India Financial News

India’s once busy SME-to-mainboard migration route has slowed sharply. Tougher rules, volatile markets and heightened governance scrutiny have cooled the graduation cycle that had gathered pace during the 2020–22 bull run.A higher eligibility bar introduced in 2025 by the National Stock Exchange raised the threshold for graduation, reshaping the scale at which companies can aspire to move up.The revised migration framework required small and medium enterprises (SMEs) to report revenue from operations exceeding ₹100 crore in the preceding financial year and maintain an average market capitalisation above ₹100 crore.

There’s a full fledged war going on between once-close neighbours Pakistan and Afghanistan. The two have been trading deadly shelling and mortar fire across their border, with Pakistan Defence Minister Khwaja Asif saying on Friday that his country’s patience had “run out” and declaring “open war” on its neighbour.

Jai Ho! The resounding A.R. Rahman composition from the Oscar-winning film Slumdog Millionaire played as Narayan Manepally, CEO of Geist Brewing Co. and Vidya Kubher, the brand’s head brewmaster, collected the Gold Award at the European Beer Star 2025 competition in Nuremberg, Germany, in September.

former professor of international trade stood before Parliament and borrowed from Victor Hugo: "No power on earth can stop an idea whose time has come. India is now wide awake."The life that produced that moment was itself a story of improbable journeys. Born in Gah, a village in Punjab now across the border in Pakistan, into a family of dried fruit traders, Singh lost his mother young and was raised by his paternal grandmother.

How to access: Install "Claude by Anthropic in PowerPoint" from the Microsoft AppSource Marketplace. Available on Pro, Max, Team, and Enterprise plans.• Generate complete slides from a natural language description, using your existing template• Convert bullet-heavy slides into editable diagrams, process flows, or charts - not static images• Rewrite and restructure a deck's storyline without touching the formattingExample: A strategy team needs to present a market entry proposal to leadership by morning.

order book can often speak louder than short-term price movements.It represents confirmed projects, assured revenue pipelines, and management’s ability to win and execute large contracts. When this order book outweighs the company’s own market capitalization, it signals a rare combination of strong demand and underappreciated scale.In this article, we spotlight the top four companies whose order books are larger than their market capitalization.The criteria: Return on equity (RoE) and return on capital employed (RoCE) above 12%, along with a debt-to-equity ratio below 1x.NBCC (India) Ltd is a Navratna Central Public Sector Enterprise under the aegis of the ministry of housing and urban affairs (MoHUA).The company provides value-added services in project management consultancy (PMC), engineering, procurement and construction (EPC) and real estate development.

From gross domestic product (GDP) growth easing in the December quarter, to the government outlining a nearly ₹17 trillion asset monetization pipeline, IT stocks extending losses amid AI-driven concerns, India weighing contingency plans for crude oil imports, and a moderation in salary hikes, here’s a compilation of this week’s news in numbers.India's economy likely grew at 7.8% during the December quarter, slowing from 8.4% in the previous quarter, due to slower growth in agriculture and the non-manufacturing industrial sectors, and government spending cuts, data released on Friday showed. GDP growth is estimated at 7.6% for 2025-26, up from 7.1% in the previous year.

DOMS.About 17 slate-making units now operate in Pulwama district, employing nearly 4,000 workers, including local residents and migrants from Uttar Pradesh, Bihar and West Bengal. But industry participants say raw material shortages are beginning to threaten that ecosystem.In a nearby shed, entrepreneur Manzoor Ahmad Allaie watches workers stack freshly cut slats against the wall. When the central government named Oukhoo India’s “Pencil Village” in 2020, he saw validation of years of investment.

India’s economy is now officially smaller than previously thought. New GDP estimates released on Friday based on an updated methodology and base year have reduced the country’s nominal output by over ₹11 trillion ($133 billion), validating earlier concerns about the size of the economyThe downward revision may complicate the government’s fiscal arithmetic for FY26 and FY27, and may also delay India’s chances of becoming a $4-trillion economy, and the fourth largest economy leaving Japan behind.Over the past decade, questions were raised by researchers, economists and policymakers, including former chief economic advisor Arvind Subramanian, over the methodology used in the 2011-12 series and the size of India’s GDP.GDP data released on Friday by the statistics ministry based on the updated 2022-23 base year, showed India’s nominal GDP in 2025-26 at ₹345.47 trillion ($3.93 trillion), 3.26% smaller than the ₹357.14 trillion figure given in January based on the 2011-12 series.This downward trend (2.9-3.8%) is visible across all four years for which data based on the 2022-23 series has been released.“This has happened because 2011-12 data was likely overestimating figures as organized sector data was largely used to extrapolate figures for other sectors,” an official involved in the GDP calculation process explained, requesting anonymity.The revised GDP takes into account several steps to capture the economy better such as the integration of goods and services tax (GST), expanding the use of double deflation and using improved deflation techniques in case of single deflation, and using survey results to capture the informal economy instead of relying on proxies.P.C.

Mint, referring to India's growth trajectory.However, the task now is to integrate the deep domestic liquidity in Mumbai with international participation at GIFT IFSC, he added.“In GIFT City today, participation is currently limited to a handful of players. The real opportunity lies in bringing these two pools of liquidity together.

₹195.55 during Friday’s trading session. The decline reflects persistent weak growth: the company’s year-on-year revenue expansion has remained below 5% for eight consecutive quarters, and the absence of clear near-term triggers is weighing on investor sentiment.There is little immediate evidence of a sharp turnaround.

With Netflix backing away from its proposal to buy Warner Bros Discovery, paving the way for Paramount Skydance to take over the legacy studio, the merged Hollywood giant may be set to dominate the Indian theatrical space and reshape distribution strategies. In the English-language streaming ecosystem in India, there will be less disruption but heightened competition.“The merged entity would command considerable distribution clout in India, given their significantly enlarged slate, enabling it to command a larger share of the Hollywood box office pie,” said Rahul Puri, managing director of Mukta Arts and Mukta A2 Cinemas.Warner Bros owns franchises such as The Conjuring, Harry Potter and Godzilla, which, coupled with Paramount titles Mission: Impossible and Transformers, give the merged entity better bargaining power with exhibitors.However, according to Raheel Patel, a partner at Gandhi Law Associates, if Paramount Global takes over Warner Bros.

Imran Khan’s long career in Pakistani politics produced many unforgettable images. In 2014, he stood atop a shipping container to rage against the US and his own nation’s elite; in 2018, he delivered his memorable first address as prime minister, holding up illustrations of what malnourishment did to children’s brains, and promising to turn the country into an Islamist welfare state.For millions around the world, however, none of these pictures from his later life will ever be as memorable as the spectacle of nearly 40-year-old Imran holding up the world cup that Pakistan’s cricketers had just won.

The AI scare has come knocking on the doors of Indian IT sooner than expected. Spooked by rapid advances in agentic AI, the Nifty IT has erased 20% of investor wealth this month, even as the broader market has remained flat.But as doomsday theories proliferate, the other side of the story is being ignored – that AI’s impact will be multi-layered and will depend on how India Inc adapts. Let’s discuss.

Schaeffler India Ltd’s shares have risen over 7% after its consolidated Ebitda for the quarter ended December (Q4CY25) jumped 36% year-on-year to ₹506 crore, beating analysts’ estimates.The figure is adjusted for labour code impact. The automobile component manufacturing company’s earnings were supported by a relatively slower pace of growth in employee expenses and raw material costs, even though other expenses grew sharply by 44%.Plus, revenue growth was strong at 28% to ₹2,742 crore, aiding operating leverage and higher localisation, leading to lower import costs.The company follows a January to December financial year.

NEW DELHI: The timelines for peak fossil fuel consumption—including oil and coal in both India and globally—may be delayed further amid geopolitical tensions that are pivoting the focus towards energy security and countries deviating from their climate commitments, Shell plc's chief economist Mallika Ishwaran said.While decarbonization in road transport is under way, there is little progress in aviation, marine and steel, which would delay the energy transition journey and eventually, peak oil timelines, Ishwaran said in an interview."We are seeing oil persisting. Electrification of road transport happens anyway, and that displaces anywhere between 40% to 60% of oil demand in road transport, so that's the significant displacement.

consistent domestic fund flows has transformed into a structural shift in India’s capital markets. Institutional investors now hold the balance of power in IPO pricing: reshaping exit strategies, valuation expectations and the very criteria for going public.That growing clout is prompting companies and private equity backers to recalibrate listing plans— prioritizing visible profitability, stronger unit economics and capital efficiency ahead of market debut, said Prashant Singhal, partner and India Markets leader at EY.

value investing. One key measure of profitability is Return on Equity (ROE), which shows how efficiently a company uses shareholders’ money to generate profits.In 2026, with valuations stretched in many sectors, looking for stocks with strong ROE and attractive prices can help investors target both growth and safety.We screened for companies with ROE around 20% or more and price-to-earnings ratios near 10. Here are three that stand out.

School textbooks rarely get recalled after their rollout, but it happened this week with a social science book withdrawn by India’s National Council of Educational Research and Training (NCERT), a government institution. Of the 38 copies sold on Monday at an NCERT counter in Delhi, 16 had been taken back by Wednesday, as reported, with UPI data trails being sought to retrieve a few proving hard to trace. This recall followed a swift order from the education ministry in response to Chief Justice of India Surya Kant’s objection to a part on “corruption in the judiciary.” A thin online sample suggests two kinds of reactions popped up on social media to the court’s intervention.

A surge in domestic and international travel by Indians has turned India’s direct-to-consumer (D2C) luggage sector into a magnet for venture capital investment over the past few years, even as legacy players struggle under their own weight.According to data from the tourism ministry’s India Tourism Data Compendium 2025, Indians recorded 2,948.19 million tourist visits in 2024, a 17.5% increase over the previous year, while overseas trips rose 10.8% to 30.89 million.A host of startups are looking to cash in on this boom. Uppercase, a digital-first luggage and travel gear maker based in Bengaluru, is in talks to raise about $20 million in a Series C round as it sharpens its plans for overseas expansion and accelerates its offline retail rollout, Sudip Ghose, the company's founder, said in an interview with Mint.

A NITI Aayog report seeking to promote small cars and hybrids to reduce vehicular pollution has again brought the spotlight on India’s divided automobile industry.Tata Motors Passenger Vehicles Ltd has objected to the report prepared by a government panel under NITI Aayog to promote small cars under the upcoming fuel efficiency norms, and increase the adoption of multiple-fuel vehicles and hybrids, alongside electric vehicles (EVs).However, Toyota Kirloskar Motor Ltd, the Indian joint venture of Japan’s Toyota Corp., praised the plan for a phased electrification approach and the inclusion of biofuel powertrains as zero-emission vehicles, according to a letter reviewed by Mint.The contrasting views mirror differences within the industry over whether to offer other cleaner or lower-emission vehicles parity with EVs, and if small cars should receive concessions under the corporate average fuel efficiency (CAFE 3) norms. While Maruti Suzuki India Ltd and Toyota seek support for a wider range of vehicles, including small cars, Tata Motors and Mahindra and Mahindra Ltd, which have invested heavily in EVs, have opposed it.The panel, set up by think tank Niti Aayog, comprised representatives from the ministries of road transport and highways, heavy industries, petroleum and natural gas, power, railways, and shipping, along with think tanks and industry representation from the Society of Indian Automobile Manufacturers (Siam).