International Financial News
24.03 / 05:33
COST
Reuters
Manufacturing
Compilation
Trade
show
International
India's business growth dipped in March due to weaker services demand, PMI shows
manufacturing expansion failed to offset a slowdown in the services sector, a private survey showed on Monday. HSBC's flash India Composite Purchasing Managers' Index, compiled by S&P Global, slipped to 58.6 in March from February's final reading of 58.8, lower than a Reuters poll's median prediction of 59.0. The 50-mark divides growth from contraction. The manufacturing PMI index increased to 57.6 from 56.3, remaining in the expansion territory for more than three-and-a-half years. But the dominant-services sector's PMI index fell to 57.7 from 59.0 in February, contributing to the fall in the overall index.
24.03 / 04:51
markets
UPS
Trade
reports
Updates
International
Stock market update: Nifty Auto index advances 0.14% in an upbeat market
Samvardhana Motherson International Ltd.(up 2.24 per cent), Bharat Forge Ltd.(up 1.74 per cent), MRF Ltd.(up 1.74 per cent), Balkrishna Industries Ltd.(up 1.42 per cent) and Exide Industries Ltd.(up 1.37 per cent) were among the top gainers.
24.03 / 04:51
markets
UPS
Food
Trade
Updates
International
Stock market update: FMCG stocks up as market rises
Future Consumer Ltd.(up 4.01%), Bajaj Consumer Care Ltd.(up 2.46%), LT Foods Ltd.(up 1.79%), Patanjali Foods Ltd.(up 1.71%), Gopal Snacks Ltd.(up 1.65%), Honasa Consumer Ltd.(up 1.60%), Adani Wilmar Ltd.(up 1.41%), Dangee Dums Ltd.(up 1.38%), Heritage Foods Ltd.(up 1.35%) and Colgate-Palmolive(India)Ltd.(up 1.23%) were among the top gainers.
24.03 / 04:33
Airlines
security
President
Interviews
peace
International
For Russia, Donald Trump has a lot to offer, even without a Ukraine deal
Donald Trump says he is focused on stopping the «death march» in Ukraine «as soon as possible.» But for Russian President Vladimir Putin, ceasefire talks with Trump are a means to much broader ends. Russian and U.S. officials are set to meet in Saudi Arabia on Monday to deepen their negotiations about technical details of a partial ceasefire to halt attacks on energy facilities and on ships in the Black Sea. While Ukraine says it's ready for a full truce, Putin has made it clear that he will seek a wide range of concessions first. The upshot: Russia appears determined to squeeze as many benefits as possible from Trump's desire for a Ukraine peace deal, even as it slow-walks the negotiations. Viewed from Russia, better ties with the United States are an economic and geopolitical boon — one that may be achieved even as Russian missiles continue pounding Ukraine. Interviews last week with senior Russian foreign-policy figures at a security conference in New Delhi suggested that Russia saw negotiations over Ukraine and over U.S.-Russia ties as running on two separate tracks. Putin continues to seek a far-reaching victory in Ukraine but is humoring Trump's ceasefire push to seize the benefits of a thaw with the United States.
24.03 / 03:53
markets
Target
Parke
awards
recommendations
International
GMR Airports shares in focus after CCI dismisses anti-competitive allegations
GMR Airports shares will be in focus on Monday after the Competition Commission of India (CCI) dismissed allegations of anti-competitive practices against GMR Airports and Delhi Airport regarding the awarding of certain contracts. The Indira Gandhi International Airport (IGIA) in Delhi is operated by the GMR Group-led consortium Delhi International Airport Ltd (DIAL).
24.03 / 01:47
UPS
Target
Fighting
War
Battlefield
International
Netanyahu and top aides think Israel can beat Hamas on the battlefield
Subscribe to enjoy similar stories. Israeli Prime Minister Benjamin Netanyahu and his new national-security team are planning a major ground offensive in Gaza in the belief that capturing and holding swaths of territory will allow them to finally defeat Palestinian Islamist militant group Hamas, according to people familiar with the government’s thinking. On Sunday, Israel sent infantry into the northern part of the Gaza Strip and areas around Rafah in the south.
24.03 / 01:43
markets
COST
security
Analysis
Bill
reports
International
Which companies will benefit from fall in oil prices and which firms will be hit? Here’s the analysis
Oil prices came under pressure due to oversupply concerns after OPEC+ (a group of oil-producing nations) decided to roll back production cuts in its 3 March 2025 meeting. The oil group had cut 2.2 mbpd (million barrels per day) of oil production in November 2023 but has now decided to release such output over April 2025 and September 2026.
24.03 / 01:43
Citi
Bill
track
country
International
How to invest abroad under LRS?
how to invest abroad under the liberalised remittance scheme.
24.03 / 00:31
UPS
Provident
Strategy
Allianz
wellness
International
How Sanjiv Bajaj plans leadership transition, succession at Bajaj Finserv
Subscribe to enjoy similar stories. Mumbai: Succession planning at Bajaj family’s financial services businesses begins by identifying young leaders and grooming them for years so that they can step up in future, Sanjiv Bajaj, chairman and managing director, Bajaj Finserv said. “We identify them early.
23.03 / 19:49
UPS
Provident
BLOCK
Trade
track
International
Banks block Indian promoters' foreign NBFC plans
Indian promoters to form investment companies abroad. The banks fear such offshore entities are intended to sidestep the curbs on foreign currency remittance and undertake activities which are against the spirit of overseas investment regulations. At least two leading private sector banks have stalled overseas direct investment (ODI) proposals by Indian entities to set up overseas non-banking finance companies (NBFCs), two persons familiar with the discussions with the banks told ET.
23.03 / 14:47
markets
Manufacturing
Sustainability
Trade
show
country
International
Signs of early recovery of China's diamond industry sparks optimism for Indian exports: GJEPC
GJEPC) officials said. China's economic slowdown coupled with plunging marriage rates in the country created a chilling effect in the Chinese diamond market valued at around USD nine billion. Last year, China's diamond market generated about USD 5.7 billion in revenue, and is expected to grow to USD 7.2 billion by 2030, according to market analysts. The demand for diamonds has fallen by as much as 50 per cent in China, while wholesale diamond prices have fallen by about 40 per cent over the past two years, creating a major downturn in the global diamond industry especially that of India as it accounted for a third of India's cut and polished diamond exports.
23.03 / 12:55
Provident
Target
WhatsApp
track
Courts
Investigations
International
Grenade attack case: NIA chargesheets four Khalistani terror operatives in Chandigarh
National Investigation Agency (NIA) has chargesheeted four terror operatives of the Babbar Khalsa International (BKI) terrorist organisation in the September 2024 Chandigarh grenade attack case, an official statement said on Sunday. The accused include Pakistan-based designated terrorist Harwinder Singh Sandhu alias Rinda, and US-based Harpreet Singh alias Happy Passi, it said. In the chargesheet filed before the Special NIA court, Chandigarh, all four accused persons have been charged under multiple sections of the Unlawful Activities (Prevention) Act (UAPA), the Explosive Substances Act, and other related provisions, for their roles in planning and supporting the attack. The two terrorists — Rinda and Happy Passi — were the primary handlers and conspirators behind the attack, said the statement issued by the NIA. They had provided logistical support, terror funds, weapons, and ammunition to India-based on-ground operatives in Chandigarh for executing the grenade attack, it said.
23.03 / 12:17
UPS
Ball
Rhythm
International
bowling
Jofra Archer concedes 20 boundaries against SRH: Here are 5 most expensive bowling spells in IPL history
Jofra Archer endured a night to forget during Rajasthan Royals' (RR) IPL 2025 clash against Sunrisers Hyderabad (SRH) on Sunday, March 23. The speedster set an unwanted record, registering the most expensive bowling figures in the history of the Indian Premier League (IPL). Bowling at the Rajiv Gandhi International Stadium, Archer leaked 76 runs in his four-over spell without picking up a wicket, surpassing Gujarat Titans’ (GT) paceman Mohit Sharma’s 0/73 against Delhi Capitals (DC) in IPL 2024. The 29-year-old speedster, RR’s costliest acquisition at ₹12.50 crore in last year’s mega auction, struggled to find rhythm as SRH batters tore into him mercilessly.
23.03 / 11:05
UPS
CEO
security
Research
innovations
International
IIT Guwahati-incubated start up develops robots for AI-driven surveillance at international borders
Da Spatio Rhobotique Laboratory Pvt. Ltd (DSRL), a startup incubated at IIT Guwahati, have also received acknowledgement from the Defence Research and Development Organisation for their potential for integration into India's defence infrastructure. The Indian Army is already conducting field trials for the surveillance system. According to Arnab Kumar Barman, CEO, DSRL, unlike conventional security measures that rely on drones, stationary cameras, and manual patrolling, this autonomous robotic system overcomes the limitations of terrain, weather and endurance. «Equipped with seamless pole traversal capabilities, adaptive obstacle navigation, and AI-driven reconnaissance, the system is a game-changer for border protection, critical infrastructure surveillance, and strategic defence applications. Our mission is to develop cutting-edge, AI-driven surveillance solutions that address the evolving challenges of national security,» Barman told PTI.
23.03 / 07:51
markets
Remark
Food
stage
pop
innovations
International
India's traditional beverage Goli Soda sees strong demand in US, Europe, Gulf
Goli Soda is witnessing strong consumer response in key international markets, including the US, UK, Europe, and the Gulf, driven by strategic expansion and innovative reinvention, an official statement said on Sunday. Under a strategic partnership with Fair Exports, India has ensured steady deliveries of Goli Soda, rebranded as Goli Pop Soda, to Lulu Hypermarket, one of the largest retail chains in the Gulf region, the commerce ministry's arm Agricultural and Processed Food Products Export Development Authority (APEDA) said. «This iconic beverage, once a household staple, is making a remarkable comeback on the global stage, driven by its innovative reinvention and strategic international expansion,» it said, adding the product has already made strong inroads in global markets, with successful trial shipments to the USA, UK, Europe, and Gulf countries. The revival of this beverage, which had nearly disappeared due to the dominance of multinational beverage companies, marks a significant milestone in India's efforts to promote and export authentic, homegrown food and beverage products in the global markets, it said.
23.03 / 06:55
markets
UPS
Target
country
International
OYO to expand 'SUNDAY Hotels' to 100 properties by FY26
SUNDAY Hotels have opened in 10 countries across the globe including India, the United Kingdom, Saudi Arabia, the United Arab Emirates, Bahrain, Indonesia, Malaysia, Thailand, Philippines, and Vietnam. SUNDAY Hotels, a premium brand of four-star and five-star hotels, was originally launched in May 2023 through a joint venture between the SoftBank Group and Oravel Stays. The initiative is part of Oravel's ongoing programme to spread its premium hotel footprint around the globe.
23.03 / 06:55
Reuters
CEO
WhatsApp
Trade
reports
International
IndusInd taps Grant Thornton for fraud checks in accounting case, sources say
IndusInd Bank has appointed Grant Thornton to conduct a forensic review into accounting lapses detected this month and to check if there is any evidence of fraud or internal misstatements, said two people with direct knowledge of the matter. IndusInd is India's fifth-largest private lender with a balance sheet of $63 billion. Its shares have lost about 23.4% since it disclosed on March 10 that its derivatives portfolio was overvalued by around 2.35%, or $175 million, after non-compliant internal trades. The accounting discrepancy contravened Reserve Bank of India rules, though the central bank has said IndusInd is well-capitalised.
23.03 / 06:29
Citizens
Justice
country
Department
Features
International
The US lifts bounties on senior Taliban officials, including Sirajuddin Haqqani, says Kabul
Sirajuddin Haqqani, who acknowledged planning a January 2008 attack on the Serena Hotel in Kabul, which killed six people, including US citizen Thor David Hesla, no longer appears on the State Department's Rewards for Justice website. The FBI website on Sunday still featured a wanted poster for him. Interior Ministry spokesman Abdul Mateen Qani said the U.S. government had revoked the bounties placed on Haqqani, Abdul Aziz Haqqani, and Yahya Haqqani. «These three individuals are two brothers and one paternal cousin,» Qani told the Associated Press. The Haqqani network grew into one of the deadliest arms of the Taliban after the U.S.-led 2001 invasion of Afghanistan.
23.03 / 06:29
markets
Provident
Universities
reports
Schools
International
athletics
'Must be born after 2000; be tall, slim': Professor with Rs 1 crore annual income sparks outrage with his criteria for life partner
Lou, an associate professor affiliated with Zhejiang University’s School of Marxism, allegedly shared his preferences within a matchmaking chat group earlier this month, according to a report by the South China Morning Post, which cited Chao News. In his post, Lou, 35, provided a self-introduction, stating that he stands at 175 centimeters tall and weighs 70 kilograms. He holds a doctorate from a prestigious Chinese university and earns an annual salary surpassing one million yuan (approximately ₹1.16 crore). Additionally, he highlighted his enthusiasm for athletics and financial market investments. Lou further noted that he is the sole offspring of a prosperous family based in Yiwu, Zhejiang. Regarding his envisioned partner, Lou specified that she should have been born after the year 2000, making her at least ten years his junior. He delineated a preferred height range between 165 and 171 centimeters and underscored that she must possess a slender physique and an appealing overall appearance. Educational qualifications were another fundamental criterion, as Lou insisted that his potential girlfriend must have obtained at least a bachelor’s degree from one of nine distinguished Chinese universities.
23.03 / 00:33
Cooper
Trade
President
country
prevention
International
IAEA chief backs India's entry into nuke club NSG
International Atomic Energy Agency (IAEA) Director General Rafael Mariano Grossi, as he backed the country's entry into the coveted Nuclear Suppliers Group (NSG). Speaking to ET during his visit to India this week, Grossi stressed that countries that have important nuclear programmes and that manifest a wish to participate in a group (NSG) that fosters responsible trade in nuclear should be welcome. The IAEA director general recalled how when he was president of the NSG «we got very close». «The problem was not India in itself, it was the multilateral dynamic at the time.» Some countries including China and New Zealand had expressed reservations about India's entry into NSG. The NSG is a 48-member group that seeks to prevent the proliferation of nuclear weapons by regulating the export of nuclear materials and technology. The head of the UN's nuclear watchdog visited India to attend the Raisina Dialogue, and strengthen cooperation on nuclear energy and cancer care, among other issues. «I am proud to recognise Tata Memorial as an IAEA Rays of Hope Anchor Centre. A leader of the Global South, India has built strong cancer care expertise — now it's time to share it with the world. With this partnership, we will bring India's know-how to regions that need it most,» he said.
22.03 / 18:41
UPS
MET
President
country
International
Destinations
As pan-India 'BH' moves about, will states be tempted to display local identity even more prominently—a gopuram with TN, maybe?
licence plates “all manner of alphabetical permutations and combinations were on view”. This included JA (Jamaica), WAG (West Africa and Gambia), FM (Federated Malay States), BI (British India), M (Mandatory Palestine), EA (Kenya and East Africa) and SAU (South African Union). ToI explained that the UK allowed drivers from most countries to use their cars without paying any charge for 90 days, but because the US had not signed the relevant international convention: “American cars are required to be registered with British number plates and this is done at the ship’s side.” Licence plate-spotting goes back a while.
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