India Financial News

India is on the brink of a demographic shift redefining its healthcare landscape. With an estimated 140 million elderly citizens today—projected to rise to 350 million by 2050—the need for comprehensive senior healthcare has never been more pressing.

in-principle approval from the Securities and Exchange Board of India (SEBI) for its mutual fund business. The company is a leading player in the investment and wealth management space, This development marks a significant milestone in ASK’s strategic expansion, reinforcing its commitment to delivering high-quality investment solutions. The mutual fund offering will complement ASK’s existing suite of investment solutions, which cover listed equity portfolio management, alternates and wealth management, providing a broader range of opportunities for investors across segments, according to a release. Also Read | Best medium to long duration mutual funds to invest in March 2025

Kotak Mahindra Bank Ltd.(up 1.8 per cent), Canara Bank(up 1.27 per cent), Punjab National Bank(up 0.81 per cent), ICICI Bank Ltd.(up 0.68 per cent) and State Bank of India(up 0.59 per cent) were among the top gainers.

Hindustan Aeronautics Limited (HAL) shares rose by 1.7% in early trade to Rs 4,234.95 on the BSE on Friday after the company officially amended its contract with the Indian Air Force (IAF) for the delivery of Light Combat Aircraft (LCA) Tejas Mk1 Final Operational Clearance (FOC) fighter jets. The original contract, signed on December 23, 2010, was valued at Rs 5,989.39 crore. Due to revisions in the delivery schedule, the contract’s value has now been updated to Rs 6,542.20 crore.

The Nifty futures closed positively with gains of 0.31%, reaching 23,595 levels on Thursday. India VIX fell 1.2%, closing at 13.30 in the previous session.

Sensex and Nifty50 traded lower on Friday led by losses in M&M and Infosys. However, markets may see intraday fluctuations amid foreign inflows and optimism over a domestic growth rebound. The BSE Sensex was trading 117 points, or 0.15%, lower at 77,489. The Nifty50 was up 25 points, or 0.11%, trading at 23,566 around 9:29 am.

Force Motors surged 7.5% to their intraday high of Rs 9,444.85 on BSE on Friday after the company announced that it has won a major contract to supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces. “We are pleased to inform you that the company has signed a landmark contract for an order of 2,978 vehicles from the Indian Defence Forces, specifically from the Directorate General of Capb, Devp (CD-13/14) General Staff Branch, IHQ of MoD (Army), New Delhi,” the company said in its press release.

Dr. Rahul Baxi is a Mumbai-based diabetologist, and his patients are rushing to him to ask about the new drug that claims to help with weight loss. In a recent tweet, he shared that many come in with the same question: can they start taking the much-hyped medication to shed extra kilos? India’s fascination with the new Rs 16,000-a-month weight-loss injection is in full swing, with people hoping for a quick fix. However, Dr. Baxi emphasizes that the injection isn’t a magic solution for everyone. Without essential lifestyle changes like a balanced diet, regular walking or exercise, and strength training, the results may not be as effective. He stresses that the medication should only be used under a doctor’s supervision and prescribed to the right patients for the best outcomes. Netizens have shared mixed reactions to the buzz around the new weight-loss injection. Some highlighted the effectiveness of traditional methods, with one person mentioning how regular yoga, evening walks, and home-cooked meals helped lower their HbA1c from 6.2 to 5.8, despite the challenges of maintaining a strict diet in a food-loving city like Indore.

Lucknow Super Giants in the Indian Premier League (IPL). The explosive batsman achieved this feat with a dazzling 70 off just 26 balls during his side's dominant victory over Sunrisers Hyderabad. Pooran's swashbuckling knock dismantled Sunrisers' 190-run defense and left the crowd at their home ground stunned. His blistering innings was key to breaking the back of Hyderabad’s total, as he unleashed a series of powerful strokes before eventually being dismissed by SRH captain Pat Cummins. By the time Pooran made his way back to the dressing room, he had accumulated 1002 runs in just 31 matches for LSG, positioning him as the second-highest run-scorer in the franchise's history. His impressive tally places him just behind former captain KL Rahul, who holds the record with 1410 runs in 38 matches. Pooran's remarkable achievement comes at an average of 45.54 and a strike rate of 184.53. Known for his effortless power-hitting, Pooran has become synonymous with fast-paced innings in the IPL. He has crossed the fifty-run mark in fewer than 20 deliveries on four occasions, setting a record for the fastest half-century by any player in the competition. Australia’s Travis Head and Jake Fraser-McGurk are tied for second, having achieved the same feat three times each. Notably, Pooran reached his fifty in just 18 balls during this game, marking the second-fastest fifty for LSG, only behind his own 15-ball effort against Royal Challengers Bangalore in 2023.

partial solar eclipse is set to take place on Saturday, March 29, marking the first solar eclipse of 2025. The event occurs when the Moon moves between the Earth and the Sun, partially blocking sunlight and casting a shadow on parts of the Earth. According to NASA, the eclipse will be visible across regions of Europe, Asia, Africa, North America, South America, and the Arctic.

Subscribe to enjoy similar stories. India’s real estate boom has fuelled record sales and soaring margins for DLF, the country’s largest property developer after Macrotech Developers. Now, the company is setting its sights on an ambitious goal—zero debt, luxury market dominance, and ₹1 trillion in new bookings over the next five years.

Krafton has acquired a controlling stake in Pune-based Nautilus Mobile, the studio behind the popular Real Cricket franchise, in a deal worth Rs 118 crore. This marks Krafton’s first control deal in India, signalling its focus on local game development here. Founded in 2013, Nautilus Mobile was acquired by JetSynthesys in 2020. Subsequently, Krafton made a Rs 40.5 crore investment in 2022. The latest acquisition gives Krafton a larger stake in India’s gaming landscape, integrating Nautilus Mobile’s expertise with its global resources and technology.

The company operates in two primary segments: Infrastructure and the Construction of Commercial Projects. Within the Infrastructure segment, its focus includes the construction of roads, bridges, flyovers, water supply systems, irrigation projects, and other related infrastructure developments.

Bharat Electronics Limited (BEL) shares will be in focus on Friday after the company secured additional orders worth Rs 1,385 crore since its last disclosure on March 12, 2025. The new orders cover radar spares, radar upgradation, electronic voting machines, simulators, advanced land navigation systems, stabilisers for tanks, fire control systems for ship-based decoys, and communication equipment, among others.

Nirmala Sitharaman on Thursday said the ongoing process of rationalizing customs duties and withdrawing the 6 per cent equalization levy, which began in 2023, is independent of any global events and will continue. Sitharaman said customs duty reductions are part of India's broader objective to strengthen its manufacturing hub and boost battery and advanced chemistry capacities. Replying to a debate on the Finance Bill 2025 in Rajya Sabha, Sitharaman said, «Consistently, budget after budget, we are coming up with a reduction in duties so that India's aspiration for being a manufacturing hub and India's aspiration in building capacities for battery manufacturing and advanced chemistry is being supported. So, this is a consistent thing.» «I heard quite a few members say, „Oh, the tariff war has started, so in response to the tariff announcements made by President Trump, here we are doing it. No, we have been doing it since 2023, steadily, every year. Newer items are being brought in, keeping in mind Atmanirbhar Bharat and, at the same time, Viksit Bharat's requirements, as well as simplifying the customs duty and compliance details,“ Sitharaman said. »So, this is an ongoing process. It has nothing to do with today's global situation but is a process that will continue even in the future," she added.

Shashi Tharoor has welcomed US President Donald Trump's recent recognition of India's voter ID system in his latest executive order aimed at overhauling the US federal election process. Trump's order mandates proof of citizenship for federal elections and imposes new restrictions on mail-in voting, drawing comparisons with election systems in India and other countries. Reacting to Trump's remarks, Tharoor highlighted that India has had a robust voter verification system since 1952.

L2: Empuraan, starring Mohanlal and Prithviraj Sukumaran, has set a new benchmark at the box office with a record-breaking Rs 22 crore collection on its opening day. The film has reportedly shattered previous records, surpassing even the highest day-one earnings in Malayalam film history by more than double. According to trade tracker Sacnilk, L2: Empuraan raked in Rs 22 crore in India on its release day, a figure that dwarfs the previous record of Rs 8.95 crore set by Prithviraj’s The Goat Life earlier this year. The previous top opening was set by Lucifer in 2019, which earned Rs 6.10 crore. Notably, the film enjoyed a strong 60% occupancy across all Malayalam shows, with certain regions like Kochi and Kozhikode—where Mohanlal enjoys immense popularity—seeing occupancy rates soar past 90%, with almost all shows selling out. The impressive Rs 22 crore total includes Rs 19.45 crore from Malayalam audiences, while the Telugu version earned Rs 1.2 crore. However, the film's dubbed versions in Hindi, Tamil, and Kannada saw more modest returns, contributing just Rs 1.35 crore combined on opening day.

Subscribe to enjoy similar stories. Bengaluru-based electronics designer and manufacturer, Indkal Technologies, is closing its next venture capital-backed funding round—raising $100 million by June this year. Speaking with Mint, Anand Dubey, chief executive of Indkal Technologies, said that the company is close to finalizing its upcoming funding round, and before this it will also make its first product announcement as a design-led electronics manufacturing firm.

Subscribe to enjoy similar stories. One in every five ultra-high net worth individuals in India is either in the process of migrating overseas or plans to, according to a survey by Kotak Private Banking, a unit of Kotak Mahindra Bank. Its study found a higher propensity to migrate among professionals than entrepreneurs or those who inherited their wealth.

Subscribe to enjoy similar stories. New Delhi: In a show of soft power, India is upgrading and expanding it vaccine storage infrastructure into an international centre to handhold other developing countries in harnessing the global immunization supply chain. The expansion of the National Cold Chain and Vaccine Management Resource Centre (NCCVMRC) into an International Centre for Excellence in Immunization and Supply Chain will be done in phases.

Subscribe to enjoy similar stories. South Korean gaming giant Krafton will acquire a controlling stake in Pune-based Nautilus Mobile for ₹118 crore and the transaction is expected to give JetSynthesys a part exit.