclusivity rights in the country in March 2026.While experts said the move by Dr Reddy’s and Sun Pharma is to grab an early-mover advantage in selling the blockbuster weight-loss drug, the companies won’t be the first to enter non-patented markets.

Subscribe to enjoy similar stories. The artificial intelligence boom has propelled US technology stocks to historic highs, while India’s IT services sector is struggling to keep pace, slipping into one of its weakest relative phases since 2023. On a rolling three-year basis, the Nifty IT index is now underperforming its US technology peers in the Nasdaq by over 40%.

By adopting the Sustainable Harnessing of Nuclear Energy for Transforming India (Shanti) Act of 2025, which subsumes and replaces both the Atomic Energy Act of 1962 and Civil Liability for Nuclear Damage Act of 2010, India is set to align its legal framework for nuclear power generation with standard global practices. Since this move could give atomic reactors a role in our transition to clean energy, it is welcome.

Subscribe to enjoy similar stories. Bearish forces have been unrelenting and the trends are unable to stage any recovery despite the best intentions. With the trends remaining challenged the road ahead is fraught with uncertainty.

It’s a reasonable hope that no single platform comes to dominate India’s adoption of AI chatbots. Social media saw free services join forces with network effects to place all major formats under the control of X and Meta’s three popular platforms. November data from a report by Bank of America Securities suggests that we might escape that fate in the AI chatbot space.

Subscribe to enjoy similar stories. As the markets trade very close to record highs, finding value always becomes a challenge. However, here are three stocks from the chemical sector that continue to remain undervalued using specific criteria.

Subscribe to enjoy similar stories. Mumbai: A plan by the National Payments Corp. of India (NPCI) to restrict an app to a little over a third of the overall transactions on fast payments platform UPI by the end of 2026 is a tough ask, regulators and financial sector experts said.

Subscribe to enjoy similar stories. Stock market recap: Indian stock market benchmarks–the Sensex and the Nifty 50–ended flat with negative biases on Thursday, 18 December 18, due to a lack of fresh triggers. The Sensex closed 78 points, or 0.09%, lower at 84,481.81, while the Nifty 50 settled at 25,815.55, down 3 points, or 0.01%.

Mint.The sustainable transport provider, which operates a fleet of more than 1,400 vehicles, is targeting BluSmart’s over 5,000 charging stations and technology stack, and has asked its interim resolution professional (IRP) to reopen the expression of interest (EoI) window after missing the initial deadline, said a person familiar with the matter.The firm is expanding its presence across its five cities of operation: Bengaluru, Hyderabad, Delhi, Mumbai, and Chennai.To be sure, Refex Mobility is a wholly owned subsidiary of conglomerate Refex Industries Ltd, which had been in talks to acquire Gensol Engineering Ltd’s 2,997 electric cars leased to the electric cab operator, but dropped the deal in March after the latter’s ratings were downgraded.Arun, who exited the ride-hailing company during its debt-repayment crisis earlier in 2025, along with chief technology officer Rishabh Sood and chief business officer Tushar Garg, joined Refex Mobility in August as its CEO.In March, credit rating agencies Icra Ltd and CARE Ratings Ltd downgraded Gensol’s credit rating to junk due to delays in debt servicing, prompting Refex Industries to cancel the ₹315-crore deal with Gensol.In April, the Securities and Exchange Board of India (Sebi) barred Gensol, its chief executive Anmol Singh Jaggi and promoter director Puneet Singh Jaggi from the securities market over charges of fund diversion.Soon, the operations of the Jaggi brothers and Punit Goyal-founded company came to a grinding halt, pushing its group companies into insolvency court.The National Company Law Tribunal’s (NCLT) Ahmedabad bench commenced BluSmart Mobility's corporate insolvency resolution process (CIRP) on 28 July on a plea filed by Catalyst Trusteeship over a default

On Thursday the Union government passed the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill 2025 in the Lok Sabha, proposing a sweeping overhaul of India’s two-decade-old rural job guarantee programme. It has now been sent to the Rajya Sabha for discussion.The new bill seeks to replace the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA), 2005 and the scheme named after it, MGNREGS, which has 260 million registered workers and covers 26,9000 gram panchayats across India.According to the government, the bill seeks to transform the nature of the scheme by bringing states in as partners, and resolve a longstanding problem in the rural job market—of MGNREGA jobs competing with regular ones when their wages are close to or higher than what local farmers or small contractors pay.Critics, however, say the bill significantly increases the financial and administrative burden on local governments as it passes on some of the wage costs – currently borne entirely by the Centre – to states.Mint takes a closer look at proposed changes, their implications, and the critisisms against them.In a statement on the new bill, the government said rural India has undergone a transformation over the past two decades.

Subscribe to enjoy similar stories. New Delhi: India's food delivery sector directly employed 1.37 million workers in 2023-24, up from 1.08 million in 2021-22, expanding at a compound annual growth rate (CAGR) of 12.3%, according to a recent study by the National Council of Applied Economic Research (NCAER), and investment group Prosus. It thus comfortably outpaced India’s overall employment growth rate of 7.9% over the same period.