India Financial News
05.02 / 02:15
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High-level committee on banking: What it should focus on to strengthen India’s financial system
Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman announced the formation of a “high-level committee" on banking in her budget speech for 2026-27. While she offered no details, the FM did say that this panel would be tasked with reviewing the banking sector and aligning it with India’s next phase of growth.
05.02 / 02:15
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Mint Quick Edit | India-China trade swelled in 2025: Will this remain a largely one-way story?
Subscribe to enjoy similar stories. For all the talk about either restraining or rebalancing trade with China, India’s dealings with it are rising. In 2025, trade reached a record $155.6 billion, up 12%, according to Chinese ambassador Xu Feihong.
05.02 / 00:39
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How startups are turning India’s home interiors into a DIY marketplace
Subscribe to enjoy similar stories. MUMBAI: As Indian homeowners become more involved in choosing how their homes look and what goes into them, investors are beginning to back startups that focus not on designing entire interiors, but on helping consumers directly discover and buy materials, bypassing traditional interior designers and full-stack execution firms. Early-stage investors see the materials-led interiors segment as a large, under-utilized opportunity, estimated at about $14 billion, with rising consumer spend and no clear market leader.
05.02 / 00:39
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Tata Motors' $4.4 billion Iveco move faces fresh concerns
Subscribe to enjoy similar stories. NEW DELHI : Italian automaker Iveco's two reductions in its cash flow outlook within six months have reignited concerns over Tata Motors Ltd’s biggest acquisition, as analysts caution the Italian business's volatile show may leave the Indian parent vulnerable to global headwinds.
05.02 / 00:39
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Recent reforms effectively a new direct tax code: CBDT chief
Subscribe to enjoy similar stories. New Delhi: India’s long-awaited overhaul of its direct tax regime has effectively arrived in stages, combining the simplified Income Tax Act enacted last year with a toned-down penalty and an enforcement framework under the Finance Bill 2026, and the revamped procedures and user-friendly ‘smart’ tax return forms to be rolled out later this month, Central Board of Direct Taxes (CBDT) chairperson Ravi Agrawal said in an interview.
05.02 / 00:39
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Chip(per) ambitions: Electronics majors weigh semiconductor leap on policy push
Subscribe to enjoy similar stories. NEW DELHI: India’s top listed electronics manufacturers Syrma SGS and Dixon Technologies are reassessing plans to enter semiconductor and chip component manufacturing after the Union budget for 2026-27 announced India Semiconductor Mission (ISM) 2.0, a new incentives programme aimed at building deeper chip capabilities. The second mission, expected to follow the ₹76,000 crore chip incentive scheme launched five years ago, will focus on developing a more comprehensive semiconductor components ecosystem.
05.02 / 00:39
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Why Vinay Tonse's final stint at SBI matters most as Yes Bank's new CEO
Subscribe to enjoy similar stories. Mumbai: When Vinay M. Tonse takes over the reins of Yes Bank Ltd, the private lender would be significantly different in character and strength from where it was about six years ago.
05.02 / 00:39
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Stocks to buy: Raja Venkatraman's recommends three stocks for 5 February
Subscribe to enjoy similar stories. Stock market recap: The Indian stock market ended with modest gains on Wednesday, 4 February, tracking mixed global cues. Sensex rose 79 points, or 0.09%, to end at 83,817.69, while the Nifty 50 ended at 25,776, up 48 points, or 0.19%.
05.02 / 00:07
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EV charger benchmark costs halved, fast chargers gain policy focus
Subscribe to enjoy similar stories. NEW DELHI: India has more than halved the benchmark prices of public electric vehicle (EV) chargers and enhanced their charging capacity, in a move aimed at expanding green mobility and enabling longer driving ranges across the country, two people aware of the matter said. EV charging point operators said that this sharp reduction in the benchmark cost could also lower subsidy claims.
04.02 / 18:11
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CCI orders probe into IndiGo over alleged abuse of dominance after mass flight cancellations
Subscribe to enjoy similar stories. NEW DELHI/ MUMBAI : The Competition Commission of India (CCI), the country's competition watchdog, has ordered an anti-trust investigation into IndiGo for alleged abuse of dominant position following large-scale flight cancellations and sharp fare increases in December. CCI has observed that passengers were “left with no real choice but to accept last-minute cancellations" and were forced to seek alternatives “at significantly higher prices".
04.02 / 16:59
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NSDL glitch stalls trade settlement for several investors
Subscribe to enjoy similar stories. Several investors who initiated trades on Tuesday were yet to get their shares or funds credited to their accounts by Wednesday night due to a settlement glitch between India’s top two depositories. The problem cropped up at National Securities Depository Ltd (NSDL), but impacted the entire settlement process on Wednesday, four brokers told Mint.
04.02 / 15:57
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Subsidies can’t be rolled back abruptly, reforms will be gradual: Vualnam
Subscribe to enjoy similar stories. New Delhi: Subsidies continue to serve critical national needs, and cannot be withdrawn abruptly, expenditure secretary V. Vualnam said in an interview, as he outlined a gradual course correction in India's subsidy and spending framework.
04.02 / 14:17
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India is the largest private equity destination for us outside the US: Chip Kaye, chairman, Warburg Pincus
Subscribe to enjoy similar stories. MUMBAI : India’s scale and growth, combined with increasingly sophisticated capital markets, have helped Warburg Pincus’s India franchise to become the firm’s largest investment destination outside US, senior executives said at a media roundtable in Mumbai on Wednesday. “India is the largest private equity destination for us outside the US.
04.02 / 12:11
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Today, the AI story is not well understood in the Indian market: Fractal CEO
Subscribe to enjoy similar stories. MUMBAI : Squeezed out on the valuation Fractal Analytics sought for the initial public offering (IPO), its founder feels that public market investors have yet to fully understand the AI sector. The management is citing investor scepticism towards AI complexity and the need for market education as it prepares for a market debut at a lower valuation.
04.02 / 10:59
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Bajaj Finance is sacrificing immediate profits for long-term safety. Will it succeed?
Subscribe to enjoy similar stories. Bajaj Finance Ltd’s consolidated profit after tax for the December quarter (Q3FY26) is up 23% year-on-year to ₹5,317 crore if accelerated provisions for expected credit loss (ECL) and exceptional charges due to the new labour codes are kept aside. While these charges are categorized as one-offs, a portion of them could indeed be recurring.
04.02 / 10:59
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Why India needs smarter finance: It’s not just about enlarging the country’s financial sector
Subscribe to enjoy similar stories. India’s budget for 2026-27 signals a growing recognition that its financial challenge is no longer one of scale alone, but of structure and effectiveness. Measures such as the introduction of a market-making framework for corporate bonds, the development of total return swaps and bond-index derivatives, incentives for large municipal bond issuances and the creation of mechanisms such as the Infrastructure Risk Guarantee Fund and real estate investment trusts (REITs) linked to central public sector enterprises (CPSEs) point to an attempt to deepen long-term, market-based finance and improve risk distribution beyond banks.
04.02 / 10:59
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With two partnerships in two weeks, Adani ramps up defence push
Subscribe to enjoy similar stories. NEW DELHI : A step-down subsidiary of Adani Enterprises Ltd, the group's flagship company, inked a deal with Italian helicopter maker Leonardo to make, maintain and repair military choppers in India—the second such partnership in as many weeks after the firm stitched a partnership with Brazil's Embraer to make aircraft. Adani Aerospace and Defence, a wholly owned subsidiary of Adani Defence Systems and Technologies Ltd, and Leonardo signed the partnership on Tuesday.
04.02 / 10:59
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Byju’s resolution professional aims at Raveendran Singapore firm in Aakash control battle
Subscribe to enjoy similar stories. MUMBAI : The resolution professional of edtech giant Byju's parent Think & Learn Pvt. Ltd, or TLPL, has alleged that a Singapore investment vehicle of Byju Raveendran, the embattled promoter of the platform, engaged in “unlawful conduct" to dilute the holding company's rights in test-prep company Aakash Educational Services Ltd or AESL.
04.02 / 09:01
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India-US deal triggers FPI short covering, but reversal not yet in sight
Subscribe to enjoy similar stories. New Delhi: Foreign portfolio investors (FPIs), who have been betting against Indian markets since October 2024, were forced to cover nearly two-fifths of their bearish derivatives positions on Tuesday after the announcement of an India-US trade deal. Analysts expect the short covering to continue in the near term.
04.02 / 08:55
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Power Grid’s sharp project execution ramp-up, guidance upgrade recharges stock
Subscribe to enjoy similar stories. Power Grid Corp. of India Ltd shares gained 13% over the last four trading sessions, as investors cheered a sharp ramp-up in project execution during the December quarter (Q3FY26) and an upward revision in capital expenditure (capex) and capitalization targets.
04.02 / 08:55
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Puzzling dichotomy: India’s climate debate must not be framed as mitigation versus adaptation
Subscribe to enjoy similar stories. Chapter 10 of India’s Economic Survey 2025-26 provides a comprehensive summary of New Delhi’s climate and related initiatives.
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