India Financial News

«We maintain our sell on rise stance for the index and emphasize the importance of robust risk management, particularly in broader market segments like midcaps and small caps, while awaiting clearer signals,» said Ajit Mishra – SVP, Research, Religare Broking.

Bajaj Finance, Maruti, Tata Motors, SBI Card, Suzlon Energy among others will be in focus due to various news developments and third quarter results. Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements Shares of Bajaj Finance, Maruti, Tata Motors, Adani Power and Ambuja Cements will be in focus as the companies will announce their third quarter results today.

Subscribe to enjoy similar stories. Dr. Agarwal’s Health Care, India’s largest eye care chain by revenue and network size, is going public with plans to raise ₹3,027 crore.

Subscribe to enjoy similar stories. India needs sustained long-term growth to pull people out of poverty, create jobs for the young, and boost incomes to widen the consumption base. I have long considered India’s potential real GDP growth rate to be 6% to 6.5% (6.2% is the average since 1980).

Subscribe to enjoy similar stories. When Ram learnt that his parents were attempting to transfer ₹10 lakh to his US bank account after selling a plot of land in India,he was not particularly pleased. The computer engineer working in the US knew that the simple gesture could turn into a logistical nightmare.

Subscribe to enjoy similar stories. As the world order shifts from globalization towards protectionism, the Indian government too has shown persistent focus on Atmanirbhar Bharat, or self-reliant India, with initiatives like production-linked incentives (PLI) schemes to encourage local manufacturing. Electronics manufacturer Dixon Technologies Ltd was among the earliest to answer the government’s call to manufacturers to ‘make in India’.

dollar index strengthened after comments about trade tariffs from US President Donald Trump. Intervention by the Reserve Bank of India helped contain excess losses, traders said The dollar index strengthened to 107.87 on Tuesday, after it had fallen to 106.96 the previous day, hurt by the selloff in US technology stocks.

Sebi) late Tuesday returned a letter by US-based Digvijay Laxmansinh Gaekwad, that had sought the regulator's permission to make a counteroffer to buy a stake in Religare Enterprises. Separately, two independent directors of Religare Enterprises questioned the company's decision to publish the letter written by Gaekwad to the capital markets regulator without verifying the sender's identity or signature, sources told ET.

FPIs have offloaded nearly Rs 2.18 lakh crore worth of Indian equities during this period. Several sectoral indices on the NSE, including auto, metals, oil & gas, energy, realty, media, and PSU banks, have plummeted more than 20% from their 52-week highs.

Deepseek, a large language model (LLM) trained at a fraction of the cost of its Western counterparts, has sent shockwaves through the global AI community leading to calls for India to build its own AI language models.

digital payments landscape with global fintechs aspiring for the licence, new domestic firms entering the space, and green shoots of recovery in transaction volumes.

initial public offering of ₹3,027 crore comprising an offer for sale of ₹2,727 crore with the rest being a fresh issue that dilutes the promoter shareholding from 37.7% to 32.5%. Of the issue proceeds, ₹195 crore will be used to repay borrowings. Business: Incorporated in 2010, Chennai-based DAHC is India's largest eye care service chain run by fourth-generation ophthalmologists. It has the highest number of eye care facilities in the country at 193, and 16 in Africa which contributes around 10% of the total revenues. At the end of September 2024, the company had 737 doctors and earned 66% of its revenues from surgeries, 13% from diagnosis and non-surgical treatments and 21% through the sale of eye care-related products, opticals, contact lenses and accessories.

The world's biggest cryptocurrency struggled to make gains last week, as a rally that had seen it break above $100,000 after U.S. President Donald Trump's election ran out of steam.

Subscribe to enjoy similar stories. Company Outsider is a weekly newsletter by Sundeep Khanna. Last week’s liquidation orders for Go First appear to be another blow to India's airline passengers. With the options narrowing to Air India, IndiGo and the smaller fleets of a struggling SpiceJet and the newcomer Akasa Air, the spectre of a stifling duopoly by the first two in which fliers are burdened with high fares and poor service looms large.

Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) has announced a set of forex and money market measures that will collectively infuse ₹1.5 trillion over time, amid a clamour for liquidity from multiple bankers and money market participants. Mint explains the implications of the move.

Subscribe to enjoy similar stories. On 28 January, the market opened with a gap-up, with bulls dominating the session throughout the day. The Nifty closed up by 128 points at 22,957 (+0.56%), while the Bank Nifty closed 802 points higher at 48,855 (+1.67%).

Subscribe to enjoy similar stories. Jewellery makers in India may soon have to pay more to lease the yellow metal from banks, as US president Donald Trump's tariff rampage rattles intermediaries in the world bullion market. Authorized Indian banks importing gold from international banks such as JP Morgan, Citibank, HSBC and Standard Chartered on behalf of local jewellers are set to increase interest rates for so-called gold metal loans (GMLs), bankers and industry executives said.

Subscribe to enjoy similar stories. The Indian steel industry will be looking for two key announcements from finance minister Nirmala Sitharaman in the upcoming Union budget – continued investment in infrastructure and a safeguard duty on the import of the alloy. Steelmakers will also be looking for budgetary announcements around green steel, including incentives and enabling measures that nudge the industry towards higher sustainability.

Subscribe to enjoy similar stories. Nifty50, India's benchmark index, snapped its two-day losing streak and closed 128 points higher at 22,957.25 on Tuesday. The index started the session with a gap-up opening at 22,960.45 and continued to gain intraday, taking cues from the RBI’s action to inject liquidity into the banking system.