India Financial News

Subscribe to enjoy similar stories. Last week’s monetary policy meeting has several firsts to its credit: It was the first of 2025, the first under a new governor of the Reserve Bank of India (RBI), the first since Donald Trump became US president, and the first in five years to cut the repo rate. The policy pivot was widely expected: Recent off-policy measures to infuse liquidity already signalled a high chance of the same.

Parag Parikh Flexi Cap Fund, the largest flexi-cap mutual fund based on assets under management, has added around 31.28 lakh shares of HDFC Bank to its portfolio, making it 8.11% of the total assets, with a total of 4.28 crore shares as of January 31, 2025.

Budget 2025-26, announced by Finance Minister Nirmala Sitharaman on February 1, 2025, introduced a host of measures aimed at supporting India Inc., with an emphasis on tax reforms, export promotion, and ease of doing business being paramount. A revision in MSME classification, steps to boost India’s share in global trade, and improving the regulatory landscape got notable mentions, among other key highlights.

Punjab's Amritsar received the heartbreaking news on Sunday that their 33-year-old son had died in the forests of Guatemala while attempting to cross the perilous 'donkey route' to reach the US.

Ranveer Allahbadia, widely recognized for his YouTube channel BeerBiceps, recently participated as a panelist on comedian Samay Raina’s provocative web show India’s Got Latent. However, his efforts to align with the show’s edgy and dark humor did not sit well with online audiences.

One97 Communications Limited (OCL), which owns the brand Paytm, has partnered with digital travel platform Agoda to offer hotel booking services on the Paytm app.

Stocks that rallied over 10% included, Pasupati Spinning (14.30%), IVP Ltd(12.01%), Vama Industries(11.80%), Dhunseri Petrochem (10.39%) and Hexa Tradex(10.00%).

«In those days, when Sunil Gavaskar used to get out, the hopes on rest of the batsmen was very-very low. Today, barring India, most other countries in emerging market like Russia, China, Brazil, South Africa, have not delivered return to investors. Over 20-year period, emerging markets underperformed developed markets,» says Nilesh Shah, MD, Kotak AMC. Exactly a month ago, this market had a lot of event risk, budget, Trump and tariffs, then there was RBI, MPC, and then Delhi elections. Thankfully for us, we have come on the right side of all the individual events. So, if events were making markets nervous and if the events are behind us and we have been on the right side of the event, then do you think it is a matter of time markets will stabilise? Nilesh Shah: So, in our opinion, while there are certain events which are behind us, there are few things which will keep market on the volatile side. One, we are in a world which is increasingly becoming protectionist from globalised, with Trump administration launching newer and newer initiatives for America first, there will be concerns on geopolitical side.

The NSE Nifty index was trading 170.41 points down at 23389.55, while BSE Sensex was down 543.52 points at 77316.67 at the time of writing this report.

J B Chemicals & Pharmaceuticals Ltd.(up 0.34 per cent) were among the top gainers.

Domestic benchmark index NSE Nifty fell 173.91 points to 23386.05, while the BSE Sensex traded 557.08 points down at 77303.11.

The 4G expansion in India is set to get a big boost. The government has decided to strengthen the public sector companies- Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) by approving an additional Rs 6,000 crore for scaling their 4G expansion projects in India, according to a MoneyControl report.  

Gowra Leasing(up 19.99%) were among the stocks that surged over 15%.

On the BSE, NGL Fine Chem(down 20.00 per cent), Super Tex Ind(down 19.95 per cent), Jainco Projects(down 19.23 per cent), Banco Products(down 18.20 per cent) and Excel Ind(down 16.58 per cent) were among the stocks that plunged over 5 per cent during the session.

Tasty Bite Eatables Ltd.(up 4.88%), Britannia Industries Ltd.(up 2.56%), JHS Svendgaard Laboratories Ltd.(up 2.50%), Hindustan Foods Ltd.(up 2.44%), Tata Consumer Products Ltd.(up 1.30%), Euro India Fresh Foods Ltd.(up 1.20%), Hindustan Unilever Ltd.(up 1.19%), Dabur India Ltd.(up 0.97%), Gopal Snacks Ltd.(up 0.70%) and Nestle India Ltd.(up 0.41%) were among the top gainers.

Defence Minister Rajnath Singh on Monday said that Aero India 2025, that kick-off in Bengaluru's Yelhanka Air Force base this morning, is similar to the Maha Kumbh mela, as it showcases the strength and resilience of Indian soil in a world of uncertainties.

Aero India 2025, Union Defence Minister Rajnath Singh held bilateral meetings with Minister for Defence and Veteran Affairs, Republic of Fiji Pio Tikoduadua and Minister of Defence and Veteran Affairs, South Sudan Lt Gen Chol Thon J Balok in Bengaluru.

Bengaluru Aero India 2025 show is taking place from February 10 to 14 at the Yelahanka Air Force Station in Bengaluru. It is Asia's premier aerospace and defense exhibition, and is held biennially. The event will showcase advancements in military aviation, aerospace technology, and defense systems. Along with the show, traffic changes are coming to Bengaluru for Aero India 2025, scheduled for February 10-14 at Yelahanka Air Force Base. The city traffic police issued an advisory to help travelers navigate expected congestion.

Ola Electric Mobility fell as much as 3.44% on Monday to a day’s low of Rs 67.61 on the BSE after reporting a widening of its losses YoY to Rs 564 crore for the third quarter ended December 2024. With today’s fall, the stock has tumbled by 6% in the last 2 trading sessions.

Wipro Ltd.(up 0.26 per cent) were among the top gainers.