India Financial News

Subscribe to enjoy similar stories. Budget 2025 lays out a transformative roadmap for India’s economic progress, striking a fine balance between fiscal prudence and growth-driven reforms. With a strong focus on empowering the middle class, accelerating retail consumption, and bridging the urban-rural divide, this budget reaffirms the government’s commitment to inclusive and sustainable development.

Subscribe to enjoy similar stories. Theatre practitioners in India are using food in their performances to challenge existing oppressive structural injustices, such as casteism and patriarchy. In these food theatre pieces, playwrights weave together personal narratives and political messaging interspersed or bookended with a shared communal meal.

Subscribe to enjoy similar stories. For much of her childhood, Christine Argillet’s family spent summers in Spain with the artist Salvador Dali. He used to affectionately call her “the little infante".

Jyoti Structures Ltd.(up 9.97%), KPI Green Energy Ltd.(up 5.00%) and Ravindra Energy Ltd.(up 0.23%) stood among the top gainers.

The company is aiming to raise Rs 14.60 crore via a fresh issue of 29.19 lakh shares.

CreditAccess Grameen has raised $50 million from International Finance Corporation (IFC) under the external commercial borrowing route.

Oriental Trimex Ltd.(up 1.52%) stood among the top gainers.

Kempegowda International Airport (KIA) has announced revised airspace closure timings from February 5 to 14 due to the Aero India Show 2025. The airport has advised passengers to check with their airlines for updated flight schedules.

Subscribe to enjoy similar stories. MUMBAI : New products, innovations, and technological advancements in the banking sector have heightened the need for stronger customer protection measures, particularly in the light of emerging threats and malpractices, said the Reserve Bank of India’s (RBI) 2023-24 annual report for the Integrated Ombudsman Scheme. The scheme, launched in November 2021, covers commercial banks, regional rural banks, primary (urban) cooperative banks, non-banking financial companies (NBFCs) that are authorized to accept deposits or have assets of more than ₹100 crore, payment system participants, and credit information companies.

Subscribe to enjoy similar stories. The government has just presented the first full-year budget of its third term, marking a significant milestone in its economic agenda. This budget stands out for a deft tightrope walk, navigating the complex challenges posed by an uncertain global environment while ensuring that India’s growth remains strong.

Subscribe to enjoy similar stories. NEW DELHI : Finance and revenue secretary Tuhin Kanta Pandey emphasized on Monday that the Indian rupee remains a free-floating currency and the government is not alarmed by exchange rate fluctuations, which are driven by cross-border capital flows. This comes as the rupee tumbled to a record low of 87.29 against the US dollar, dropping 67 paise in early trade, following fresh tariffs imposed by US president Donald Trump, sparking fears of a broader trade war.

Subscribe to enjoy similar stories. NEW DELHI : The central government will maintain its focus on capital expenditure in the final quarter of 2024-25, and the year ahead, despite a dip in the first half of the year, expenditure secretary Manoj Govil said on Monday.

The Budget’s focus on sectors like agriculture, MSMEs, infrastructure, and social inclusion presents a tremendous opportunity to strengthen the nation’s financial fabric and deepen the role of insurance.

«So, we will keep on seeing such liquidity measures continue because in our opinion the tariff war is not temporary, that is the reason why I said Trump one and Trump two are very different,» says Anindya Banerjee, Kotak Securities. This further weakness in the rupee and touching its all-time low levels for today, how do you see this and what is next for rupee actually? Help us understand your analysis because in the last few quarters we are seeing a lot of intervention from the RBI as well. So, where do you see rupee headed and stabilising as well? Anindya Banerjee: See, the Indian rupee is now subjected to what is happening to almost all Asian currencies, almost all currencies against the US dollar. Because after Trump announced the high tariffs on Canada and Mexico also, he slapped fresh tariffs on China.

NEW DELHI: Mumbai-based Yateen Kahate applied for Axis Bank's Magnus credit card in July 2023. Two months later, the bank revised the terms and conditions, raising the fee waiver threshold from ₹15 lakh to ₹25 lakh. Kahate was exempt from the revision for one year as the changes applied to cards issued after September 2023.

Subscribe to enjoy similar stories. NEW DELHI : The Centre has introduced a major simplification to customs procedures through an amendment in the Finance Bill 2025, aimed at enhancing ease of doing business for importers and exporters. The reform allows businesses to voluntarily revise customs declarations after clearance—either to pay additional duty or claim refunds—without undergoing time-consuming appeal processes.

Imagine getting a salary bump, only to find that your tax bill eats up most—if not all—of your raise. While the new tax regime in Budget 2025 promises no tax on incomes up to ₹12 lakh, it doesn’t necessarily mean that earning a little more is always beneficial. Thankfully, marginal relief has your back, ensuring that small increases in income don’t result in a huge spike in tax outgo.

On the BSE, Sai Swami Metals and(down 18.81 per cent), Ceejay Finance(down 14.58 per cent), Looks Health Services(down 11.37 per cent), Aadi Industries Ltd.(down 10.62 per cent) and Ind-Agiv Comm(down 10.00 per cent) were among the stocks that plunged over 5 per cent during the session.

Benchmark NSE Nifty index fell 162.61 points to 23319.55 amid selling in frontline bluechip stocks.

Union Budget 2025 has unveiled measures aimed at bolstering infrastructure financing and maintaining fiscal prudence, which is expected to have a significant impact on the Indian bond market. A key highlight is the government's continued emphasis on enhancing credit access for the infrastructure sector through the National Bank for Financing Infrastructure and Development (NaBFID).