India Business News

**Nomura Maintains 'Buy' Rating on Kotak Mahindra Bank, Cuts Target Price**Nomura, a leading brokerage firm, has maintained its 'buy' rating on Kotak Mahindra Bank...

JSW Steel - A Strong Buy Signal JSW Steel and Divi’s Laboratories have emerged as the top stock picks for today, according to Somil Mehta,...

Aditya Birla Group chairman Kumar Mangalam Birla, in a recent assessment of global dynamics for 2025, highlighted the significant impact of the 'Trump Factor'...

**Government Reviews Import Basket as Trump Returns to White House**As US President Donald Trump returns to the White House, the Indian government is taking...

MLK Day 2025: US Stock Market Closed on January 20, 2025On Monday, January 20, 2025, the US stock markets will be closed to observe...

Paytm Reports Rs 208 Crore Loss in Q3 2024In a recent update, One97 Communications, the parent company of Paytm, disclosed a consolidated loss of...

Adani Group Enlists Top US Law Firms to Combat SEC AccusationsOn November 21, US authorities brought charges against Gautam Adani and his associates, accusing...

**Enhancing NPS Attractiveness for Budget 2025 Income Tax Expectations**Financial experts are calling for increased tax incentives to make the National Pension System (NPS) more...

Efforts to Combat International Number Fraud in Telecom DepartmentNEW DELHI: In a bid to tackle the rising menace of fraud through phone calls, the...

**Top Stocks to Watch on January 20 for Brokerages****Infosys: An All-Round Beat**Bernstein has maintained its ‘outperform’ call on Infosys with a target price of...

Increasing Delinquencies in Small-Ticket Personal LoansMUMBAI: Data for the September quarter of FY25 revealed alarming trends in the personal loan segment, particularly among borrowers...

Government and RBI Collaborate to Combat Online FraudIn a concerted effort to combat the rising menace of online fraud, the government of...

India's Economic Environment Prime for Private Investments: CII SurveyIndia's economic landscape is currently ripe for private investments, marking the country as a shining beacon...

Market Turmoil: Top Companies Lose Billions in Market ValueNew Delhi witnessed a massive shakeup in the financial sector last week as the combined market...

Wipro Reports Slight Revenue Decline in Q3In a recent earnings conference, Wipro announced a 0.7% year-on-year decline in revenue in constant currency for the...

**India's Automobile Industry Primed to Overtake Global Giants: A Vision by Minister Gadkari**In a bold statement that has sent ripples through the automotive world,...

India's Mobility Sector: A $600 Billion Revolution by 2030India's mobility industry is on track to soar past the $600 billion mark by 2030, as...

**Microfinance Defaults: Kotak and RBL Banks Report Higher Delinquencies**In a recent development, private banks Kotak Bank and RBL Bank have faced the brunt of...

**Olectra Greentech Revolutionizes Electric Bus Industry with Blade Battery Technology****Who, What, Where, When, Why, and How:**Olectra Greentech Limited (OGL), a leading electric bus manufacturer...

HCL Technologies IPO Celebrates Monumental 25-Year Milestone with Over 1300% ReturnsNEW DELHI: HCL Technologies recently marked a significant milestone in its history...

Forex Reserves Plummet to 10-Month Low Forex reserves in India have taken a sharp nosedive to a 10-month low, standing at $625.9 billion as of...

RBI Study: Forex Intervention Benefits Outweigh CostsMUMBAI: In a recent article published in the Reserve Bank of India's January bulletin, it has...

Tech Mahindra's Revenue Sees Modest Growth in December QuarterTech Mahindra, a leading IT services and consulting company based in Bengaluru, reported a...

Goyal to Meet EU Trade Commissioner: Key Focus and ImplicationsCommerce and industry minister Piyush Goyal is set to engage in crucial discussions with the...

Tech Mahindra Shines with Remarkable 93% Increase in Q3 Net ProfitMUMBAI: In a stunning financial revelation, Tech Mahindra, the country's fifth-largest IT services firm,...

ICICI Lombard, a leading general insurer, has just released its financial report for the third quarter of 2024, and the numbers are nothing short...

**FICCI Urges Government to Prioritize Investments and Reforms in Budget 2025**Finance Minister Nirmala Sitharaman is gearing up to present the Union Budget 2025, and...

India Needs to Lower Tariffs to Boost Competitiveness: US AmbassadorDespite the ongoing discussions about trade barriers between the United States and India, the outgoing...

**PNB CEO Sunil Kumar Appointed as Indian Bank Chief**In a surprising turn of events, Indian Bank announced on Thursday that seasoned banker Sunil Kumar...

10 Entities Settle Sebi Case by Paying Rs 6cr in FinesIn a recent development that has sent shockwaves through the financial world, ten entities...

Goldman Sachs AIF Investment Manager Fined by CCI for Not Disclosing Biocon DealIn a recent development in the financial world, the Competition Commission of...

US Federal Reserve Official Suggests Possible Interest Rate Cuts: Times of IndiaThe US Federal Reserve is considering cutting interest rates three or four times...

## Did Hindenburg Research Shutdown Due to Predatory Approach?### Hindenburg Research Ceases Operations Amid Controversy In a surprising turn of events, US-based Hindenburg Research, known...

FICCI Revises India's GDP Growth Forecast to 6.4% and Inflation to 4.8%NEW DELHI: The Federation of Indian Chambers of Commerce and Industry (FICCI)...

Stock Market Update: BSE Sensex Gains 450 Points, Nifty50 Crosses 23,300In a promising start to the day, Indian equity benchmark indices, BSE Sensex and...

Adani Group Stocks Surge 9% as Hindenburg Research Announces ClosureAdani Group stocks experienced a significant surge, with prices rising up to 9% following the...

**ShareChat Layoffs: 30 Employees Let Go**In a recent development, Google-backed regional content platform ShareChat has made the tough decision to lay off 30 employees...

India Energy Week 2022: Everything You Need to KnowThe highly anticipated third edition of India Energy Week (IEW) is set to kick off from...

JPMorgan Skyrockets with Over $14 Billion Net Income in Q4 2024JPMorgan is making waves in the financial world with a jaw-dropping 50% increase in...

**Navigating Leadership Challenges in Electric 2-Wheelers: Insights from Hero Moto****Who:** Hero Moto, the country's largest two-wheeler maker **What:** Investing Rs 1,000 crore in...

**PepsiCo Eyes Stake in Haldiram Snacks: Aggarwal Family in Talks**Senior executives from PepsiCo's New York headquarters are currently engaged in preliminary discussions with members...

India has successfully tested its first domestically developed micro-missile system, the 'Bhargavastra', engineered to counter swarm drone threats. The testing took place at the...

Expert Recommends Top Stock Picks for January 15, 2025In today's fast-paced financial world, it can be challenging to navigate the stock market and make...

Market Update: BSE Sensex and Nifty50 SurgeIn a surprising turn of events, the Indian equity benchmark indices, BSE Sensex and Nifty50, opened on a...

RBI Deputy Governors' Portfolios Rejigged as MD Patra's Term EndsIn a significant development, the Reserve Bank of India (RBI) has announced a reshuffling of...

**RBI Deputy Governor Patra Steps Down, Portfolios Reallocated**MUMBAI: The Reserve Bank of India (RBI) recently underwent a significant shift in leadership as Deputy Governor...

Extension of Interest Equalisation Scheme for Exporters: Commerce Ministry's Budget ProposalNEW DELHI: The Commerce Ministry is gearing up to push for an extended lifeline...

Expected Salary Hikes and Workforce Expansion in 2021: ReportNEW DELHI: In 2025, Indian employees are expected to see a significant increase in their salaries,...

Defending Chairman's 90-Hour Workweek: L&T HR Head Clarifies ControversyIn a recent turn of events, Larsen & Toubro's (L&T) HR head, Sonica Muraleedharan, has stepped...

**Beware of 'Narrative Stocks': Kotak Warns Investors in Times of India**Most segments of the stock market remain overvalued despite the steep correction in the...

**JSW Cement IPO Receives Sebi Approval for Rs 4,000 Crore Fundraising**NEW DELHI: In a significant development, JSW Cement, a prominent player in the cement...

Direct Tax Collection in India Soars to Record HighsIn a groundbreaking development, the net direct tax collection in India has surged by a staggering...

Government Capex Growth Predicted to Slow Down in FY26: Goldman Sachs ReportMUMBAI: In a recent analysis by foreign brokerage firm Goldman Sachs, it has...

HCL Technologies Reports 5.5% Increase in Q3 Profit and 5% Growth in RevenueIn a significant financial update, HCL Technologies, a leading IT company, announced...

Chinese Trade Surplus Hits $1 Trillion Mark with Pre-Trump ExportsChina’s trade surplus reached an unprecedented $992 billion in 2024, according to a statement from...

The stock market witnessed a significant downturn today, with the BSE Sensex plummeting by 800 points and the Nifty50 testing a critical level of...

Finance Ministry Calls Meeting to Review Progress of Financial Inclusion SchemesNew Delhi: The Finance Ministry has called for a crucial meeting with the heads...

Air India's Strategic Cabin Retrofitting to Focus on Premium SeatsIn a strategic move to capitalize on the post-Covid trend of premiumization, Air India is...

**Limitations of H-1B Visa Dependence: TCS CEO Shares Insights**In a recent interview with TCS CEO K Krithivasan, he shed light on the factors behind...

NFRA's Initiatives to Enhance Audit QualityIn a bid to elevate the standard of audits and foster better communication between auditors and companies' audit...

**Air India's Cost Structure Under Pressure as Rupee Falls; International Flights Offer Relief**In a recent development, Air India's cost structure has come under pressure...

**Impact of Trump 2.0 and Global Uncertainties on International Trade: Navigating Challenges in 2025**In a rapidly changing global landscape, the future of international trade...

**Investors Pouring Funds into Indian AI Startups**Investors are increasingly turning their attention to Indian artificial intelligence (AI) startups, viewing them as lucrative opportunities for...

Rupee Weakens to Nearly 86 per DollarIn a concerning turn of events, the Indian rupee has taken a significant hit, nearing the 86...

India's Industrial Growth Faces 6.2% Slowdown in FY25, Promising Revival on HorizonNEW DELHI: Brace yourself for a slight slowdown in India's industrial growth forecast...

**Laxmi Dental Secures Rs 314 Crore from Anchor Investors for IPO**In a significant move, Laxmi Dental has successfully secured Rs 314 crore from anchor...

**Indichip Semiconductors to Establish Rs 14,000 Crore Facility in Andhra Pradesh**Indichip Semiconductors Ltd, in collaboration with Yitoa Micro Technology (YMTL) from Japan, has officially...

Anand Mahindra Advocates Quality Over Quantity New Delhi: Anand Mahindra, the chairman of the Mahindra Group, recently weighed in on the ongoing debate surrounding the...

EMA Partners India SME IPO: Opening on January 17, Aiming to Raise Rs 76 CroreIn a bid to raise funds, Mumbai-based EMA Partners India...

India Exceeds Renewable Energy Capacity Goals with 30 GW Addition in 2024In a groundbreaking development, India has surpassed all expectations by achieving a remarkable...

Government Meeting to Discuss Startup Funding The department for promotion of industry and internal trade (DPIIT) is convening a crucial meeting with alternate investment funds...

India's Economic Outlook for 2025: IMF Chief Predicts Slight WeaknessNEW DELHI: In a recent press conference, Kristalina Georgieva, the Managing Director of the International...

Promoting Spot Trades: SBI Chief's Call for ActionMUMBAI: In a pivotal address at a National Institute of Securities Management event on Friday, SBI chairman...

Sebi's Mutual Fund Nomination Overhaul: A Game-Changer for InvestorsIn a significant move to boost transparency and reduce unclaimed assets in the securities market, the...

Maya & Leah Tata Appointed Trustees at Sir Ratan Tata Industrial InstituteMaya and Leah Tata, daughters of Tata Trusts chairman Noel Tata, have been...

Nikhil Kamath: Zerodha Co-Founder's Net Worth & Podcast with PM ModiPrime Minister Narendra Modi has made headlines by appearing on a podcast for the...

**Inflation Concerns in FY26: The Impact of Higher Raw Material Costs****NEW DELHI:** Inflation is looming as a significant risk for the financial year 2026,...

Practo's Revenue Skyrockets by 22% in FY24, GMV Hits Rs 3,500 CrIn a groundbreaking development, health-tech giant Practo has made waves by reporting a...

**Paperless KYC and Aadhaar Authentication Process for Post Office Savings Accounts**The postal department has unveiled plans for implementing a paperless Know Your Customer (KYC)...

Salesforce Shifts Focus to AI, Halts Engineer HiringIn a surprising move, Salesforce, the San Francisco-based software giant, has announced that it will not be...

Government Report Reveals Gold Double Counting IssueNEW DELHI: An alarming revelation surfaced on Thursday as the government disclosed a significant error in the import...

Equity Mutual Funds See Record SIP Flows in December: Over Rs 26,000 CroreMUMBAI: In a surprising turn of events amidst a volatile stock market,...

NRAI to Sue Zomato and Swiggy for Monopolizing Food Delivery MarketThe National Restaurant Association of India (NRAI) has taken a stand against food delivery...

Luxury Electric SUV Mercedes-Benz G-Glass Sells Out at LaunchNEW DELHI: Mercedes-Benz made waves in the Indian automotive market on Thursday by introducing one of...

Indian Microfinance Sector: A Booming IndustryIn a recent meeting chaired by M Nagaraju, secretary of the department of financial services (DFS), ministry of finance,...

Top 10 Strongest Passports 2025: Singapore Holds the CrownSingapore has emerged as the world's strongest passport in 2025, according to the latest rankings by...

**HSBC Downgrades India to 'Neutral': Sensex Target 2025**In a surprising turn of events, global banking giant HSBC has downgraded India's market outlook to 'Neutral'...

**Budget 2025: Will the Old Tax Regime be Abolished?**As we eagerly await the unveiling of the Budget 2025, the burning question on everyone's mind...

Unclaimed Rs 22,000 Crore with Life Insurance CompaniesMUMBAI: A staggering amount of nearly Rs 22,237 crore remains unclaimed with life insurers at the beginning...

Sebi Issues Warning to Ola Electric for Breaching Disclosure NormsIn a recent development, the Securities and Exchange Board of India (Sebi) has issued a...

Sebi Revises Working Norms for Credit Rating Agencies: Introduction to 'Working Days'New Delhi: The securities and exchange board of India (SEBI) recently made significant...

Record-Breaking Demand for Standard Glass Lining Technology IPOStandard Glass Lining Technology Ltd's recent initial public offering (IPO) has taken the market by storm, with...

Finance Ministry Appoints SBI Chairman C S Setty and Uday Kotak to NIIF Trustee Governing CouncilNEW DELHI: The Finance Ministry made a significant announcement...

McDonald's and Other US Companies Rolling Back Diversity InitiativesMcDonald's, the world-famous fast-food chain, recently made headlines with its decision to revamp its diversity, equity,...

India's GDP Growth Slows to 6.4% in FY25: NSO EstimatesIndia's economic growth is set to decelerate in the financial year 2024-25, with the National...

NEW DELHI: In 2024, India witnessed a surge in the used car market, with an impressive 76 per cent of Spinny customers being first-time...

RSS Unions Call for Income Tax Exemption Limit Increase to Rs 10 Lakh Ahead of Budget 2025In a bid to provide relief to the...

Gujjus: Dominating the Financial WorldIn a recent revelation by Zerodha CEO Nithin Kamath, it has come to light that the financial world is being...

PM Modi and Microsoft CEO Nadella Discuss AI Technology and Data PrivacyBENGALURU: In a significant meeting that could shape India's future in artificial intelligence...

Trade Unions Push for EPFO Pension IncreaseIn a recent development, trade unions have come together to demand a significant increase in the minimum pension...

India Emerges as Second Largest Gold Buyer in 2024: World Gold CouncilIn a surprising turn of events, India has solidified its position as the...

Investors Lose Rs 10 Lakh Crore as Market Ends in RedInvestors across India faced a devastating blow on Monday as the stock market witnessed...

Market Turmoil: BSE Sensex and Nifty50 Crash TodayIn a dramatic turn of events, the BSE Sensex and Nifty50 witnessed a sharp decline in trading...

Namo Bharat Trains: Revolutionizing Travel From Delhi to Meerut in Just 35 MinutesImagine being able to zip between Delhi and Meerut in under 40...

Stock Market Plummets: BSE Sensex Drops 1,200 Points, Nifty50 Nears 23,600In a surprising turn of events, the Indian stock market witnessed a significant downturn...

Standard Glass Lining IPO Oversubscribed: GMP, Price Band & DetailsIn a remarkable turn of events, the Standard Glass Lining IPO, a Rs 1,250 crore...

FMCG Industry Faces Challenges in Q3In the fast-moving consumer goods (FMCG) industry, companies are bracing themselves for a period of slower growth...

HDFC Bank's Deposit Base Surpasses Advances Post-MergerIn a significant financial development, HDFC Bank's deposit base has exceeded its advances for the first time following...

The capital expenditure in critical sectors such as telecom, railways, and highways has slowed down significantly, raising concerns about the impact on economic growth....

Understanding the NPS Systematic Withdrawal Plan The National Pension System (NPS) has introduced a systematic withdrawal scheme that allows retirees to manage their retirement corpus...

The World Bank is set to approve a groundbreaking $20 billion program for Pakistan, launching a 10-year initiative to shield development projects from political...

CII's Seven-Point Agenda for Employment Generation: Budget UpdateNEW DELHI: The Confederation of Indian Industry (CII) has put forth a comprehensive seven-point agenda aimed at...

Indian Banks Set to Achieve 12.5% Credit Growth in 2024-25: HSBCIndian banks are poised for a credit growth of 12.5 per cent in the...

RBI Expected to Cut Policy Rates by 50 bps in Early 2025: ReportNEW DELHI: The Reserve Bank of India (RBI) is anticipated to decrease...

UCO Bank's Q3 Total Business Grows by 12%UCO Bank has reported impressive growth in its total business for the quarter ending December 2024, showcasing...

Rural Poverty Decline to 4.86% in FY24: SBI ResearchIn a groundbreaking revelation, a recent SBI research report unveiled a remarkable decline in rural poverty...

Bank of Baroda Sees Impressive Growth in Advances and Retail LoansIn a recent report, Bank of Baroda revealed significant growth in its retail lending...

HDFC Bank Granted RBI Approval to Increase Stake in 3 BanksIn a significant development, HDFC Bank has received approval from the Reserve Bank of...

India's Exports Set to Break Records: Commerce Minister Goyal Predicts $800 Billion MilestoneIndia is on the brink of a monumental achievement in its economic...

JetBlue Airways Fined $2 Million for Unrealistic SchedulingThe US transportation department has imposed a $2 million penalty on JetBlue Airways for persistent delays on...