India Financial News

In 2011, a young male graduate earned about ₹21,800 a month; a non-graduate ₹9,000. By 2023, the graduate earned ₹19,573 while the non-graduate ₹10,507. Graduate earnings have fallen in nominal terms over 12 years.

The Reserve Bank of India’s (RBI) balance sheet shows that the amount of government paper (including treasury bills) held as on 28 February was ₹21.34 trillion. It was ₹15.58 trillion in March 2025. With RBI’s recently announced open market operations (OMOs), which will probably continue this month, the amount will only increase.

Mint that its UK operations will not break even this fiscal.The timing is significant. Tata Steel has consistently maintained that its UK turnaround hinges on policy support to counter unfair import competition.

As reports emerged last week on which ships Iran had let through the Strait of Hormuz, India-bound carriers of LPG among them, one group was no surprise: vessels carrying Iranian crude exports. By data analytics firm Kpler’s estimate, Iran’s oil shipments kept up an average daily pace of 1.3-1.4 million barrels in March amid hostilities with the US and Israel. Most of it was headed for China, reportedly, bought by small refiners paying in Chinese yuan.

India’s civil aviation ministry has withdrawn caps placed on domestic airfares as more expensive fuel amid the West Asia war and a weakening rupee send costs for airlines soaring. While airlines will now be able to raise airfares, the ministry has cautioned that instances of excessive surge “will be viewed seriously” and that the caps may be reintroduced or other steps taken to safeguard the public interest. These caps had been placed in December after flight cancellations by IndiGo sent airfares soaring.

Stock market recap: The Indian equity benchmarks staged a resilient recovery on Friday, 20 March 2026, as Nifty 50 climbed 0.49% to settle at 23,114.50, while Sensex gained 325.72 points to end at 74,532.96. This rebound followed a period of intense volatility and provided a relief rally after recent sharp sell-offs.Market sentiment was buoyed by easing crude oil prices, which retreated toward $105 per barrel following diplomatic signals aimed at de-escalating West Asian tensions.

Deepak Nitrite Ltd’s investors would have hoped for some succour from the news that the Indian government is considering levying an anti-dumping duty on imports of Diamino Stilbene Disulphonic Acid (Dasda) from China. Deepak’s stand has been vindicated as the Directorate General of ​Trade Remedies (DGTR) has found merit in its complaint.

India’s fertilizer industry enters 2026 at a critical inflexion point: inventories are at record highs, yet the sector faces volatile global gas prices, West Asia risks, and a structurally subsidy-dependent business model. For investors, that means strong tailwinds on volume visibility but real caveats on margins and policy risk.The immediate backdrop is a whiplash from scarcity in 2025 to abundance going into kharif 2026.

Don ko samajana mushkil hi nahi namumkin bhi hai (Understanding Don is not just difficult, but impossible), quipped market veteran Nilesh Shah, MD of Kotak Mahindra AMC, as conflicting statements on the Iran war emanated from US President Donald Trump over the weekend.Inspired by a dialogue from the 1978 Amitabh Bachchan starrer Don, it encapsulates the uncertainty among India's investors and traders amid frequent changes in President Trump's stance on the conflict's objectives and duration.In a post on Truth Social on Friday, the US President said he was considering ‘winding down’ military operations in the Middle East after getting ‘very close’ to meeting the US' objectives.While investors could see this as a positive sign, they would again be flummoxed by Trump's plan to deploy more troops to the region, explained Shah.Hapless investors and traders have sought to deal with frequent flip-flops preceding Trump's latest comments by initiating an options strategy that enables them to profit from sharp market movements in either direction.Known as a long straddle in options parlance, the strategy aims to profit from a steep move in the Nifty on either side of 23100 by this Monday or Tuesday.This is borne by a 58% rise in open or outstanding positions on the 23100 call and a 79% rise in the 23100 put, per National Stock Exchange (NSE) data as of Friday closing.The market closed at 23114.5 on Friday (20 March), down 8.2% over the past three weeks since the war began.

drug carries a warning that it must be administered only under the supervision of an endocrinologist to ensure that complex metabolic side-effects are properly regulated. There is a concern that if other medical professionals begin prescribing it, they may not be able to properly manage its side-effects,” one of the two officials cited above said, requesting anonymity.According to a Lancet study, India could have the world's second-highest obesity burden by 2035, with 449 million overweight and obese people by 2050, when a third of the country's population will be obese.

India's love for cricket has always been apparent, and the game is now larger than the entire sports industry was just a year ago. Despite real-money gaming companies pulling out of advertising, India’s sports economy crossed the $2 billion mark in 2025, growing at a healthy 13.4% year-on-year to ₹18,864 crore, according to a new report, Sporting Nation: Building a Legacy, released by global media investment company WPP Media.The sports industry, led by cricket, has doubled over the past four years, rising from ₹9,530 crore in 2021.

New Delhi: India’s top two-wheeler makers are bracing for pressure on margins and demand, as a surge in commodity costs linked to the ongoing West Asia war coincides with the impending withdrawal of electric vehicle (EV) subsidies. The twin blow has led to concerns that the companies, including TVS Motor, Bajaj Auto and Hero MotoCorp, may be forced to raise prices, absorb cost pressures, or risk slowing adoption of EVs.Analysts and industry executives note that the removal of subsidies under the government's PM E-Drive scheme from April can lead to price hikes of up to ₹5,000 for electric two wheelers.

Mint.The shift began last year, when the firm sold its majority stake in human resources tech and services player PeopleStrong to the private equity arm of investment banking giant Goldman Sachs. The Mumbai-based company had first invested in PeopleStrong in 2017 from its Fund II, which was sized at $555 million, according to private market data intelligence platform PitchBook.“We bought a services business and pretty much spent all the R&D dollars to really build the products business and make it successful,” said Gaur.The same year, the firm acquired a majority stake in digital engineering services QBurst in a $200 million deal, marking its first bet in the segment.

₹6,835 crore (about $735 million) from five foreign banks to fund its ₹91,000 crore semiconductor fabrication (fab) facility in Gujarat. The lenders have put conditions on ownership, branding and equity that reflect their reliance on the Tata Group’s credit profile and the tight financing terms shaping India’s chip manufacturing push, according to company filings and executives aware of the matter.The lenders have stipulated that the Tatas retain a 51% stake in TSML, the wholly owned subsidiary of the privately held Tata Electronics, and continue using the ‘Tata’ brand, according to documents filed with the ministry of corporate affairs.

cheque bounce and NPA matters, is not just a legal problem but an economic bottleneck.“The approach is to move from a litigation-heavy enforcement model to a resolution driven framework. Reducing pendency in cheque bounce cases means unlocking stuck money, easing pressure on banks, and improving credit circulation, each of which has a direct bearing on economic growth,” Said Gauhar Mirza, partner at law firm Saraf and Partners.A similar meeting was last held on 5 February 2026, during which discussions centred on measures to settle one-third of the total pending accident claim cases in tribunals and high courts across India.Emails sent to the finance ministry, IBA, General Insurance Council, MCPC and NALSA remained unanswered till press time.Abhishek Singhvi, senior advocate at the Supreme Court, and Rajya Sabha member, said, “India, with the best and the brightest in its legal ecosystem, and despite avant garde doctrines like basic structure and PIL (public interest litigation), suffers the ignominy of humongous arrears and five crore plus case pendency.

“These disconnected issues do not take away the confidence in private banks,” said Pratik Shah, partner and national leader, financial services, EY India.Shah’s optimism also stems from stronger regulatory guardrails. He said the regulatory review and oversight process has only got better and more robust over the last few years, and there have been cases where the regulator has not been shy about imposing fines or even shutting down businesses.“I think the environment around us is becoming more and more complex, and business risks are manifesting themselves in a different manner.

L&T, said in a press briefing on Saturday, the company’s first major status update since the US-Israel-Iran war broke out on 28 February.Most of the work suspension has been voluntary, he said, to ensure the safety of the company’s staff. At two sites, customers recommended temporarily halting work, he added.The company has not yet evacuated any staff from the region, but it is also not sending new people there from India at the moment, he said.

garment manufacturing—especially in the domestic market—has relied on company-defined specifications rather than nationally harmonized benchmarks.India’s shirt market, valued at over ₹39,000 crore and dominated by men’s wear (94%), is expanding steadily, with women’s segments growing at an 11% CAGR (compound annual growth rate), while the trouser market is also witnessing strong growth, driven by rising incomes and urbanization, and is projected to reach ₹78,480 crore by 2027.This assumes significance as India is a major exporter of shirts, with outbound shipments of men’s and boys’ shirts rising from $1.06 billion in FY24 to $1.08 billion in FY25, while exports of women’s shirts increased from $1.04 billion to $1.10 billion during the same period. Despite this, the new standards are unlikely to alter export volumes, as manufacturers will continue to follow the sizing and specification norms of importing countries, while ensuring compliance with BIS requirements for the domestic market.Similarly, exports of men’s trousers rose from $1 billion in FY24 to $1.12 billion in FY25, while women’s trousers saw a sharper increase from $2.84 billion to $3.10 billion during the same period, underscoring India’s strong presence in the global apparel trade.“A uniform standard will benefit exporters, as different buyers currently impose varying testing standards, increasing compliance costs.

French alcohol major Pernod Ricard recently appointed Debasree Dasgupta as chief marketing officer of its India arm. She moved back to the country from Sweden, where she was Pernod Ricard’s global vice-president and chief marketing officer for Absolut, the firm's vodka brand.This month, Pernod Ricard launched a brand new campaign for its premium whisky brand Blender’s Pride, featuring international runway models Avanti Nagrath, Kirandeep Chahal and Mahieka Sharma, aiming to cement the brand’s 20-year association with ‘success’ and fashion.How does this help Blender’s Pride maintain pole position in the competitive premium whiskey business? Edited excerpts:I landed very recently, in February this year, but I am extremely excited to come back to such a booming market.

Indian trade negotiators and diplomats soliciting foreign investment never miss an opportunity to showcase the country’s swelling middle and its robust legal system as the cornerstone of a vibrant democracy. Data emerging from recent research, however, shows both these bragging points to be over-wrought and unsaleable today.The size of India’s vaunted middle-class is projected to go from 500 million individuals currently to over 700 million in 4-5 years.

₹60,000 crore in revenue, or closer to ₹80,000 crore when the broader Indian ceramic industry is counted. India is the world’s second-largest tile manufacturer, behind China, and Morbi is the engine of that position.The industry’s growth has tracked India’s real estate expansion with unusual fidelity.