India Financial News

Subscribe to enjoy similar stories. In the evolving landscape of global economics, the world’s three largest economies (by purchasing power parity) confront distinct yet interconnected challenges. India is plagued by electoral populism, China with excessive government interference and the US is embracing protectionism.

Subscribe to enjoy similar stories. My first car was a Maruti 800, as it was for millions of Indians who discovered the joys of driving with this wonder car. This little marvel not only revolutionised personal mobility but also laid the foundation for India’s automotive revolution, putting an entire subcontinent on wheels.

Subscribe to enjoy similar stories. Kati Patang Lifestyle, a maker of craft beer that recently listed on the exchanges through a share swap, plans to scale up operations and become an incubator by adding small alcohol businesses to its portfolio. The New Delhi-based company will expand its business, both organically and inorganically, in the next two years, co-founder Shantanu Upadhyay toldMint.

Republic Day 2025 marks India’s celebration of its adoption of the Constitution, an occasion that resonates with national pride and unity. This year’s festivities promise grandeur and innovation, like ever year, showcasing the country’s rich cultural heritage, technological advancements, and the spirit of democracy. The celebrations will include the iconic Republic Day Parade at Kartavya Path, featuring spectacular tableaux from states and union territories, breathtaking military displays, and cultural performances by schoolchildren. The Beating Retreat ceremony, a historic tradition held at Vijay Chowk, will cap the celebrations, featuring mesmerising performances by military bands and a poignant display of patriotism.

Subscribe to enjoy similar stories. The paint industry, long an oligopolistic stronghold with high entry barriers, is undergoing a shift. The entry of new players and evolving market dynamics have intensified competition, leaving established players scrambling to defend their turf.

Subscribe to enjoy similar stories. A year into his undergraduate degree in economics at Cambridge, Manmohan Singh found his scholarship from Punjab University was not adequate for his expenses there. He occasionally had to resort to skipping meals or making do with a Cadbury’s bar.

Tata Power Company Ltd. traded at Rs 391.70 on BSE at 12:22PM (IST) on Wednesday, 0.17 per cent from previous close. The stock quoted a 52-week low price of Rs 319.80 and a high of Rs 494.85.

Adani Energy Solutions Ltd (AESL). The tenders were floated as four packages in August 2023 for providing the smart meters under the central government's revamped distribution sector scheme.

Cholamandalam Investment & Finance Company Ltd. 0.27 per cent to Rs 1183.30 in Wednesday's trade as of 12:27PM (IST). The stock hit a high price of Rs 1199.95 and low of Rs 1175.65 during the session. The return on equity (ROE) for the stock stood at 17.45 per cent. Traded volume on the counter stood at 12:27PM shares and turnover at Rs 0.95 crore around that time. The stock of Cholamandalam Investment & Finance Company Ltd. quoted a 52-week high price of Rs 1650.00 and 52-week low prices of Rs 1011.50, respectively.

UltraTech, has announced the appointment of new leadership for the company, following the exit of its former promoters including N Srinivasan as Managing Director & CEO from the South-based cement maker. The board of India Cements Ltd (ICL) has approved the appointment of Suresh Vasant Patil as CEO and Krishnagopal Ladsaria as CFO, the company said in a regulatory filing.

ICICI Lombard General Insurance Company Ltd. 0.48 per cent to Rs 1795.90 at 12:12PM (IST) in Wednesday's trade. The stock has hit a high of Rs 1796.50 and low of Rs 1766.45 so far during the session. The stock had closed at Rs 1787.15 in the previous session. The counter has had a total traded volume of 1264 shares so far with a value of Rs 0.23 crore on the NSE. It traded at a price-to-earnings multiple of 39.92 and a price-to-book ratio of 6.80.

equity mutual funds have offered over 20% return in 2024. Around 71 new funds were launched in the said period.

Blinkit CEO Albinder Dhindsa expressed astonishment over an unusual trend: grapes had become one of the highest-ordered items on the 10-minute delivery platform. “What’s with the sudden craze for grapes today?? It’s one of the highest ordered items on the platform since morning! We’ve already delivered 7x more grapes than we do on a regular day,” Dhindsa tweeted.

<a rel=«dofollow» href=«https://economictimes.indiatimes.com/divi» s-laboratories-ltd. data-ga-onclick=«Inarticle articleshow link click#Markets#href» target="_blank">Divi's Laboratories Ltd. 0.58 per cent to Rs 6063.90 at 12:17PM (IST) in Wednesday's trade. The counter hit a high of Rs 6134.95 and low of Rs 6062.40 so far during the session. The stock had closed at Rs 6099.75 in the previous session. The counter had a total traded volume of 12:17PM shares so far with a turnover of Rs 1.23 crore on BSE. The stock traded at a price-to-earnings multiple of 87.84 and a price-to-book ratio of 6.71.

Subscribe to enjoy similar stories. NEW DELHI : India's stock market had another winning year, but the gloss of 2024 came with cautionary tales. A ninth straight year of gains for the Nifty 50, up 9%, extended the benchmark’s unprecedented streak.

Subscribe to enjoy similar stories. MUMBAI : While sectors like financials and information technology (IT) are stealing the spotlight with bullish predictions, metals seem to be the market's underdog. Several fund managers either recommend steering clear of the sector or keeping exposure to a minimum.

Subscribe to enjoy similar stories. The Reserve Bank of India (RBI) recently released figures for net household financial savings (flow) during 2023-24. These savings stood at 5.3% of gross domestic product (GDP), up slightly from 5% in 2022-23.

Subscribe to enjoy similar stories. Ola Electric Mobility Ltd's stock has fallen by nearly 10% after it said on 25 December that it would expand its network to 4,000 outlets from 800 to improve customer service. While this should have been perceived as a positive, within 48 hours of the announcement, a fresh problem cropped up.

Subscribe to enjoy similar stories. Earlier this year, Delhi-based Rohini Devasher became the first Indian to be recognised by Deutsche Bank as their ‘Artist of the Year’ for 2024. This led to her first major monographic exhibition in Europe, ‘Borrowed Light’, which opened in Berlin at the PalaisPopulaire in September and will be on display till early March.