India Financial News

06.02 / 13:09
markets Reuters Digital Strategy Experts PAM International Vedanta aims to raise $1 bln via debt to fund Zambian copper mines
Vedanta Resources VDAN.NS> is trying to raise around $1 billion in debt financing to fund development of its Konkola Copper Mines (KCM) in Zambia, Chris Griffith, head of the company's base metals unit, said.
06.02 / 12:51
markets Provident FIVE trends Diversity innovations International Why AIFs need regulatory innovation for next phase of growth
Subscribe to enjoy similar stories. Alternative investment funds (AIFs) have evolved from niche offerings to become a cornerstone of India's financial ecosystem. With a remarkable compound annual growth rate (CAGR) of 31% over the past five years and commitments reaching ₹12.4 trillion as of September 2024, AIFs are poised to play an increasingly critical role in reshaping India's investment landscape.
06.02 / 12:41
markets Digital Strategy Election PAM Delhi elections: Can BJP still break the 27-year jinx despite playing great hide-and-seek with CM face?
Delhi elections: The BJP has found greater success in India’s Hindi heartland than in the southern states, but the real political dilemma for the party has always been Delhi. Despite winning sweeping victories in Lok Sabha elections over the years, Delhi remains an elusive prize, with the BJP having failed to win a state election here in the last 27 years.
06.02 / 12:41
Remark WhatsApp PM Modi calls out Congress for past economic rhetoric; says image of Hindus was tarnished
Congress during his response to the Rajya Sabha reply on the Motion of Thanks to the President’s Address on Thursday, accusing the party of tarnishing the image of Hindus with its economic policies.
06.02 / 12:41
markets FIVE Strategy Research Cycling PAM New RBI guv Malhotra to announce rate decision on Fri; 25-bps reduction expected
Sanjay Malhotra, who is chairing his first Monetary Policy Committee (MPCC) meeting, will announce the decision of the six-member panel on Friday morning, amid widespread expectations of 25 basis points reduction in interest rate after a gap of nearly five years. The Reserve Bank of India (RBI) had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis following the outbreak of the Covid pandemic and subsequent lockdown.
06.02 / 11:57
markets Analysis Research Trade Experts rights Updates Stock market update: Nifty Realty index falls 2.19%
Shares of Raymond Ltd.(up 1.03 per cent) and DLF Ltd.(up 0.09 per cent) ended the day as top gainers in the pack.
06.02 / 11:57
markets UPS Analysis Trade Experts Updates Stock market update: Nifty Bank index advances 0.08%
Shares of Axis Bank Ltd.(up 0.74 per cent), IDFC First Bank Ltd.(up 0.64 per cent), IndusInd Bank Ltd.(up 0.41 per cent), ICICI Bank Ltd.(up 0.38 per cent) and HDFC Bank Ltd.(up 0.35 per cent) ended the day as top gainers in the pack.
06.02 / 11:57
markets Digital Strategy wellness PAM track Trent to sell stake in Massimo Dutti India venture
Trent said it will sell about 29% stake in its joint venture that runs Massimo Dutti in India for about Rs20.75 crore Spanish retail firm Grupo Massimo Dutti.
06.02 / 11:49
markets Digital Strategy awards Experts PAM Varun Chakravarthy, Trisha in the running for ICC Monthly award
Varun Chakravarthy was on Thursday nominated for the ICC Men's Player of the Month for January following a stellar outing against England in the recent five-match T20I series. Chakravarthy bagged 14 wickets from five matches at an excellent average of 9.85 and at an economy rate of 7.66.
06.02 / 11:49
markets COST UPS Provident Manufacturing economy Tamil Nadu CM inaugurates TP Solar cell and module manufacturing plant in Tirunelveli dt
TP Solar, established at an estimated cost Rs 3,800 crore at Gangaikondan SIPCOT industrial estate in the district was inaugurated by Tamil Nadu Chief Minister M K Stalin on Thursday.
06.02 / 11:03
PINK Celebrity social blues dance Videos International Scottish lovebirds get married Rajasthani style at Bikaner Camel festival. Check viral video
Bikaner Camel Festival in Rajasthan, India. While it might seem unusual for individuals from Scotland to wed following traditional Indian customs, the Bikaner Camel Festival has become a favored matrimonial spot for many international couples eager to immerse themselves in Rajasthan's regal legacy and lively indigenous traditions.
06.02 / 11:03
Analysis Southern Research Trade Experts rights Pharmaceuticals Sensex falls! But these stocks gained over 10% on BSE
These high-performing stocks that rallied more than 10% during the session included, GSK Pharma(13.77%), Danlaw Technologies(12.08%), Vimta Labs(11.92%), Jainco Projects(11.82%), Nandan Denim (11.76%), Asian Tea Exp(11.62%), Bemco Hydraulic(11.54%), VRL Logistics(11.50%), Royale Manor(10.94%) and Diffusion Engineers(10.84%).
06.02 / 11:03
markets Strategy wellness PAM performer cricket Women's Premier League to play a big role in ODI World Cup year, Harmanpreet Kaur says
Women's Premier League (WPL) approaching, India and Mumbai Indians’ captain Harmanpreet Kaur believes the tournament will be crucial in shaping preparations for the ODI World Cup, which India is set to host later this year.
06.02 / 11:03
markets Strategy economy Align Experts PAM International India, UK join hands to shape green hydrogen standards
Bureau of Indian Standards (BIS) hosted a two-day workshop with British counterparts in New Delhi, focusing on standardisation of green hydrogen production and regulations. The initiative, organised in partnership with the British Standards Institution (BSI) and the UK's Foreign, Commonwealth and Development Office (FCDO), marks a crucial step in aligning international standards for the emerging hydrogen economy, an official statement said.
06.02 / 11:03
markets Analysis Research Trade Experts rights Updates Stock market update: Stocks that hit 52-week highs on NSE in today's trade
Benchmark NSE Nifty closed 92.96 points down at 23603.35 amid selling in frontline bluechip counters.
06.02 / 11:03
markets COST Digital Manufacturing Sustainability Trade reports Rise in digital adoption and sustainability measures across MSMEs: SIDBI MSME Outlook Survey
SIDBI) has launched their first ever MSME Outlook Survey, a quarterly analysis of MSME business sentiment for the October-December 2024 period.
06.02 / 10:37
COST Digital Enterprise Coherent Latin recommendations Red-tape relief: Six things India’s regulatory reform committee must do
Subscribe to enjoy similar stories. In 2011, a British bakery was fined for selling metric bread rolls instead of the traditional imperial ones—because, apparently, the greatest threat to public order was a rogue baguette. This kind of regulatory absurdity will not come as a surprise to people in India, and that is exactly why the finance minister’s announcement of a High-Level Committee for Regulatory Reforms (HLC) is a breath of fresh air.
06.02 / 10:37
markets security economy Research Trade Experts reports Budget boost: Tax relief promises consumer spending, but market rally on hold
Subscribe to enjoy similar stories. Can tax relief for the urban middle class spark a consumption revival, and help accelerate an economy that has lately been grappling with a slowdown? The governemnt sure hopes so. In the Union budget presented on 1 February, finance minister Nirmala Sitharaman announced raising the income tax exemption limit to ₹12 lakh from ₹7 lakh, which has been touted by many as a potential game-changer.
06.02 / 10:03
UPS Racing Remark Cycling volunteers Traffic Learning on the job: Pune-based ultra cyclist on how he won the Dunes Ultra race
Subscribe to enjoy similar stories. It’s been a remarkable transformation for Varun Venkit. Until three years ago, he was a regular volunteer at ultra cycling races around the country, marvelling at the efforts of the competing riders.
06.02 / 10:03
UPS Provident Manufacturing wellness Harmonic country Interviews India can be a global hub for wind turbines: Suzlon’s Girish Tanti
Subscribe to enjoy similar stories. NEW DELHI : India has the potential to become the manufacturing hub of wind power components like turbines to cater to global demand, and policy initiatives along the lines of production-linked incentives (PLI) would go a long way in unlocking that potential, said Girish Tanti, vice chairman of Suzlon Energy Ltd. In an interview, Tanti said the National Manufacturing Mission proposed in the Union Budget 2025-26 and the focus on clean tech manufacturing are expected to bring the sector the required support.
06.02 / 10:03
markets MET Art classical Department Interviews The Met’s Indian affair: Iconic New York museum embraces India’s contemporary art boom
Subscribe to enjoy similar stories. New Delhi: New York’s iconic Metropolitan Museum of Art is deepening its ties with India’s booming contemporary art scene to add to its already vast collection of 4,000 pieces of Indian art. Max Hollein, chief executive of the $6 billion institution, recently visited India with an eye on the country’s contemporary art that’s been gaining global attention recently.

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