India Financial News

Subscribe to enjoy similar stories. The Association of Mutual Funds in India (Amfi) recently released the updated half-yearly data on market capitalization classifications for listed stocks. As defined by the Securities and Exchange Board of India (Sebi), largecaps are the top 100 companies by market capitalization, midcaps are ranked 101 to 250, and smallcaps are those ranked 251 and beyond.

On the BSE, Classic Filaments(down 13.90 per cent), GTPL Hathway(down 11.99 per cent), Gujarat State(down 10.96 per cent), Tyroon Tea Co(down 10.81 per cent) and Alkosign Ltd.(down 10.37 per cent) stood among the top losers in today's trade.

Markets regulator Sebi has renewed its recognition of AMC Repo Clearing Ltd as a clearing corporation for one year till January 16, 2026 for clearing and settling transactions in repo and reverse repo in debt securities. The regulator has granted renewal of recognition for one year starting January 17, 2025, according to a notification uploaded on Sebi's website on Friday. Under the rules, AMC Repo Clearing Ltd will not undertake any activity except that of clearing and settling of transactions in repo and reverse repo in the debt securities that are dealt with or traded on a recognised stock exchange. Earlier, the Securities and Exchange Board of India (Sebi) had granted recognition to such clearing corporations in January 2023.

Benchmark NSE Nifty closed 95.0 points down at 23431.5 amid selling in frontline bluechip counters.

DAM Capital report added. The report added that inflation is a foremost concern for FY26, with a projected decline to 4.5 per cent from the current level. The major reason behind the persistent inflation is domestic pressure. The pass-through effect of rising raw material costs, particularly in agriculture, food, and metals, is expected to contribute to persistent inflation. As demand increases, businesses are likely to raise prices of raw materials, impacting consumers.

Marico Ltd.(up 1.05%), Nakoda Group Of Industries Ltd.(up 0.72%), Hindustan Unilever Ltd.(up 0.28%), Tata Consumer Products Ltd.(up 0.28%) and Britannia Industries Ltd.(up 0.27%) stood among the top gainers.

Changthang High Altitude Cold Desert Wildlife Sanctuary and the Karakorum Nubra Shyok Wildlife Sanctuary, aims to speed up ammunition access and ensure quicker operational deployment, according to the Ministry of Defence. India and China were engaged in a 54-month-long military standoff in eastern Ladakh, which began after their troops clashed in the Galwan Valley in May 2020. This standoff ended in October last year. The proposals for this strategic infrastructure were discussed during a meeting of the Standing Committee of the National Board for Wildlife, chaired by Union Environment Minister Bhupender Yadav on December 21.

During the conversation, Modi highlighted the significance of Indian entrepreneurs working abroad, calling them "national ambassadors." He emphasised that leveraging their expertise and connections can strengthen India’s global standing. “One of the primary objectives of NITI Aayog is to combine the strengths of the global Indian community,” Modi said, adding that Indian-origin individuals worldwide are known for their low crime rates, high education levels, and respect for the law. “Their cumulative efforts are a key reason behind India’s growing global profile,” he remarked.

Annapurna Studios in collaboration with Dolby has launched India’s first Dolby certified post production facility for cinema and home. The facility was unveiled by the renowned filmmaker S S Rajamouli in the presence of the celebrated actor Nagarjuna Akkineni, Vice Chairman of Annapurna Studios. Interestingly, Rajamouli’s Academy-award-winning film RRR was the first-ever Indian film to be released in Dolby Cinema. A special footage of the film was played at the grand event. SS Rajamouli said, «During the time of RRR, when we wanted to grade the film in Dolby Vision, we had to travel all the way to Germany. It was a bit disheartening that I couldn’t experience my film in Dolby Vision within my own country. But today, I’m thrilled to see a Dolby Vision grading facility right here at Annapurna Studios.» He added, «Even more exciting is the fact that, by the time my next film releases, there will be multiple Dolby Cinema across India.: He said, „Watching a film in Dolby Vision is an entirely different experience—the crystal-clear clarity and the way it enhances the nuances of every frame take storytelling to a whole new level. I can’t wait for audiences to experience it!”

SN Subrahmanyan has stirred a debate on social media on work-life balance with his advocacy of 90-hour work weeks. In an undated video, which has gone viral on social media. Subrahmanyan seemed to dismiss the value of time spent at home, saying, «What do you do sitting at home? How long can you stare at your wife? How long can the wives stare at their husbands? Get to the office and start working.» He was advocating for working Sundays. During the recorded interaction, when questioned about mandatory Saturday work at L&T, Subrahmanyan said, «I regret I am not able to make you work on Sundays, to be honest. If I can make you work on Sundays, I will be more happy, because I work on Sundays also.» Also Read: ‘How long can you stare at your wife?’: L&T chief advocates 90-hour work week

rupee may fall past 90 per dollar this year as the monetary authority prepares to ditch the currency’s implicit quasi-peg to the dollar, according to Gavekal Research. A bigger depreciation of around 10%, taking the rupee to 95 is “not out of the question,” analysts Udith Sikand and Tom Miller wrote in a note. The monetary authority faces the task of lowering interest rates without precipitating a steeper currency decline, they wrote.

Gold discounts in India rose this week as consumers refrained from buying as local prices hit a month's high, whereas the upcoming Lunar New Year festival stimulated gold buying activity in other major Asian markets. Indian dealers offered a discount of up to $17 an ounce to official domestic prices, inclusive of 6% import and 3% sales levies, up from the last week's discount of $14 an ounce. «Prices are high, so buyers are holding off on purchases. Anyway, the inauspicious Khar Mass (month in Hindu calendar) is still going on,» an Ahmedabad-based jeweller said.

Interpol has issued its first Silver Notice to locate assets laundered across borders as part of a pilot project in which India is also a participant, the global body said Friday. In its response to a PTI query on the notice, the Interpol said in a statement it has issued the first Silver Notice on the request of Italy which has sought information about the assets of a senior mafia member. The Lyon-based international police cooperation organisation said the pilot project has participation from 52 members including India. At present, the Interpol has eight types of colour-coded notices which allows a member country to seek specific kind of information worldwide. The Red Notice allows a country to request the detention of fugitive living in another country.

wheat procurement target of 30 million tonnes for the 2025-26 rabi marketing season, sources said. The lower procurement target comes despite the Agriculture Ministry aiming for a record wheat production of 115 million tonnes in the 2024-25 crop year (July-June). For the 2025-26 rabi marketing season starting April, the minimum support price for wheat has been fixed at Rs 2,425 per quintal. The procurement target was set following discussions with state food secretaries, the sources added.

mutual fund NFOs have mobilised Rs 13,852 crore in December of which 33 were open-ended funds and one was close-ended fund. Among the 33 open-ended funds, 12 were index funds and sectoral/thematic funds each. Two schemes each were from long duration, multi asset allocation, and other ETFs each. In December, one multi cap,arbitrage, and children’s fund were launched. Also Read | Only one equity mutual fund category offered positive return last month. Should you rejig allocation strategy?

Indian Gas Exchange (IGX) is looking for regulatory approval to launch a 3-6 month gas contract, its chief executive, Rajesh K Mediratta, said on Friday. «We are awaiting a clearance from PNGRB (Petroleum and Natural Gas Regulatory Board),» Mediratta told reporters at a press conference. IGX, a unit of Indian Energy Exchange, currently has intraday, dayahead, daily, and fortnightly contracts.

Budget 2025 approaches, Non-Resident Indians (NRIs) are keenly watching for reforms that could make India a more attractive destination for their investments. By addressing key challenges in taxation and simplifying regulatory processes, the budget has the potential to boost inward remittances and encourage NRIs to invest more confidently in India.

Subscribe to enjoy similar stories. New Delhi: The Global Energy Alliance for People and Planet (GEAPP) plans to use India as a testbed for new decarbonisation technologies that would then be commercially operationalised in other developing countries.

Subscribe to enjoy similar stories. New Delhi: The Commission for Air Quality Management (CAQM) has directed Delhi-NCR, Rajasthan, Uttar Pradesh, and Haryana to draft a three-year action plan to combat dust pollution from roads and open areas by the end of February. The plan will prioritize urban and industrial areas and include measures such as end-to-end greening, paving of roads, pedestrian and cyclist pavements, and micro-surfacing.

Subscribe to enjoy similar stories. For many first-time investors, stock analysis can feel like navigating a maze of numbers and jargon. But here's the truth: It's not as complicated as it seems.

State Bank of India chairman CS Setty on Friday pitched for the creation of a market infrastructure institution to track the end-use of funds borrowed or raised as equity by small businesses. A «viable mechanism» is needed to ensure that the funds are used for the intended purposes, Setty said in remarks which come amid heightened concerns on the subject of end-use of funds. «We will require a viable mechanism to track the actual use of these funds to ensure that the funds are utilised for the purposes they have been raised for, probably through the establishment of a separate market infrastructure institution with powers to track the use of borrowed funds or the funds raised through equities,» Setty said. Addressing a conference organised by the Sebi-promoted NISM here, Setty said the creation of such a platform will provide comfort to lenders as well as investors, and make pricing more competitive.