Fuel prices in India have moved higher once again. Petrol and diesel prices were increased for the third time in May, extending a month of gradual revisions driven by elevated crude oil prices and continued geopolitical uncertainty linked to the Iran conflict. At the same time, the Centre argued that differences in state-level taxes, not […]
The Reserve Bank of India (RBI) has approved a record surplus transfer of ₹2.87 lakh crore to the Central Government for FY26, marking the largest dividend payout in the central bank’s history and providing significant support to government finances at a time of growing global uncertainty. The approved transfer amounts to ₹2,86,588 crore, exceeding last
Parle Industries extended its rally for a second straight session on Thursday, with shares gaining nearly 5% after retail enthusiasm spilled into the stock following a viral social media moment involving Prime Minister Narendra Modi and Italian Prime Minister Giorgia Meloni. At around morning trade, Parle Industries was trading at ₹5.51 on the BSE, rising
Parle Industries Shares Rally 5% for Second Day Despite No Link to Melody Toffees Read More »
Indian equity markets recovered sharply from early losses on Wednesday, with the Sensex rebounding nearly 700 points from the day’s low and the Nifty climbing back near the 23,650 mark amid value buying and improving sentiment around geopolitical developments. The session began under heavy pressure. In early trade, the Sensex had plunged more than 670
India loses all spots in world’s top 100 companies as the ongoing stock market correction erases Reliance, HDFC Bank, and TCS from the global market-cap elite., highlighting the scale of the ongoing correction in Indian equities and the growing pressure on the country’s largest listed firms. Reliance Industries, HDFC Bank, and Tata Consultancy Services (TCS)—all
India Loses All Spots in World’s Top 100 Companies as Market Selloff Deepens Read More »
Indian equity markets traded sharply lower on Monday, with the Sensex falling more than 700 points and the Nifty slipping near the 23,400 mark amid surging crude oil prices, rupee weakness, and escalating geopolitical tensions in West Asia. At around mid-morning trade, the Sensex declined nearly 709 points to 74,540, while the Nifty dropped close
Sensex Falls Over 700 Points, Nifty Near 23,400 as Crude Oil Surge Sparks Market Selloff Read More »
Indian stock markets rebounded sharply on Thursday, with the Sensex surging over 800 points and the Nifty climbing near the 23,700 mark amid value buying, easing volatility, and supportive global cues. At around midday, the Sensex was trading near 75,417, up more than 1%, while the Nifty advanced to 23,675. The recovery follows nearly four
Sensex Surges 800 Points, Nifty Near 23,700 as Value Buying Lifts Markets Read More »
The government on Wednesday sharply increased import duties on gold and silver to 15% from 6%, signaling a decisive policy move aimed at reducing precious metal imports and protecting India’s foreign exchange reserves amid rising global uncertainty. The decision comes at a sensitive moment for the Indian economy. With geopolitical tensions in the Middle East
Indian equity markets extended their losing streak for a fourth straight session on Tuesday, with benchmark indices witnessing sharp declines amid rising crude oil prices, persistent foreign investor selling, and renewed concerns over the fragile US–Iran ceasefire situation. By afternoon trade, the Sensex had dropped more than 900 points to near 75,092, while the Nifty
Indian equity markets witnessed a sharp selloff on Monday, with benchmark indices tumbling more than 1% amid rising crude oil prices, renewed geopolitical uncertainty, and growing concerns over India’s macroeconomic stability. The Sensex plunged over 1,100 points to near 76,226, while the Nifty slipped below the crucial 23,900 mark, reflecting widespread risk aversion across sectors.
