India Financial News

Bank Nifty and Nifty Midcap Select, increasing them to 35 and 140, respectively. The changes will be effective for all new contracts introduced from April 25, 2025, onwards, NSE said in a circular. The lot size for Bank Nifty will increase from 30 to 35, while Nifty Midcap Select will go up from 120 to 140. Existing contracts with expiries on April 24, May 29, and June 26, 2025, will continue to trade with the previous lot sizes until expiry, NSE said.

Meerut Police has issued a directive prohibiting Eid prayers on public highways, warning of legal consequences for violations. The order specifically applied to the final Friday prayers of Ramzan on March 28 and Eid-Ul-Fitr. Those found violating the directive may face penalties, including the cancellation of passports and driver's licenses.

Kanakia Group’s listed movie exhibition company Cineline India has sold its hotel property Hyatt Centric in Goa to Sparsh Vidhyut at an enterprise value of Rs 270 crore. The hotel asset was owned by Cineline India’s wholly owned subsidiary R&H Spaces. The monetization has helped Cineline India to reduce its debt by Rs 120 crore pertaining to the hotel asset at subsidiary level, the company said in a release. Cineline India is planning to utilize the sale proceeds to fully repay its outstanding debt of Rz 108 crores related to the film exhibition business, achieving a debt-free status. The remaining surplus will be allocated towards expansion of the film exhibition business, the company said.

Church of the Holy Sepulchre in Israel. Undeterred by the region's unrest, these devotees undertook a journey to the Holy Sepulchre, which houses Christ's tomb, driven by faith. For centuries, Christians worldwide have flocked to this revered site, and for Keralites, especially Christian faithfuls, its appeal remains strong. The data from the Israel Ministry of Tourism (IMOT) reveals that 9,600 Indian tourists visited Israel in 2024, with 50 per cent of them travelling for pilgrimage--most of them from Kerala.

7.7 magnitude earthquake that was felt across Myanmar, Thailand, China, and Vietnam, Indian tourists in Bangkok safely returned to New Delhi Airport on Saturday, recounting the difficulties they faced in getting back home. Speaking to ANI at Delhi airport, Bharati Khurana described the challenges they encountered due to emergency closures in the city. «The situation is fine now, but yesterday it was very bad. We went out to the market, but it was closed due to the emergency.

Subscribe to enjoy similar stories. Peering down the 17th fairway from the men’s championship tees of the Gary Player course (DLF Golf & Country Club) in Gurugram, you really have to scour the landscape to locate the landing spot that you’re supposed to be aiming for. “It’s only about 15 yards wide…they’ve narrowed it down," says Vani Kapoor.

education loan of Rs 40 lakhs to study in the US found himself debt-ridden, struggling to make ends meet, and support an ailing parent. Taking to Reddit, a user named The Tech Philosopher shared his struggles in a long, emotional post. He recounted how his father, who operated a small manufacturing business, and the rest of his family invested all their emotional and financial resources to support his aspiration for a better future. Despite completing his degree, he faced significant challenges in securing employment in the U.S. due to economic recession, visa restrictions, and limited internship opportunities for Indian students. After a year of relentless applications, he was unable to earn enough to cover his living expenses, relying on monthly financial support from his family, which depleted their remaining savings.

Sagaing region near the Myanmar city of Mandalay caused extensive damage in that country and also shook neighbouring Thailand on Friday. HOW VULNERABLE IS MYANMAR TO EARTHQUAKES? Myanmar lies on the boundary between two tectonic plates and is one of the world's most seismically active countries, although large and destructive earthquakes have been relatively rare in the Sagaing region. «The plate boundary between the India Plate and Eurasia Plate runs approximately north-south, cutting through the middle of the country,» said Joanna Faure Walker, a professor and earthquake expert at University College London. She said the plates move past each other horizontally at different speeds. While this causes «strike slip» quakes that are normally less powerful than those seen in «subduction zones» like Sumatra, where one plate slides under another, they can still reach magnitudes of 7 to 8.

Subscribe to enjoy similar stories. Bengaluru: A drone-shot video captures a 360-degree view of the Trump Towers project at Golf Course Extension Road in Gurugram, India’s hottest luxury property market. The all-glass façade of the 51-storey twin towers with sleek lines is a signature Trump style.

Subscribe to enjoy similar stories. India’s beauty market is getting too crowded—that’s a line one hears often. New homegrown brands emerge almost every month while more international names announce their entry.

India will send the relief materials to Myanmar aboard an Indian Air Force (IAF) C-130J aircraft from Air Force Station Hindon, sources stated. According to sources, the relief package includes tents, sleeping bags, blankets, ready-to-eat meals, water purifiers, hygiene kits, solar lamps, generator sets, and essential medicines such as paracetamol, antibiotics, syringes, gloves, and bandages. The tremors, including a 7.2-magnitude quake, caused structural damage and panic in Myanmar and neighboring Thailand. An earthquake of magnitude 4.2 on the Richter Scale jolted Myanmar on Friday at 11:56 pm (local time), according to the National Center for Seismology (NCS).

Cabinet has approved a Rs 23,000-crore programme to strengthen the electronics manufacturing supply chain. India is looking to grab a bigger share of the market as companies opt for ‘China Plus One,’ as well as create jobs. The much-anticipated electronics component manufacturing (ECM) scheme is a move to increase domestic value addition and integrate with global value chains. It will be spread over six years and is expected to generate investment worth Rs 60,000 crore. “We are already making very good progress in the semiconductor part of the value chain,” said Ashwini Vaishnaw, minister for electronics and IT, railways and information and broadcasting, referring to the production-linked incentive (PLI) scheme. “We have had super success in PLI-based finished products manufacturing. Now, we are covering sub-assemblies and bare components.”

SDA Bocconi Asia Center’s Leadership Summit 2025 united global leaders to discuss leadership in times of Geopolical uncertainity. As an extension of SDA Bocconi School of Management, Italy, the Asia Center continues to foster global thought leadership and drive impactful discussions in the ever-evolving business landscape. Amid global uncertainties, the Leadership Summit 2025focused on building resilient organisations through innovation and sustainable growth.

In Dholera, India’s first semiconductor cluster that is emerging as a hub for expat talent, the Gujarat government is aiming to recreate the “look and feel” of their home countries for this tribe of globe trotters. Termed the “Global Tent City” in keeping with Dholera’s terrain, the multi-faceted agglomeration is expected to house food streets from across nations – Taiwan, Korea, Japan, the US, as well as some European nations, a high-end mall and a hotel or guesthouse to cater to the cosmopolitan tastes of the well-travelled employees.

X is down. The social media platform is reportedly facing an outage. As per Downdetector, X reported a surge in user complaints since 12 am on March 29. This follows a similar outage experienced by X, Reddit and MLB.TV on March 28.

renewable energy, green hydrogen production, industrial energy efficiency, landfill methane recovery, and mangrove afforestation and reforestation. An offset mechanism is a voluntary system where entities can compensate for greenhouse gas emissions by investing in projects that reduce, remove, or avoid emissions elsewhere, earning carbon credits. The framework approved by the government enables businesses, industries, and organizations-particularly those not covered under the compliance mechanism-to participate in climate action and receive carbon credits for verified emission reductions.>

Eli Lilly, the world's most-valued drugmaker that seeks to shake up India's lifestyle disease management through its recent introduction of weight-loss injectable Mounjaro, is working on a potential breakthrough that offers hope to millions battling chronic heart ailments in South Asia. The US drug major's CEO, David Ricks, told ET the drug in research can potentially cut a specific type of cholesterol that is highly prevalent in Indians and South Asians by as much as 85% to 90%. Eli Lilly, with a market cap of roughly $750 billion, is working on a multitude of treatment modalities with an annual R&D budget that has swelled to $14 billion.

ArcelorMittal Nippon Steel India (AM/NS India) has begun the land acquisition process at Rajayapeta in Andhra Pradesh, where it plans to set up an integrated steel plant, the company said on Friday. This is the first large greenfield plant to be set up in the country in nearly a decade, after the first phase of Tata Steel's Kalinganagar project was commissioned in 2016 with an initial capacity of 3 million tonne. ET reported on November 3, 2024, that the steelmaker will be investing ₹1.40 lakh crore in setting up an integrated steel plant in the Anakapalli district in the state, which will have an annual production capacity of 17.8 million tonne. AM/NS India has made the initial payment for acquiring the land in Andhra Pradesh, and possession is expected soon, after which the company will start work on the greenfield project. The plant will have an initial capacity of 7.3 million tonne.

DP World is preparing to start ship-leasing operations in India by setting up a subsidiary in the International Financial Services Centre (IFSC) at Gujarat's GIFT City, people familiar with the matter said. The port and logistics giant may commence operations with four ships, the people said, adding that the company has secured approval from Indian authorities. «The ships could be Indian flag ships or international ships. They may buy vessels and then lease them further or rent an Indian flag ship and then sub-lease it,» one of the persons said. DP World follows others such as Japan's Mitsui OSK Lines and UAE-based Transworld Group who have started operations in IFSC. DP World's new venture in India will encompass vessel ownership, operation, chartering, and other permitted activities, the people said. To be sure, the company offers feeder services globally but does not offer a ship leasing service in India currently.