India Financial News

state-run banks via stake sales or the lenders themselves selling shares to large investors that will help them meet minimum public holding norms, according a government official.

Indian equity markets in 2025 especially in the second half as corporate earnings pick up and the euphoria of the Trump Presidency wanes in the US,” says Nishit Master, Portfolio Manager, Axis Securities PMS. In an interview with ETMarkets, Master said: “We expect India to be one of the fastest growing major economies for 2025 which will make it more attractive for FPIs as an investment destination especially since after the recent correction, market valuations have become more reasonable,” Edited excerpts:

IRFC) shares will remain in focus on Wednesday, January 15, after the firm emerged as the lowest bidder (L1) to finance Rs 3,167 crore for the development of the Banhardih coal block in Latehar District, Jharkhand. The project is being undertaken by Patratu Vidyut Utpadan Nigam Ltd (PVUNL), a joint venture between NTPC Ltd (holding a 74% equity stake) and Jharkhand Bijli Vitran Nigam Ltd (26% equity stake).

The Nifty futures closed positive with gains of 0.51% at 23,280 levels on Tuesday. The India VIX index declined by 3.30% to 15.47, signaling reduced market volatility.

Every year, 15 January is commemorated as ‘Army Day’ to remember the occasion when General (later Field Marshal) KM Cariappa took over the command of the Indian Army from General Sir FRR Bucher, the last British Commander-in-Chief in 1949 and became the first Indian Commander-in-Chief of Independent India. The Indian Army originated from armies of the East India Company which later became the British Indian Army and the Princely States Army, and after independence in 1947, merged into the National Army of India. The units of the Indian Army have fought many battles in the past where they gained honor for the country with their bravery. The Indian Army has the sole objective of protecting the nation from any foreign aggression that arises, ensuring the nation's security. They also try to protect the nation from internal threats. During natural calamities, the Indian Army conducts humanitarian rescue operations to save people's lives. In a landmark announcement on January 1, 2025 Defence Minister Rajnath Singh declared 2025 as the 'Year of Reforms', signalling a decisive shift towards a more agile, technologically advanced, and combat-ready Armed Forces, said a statement from the Indian Army. The 'Year of Reforms' comes on the heels of the Indian Army's 'Year of Transformation' (2023) and 'Years of Technology Absorption' (2024 and 2025). However, acknowledging the long gestation period required for meaningful change, the Indian Army has already identified 2023 to 2032 as the 'Decade of Transformation'. The announcement of 2025 as the 'Year of Reforms' provides strategic direction and impetus to this long-term initiative. Why is Indian Army Day celebrated on January 15? Army Day is celebrated on this day to remember

Vedanta Ltd. creditors will gather next month to give their final verdict on a plan to split the sprawling Indian mining conglomerate into at least five different businesses, a key step in a months-long effort to simplify the group’s structure and help manage its debt burden.

TikTok plans to keep paying U.S. employees even if the Supreme Court does not overturn a law that would force the sale of the short-video app in the U.S. or ban it, the company's leadership said in an internal memo reviewed by Reuters on Tuesday.

National Weather Service pushed back its unusually dire warning of critical fire weather until early the following day.

Rajnath Singh on Wednesday extended his heartfelt greetings to the brave soldiers, officers, and families of the Indian Army on the occasion of 77th Army Day.

liquor scam case: The home ministry has granted permission to the Enforcement Directorate (ED) to prosecute former Delhi Chief Minister Arvind Kejriwal under the Prevention of Money Laundering Act (PMLA), ToI reported. The move comes in connection with alleged money laundering linked to the controversial liquor scam case.

Biden on Tuesday signed an ambitious executive order on artificial intelligence that seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.

Delhi Chief Minister Atishi, who replaced Arvind Kejriwal after his resignation in September last year, filed her nomination on Tuesday for the upcoming Assembly polls, declaring a net worth of Rs 76.93 lakh, with no car or house to her name, according to document submitted to Election Commission.

Subscribe to enjoy similar stories. Gone are those simpler times when a finance minister of the country could tell Parliament, as Manmohan Singh had in 1992, that he does not lose sleep over stock markets. While those who invest in shares directly or via mutual funds are still relatively few—India has some 180 million demat accounts and a little over 40 million mutual fund folios, with a considerable overlap between the two—the number of Indians with indirect exposure to stock prices via retirement savings and insurance policies would be about 350 million.

Raja Krishnamoorthi, have introduced a resolution in the US House of Representatives to designate January as Tamil Language and Heritage Month. The resolution coincided with the beginning of Pongal, a major Tamil festival.

Yoon Suk Yeol over his brief imposition of martial law last month. In a video message recorded before he was escorted to the headquarters of an anti-corruption agency, Yoon lamented that the «rule of law has completely collapsed in this country» but said he was complying with the detention warrant to prevent clashes between law enforcement officials and the presidential security service.

Bangalore Bioinnovation Centre (BBC) on Tuesday morning and there were no casualties, Karnataka Minister Priyank Kharge said. The BBC is a Government of Karnataka undertaking which is located at the Electronic City in Bengaluru.

OpenAI said on Tuesday that it is introducing a beta feature called Tasks to ChatGPT, signaling the company's foray into the virtual assistant space, competing with Apple's Siri and Amazon's Alexa.

Melania Trump has confirmed about her intentions to primarily reside in the White House during her husband US President- elect Donald Trump's upcoming second term as the US President. According to Huffpost, in a pretty recent interview on ‘Fox & Friends’, she actually addressed several speculations about her living arrangements while stating that ‘I will be in the White House’ and also mentioning the fact that she would travel to New York and Palm Beach as needed.

Nvidia CEO Jensen Huang, in his recent keynote speech at CES 2025 stressed upon the significance of agentic AI, that could eventually revolutionize the workforce and provide a major boom for those companies who are deeply invested into agentic AI research and development.

Rachel Accurso, widely known as Ms. Rachel, is bringing her educational videos to Netflix. The first set of episodes is set for release on January 27, 2025.