India Financial News

The RBI report stated that India’s external sector continues to find support from resilient services exports, which remain less affected by global disruptions. “Going forward, India’s structural strengths—sound fiscal policies, a well-calibrated monetary framework, and digital transformation initiatives—are expected to provide a strong foundation for long-term sustainable economic growth,” the report stated. The RBI lowered the benchmark policy rate by 25 basis points to 6.26% in February, and the easing inflation print triggered economists to forecast another 25 bps cut in rates in April, according to an ET poll of 12 economists. After taking charge, President Donald Trump announced a series of tariff proposals leading to uncertainty on growth in both emerging and advanced markets. The pass-through of higher tariffs to consumer prices would be a key risk to global inflation, and central banks in advanced economies would have to factor in a potential slowdown in growth.

Sebi on Wednesday said it has reduced the minimum investment amount for Zero Coupon Zero Principal (ZCZP) instruments on the Social Stock Exchange from Rs 10,000 to Rs 1,000. ZCZP are instruments for donating money to non-profit organizations (NPOs) listed on the SSE. The move aims to enhance retail participation in social impact investments.

Economic Offences Court here has dismissed the bail application of Tarun Konduru Raju, who was arrested on March 10 for his alleged role in a gold smuggling case involving Kannada actress Ranya Rao. The Directorate of Revenue Intelligence (DRI) strongly opposed Raju's bail plea, citing concerns that he could abscond if released.

With a focus on infrastructure development, affordable housing, and sustainable urban initiatives, the budget positions the city for robust growth. Key projects announced include the Future City initiative, which covers 765 sq km and aims to transform Hyderabad into a global hub for high-value industries. This plan includes specialized zones like AI City and Pharma Hub, which are projected to significantly boost office space absorption as multinational corporations and high-value industries set up operations. As India’s first Net Zero urban development, Future City aligns with global sustainability goals, enhancing Hyderabad’s appeal to international investors and strengthening its position in the commercial real estate sector.

India’s BPM industry has long been a global leader, but industry veterans insist that what we see today is merely the tip of the iceberg. With rapid technological advancements, AI integration, and a workforce that must keep pace, the sector is on the brink of a transformative shift.

Tagore Baal Niketan rejoiced alongside millions as Indian-origin astronaut Sunita Williams returned to Earth after 286 days in space. The school is also renowned for nurturing Kalpana Chawla, the first Indian-origin woman in space. The first Indian to achieve this feat was Rakesh Sharma, who journeyed aboard the Russian spacecraft Soyuz T-11 in 1984. Born in Karnal in 1962, Kalpana Chawla tragically lost her life on February 1, 2003, when the Columbia spacecraft disintegrated over Texas and Louisiana, killing all seven astronauts on board. Chawla completed her schooling at Tagore Baal Niketan and earned a Bachelor of Science in Aeronautical Engineering from Punjab Engineering College, Chandigarh, in 1982. She moved to the United States later that year. The school, with a history spanning over six decades, has honored her legacy by dedicating an auditorium in her memory. Its principal, Dr Rajan Lamba said, «Everyone was happy and relieved at the safe return of Sunita William and fellow astronauts… Due to ongoing school Board exams, we could not hold celebrations in the school, but everyone was happy including students, teachers.» He reminisced about the Columbia Space Shuttle, recalling vivid memories and a series of letters exchanged between the school's founder and Chawla before her mission.

Subscribe to enjoy similar stories. Bengaluru: US-based Prologis Inc., the world’s largest owner of warehouses, plans to invest around $500 million in India by 2026 to build a large portfolio of warehousing parks in the country. The company could double its investment in India in the 5-7 years following the initial $500 million outlay, chief investment officer Joseph Ghazal said in an interview.

Subscribe to enjoy similar stories. New Delhi: The Centre is ramping up efforts to stabilize prices of tur (pigeon pea), a key staple in Indian diets, by targeting a buffer stock of 1 million tonnes for the fiscal year 2025-26, according to two people familiar with the matter. The consumer affairs ministry is leading the effort amid expectations of rising domestic production and a declining price trend.

Raisina Dialogue. Opened by EU Ambassador to India Hervé Delphin, the workshop was organized in cooperation with the Embassy of the Netherlands.

Donald Trump's reciprocal tariffs against other countries come into effect may not be as menacing as it seems because there is little clarity on how the tariffs will be imposed and Treasury Secretary Scott Bessent has put a twist in Trump's policy. It seems the policy is a work in progress, and nobody is yet sure how it will take effect. Reciprocal tariffs roughly mean hiking rates on imports to match the level that other countries apply to US products.

salary growth over the next 12 months, as organisations adapt to evolving talent demands and navigate macroeconomic challenges, a report said on Wednesday. In India, GCCs are seen as the top payers, outpacing traditional IT services in pay parity and growth, and are expected to give 9.8 per cent salary growth over the next 12 months, 'India's Talent Takeoff — The GCC 4.0 Story' report by digital talent solutions provider NLB Services said. «With India hosting over 55 per cent of the world's GCCs and projected to reach a market size of USD 110 billion by 2030, these centres have become critical nodes for organisations seeking agility, cost efficiency, and access to a vast talent pool. This growth trajectory is now translating into significant salary increases for employees, especially for specialised skills which are commanding higher premiums than ever before,» NLB Services CEO Sachin Alug said. However, he said, despite this strong momentum, gender-based disparities still require attention, with women earning approximately 75-85 per cent of male salaries on average, a gap which further widens at senior positions, reflecting the limited representation in leadership roles.

economic slowdown, according to its bulletin. «Policymakers are now walking a tightrope, having to balance the upward strain of rising prices on account of tariffs and currency depreciation, as well as the downward pressure on inflation from economic slowdown,» according to the document.

Uber saw its operating revenue in India grow by 41% for the fiscal year ending March 31, 2024, reaching Rs 3,762 crore, up from Rs 2,666 crore in FY23, as it managed to reduce its losses, driven by improvement in its ride-hailing services and growth in its support and service operations. In FY24 the San Francisco-based Uber Inc’s India unit significantly narrowed its losses by 71%, bringing it down to Rs 89 crore from Rs 311 crore in FY23, according to the company’s regulatory filings sourced from business intelligence platform Tofler. Over the past five to six years, Uber has been doubling down on its focus on the mobility segment. In FY24, its ride-hailing revenue in India surged by 19% to Rs 806 crore, up from Rs 678 crore the previous year. Additionally, revenue from support services grew to Rs 2,936 crore, compared to Rs 1,977 crore in the previous year.

The failure to implement the law will bring out women workers on streets in Bihar and other states, she said. Suggesting political motives behind bringing the law for women's reservation, Lamba said the delay in its implementation was akin to betraying the women of India. «The BJP government has been in full majority since 2014, but the women reservation law was passed just ahead of the 2024 elections. Why is it not being implemented? This is our next question to Modiji. »Why women, who form half of India's population, are deprived of their rights to participate in the assembly and Lok Sabha?" she asked while addressing the media after Geeta Patel formally took over the reins of Gujarat Pradesh Mahila Congress.

With India’s mutual fund industry hitting the market regulator’s $7 billion overseas investment limit, one door has been shut for Indian investors looking for global diversification. But they have the alternative option of investing overseas through portfolio management services (PMS), which are professionally managed funds with access to international markets.

These high-performing stocks that rallied more than 10% during the session included, Samtex Fashions(14.97%), Tokyo Plast Int(14.44%), Visco Trade Associates(14.20%), Nelcast(14.07%), ideaForge Technology(13.82%), Futuristic Sol(13.82%), Swaraj Engines(13.80%), Loyal Equipments Ltd(13.51%), Bajaj Steel(13.10%) and Birla Cable(12.97%).

With gold hovering near its all-time high, many individuals are contemplating the sale of their gold jewellery to the advantage of the elevated prices. When selling jewellery in India, it is important to consider making charges, taxes, and potential melting charges; also, ensure you have purchase documents or an invoice. If you purchased gold a few years ago, comparing it with today's gold price can help you assess the appreciation in its value. As the gold prices continue to rise, owning hallmarked gold jewellery offers security and enhances its investment and resale value. It is crucial to check the BIS hallmark before buying to make sure you are getting real gold.

Punjab Kings, one of the founding franchises of the Indian Premier League (IPL), continue their quest for a maiden title since their debut in 2008. Punjab have consistently struggled to find success in the league, only reaching the final once (in 2014) in their 17 attempts so far. Last season was yet another disappointment as they finished ninth, just ahead of Mumbai Indians. However, the franchise has made significant changes in a bid to finally claim the coveted trophy. ALSO READ:Delhi Capitals in IPL 2025: Team, key players, and season outlook

Vadilal Industries Ltd.(up 6.94%), LT Foods Ltd.(up 4.05%), Honasa Consumer Ltd.(up 3.64%), Bikaji Foods International Ltd.(up 3.60%), Dodla Dairy Ltd.(up 3.46%), ADF Foods Ltd.(up 3.20%), Adani Wilmar Ltd.(up 2.81%), Tasty Bite Eatables Ltd.(up 2.52%), Gopal Snacks Ltd.(up 2.49%) and Mrs. Bectors Food Specialities Ltd.(up 1.97%) stood among the top gainers.

KIOCL Ltd.(up 5.42%), Ashapura Minechem Ltd.(up 4.99%), Gujarat Mineral Development Corporation Ltd.(up 4.63%), MOIL Ltd.(up 3.50%), NMDC Ltd.(up 3.02%), Pokarna Ltd.(up 2.67%), Madhav Marbles & Granites Ltd.(up 2.62%), Coal India Ltd.(up 1.69%), 20 Microns Ltd.(up 1.09%) and Lexus Granito(India)Ltd.(up 0.57%) stood among the top gainers.