India Financial News

Indian currency found support from positive inflation numbers and some recovery in domestic equity markets even though the outflow of foreign funds continued to play a negative role. At the interbank foreign exchange, the rupee opened at 86.57 and pared further losses to trade at 86.49 against the greenback in initial deals, 21 paise higher from its previous close.

Subscribe to enjoy similar stories. NEW DELHI : Greenko founders-backed AM Green has partnered with global logistics giant DP World to establish advanced logistics and storage infrastructure in India and overseas, aiming to accelerate exports of green hydrogen and green ammonia.

Union Budget 2025 Expectations Live Updates: Finance Minister Nirmala Sitharaman's Budget speech is being anticipated as stakeholders and sectors await announcements such as tax breaks, GST updates are expected to revive the economy and boost consumer sections.The finance minister concluded her eighth Pre-Budget Consultation with the stakeholders and representatives from the trade unions ahead of the upcoming Union Budget 2025-26, in New Delhi on January 6. When is the Union Budget 2025 Speech?While there has been no official confirmation from the Centre or Finance Ministry yet, as per recent convention, Sitharaman is expected to present the Union Budget 2025 on February 1, at 11 am.

Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.Nifty 50 Today Live Updates: At current prices Nifty 50, faces the below Resistance and Support levels On the last trading day, the Nifty 50 index closed at 23,431.5. This closing price reflects the performance of the index, which represents a diversified portfolio of 50 large-cap companies listed on the National Stock Exchange of India.

RSS chief Mohan Bhagwat has said the date of Ram temple consecration in Ayodhya should be celebrated as «Pratishtha Dwadashi», as the «true independence» of Bharat, which faced «parachakra» (enemy attack) for several centuries, was established on this day. After India got political independence from the British on August 15, 1947, a written Constitution was made according to the path shown by that specific vision, which comes out of the «self» of the country, but the document was not run according to the spirit of the vision at that time, Bhagwat said on Monday.

workplace experiences on Reddit, contrasting the management styles of Indian managers with their American and Canadian counterparts. Reflecting on his career, he recounted working for a Canadian company under two female supervisors—one Canadian and the other American—before being assigned an Indian manager in the US.

Atal Setu, inaugurated a year ago, recorded an average traffic of fewer than 23,000 vehicles per day, lower than the initiation projections of handling more than 56,000 vehicles daily. Prime Minister Narendra Modi inaugurated the nearly 22-km-long bridge, which connects Sewri in Mumbai to Chirle in Navi Mumbai, on January 12, 2024, marking the completion of a major infrastructure project in Maharashtra.

US Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class action by advertisers that accused the Facebook and Instagram parent company of overcharging them by inflating the number of people their ads might reach. The justices turned away Meta's appeal of a lower court's decision that let advertisers seek damages as a group over Meta's claims about the «potential reach» of their ads.

Gavin Newsom has accused tech billionaire Elon Musk of spreading «lies» about the state's response to deadly wildfires ravaging Los Angeles, escalating their online row over swirling misinformation.

Amrit Snan of Maha Kumbh 2025 on the auspicious occasion of Makar Sankranti began as Sadhus from Sadhus of MahanirvPanchayati Akhada took a holy dip at the Triveni Sangam — a sacred confluence of the Ganga, Yamuna and 'mystical' Saraswati river.

Yogesh Patil, V-P, Dolat Capital, says Long-term contracts won't be affected by crude sourcing agreements with Russia, but spot purchases of Russian oil, which account for 40-45% of India's imports, will be impacted. Discounts on Russian crude were about $3 per barrel recently, but Indian refiners will now need to source oil from the Middle East without discounts, affecting their gross refining margins. Currently, petrol, diesel, and LPG prices are somewhat frozen, preventing companies from passing increased crude costs to consumers, leading to challenges for OMCs amid rising prices. On a positive note, ONGC and Oil India are expected to report strong results due to a weakening rupee, rising oil prices, and the removal of the windfall gain tax. However, ONGC's stock fell on Monday, likely due to concerns over its investments in Russian assets. How major could be the impact of the new sanctions by the US on Russian oil on global crude oil prices? Where do you see oil prices headed globally? Yogesh Patil: On Friday evening, the Biden administration imposed sanctions on the Russian export oil supply chain and two major oil companies including Gazprom Neft Gas, which are involved in export of closer to one million barrels per day oil on a daily basis. Secondly, they have sanctioned closer to 180 vessels, which are exporting the oil to different nations and lastly on some insurance companies.

Elon Musk acquiring the US operations of TikTok if the company fails to fend off a controversial ban on the short-video app, according to people familiar with the matter.

Subscribe to enjoy similar stories. With inflation a bugbear for policymakers, it’ll be a relief that the year-end saw price pressures ease, even if only a bit. Government data released on Monday showed that India’s consumer price index rose 5.2% from a year earlier in December, slower than the 5.5% rise in November.

Here's breaking down the pre-market actions:

Samsung’s flagship mobiles in 2024 centred around offering fresh, new AI-based features across photo editing, text generation, and interactive search while Apple’s latest iPhones came with Apple Intelligence, a spread of GenAI features being introduced in a staggered manner till mid-2025. For others, such as Xiaomi and Vivo, AI-based features were there in most recent launches.

E-visa startup Atlys has introduced its business-to-government (B2G) solution, which digitises and automates backend systems to help governments expedite visa approval processes.