India Financial News

Credit growth continued to outpace deposit growth even as both have slowed over previous years according to the latest data released by the Reserve Bank of India. Outstanding bank deposits amounted to Rs222 lakh crore as of February 21, up 10.3% year-on-year compared to 13.1% in the same period a year ago according to the latest weekly statistical supplement released by the central bank. Outstanding bank credit on the other hand amounted to Rs 179.9 lakh crore as of February 21, up 11% y-o-y compared to 20.5% growth in the same period a year ago.

Subscribe to enjoy similar stories. US President Donald Trump has been relentless in his pursuit of a tariff overhaul ever since assuming office in January. After making Mexico, China, and Canada his first victims (even though he paused some of the moves for a limited time), and threatening 25% tariffs on all steel and aluminium imports, he then announced his intention to introduce reciprocal tariffs on US’s imports from other countries, including India.

Subscribe to enjoy similar stories. Learning to disagree, and working with customers and employees who have polarized views are lessons that will prepare graduates from the Kellogg School of Management for the real world. Francesca Cornelli, dean of Kellogg School of Management, told Mint that while attraction towards a master's in business administration (MBA) has not dwindled, what is taught in the classroom has changed to keep pace with the global environment.

Oil prices extended gains on Friday, rising more than $1 a barrel, after Russia's Deputy Prime Minister Alexander Novak said OPEC+ may reverse its oil output hike after April if needed. Novak told reporters that the producer group will go ahead with the April increase, but after that it may consider other steps.

Thandel is a 2025 Telugu-language romantic action thriller, crafted by writer-director Chandoo Mondeti. Starring Naga Chaitanya and Sai Pallavi, the film draws inspiration from a real-life 2018 incident, where a fisherman from Srikakulam was captured by Pakistani forces in international waters. Blending intense action with emotional depth, Thandel delivers a gripping narrative that intertwines patriotism, love, and survival. Originally slated for a Sankranthi 2025 release, the film was postponed before hitting theatres on 7 February 2025. Despite receiving mixed reviews from critics, Thandel struck a chord with audiences, raking in over ₹100 crores worldwide. It currently stands as the fourth highest-grossing Telugu film of the year and the eighth highest-grossing Indian film of 2025. Now, Thandel is available for streaming on Netflix. You can watch it for free by subscribing to the OTT platform.

United States to complete the necessary formalities for the extradition of Tahawwur Rana, Ministry of External Affairs spokesperson Randhir Jaiswal said on Friday. Speaking at the weekly briefing, Jaiswal stated, you would have seen President Trump's comments regarding the extradition of Rana. The Joint Statement also reflects this sentiment. We are working closely with the US Government to complete the necessary formalities to allow for his extradition to India." Earlier on Thursday (local time), the US Supreme Court rejected the plea of the 26/11 Mumbai attack accused, Tahawwur Rana, seeking a stay on his extradition to India.

Shares of Kotak Mahindra Bank Ltd.(up 0.72 per cent), Axis Bank Ltd.(up 0.35 per cent), Punjab National Bank(up 0.2 per cent) and State Bank of India(up 0.1 per cent) ended the day as top gainers in the pack.

Electors Photo Identity Cards (EPIC) numbers, the Election Commission of India announced on Friday that it will resolve the issue in the next three months. After detailed discussions within its technical teams and consultations with Chief Electoral Officers (CEOs) across the country, the ECI said that it has committed to ensuring that each elector has a unique national EPIC number. «The Commission has now decided to resolve this long pending issue after detailed discussions within the technical teams and concerned CEOs in the next three months by ensuring a unique national EPIC number to the existing electors having a duplicate EPIC number and for future electors as well,» it said in the statement.

stocks rallied as much as 15% in Mumbai trading on Friday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, AVI Polymers Ltd.(20.00%), Bengal Tea & Fabrics(19.99%), KLK Electrical(19.99%), Hemo Organic(19.97%), Somi Conveyor(19.79%), Spenta Intnl(18.11%), Futuristic Sol(16.48%), Laxmi Dental(16.43%), Ashnisha Industries(15.92%) and Capital Trust(15.59%).

After years of setting up legal headquarters abroad, Indian startups are increasingly shifting their domicile back to India. Companies such as Razorpay, Udaan, Pine Labs, and Meesho are reversing their earlier decisions, while Zepto has already completed the transition. The trend, known as “reverse flipping,” is being driven by improved IPO prospects, easier compliance, and India's strong economic growth. The shift is not straightforward, with companies requiring multiple legal and regulatory approvals and paying significant taxes. However, India’s maturing capital market is providing a compelling reason for startups to return. Alok Bathija, Partner at Accel, said that while a software firm with $50-$60 million in revenue can now list in India, a similar listing in the US would require nearly $500 million in revenue. With Indian markets offering higher valuations and greater accessibility, more startups are choosing to relocate.

Reserve Bank of India on Friday.

Bohra Industries Ltd.(up 4.98%), Zuari Agro Chemicals Ltd.(up 4.22%), Aries Agro Ltd.(up 3.82%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 3.46%), Agro Phos India Ltd.(up 2.55%), Madras Fertilizers Ltd.(up 1.66%), Paradeep Phosphates Ltd.(up 1.58%), Gujarat State Fertilizer & Chemicals Ltd.(up 1.53%), Coromandel International Ltd.(up 1.37%) and Rama Phosphates Ltd.(up 1.26%) stood among the top gainers.

Narendra Modi on Friday sounded alarm over the increasing cases of obesity in India and urged citizens to cut down on their cooking oil consumption to tackle the crisis. Quoting a report by the Lancet journal, Modi said that 44 crore Indians were at the risk of getting obese and called it a 'dangerous' prediction. «A report says by 2050, 44 crore Indians will be obese, which is dangerous,» said PM Modi.

fake busy.” “In India, being busy is a status symbol. But let’s be real—most people are just performing productivity,” he wrote. The problems that are ailing Indian workplaces, argued Gupta, are as follows:

Donald Trump's push to boost American production and exports, ToI reported. However, across-the-board duty reductions may not necessarily translate into higher US shipments to India, as companies are likely to source goods from more competitive markets like China or Southeast Asia. Despite the tariff debates, American brands such as Harley-Davidson and Tesla do not currently manufacture vehicles in the US for export to India. Harley-Davidson, a brand often associated with US presidents, imports its motorcycles from Thailand, while Tesla—on the verge of entering the Indian market—plans to ship its electric vehicles from Germany after Indian authorities discouraged imports from China. Locational advantages, lower freight costs, and economies of scale make it more profitable for companies to manufacture in other countries rather than the US. Many firms also take advantage of India's free trade agreements to ship goods at zero duty.

Donald Trump’s frenzied tariff barrage has been marked by reversals and faulty rollouts, baffling US trading partners and businesses while raising questions about the aims of his signature policy. During his six weeks in office, Trump imposed sweeping Canada and Mexico tariffs, only to pull back with exemptions and deferrals. Confusion has surrounded new import taxes on China. An ambitious proposal to charge duties on previously exempt low-cost packages had to be hastily reversed when it became clear the government lacked the ability to actually collect them. Trump has said tariffs can help achieve his most ambitious goals, from remaking the US economy to raising trillions in revenue. But several hasty announcements have injected chaos into the economy and financial markets, casting doubts about the White House’s trade strategy.

Magadh Sugar & Energy Ltd.(up 3.94%), Rana Sugars Ltd.(up 3.68%), Mawana Sugars Ltd.(up 3.18%), Rajshree Sugars & Chemicals Ltd.(up 2.85%), Avadh Sugar & Energy Ltd.(up 2.75%), Vishwaraj Sugar Industries Ltd.(up 2.24%), Sakthi Sugars Ltd.(up 2.20%), Triveni Engineering & Industries Ltd.(up 2.19%), Kothari Sugars & Chemicals Ltd.(up 2.00%) and Dalmia Bharat Sugar and Industries Ltd.(up 1.75%) stood among the top gainers.

NLB Services said in a report. Currently, women comprise just a fourth of India's 2,20,000-strong chip design and engineering workforce, but this figure is expected to surpass 30 per cent by 2027, said NLB Services. Despite this, men continue to dominate key semiconductor roles, it added.

Subscribe to enjoy similar stories. It is 9.30pm, and there is a patient, gregarious crowd outside the newly opened LICK (Lavonne Ice Cream Kitchen) in Bengaluru’s Indiranagar. Inside, the energy is almost nightclub-like, with peppy music, neon lights, and servers bustling about scooping ice-cream into shiny golden cups and arranging elaborate sundaes.

Subscribe to enjoy similar stories. Adani Wilmar Ltd (AWL) is doubling down on branded foods with its ₹600 crore acquisition of G.D. Foods Manufacturing (India) Pvt.

Subscribe to enjoy similar stories. For the world’s carmakers, the inexorable rise of Chinese electric vehicle-maker BYD and its local rivals in recent years has been a brutal lesson in disruptive innovation. China, a market that was once core to their global growth plans, has become a wasteland for their petrol-powered lineups as electric vehicles (EVs) grew from 6.2% of sales in 2020 to 45% last year.