India Financial News

Chandrababu Naidu on Thursday said that once the construction of the proposed capital of the state, Amaravati, was completed, the state would become a prime destination for filmmaking.

GTRI on Thursday called for a comprehensive assessment of the Indian steel industry to evaluate the impact of existing import measures before imposing the proposed safeguard duty. The Global Trade Research Initiative (GTRI) report has also claimed that the commerce ministry's ongoing safeguard investigation into alleged jump in imports of certain steel products suffers from «several» technical weaknesses such as focus on products with minimal import surges, and inappropriate use of global safeguards.

Xiaomi India has appointed Sandeep Singh Arora as its chief business officer, strengthening its leadership team following the exit of company president Muralikrishnan B.

electric SUV, which is expected to launch at the 2025 Bharat Mobility Global Expo. This marks the company’s third electric vehicle (EV) in India and will replace the discontinued Hyundai Kona Electric. Positioned as a competitor in the rapidly growing EV segment, the Creta Electric will challenge dominant players like Tata Motors and join Hyundai's existing Ioniq 5 in the market.

renewable energy (RE) capacity addition could exceed 35 gigawatts (GW) in 2025 on the back of a strong project pipeline, favourable solar photovoltaic module prices, and an increase in wind manufacturing capacity, according to some industry executives.

«I guess 2025 will perhaps not see acceleration in growth slowdown, but more of the same of 2024 would likely continue, that is how I kind of think of how macro would evolve,» says Maneesh Dangi, Macro Mosaic Investing. So, tell me, is it going to be as happy in the year ahead or not because the macros definitely have gotten wobbly, some of it is already in the price in the year gone by, but what is lined up ahead? Maneesh Dangi: I guess in 2024, the macro sort of evolved, surprisingly that US continued to stay strong, but India certainly weakened a lot more than what most of us anticipated. And I guess since these growth trends to last for longer than six-eight months, it is more likely than not that India would continue to stay in a slow lane. At some point in time, hopefully US slows and then gives us breathing space to cut rates and ease regulatory environment, and of course, that perhaps would put a floor to the growth slowdown. So, I guess 2025 will perhaps not see acceleration in growth slowdown, but more of the same of 2024 would likely continue, that is how I kind of think of how macro would evolve.

Maharashtra Real Estate Regulatory Authority (MahaRERA) has revised the minimum eligibility criteria for forming a Self-Regulatory Organization (SRO) that are expected to help ensure regulatory compliance among property developers.

Au Small Finance Bank Ltd. traded 0.51 per cent in Thursday's session at 11:52AM (IST). The stock opened at Rs 568.70 and has touched an intraday high and low of Rs 570.70 and Rs 562.05, respectively, during the session so far. The stock quoted a 52-week high of Rs 813.00 and a 52-week low of 534.00. About 12,975 shares changed hands on the counter so far.

Colgate-Palmolive (India) Ltd. traded 1.01 per cent in Thursday's session at 11:57AM (IST). The stock opened at Rs 2702.00 and has touched an intraday high and low of Rs 2733.50 and Rs 2694.45, respectively, during the session so far. The stock quoted a 52-week high of Rs 3893.00 and a 52-week low of 2380.05. About 7,756 shares changed hands on the counter so far.

Rohit Sharma's career as a Test cricketer seems headed for a dispiriting climax amid swirling speculation that his place is not confirmed for the final Test against Australia starting here on Friday. Rohit, just like Melbourne, was last among recognised batters to enter the nets but this was after head coach Gautam Gambhir refused to confirm whether the out-of-form skipper will be at the toss on Friday morning.

Varun Beverages Ltd. traded 0.85 per cent in Thursday's session at 12:02PM (IST). The stock opened at Rs 651.80 and has touched an intraday high and low of Rs 663.70 and Rs 648.25, respectively, during the session so far. The stock quoted a 52-week high of Rs 682.84 and a 52-week low of 478.48. About 43,211 shares changed hands on the counter so far.

Bajaj Holdings & Investment Ltd. traded 0.47 per cent in Thursday's session at 11:47AM (IST). The stock opened at Rs 11871.75 and has touched an intraday high and low of Rs 12015.65 and Rs 11828.30, respectively, during the session so far. The stock quoted a 52-week high of Rs 13221.50 and a 52-week low of 7667.15. About 856 shares changed hands on the counter so far.

Maha Kumbh Mela 2025 is scheduled to commence on January 13 with the Paush Purnima Snan and conclude on February 26 with Maha Shivratri. Renowned as one of the most significant festivals in Hinduism, also known as Sanatan Dharma, the Maha Kumbh occurs once every 12 years. This grand event will be celebrated at the Triveni Sangam in Prayagraj, Uttar Pradesh, where the sacred rivers Ganga, Yamuna, and the mythical Saraswati meet.

Subscribe to enjoy similar stories. MUMBAI : Rohan, a successful non-resident Indian (NRI) tech professional, believed he was taking the right steps toward financial growth by diversifying his investments. Over time, his portfolio expanded to include a rental property in India bought at peak prices, global ETFs (exchange-traded funds) acquired during a bull run, and high-risk debt instruments.

Voltas Ltd. 0.38 per cent to Rs 1832.00 in Thursday's trade as of 11:01AM (IST). The stock hit a high price of Rs 1850.95 and low of Rs 1816.40 during the session.

Ashok Leyland Ltd.(up 3.38 per cent), Maruti Suzuki India Ltd.(up 2.86 per cent), Mahindra & Mahindra Ltd.(up 2.73 per cent), TVS Motor Company Ltd.(up 1.83 per cent) and Eicher Motors Ltd.(up 1.45 per cent) were among the top gainers.

United Spirits Ltd. traded at Rs 1679.00 on BSE at 10:56AM (IST) on Thursday, 1.34 per cent from previous close. The stock quoted a 52-week low price of Rs 1055.65 and a high of Rs 1684.00.

KM Sugar Mills Ltd.(up 3.53%), Kothari Sugars & Chemicals Ltd.(up 2.01%), Bannari Amman Sugars Ltd.(up 1.54%), Simbhaoli Sugars Ltd.(up 1.40%), Sakthi Sugars Ltd.(up 1.15%), Ponni Sugars(Erode)Ltd.(up 0.93%), Mawana Sugars Ltd.(up 0.73%), Rajshree Sugars & Chemicals Ltd.(up 0.33%) and Uttam Sugar Mills Ltd.(up 0.02%) were among the top gainers.

Raymond Ltd.(up 2.87 per cent), Phoenix Mills Ltd.(up 1.26 per cent), Brigade Enterprises Ltd.(up 0.82 per cent) and Mahindra Lifespace Developers Ltd.(up 0.16 per cent) were among the top gainers.