The Reserve Bank of India (RBI) on Friday kept the benchmark (unchanged repo rate) at 5.25% and maintained its “neutral” policy stance, signalling that the central bank is prioritising stability as the economy navigates rising inflation risks, rupee pressure, and global geopolitical uncertainty. The decision was widely expected by markets, but the message behind it […]
India’s electric vehicle industry is gearing up for its biggest product expansion yet, with automakers and two-wheeler manufacturers expected to launch between 40 and 50 new electric vehicles and variants during FY27, translating into nearly one new EV launch every week. The aggressive rollout comes as consumer interest in electric mobility continues to accelerate, driven
Indian benchmark indices staged a sharp recovery on Wednesday, with the Sensex rebounding nearly 1,000 points from its intraday low and the Nifty reclaiming the 23,450 level, as investors stepped in to buy stocks after a steep morning selloff. The recovery came after a highly volatile trading session that saw both benchmark indices plunge more
Beverage giant Coca-Cola has announced plans to explore a public listing of Hindustan Coca-Cola Holdings Pvt Ltd (HCCH), the parent company of its largest bottling business in India, marking a significant step in the company’s long-term strategy for one of its fastest-growing markets. The proposed listing, which could take place as early as 2027, would
Indian benchmark indices surrendered early gains on May 29, with the Sensex falling nearly 500 points from its intraday high and the Nifty slipping towards the 23,800 mark as investors turned cautious amid uncertainty surrounding a potential US-Iran peace agreement and continued foreign institutional investor (FII) selling. At around 12:16 PM, the Sensex was trading 171
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 »
