India Financial News

22.03 / 04:39
BAY performer dance stars Department Sporting IPL 2025 Opening Ceremony LIVE: Rain casts a shadow on Eden Gardens event
IPL 2025 Opening Ceremony LIVE: Indian Premier League season 18 is all set to begin with the opening match between Kolkata Knight Riders and Royal Challengers Benglauru on Saturday. Ahead of the marquee clash, BCCI has also scheduled the IPL 2025 opening ceremony, which is expected to be graced by many notable stars, including Shreya Ghoshal, Disha Patani and Shraddha Kapoor.IPL 2025 opening ceremony will begin at 6 PM IST at Eden Gardens on Saturday, March 22.
22.03 / 04:39
COST UPS Citi Manufacturing Hyundai Indian car manufacturers announce price hike starting April 2025. Here's which cars get affected
Mahindra & Mahindra will also increase prices across its SUV and commercial vehicle range starting in April 2025 with increments of up to 3 per cent. The manufacturer attributes the higher prices to rising input costs and escalated commodity prices, among other factors.
22.03 / 03:09
markets Citi FIVE Sustainability trends cover reports EV insurance demand surges 16x in just 3 years, Delhi-NCR leads with 18.3% market share: Report
Policybazaar. The private sector insurer said in a report that the share of insurance policies for EV cars, which stood at a mere 0.50 per cent in FY23, has expanded to 14 per cent in March 2025, standing at 8.2 per cent Observing the evolving trends, Amit Chhabra, CBO of General Insurance at Policybazaar said, «The accelerating adoption of EV insurance signals India's shift toward sustainable mobility. With EV insurance share growing nearly 16-fold in just three years, consumers are not only adopting electric vehicles but also recognizing the need for tailored protection.»
22.03 / 03:09
UPS FIVE Action President peace Ban on Awami Action Committee unjustified, advocated peace and dialogue, opposed all forms of violence: Mirwaiz Umar Farooq
Mirwaiz Umar Farooq on Friday said that the ban on his Awami Action Committee was unjustified based on unfounded allegations as the party since its inception has advocated the politics of outreach, dialogue and resolution and opposed all forms of violence. Mirwaiz addressed Friday congregation at historic Jama Masjid in Srinagar, for the first time since his organization AAC was banned by the Ministry of Home Affairs on March 11, for five years. The ban was imposed for allegedly fuelling anti-India propaganda and secessionism in J&K.
22.03 / 01:53
markets Williams Strategy Analysis Trade show reports The week in charts: Tax share, oil diplomacy, IndusInd Bank sell-off
Subscribe to enjoy similar stories. The Centre’s net tax collections have been robust in the current financial year so far. India is working on a plan to import oil from the US to avoid reciprocal tariffs.
22.03 / 01:53
markets Citi community Trade War symphony The merchant who built Bombay: How David Sassoon shaped a global city
Subscribe to enjoy similar stories. Sassoon Docks, tucked away in the bustling heart of South Mumbai’s Colaba, is a living testament to the city’s maritime soul. Just a stone’s throw from the Gateway of India, it is more than a mere port—it is the fish-scented, beating heart of Mumbai, where history, hustle, and heritage converge in an unforgettable sensory symphony.
22.03 / 01:21
COST UPS Target Extreme country reports Climate Change and You: Sunny Side Up, or Down?
Subscribe to enjoy similar stories. Dear Reader, I spent some time recently to understand the journey of the renewable energy sector in India, particularly solar power. My interest was piqued by the fact that renewable energy (RE) capacity has surpassed 200 gigawatts, contributing nearly 45% to installed power capacity in India.
22.03 / 01:21
Target Digital Platform Mobile voice rights International Connected TVs, mobiles and telco packs: How JioStar plans to take IPL to a billion screens this season
Subscribe to enjoy similar stories. Reliance Industries Ltd-backed JioStar is betting on “unprecedented viewing" for the 18th season of the Indian Premier League (IPL), which kicks off on Saturday night, as the newly merged media entity brings both TV and digital rights under one umbrella. The unified rights ownership marks a reset for IPL distribution, offering scale across platforms without internal competition, Kiran Mani, chief executive officer-digital, JioStar, said in an interview with Mint.
22.03 / 01:21
markets Food Trade Experts War country Industry differs with govt on soybean output, says edible oil price to stay high
Subscribe to enjoy similar stories. A price-signalling war is on between the government and processors of soybean, as the two have put out conflicting production estimates of the key cash crop that's an affordable source of edible oil. According to the Union agriculture ministry’s second advance estimates, there has been a record production of soybean in the country at 15.1 million tonnes during the kharif marketing season 2024-25.
22.03 / 01:21
markets UPS IPO wellness Healthcare trends Barclays says half of its private credit deals in India are worth over $100 mn
Subscribe to enjoy similar stories. Private credit funding, in which lenders and borrowers directly negotiate financing without engaging an intermediary, is increasing in size and complexity, as companies look to diversify their source of funding, Pramod Kumar, chief executive officer and head of investment banking - India at Barclays Plc. Barclays, which has been quite active in the private credit space over the past few years, is looking at big-ticket transactions.
22.03 / 01:21
markets COST IPO security Trade stage information NSE shrinks monthslong share transfer process to days ahead of a likely IPO
Subscribe to enjoy similar stories. Mumbai: In a significant step towards the potential listing of India’s largest bourse, the National Stock Exchange of India Ltd will lift a key hurdle that stood in the way of faster transfers of its shares. The stock exchange has informed its shareholders that the existing process for transferring its shares will be lifted on Monday, implying that NSE shares can be credited to a buyer’s account more expeditiously than in the current 2-4 months.
22.03 / 00:17
COST UPS Gap BURST wellness country Maharashtra's new power tariff proposal gives jitters to solar companies
Subscribe to enjoy similar stories. Mumbai: When Maharashtra decided to change how it prices power, the idea was simple: Prepare for an expected burst in solar power in the coming years with a model for its efficient use. However, its solution has worried the industry, which fears disruption in the way it does business and raises the cost of power in the country's fifth-largest solar power state.
21.03 / 23:57
Citi Airlines wellness show travelers Traffic India's travel boom: How Maha Kumbh and wedding season sparked record air traffic
But the Maha Kumbh, and an unusually long wedding season, have upended that maxim this year, making this three-month period as busy a season as any for tour planners, hoteliers, as well as airlines alike. Data from the Directorate General of Civil Aviation (DGCA) showed Indian carriers ferried 14 million passengers on the domestic sector in February- barely 6% fewer than what they did in the festive month of December.
21.03 / 23:53
markets Action economy Trade President performer Trump's tariffs cloud India's March exports
Subscribe to enjoy similar stories. New Delhi: Key Indian exports may have started cooling even before US president Donald Trump’s reciprocal tariffs roll out. Worried that higher levies may kick in by the time products land on American shores, local exporters are hesitant to ship engineering goods to the US, according to industry representatives.
21.03 / 19:51
markets Digital audience stars cricket Sporting ICC Champions Trophy 2025 draws 23% more viewership than 2023 Cricket World Cup
With a total watch time of approximately 250 billion minutes, including 137 billion minutes on Star Sports and 110 billion minutes on JioHotstar, the tournament’s success was driven by several matches to remember, particularly the grand finale between India and New Zealand on 9 March in Dubai. The final saw peak concurrent viewership reach 122 million on TV and 61 million on JioHotstar, setting a new benchmark for digital viewership in cricket. The final became the second highest-rated ODI in TV history outside of World Cup matches, drawing 230 million viewers and accumulating 53 billion minutes of watch-time across television and digital platforms. A key highlight of the tournament was the India-Pakistan league-stage clash in Dubai, which had the audience stuck to their seats and became one of the most-watched ODIs in India.
21.03 / 16:11
markets UPS Provident Platform WhatsApp travelers SBI MF, ICICI Prudential MF, Nippon India MF buy 4.12% stake in TBO Tek for Rs 537 cr
Mutual Fund (MF), ICICI Prudential MF, and Nippon India MF on Friday acquired a 4.12 percent stake in travel distribution firm TBO Tek for Rs 537 crore through open market transactions. TBO Tek is a technology platform engaged in the business of providing services related to tours and travel. A total of 44.72 lakh shares, or 4.12 per cent stake, in TBO Tek were acquired by the three mutual fund houses in three separate transactions on the BSE.
21.03 / 16:11
UPS BBC War track travelers Department London's Heathrow airport power outage: 'Sat on the cold, hard floor for hours, it's chaos', say passengers
The disruption could go on for days, Heathrow said, as it warned passengers not to travel to the airport «under any circumstances» until it reopens. More than 1,300 flights have been affected, tracking website Flightradar24 said, and passengers have been told not to travel to the airport until further notice. Thousands of passengers faced inconvenience after the power outage and their travel plans were thrown into disarray after Heathrow Airport shut on Friday. Many passengers who were already in the air spoke about the massive disruption that ensued after they were diverted to other airports, or turned back to where they had departed from.
21.03 / 16:11
Manufacturing WhatsApp cover information Department guidelines Features Telecom equipment sales under PLI at Rs 78,672 cr, govt informs Parliament
Telecom equipment sales have reached Rs 78,672 crore under the production linked incentive (PLI) scheme, of which exports contributed Rs 14,963 crore till January 31, 2025, the government has informed Parliament. As part of the scheme, companies have invested Rs 4,081 crore and generated employment for 26,351 individuals as on January 31, 2025, Pemmasani Chandra Sekhar, Minister of state for communications and rural development, said in a written reply in the Rajya Sabha yesterday. The Department of Telecommunications (DoT) had notified the PLI scheme on February 24, 2021, to boost domestic manufacturing of telecom and networking products in India with an outlay of Rs 12,195 crore.
21.03 / 16:11
FIVE CEO Strategy WhatsApp trends reports Colleges Struggling with jobs after graduating college? Tech CEO says the problem will continue unless you...
«Entry-level IT developers will have a tough time landing a job in 2025. If you have just graduated from college, focus on building live products and make them open source. That’s the only way you can showcase your talent and land a job,» said Udit Goenka. India’s $254-billion IT sector, long a global powerhouse, is witnessing a shift in how it operates as automation and evolving technologies redefine its growth strategies.
21.03 / 14:31
WhatsApp community Myanmar Refugees strain Aizawl deputy commissioner issues directive banning Myanmar, Bangladesh refugees from acquiring Indian identity documents
The order, dated comes in response to growing concerns over a potential demographic shift in the region due to illegal immigration, particularly from Myanmar. Mizoram, sharing a 510-km porous border with Myanmar, currently hosts 33,505 Myanmar refugees, predominantly from the Chin ethnic group, alongside 2,217 from Bangladesh, as per Home Minister K Sapdanga. The influx, triggered by Myanmar’s 2021 military coup, has strained resources and sparked fears of a broader regional impact. In Manipur, former Chief Minister N Biren Singh has repeatedly blamed illegal immigration from Myanmar for fueling ethnic violence between the Meitei and Kuki-Zo communities, displacing over 50,000 people since May 2023. There are around 8,000 refugees from Manipur who have taken shelter in several districts of Mizoram after the ethnic violence broke out in the neighbouring state in May 2023.
21.03 / 14:31
President Universities Justice reports shock Courts Scandals ‘We are not a trash bin’: Allahabad HC Bar Association slams Justice Yashwant Varma’s transfer amid Rs 15 crore cash scandal
Allahabad High Court Bar Association has fiercely opposed the repatriation of Justice Yashwant Varma following the discovery of Rs 15 crore in unaccounted cash at his official residence. In a strongly worded letter to the Chief Justice and Judges of the Allahabad High Court, the association stated, «We aren’t a trash bin,» expressing shock at the Supreme Court Collegium’s decision. «The decision of the Collegium raises a serious question — is the Allahabad High Court a trash bin? This matter becomes important when we examine the current situation… wherein the Allahabad High Court is short of judges… new judges have not been appointed for many years,» the statement read. Senior advocate and association president Anil Tiwari signed the resolution, reiterating that while the High Court faces ongoing issues, it cannot be treated as a dumping ground for controversial appointments. «Presently, we are facing so many problems, particularly shortage of judges resulting in fresh cases not being heard for months, thereby diminishing the faith of the public in the rule of law. But it does not mean we are a trash bin. We are not ready to accept corruption,» the statement added.

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