India Financial News

Subscribe to enjoy similar stories. Artificial intelligence (AI) is a key emerging theme that promises to reshape the future. And US-listed Nvidia is undoubtedly the flagbearer of this movement.

Subscribe to enjoy similar stories. The Centre’s India AI Mission, which seeks to bring India up to speed with the US, China and the rest of the world in artificial intelligence (AI), could be pivotal for India to avoid repeating the mistakes it made with semiconductor and mobile phone manufacturing, industry veterans told Mint.

Supreme Court on Monday sought a report from a Forensic Science Laboratory (FSL) on the authenticity of some audio recordings that point to the alleged role of Manipur chief minister N Biren Singh in the violence between Meitei and Kuki communities in the state.

Bharat Petroleum Corporation Limited (BPCL) has increased its capital spending target for 2025-26 by 42% year-on-year to ₹18,500 crore as it expands its refining and petrochemical capacity.

You have not mentioned your period of stay, but I assume you have become a non-resident Indian and a resident of Portugal as you run a business there. I also assume you do not spend more than the specified threshold period (120 days/182 days) on your visits to India, and therefore do not become a resident under Indian income tax law. Assuming you are liable to pay tax in Portugal as a resident, you qualify as a tax resident of Portugal under the India-Portugal Double Taxation Avoidance Agreement (DTAA).

Bill Winters, chief executive officer of Standard Chartered Plc, will visit India this week as the London-based lender seeks to bolster its presence in the South Asian country.

HFCL Monday reported an 11.95% year-on-year fall in its consolidated profit after tax (PAT) to Rs 72.58 crore in Q3FY25. The company had posted a consolidated PAT of Rs 82.43 crore in the corresponding quarter of the previous fiscal year (Q3FY24). HFCL’s consolidated revenue fell by 1.97% on-year to Rs 1,011.95 crore in the reporting quarter, compared to Rs 1,032.31 crore in Q3FY24. The consolidated revenue, however, declined strongly at 7.47% on-quarter.

Subscribe to enjoy similar stories. Ramping up his efforts to be allowed a shot at bidding for embattled conglomerate Religare Enterprises, India-born US investor Digvijay ‘Danny’ Gaekwad has sought a “special exemption" under the country’s takeover code from India’s markets regulator.

Divi's Laboratories on Monday reported a 66% year-on-year (YoY) jump in net profit to Rs 594 crore for the quarter ended December 31, 2024 led by growth in custom synthesis and stable generics business. The company reported net profit of Rs 358 crore in the corresponding quarter of the previous year.

Subscribe to enjoy similar stories. India is charting an ambitious course toward its vision of a $30-trillion economy by 2047. To realize this, India must sustain double-digit growth over the next two decades.

In the governmentbanking sector of India, Bank PO (Probationary Officer) and Bank Clerk are thetwo most coveted positions. While they fall under the same banking umbrella,they do differ significantly in terms of responsibilities, scope, pay structure,and selection process. Each year thousands of applicants apply for these twopositions but the decision to choose one over other relies heavily on one’s personalpreferences and skill set. That said, to help you make an informed call, here’sa clear picture of the two, detailing the differences and what each roleentails.

Subscribe to enjoy similar stories. Nestlé, the world's largest coffee company, is considering launching Starbucks-branded coffee for at-home consumption in India. This move would be part of its 2018 alliance with Starbucks, which granted Nestlé the rights to package and sell Starbucks' speciality roasts and instant mixes outside of coffee shops.

Subscribe to enjoy similar stories. India’s budget for 2025-26 demonstrates a careful balance between an unwavering focus on macroeconomic stability by continuing on a path of fiscal prudence and addressing growth concerns. It comes after a strong fiscal performance in 2024-25, when the government managed to outperform its fiscal targets, achieving a deficit of 4.8% of GDP against the budgeted 4.9%, primarily through reduced capital expenditure.

legal heir certificates as these offer authenticity to heirs for the purpose of passing on the deceased’s assets. Here’s how these certificates differ in terms of purpose and scope, as well as the process for obtaining these.

Donald Trump waging a tariff war on Canada, Mexico and China sent a chill into global markets as major European and Asian indices, including India's headline indices, reeled under selling pressure on Monday. Banks, energy and FMCG stocks fell most even as the IT sector tried to salvage some pride. Meanwhile, Saturday’s Budget announcements or rather the lack of them for capex-intensive sectors soured the D-Street sentiments. While the 30-stock S&P BSE Sensex finished at 77,186.74, declining by 319.22 points or 0.41%, the broader Nifty fell by 31.75 points or 0.52% to close at 23,361.05. Commenting on the day's action, Dr. Praveen Dwarakanath, Vice President of Hedged.in, highlighted that Nifty exhibited strength taking support from the middle of the Bollinger band after a sudden fall during the day.

Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The company had earlier filed its IPO papers with Sebi on September 27, 2021. The IPO, with a face value of Rs 2, is a mix of fresh issue of shares up to Rs 185 crore and an offer-for-sale up to 13 million equity shares by Promoter and Other Selling Shareholders.

Air India Training Academy in Gurugram.

Emerging crypto asset classes like utility tokens, security tokens, crypto derivatives such as futures and options would be caught in the tax net with the budget broadening the definition of virtual digital assets (VDAs).