India Financial News

Here are this year’s winners who exemplify extraordinary leadership, innovation, and contribution: Reformer of the Year: Ashwini Vaishnaw, Minister of Railways, Electronics & Information Technology and Information & Broadcasting Ashwini Vaishnaw, a Wharton Business School alumnus and former IAS officer, has driven India's transformation into a manufacturing hub. Under his leadership, Indian Railways is undergoing a historic modernization push with significant capital expenditure. From encouraging local production of mobile phones and IT hardware to upgrading rolling stock for railways, his vision creates a conducive environment for public and private investment. Business Leader of the Year: Kumar Mangalam Birla, Chairman, Aditya Birla Group Under Kumar Mangalam Birla's visionary leadership, the Aditya Birla Group has reached remarkable milestones, surpassing $100 billion in market capitalisation. The group expanded its footprint across cement, paints, and branded jewellery while strengthening its core sectors. Known for his focus on scale and innovation, Birla’s legacy as a transformative business leader continues to thrive.

The new Panigale V4 comes with a series of updates, including changes to its design, electronics, and chassis to enhance performance, handling, and overall rider experience. Following its international debut last year, this superbike is now available for Indian enthusiasts eager to get their hands on Ducati's flagship offering.

Subscribe to enjoy similar stories. Coffee can investing, introduced by Robert G. Kirby in 1984, is a long-term strategy inspired by the old practice of storing stock certificates in coffee cans and forgetting about them.

Subscribe to enjoy similar stories. NEW DELHI : As India ramps up efforts to expand its nuclear power capacity, Belgium-headquartered engineering firm John Cockerill is positioning itself to supply key services and equipment for upcoming projects, chief executive Francois Michel said in an interview. The company, which has deep roots in the nuclear sector, is also looking to establish cooling towers for these plants through its subsidiary, John Cockerill Hamon.

A recent report by the Reserve Bank of India (RBI) has sounded the alarm on the rapid rise in bank fraud cases. 

China has signaled plans for a hydropower project in Tibet along one of the region’s main rivers, fanning speculation of a mega-dam that would test its engineering and diplomatic nous. The country will undertake the construction of a dam on the lower reaches of the Yarlung Tsangpo River in Tibet, and a power transmission project from Tibet to the Hong Kong area, the National Development and Reform Commission said in its annual report to the National People’s Congress on Wednesday. The Yarlung Tsangpo has long been mooted as a site for a mega-dam. In 2020, a state media report cited the head of government-owned Power Construction Corp. of China as saying the lower reaches of the river had a huge gorge with potential for 70 gigawatts of electricity generating capacity — more than triple that of the Three Gorges Dam, the largest in the world.

Donald Trump has set April 2 as the date for implementing reciprocal tariffs on a range of imports from several major trading partners. The tariffs, he said, are a response to what he considers unfair trade practices by countries like Canada, Mexico, China, the European Union, and India. This move is part of Trump’s broader agenda to reshape U.S. trade policies and create a more balanced global trading environment.

domestic violence and women can be the perpetrators. There are no existing laws that protect men under the purview of domestic violence. Recognising that a person is being abused is extremely difficult, as a lot of domestic abuse takes place behind closed doors. The four main reasons for the underreporting of domestic violence cases against Indian men are general stereotypes against males, fear of fake cases, societal and family pressure, and denial. The social, cultural, and emotional barriers in society prevent us from recognising the victimisation of men by women.

«What we are looking at, when we said in July 2024, the complacency was high, we were at extreme inflection. Maybe September, October when India liquidity peaked out, that was the extreme inflection end,» says Sandeep Tandon, CIO, Quant MF. So, let us come back to India since you said that the time has come to nibble in right now. Purely at an index level and since you do track technicals as well, we have hit the lowest RSI since March 2020 already, we are at an eight-month low. What is the screen telling you? Do you think we are at the end of the pain at an index level per se? Sandeep Tandon: To be candid with you, I am not a great chartist or technical technician in that sense. I am a good observer and we are predominantly a behaviour house. So, we look at more from an inflection point rather than say looking at the breakout or breakdown because that may not give you a correct perspective or we may not have that ability to read up to that extent.

Glenmark Pharmaceuticals Ltd.(up 3.06 per cent), Aurobindo Pharma Ltd.(up 2.91 per cent), Laurus Labs Ltd.(up 2.0 per cent), Ipca Laboratories Ltd.(up 1.84 per cent) and Lupin Ltd.(up 1.63 per cent) were among the top gainers.

Indian rupee gained on Wednesday on broad-based interbank dollar sales and after the central bank's firm defence of 87.40-87.50 levels in recent sessions helped keep a lid on speculative bets against the currency. The rupee was at 87.1550 against the U.S. dollar as of 10:00 a.m. IST, up 0.1% on the day.

The benchmark 10-year yield was at 6.7401% as of 10:00 a.m. IST, compared with its previous close of 6.7447%. Earlier in the day, it had hit 6.7530%, its highest since January 20.

buy call on EPL with a target price of Rs 270.0. The current market price of EPL is Rs 193.55. EPL, incorporated in 1982, is a Mid Cap company with a market cap of Rs 6182.57 crore, operating in the Packaging sector.

Chowgule Steam(up 19.98%), Kachchh Mineral(up 19.96%), Kreon Financial(up 16.92%), Metal Coatings(up 16.10%) and Nagarjuna Fertilizer(up 15.77%) were among the stocks that surged over 15%.

Benchmark NSE Nifty index rose 153.3 points to 22235.95 amid buying in frontline bluechip stocks.

Nagarjuna Fertilizers and Chemicals Ltd.(up 12.93%), Rama Phosphates Ltd.(up 6.07%), Bohra Industries Ltd.(up 4.98%), Coromandel International Ltd.(up 4.70%), Deepak Fertilisers & Petrochemicals Corporation Ltd.(up 4.51%), Chambal Fertilisers & Chemicals Ltd.(up 4.26%), Mangalore Chemicals & Fertilizers Ltd.(up 3.61%), Sikko Industries Ltd.(up 3.43%), Khaitan Chemicals & Fertilizers Ltd.(up 3.41%) and Gujarat State Fertilizer & Chemicals Ltd.(up 2.84%) were among the top gainers.

«Still, it remains to be seen if that is what it is or this is actually a new world where we basically have everybody having a tariff barrier and the free trade that we have all grown up with becomes less and less,» says Rajeev Agrawal, DoorDarshi India Fund. I guess all of us are hooked on to Trump's address, waiting to hear if he is going to say anything specific on Canada and Mexico tariffs or not. But how do you think this entire tariff tirade is going to really play out because the chatter in the US as well is tariffs are not good for them either. Rajeev Agrawal: So, no, absolutely, tariffs have created a lot of uncertainty in the whole world and how they will play out. Initially, the expectation was that tariffs is a way for negotiation to ensure that US companies get their fair share when they go into other countries.

Jefferies, JPMorgan, and Morgan Stanley have shared their views on Varun Beverages, M&M Financial Services, and Polycab India, respectively, maintaining positive ratings and raising target prices.

Domestic benchmark index NSE Nifty gained 175.35 points to 22258.0, while the BSE Sensex traded 539.23 points up at 73529.16.

Deven Choksey, MD, DRChoksey FinServ Pvt. Ltd, says keep accumulating good quality stocks at the price at which they are currently available and adding to your portfolio. It is better to repent after buying than to regret it thereafter. When the fundamentals of business and the companies remain intact and they are not showing the signs of deterioration, as much as the global turbulence is, in such a situation, gather the confidence and conviction to buy into good quality stocks. Time to buy yet or do you think there could be some more pain in store? Deven Choksey: Yes, it is time to buy. We always tell people that in a falling market like this, you do not buy everything at one go, but you accumulate. So, keep accumulating good quality stocks at a price at which they are currently available and adding to your portfolio.

Nifty50 is down about 7% in 2025 and one would assume that this period was marked by volatility. However, it is not reflected in the India VIX. The fear gauge index, as it is often referred to, fell nearly 6% year-to-date and is hovering 13.83 levels despite a sell-off in the Indian markets. India VIX has an inverse correlation with the markets as the index jumps when equities are falling. This is because a correction is often associated with a sense of panic and fear among investors and is not playing out the way it did historically.