US court says Byju’s defrauded lenders

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bvXEWBu

Maha Kumbh, govt capex to push Q4 growth: Chief economic adviser

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LC7ZOHv

Sensex plunges 1,414 points to 73k, worst fall in 5 months

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NluKJpw

Retain interest rate at 8.25% for current FY: EPFO board

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IhvOyPa

AC prices heat up on weak Re, supply woes

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Z4tLcR

After private sector experiment, finance secretary Tuhin Kanta Pandey named Sebi chief

Tuhin Kanta Pandey has been named the new chairman of Sebi, succeeding Madhabi Puri Buch. Pandey, a 1987-batch IAS officer with extensive experience in finance, is known for his adherence to rules and clean image. He will face the challenge of addressing staff issues at Sebi and maintaining confidence among stakeholders.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1NFDRGw

Airtel 'in talks' with Tatas to buy DTH biz

Bharti Airtel is in discussions with the Tata Group to potentially acquire its DTH business, Tata Play, aiming to merge it with Airtel's Bharti Telemedia. This comes years after Airtel's acquisition of Tata Group's consumer mobile business. As of Q3 2024, Tata Play held a 32% share in the DTH market, ahead of Bharti Telemedia's 29.4%.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/SKYNJic

Double trouble for foreign education: Weaker rupee, tougher visas

A weak rupee is increasing costs for Indian students studying abroad, exacerbated by tighter post-education work visa norms in the UK and Canada. This could lead to longer loan repayment periods or higher EMIs. Experts suggest locking in foreign exchange rates early and seeking scholarships to reduce financial burden, while recommending students to focus on emerging fields for better job prospects.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/N2Yqsdl

Why foreign funds can't stop selling Indian stocks

Foreign funds have sold over Rs 2 lakh crore worth of Indian stocks since October last year, driven by weak earnings growth, falling rupee returns, and US market resilience. Market players note that India is not currently attractive enough for foreign investments, and higher US bond yields are also affecting their decisions.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vMfumEK

Tata Cap gets board nod for RBI-mandated IPO

Tata Capital's board has approved plans for an IPO to list by September, comprising fresh shares and stake-sale, potentially valued at $1.7 billion. This move complies with RBI's mandate for 'upper-layer' NBFCs. Tata Sons, holding 93% of Tata Capital, plans to sell shares to support other ventures, while maintaining a significant stake post-listing. A rights offering worth Rs 1,504 crore has also been approved.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vZ8fFbz

RBI relaxes rules for micro credit, non-bank lenders

The RBI has eased restrictions on lending to non-bank finance companies and microfinance institutions by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/i3V1d6v

FTA talks on: India, UK eye social security pact

India and the UK have resumed discussions on a free trade agreement, including social security and investment. India is open to reducing tariffs to foster competitive business relations. Both sides aim for a balanced and mutually beneficial deal, prioritizing quality over speed, with a focus on business visas for students.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/hpH0qZu

Sensex slips below 75k mark, logs lowest level in 8 months

The Sensex dropped for the fifth consecutive session, closing at an eight-month low of 74,454 points. Weak global sentiment and substantial foreign fund outflows affected the market. IT, telecom, and metal stocks led the decline, while the broader Nifty also fell significantly. Despite the selloff, optimistic forecasts suggest potential recovery.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/U9f4pCN

Sebi may expand angel fund investor pool, scrap 200 cap

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Mbhuqep

'Appropriate time for a rate cut': RBI governor in policy meet

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/FlBp5Zc

RBI imposes Rs 46 lakh penalty on three firms for non compliace

The Reserve Bank of India (RBI) fined Citibank NA, JM Financial, and Asirvad Micro Finance for regulatory non-compliance. Citibank was penalized Rs 39 lakh for credit data breaches, JM Financial fined Rs 1.5 lakh for non-disclosure of interest rate rationale, and Asirvad Micro Finance fined Rs 6.2 lakh for failing to report borrower income and other omissions.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8NPjhrE

India begins homework for proposed trade deal with US

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/RVaEQtJ

PhonePe prepares for public listing

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cjBRsD9

At $18.5 billion, FDI declines marginally in April-December

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/KEeZG5v

RBI net sold over $15 billion forex in December

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/erquC9k

Tesla’s cars coming soon to India? Company advertises positions for retail staff

Elon Musk may be finally moving forward with launching Tesla's electric cars in India, following recent discussions with Prime Minister Narendra Modi. Tesla has advertised for retail positions in Mumbai and is expected to import cars initially, encouraged by recent government policies and incentives.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9QcRp5f

PD Singh to take over as StanChart CEO from Zarin Daruwala

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Ve9JtY5

Calls for differential deposit cover intensify

India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited, particularly for senior citizens and small depositors, following recent banking issues.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9HGzuBM

New India Cooperative Bank fraud: General manager remanded in police custody until February 21

A Mumbai court has remanded Hitesh Mehta, a former general manager of New India Cooperative Bank, and Dharmesh Paun in police custody until February 21 for allegedly misappropriating Rs 122 crore. The Reserve Bank of India has taken control of the bank's board and imposed withdrawal restrictions amid ongoing investigations.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8xM6RUj

Biz key to becoming developed, have given it priority: Mandaviya

Labour and employment minister Mansukh Mandaviya emphasized the Modi government's priority on industry and trade to elevate India to a developed nation by 2047. Highlighting initiatives like 'Make in India' and 'Startup India', he noted the increase from four to 118 unicorns over the last decade.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LzJrfkm

Govt eyes a win-win trade deal with US

India and the US are hopeful of finalizing a mutually beneficial trade deal by fall 2025. Key aspects include reducing import duties and non-tariff barriers. The deal aims to enhance bilateral trade with a focus on Indian goods such as textiles and leather, while boosting US exports of industrial goods and agricultural products.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/iLmVjZC

Heavy FII selling reins in Rupee gains even as US Dollar stabilises

Foreign funds have withdrawn over Rs 1 lakh crore from the Indian stock market in 2025, impacting investor sentiment and causing the rupee to weaken. This outflow, combined with a strong dollar and rising US bond yields, has led to an ongoing market decline and increased volatility.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VDxuYiS

Govt keeping a close watch on prices & rupee, says FM Sitharaman

Finance minister Nirmala Sitharaman expressed confidence in moderating inflation while emphasizing that the government and RBI are monitoring the price situation. She addressed concerns regarding the fluctuating rupee and defended Budget calculations against criticism. Sitharaman highlighted the measures taken to manage food inflation and assured that the steps taken are realistic despite global economic uncertainties.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/UwpWT1v

Voda Idea CEO calls for more frequent telecom tariff hikes

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tPnaWLG

PetroBras plans to return, inks MoU with OIL, OVL

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/sZX5cGS

US dominates imports of almonds, pistachios

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/tPpSx0r

Sensex tumbles 1,018 points as Trump tariffs take toll

On Tuesday, the sensex and Nifty closed lower for the fifth straight session due to weak global and domestic cues. Trump’s tariffs and ongoing US trade policy uncertainty, along with a weak rupee and continuous foreign fund outflows, impacted market sentiment. Sensex dropped by 1,018 points, Nifty by 310, and mid- and small-cap indices saw significant losses.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/147JklS

Fed in no hurry for rate cuts: Jerome Powell hints no change in bank's policy

Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and a strong job market. Although future rate cuts are uncertain, Powell emphasized the prudence of maintaining the current policy stance amidst economic changes under the Trump administration.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Xjc2Ji

Record Street: Rupee nears 88/$, gold Rs 88k

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/6oFiIPl

'Government's capex spends set to gather pace'

Expenditure Secretary Manoj Govil anticipates an uptick in capital spending, citing early signs. He discusses upcoming 8th Pay Commission, expected by April, and its fiscal impact starting 2026. He also addresses the unified pension scheme aimed to be operational by April, foreseeing increased financial requirements.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1g8Lfhk

'Health insurance to beat motor business'

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Vv59NUu

Bajaj Auto to ride into e-rickshaw segment by end of ongoing fiscal

Bajaj Auto plans to enter the domestic e-rickshaw market by the end of this fiscal, anticipating a significant opportunity in the 45,000 units-per-month segment. The company aims to launch a modern e-rickshaw, enhancing satisfaction for owners and passengers. Additionally, Bajaj Auto seeks to boost its electric scooter market share with its newly introduced '35 platform'.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Qx5D2Ju

Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman

Finance minister Nirmala Sitharaman emphasized that coordinated fiscal and monetary efforts by the government and RBI will boost consumption. She noted early signs of strong orders for the next fiscal, indicating a recovery in consumption and potential private investment. Her remarks followed income tax relief measures and an RBI rate cut, highlighting collaboration with the RBI to maintain economic stability.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/41F5hCY

Small savings schemes may see lower rates in next fiscal year

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9Wi1evl

RBI expects economy to grow 6.7% in next fiscal

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/fejDRbN

Byju’s creditors to vote on resolution professional on Saturday

Byju’s interim resolution professional Pankaj Shrivastava has convened a committee of creditors meeting to vote on a permanent resolution professional. Glas Trust Company, holding 99.41% voting rights, can pass its preferred nominee. Previous resolution decisions were criticized by NCLT, leading to potential disciplinary action and Misconduct investigation, amid insolvency proceedings involving dues owed to BCCI.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oYDVyFL

Auto retail sales up 7% in January: FADA

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/lnw2EY7

Swiggy loss widens to Rs 799crore in Q3

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/T1l3KnP

GCCs set to top IT services companies in hiring, says report

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/1Va2FnD

Startups race to build indigenous AI models

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bcVa87l

Ratan Tata's aide Shantanu Naidu moves to new role in Tata Motors

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/aJ7sIBb

Manufacturing sector activity hits a 6-month high in January: Survey

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/dfnoFOU

Salary threshold rejig for tax-free perquisites soon

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/CmIvjlP

Input tax credit removal set to hit commercial realty companies

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real estate companies. This amendment overturns a Supreme Court judgment favoring ITC on leased buildings. Experts suggest investors' confidence may be affected and legal challenges are expected from taxpayers.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/otDzF6w

Union Budget 2025: Markets not moved by FM playing taxophone

The Budget proposals led to a muted response on Dalal Street, with the Sensex closing slightly up and Nifty down. Extreme bullish sentiment in certain sectors was balanced by strong selling in others. Market experts believe the Budget's long-term policies will positively impact the economy and stock market.

from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/MS9AvFB