News

Gautam Adani Reviews Navi Mumbai Airport Progress | Confirms Airport Date

Gautam Adani reviewed the progress of Navi Mumbai International Airport, calling it “a true gift to India” that will “redefine connectivity and growth.” Initially scheduled to open in April, the airport is now set for inauguration in June, Adani confirmed. Developed by NMIAL—a 74:26 joint venture between Adani Airport Holdings Ltd (AAHL) and CIDCO—the project aims to ease congestion at Mumbai Airport. Once fully completed, the five-phase airport will feature two runways and four terminals, with the capacity to handle 90 million passengers annually.

Gold Theme Play: Expert Recommends Muthoot Finance Amid Volume Growth and Gold Prices Surge

Gold prices have surged to unprecedented highs, both domestically and internationally, reigniting interest in gold-related companies. Spot gold prices recently crossed ₹91,000 per ten grams in India, while international gold reached over $3,000 an ounce. This surge has brought gold financiers like Muthoot Finance and Manappuram Finance, as well as exchange-related stocks like MCX, back into focus. On Business Today TV's "Market Today," Brijesh Ail, Head Technical & Derivatives, Retail Research, IDBI Capital Markets & Securities, discussed these opportunities. He noted significant buying momentum in Muthoot Finance, observing a gap-up opening and above-average trading volumes. Brijesh Ail believes this momentum will continue, projecting a directional trend towards ₹2,350-₹2,400 for the stock. He particularly highlighted Muthoot Finance's strong setup, driven by volume. He suggests that investors looking to capitalize on the gold theme could consider a fresh entry into Muthoot Finance, using today's low as a stop-loss, with a target of around ₹2,400.

‘Hard work vs entitlement’: Reddit thread reignites North vs South labour ethics debate in Tamil Nadu

The discussion has reignited debates on work culture and job ethics, with many agreeing that professionalism, rather than regional identity, determines job security in today’s economy.

Car prices to go up: Maruti Suzuki plans 4% hike from April 2025

Maruti Suzuki to raise prices again as input costs soar

How US-based Kellogg School of Management prepares students to be future-ready

Kellogg School of Management, which is part of Northwestern University, is focusing on learning with empathy, Dean Francesca Cornelli tells Business Today in an interaction

‘Bengaluru would have been like Bihar…’: Reddit debate erupts over city’s IT obsession

But what seemed like a passing comment triggered a fierce backlash from locals, who say reducing Bengaluru to just an IT hub is not only ignorant but erases the real spine of the city.

Tata Motors announces price hike, check stock reaction 

Tata Motors stock has clocked negative returns in period up to a year, falling 32% in six months and losing 30% in 52 weeks. 

IMD issues heatwave alert: Delhi may hit 40°C by month-end, heavy rain warning issued for these states

The ongoing heat follows India’s warmest February on record, adding to a global trend of rising temperatures. February 2024 was the 19th month in the last 20 where global average surface air temperatures surpassed the critical 1.5°C threshold.  

PVR Inox share: Will Chhaava, promoter buying, strong Q4 push this stock higher?

PVR Inox is is building up its asset-light growth strategy, particularly in South India, where it is expected to add 30–40 new screens, Nuvama noted.

'We are close to bottom but ...': Dinshaw Irani of Helios Capital on stock market

Commenting on the recent rejig in Helios' portfolio, Irani said the capital management firm has exited IT stocks, barring one. "We did exit a few of the platform companies too," he added.

FIR against Orry, six others for consuming alcohol in Vaishno Devi; police says accused will be ‘dealt with iron hands'

The police disclosed that Orry and seven others, including six Indians and a Russian national were allegedly found drinking alcohol at their hotel on Saturday.

IRFC dividend 2025: Stock ends higher after board decision; key details

IRFC Dividend 2025: Shares of the PSU player settled higher on Monday after the director board of railways-owned company considered and approved the proposal for an interim dividend

'A price fall doesn't...': Kotak's Nilesh Shah explains IndusInd Bank drop impact on mutual funds

IndusInd Bank shares plunged last week after the bank, in an internal review of its derivative portfolio, found discrepancies that could reduce its net worth by an estimated 2.35%

Stranded NASA Astronauts Sunita Williams, Butch Wilmore To Return As SpaceX Crew Dragon Docks At ISS

Market Guru | Exclusive: Dinshaw Irani | How To Survive & Thrive In Uncertain Markets?

The Indian stock markets remain under pressure, with Sensex and Nifty registering their fifth consecutive monthly decline in February—their longest losing streak since 1996. A combination of global economic uncertainties, FII outflows, and weak Q3 earnings has fueled widespread selling on Dalal Street. However, the market saw a brief respite, snapping its three-week losing streak in the week ending March 7, as Sensex and Nifty climbed nearly 2%. Despite this recovery, momentum faded in the second week, with benchmarks settling 0.7% lower. The initial rebound was driven by value buying in beaten-down mid and small-cap stocks, supported by strong Q3 GDP data, lower inflation, improved industrial output, and stable crude prices. In the third week, market movements remained mixed, with Sensex declining 0.67% over the last five sessions, while Nifty gained 0.69%. On March 17 (Monday), Nifty closed 0.53% higher, and Sensex ended the day up 0.48%, reflecting cautious optimism. Join Dinshaw Irani, CEO, Helios Capital, in this edition of Market Guru, as he unpacks market trends, investment strategies, and the outlook for investors navigating these uncertain times.

Live From Katchatheevu: Ground Report On Fishermen’s Struggle Against Sri Lankan Navy

India Today brings you an exclusive ground report from Katchatheevu, the island at the heart of a heated dispute between Tamil Nadu fishermen and the Sri Lankan Navy. For centuries, Rameswaram’s fishermen have depended on these waters for their livelihood, but now, they face arrests, fines, and even imprisonment as Sri Lanka tightens its grip on the region. Watch as we sail to Katchatheevu, interact with affected fishermen, and question Sri Lankan officials on the escalating tensions. Why are Indian fishermen being arrested? What’s the political deadlock between India and Sri Lanka? Find out in this on-ground investigation.

Hydrogen train faces economic viability challenge

Indian Railways is set to launch hydrogen powered train on a pilot basis as part of its zero-carbon emission road map, but financial viability is likely to impact scalability of this green transportation technology

Realme P3 to cost ₹16,999 in India, launch on 19 March alongside P3 Ultra and Buds Air 7

Realme skipped the P2, and is now bringing the P3 to India at an affordable price.

Ola Electric In Court: Shares Fall 8% As Company Faces Lawsuit By Number Plate Maker

Ola Electric is facing mounting challenges, with news surfacing that Rosmerta Digital Services, a high-security number plate manufacturer, has filed a petition against the company at the National Company Law Tribunal, Bengaluru, seeking to initiate corporate insolvency proceedings due to alleged payment defaults. In response, Ola Electric has stated they strongly dispute these claims and have sought legal counsel. On Business Today TV's "Market Today," experts weighed in on the stock's situation. Vinit Bolinjkar, Head Research, Ventura Securities, expressed concern over Ola Electric's inability to maintain stable sales volumes, especially as the EV space is poised for growth. He suggested that if the company cannot regain sales momentum, it raises serious questions about product acceptability. Vinit Bolinjkar anticipates continued negativity surrounding the stock. Meanwhile, Vaishali Parekh, VP Technical Research and Analysis, Prabhudas Lilladher, acknowledged that Ola Electric is currently in a deep oversold territory and on a downward trend. She indicated that they are awaiting a reversal signal before making any further assessment, emphasizing the stock's current weakness. The combination of legal disputes and sales volume concerns paints a challenging picture for Ola Electric, with experts advising caution and a wait-and-see approach.

Ashwini Vaishnaw: India's Hyperloop Tube To Be World's Longest At 410m

India is racing towards the future with its ambitious Hyperloop project at IIT Madras, featuring Asia’s longest Hyperloop tube at 410 meters, soon to become the world’s longest. Union Railway Minister Ashwini Vaishnaw inspected the project alongside Tamil Nadu BJP President K Annamalai, highlighting India’s progress in high-speed transportation. The Hyperloop, capable of reaching 1,000 km/hr, is being developed using indigenous technology, with key components manufactured at Integral Coach Factory, Chennai. With successful test results and government backing, India is poised to redefine ultra-fast travel.

Amid data governance push, Citigroup overhauls IT workforce, reduces contractor reliance by 30%

Currently, half of Citigroup's IT workforce is composed of external contractors, but the bank intends to decrease this proportion to 20% by 2025