India Financial News

29.11 / 17:15
markets Provident Extreme security country International Security agencies should focus on emerging security challenges along eastern border: Amit Shah
The focus should be on emerging security challenges along the eastern border, immigration and trends in urban policing, Shah was quoted as saying in an official release. The home minister's statement bears significance as India's eastern neighbour Bangladesh has seen unrest following the ouster of its then prime minister Sheikh Hasina and an interim administration taking charge in August.
29.11 / 15:39
markets Provident Google security Strategy economy country PM Modi visualises women-led economic growth for India: FM Nirmala Sitharaman
Nirmala Sitharaman on Friday asserted that PM Narendra Modi was of the view that women would steer economic growth in the country, which was on its way to becoming the third largest economy in the world. She was speaking at a credit outreach programme held in the north Bihar town of Darbhanga, where loans for Rs 1,388 crore were provided to 49,137 beneficiaries by various banks. Among those present were Union minister Chirag Paswan and Deputy Chief Minister Samrat Choudhary, among others. Sitharaman said, «Earlier, PM Modi used to tell me that the Union budget should be women-centric. But now he says the budget should be one that visualises women in leadership roles.»
29.11 / 15:39
markets Manufacturing Google Strategy awards country electronic Dixon Technologies partners with Taiwan's Compal Electronics to make Google Pixel devices in India
Dixon Technologies Friday said it has entered into an agreement with Taiwanese original design maker Compal Electronics to make Google Pixel devices in India, as the US major strives to gain a foothold in the world’s second largest smartphone market. Dixon becomes the second contract manufacturer for Google who had started making Pixel phones locally with Foxconn subsidiary Wow Tech at their Chennai facility. “This is a significant opportunity for Dixon and marks an exciting step in our growth and commitment to delivering cutting edge, high quality products to the global and domestic market,” Atul B. Lall, Vice Chairman of Dixon Technologies said in a notice to the stock exchanges.
29.11 / 15:27
COST CEO Platform Enterprise Healthcare hospital reports Aster DM, Blackstone-backed Quality Care announce merger in $5 bn deal
Subscribe to enjoy similar stories. A mega merger, the largest in Indian healthcare, announced on Friday just created a Top 3 ranker in India’s hospital industry. Bengaluru-based Aster DM Healthcare announced a merger with Blackstone-backed Quality Care India Limited (QCIL) in a deal that will value the combined entity at $5.08 billion ( ₹43,000 crore).
29.11 / 15:27
Provident Manufacturing economy Align show reports testing RBI’s GDP projections on test as India’s Q2 GDP growth falls short
Subscribe to enjoy similar stories. The Indian economy experienced a big jolt in the July-September quarter of 2024-25, with the real GDP growth rate slowing to 5.36%, the lowest in seven quarters, data released by the statistics ministry on Friday showed. Not only was this sharply lower than the projection of 7% by the Reserve Bank of India but also lower than the median estimate of 6.5% by 26 economists in a Mint poll.
29.11 / 14:43
markets Provident Target Strategy Trade Experts reports Market in limbo: May wait for direction till February
Subscribe to enjoy similar stories. The benchmark Indian equity indices have shown little movement over the past month, and market experts suggest that the lack of fresh triggers may keep the market range-bound in the near term.
29.11 / 14:29
markets Golf country Inside travelers International Sporting Golf tourism: A swinging good time
Subscribe to enjoy similar stories. Till the other day, golf was somewhat elitist and therefore, eminently aspirational. Then the pandemic happened.
29.11 / 14:03
markets Digital awards Experts AVP show Q2 growth shocker puts pressure on RBI to cut rates
Gross domestic product grew 5.4% in the three months to September from a year earlier, the Statistics Ministry said in a statement on Friday. That’s the worst reading since the fourth quarter of 2022 and much lower than the central bank’s projection of 7% for the period. None of the 44 economists surveyed by Bloomberg had predicted such a slow pace of expansion. Bonds rallied as traders now expect the central bank to start loosening monetary policy. The yield on the 10-year benchmark bond fell 6 basis points to 6.74%.
29.11 / 14:03
markets Provident Cooper Strategy economy Experts PAM Mission Arun Himveer boosts market linkage for Arunachal’s agri-horti produce
Mission Arun Himveer took off with the signing of a Memorandum of Understanding (MoU) between the Arunachal Pradesh Agriculture Marketing Board (APAMB) and the Indo Tibetan Border Police (ITBP), North East Frontier. Under the initiative the state government through APAMB will supply fruits, vegetables, meat and poultry products to the ITBP procured from local farmers, SHGs, FPOs and farmer cooperatives. This follows the first such understanding made between the state government and the Indian Army in August 2022. Till date around 400 tons of fruits and vegetables worth Rs 72 lakhs were lifted by LAMPS from indigenous farmers for supply to the Indian Army.
29.11 / 14:03
markets Citizens Aware Election Experts country Those who consider power their "birthright" have not had power for last decade: PM Modi's jibe at Congress
Addressing party workers in Bhubaneshwar, Odisha, PM Modi accused the Congress of «misleading» the citizens of the country and said that out of anger, the party is busy «plotting» against the country. He urged the party workers to keep an eye on such situations and make people aware to expose their lies.
29.11 / 14:03
markets Digital Trade Experts AVP country voice Lost some trust at MC13, will work to deliver on investment pact: Reappointed WTO DG
World Trade Organization (WTO) Ngozi Okonjo-Iweala Friday said that in the short to medium term, she would like to work to deliver on the Investment Facilitation for Development (IFD) and that some of the trust which was built at the 12th ministerial conference (MC12), was lost in MC13. WTO members Friday appointed incumbent Okonjo-Iweala as DG the organization for a second term. Her second four-year term will begin on September 1, 2025. Okonjo-Iweala took office as DG in March 2021 and is the first African and the first woman to serve as the head of the global trade watchdog. On IFD, she said in a statement: “We have to find a way forward to handle the concerns of the few members who continue to voice reservations on this matter.”
29.11 / 12:15
markets Digital Strategy Healthcare Experts PAM hospital Aster DM, Blackstone's Quality Care announces merger, to be among top 3 hospital chains in India
Aster DM Healthcare and Blackstone- owned hospital platform Quality Care India Ltd (QCIL) on Friday said they have signed definitive agreements for a merger. The merged listed entity will be named as Aster DM Quality Care Limited. Blackstone will be the largest shareholder in the merged entity with about 30.7% stake, Aster promoters will have around 24% and the rest will be held by public and other shareholders including TPG which will hold 10.22%
29.11 / 12:15
markets Target Digital Trade Experts War country How China can hit back at Trump: Target US firms, turn to India, Africa
Six years after Donald Trump started the first trade war with China, the US president-elect has named a series of China hawks to his administration and threatened 60% tariffs on Chinese goods, a level that would decimate trade between the two countries. The dilemma for China now is that its sizable trade surplus with the US means any direct countermeasures may have limited impact. China has already shown a willingness to use some asymmetrical steps against tariffs and trade restrictions from both the Trump and Biden administrations. Should the new threats become policy, Beijing may have to reach further into its arsenal, risking a conflict that could be even harder to contain.
29.11 / 12:15
WhatsApp country travelers cricket Champions Trophy: PCB sticks to 'No Hybrid Model' stance, meeting adjourned till Saturday
Champions Trophy schedule and will reconvene on Saturday after Pakistan once again rejected the 'Hybrid' model of hosting the event. The meeting was brief after Pakistan Cricket Board chief Mohsin Naqvi made it clear that the 'hybrid' model won't be acceptable despite India's firm refusal to travel to his country owing to a lack of government clearance.
29.11 / 12:14
UPS Booking Death love Freedom Colleges Nusrat F. Jafri's 'This Land We Call Home' defies every official definition of ‘Indiannness’
Subscribe to enjoy similar stories. The work of memoir is to move from the personal to the particular, to make sense of anecdotes and experiences in a way that makes sense of the world.Nusrat Jafri’s This Land We Call Home attempts this not with her life alone but with the collective story of her family, going through transformations of faith, caste and class. In her telling, she takes in wide swathes of India’s history, from the late 1800s to 2019.
29.11 / 12:05
markets Digital Death Research Experts Indus information Researcher's death in cave-in: Gujarat cops seek SOP details from IITs, ASI
Gujarat police on Friday said it was probing whether standard operating procedures were in place in connection with the November 27 trench cave-in near the Indus Valley Civilisation site of Lothal, which resulted in the death of a PhD student of Indian Institute of Technology Delhi. Deceased Surbhi Verma (23) and three other researchers were at the ancient Indus Valley Civilisation site, some 80 kilometres from Ahmedabad, for research work and collection of samples when a 10-foot deep trench caved in. «The joint team of IIT Delhi and IIT Gandhinagar had reached the spot to collect soil samples for paleoclimatic study. Surabhi, who was deep inside the pit, died instantly in the cave-in. A woman professor from IIT Delhi was rescued and two researchers from IIT Gandhinagar were unhurt,» said Ahmedabad District Superintendent of Police Om Prakash Jat. Koth police registered an accidental death case and began a probe, he added.
29.11 / 12:05
markets Citi Strategy Parke awards PAM techno park DLF to sell Kolkata IT park for Rs 637 crore
DLF Info City Developers (Kolkata) Ltd., a wholly owned subsidiary of DLF Cyber City Developers Ltd, the rental arm of DLF, has entered into definitive agreement to sell and transfer its Kolkata Tech Park 1 business undertaking to RDB Primarc Techno Park LLP ( An affiliate of Primarc & RDB group), for Rs 637 crore. “This is reflective of the value embedded in our core assets created over the years with good quality tenant partners and asset management. It also demonstrates our commitment to continuously enhance shareholder value,” said Sriram Khattar, Vice Chairman & MD, DLF Rental Business. Kolkata Tech Park 1 is one of the largest IT Park in eastern India with gross leasable area of approximately 1.49 million sq ft.
29.11 / 12:05
markets Provident Digital Citizens Experts PAM social Income tax: "Senior citizens above 75 years of age will no longer have to pay tax": Is it true? Know what govt says
PIB Fact Check posted on its social media X account, «A message circulating on social media claims that as India commemorates 75 years of its Independence, senior citizens above 75 years of age will no longer have to pay taxes.» PIB Fact Check stated that it is a fake. Which senior citizens are no longer required to file ITR?
29.11 / 10:29
UPS Digital WhatsApp Celebrity information reports Mint Quick Edit: Cyber cons go from digital arrests to wedding scams
Subscribe to enjoy similar stories. Even as people in India come to terms with the idea of a ‘digital arrest’, invented by scamsters acting like law enforcers to scare people out of their money, cybercriminals seem to have expanded their repertoire of tricks to swindle people online.
29.11 / 09:59
markets Digital Strategy Align Experts Diversity International Nasscom unveils 'The Developer's Playbook' for responsible AI in India
Nasscom has unveiled 'The Developer's Playbook for Responsible AI in India', amid challenges faced by developers in navigating complex and rapidly-evolving AI risk management landscape. The playbook offers a voluntary framework for developers to identify and mitigate the potential risks associated with the commercial development, deployment, and use of AI in India. «Recognising the challenges faced by developers in navigating the complex and rapidly evolving AI risk management landscape, the Nasscom Responsible AI Hub… unveiled The Developer's Playbook for Responsible AI in India,» Nasscom said in a release. The playbook was launched at the inaugural edition of Confluence for Responsible Intelligence (RICON) in New Delhi.
29.11 / 09:45
markets Digital Strategy Hyundai Experts information reports Hyundai Motor India refutes claims of Rs 7,300 crore fine over emission breach
Hyundai Motor India denied the media reports claiming that the company, along with other automobile manufacturers like Mahindra and Kia, could face a penalty of Rs 7,300 crore for breaching fleet emission levels. Hyundai refuted the reports and said that they are based on «extrapolations» that are not grounded in facts. The company pointed out that the articles were based on an incorrect assumption—that the 2022 amendments to the Energy Conservation Act, 2001 (EC Act), which impose stricter penalty norms, were in effect before January 1, 2023. According to HMIL, the new regulations only came into effect at the start of this year, and any claims of penalties prior to that are «fictional» and unsupported by the law.

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