India Financial News

The NSE Nifty index ended the session 73.3 points down at 22397.2, while BSE Sensex fell 200.85 points to 73828.91.

RPG Group chairman Harsh Goenka recently shared a post on microblogging platform X (formerly Twitter) featuring Reliance Industries Chairman Mukesh Ambani’s perspective on success. The post included a video of Ambani quoting a message from Swami Vivekananda, stressing the importance of focusing on a single idea.

Coromandel International Ltd.(up 2.05%), Bohra Industries Ltd.(up 2.00%), Paradeep Phosphates Ltd.(up 1.86%), Mangalore Chemicals & Fertilizers Ltd.(up 1.62%), Agro Phos India Ltd.(up 1.41%), Southern Petrochemicals Industries Corporation Ltd.(up 0.68%), Krishana Phoschem Ltd.(up 0.54%), Gujarat State Fertilizer & Chemicals Ltd.(up 0.27%) and Rama Phosphates Ltd.(up 0.09%) stood among the top gainers.

Piyush Goyal on Thursday urged the creative industry to take India's story to the world and contribute further to the economic growth. He emphasised putting trust and authenticity at the centre of their work and taking responsibility and accountability for the output they generate.

Adani Green Energy Ltd.(up 2.37%), ACME Solar Holdings Ltd.(up 1.86%), Suzlon Energy Ltd.(up 1.36%), GE Power India Ltd.(up 1.28%), Inox Wind Energy Ltd.(up 0.89%), Energy Development Company Ltd.(up 0.76%), PTC India Ltd.(up 0.58%), NTPC Ltd.(up 0.54%), Ravindra Energy Ltd.(up 0.22%) and Power Grid Corporation of India Ltd.(up 0.21%) stood among the top gainers.

Bharat Electronics Ltd (BEL), marks a significant shift towards self-reliance in defence technology. These LLTRs, designed and developed by the Electronics & Radar Development Establishment of DRDO, will be the first indigenous radar systems of their kind for the IAF, replacing previously imported equipment. The system is expected to strengthen India’s ability to track aerial threats, ranging from high-speed fighter jets to slow-moving drones and helicopters.

Global Capability Centers (GCCs) and the technology sector, according to a report by Anarock. The co-working sector accounted for 34% of the total transactions, marking a 6% increase from 2023. Conversely, the IT-ITeS sector’s share decreased by 3% to 29%, while consulting business occupiers contributed 12% to the overall transactions. “The year 2024 emerged as a transformative year for the office real estate market, characterized by robust absorption, strategic expansion by diverse sectors, and strong rental growth across major markets,” said Peush Jain, MD-commercial leasing and advisory, Anarock Group.

Madhuri Dixit as a «second-grade star» who is «past her prime.» Jully made this statement during a discussion in the Rajasthan Assembly, where he questioned the benefits of the recent IIFA event held in the state. He criticised the government's spending, saying, «In the name of IIFA, over Rs 100 crore of public money was spent. If you saw the hoardings, it was only a promotion of IIFA and not of Rajasthan.» «What did Rajasthan get from IIFA? The stars who came for the event did not visit any tourist place in the state,» he added. Jully further questioned the calibre of celebrities who attended the event, stating, «And which big name from the industry appeared? Apart from Shah Rukh Khan, all others were second-grade stars. No other first-grade actor came.» When some members objected to his comments, Jully continued, «Now, Madhuri Dixit is a second-grade star, her prime has gone. She was a star in the times of her movies like 'Dil' and 'Beta'.»

Subscribe to enjoy similar stories. Mines in Tamil Nadu will now attract additional tax, dealing a fresh blow to The Ramco Cements Ltd, which focusses on south India. Under the Tamil Nadu Mineral Bearing Land Tax Act 2024, the Tamil Nadu government has notified the levy of a mineral-bearing land tax of ₹160 per tonne on limestone in the state, effective 20 February.

Haldiram Snacks Food, India's biggest maker of bhujia and other ethnic snacks, Singaporean private equity firm Temasek signed a definitive agreement to buy 10% in the company at a valuation of $10 billion on Tuesday night, ET has reported based on information from executives directly aware of the developments. To command such a high valuation, Haldiram promoters, the Agarwal family, had been sprucing up its operations. The two business branches of the Haldiram group, Delhi and Nagpur, are being merged through a plan approved by the National Company Law Tribunal (NCLT). The promoter family also roped in a professional CEO in May 2023, a first for the company. Yet, the $10 billion ask by the promoters was not found convincing by several interested parties even though the iconic brand that started in 1937 with a tiny shop in the city of Bikaner in Rajasthan has grown into a mega business sprawling across products as well as territories, commanding leadership in a highly fragmented sector of ethnic savouries and snacks.

Eight of the top ten IT stocks have entered bear market territory, including Infosys, HCLTech, and Tech Mahindra. LTIMindtree experienced the most significant drop from peak levels, falling 33%, while Wipro, though performing relatively better, still saw a 16% decline.

Life Insurance Corporation of India (LIC) looks inexpensive, domestic brokerage firm Kotak Institutional Equities has maintained a ‘buy’ call on the stock, revising its target down to Rs 1,175 from an earlier Rs 1,250, to reflect a lower investment return following the recent correction in equities. “The correction in equities and a severe slowdown in business, following the surrender value guidelines, continue to weigh on the prospects of LIC. Trends in (equity) markets have high sensitivity and drive over 50% of its EV. The slowdown in APE and management’s stance on dealing with the same are monitorable. Inexpensive valuations support our BUY rating,” said the domestic brokerage firm.

economy? check. As you continue to gather your gulal and stock up on sweets, there is another reason to celebrate Holi this year—the Indian economy is bringing its own splash of colors to the festival. With inflation cooling, EMIs likely to get cheaper, and a fresh dose of tax relief from the government, there’s more than just festive spirit in the air. So, as you vibe on “Balam Pichkari" or «Do me a favor, let’s play Holi!”—here’s how the economy is setting the perfect backdrop for a vibrant, cheerful celebration.

Holi, giving investors an extended weekend before trading resumes on Monday, March 17, as per the holiday schedule issued by the National Stock Exchange (NSE) and the BSE. The closure will affect all market segments, including equities, derivatives, securities lending and borrowing (SLB), electronic gold receipts (EGR), and currency trading.

Microfinance company Satin Creditcare Network has raised $100 million in external commercial borrowing from Standard Chartered Bank and six Sri Lankan lenders. This is Satin's maiden syndicated social term loan raised from overseas lenders under the automatic route of the Reserve Bank of India (RBI). «Securing $100 million from new lenders, notably prominent Sri Lankan banks, amid challengingThis social loan marks a significant landmark as Satin Creditcare’s first syndicated transaction, reflecting the trust and confidence that global financial institutions have placed in us. It times highlights our strong governance, sustainable growth, and financial resilience,» Satin chairman HP Singh said.

JioHotstar has set new records in India’s live sports streaming with the ICC Men’s Champions Trophy 2025, drawing 540+ crore views and nearly 11,000 crore minutes of watch time, cementing its dominance in digital sports. The India vs. New Zealand final captivated audiences nationwide, drawing 124.2 crore views and reaching a peak concurrency of 6.12 crores. Hindi-speaking regions contributed over 38% of total viewership, with Uttar Pradesh, Uttarakhand, Maharashtra, Goa, Punjab, and Haryana leading consumption. Large-screen viewing also saw a surge, with JioHotstar achieving over 80% penetration in WiFi-enabled CTV households, and Maharashtra recording the highest viewership. Kiran Mani, CEO – Digital, JioStar, highlighted the platform’s scale and accessibility: «The overwhelming response to the ICC Men’s Champions Trophy 2025 marks a leap toward the billion-screen opportunity, where seamless access and immersive engagement are now the expectation, not the exception. The tournament also saw the highest-ever single-day subscriptions since launch, during the India vs Australia match, further underscoring the scale at which audiences are embracing digital streaming. This moment is a testament to our commitment to making high-quality experiences accessible to all and transforming digital consumption in India, as we continue to deliver unparalleled, seamless, and inclusive experiences built for the future.»

Keki Mistry, Former VC & CEO, HDFC & Independent Director in Several Companies, says he would be surprised if India’s growth is not 7% or very close to 7% by the second half of the year. If monsoons are good, food prices continue to remain low, and there is low geopolitical uncertainty, then we can cross 7% in the latter part of the year. Mistry also says that the risk to India from tariff threat is far lesser than the risk to countries like China, Canada or any of these European countries. India is hugely dependent on the domestic economy though exports make for 22-23% of GDP and the US accounts for 16-17% of total exports. So, the proportion of the impact it will have on India will be lesser than in most other countries. FMCG, retail, also the IT sector will do well because of rupee depreciation.

Diwekar, who advises Bollywood star Kareena Kapoor Khan, suggests adding two simple yet effective ingredients to your lunch—ghee and chutney.

Subscribe to enjoy similar stories. Aprajita Toor's take on Mary Janes: Umrao Janes' in Dusk Bloom where traditional Indian motifs get a modern twist.

Union Minister Jitendra Singh expressed his pride in ISRO's latest achievement, the successful demonstration of the Space Docking Experiment (SpaDeX) mission, calling it a significant step toward India's future space ambitions. In a post on X on Wednesday, Singh congratulated the ISRO team, emphasising that the successful de-docking of the SpaDeX satellites was a critical development for upcoming projects, including the Bharatiya Antariksha Station, Chandrayaan 4, and Gaganyaan. «PM Narendra Modi’s continuous patronage keeps the spirits soaring,» Singh added. The SpaDeX mission, launched on December 30, 2024, marks a crucial milestone in India’s space exploration journey, demonstrating advanced space docking and undocking technology that will be essential for future missions.

Infosys cofounder N R Narayana Murthy on Wednesday sought to calm the «exaggerated» hype around artificial intelligence (AI) in India, noting that many systems being labelled AI were nothing more than old programming. “I think somehow it has become a fashion in India to talk of AI for everything. I have seen several normal, ordinary programs touted as AI,” he remarked at TiECon Mumbai, an annual conference of entrepreneurs. In a conversation with TiE Mumbai founding president Harish Mehta, Murthy explained that there are two fundamental principles behind true AI: the first is machine learning, which enables large-scale correlation to make predictions; the second is deep learning, which mimics how the human brain works, using unsupervised algorithms.