India Financial News

Subscribe to enjoy similar stories. Mumbai: Indian markets could open up to 1% lower on Tuesday after the Eid holiday, suggests weekly options data, as bears are likely to return ahead of US President Donald Trump’s 2 April deadline for reciprocal tariffs. Trump's comments on the weekend dragged South Korea's Kospi and Japan's Nikkei down by 3-4% on Monday, while Germany's Dax and France's CAC traded 1% lower at the time of writing.

Monalisa, was taken into custody in Ghaziabad on March 30, 2024. He was later brought to Nabi Karim Police Station in Delhi for further legal proceedings.

What matters now is the reaction of the other three key players to this latest move by the mercurial and inconsistent U.S. leader. Do Russian President Vladimir Putin, Indian Prime Minister Narendra Modi and Chinese President Xi Jinping believe that Trump will actually follow through, and if he does what will it mean for their energy situation?

Indian Bank on Monday announced an increase in lending rate linked to repo rate by 10 basis points to 9.05 per cent, making retail loans expensive. The Asset Liability Management Committee (ALCO) of the bank has reviewed the Marginal Cost of funds-based Lending Rate (MCLR), Treasury Bills Linked Lending Rates (TBLR), Base Rate, Benchmark Prime Lending Rate (BPLR) and Repo Linked Benchmark Lending Rates (RBLR) and decided for revision in TBLR, Base Rate, BPLR and RBLR, Indian Bank said in a regulatory filing. Repo Linked Benchmark Lending Rates (RBLR) has been raised to 9.05 per cent from the existing 8.95 per cent, it said. The lending rate hike comes despite the Reserve Bank cutting repo rate from 6.5 per cent to 6.25 per cent last month.

Tea Board of India on Monday. This was possible due to concerted efforts from the central government, the Tea Board, and all the stakeholders in the Indian tea industry. During 2024, North India (Assam and West Bengal) exported 154.81 Million Kg with a value realization of Rs 4833.12 crores, while South India exported 99.86 million kg with a value realization of Rs 2278.31 crores. North India’s contributions stood at 60.79% in quantity terms and 67.96% in value terms, whereas South India’s contributions stood at 39.21% in quantity terms and 32.04% in value terms. Meanwhile, the Tea Board of India is all set to celebrate its 72nd Foundation Day on April 1, 2025.

Ashwani Kumar picked up four wickets on IPL debut as MI restricted KKR to 116 runs at the Wankhede Stadium on Monday. The left-arm pacer got the wicket of Ajinkya Rahane on the first ball he bowled and went on to become the first Indian to take a four wicket haul on IPL debut. After the heroic performance, the 23-year-old said he was feeling the pressure early on and had eaten only a banana before the match as he was not hungry. “I am feeling very good. I was feeling pressure early on but the team environment did not make me feel that way. I just had a banana because there was pressure, so was not feeling very hungry. I had planned a little but they told me to enjoy myself on debut and bowl what I have been bowling,” Kumar said. “Hardik bhai told me to bowl short and to bowl at the body and that led to a wicket. In my village, everyone would be watching. They were just waiting for my debut, and by god's grace, I got an opportunity tonight and did well,” he added.

Mumbai: DGS Land Developers India Pvt Ltd has acquired approximately 10,000 square metres of prime land in Lokhandwala, Andheri West, to develop one of the largest high-rise projects in Mumbai’s western suburbs. The project, with a potential height of up to 43 floors and a total built-up area exceeding 500,000 square feet, will feature luxury residences and premium retail spaces.

biohacking has long been a mix of innovation and controversy, but a recent confrontation between Indian Hepatologist Dr. Cyriac Abby Philips, better known as «The Liver Doc,» and tech entrepreneur Bryan Johnson has sent shockwaves through the wellness community. The Kerala-based doctor has publicly accused Johnson of fraud, claiming that his Blueprint longevity supplements are nothing more than overpriced “snake oil” with no real clinical backing. The feud erupted on social media when Dr. Philips compared Johnson to infamous fraudsters Elizabeth Holmes and Belle Gibson, both of whom were exposed for misleading health claims. “It’s terrifying that people don’t recognize Bryan Johnson as an advanced, well-marketed version of these fraudsters,” he wrote on X, formerly Twitter. His post ignited a fierce debate about the credibility of Johnson’s multi-million-dollar anti-ageing venture.

Kolkata Knight Riders were bowled out for runs in overs against Mumbai Indians at the Wankhede Stadium in Mumbai on Monday. Debutant Ashwani Kumar impressed with a stunning wicket haul. The KKR innings never got going as they lost Sunil Narine in the first over when Trent Boult knocked him over. Deepak Chahar then dismissed Quinton de Kock in the next over. By the end of the seventh over, KKR had lost half their side. Kumar, who became the first Indian to take more than four wickets on IPL debut, took a wicket on his first ball when Ajinkya Rahane was caught at third man. While the left-arm pacer was the pick of the bowlers, Chahar got two wickets. For Angkrish Raghuvanshi was the top scorer with 26 runs off 16 balls. Impact player Manish Pandey scored 19 runs and Rinku Singh managed to score 17 runs.

Nokia will upgrade and expand Vodafone Idea optical transport network across key metro and circle locations in India, the company said on Monday. Nokia is among three vendors selected by Vodafone Idea for the Rs 30,000 crore network expansion plan. «Nokia's innovative optical solutions align perfectly with our goal to enhance customer experience and ensure robust network readiness for future demands. »With Nokia's advanced optical network solutions, we are excited to build an agile, high-capacity and future-ready network that will support India's digital transformation and drive innovation across sectors," Vodafone Idea chief technology officer Jagbir Singh said in a statement.

Salman Khan, the Bollywood superstar, has never shied away from expressing his admiration for sports personalities. Among the many athletes he respects, one stands out — Mahendra Singh Dhoni, the former captain of the Indian cricket team. Khan's admiration for Dhoni goes beyond his cricketing skills; it is Dhoni's unique personality that truly impresses the actor. During an appearance on a sports show, Salman Khan was once asked to name his favorite cricketer, to which he immediately responded, “I am a fan of Dhoni.” The actor expressed that he has great admiration for Dhoni’s calm and composed nature, describing him as someone who is “very cool” and never shows aggression. He emphasized that Dhoni's mannerisms, whether he takes a wicket or achieves something remarkable, are always understated. Khan remarked, “Even if he takes a wicket, he does not make much noise, and he never humiliates the opponent.” This quality of remaining unruffled and dignified, according to Khan, makes Dhoni stand out in the world of cricket.

Renault Monday said it will acquire alliance partner Nissan’s stake to fully control manufacturing operations in India run by JV Renault Nissan Automotive India Private Limited (RNAIPL). Renault will acquire the 51% stake in the manufacturing operations currently held by Nissan, post which RNAIPL will become its wholly-owned subsidiary. Nissan will continue to utilise the manufacturing infrastructure, even after it exits the JV company. Renault will contract manufacture existing and new models scheduled to be launched in the country by Nissan over the next two years, both for domestic and exports markets, till the end of life of these vehicles.

Alpha Wave Global — according to a release. However, the statement did not disclose the details of the deal. The announcement comes a day after Haldiram confirmed acquisition of a minority stake by Singapore-based global investment firm Temasek. The details of this deal were also not disclosed. «Haldirams, India's leading snack and food brand, is pleased to announce the addition of two new investors, IHC (International Holding Company) and Alpha Wave Global, to its ongoing equity round, following Temasek's recent participation,» the statement said.

Ministry of External Affairs (MEA) on Monday strongly rejected a report published by The New York Times, calling it «factually incorrect and misleading.» Official sources stated that the report misrepresented facts and framed issues to suit a particular political narrative. Responding to allegations concerning Hindustan Aeronautics Limited (HAL), a state-owned defence company, the MEA asserted that HAL has always complied with international rules on strategic trade controls and end-user commitments. «We (Ministry of External Affairs) have seen a report published by The New York Times. The said report is factually incorrect and misleading. It has tried to frame issues and distort facts to suit a political narrative. The Indian entity (Hindustan Aeronautics Limited-HAL) mentioned in the report has scrupulously followed all its international obligations on strategic trade controls and end-user commitments,» MEA sources told news agency ANI. The ministry also highlighted India's strong legal and regulatory framework for strategic trade. It reaffirmed that all Indian companies conducting business overseas are guided by these regulations. «India’s robust legal and regulatory framework on strategic trade continues to guide overseas commercial ventures by its companies. We expect reputed media outlets to undertake basic due diligence while publishing such reports, which obviously was overlooked in the instant case,» sources added.

Subscribe to enjoy similar stories. We’re just stepping into April but several parts of India are already suffering heat waves and abnormally high temperatures. As a result, hydration has become a hot topic earlier than usual.

Steve Jobs was a man of boundless curiosity. The Apple co-founder, who revolutionized personal computing, music, and smartphones, was also a deep thinker with an insatiable hunger for knowledge. But there was one question he could never ask—at least, not in his lifetime. In a 1985 talk in Sweden, Jobs revealed an unusual source of envy: Alexander the Great. The reason? The young conqueror had Aristotle as his personal mentor for over a decade. «I read this, and I became immensely jealous,» Jobs admitted. He could read Aristotle’s works, of course, but what he truly craved was interaction—an opportunity to ask questions and get answers from the philosopher himself. And then, he made a prediction. A bold one. A hope for the future:

India’s economy, MSMEs remain critically underinsured. With less than 15% having adequate insurance coverage, millions of businesses are left vulnerable to financial shocks. Why, then, do so many small enterprises overlook such a crucial safety net? Business insurance penetration among micro, small, and medium enterprises (MSMEs) in India remains alarmingly low. Given that there are 63 million MSMEs, which currently contribute approximately 30% to India’s gross domestic product (GDP), only a small fraction have insurance. Insurance coverage is crucial for MSMEs, given their limited capacity to withstand risks such as payment defaults. In the post-pandemic world, challenges such as supply chain disruptions, geopolitical tensions, inflation, and economic slowdowns have further heightened the risks associated with exports, making risk mitigation through insurance more vital than ever. This raises an important question: Are MSMEs reluctant to embrace insurance, or is the system failing to make insurance accessible and compelling? According to Girija Subramanian, Chairman-cum-Managing Director, The New India Assurance Co. Ltd., the issue is deeply rooted in perception and awareness. Speaking on the sidelines of the Economic Times (ET) MSME Awards 2024 in Delhi, Subramanian addressed this challenge in a fireside chat moderated by Neha Dewan, Assistant News Editor, The Economic Times.

The market’s performance during the month has also helped the state exchequer fetch highest ever revenue through stamp duty collection. The country’s financial capital witnessed registration of over 15,400 property deals, up 9% from a year ago, showed data from the Inspector General of Registration (IGR) and Controller of Stamps, Maharashtra. The stamp duty collection grew 41% on-year to Rs 1,584 crore, making it the best performance in the month of March ever.

If you're still on the sidelines, there's no better time to explore the world of crypto. Thanks to a growing number of user-friendly apps, investing in crypto is now simpler than ever. Here’s a rundown of the top cryptocurrency apps in India as of 2025, focusing on what truly matters for new investors.

Subscribe to enjoy similar stories. India has emerged as the world’s fastest-growing major economy. Its macroeconomic fundamentals are sound, corporate balance sheets have strengthened and the health of its financial sector has improved.

international board schools for their children, with the nation hosting the second-largest number of international schools worldwide — not just in name with a tag, but in affiliation with global education boards, reported ToI. Apart from being in India's richer cities like Mumbai, Bengaluru, the schools are now reaching places like Hatkanagale in Sangli, Tholahunse in Davangere, and Sonaghati in Betul. «Every year, Cambridge is adding 100 schools, and 30 to 40 new schools of IB are coming up each year. The aspiration of the middle class is at an all-time high. The phenomenon is not limited to metro cities but tier 2 and 3 cities, where the major growth now is coming from,» Mahesh Srivastava, former regional director (South Asia), Cambridge Assessment International Education told ToI.