India Financial News

20.03 / 16:27
Provident Target security Justice Department rights Two task forces to look into changes in Atomic Energy Act and nuclear liability law
In written replies to questions in the Rajya Sabha, Minister of State in the Prime Minister's Office (PMO) Jitendra Singh said the first task force comprises members from the Department of Atomic Energy, Atomic Energy Regulatory Board, Nuclear Power Corporation of India Limited (NPCIL), Niti Aayog, Ministry of Law and Justice and Ministry of External Affairs. «The Task Force is looking into various aspects like build, own, operation of nuclear power plants by the private sector, nuclear safety, security, safeguards, fuel procurement/fabrication, waste management, spent fuel reprocessing,» Singh said. He said a separate task force is also looking into the Civil Liability for Nuclear Damage (CLND) Act to address the concerns raised by private suppliers. The CLND Act is considered to be the biggest hurdle to private sector participation due to a provision in it that pins liabilities on nuclear suppliers, in addition to the operator, in case of damage.
20.03 / 16:01
markets UPS Provident Mobile Sustainability innovations Hero MotoCorp enters electric three-wheeler biz with investment worth Rs 525 crore in Euler Motors
Hero MotoCorp has approved an investment of up to Rs 525 crore in Euler Motors Private Limited, marking the company’s entry into the electric three-wheeler market. The investment will be made in one or more tranches and aims to provide Hero MotoCorp with a foothold in the growing electric vehicle sector, where electric three-wheelers are projected to account for 35% of total sales in the near future, the company said in an exchange filing on Thursday. «Our strategic investment in Euler is a bold step towards realizing our vision to 'Be the Future of Mobility.' This investment reinforces our commitment to accelerated growth through both organic and inorganic expansion, while highlighting the power of collaboration and adaptability in an ever-evolving market. As a global automotive leader, Hero MotoCorp is driven by sustainability, innovation, and customer-centric progress,» said Pawan Munjal, Executive Chairman of Hero MotoCorp.
20.03 / 16:01
Digital Netflix WhatsApp Hallmark Bill show International When Calls the Heart Season 12 Finale: When will Episode 12 release? See release date, time, plot and where to watch
When Calls the Heart Season 12 is coming to an end with Episode 12, titled Must Be Gold. The episode will be available on March 23, 2025, at 9/8c on the Hallmark Channel. The series follows a fixed release schedule.
20.03 / 14:59
Target Cooper Trade social gatherings prevention International 588 antiquities repatriated to India from US so far, 297 received in 2024: Govt
He was asked the number of «looted or stolen artifacts» expected to be repatriated under US-India Cultural Property Agreement to prevent illicit trade of antiquities. «Cultural Property Agreement (CPA) has been signed with the United States of America (USA) to prevent smuggling of Indian antiquities. Agreement, being preventive in nature, has no timelines or target numbers. So far, 588 antiquities have been repatriated from USA, out of which 297 were received in 2024,» he stated. The Union minister was also asked whether the government plans to collaborate with international organisations or other nations to strengthen India's efforts in recovering stolen antiquities. «India collaborates with different international organisations, including UNESCO and INTERPOL, as per requirement. The CPA has provision for fostering cooperation and mutual understanding in the matters of technical assistance, illicit trade and pillage of cultural property,» he added.
20.03 / 14:59
markets UPS Provident WhatsApp Trade Bain Capital to buy 18% stake in India's Manappuram Finance for Rs 4,385 crore
Manappuram Finance said on Thursday investment firm Bain Capital would pick up an 18% stake in the gold loan provider for 43.85 billion rupees ($508 million). Bain Capital will make the investment through subscription to shares and warrants at 236 rupees apiece, implying a 30% premium over the six-month average trading price of Manappuram Finance.
20.03 / 14:59
Provident Reuters Healthcare show country innovations patient Weight-loss drug Mounjaro now in India: What is the price? What are the side effects? Here's all you need to know
Mounjaro in India on Thursday, beating rival Novo Nordisk for a much-awaited entry into the world's most populous country grappling with increasing rates of obesity and diabetes. U.S.-based Lilly and Danish Novo Nordisk have seen skyrocketing global demand for their innovative weight-loss drugs, with investor interest also boosting the drugmakers' valuations.
20.03 / 14:05
markets Target FIVE Aviat Airlines International IndiGo targets 200 mn fliers by 2030, but faces plane shortage
Subscribe to enjoy similar stories. India's largest airline IndiGo expects to fly 200 million passengers annually by 2030, an 80% increase from the 113 million passengers it flew in 2024, led by its fleet expansion from 439 aircraft to 600 by the end of the decade. Top executives of InterGlobe Aviation, IndiGo's parent company, told analysts in Gurugram on Wednesday that the airline would expand beyond its domestic network to lucrative international routes, taking its share of international outbound traffic to 40% from the current 28%.
20.03 / 13:13
FIVE Opinion country information reports guidelines Will banks remain open only 5 days a week from April? Here’s what government has said
Also read: IndusInd Bank depositors! Here's RBI's opinion on the bank's financial stateIndusInd Bank depositors! Here's RBI's opinion on the bank's financial state However, the Press Information Bureau (PIB) has factchecked this claim stating it as fake news. According to the PIB Factcheck, “A news report by Lokmat Times claims that starting from April, banks across the country would operate 5 days a week, following a new regulation issued by RBI. PIBFactCheck: This claim is Fake. For official information related with Reserve Bank of India, visit: https://rbi.org.in.”
20.03 / 13:13
security WhatsApp community show country Over Rs 22 crore incurred on PM Modi's visit to US in June 2023: Govt tells Parliament
Leader of Opposition in the Upper House Mallikarjun Kharge asked the government the total expenditure incurred by Indian embassies on arrangements for the prime minister's foreign visits in the past three years. He also asked for visit-wise details of expenses under major heads such as hotel arrangements, community receptions, transport arrangements and other miscellaneous expenditures among others. The data on country-wise expenditure on foreign visits by the prime minister, including the expenditure on official, accompanying, security and media delegations, in 2022, 2023 and 2024 was shared in a tabulated form in his response. According to the data, an expenditure of Rs 22,89,68,509 was incurred on the visit of the prime minister to the US in June 2023, while the expenditure incurred was Rs 15,33,76,348 on the September 2024 visit to the same country.
20.03 / 12:49
markets UPS ETF security performer track country Buy the world: Devina Mehra’s advice for Indian investors
They say, ‘Home is where the heart is’. When it comes to money, however, Devina Mehra, founder and chairperson of securities firm First Global, strongly feels that part of it should be parked outside of the home country.
20.03 / 11:33
Updates AIBE 19 Result 2024 LIVE: All India Bar Examination to declare results; Check direct link, steps to check
AIBE 19 Result 2024 LIVE: The Bar Council of India is yet to announce the AIBE 19 Results 2024. Once declared, the candidates can check the All India Bar Examination results on the official website: allindiabarexamination.com. The provisional answer key for AIBE 19 was released on December 28, 2024.
20.03 / 11:13
markets economy WhatsApp Experts Cycling reports Indian IT sector faces slow recovery amid economic challenges and tech transition
Indian IT sector is experiencing a slowdown, and experts predict a longer period of moderate growth. Challenges from the global economy and technological changes are increasing risks to revenue. This weaker growth is expected to have a limited impact on the overall economy. Analysts note that growth is uneven across different IT companies, influenced by individual company circumstances. “Change in tech cycle is likely to create a transition phase for tech services companies (like 2016/17), causing growth to moderate in short term. We are lowering our dollar revenue growth forecasts by 100-200 bps and expect growth of 4.5% in FY26 and 6% in FY27 for large-cap IT companies,” analysts at Morgan Stanley reported. Jeffries, an investment firm, downgraded the IT sector due to growing concerns about the US economy. They cited a weaker US growth outlook and a declining US dollar, which could reduce a previous advantage for Indian IT firms related to currency exchange. Morgan Stanley added that while IT stocks have already declined, their valuations compared to the broader Indian stock market remain near their five-year average. They see potential risks to current revenue predictions and the possibility of lower valuations in the future.
20.03 / 11:13
markets UPS Micron Lexus Updates orienteering Stock market update: Mining stocks mixed as market rises
Oriental Trimex Ltd.(up 5.02%), Gujarat Mineral Development Corporation Ltd.(up 1.44%), Ashapura Minechem Ltd.(up 1.25%), The Orissa Minerals Development Company Ltd.(up 0.24%), Coal India Ltd.(up 0.14%), Madhav Marbles & Granites Ltd.(up 0.05%) and NMDC Ltd.(up 0.02%) stood among the top gainers.
20.03 / 09:31
markets IPO Target FIVE show Department PSUs emerge as bright spot for investment banks amid recent correction: Emkay
Emkay Investment Banking said on Thursday. While volatility has slowed activity on the deal street, the government’s divestment drive is expected to revive momentum. The Department of Investment and Public Asset Management (DIPAM) has set a divestment target of Rs 47,000 crore for fiscal year 2026, creating a significant opportunity for investment banks, Emkay said on the industry outlook.
20.03 / 09:31
FIVE Mobile Remark trends reports Traffic Indian 5G user base to grow to 770 million by 2028; average data use peaks to 40 GB: Nokia
5G data consumption in India has peaked to 40 GB per user per month and its total subscriber base is expected to grow by 2.65 times to around 770 million in the next three years, telecom gear firm Nokia said on Thursday. The mix of data consumption across 4G, 5G etc has increased by compounded annual growth rate of 19.5 per cent over five years to 27.5 GB in 2024, Nokia's annual mobile broadband index (MBiT) report said. According to the report, there was a remarkable three-fold year-on-year surge in 5G data traffic across India in 2024. «Average 5G data consumption in India per user was recorded at 40 GB in December 2024. We expect the 5G user base to grow to around 770 million by 2028 from 290 million in 2024,» Nokia India, Head of Technology and Solutions (Mobile Networks), Sandeep Saxena said during the report launch.
20.03 / 09:31
Provident Citizens Aware Strategy country information International Government didn't participate in any exercise related to Corruption Perception Index: Centre in RS
government of India did not participate in any exercise related to the Corruption Perception Index, and took various measures to combat graft in pursuance of its commitment to "zero tolerance against corruption", the Rajya Sabha was informed on Thursday. The assertion came in response to a question whether the «government is aware that India's score on the Corruption Perceptions Index (CPI) 2024 declined to 38 points, ranking 96th out of 180 countries, as per the Transparency International report», and reasons behind it, among others. In a written reply, Union Minister of State for Personnel Jitendra Singh said, «No such surveys were conducted by any agency at the behest of the government of India.» Further, the government of India did not participate in any such exercise related to the Corruption Perception Index, Singh said. However, the government of India, in pursuance of its commitment to «zero tolerance against corruption», has taken several measures to combat corruption, which include systemic improvements and reforms to provide transparent citizen-friendly services and reduce corruption, the minister said. He cited the disbursement of welfare benefits directly to the citizens under various schemes of the government in a transparent manner through the direct benefit transfer (DBT) mode, implementation of e-tendering in public procurements, introduction of e-governance and simplification of procedures and systems besides the introduction of procurement through the government e-marketplace (GeM), as measures to check corruption.
20.03 / 09:31
markets Aviat Airlines WhatsApp Traffic International Destinations Dominance of foreign airlines on international routes to benefit Indian carriers: ICRA
ICRA. International air passenger traffic for Indian carriers is projected to grow by 15-20 per cent in FY2025 and FY2026, against domestic air traffic growth of 7-10 per cent per year. This growth is driven by increasing e-visa and visa-on-arrival coverage, along with the Indian government's push for theme-based tourist centres and iconic destinations.
20.03 / 08:49
markets FIVE Digital Manufacturing Entertainment reports Pharmaceuticals FIIs are betting on these small-cap stocks—should you?
Subscribe to enjoy similar stories. Foreign institutional investors (FIIs) have been shifting their focus from large-cap stocks to select smaller companies, reshaping investment patterns in the Indian market. In the December 2024 quarter, FIIs increased their stake in only nine Nifty 50 firms while trimming positions in the rest.
20.03 / 08:37
FIVE wellness War stars testing Features cricket IPL 2025: From 13-year-old Vaibhav Suryavanshi to RCB's Swastik Chikara, here are the top youngest players to watch out for
This year, 13-year-old Vaibhav Suryavanshi, will already become the youngest player ever to feature in the cash-rich tournament. Here are the five youngest players participating in the IPL 2025.
20.03 / 08:37
Action Research country electronic innovations information India's 'AI for All' mantra backed by concrete action: Commerce and IT MoS Jitin Prasada
AI for All' mantra is backed by concrete action with the country leading in AI skill penetration and talent concentration, Union Minister Jitin Prasada said on Thursday as he urged industry leaders to prioritise research and development (R&D) to capitalise on India's position as a global skill capital. Prasada, Union Minister of State for Ministry of Commerce & Industry and Ministry of Electronics & Information Technology, was delivering a keynote address at the Nasscom Global Confluence 2025. «Our mantra 'AI for All' is backed by concrete action. India is number one in the world in AI skill penetration — the AI skill index even outstrips the US and Germany. »It's just not about numbers, it's about impact. As nations across the globe embrace digitalisation to modernise traditional sectors and fuel economic growth, India stands ready to be a strategic technology partner," the minister asserted.

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