India Financial News

Tata Motors tumbled more than 5% on Thursday after US President Donald Trump declared a 25% tariff on imports of cars and components effective April 2. The parent of British luxury carmaker Jaguar Land Rover slumped as much as 6.7% during the day, closing 5.5% lower at ₹669.5 apiece.

ultra-high-speed rail (UHSR), or hyperloop. The concept was first published by Elon Musk in a 2013 white paper, 'Hyperloop Alpha'. Hyperloop envisions pods carrying passengers or cargo in near-vacuum tubes at speeds approaching that of aircraft. Reduced friction and magnetic levitation enable significantly abbreviated travel times, reducing energy consumption and emissions compared to traditional modes. India commissioned a 422-m hyperloop test track — the world's longest — in December 2024, developed by Avishkar Hyperloop at IIT Madras, in collaboration with the Indian Railways and L&T Construction. Last month, TuTr Hyperloop, another IIT Madras-incubated deep-tech startup, working with Swisspod Technologies, conducted India's first commercial hyperloop pod test run.

Kavya Maran, the CEO and co-owner of Sunrisers Hyderabad (SRH), has become one of the most recognizable faces in the Indian Premier League (IPL). Born on August 6, 1992, in Chennai, Kavya Maran belongs to the influential Maran family, known for its massive business empire. Her father, Kalanithi Maran, is the chairman and managing director of Sun Group, one of India's largest media conglomerates, with a reported net worth of $2.3 billion, according to Forbes. Her mother, Kavery Maran, serves as the CEO of Sun TV Network and is regarded as one of India's highest-paid female executives. Apart from business, the family also has a strong political presence, with her uncle Dayanidhi Maran being an active leader in the Dravida Munnetra Kazhagam (DMK) party.

ATM interchange fees, which RBI announced earlier this week, is that growth in the segment is slowing down precipitously. Interchange fees are what banks pay each other for the use of ATMs. The change takes place from May 1.

Lines of Credit and Concessional Financing Scheme, through a lending bank to six partner countries during January 2022-January 2025, the Parliament was informed on Thursday. Minister of State for External Affairs Kirti Vardhan Singh said this in a written response to a query in Rajya Sabha. The Ministry of External Affairs was asked the details of foreign aid, developmental assistance, and loans provided by India to other countries between January 2022 and January 2025. «Government of India has offered new loans, under the Lines of Credit (LOCs) and Concessional Financing Scheme (CFS), through a lending bank to six partner countries during January 2022-January 2025. »The total amount of loans offered to these partner countries during the above-mentioned period stands at over USD 3.73 billion. This excludes disbursements for ongoing projects under earlier LOCs," the minister said. The MEA was also asked the details of foreign aid, developmental assistance, and loans received by India from other countries between January 2022 and January 2025.

bilateral trade agreements. Accompanying political energy and encouraging words reflect a dramatic departure from sobering scepticism of the recent past. The big change is, of course, Donald Trump's unsheathing of tariffs. Inevitably, trade negotiations with the US are the principal driver. Not every trade agreement will be uniform. Concessions will likely vary, depending on strategic vulnerability. As India's most consequential business, technology and foreign policy relationship, the US will get priority in timing and substance. This is rooted in realism. It's the same approach every other major trade partner of Washington will take. In a volatile world, marked by American recalibration and retrenchment, there are significant gains to becoming among the earliest countries to find accord with the Trump administration. Gains will be both tangible and intangible.

Himanta Biswa Sarma the SIT which is investigating the nefarious network of Pakistani national Ali Tauqeer Sheik, is scrutinising records to examine how and why he was paying salary to an individual based in India. Sarma said, “The SIT which is investigating the nefarious network of Pakistani national Ali Tauqeer Sheik, is scrutinising records to examine how and why he was paying salary to an individual based in India. SIT is in possession of evidence. The person based in India was receiving salaries for two or three years. The SIT will take another two months and by September we will conclude the investigation.” He added, “After that we will decide if we will recommend revocation of the visa of that individual or recommend other action as per law. The investigation so far establishes strong links with the Pakistani establishment.” Sarma earlier had hinted that the ongoing probe into alleged links between a Pakistan-based official and “certain individuals” in India may see involvement of Interpol. After Assam Police formed an SIT to investigate a case registered with Assam CID against a Pakistani national Ali Taqueer Sheikh who works with a climate action group – CDKN, Sarma had said government SIT has found that Seikh has come to India 18 times and SIT has got some initial leads which might lead to facts which will be starting, huge and fatal.

FICCI-EY report. Moreover, digital media is expected to be the first M&E segment to cross Rs 1 trillion in ad revenues in 2026, it said. The Indian M&E sector is expected to grow at over 7 per cent in the next three years to cross Rs 3 lakh crore, it added. The Indian Media and Entertainment (M&E) sector in 2024 reached a total valuation of Rs 2.5 lakh crore (USD 29.4 billion) and contributed 0.73 per cent to India's GDP in 2024.

Reserve Bank of India’s first rate cut in five years into deposit and lending rates were mixed in February. While banks lowered rates on new deposits, they did not offer lower rates to new loan borrowers immediately. Data released Thursday by the RBI showed that the weighted average domestic term deposit rate on fresh deposits of banks fell to 6.48% in February from 6.56% a month ago. On the outstanding deposits, the rate remained unchanged at 7.02%. At the same time, the weighted average lending rate (WALR) on fresh rupee loans of banks increased to 9.40% in February from 9.32% in the previous month. This was because MCLR had gone up by 5 basis points in February. In the subsequent month, one-year median MCLR fell by 5 bps to 9.00% in March, the RBI data showed.

geopolitical landscape", External Affairs Minister S Jaishankar said on Thursday, as he underlined that the «era of multipolarity» necessitates greater cooperation between the two nations. In an online video address to the conference — 'Russia and India: Towards a New Bilateral Agenda' — he said «further enhancement of the Special and Privileged Strategic Partnership between India and Russia continues to be a shared foreign policy priority». The conference is being hosted by the Russian International Affairs Council (RIAC) and the Indian Embassy in Moscow. In his address, Jaishankar said India «immensely values» its relationship with Russia and the two nations «remain committed to nurturing this deep friendship and exploring new frontiers of cooperation». «This relationship with deep historical roots, and a long tradition of trust and mutual respect, continues to expand and deepen, in the backdrop of a dynamic world order,» the external affairs minister said. Russian foreign minister Sergey Lavrov is also taking part in the conference.

Dhoom Machale—the high-energy Bollywood anthem synonymous with thrilling chases and grand heists—playing in the presence of British royalty sounds almost too surreal to be true. But at this year’s Commonwealth Day ceremony at Westminster Abbey, that’s exactly what happened. As King Charles and Queen Camilla arrived for the annual event, the distinctive notes of Dhoom Machale filled the air, played by the Shree Muktajeevan Swamibapa Pipe Band—a Hindu Scottish ensemble known for blending traditional bagpipes with Indian musical influences. The unusual yet electrifying fusion stunned onlookers, and when a video of the moment surfaced online, it sent Indian social media into a frenzy. Many joked that this was Hrithik Roshan’s latest disguise, referencing his royal impersonation in Dhoom 2, while others saw it as poetic justice—Bollywood’s way of reclaiming cultural ground in the land of its former colonizers. Beyond the humor, however, the performance symbolized something deeper: the ever-growing cultural footprint of Indian music in spaces once considered exclusively Western.

Jitendra Singh in the House during the Question Hour. «In this Budget a nuclear mission has been announced...I'm sure in the times to come, the history would record that this has been one of the most path breaking decisions in the history of independent India. And if one was asked to define in a single sentence, the hallmark of this decision...is the true vindication of Homi Bhabha's dream,» the minister said while replying queries of the members. About private players' participation in the nuclear sector, Singh said an important component of the nuclear mission is that India will go in with the public-private participation, in a big way, in the manufacturing of small modular reactors, which are particularly relevant to a country like India.

These high-performing stocks that rallied more than 10% during the session included, Aegis Logistics(14.90%), Everlon Synth(14.76%), Sharp Investments(14.49%), Garware Tech(13.71%), BEML(13.59%), DRC Systems India(11.93%), STC India(11.63%), GPT Infraproj(10.89%), Investment & Precision Castings(10.77%) and Orient Refractories(10.60%).

Bank of Baroda on Thursday announced that it has gone live with the new Pradhan Mantri Vidyalaxmi (PM-Vidyalaxmi) Scheme to provide financial support to meritorious students. The PM-Vidyalaxmi Scheme is an initiative by the central government for students seeking financial assistance to pursue higher education and to ensure that financial constraints do not deprive the youth of India from pursuing quality higher education. Applicants can digitally apply for an education loan under the PM-Vidyalaxmi Scheme from Bank of Baroda through the PM-Vidyalaxmi portal, the public sector lender said in a release.

While established IT hubs such as Bengaluru, Pune, and Hyderabad continue to dominate, Nagpur is emerging as a formidable player in this digital revolution. Once considered a Tier-II city, Nagpur is now gaining traction as a center for AI-powered financial solutions, cloud computing, and fintech innovations. With a thriving IT ecosystem and increasing global investments, the city is leveraging GenAI to enhance customer experiences, drive automation, and accelerate digital transformation. Corpay Technologies: A catalyst for change in Nagpur’s tech landscape A significant contributor to this transformation is Corpay Technologies India Private Limited, a Global Capacity Centre (GCC) based in Nagpur. The company has been making waves internationally, reinforcing Nagpur’s position on the global IT map. Corpay Technologies India Private Limited is a part of Corpay Inc., a NASDAQ-listed company headquartered in Atlanta, Georgia, USA. Operating in over 150 countries, Corpay Inc. boasts an annual revenue of over $4 billion and an adjusted net income exceeding $1 billion, making it one of the global leaders in financial technology. Corpay has cemented its position as an industry leader across three core business verticals:

Hindustan Aeronautics Limited (HAL) is gearing up to ramp up production of the Tejas Mark-1A, India's indigenously developed fighter jet, after years of delays worsened by issues with engine supplies from the United States, according to a TOI report on Thursday. The first of the 99 engine shipments arrived on March 26, 2025, after General Electric's (GE) aerospace division overcame significant challenges, including reactivating the F404 production line, which had been dormant for five years. This marks a major milestone, but HAL still faces numerous challenges in meeting the ambitious delivery timelines for the fighter aircraft, which is crucial for India’s military preparedness. In response to the ongoing delays, HAL has intensified its efforts to scale up production, with three production lines in operation, said the TOI report. The company’s facilities in Bengaluru and Nashik are expected to play a crucial role in increasing production capacity. According to the report, HAL is confident that it can scale up to a rate of 20 Tejas per year, with plans to further boost production to 24 units annually.

Zydus Wellness Ltd.(up 4.49%), Prataap Snacks Ltd.(up 4.26%), Emami Ltd.(up 3.65%), LT Foods Ltd.(up 3.29%), Parag Milk Foods Ltd.(up 2.13%), Adani Wilmar Ltd.(up 2.07%), ADF Foods Ltd.(up 1.77%), Varun Beverages Ltd.(up 1.60%), Gillette India Ltd.(up 1.54%) and Jyothy Labs Ltd.(up 1.47%) stood among the top gainers.

Reserve Bank of India (RBI) is expected to announce another rate cut in April, and its impact on bank fixed deposit (FD) rates remains a key question. Ashok Vaswani, Managing Director and CEO of Kotak Mahindra Bank, in a interview to ToI said he believes that while the previous 25-basis-point cut has not yet led to lower deposit rates, a total reduction of 50-75 basis points could start influencing term deposit pricing. He expects significant movement in the banking sector over the next 6-12 months. Deposits remain a critical focus for banks, with last year witnessing a competitive battle for attracting funds. Vaswani acknowledges that securing deposits is not just about volume but also pricing. To sustain growth, Kotak Mahindra Bank is leaning on product innovation, customer-centric offerings, and its digital platform, 811. However, liquidity constraints persist, making it too soon to determine whether conditions will improve. The bank continues to monitor macroeconomic trends closely. Also Read: Billionaire Uday Kotak’s private bank adds thousands of clients

Ghibli-style artwork from detailed prompts. Studio Ghibli, founded in 1985 by Hayao Miyazaki, Isao Takahata, and Toshio Suzuki, is a well-known Japanese animation studio. It is recognised for its hand-drawn animation, detailed backgrounds, and emotionally engaging storytelling. Individuals across the world are sharing Ghibli renditions of famous movie moments, memes, and even artistic interpretations of breaking news. Some of the posts are going viral.

Vishal Gautam, VP Engineering & Site Managing Director, Zscaler

Amazon and Flipkart this month, seizing items that did not meet quality control standards, as it increased its scrutiny of the two firms. Last week, the Bureau of Indian Standards conducted similar searches at the companies' warehouses in the southern state of Tamil Nadu, saying they stored, sold, and exhibited items that did not have a required standards label. Amazon and Walmart-owned Flipkart have said they comply with local laws. They did not immediately respond to Reuters' requests for comment on the Delhi raids.