India Financial News

Despite gaining four points to take their tally to 114 overall, India’s PCT slipped from 57.29 to 55.88 with only their second draw in the ongoing WTC cycle. Australia also had their PCT shrink from 60.71 to 58.88 with this edition’s second draw.

They raised slogans such as 'Jai Bhim', 'Sangh ka Vidhan nahi chalega' and 'Amit Shah maafi maango'. MPs of the Congress, DMK, RJD, the Left, AAP, among others, participated in the protest.

Subscribe to enjoy similar stories. Companies in India are increasing diversity hiring for roles ranging from software development to mechanical engineering as they try to come across to investors and the public as forward-thinking entities with good corporate governance norms. Placement officers from at least four colleges in India have hinted that diversity hiring for the batch of 2025 has risen from last year, in addition to the general recruitment of engineering students.

Subscribe to enjoy similar stories. The Indian stock market has been in a correction phase since September. Despite this, a few mid-cap and small-cap stocks have managed to shine, proving to be strong and reliable picks for investors and traders.

Subscribe to enjoy similar stories. The year 2024 was far from stellar for Indian stocks, particularly in retaining foreign investment. Towards the end of the year, as markets experienced a significant correction, foreign institutional investors (FIIs) began pulling their funds from Indian equities.

«We are continuing to take steps to further knock down barriers to private sector cooperation, and importantly, we are in the process of finalising national security memorandum that will update our own export control policies under the Missile Technology Control Regime (MTCR),» Finer said. Finer, Deputy Secretary of State Kurt Campbell and Indian Ambassador to the US Vinay Kwatra visited Houston on Tuesday and met the astronauts of the Indian Space Research Organization (ISRO) who are training at NASA's Johnson Space Center to execute a joint effort of the International Space Station next year.

Subscribe to enjoy similar stories. Even as hopes grow of the Federal Reserve cutting rates, the US central bank may have a happy problem. Economic growth just isn’t weakening enough for it to justify continued cuts.

Kuwait is also home to a large Indian diaspora and was a key supplier of liquid medical oxygen to India during the deadly Delta wave of Covid in 2021. There are plans to put in place a maritime component to the partnership. Regional developments including the situation in Gaza and Syria are expected to figure in the discussion agenda during the PM’s visit.

Here's breaking down the pre-market actions:

shareholders have rejected automotive components manufacturer Automotive Axles' proposed transaction with an affiliate company, according to the voting results published by the company. Automotive Axles, a joint venture between the Kalyani Group and Cummins, had sought shareholder approval for transactions worth ₹2,500 crore in FY26 with Meritor HVS India (MHVSIL). About 79% of public institutional investors and 88% of non-institutional investors voted against the resolution, the exchange filing said. Proxy advisory firms opposed the proposal, arguing that the business should be conducted directly through the listed company to benefit all shareholders, rather than through a joint venture.

Online platform Ixigo reported an 80-100% year-on-year (YoY) increase in bookings to destinations such as Thailand, Vietnam, Bali, and London. Agoda supported this trend, noting a 53% surge in international accommodation searches. Cleartrip observed a 1.2x jump in international leisure travel, with Southeast Asia and the Middle East emerging as key regions. Emerging destinations are a highlight this year. MakeMyTrip recorded 248% growth in searches for Azerbaijan and 100% growth for Malaysia. Similarly, Cleartrip observed spikes in bookings for Manila (2.5x) and Tbilisi (1.7x), alongside strong growth for Bali (2.6x) and Phuket (2.3x).

Sebi) Tuesday barred foreign portfolio investors from issuing offshore derivative instruments (ODIs), locally referred to as participatory or P-notes, which have an India-listed security as an underlying asset. Additionally, the regulator prohibited overseas funds from hedging ODIs with derivative positions on Indian stock exchanges. Furthermore, Sebi asked foreign portfolio investors (FPI) issuing ODIs to obtain ownership information of all the investors holding such instruments.

Sri Lankan President Anura Kumara Dissanayake said his government is not concerned with Adani Group's dealings with other countries, but is instead focused only on what the conglomerate does in Sri Lanka. He said his «stable government» intends to «pave the way» for more Indian investments. «We don't have any concerns over how they (Adani) work with other countries. What is important for us is how they work with us,» Dissanayake told ET in an exclusive interview on Tuesday. «We are basically concerned about our investments, our development. We will be looking at how they have worked in our country. If they have worked in a manner that suits us, fits our initiatives, we don't mind working with Adani Group.» Also Read: No compromise on India's security, seeks stronger ties, says Sri Lanka's President

Subscribe to enjoy similar stories. ‘The Lovers’, a Francis Newton Souza artwork that made headlines at an auction of South Asian Modern and Contemporary Art by Christie’s in New York in March, is one of the 10 most expensive paintings sold by the iconic British auction house this year.

Subscribe to enjoy similar stories. After Sony Pictures Networks India’s $10-billion merger with Zee Entertainment fell apart earlier this year, the network’s new managing director and CEO, Gaurav Banerjee, is rolling out a bold strategy to reset operations. Banerjee, known for his sharp programming instincts, has zeroed in on three priorities—reviving Sony Entertainment Television (SET), ramping up premium live sports, and driving subscriptions on SonyLIV.

Subscribe to enjoy similar stories. The minority shareholders of the Kalyani Group company Automotive Axles Ltd (AAL) have rejected related party transactions with Meritor HVS India Ltd (MHVSIL), potentially disrupting its operations. This decision was influenced by concerns raised by proxy advisory firms about transparency and potential erosion of shareholder value.

HDFC Bank and Tally Solutions to help startups growth. Under the MoU with the bank, startups will benefit from customised banking and financial products designed to cater to their specific requirements, such as working capital, credit access, and cash flow management. Sumeet Kumar Jarangal, director of Startup India, said by leveraging the bank's expertise and resources, DPIIT aims to provide startups with seamless access to financial services and innovative solutions. «This collaboration will not only effectively combat the critical challenges like funding and financial management but also create a conducive environment for startups to innovate and flourish in a result-oriented manner,» he said.

Bengaluru is set to experience its coldest December night in over a decade this week, with temperatures predicted to drop to 10°C, breaking an over a decade-old record. The India Meteorological Department (IMD) forecasts that this temperature could be the lowest since 2010, surpassing the city's previous coldest December night in 2011.

IEEMA and Chairman of ELECRAMA 2025, said. “Presently, the industry size is USD 70 billion in India, with USD 12 billion in exports. We are poised to grow to a USD 130 billion industry with exports of USD 25 billion by 2030,” Vikram Gandotra told ET. ELECRAMA 2025, the world's largest electrical show, will take place from February 22 to 26, 2025, in Greater Noida. A flagship showcase of the Indian Electrical & Electronics Manufacturers' Association (IEEMA), in collaboration with the Union Ministry of Heavy Industries, it will bring together industry leaders, innovators, and policymakers from around the world. The event will feature exhibitions, technology showcases, networking opportunities, and events that will serve as a springboard for the Indian electrical industry.

DIGI-EXAM system to check impersonation, multi-stage and multi-session testing, test centre allocation policy, setting up secured test centres in each district and mobile testing centres in rural and remote areas are among the recommendations made by the Centre's high-level panel on exam reforms. The report by the seven-member panel headed by former Indian Space Research Organisation (ISRO) chief R Radhakrishnan was made public on Tuesday. The panel noted that there was a strong case for transition from pen-and-paper based tests to Computer Based Test (CBT) as the preferred methodology while the challenges in reaching out to underserved areas could be network, test infrastructure and competent human resources. The panel recommended the introduction of a DIGI-EXAM system on the lines of DIGI-YATRA to ensure that only the candidate writing the exam joined the intended programme.

Indian defence forces are aiming to expand their assets in space and bolster the strength of the agencies responsible for these tasks. A detailed presentation was recently made by the Department of Military Affairs (DMA) to senior Defence Ministry functionaries in the presence of service chiefs and key stakeholders from the Indian Space Research Organisation (ISRO) and the Defence Research and Development Organisation (DRDO). Government officials told that the defence forces are focusing on enhancing the number of space-based assets and the necessary ground infrastructure to support them.