India Financial News

Subscribe to enjoy similar stories. Local video streaming platforms focussed on regional languages and niche target audiences are increasingly getting a substantial chunk of their revenue from overseas Indian viewers, in some cases up to 40%.

Subscribe to enjoy similar stories. US equity indices have been in the red for the past month as recession fears take centre-stage. Add to that the US President’s steep spending cuts and tariff hikes and it’s no wonder investors are getting jittery, preferring to shift their stock bets to other countries.

Subscribe to enjoy similar stories. Earlier this month, M.F. Husain’s Untitled (Gram Yatra) created a record at Christie’s South Asian Modern and Contemporary Art sale in New York.

Mahua Moitra's petition seeking transparency and investor awareness in India's financial markets. The MP is asking for transparency by mandating public disclosure of Ultimate Beneficial Owners (UBO) details as well as portfolio holdings of Alternative Investment Funds (AIFs) and Foreign Portfolio Investors (FPIs). The rapid expansion of AIFs and FPIs in India's financial markets has given rise to serious transparency concerns. Unlike Mutual Funds, which are subject to stringent public disclosure norms, AIFs and FPIs operate under opaque structures, raising risks of market manipulation, money laundering, and tax evasion, said Moitra. «Securities and Exchange Board of India (SEBI), a statutory body, regulates the securities markets in India. As part of its mandate, SEBI oversees the operations of Alternative Investment Funds (AIF) and Foreign Portfolio Investors (FPI) in India. SEBI (Alternative Investment Funds) Regulations, 2012 and SEBI (Foreign Portfolio Investors) Regulations, 2019 have been enacted for the regulation of AIF's and FPI's in India,» the petition stated. «However, while Mutual Funds (known as 'Collective Investment Schemes') are subjected to strict public disclosure norms (under SEBI Mutual Fund Regulations 1996 & SEBI Collective Investment Scheme (CIS) Regulation 1999, etc.), there are virtually no public disclosure norms for both AIFs as well as FPIs in India,» according to the MP's petition.

Ryan Rickelton was left gobsmacked after witnessing Suryakumar Yadav execute his trademark shot, something he is not willing to pull off anytime soon. During the Mumbai Indians encounter against Kolkata Knight Riders in the ongoing Indian Premier League (IPL) at Wankhede on Monday, Suryakumar made his presence felt with a pulsating cameo towards the end. In a low-scoring encounter, Mumbai were asked to chase down 117 by the Knight Riders. Rickelton had done most of the job by the time Suryakumar arrived at the crease. On his second delivery of the night, Suryakumar effortlessly unleashed his trademark shot. Without wasting much time, he got across the line and scooped it over the fine-leg boundary straight into the stand. «I just said to Quinny that SKY is a joke, stuff that I can't do, stuff that I can't dream of. He has played that shot many a time, I'm not going to try it but I'm glad that he is in our team,» Rickelton said after the match.

Khaitan Chemicals & Fertilizers Ltd.(up 5.47%), Rama Phosphates Ltd.(up 4.22%), Paradeep Phosphates Ltd.(up 3.88%), Krishana Phoschem Ltd.(up 3.62%), Agro Phos India Ltd.(up 3.18%), Madras Fertilizers Ltd.(up 3.02%), Southern Petrochemicals Industries Corporation Ltd.(up 2.25%), Zuari Agro Chemicals Ltd.(up 2.23%), Madhya Bharat Agro Products Ltd.(up 2.18%) and Gujarat State Fertilizer & Chemicals Ltd.(up 1.92%) were among the top gainers.

Indian market is likely to trade lower on Tuesday, tracking muted global cues. The Nifty future closed negative with losses of 0.57% at 23,643 levels on Friday.

Indian Economic Service (IES) Examination in 2024 was an achievement beyond Aahana Srishti’s wildest dreams. Taking to LinkedIn, Aahana Srishti emphasised the importance of having a Plan B for civil service aspirants.

Donald Trump’s threat of more penalties against Russia raised concerns over potential disruptions to oil flows. State-owned Bharat Petroleum Corp. and Hindustan Petroleum Corp. are seeking additional supplies for May arrival from regions such as the Middle East, North Sea and Mediterranean, said people familiar with the matter. The trading cycle for barrels delivered next month is typically concluded in early March. On Sunday, Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine. The comments drove benchmark futures higher, with West Texas Intermediate surging 3.1% on Monday, the biggest gain in almost 11 weeks.

Assam Chief Minister Himanta Biswa Sarma on Tuesday strongly criticised and condemned the remarks made by the Chief Adviser of Bangladesh's interim government, Muhammad Yunus, claiming that Bangladesh is the «only guardian» of the Indian Ocean for the region, as the seven northeastern Indian states are «landlocked». Yunus made these remarks during his four-day visit to China. Taking to the social media platform X, the Assam CM said that the statement was «offensive and strongly condemnable», noting that the region had been under ongoing security risk discourse linked to India's critical 'Chicken's Neck' corridor." Sarma further highlighted historical suggestions by some internal elements in India to sever this critical passageway and isolate the Northeast. «The statement made by Md Younis of Bangladesh so-called interim Government referring to the seven sister states of Northeast India as landlocked and positioning Bangladesh as their guardian of ocean access is offensive and strongly condemnable. This remark underscores the persistent vulnerability narrative associated with India's strategic „Chicken's Neck“ corridor. Historically, even internal elements within India have dangerously suggested severing this critical passageway to isolate the Northeast from the mainland physically,» Sarma said.

Subscribe to enjoy similar stories. Following the premature redemption of several gold bond schemes, the government has abruptly ended yet another gold scheme launched less than a decade ago. The decision comes as the gold prices look poised to climb to ₹1 lakh per 10 grammes.

Subscribe to enjoy similar stories. Star Health Insurance, India's largest stand-alone health insurance company, has been under the regulator's radar for alleged violations in claim settlement. According to the insurance statistics handbook of the Insurance Regulatory and Development Authority of India (Irdai), Star Health and Allied Insurance Co.

Subscribe to enjoy similar stories. No matter how high the inflation is, their demand is inelastic. No matter how slow the current profit growth is, these companies spend on research and development (R&D) for future growth.

Hindustan Aeronautics Ltd (HAL) shares will be in focus on Tuesday after the company signed a Rs 62,700-crore contract with the Ministry of Defence for the supply of 156 Made-in-India Light Combat Helicopters (LCH) Prachand for the Indian Army and Air Force. The deal, cleared by the Cabinet Committee on Security, marks India's largest-ever defence procurement. In June 2024, HAL received an order for 156 Light Combat Helicopters. Out of these 156 helicopters, 90 will be allocated to the Indian Army and 60 to the Indian Air Force. These helicopters are manufactured at HAL's Tumukru plant in Karnataka.

Donald Trump’s tariffs. Some are confident that whatever is announced on Wednesday will not hurt them; others are genuinely uncertain how to manage if they can’t export to the US. The pharmaceutical industry — which is well known globally for churning out generic drugs that are the backbone of many countries’ health systems — should be particularly worried. Over 30% of Indian pharma exports go to the US, and it provides an even larger proportion of earnings. Trump has promised, in the past, that levies on pharma imports would begin at 25%, similar to what he imposed on cars recently. But the president seems to have walked that back more recently, perhaps because the administration is uncertain of the consequences of a sharp rise in the price of off-patent drugs.

Vodafone Idea shares will be in focus on Tuesday as the government converts Rs 36,950 crore of the telco’s outstanding spectrum payment dues into equity, reducing its statutory liabilities and supporting its financial viability. The move will raise the Centre’s stake in Vi from 22.6% to 48.99%. At the same time, private promoters Vodafone Plc and Aditya Birla Group (ABG) will see their holdings drop to 16.1% and 9.4%, respectively, though they will retain operational control.

Subscribe to enjoy similar stories. JSW Steel Ltd is poised to improve its near-term profitability from the lows of the December quarter (Q3FY25), aided by multiple factors such as improved realisation thanks to the proposed safeguard duty by the directorate general of trade remedies (DGTR), lower raw material costs, and higher volumes amid robust domestic demand.

Subscribe to enjoy similar stories. The tax relief provided in the Union budget takes effect from 1 April. Taxpayers can now expect more money left in their hands.

Natasa Stankovic? All eyes were on Jasmin Walia, Pandya’s rumoured new ladylove, as she was seen cheering for the Mumbai Indian’s captain during the IPL match. She was also seen boarding the MI team bus after they scored a victory against the Kolkata Knight Riders.

Sunita Williams, whose father hails from India, has returned to Earth after an unexpected 278-day stay aboard the International Space Station (ISS). During her first press conference post-return, Williams and fellow astronaut Butch Wilmore shared insights on everything from their experience in space to the future of Boeing’s Starliner spacecraft. Amid political tension and the public’s curiosity, Williams offered a unique perspective on her journey, expressing deep gratitude for her mission and shedding light on her future plans, including a visit to India.

market participants will turn their attention to global developments in the absence of major domestic triggers. The implementation of reciprocal tariffs from April 2 and its broader implications on global trade will be closely monitored. STATE OF THE MARKETS