India Financial News

Subscribe to enjoy similar stories. The Insolvency and Bankruptcy Board of India (IBBI) has recommended the addition of a stage for voluntary mediation in insolvency cases filed by operational creditors, based on the findings of its expert committee and the Indian Institute of Insolvency Professionals of ICAI (IIPI).

A senior official of the European Investment Bank says the regional lending agency is keen to double its funding for Bangladesh, but she expressed concern over human rights as the country endures a spell of political turmoil

smaller cities showing a strong appetite for crypto adoption. Interestingly, Jaipur secured the sixth spot on the top 10 list after Delhi-NCR, Bengaluru, Mumbai, Hyderabad, and Pune. A significant majority of crypto investors in India (75%) are under the age of 35 Given that about 65% of the country's total population is under 35 years of age, crypto presents a huge opportunity for investments. This evolving crypto tale is shaped by the global crypto narrative where it is no longer just a buzzword—it’s a global financial movement reshaping economies and creating unprecedented opportunities. The year 2024 ended on a high note for crypto investors, with Bitcoin outshining traditional investments such as stocks, bonds, and gold, delivering a staggering 140% annual return. Starting the past year at $42,000, it soared past $100,000 in December, hitting a record $108,268

In a gripping episode of Shark Tank India Season 4, tensions ran high as entrepreneurs Ravi Kaushik and Abhimanyu Kumar pitched their innovative air purifier technology, Airth, to the panel of Sharks. According to the company, the device is designed to transform ordinary air conditioning units into air purifiers.The founders, with Kaushik’s background in aerosol engineering and personal motivation stemming from his mother’s battle with asthma, sought Rs 60 lakhs for a 1% equity stake in their company.

Subscribe to enjoy similar stories. On Thursday, Nifty50, India's benchmark index, closed lower in a weekly F&O expiry trading session. Taking cues from the global market, the index started on a muted note and continued to drift lower towards 23,500 to close near the day’s low at 23,526.

LinkedIn to call out a job-seeker, a mobile app developer from India, for allegedly ghosting him after an interview. The entrepreneur accused the candidate of showing disrespect during the hiring process and labelled the behaviour as “unprofessional”, even tagging the candidate and his company in the post.

IRB Infrastructure Developers' shares will remain in focus on Friday, January 10, following the company's announcement of a 19% year-on-year (YoY) increase in toll collections for December 2024. The total toll collection for the month reached Rs 580 crore, up from Rs 488 crore in December 2023. Amitabh Murarka, Deputy CEO, stated, «We have seen impressive growth in the current month across our portfolio. Looking ahead, we expect this upward trend in toll collection to continue, driven by India's robust GDP growth, which should boost vehicular traffic across our 12-state network.»

Accor SA.

Indian market closed lower on Thursday tracking muted global cues. The BSE Sensex fell more than 500 points while the Nifty50 managed to hold above 23,500 levels. Sectorally, buying was seen in FMCG while selling was visible in power, energy, oil & gas and realty stocks.

Subscribe to enjoy similar stories. Becoming a financial advisor isn’t just about crunching numbers—it’s about navigating regulations, building trust, and offering solutions that resonate with clients. For those ready to step into this challenging but rewarding field, there are three key paths: obtaining a Mutual Fund Distributor (MFD) licence, registering as a Sebi Investment Advisor (RIA), or qualifying as a Sebi Research Analyst (RA).

Meta has decided to do away with the third-party fact-checking programme in the US and will instead rely onuser-generated community notes to cross-check and establish the veracity of content on its platforms.

Tata Consultancy Services said its net profit grew to Rs 12,380 crore in the third quarter of fiscal 2025, clocking a lower-than-expected expansion of 3.9% sequentially and 5.5% year-on-year as demand slowed in its primary markets across the US and the UK amid the holiday season.

Here's breaking down the pre-market actions:

Hope Valley. Fans await Episode 2 for fresh twists and character progressions.

financial conditions in FY26, according to an analysis by India Ratings. It faces challenges around indebtedness in the retail lending segment, volatile banking system liquidity and domestic growth-inflation conundrums, the rating agency said in a report.

Shark Tank India Season 4, Anupam Mittal and Aman Gupta found themselves in a heated battle over an investment opportunity in Airth, a groundbreaking air purifier technology. The device, created by IIT Bombay alumnus Ravi Kaushik and co-founder Abhimanyu Kumar, promises to transform regular air conditioning units into air purifiers, offering a much-needed solution to India's growing air pollution problem.

Reserve Bank of India (RBI), in its recent buyback auctions of government securities in January, accepted nearly 77% of the total amount the central bank had notified, but received bids worth about double the amount as banks bid aggressively amid deficit liquidity in the banking system, economists said.

Telecom operators are urging the Department of Telecommunications (DoT) to adopt the sector regulator's definition on international traffic, a move that can potentially boost telcos' SMS revenues by more than ₹ 400 crore annually.