India Financial News

Lexus Granito(India)Ltd.(up 1.98%), Sandur Manganese & Iron Ores Ltd.(up 0.41%) and Madhav Marbles & Granites Ltd.(up 0.30%) were among the top gainers.

Subscribe to enjoy similar stories. US President Donald Trump has sent yet another signal that he has no qualms deploying tariffs as a geopolitical weapon. As reported, he has now said the US would levy a 25% tariff on all imports from any country that purchases oil or gas from Venezuela, a country that has been under US sanctions but whose finances he evidently wants to squeeze harder.

Ekadashi is a sacred day when devotees worship Lord Vishnu with devotion and deep faith. This day is considered very auspicious to perform puja to Lord Vishnu. There are 24 Ekadashis in a year that fall during Krishna Paksha and Shukla Paksha. Devotees across India follow all the puja rituals and observe strict fasts to please Lord Vishnu. This year, Papamochani Ekadashi will be observed on the 11th day of Krishna Paksha in the month of Chaitra, which is 25 March 2025.

Subscribe to enjoy similar stories. India has levied anti-dumping duties on five Chinese products that were being imported below market prices, raising suspicion of their being “dumped" here.

Subscribe to enjoy similar stories. A yawning gap has been reported between bad loans on credit cards issued by public-sector and private banks. Given the difficulty with which the dud-loan burden of lenders in India—particularly state-run ones—was brought under control in recent years, this must not escape notice.

bilateral trade agreement, people familiar with the matter said. Brendan Lynch, US assistant trade representative for South and Central Asia, and a team of officials will visit India from March 25-29 as part of ongoing trade discussions, the US embassy in New Delhi said in a statement Monday. Officials in New Delhi are expected to make the case for a reprieve from reciprocal tariffs, which are scheduled to take effect on April 2, people familiar with the matter said, asking not to be identified because the discussions are private. The two sides are expected to discuss a framework for a bilateral trade deal, after which formal negotiations would start, they said. Aside from trade officials, Lynch is also likely to meet Vikram Misri, India’s foreign secretary, during the visit, one of the people said. “We look forward to productive and constructive discussions with the incoming US delegation to expand and deepen our bilateral trade and economic ties in a mutually beneficial manner,” India’s Ministry of Commerce and Industry said in a statement.

BSE Sensex and Nifty also recorded their sixth consecutive gains. Nifty climbed 307.95 points or 1.32% to end the day at 23,658.35 while the BSE Sensex jumped 1078.87 points or 1.40% to 77,984.38. When markets resume trading today, Power Grid, Indian Overseas Bank, IndusInd Bank, BLS International will be in focus due to various related developments.

UCO Bank, Punjab & Sind Bank, and Central Bank of India are looking to raise funds through share sale to institutional investors. Banks set a floor price on QIPs.

foreign selling. The rebound on the heels of a prolonged period of gloom has helped the main indices erase all their 2025 losses. The rupee advanced to 85.63, its strongest this year against the dollar, rising for the ninth day in a row. The NSE Nifty rose 307.95 points or 1.32% to close at 23,658.35. The BSE Sensex rose 1,078.87 points or 1.4% to end at 77,984.38. Both indices are up 5.1% in the six trading sessions. «Monday's upside was due to a combination of short covering, and expectations of some relaxation or less punitive tariffs which were supposed to be implemented on April 2,» said Pankaj Pandey, head of retail research at ICICI Direct.

The Reserve Bank of India (RBI) had announced access to the Negotiated Dealing System-Order Matching (NDS-OM) platform for non-bank brokers with an aim to boost retail participation in the trading of government securities during its February monetary policy.

Nick Jonas might be making his presence felt on Broadway with his play The Last Five Years, but the Jonas Brothers member feels his coolest self when he’s with his daughter- Malti Marie Chopra Jonas. The singer, who is married to Indian actor Priyanka Chopra, revealed in a recent interview how Malti Marie makes him «feel on top of the world”.

Air India Express will take delivery of several narrow-body planes during the year, allowing it to capture strong growth opportunities in the latter half of the year on domestic and short-haul international routes. «Well, our operating fleet is going to be pretty flat this year (FY26), in part because of delays to delivery, but also because we're taking aircraft out of service to do the refit, the Boeing B787s and the B777s in particular. And so, it means that we're actually not able to grow. But it's an investment for a good purpose,» said Wilson. Air India currently has a fleet of 198 planes including 70 inherited from Vistara-the erstwhile full-service joint venture between Tata Sons and Singapore Airlines. Separately, Air India Express operates 103 aircraft-36 Airbus and 67 Boeing-including 38 new Boeing jetliners from an October 2023 order. Nine more narrow-bodies are slated to join by this June.

Similarly, small and medium enterprises are reclassified as firms with investments in plant and machinery up to ₹5 crore and ₹125 crore, and turnover of ₹100 crore and ₹500 crore, respectively. «Enhancement in MSME definition addresses the anomaly crept in due to inflation as turnovers ballooned on raw material price hikes. The move also paves the way for MSMEs to build scale and become competitive,» said Anil Bhardwaj, secretary general, Federation of Indian Micro and Small & Medium Enterprises. The reclassification also allows more small enterprises to be eligible under the government's public procurement policy. Earlier, the enterprises exceeding the ₹50 crore turnover threshold for small enterprises couldn't avail benefit of MSE (micros and small) status.

AI) is unlikely to have as much material impact on organised-sector headcount in India as in the West, a top government official said Monday, as far fewer white-collar jobs are potentially at risk here than in the advanced industrial economies. «The reason we don't see it as much of a threat in India is possibly because we don't have as many white-collar jobs at stake, and we don't see as many office jobs at stake,» S Krishnan, Secretary, Ministry of Electronics and IT (MeitY), told delegates at the ETTelecom 5G Congress. «Today's generative AI mostly replaces manual, repetitive work.» Rather, Krishnan said, AI's assistance can enhance workforce productivity. «The application of AI into the real segments of the economy, like manufacturing and agriculture, is really possible when there's an interplay between sensors, IoT devices communicating along 5G and 6G networks, going into a central server, collecting the data and putting it all together, so that it can work,» Krishnan said.

Car rally for road safety: The Constitution Club of India organised its annual car rally on Sunday, with parliamentary affairs minister Kiren Rijiju flagging off participants, along with civil aviation minister K Rammohan Naidu. BJP MP Rajiv Pratap Rudy, who initiated this programme in 2010, underlined that the theme of the rally is road safety. The guests paid homage to prominent leaders, including former president Giani Zail Singh, Rajesh Pilot and Yerrain Naidu, who had lost their lives in road accidents. Others present on the occasion were former BJP MP Anurag Thakur and JDU leader KC Tyagi.

Private Sector Collaborative Forum (PSCF) 2025 of the Financial Action Task Force (FATF) from March 25-27, where issues of global priorities such as payment transparency, financial inclusion and digital transformation of financial systems will be discussed, the finance ministry said in a statement on Monday. The forum will be hosted by the Reserve Bank of India (RBI) and the Department of Revenue, under the finance ministry, in Mumbai. Discussions at the forum will revolve around issues shaping the global anti-money laundering and combating the financing of terrorism (AML/CFT) landscape, it said. «Participants will explore how FATF can continue to address evolving threats while promoting financial inclusion through robust, risk-based supervision of regulated entities,» it said, adding that the meeting will also focus on enhancing transparency in beneficial ownership and leveraging digital tools to strengthen AML/CFT compliance mechanisms.

Extended Producer Responsibility (EPR) guidelines to other sectors to create a circular economy, a senior government official said Monday. «We have identified 10-11 sectors with the help of Niti Aayog and hope to implement these circular economy policies (part of EPR) in other sectors as well,» said Ved Prakash Mishra, Joint Secretary, ministry of environment, forest & climate change (MoEF&CC) at a FICCI event. «We cannot rely anymore on the take, make and dispose model.

IPL 2025 season is in full swing, with a total of 74 matches set to be played, including 70 group-stage games across 13 venues in India. Cricket fans are in for an exciting tournament as teams battle it out for a spot in the playoffs. So far, five matches have already taken place, and the competition has lived up to its billing.

India-US Bilateral Trade Agreement (BTA) will primarily focus on duty concessions on goods and New Delhi is hopeful of the pact bringing predictability in tariffs, regulations and investment climate, officials said on Monday. Assistant US Trade Representative for South and Central Asia Brendan Lynch is in New Delhi starting Tuesday for three days of negotiations on the proposed trade deal. His visit comes ahead of the April 2 deadline for likely imposition of reciprocal tariffs on all countries, including India, by the Trump administration. The proposed India-US trade pact is likely to be finalised in two tranches with the first phase expected to focus on issues concerning bilateral goods trade, though full clarity on the issue will emerge by the end of this week, the officials said. They added that both sides are expected to finalise the contours, schedule of negotiations, and terms of reference of the proposed BTA during Lynch's visit. The first tranche of the deal is targeted for completion by Fall of 2025. India said it is looking forward to «productive and constructive discussions» with the incoming US delegation to «expand and deepen our bilateral trade and economic ties in a mutually beneficial manner».

female labour force participation in India is expected to submit its report this week, laying out a blueprint for the government and the private sector to hire more women. The roadmap will have multi-dimensional recommendations focussing on targeted interventions to incentivise hiring of women, enable creation of adequate support infrastructure, enhance flexible work policies and put greater emphasis on skilling of women to prepare them for high-skill jobs, a senior government official told ET. The government intends to enhance female labour force participation in the country to 70% by 2047 as against 41.7% in 2023-24. «Achieving the 70% workforce participation target by 2047 will require sustained efforts across multiple dimensions, such as strengthening childcare support, enhancing flexible work policies… and encouraging private sector diversity hiring through policy nudges,» the official said.

privileged strategic partnership" with India, Russian Foreign Minister Sergey Lavrov said on Monday. Lavrov said at an event that Russia is actively expanding ties with countries like China, India, Iran, North Korea and Commonwealth of Independent States (CIS) countries, the state-run TASS news agency reported on Monday. «We prioritize boosting ties with the majority of global states,» he said at a meeting of the board of trustees of the Alexander Gorchakov Public Diplomacy Fund. «The relations of comprehensive partnership and strategic cooperation with the People's Republic of China boast an unprecedented level of mutual trust. Particularly privileged strategic partnership is developing with India,» the top Russian diplomat said. Lavrov added that serious progress has been reached in expanding and deepening of friendly ties with such states as Iran and North Korea. Moscow puts special emphasis on strengthening of all areas of cooperation with allies and partners among CIS member states, including within the framework of the Commonwealth, as well as the Collective Security Treaty Organization and the Eurasian Economic Union, Lavrov said.