India Financial News

H-1B visas, a long-contentious issue in American labor and immigration policy. The debate has drawn fresh attention, particularly towards Sriram Krishnan, an India-born venture capitalist and newly appointed senior policy advisor for artificial intelligence in Trump's camp. Critics accuse Krishnan and similar figures of prioritizing immigration policies that allegedly displace American workers.

Zoho Corporation's CEO Sridhar Vembu has sparked the 70-hour work week debate once again by backing Infosys co-founder Narayan Murthy.

Avenue Supermarts Ltd. traded 1.29 per cent up at Rs 3555.60 at around 10:10AM (IST) on Friday. The stock had closed at Rs 3510.25 in the previous session. Equity benchmark Sensex traded 512.87 points at 78985.35 around the same time.

Bajaj Broking has a buy call on Himadri Speciality Chemical with a target price of Rs 687. The current market price of Himadri Speciality Chemical is Rs 561.1. Himadri Speciality Chemical, incorporated in 1987, is a Mid Cap company with a market cap of Rs 27832.34 crore, operating in Chemicals sector. Himadri Speciality Chemical's key products/revenue segments include Carbon Materials, Power for the year ending 31-Mar-2024.

Manmohan Singh's contributions as the architect of India's economic reforms have left an indelible mark, RBI Governor Sanjay Malhotra said on Friday as he paid tribute to the departed soul. Singh, the former prime minister and finance minister, also served as the RBI governor between 1982 and 1985.

Bharat Forge Ltd. rose 1.46 per cent to Rs 1334.10 in Friday's trade. It hit an intraday high of Rs 1338.50 and low of Rs 1310.35, respectively, during the day. The stock quoted a 52-week high price of Rs 1826.20 and low of Rs 1063.40.

Choice International shares may be in focus on Friday after the company announced that it has received in-principle approval from the market regulator, the Securities and Exchange Board of India (SEBI) for setting up a mutual fund. “With reference to the above subject, we wish to inform you that the Company has received an In-Principle approval from the Securities and Exchange Board of India (SEBI) vide their letter dated December 26, 2024, for sponsoring/setting up of Mutual Fund,” said Choice International in its filing to the exchanges.

Indian market is likely to trade higher on Friday, tracking positive global cues. The Nifty futures closed in the negative with losses of 0.09%, at the 23,748 levels on Thursday.

United States deported one Indian every six hours in 2024, according to the US Immigration and Customs Enforcement (ICE) Fiscal Year 2024 Annual Report released on December 19. The number of Indians deported saw a dramatic 400% increase, rising from 292 individuals in 2021 to 1,529 in 2024. This rise is part of a broader trend of heightened enforcement, with total deportations reaching 2,71,484 globally in 2024, compared to 59,011 in 2021.

Sensex and Nifty are poised to end 2024 with 9-10% gains despite all the negative impact of geopolitical troubles, weak earnings in H1FY25 and fractured mandate in Lok Sabha elections. Would you expect double-digit gains in 2025? Despite challenges from geopolitical tensions, weak earnings in the first half of FY25, and a split political mandate, India’s equity markets have displayed remarkable resilience. This strength underscores the country’s robust long-term growth fundamentals, driven by strong domestic consumption, structural reforms, and an expanding investor base. <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-116673646»>Looking ahead at 2025, we remain cautiously optimistic. While double-digit gains are possible, the trajectory will depend on factors like global macroeconomic trends, corporate earnings recovery, the pace of domestic reforms, and geopolitical stability. Markets are inherently volatile, and we must be prepared for fluctuations. Our focus rema

Oil prices were little changed on Friday but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world's biggest oil importer. Brent crude futures fell 1 cent to $73.25 a barrel by 0145 GMT. U.S. West Texas Intermediate crude was at $69.60, down 2 cents, from Thursday's close. However, on a weekly basis, Brent was up 0.4% while WTI rose 0.2%.

wild buffalo. The clip has gone viral on X, gaining more than 5.9 million views.

ACME Solar Holdings shares may grab attention on Friday as the company’s subsidiary ACME Renewtech secured financing of Rs 1,988 crore from Power Finance Corporation (PFC). Additionally, ACME Solar has also won a 300 MW SECI ISTS solar project.

buy call on Navin Fluorine International with a target price of Rs 4,270. The current market price of Navin Fluorine International Ltd. is Rs 3355. Navin Fluorine International, incorporated in 1998, is a Mid Cap company with a market cap of Rs 16746.38 crore, operating in Chemicals sector. Navin Fluorine International's key products/revenue segments include Chemicals, Sale of services, Scrap and Export Incentives for the year ending 31-Mar-2024.

In an interview with ETMarkets, Bharadia said: “Dual taxation through STT and capital gains taxes may deter retail participation and shift investments elsewhere,” Edited excerpts:

Subscribe to enjoy similar stories. Go hard, boys, go hard!" P.R. Sreejesh’s booming voice cut right through the heavy beats of the Punjabi hip-hop song blaring through the speakers of the spacious, well-equipped gym at Kalinga Stadium in Bhubaneswar, Odisha.  Then Sreejesh strode to a bar loaded with 80 kilos worth of plates to rep some fierce deadlifts with perfect form, earning a roar of approval from the 20-odd players of the Indian hockey team at the gym.

Subscribe to enjoy similar stories. Looking for an online serial to binge-watch in the run-up to 2025? Viewers with a literary bent need look no further than One Hundred Years of Solitude, the Netflix version of Gabriel García Márquez’s 1967 novel directed by Alex García López Laura Mora. Those with even a casual interest in finance, high or low, might be better rewarded by watching Industry.

Bitcoin slipped below the $95,000 mark on Tuesday and was trading at $94,035.31 around 1 pm India time, going down by 1.3% over the past 24 hours. After a cracking rally following President-elect Donald Trump’s re-election, BTC has been in consolidation mode and has corrected by 13% from its all-time high of $108,268.45. However, most major altcoins were trading positively around this time with gainers including Ethereum (ETH), XRP, BNB, Solana, Dogecoin, Cardano, Shiba Inu, Toncoin and Avalanche. They were higher by up to 7% around this time. Tether was flat though the bias was negative.

credit growth to support economic expansion, a central bank report said, which compared the country's total debt to gross domestic product (GDP) metric with the ratios for both advanced and emerging markets to arrive at what it described as an 'optimal' threshold. «India's total credit-to-GDP ratio (including credit extended by banks as well as NBFCs) at 90.1% in 2022 was below that of AEs and emerging market economies (EMEs) as well as the estimated threshold (of 113.1%),» said a note published Thursday in the latest report on Trends and Progress in Banking.