Opinion Financial News

Tata Steel climbed up to 3% to Rs 159.25 on the BSE on Wednesday, driven by a broader steel sector rally. Brokerage Emkay Global said the stock is at a “point of inflection,” citing improving prospects across multiple fronts. The brokerage highlighted volume growth, a potential turnaround in its European operations, and attractive valuations as key factors supporting its bullish view. Emkay retained a ‘Buy’ rating on the stock.

IndusInd Bank shares will be in focus on Wednesday after Ashok Hinduja, chairman of IndusInd International Holdings Ltd (IIHL), said that the bank has not sought fresh capital from its promoters, despite a hit to its net worth due to an accounting discrepancy. IIHL, the investment arm of the Hinduja Group, recently received the Reserve Bank of India's (RBI) in-principle approval to increase its stake in IndusInd Bank from 16% to 26%.

Bangalore within the next decade by investing Rs 1.04 lakh per month across four mutual funds. At just 24 years old, with a high-risk appetite and a 10-15 year investment horizon, the investor has put money into Parag Parikh Flexi Cap Fund, Nippon India Small Cap Fund, Nippon India Large Cap Fund, and Quant Mid Cap Fund. Also Read | 2 out of 3 equity mutual funds outperform benchmarks in FY25. Which one do you own?

AI-generated avatars to deliver news of every ruling issued by the justices, marking what is believed to be the first example in the U.S. of a state court system tapping artificial intelligence to build more human-like characters to connect with the public. A court in Florida uses an animated chatbot to help visitors navigate its website, but the Arizona Supreme Court is charting new territory with the creation of Victoria and Daniel. Made of pixels, the two avatars have a different job in that they serve as the face of news coming from the court just as a spokesperson made of flesh and blood would do — but faster. The use of AI has touched nearly every profession and discipline, growing exponentially in recent years and showing infinite potential when it comes to things as simple as internet searches or as complex as brain surgery. For officials with the Arizona Supreme Court, their venture into AI is rooted in a desire to promote trust and confidence in the judicial system.

IREDA shares may remain in the spotlight on Tuesday, March 18, after the company’s board approved a Rs 5,000 crore enhancement in the borrowing program for FY 2024-25. According to the official statement, the additional borrowing will be raised through multiple instruments, including Taxable Bonds, Sub-ordinated Tier-II Bonds, Perpetual Debt Instruments (PDI), term loans from banks and financial institutions (FIs), credit lines from international agencies (multilateral and bilateral agencies), External Commercial Borrowings (ECB), short-term loans, and WCDL from banks.

«Base case scenario getting worked out that the first half of the next financial year, earnings should start bottoming out, reflecting in probably the spread narrowing as well,» says Mayuresh Joshi, Head Equity, Marketsmith India. The question which we are debating, deliberating, and discussing is that do we have a durable trading bottom in place for the market now and it will take a lot of global bad news or local events to break that recent low. Mayuresh Joshi: We have been analysing a lot of aspects, including how the gap between the bond yields and the earnings yields have probably panned out over the last 10 to 15 years and in terms of this narrowing of spreads, we are below the long term averages.

Stocks that were in focus include names like HAL, which rose 1.3% and BEL, which declined 0.06% and KPIT Tech, whose shares gained 3.2% on Monday.

Reserve Bank of India (RBI) has reassured depositors of IndusInd Bank that “there is no cause for concern” amid recent worries about the bank’s financial health. IndusInd Bank recently revealed that it faced some financial discrepancies concerning its currency derivative transactions over the past seven to eight years, which will result in a financial hit of Rs 1,600 crore. “There has been some speculation relating to IndusInd Bank in certain quarters, perhaps arising from recent events related to the bank. The Reserve Bank would like to state that the bank (IndusInd Bank) is well-capitalised and the financial position of the bank remains satisfactory,” the RBI said in a press release on March 15, 2025. Also read: After DCB Bank, Shivalik SFB, this bank slashes FD interest rates: Check latest FD interest rates

US economy. The outlook is bumpier than anticipated, with lower growth rates, greater inflationary pressures, and more complicated international economic and financial interactions.

The accompanying caption on platform X states, “1950: Car Parking on M.G. Road, Bangalore." First shared on March 15, the post has since accumulated over 22,000 views. While numerous individuals admired the old-world charm of Bengaluru, opinions remained divided on whether the city’s past was indeed superior to its present.

EPIC — from commitments made in court to the legal amendments required and the political opposition that is bound to follow. First is the question of the 66.23 crore Aadhaar numbers already collected by the poll panel until 2023. Shared voluntarily by EPIC holders, the 12-digit Aadhaar numbers have been «seeded» against Voter ID cards but the two databases have not been linked till date.

Holi in March 2024. There were around 487 schemes in the mentioned period. The top two performers were from Mirae Asset Mutual Fund. Mirae Asset Hang Seng TECH ETF FoF outshined in the mentioned period and offered 108.89% return since the last Holi. Mirae Asset NYSE FANG+ETF FoF delivered 33.60% return in the mentioned period.

Kuki-Zo organisations in Manipur are planning a referendum on the political future of the Kuki-Zo people, calling for the creation of a Union Territory. The exercise, titled Kuki-Zo People's Referendum Ballot, will allow voters to express their opinion via a simple question: «Do you, as a Kuki-Zo person in Manipur, support the creation of a Union Territory for Kuki-Zo villages, governed directly by the Government of India?» Voters can choose Yes or No, and their details will be recorded as per the Indian Electoral Roll. The move echoes the 1951 Naga National Council plebiscite, which claimed 99.9% support for Naga independence. Meanwhile, normal life in Kuki-Zo areas of Manipur remains disrupted for the fifth day due to an indefinite shutdown called by the Kuki-Zo Council (KZC). The protest is against the resumption of bus services between Imphal and the hill districts and the recent police actions.

retaliatory tariffs until Washington shows respect.

Subscribe to enjoy similar stories. Nvidia—the stock market’s AI darling—is not only cheap in historical terms, but it is notably less expensive than some other stocks you might not expect. Nvidia stock is one of, if not the most, frequently discussed artificial-intelligence trades on Wall Street.

William Lai Ching-te said Thursday tougher measures are needed to counter stepped-up Chinese infiltration, spying and other efforts to weaken the island's defences. Lai cited a range of recent incidents involving China that fall into a «gray area» of psychological warfare short of open armed conflict. Beijing's efforts to «subvert, obtain secrets, lure members of the armed forces and influence public opinion to lose confidence in our national defence require that we step up our legal safeguards to prevent and detect such incidents,» Lai said at a news conference. Lai's Democratic Progressive Party favours the island's continued de-facto independence from Beijing. China has refused almost all official contact with the DPP since Lai's predecessor, Tsai Ing-wen, was elected eight years ago. China regularly sends ships and planes into airspace and waters near the island in an effort to intimidate its 23 million people and wear down its armed forces and morale. Taiwan's government recently expelled the Chinese wife of a Taiwanese citizen after the woman repeatedly posted short clips on Chinese social media saying China would conquer Taiwan in half an hour and praising the Chinese leadership.

Microfinance company Satin Creditcare Network has raised $100 million in external commercial borrowing from Standard Chartered Bank and six Sri Lankan lenders. This is Satin's maiden syndicated social term loan raised from overseas lenders under the automatic route of the Reserve Bank of India (RBI). «Securing $100 million from new lenders, notably prominent Sri Lankan banks, amid challengingThis social loan marks a significant landmark as Satin Creditcare’s first syndicated transaction, reflecting the trust and confidence that global financial institutions have placed in us. It times highlights our strong governance, sustainable growth, and financial resilience,» Satin chairman HP Singh said.

JSW Energy will remain in focus on Thursday, March 13, after the company’s subsidiary JSW Neo Energy has entered into a share purchase agreement (SPA) for a 100% stake acquisition of Virya Infrapower Private Limited. Post this acquisition, Virya Infrapower will become a step-down subsidiary of the company.

Air India and IndiGo, to capitalize on the growing demand in the Indian market, according to a top executive. In an interview with PTI, Riyadh Air CEO Tony Douglas noted the importance of the Indian subcontinent to the airline's expansion plans. «It's not secret for us the importance of India and therefore we'll look to explore see whether its of interest of both parties...we're interested in the opinions that Air India and IndiGo have got. Hopefully, very excited announcements,» he said.

Manipur while impersonating Jay Shah, the son of Union Home Minister Amit Shah, were sent to six days of police custody by the Chief Judicial Magistrate Court, Imphal West on March 12. Ashem Tarunakumari Devi, CJM Imphal West, stated that one pen drive containing videos of the search, seizure, and arrest was presented. This Court is of the opinion that there is prima facie material to remand the accused persons for investigation, as it has been revealed that the mobile number which contacted the complainant's cousin brother belongs to accused Uvaish Ahmed. In the interest of a proper and effective investigation, this Court is inclined to allow the prayer for remanding them into police custody.

«Wow, Jennie’s manager is outright shading the other BLACKPINK members. Lol,» one user reportedly remarked. The review in question was overwhelmingly positive about Jennie’s latest solo album, Ruby, hailing it as not only the strongest effort from a BLACKPINK soloist but also one of the most remarkable individual releases in the K-pop industry. The critique particularly praised the album’s exceptional production, with contributions from renowned producers such as Dem Jointz, Mike Will Made It, and El Guincho.