Mahindra & Mahindra, Bharti Airtel, Infosys, Tata Motors, Titan, Tata Consultancy Services, Nestle and Maruti were also among the major laggards. HDFC Bank emerged as the only gainer from the pack.
Experts say Canada's allegations regarding the Indian government's involvement in the fatal shooting of Khalistan Tiger Force chief Hardeep Singh Nijjar in Canada 'could be most significant test of strength of US-India partnership since early 2000s'.
The sweeping tariffs proposed across sectors by US President Donald Trump are scheduled to be imposed starting April 2, with most analysts worried about their impact on companies, and in turn the financial markets. Recently, the US administration signaled that it will impose sectoral tariffs on energy, pharmaceuticals, semiconductors, agriculture, copper, and lumber.
In a strongly-worded advisory, the Ministry of External Affairs (MEA) in New Delhi referred to "threats" targeting Indian diplomats and sections of the Indian community that oppose the "anti-India agenda", and asked Indian nationals to avoid travelling to regions and potential venues in Canada which have seen such incidents.
The escalating tensions between India and Canada have put Indian IT companies in a wait-and-watch mode but industry experts believe that there are no immediate areas of concern at this moment. Apex IT association Nasscom, in a statement, said since this is an evolving situation, it will continue to engage with stakeholders to track any potential areas of impact that may need support.
India has expressed concern to the US authorities over the treatment of deportees on a flight that landed on February 5, particularly with respect to the use of shackles, especially on women. The Ministry of External Affairs (MEA) has also registered its concerns regarding the need to accommodate the religious sensitivities and food preferences of the deportees. The US side has confirmed that no women or children were restrained on the deportation flights that landed in India on 15th and 16th February, 2025.
The killing of Khalistani separatist Hardeep Singh Nijjar remains an 'active and ongoing investigation', the Royal Canadian Mounted Police (RCMP) have said.
India on Friday rejected Canada's attempt to 'portray' the withdrawal of 41 of Canadian diplomats from the country as a violation of international norms, and asserted that ensuring two-way diplomatic parity is fully consistent with the provisions of Vienna convention on diplomatic relations.
External Affairs Minister S Jaishankar on Friday said that the Canadian allegations with regard to the death of a Khalistani separatist was discussed during his meeting with the Secretary of State Tony Blinken a day earlier and noted that the two delegations came out "better informed" after the meeting.
We must bring a laser focus on our own interests, and define our friends and foes more clearly instead of trying to live by somebody else's rules. We must grow up, think for ourselves, think India First, asserts R Jagannathan.
In a notification, the Union home ministry said Brar, backed by a Pakistan-based agency, has been involved in multiple killings and professes radical ideology.
Tahawwur Hussain Rana, a key accused in the 26/11 Mumbai terror attacks, was brought to India on Thursday after being "successfully extradited " from the US, the National Investigation Agency (NIA) said. The 64-year-old Canadian citizen of Pakistani origin landed in Delhi in a special plane on Thursday evening, ending days of speculation of when and how he will be extradited, officials said. The NIA said in a statement that it had secured the successful extradition after years of sustained and concerted efforts to bring to justice the key conspirator behind the 2008 mayhem that claimed 166 lives. Rana is accused of conspiring with David Coleman Headley alias Daood Gilani, and operatives of designated terrorist organisations Lashkar-e-Taiba (LeT) and Harkat-ul-Jihadi Islami (HUJI) along with other Pakistan-based co-conspirators, to carry out the the three-day terror siege of India's financial capital.
Top seed Carlos Alcaraz withstood a charge from qualifier Luca Nardi for a 6-1, 4-6, 6-3 victory in the second round of the Qatar ExxonMobil Open in Doha on Wednesday.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
Tahawwur Hussain Rana, a Pakistan-born Canadian national and close associate of David Coleman Headley, is set to be extradited to India from the US. Rana was involved in the planning and execution of the 2008 Mumbai terror attacks, which killed 166 people, including six Americans. He assisted Headley in obtaining a visa for India, established a front company in Mumbai, and helped in reconnaissance of targets in Mumbai and New Delhi. Rana was convicted in the US for providing material support to Lashkar-e-Taiba (LeT) and sentenced to 14 years in prison. His extradition to India will allow authorities to question him about his involvement in the Mumbai attacks and potentially uncover new information about the role of Pakistani state actors.
Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about $2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings.
Canada has evacuated a majority of its diplomats working in India outside of New Delhi to either Kuala Lumpur or Singapore after it gave Ottawa an October 10 deadline to reduce its diplomatic staff to achieve parity in strength following a row over the killing of Hardeep Singh Nijjar, according to a media report on Friday.
The spokesperson for the White House National Security Council said they are "coordinating and consulting" with Canada and also "engaging" with the Indian government.
After the 1962 War with China, there was a demand to forge greater defence cooperation between India and the West. One such voice was that of Sudhir Ghosh, a distinguished MP, to tie up strategic cooperation with the USA immediately after the Chinese attack on India, recalls Rup Narayan Das.
India needs another shot of difficult reform, of the kind only possible at gunpoint. Mr Trump holds that gun to our heads now. A drastic reduction in tariff protection, other elements of sarkari wet-nursing will force entrepreneurial India to become competitive again, argues Shekhar Gupta.
Deteriorating ties between India and Canada could have a bearing on flows into the domestic capital markets. At present, Canada is the seventh largest country for foreign portfolio investor (FPI) flows into India. According to the National Securities Depository Ltd (NSDL), the assets under custody (AUC) of FPIs domiciled in Canada stood at nearly Rs 1.8 trillion ($21 billion) at the end of August. Almost 85 per cent of these investments are in listed equity, while the remaining in debt and hybrid instruments.
From the 30-share blue-chip pack, Larsen & Toubro rallied nearly 5 per cent. Adani Ports, IndusInd Bank, Tata Motors, Reliance Industries, UltraTech Cement and Asian Paints were also among the major gainers. ITC Hotels, Zomato, Nestle and Maruti were among the laggards.
Shares of Oil marketing companies (OMCs) extended their gains for the fourth consecutive session on Thursday after crude oil prices plunged to six-month lows in the international markets, which boosted investor sentiments. Traders said the OMC stocks gained with crude oil prices hovering below $70 per barrel after OPEC-plus decision to increase output from April, a move which is expected to favour Indian refiners with added marketing margins on retail fuel.
Universities and immigration authorities take student conduct seriously. Behaviour that is deemed unacceptable or dangerous can lead to legal consequences, including deportation, warns Dr Pananjay Tiwari, founder and director, Impel Overseas Education.
In a provocative speech, Pannun used intimidating language against Prime Minister Narendra Modi, External Affairs Minister S Jaishankar and other leaders.
A group of eminent Indian-Americans has condemned the brazen hateful comments and a hostile environment against Hindus in Canada and asked Ottawa not to mix freedom of expression with freedom for terror and endorse hate crimes by being silent on the issue.
'As negotiations continue, the path forward demands not only diplomatic skill, but also vigilance against legal asymmetries embedded in America's trade playbook.'
Gurvinder Nath was delivering pizza at around 2:10 am on July 9 in Mississauga's Britannia and Creditview roads, when unknown suspects confronted him and tried to steal his vehicle, CTV News channel reported.
Aditya Mhatre shares some practical and actionable tips to save money and focus on what matters most when you are studying abroad
Fonseca cruised through the first set before Fearnley found his groove in the second to level the match on a windy day in the California desert.
He said that India is far more important strategically than Canada is and Ottawa picking up a fight with India is like "an ant picking up a fight against an elephant".
All this is happening because Canada has for decades deliberately invited these foreigners and their tribal conflicts into our country. We should recognise this major blunder and work with the government of India to find solutions instead of jeopardising our relations with a rising world power and an important ally over this issue
The couple were reported to have been returning from the competition and travelling with a group of young skaters.
Fabian cautioned that things may get worse if the current trajectory continues.
Unless something changes, Mr Trump is a huge threat right now, which is perhaps not being recognised fully, cautions Debashis Basu.
H S Prannoy's first round match against Canada's Brian Yang was suspended midway due to a leaking roof at the Axiata Arena in Kuala Lumpur on Tuesday.
A 67-year-old Indian-origin nurse, Leela Lal, was severely beaten by a patient at a Florida hospital, leaving her with multiple facial fractures and potentially losing her eyesight. Stephen Eric Scantlebury, the 33-year-old patient, allegedly made racially charged comments during the attack, leading to a hate crime enhancement in his charges. Lal's injuries are described as critical, with "essentially every bone in the victim's face" broken. Scantlebury remains jailed, with a judge ruling him a danger to the community.
India on Wednesday strongly trashed as 'smear campaign' a Canadian media report that claimed that the Indian prime minister was aware of the alleged plot to kill Sikh separatist Hardeep Singh Nijjar.
Investors' wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Fresh tariff threats that ignited global trade war fears and relentless foreign fund outflows dented investor sentiment, analysts said.
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