India Financial News

The rupee ended at 86.xxxx, down from its close at 86.54 in the previous session. The currency hovered between 86.57-86.6250 band on the day.

Epsilon has appointed Pratik Nath the Managing Director of the company’s India operations, the company said in a statement on Thursday.

ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets.

Vodafone has achieved a groundbreaking milestone by making the world’s first video call via satellite using a regular smartphone. The call was placed from a remote location in the Welsh mountains, where there was no network signal, to the company’s CEO, Margherita Della Valle. This innovation marks a major step toward universal digital connectivity, with Vodafone planning to roll out the technology across Europe later this year and in 2026.

Mumbai Metropolitan Region Transport Authority (MMRTA) approved the fare hike on January 23, citing rising vehicle prices, consumer index, and loan interest rates.

Pakistan Cricket Board (PCB) will hold the opening ceremony of the upcoming Champions Trophy on February 16 in Lahore along with ICC.

Eknath Shinde.

Poonam Pandey recently visited the Maha Kumbh Mela in Prayagraj, where she participated in the sacred Amrit Snan on January 29. On the auspicious occasion of Mauni Amavasya, she joined millions of devotees in the holy waters, embracing the deep-rooted traditions of the world’s largest religious gathering.Taking to Instagram, she mentioned how after taking the holy bath, all her sins have been washed away.

The revenue from operations stood at Rs 3,355.25 for the third quarter of the fiscal year 2025, up from Rs 3,255.06 crore, reported in the year-ago period.

cyber-farting.' The woman, Rhiannon Evans, was ordered to pay nearly £300 after admitting to sending videos of herself passing gas to her boyfriend’s ex-partner. The court also sentenced Evans to a 12-month community order along with a two-year restraining order. Additionally, she must attend 15 rehabilitation sessions and observe a 60-day alcohol abstinence period. The incident occurred over the Christmas and New Year period, starting on December 22nd and continuing through January 1st. Evans sent multiple videos to Deborah Prytherech.

Rohit Agarwal, Executive Vice-President, Kotak Mahindra, says it is anticipated that within the next five to ten years, the manufacturing sector will contribute approximately 18 to 20 percent to GDP. Agarwal believes the government will continue to allocate a substantial budget for capital expenditures, along with incentives and standard operating procedures (SOPs) aimed at the manufacturing industry. This focus will be reflected in the Budget, as the government is committed to enhancing India's self-sufficiency in various products that are currently imported. Within manufacturing, EMS has been a huge success story but within it, it is time to move from mobile PLI success to other stories. To start with that success will come more from the semiconductor value chain. One should be overweight on semiconductors followed by renewable energy and defence. Agarwal believes Trump’s protectionist policy will have no impact on the PLI theme as these manufacturers are aimed more for India market to replace imported items What should one watch out for in this year’s Union Budget when you talk about manufacturing because that is where most of the government’s focus has been and it has reaped quite a lot of benefit when you talk about the way it has helped boost the GDP growth as well. Rohit Agarwal: The focus of this government has been on manufacturing through the Budget document and also apart from the Budget document, they have been taking various measures.

5G infrastructure, increased mobile data usage and greater fixed broadband play – is gearing up for the next wave of growth. The sector’s adjusted gross revenue (AGR) grew 8.2% y-o-y in FY24, while for the quarter ending Sep-24, it grew 13.1% y-o-y. Throughout 2024, the Government of India has adopted progressive measures to help improve telecom operators’ financials. Now is the time to take it a notch further and accelerate the superlative transformation of the sector.

Donald Trump has offered federal workers the option to resign and receive pay for eight months. In an email, the administration has asked almost all government employees to decide by 6 February whether they want to be part of a «deferred resignation» programme that will mean them leaving their jobs no later than the end of September.

Subscribe to enjoy similar stories. TVS Motor Company Ltd stock rose 9.7% after its Q3FY25 results, as margin hit record high of 11.9% in the quarter, mainly driven by lower commodity prices. Profitability is set to improve further as TVS expects to receive benefits from the government’s production-linked incentive (PLI) scheme from Q4FY25 onwards, which has led to earnings-per-share upgrades by some brokerages.

Subscribe to enjoy similar stories. New Delhi: It is “critical" for the G20 to address emerging challenges of trade and tariff wars, India’s sherpa Amitabh Kant said, amid increasing threats by US President Donald Trump to hike tariffs against India and other members of the grouping of major global economies. In an interview, the former bureaucrat said G20 should also address the potential adverse effects of artificial intelligence by suggesting a regulatory framework.

Subscribe to enjoy similar stories. Cement is fundamental to infrastructure development and plays a crucial role in a country's economic progress, with its demand closely linked to the growth of the nation. In India, this demand is driven by government investment in infrastructure projects like roads, railways, and housing.

Nestle India is likely to see muted revenue and profit numbers in the third quarter as the growth continues to be impacted by muted consumer demand and elevated commodity prices. Revenue from operations are likely to improve 4% year-on-year (YoY), according to an average estimate of four brokerages, while profit after tax (PAT) is seen rising by a marginal 1% YoY.

Kash Patel, President Donald Trump's pick to lead the FBI, will encounter deeply skeptical questioning from Democratic senators Thursday about his loyalty to the president and stated desire to overhaul the bureau as he faces a high-stakes hearing that will help determine his path toward confirmation. Patel, a Trump loyalist who has railed against the FBI over its investigations into the president and claimed that Jan 6 rioters were mistreated by the Justice Department, was picked in November to replace Christopher Wray, who led the nation's premier federal law enforcement agency for more than seven years.

mutual funds do best only in bull markets. But even in volatile markets, smart fund managers can create and protect value for investors in uncertain times. The recent correction, spanning 26th September 2024 – 21st January 2025, is a case in point.

IndusInd Bank. Analysts point to a disappointing show on almost all the metrics. The net interest income (NII) during the third quarter is likely to rise by a marginal 1% year-on-year (YoY), according to an average estimate of six brokerages. This along with higher provisions could drag the PAT down significantly by 40% YoY.