India Financial News

Subscribe to enjoy similar stories. In the regulatory tussle over supervision of India's clearing houses, the European Union blinked first. Ending a three-year standoff over supervision of the Clearing Corp.

Subscribe to enjoy similar stories. The Centre has set new standards aligning domestic norms with global benchmarks for children’s apparel to help domestic manufacturers meet stricter international regulations, two people close to the development said.

Subscribe to enjoy similar stories. UPL Ltd has announced a massive restructuring exercise aimed at simplifying its complex holding structure. In reaction, the Street dragged down its shares by a whopping 15% on Monday.

The intraday price of gold hit an all-time high of $5,595 per troy ounce in late January, having nearly doubled within the span of a little over a year. On the same day, in rupee terms, gold of 24 Karat purity recorded a price of ₹183,000 per 10 grams, having risen 134% over the same period thanks to the combined effect of its price gain and the rupee’s depreciation. Silver, the metal’s younger sibling, sparkled almost as much during the same period.The sharp rise of gold and its moderate correction since has every investor asking what is going on.

Vertis Infrastructure Trust, an infrastructure investment trust (InvIT) backed by global investment firm KKR and Ontario Teachers’ Pension Plan, plans to double its assets under management (AUM) to about ₹52,000 crore over the next two years, driven by steady secondary acquisitions of operational highway projects worth ₹5,000–6,000 crore annually, joint chief executive officer Zafar Khan said in an interview.The roads-focused InvIT, which currently manages assets worth around ₹26,000 crore, expects to add a mix of hybrid annuity model (HAM) and toll projects to maintain a balanced portfolio and enhance investor returns.“We are not satisfied with ₹26,000–27,000 crore. We are looking at doubling our AUM in the next two years.

Mint explains.In the past couple of years, many deeptechs founded in the mid- and late-2010s have turned commercially viable and revenue-generating. In manufacturing, aerospace and defence, many companies are preparing for launch, witnessing an influx of customers, or have gone public.Precision manufacturer Aequs went public last year, while deeptech manufacturer Sedemac’s initial public offering was approved by the markets regulator.

Subscribe to enjoy similar stories. India Inc.’s December quarter (Q3FY26) earnings surprised positively on some counts. For instance, on an aggregate basis, the Nifty 500 index companies delivered strong double-digit profit-after-tax growth of 19% in Q3 (adjusted for extraordinary items), the highest in eight quarters, showed an analysis by Motilal Oswal Financial Services.

₹30,500 crore in FY15 to nearly ₹2.9 lakh crore by FY25, according to industry estimates and RBI data.The rapid expansion in cards and outstanding dues raises an uncomfortable question: are more Indians slipping into a credit card debt trap?Outstanding balances per card have also climbed steeply—from ₹1,600 in FY15 to nearly ₹25,700 in FY25—signalling significantly higher credit utilization.For those who have already fallen into the trap, is there a practical way out? Experts say—yes, there is.The real issue, experts argue, is not the rise in credit card usage, but the purpose for which cards are being used.“While rising credit card usage reflects both expanding financial access and growing consumer confidence, the intent behind spending matters more than the volume,” said Yashoraj Tyagi, chief executive officer, CASHe, an online lending platform.“When usage grows faster and financial literacy doesn’t catch up, credit stops being just a convenience tool, it becomes a survival tool,” said Bhuvanaa Shreeram, co-founder of House of Alpha Investment Advisers, a Sebi registered investment advisory firm.Rising delinquencies suggest that for a segment of borrowers, cards are not just financing convenience purchases—they are also plugging cash-flow gaps. And that, she believes, is the real problem.According to the Reserve Bank of India’s (RBI) Financial Stability Report, household debt in India rose to about 41.3% of GDP by end-March 2025, up from around 38% in recent years.

Subscribe to enjoy similar stories. A flurry of strategic deals in India’s film production business is set to swell the pipeline of small and mid-budget movies, even as structural constraints in theatrical releases raise questions about where those films will ultimately play. Multiplexes in major cities are more open to mid-budget and regional films, but tier-two and tier-three markets remain thinly served.

Subscribe to enjoy similar stories. As branded hotel occupancy in India nears decade highs, hotel chains are shifting focus from acquiring new guests to ‘farming’ existing ones through enhanced loyalty programmes. A surge in repeat guests and an expanding travel market are compelling players like IHG, Radisson, Marriott, The Postcard Hotel, and Accor to pivot toward member-driven growth.

India is currently running two payment systems in parallel. On one side is its gleaming showcase, UPI, with 21.7 billion transactions in January 2026 worth ₹28.33 trillion in value. On the other side is the system of physical cash.

NEW DELHI: India recently piloted peer-to-peer power trading that will enable consumers such as households, businesses and farmers who generate renewable energy to directly sell their surplus power to other consumers through digital protocols. Mint examines how digital public infrastructure under the India Energy Stack helps such transactions.Peer-to-peer (P2P) energy trading refers to the direct trading of power between consumers. Once implemented, it will allow households and entities that produce solar power through rooftop installations to sell their excess generation to other consumers.

India’s digital public infrastructure story has been remarkable. The Unified Payments Interface (UPI) made digital payments a habit. CoWin demonstrated population-scale tech execution during a crisis.

India has recently joined a growing list of countries weighing restrictions on children’s access to social media.Speaking on the sidelines of the AI Impact Summit last week, information technology minister Ashwini Vaishnaw said the government is discussing age-based restrictions on social media platforms. The remarks follow closely after the Economic Survey flagged the need to address “digital addiction” among the young.At the state level, Goa, Karnataka, Andhra Pradesh, and Kerala are also examining similar restrictions.

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cement division in 2023 after 12 years at BCG. In 2024, Abhishek Malhotra, who has worked at McKinsey and Kearneyover 10 years, joined RPSG Group as president and strategy head.

₹250- ₹270.Now let’s talk of the present. Today, India is the world’s fourth largest economy and is eyeing the number three spot. Our per capita income has crossed $3,000.

Subscribe to enjoy similar stories. Stock market recap: A day after tumbling over 1% each, India's headline equity indices, the Sensex and the Nifty 50, rebounded with healthy gains on Friday, 20 February. The Sensex gained 317 points, or 0.38%, to end at 82,814.71, while the Nifty 50 settled at 25,571.25.

Mumbai: India is increasingly seeing private equity and venture capital backed companies tap public markets at an earlier stage in their lifecycle, driven by factors such as greater predictability in business performance, liquidity needs, and conducive regulatory policies, making IPOs an attractive option.“Over the past few years, public markets have also become more willing to underwrite newer business models. That increases confidence for sponsors to view IPOs (initial public offerings) as a viable, attractive exit option earlier in the company lifecycle,” Gaurav Sood, managing director and head of equity capital markets of Avendus Capital.

Jewar: HCL Group, the parent firm of India’s third-largest tech services company HCLTech, aims to supply chips for a quarter of all of India’s displays within as soon as two years, chairperson of the group Roshni Nadar-Malhotra said on Saturday.The top executive, who also happens to be the only woman at the helm of one of India’s six large-cap IT services firms, was speaking at the inauguration of the company’s joint-venture chip assembly plant for displays in Jewar, Uttar Pradesh.“It’s too early to discuss client names, but there is ample demand, and India has a huge market. We’ll roll out the first commercial display chip from our plant in 2028, and look to scale up to our peak capacity of 36 million chips per month very soon.

Tata Steel, India's second-largest steelmaker, aims to source half of its iron ore requirements from captive mines after 2030, down from 100% now, as steep premiums in mine auctions make relying only on leased blocks economically unviable—prompting the company to consider open-market purchases and imports to secure ore.“We will certainly look for at least 50% captive so that the operations are stable, but between 50 and 100 will probably depend on the economics,” Tata Steel chief executive officer T.V. Narendran told Mint on the sidelines of a business event on Saturday, 21 February.The shift comes ahead of the expiry of its leases in Jharkhand and Odisha by FY2030 under the amended Mines and Minerals (Development and Regulation) Act, which mandates auctions for allocation of mineral blocks—which will raise raw material costs at India's oldest steelmakers, as also its peers.The steelmaker will look to buy iron ore from the open market post 2030 when its long term leases of captive iron ore mines end.