India Financial News

Subscribe to enjoy similar stories. The Indian equities market has captured the limelight for its stellar performance in recent years. However, valuations reaching historically high levels made many investors question the sustainability of such growth.

Subscribe to enjoy similar stories. MUMBAI : Automobile and ancillary sectors remain caught in the FII-selling storm that has been ravaging Indian stock markets for over six months. Foreign Institutional Investors (FIIs) continued selling automobile and auto component stocks for the seventh month in February by offloading shares worth $454 million.

Later, while interacting with reporters, she said, «My plea was that the time of 'jumma namaaz' cannot be deferred. So, let there be a two-hour break, from noon to 2 pm, during which Hindus shall avoid places in the vicinity of mosques.» «This would enable people from both faiths to carry out their respective practices without any hassles. We understand that Holi comes only once in a year. But we also need to keep in mind that for Muslims, it is the holy month of Ramzan,» the mayor added. Her remarks drew an angry response from Hari Bhushan Thakur Bachaul, a BJP MLA from the adjoining district of Madhubani, who was recently in news for asking Muslims to «stay indoors» if they had a problem with Holi. Talking to reporters on the state assembly premises, he said, «Where are the self-proclaimed secularists who were attacking me? The mayor of Darbhanga has virtually called for 'Ghazwa-e-Hind', to convert India into an Islamic caliphate.»

Gross Domestic Product (GDP) growth is projected to exceed 6.5% in the fiscal year ending March 2026, said Moody’s Ratings in its latest Banking System Outlook – India report, released on Wednesday. The agency attributed this growth to increased government capital expenditure, tax cuts, and interest rate reductions. Moody’s report highlighted that India’s economy is set to recover from a cyclical slowdown. The Union Budget 2025-26, presented by Finance Minister Nirmala Sitharaman, introduced significant tax relief under the new tax regime, exempting income up to Rs 12 lakh from taxation. The measures are expected to boost consumption and contribute to overall economic expansion. “India’s economic growth will pick up from a cyclical slowdown,” the report noted. Government spending and monetary easing are anticipated to support GDP growth, with Moody’s forecasting real GDP expansion of over 6.5% in FY26, up from 6.3% in FY25. The finance ministry’s Economic Survey has projected GDP growth in the 6.3%-6.8% range for the next fiscal, while official estimates indicate 6.5% growth for the current year.

Reserve Bank of India (RBI) has asked the IndusInd Bank board to propose names of two external candidates for the positions of Chief Executive Officer and Chief Operating officer, according to sources familiar with the matter. This development comes after the banking regulator last week approved a one-year extension for Sumant Kathpalia’s reappointment as CEO. Kathpalia’s term, originally set to end on March 24, 2025, will now conclude on March 23, 2026. RBI & IndusInd Bank did not respond to an email query seeking clarification.

«If we do make a higher low than the low that we made last time and then manage to move up from there, that would be a very-very positive sign for the overall market,» says Rohit Srivastava, Founder, Strike Money Analytics & Indiacharts. Yes, we just tend to get happy too soon, too quick when you look at the markets, a mild bit of rebound, and you are really pretty enthused and kicked about it thinking that maybe things are actually turning for better. Once again, a down day now. Rohit Srivastava: I do think things are turning for better. If you look at the last two-three days of price action in India and across Asia, what you will really witness is that most of the markets are resilient in the face of US-based news flow and volatility, which is partly because a lot of the selling in India and Asia was already going on since the month of October. In some parts of the world, even since June and July. So, many of the markets had already corrected. The US stock market is the last one to correct. Whatever the reasons may be, but if we just put it in the broader light of what has been happening, if there was a correction overdue in the world, it happened in other world markets first and it is happening in the US last and so that is why you are not seeing such a big impact of the US volatility now.

DY Patil Stadium will host ‘Legends Faceoff’, featuring former stars from Real Madrid and Barcelona. Among the names confirmed for the match are Luís Figo, Carles Puyol, Fernando Morientes, and Ricardo Quaresma. Figo, who won the Ballon d’Or in 2000, played for both clubs, securing multiple La Liga titles and the 2002 Champions League with Real Madrid. Puyol, a defensive stalwart, led Barcelona to six La Liga and three Champions League trophies, in addition to winning the 2010 World Cup and Euro 2008 with Spain. Morientes played a key role in Real Madrid’s success, winning three Champions League titles and representing Spain in two World Cups. Quaresma, a former Barcelona winger, was part of Portugal’s Euro 2016-winning squad and enjoyed domestic success in Portugal and Turkey. The players expressed their excitement ahead of the match. Figo said, “India, I know you love football, and I can’t wait to bring the magic to Mumbai. Let’s make this an unforgettable night!” Puyol shared similar enthusiasm, stating, “India, I’ve seen your passion for football from afar—now it’s time to witness it up close.” Morientes and Quaresma also looked forward to the event, with Morientes keen to “experience India’s football madness” and Quaresma eager to “finally experience” the energy of Indian fans.

Narendra Modi on Wednesday announced an ambitious vision for the overall growth and development of the Global South. Modi said the "MAHASAGAR" or "Mutual and Holistic Advancement for Security and Growth Across Regions" will bring growth security.

Air India has expanded its Premium Economy Class offering, by doubling of premium seat sales over the past three years. Now, the airline has introduced Premium Economy fares starting at just Rs 599 more than Standard Economy fares on domestic flights for a limited time, offering an affordable upgrade with pricing that varies by route and demand.

The initiative is part of a broader effort to boost economic growth, improve infrastructure, and ensure lasting peace in a region that has long grappled with insurgency and underdevelopment.

Subscribe to enjoy similar stories. In the last year, I noticed a pattern in the stories that people were telling about their stock picks—and in bull markets, everyone has a story. Most stories were about companies supplying either goods or services to a government or a quasi-government entity, maybe for highways, railways, power, defence or something of that kind.

Subscribe to enjoy similar stories. The theme of this year’s World Sleep Day, observed on 14 March, is Make Sleep Health A Priority, which is often easier said than done. Anxiety often fuels insomnia, and this inability to fall asleep in turn stirs up more stress.

This surge in investment reflects growing confidence in the sector, supported by infrastructure advancements, policy reforms, and a steady economic outlook. The sector is set to witness a massive capital investment of Rs 62,328 crore for the development of land parcels acquired by property developers in the last one year, showed a JLL India study.

JioStar is gearing up for the Indian Premier League (IPL) 2025 with a roster of 20 sponsors, including My11Circle, Campa Energy, Birla Opus, PokerBaazi, SBI, PhonePe, Mutual Funds Sahi Hai, Thums Up, Google Search, Allen Solly, Jaquar Bath + Light, GPay, Kent Kuhl Fans, Dream11, Campa, Joy Cosmetics, TVS, Asian Paints, Zupee, and Amul. With IPL’s reach and influence, these brands across categories such as Beverages, ACs and fans, BFSI, Fintech, Fantasy Sports, Mobile Phone Handsets, and Paints are set to maximise visibility and forge connections with cricket fans across the country, the company said in a statement. Ishan Chatterjee, Chief Business Officer, Sports Revenue, SMB & Creator, JioStar, said, “IPL is more than a sporting event — it’s a juggernaut that brings fans and brands together at an unprecedented scale. As we gear up for the 2025 season, we are excited to welcome our sponsors to our platforms that deliver scale, impact, and consumer engagement. With ad innovations and synergy between TV and digital, we remain committed to delivering impact and value for our partners while elevating the fan experience.”

employee benefits to address evolving workforce needs and attract talent amid a changing employment landscape. Organisations are now focusing on flexible health insurance, mental health support, and diversity, equity, and inclusion (DEI) measures, according to The Future of Benefits 2024 report by Mercer Marsh Benefits. The report, accessed by TOI's Rupali Mukherjee, highlights a 300% rise in companies offering flexible health insurance over the past five years. These plans now include coverage for parents, siblings, wellness programs, and financial planning tools. The study analysed data from over 10,000 policies and more than 600 benefit evaluations across 14 industries. Employees are increasingly seeking more control over their benefits, driving demand for customisable insurance and wellness schemes. The banking, financial services, and insurance (BFSI) sector offers the highest sum insured, followed by pharmaceutical and IT/ITES/e-commerce industries. Notably, 73% of IT/ITES/e-commerce firms offer insurance covering employees, spouses, children, and parents/in-laws by default, compared to 64% in pharma and 54% in manufacturing, the report noted.

Gautam Gambhir is set to accompany the India 'A' team on their tour of England ahead of the senior team's five-Test series starting June 20, TOI's Arani Basu has reported. This comes in the backdrop of Gambhir's aim to closely assess the reserve player pool during a period devoid of international fixtures for the Indian team. With the Board of Control for Cricket in India (BCCI) currently lacking a designated coach for developmental teams, it remains to be seen whether Gambhir will serve solely as an observer or if VVS Laxman, the BCCI's Head Cricket, will take on a more hands-on role. This marks a significant shift as it will be the first instance of a senior team coach traveling with the India 'A' squad. Sources revealed that Gambhir has been actively developing a roadmap that spans across formats, focusing on preparation for the 2027 ODI World Cup, as well as the World Test Championship and the 2026 T20 World Cup. «Gambhir has been in discussions with the BCCI since he returned from Australia. He has expressed his desire to travel with the India 'A' team to get a clearer view of the reserve pool,» a BCCI source told TOI.

Subscribe to enjoy similar stories. Most Indian parents dream of sending their child to top-tier institutions like IIT or ISB, but few plan for the staggering costs. When the admission letter arrives, panic often follows.

Subscribe to enjoy similar stories. Penny stocks are shares of listed companies with a lower market capitalization. These stocks usually have low share prices, typically under ₹100 and often below ₹50.

Kaynes Technology India cracked 9.6% to their intraday low of Rs 3,893.85 on the BSE on Wednesday, March 12, after the Securities and Exchange Board of India (SEBI) issued a show-cause notice to the company’s Managing Director Ramesh Kunhikannan, over alleged violations related to insider trading regulations. An official disclosure by SEBI, dated March 10, 2025, cites concerns regarding the maintenance of a Structured Digital Database (SDD) for financial results for the period ended March 31, 2023. The alleged violations are linked to the Prohibition of Insider Trading (PIT) Regulations, 2015, which govern the handling of sensitive financial data to prevent unfair trading practices.

Guns N' Roses will return to India after 13 years for a live concert in Mumbai. The American rock band, featuring Axl Rose (vocals, piano), Duff McKagan (bass), and Slash (lead guitar), will perform at Mahalaxmi Race Course on May 17, as part of their Asia tour. The announcement was made through their social media, where they wrote, “We’re coming to India! This is going to be special.”

Jaiprakash Power Ventures Ltd.(up 4.26%), NTPC Green Energy Ltd.(up 3.02%), Energy Development Company Ltd.(up 2.29%), Jyoti Structures Ltd.(up 2.08%), KEC International Ltd.(up 1.64%), India Power Corporation Ltd.(up 1.59%), NLC India Ltd.(up 1.43%), Tata Power Company Ltd.(up 1.23%), Kalpataru Projects International Ltd.(up 1.22%) and Karma Energy Ltd.(up 0.99%) were among the top gainers.