India Financial News

Indian market is likely to consolidate on Tuesday, tracking muted global cues. The Nifty Futures closed 0.65% higher at 22,589 on Monday. India VIX rose over 1% to 13.42 in the previous session.

Narendra Modi and his New Zealand counterpart, Christopher Luxon, talked about wide-ranging issues in Delhi on Monday to strengthen bilateral talks. However, However, as Luxon jokingly said cricket was not among the topics discussed. The New Zealand Prime Minister said he had deliberately avoided talked about cricket to prevent a «diplomatic incident» as Modi burst into laughter. Recently, India beat New Zealand in the final of Champions Trophy, while the Blackcaps handed the Men in Blue their first home Test series defeat in 12 years. «I really appreciate that PM Modi didn't bring up New Zealand's Champions Trophy loss to India, and I didn't mention our Test victories in India. Let's keep it that way and avoid a diplomatic incident,» Luxon joked, drawing cheers from the room. Former New Zealand cricketer Ross Taylor, part of the visiting delegation, also joined in the laughter along with Modi at the reference.

Anushka Sharma recently took to Instagram to share a thought-provoking message about the way different people perceive us. She reflected on how the image we hold of ourselves is not necessarily the same as the way others see us. She pointed out that our family members, colleagues, and acquaintances all form their own distinct impressions of us, and in essence, multiple versions of our identity exist in the minds of those who interact with us. On her Instagram post, Anushka Sharma shared a quote that read, “A different version of you exists in the minds of everyone who knows you. The person you think of as ‘yourself’ only exists for you, and even you don’t really know who that is. Every person you meet, have a relationship with, or make eye contact on the street with, creates a version of ‘you’ in their heads." She elaborated further, writing, «You’re not the same person to your mom, your dad, your siblings than you are to your co-workers, your neighbors or your friends. There are a thousand different versions of yourself out there, in people’s minds. A ‘you’ exists in each version and yet your ‘you’, ‘yourself’ isn’t really a ‘someone’ at all.»

Hindustan Unilever (HUL) will be in focus on Tuesday after the Competition Commission of India (CCI) approved the company’s proposal to acquire Uprising Science, the parent company of beauty and personal care brand Minimalist, on Monday. Jaipur-based Uprising Science specializes in manufacturing and selling beauty, personal care, baby care, and hair care products under the 'Minimalist' brand.

«Base case scenario getting worked out that the first half of the next financial year, earnings should start bottoming out, reflecting in probably the spread narrowing as well,» says Mayuresh Joshi, Head Equity, Marketsmith India. The question which we are debating, deliberating, and discussing is that do we have a durable trading bottom in place for the market now and it will take a lot of global bad news or local events to break that recent low. Mayuresh Joshi: We have been analysing a lot of aspects, including how the gap between the bond yields and the earnings yields have probably panned out over the last 10 to 15 years and in terms of this narrowing of spreads, we are below the long term averages.

Hotel chains in India say they are leveraging 'cutting-edge' AI technologies to enhance customer service, streamline operations, and amplify overall guest experience. Tata Group backed Indian Hotels Company (IHCL) said it has successfully piloted a robot assistant at its Ginger hotel at Mumbai Airport, setting the stage for 'a new era of hospitality.'

Slovenia’s possible participation in IMEEC represents an opportunity to position itself as an important route between India and the markets of Central and Eastern Europe. Slovenian Port Koper could represent a strategic gateway for logistic hub for goods distributions to these markets.

Subscribe to enjoy similar stories. A leader in power generation, NTPC offers consistent performance. It is also expanding into renewable energy, which makes it a resilient option.

Subscribe to enjoy similar stories. India’s benchmark index, Nifty 50, opened lower on Monday, 17 March, but rebounded as buying interest emerged at lower levels, pushing it into positive territory. The index closed 112 points higher (+0.50%) at 22,509.65, forming a bullish candle.

Subscribe to enjoy similar stories. Mobile apps cybersecurity startup Protectt.ai said on Monday it has raised around $8.7 million at an undisclosed valuation in a Series-A funding round led by global venture capital firm Bessemer Venture Partners (BVP). The Mumbai-based company aims to use the funds to drive global expansion, undertake product innovation and nurture talent.

Subscribe to enjoy similar stories. The 10-year Indian bond yield, once trading at 12-13% in the late 90s, has now dropped from its 5-year high of around 7.5% to 6.7% as of February-end 2025. With the start of the interest rate cut cycle, yields are expected to fall further.

The moves come as India Inc faces a severe dearth of C-suite talent in the semiconductor space due to the absence of any fab or a robust semiconductor ecosystem in the country, leaving these companies to rely exclusively on hiring expats for senior roles, the experts said. For instance, Tata Electronics tapped Intel's Foundry Services president Randhir Thakur as its CEO and MD while Murugappa Group's CG Semi roped in Filipino semiconductor industry veteran Jerry Arucan Agnes as CEO. The extended list includes past hires such as Vedanta which hired David Reed as CEO of semiconductor business and YJ Chen as CEO of display business in 2023.

inferencing hardware, said Abhijit Dubey, global CEO of the Japanese data centre giant NTT DATA. “I think it (impact) is far more fundamental. It demonstrated that the unit cost economics are significantly lower from a training and inferencing standpoint. Number two, it demonstrated that open source is viable. And number three, that there's a lot more value in inferencing than just pure training.” However, despite the Chinese disruption, NTT has not recalibrated capex plans for data centres and the industry is undergoing a boom cycle, he said. Globally, NTT has committed to invest 8 trillion Yen ($59 billion) between FY2023 to FY2027 in data centres and AI.

inter-ministerial committee to address issues being faced by the country’s fintech industry that has run into multiple regulatory hurdles over the past few years. The committee comprises representatives from the Department of Financial Services, Department of Economic Affairs, NITI Aayog, Ministry of Electronics & Information technology (MeitY), Department for Promotion of Industry and Internal Trade (DPIIT), Department of Economic Affairs (DEA), the Reserve Bank of India, markets regulator Sebi and founders of fintech firms Billdesk, Acko General Insurance, Groww, and Jupiter. ET has reviewed an order for the same issued by the financial services department on March 17.

NPCI) is working to phase out ‘collect calls’ for merchant payments as part of the government’s efforts to combat online frauds via the Unified Payments Interface (UPI), two bankers familiar with the matter said. A collect call is a ‘pull’ transaction, where a merchant initiates a payment request to the customer. Given that merchants have a higher degree of control over these, there is a more chance of fraud. Authorities are instead encouraging ‘push’ transactions, where the customer initiates the payment by scanning a QR code or through other means.

Starlink may offer massive satellite connectivity — a few terabytes per second of data throughput — in India, with a large amount of it already in place and can be provided immediately to customers once all the necessary approvals are obtained, people aware of the details told ET. The Starlink capacity is expected to be 80-90 times more than that of rivals Eutelsat OneWeb or Reliance Jio-SES, which could offer only 30-50 gigabits per second (Gbps), the people said. The Elon Musk-owned satellite communication company plans to set up three gateways — in Mumbai, Pune and Indore — and one point of presence in Mumbai to cater to the India market, they said. While gateways act as a bridge between a satellite and the terrestrial communication network, transmitting data between the two, the point of presence is also a key pillar for the network, though much smaller in size and scale.

Canara Bank on Monday raised ₹4,000 crore through the sale of tier-II bonds maturing in 10 years at an annual coupon rate of 7.46%, according to a top bank official. Last December, Punjab National Bank raised ₹3,000 crore tier-II bonds maturing in 15 years at 7.43%.

The recent stock market slump in the US has raised concerns about President Donald Trump's economic policies such as tariffs, immigration crackdowns and federal budget cuts. Will these policies eventually benefit the market and investors?

IndusInd Bank raised ₹11,000 crore selling certificates of deposit (CDs) on Monday, as the lender moved to shore up its funding position amid deposit withdrawals after it revealed a ₹2,000 crore accounting discrepancy in its derivatives book. The fundraising suggests a likely return of investor confidence in the bank after the Reserve Bank of India on Saturday said the private lender has sufficient capital despite a likely hit on its net worth.

“Ashok Talpatra was my hostel mate at IITB. His parents earned less than 10K/month, and they lived in a slum for 500 INR/month. He cracked AIR 63 out of 4.7L students and is now a Staff Software Engineer at Google in Zurich. IITs are India’s biggest social mobility enablers,” Bhatnagar posted on X (formerly Twitter).

Bajaj Finserv has signed a binding agreement to acquire Allianz SE’s 26% stake in its life and general insurance ventures for ₹24,180 crore, ending a 24-year-old partnership. The buyout, priced at ₹13,780 crore for Bajaj Allianz General Insurance Company and ₹10,400 crore for Bajaj Allianz Life Insurance Company, will take the Bajaj Group’s holding from 74% to full ownership, the company said in a stock exchange filing on Monday. Allianz said it will explore “reinvestment of sale proceeds into potential new opportunities in India.” The deal, subject to approvals from Competition Commission of India and insurance regulator IRDA, may see Allianz receiving proceeds in multiple tranches.