India Financial News
20.02 / 07:43
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How India gives: Faith leads India’s household donations, shows report
₹54,000 crore, far exceeding the ₹28,000 crore spent by companies under mandatory corporate social responsibility (CSR) norms annually.However, most of these contributions remain informal in nature.Titled ‘How India Gives 2025-26’, the report is based on telephonic surveys conducted between April and June 2025, and has a sample size of 7,225 households across 20 states.Donations to destitutes are the second biggest category at 42%. The lowest share of giving was towards friends, family and relatives at 9%.Around 68% of those surveyed reported giving in some form, indicating that everyday giving is widespread.Men (71%) were more likely to donate than women (64%), whereas households in urban areas (70%) were slightly ahead of rural households (66%) in charitable donations.
20.02 / 07:43
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AI in India: Is it a prosperity engine or mobility killer?
History is not a catalogue of inventions. It is a record of how societies adapt—or fail to adapt—to them.Every major technological revolution has followed a similar arc. First comes the breakthrough.
20.02 / 07:43
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Why Brigade Enterprises’ pivot to small spaces needs to make a big impact
Subscribe to enjoy similar stories. Brigade Enterprises Ltd, a southern India-focused realty developer, has hit a rough patch. The stock has declined 28% over the past year, far steeper than the Nifty Realty index’s 4% fall.
20.02 / 05:19
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India Inc's demand engine restarts in Q3, but margin tailwinds fade
India Inc’s December-quarter earnings reflected a festive boost that was strong but selective. It also hinted that the easy phase of margin-led profit growth may be over.Mint’s analysis of 3,905 companies showed headline revenue rose 10% year-on-year in Q3FY26, the fastest pace in seven quarters.
20.02 / 04:27
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Xponentia-backed Zype eyes fresh capital of upto ₹200 crore, appoints banker
₹150–200 crore in primary funding, as the company looks to accelerate expansion, two people familiar with the matter said.The proposed round comes at a time when non-banking finance companies (NBFCs) face tighter regulatory scrutiny and rising stress in unsecured lending, making fresh capital crucial to strengthen balance sheets and support calibrated growth.“Several mid-market private equity firms or late/growth stage venture capital firms will be tapped as a part of the process. The deal is expected to be launched in the coming weeks,” one of the people cited above said.“The company is looking to double down its presence in its existing areas of operations after it became PAT positive in the current financial year,” a second person said.Both the people spoke on the condition of anonymity.
20.02 / 04:11
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Five small-cap drone stocks to add to your 2026 watchlist
Subscribe to enjoy similar stories. Drones are revolutionising logistics, swiftly moving everything from medical supplies to diagnostic samples across challenging terrain. Leading Indian drone companies have been at the forefront of this shift, adapting their technology to navigate the country's complex geography and climate.
20.02 / 03:15
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Digital evolution: Our economic statistics can’t afford to get left behind as India’s economy evolves
On 27 February, India’s statistics ministry is expected to release the second of the three major macro-economic variables—retail inflation, GDP and Index of Industrial Production—currently being revamped. As with last month’s inflation number, the new GDP series will have a new base year (2022-23) and feature extensive changes in methodology and coverage to better reflect the state of our economy.Globally, decision-makers rely on economic statistics as a dashboard to frame policy.
20.02 / 00:55
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Amid growing complaints, govt auditing automated vehicle testing stations
Subscribe to enjoy similar stories. New Delhi: With the growing number of complaints against the government’s automated testing stations (ATS) that assess vehicle fitness, the ministry of road transport and highways (MoRTH) is auditing the 178 ATS to check data bleeding and manipulation to reduce the number of unfit and end-of-life vehicles on Indian roads, according to two people aware of the development. “About 25% of all vehicle testing is now happening at ATS, and the next step is to ensure that the data is protected and not tampered with.
20.02 / 00:55
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For smooth medicine supply, CGHS centres to now have 3-month buffer
The government has mandated a three-month buffer stock of medicines under the Central Government Health Scheme (CGHS), which covers 4.2 million beneficiaries across 81 cities, in a move aimed at tackling recurring shortages and potentially boosting medicine sales while also keeping an eye on quality, according to two government officials and documents reviewed by Mint.The policy was approved for adoption 15 January 2026. The CGHS Directorate is currently rolling out operational guidelines and updating its digital systems to facilitate real-time tracking and buffer stock management.The health and family welfare ministry's move comes in the backdrop of a growing number of complaints regarding medicine shortages and delayed service; with the Centre framing a comprehensive Drug Procurement Policy for the marquee health scheme.
20.02 / 00:55
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RBI asks NPCI to review UPI Autopay amid concerns over unexplained debits
Subscribe to enjoy similar stories. India’s banking regulator has asked digital payments facilitator the National Payments Corporation of India (NPCI) to look into rising complaints of erroneous UPI Autopay debits, three people aware of the matter told Mint. Users of the Unified Payments Interface—a real-time instant payment system developed by the NPCI—began reporting involuntary autopay mandates and an inability to cancel such recurring payments towards the end of 2025.
20.02 / 00:55
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GIFT City regulator clamps down on dormant companies
Subscribe to enjoy similar stories. The GIFT City regulator has started asking inactive companies to voluntarily surrender their licences if they do not intend to start a business, according to three people in the know, as India seeks to ensure the international finance hub is not reduced to a paper address. “Entities that remain inactive have been asked about their plans and, where there is no clear intent to operate, they may be persuaded to voluntarily surrender the license," said an official, one of the three people quoted earlier, on the condition of anonymity.
20.02 / 00:55
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Stocks to buy: Raja Venkatraman's recommends three stocks for 20 February
Subscribe to enjoy similar stories. Stock market update: Absolutely disappointing end to a day when all the effort that was seen in the last three days was brought to a nought, leading the trends to capsize without any hesitation. This has now proved that we need to work harder as domestic cues are not able to sustain the momentum.
20.02 / 00:55
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Anthropic and OpenAI are the new darlings of Indian IT
Subscribe to enjoy similar stories. Bengaluru/New Delhi: Tata Consultancy Services Ltd (TCS) and Infosys Ltd’s partnerships with OpenAI and Anthropic could prove a win-win for India’s under-pressure technology sector and the fast-growing artificial intelligence (AI) firms. The tie-ups echo earlier strategic pivots that powered expansion in enterprise software two decades ago and cloud services a decade later.
19.02 / 15:55
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AI costs are dropping fast—and India stands to gain: OpenAI CEO Sam Altman
Subscribe to enjoy similar stories. NEW DELHI: The cost of deploying and running artificial intelligence (AI) applications is falling at an exponential pace, potentially making AI tools affordable at scale across India sooner than expected, according to Sam Altman, co-founder and chief executive of OpenAI, one of the world’s most valuable startups. Altman also dismissed the idea that companies like his would “kill" software and technology services firms, even as AI automates large parts of their core work.
19.02 / 15:55
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India pitches inclusive AI roadmap to the world
Subscribe to enjoy similar stories. NEW DELHI : India has put forward a framework for how the country's artificial intelligence startups and the world’s frontier labs should build and deploy inclusive AI.
19.02 / 11:45
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Invisible hunger: How depleted soils are emptying the nutrients in our food
Subscribe to enjoy similar stories. New Delhi: A few years back, a fertilizer manufacturer from India carried out an internal survey of farmers in the 40+ age group. A stark finding was that most farmers felt they were not going to bequeath a worthy asset, the plot of land on which they farm, to the next generation.
19.02 / 10:37
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Go ahead, put data centres in space—but AI had better improve lives back here on Earth
Every week, artificial intelligence (AI) claims become more stratospheric. Earlier this month, Elon Musk told a podcast of his plans to put satellites housing giant data centres in space that would be run on solar power. “In 36 months, probably closer to 30 months, the most compelling place to put AI will be in space,” he said.
19.02 / 10:01
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DBS Bank India targets ‘mass affluent’ customers in pivot to universal banking
Subscribe to enjoy similar stories. DBS Bank India is looking to target India's rising ‘mass affluent’ base to become a true universal bank and stand out among its peers, who largely cater to companies and the super-rich, CEO Rajat Verma told Mint in an interview. Mass affluent refers to individuals who earn significantly more than the average consumer at around ₹30 lakh a year, but haven't yet reached ‘high-net-worth’ status.
19.02 / 08:39
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Crypto’s real threat to banks
Subscribe to enjoy similar stories. “First they ignore you, then they laugh at you, then they fight you, then you win." That quote is often attributed to Mahatma Gandhi, though the Indian independence leader never said it. To the crypto industry, the apocryphal phrase is a popular mantra.
19.02 / 08:39
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Kaushik Basu: India brims with talent and promise but there seems no escape from politics and pollution
Last month, I travelled across India— listening, observing and taking stock. While the journey was energizing and often inspiring, it left me with an open question: Where is the world’s most populous country headed? My trip began in West Bengal’s Purulia district, a relatively poor region marked by beautiful landscapes of lakes and rolling hills, some crowned with small ancient temples. Purulia’s population is a mosaic of cultures and tribal communities.
19.02 / 08:15
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Tech Turbulence: Navitaire outage briefly jolts IndiGo, Akasa, AIX check-ins
Subscribe to enjoy similar stories. A global technology outage involving airline reservation platform Navitaire briefly disrupted operations of carriers including IndiGo and Akasa Air on Thursday morning, before systems were restored within about half an hour, according to two people familiar with the matter. No major flight delays were reported.
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