Indian Market

SEBI Chief assures investors: Indian stock market is stable, safe and growing strongly

SEBI Chief assures investors: Indian stock market is stable, safe and growing strongly

/ Indian Market /

SEBI Chairman Tuhin Kanta Pandey has assured that Indian stock markets are stable and well-protected, even as global markets face ups and downs. Just a month into his new role, he shared his plans to build a more transparent and technology-friendly market environment. Pandey said SEBI’s main goals are investor protection, market development, and proper […]

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Global market uncertainty grows as Trump hints at exceptions to 10% tariff rule

Global market uncertainty grows as Trump hints at exceptions to 10% tariff rule

/ Indian Market /

Former US President Donald Trump has said that there could be a few exceptions to his new 10% base tariff on most US trading partners. This comment was made while speaking to the media on his way to Florida. However, he also added that 10% would remain the minimum tariff for most countries looking to

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VIP Clothing share price jumps over 11% after tie-up with Zepto for fast innerwear delivery

VIP Clothing share price jumps over 11% after tie-up with Zepto for fast innerwear delivery

/ Indian Market /

VIP Clothing shares saw a sharp rise on April 11 after the company revealed a new partnership with Zepto to expand its reach in the fast-growing quick commerce segment. The stock jumped more than 11% in intraday trading as investors reacted positively to this strategic move. Through this deal, VIP Clothing’s popular brands like Frenchie,

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Biocon share price may react as USFDA clears cancer biosimilar Jobevne for US market

Biocon share price may react as USFDA clears cancer biosimilar Jobevne for US market

/ Indian Market /

Biocon shares are likely to be in focus on April 11 after its subsidiary, Biocon Biologics, received USFDA approval for its cancer treatment drug Jobevne. The medicine is a biosimilar version of Bevacizumab, which is used in cancer therapy. This is seen as a positive step for the company’s business in the US market. Jobevne

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RBI lowers India’s GDP forecast for FY26 to 6.5% amid global trade tensions and rate cut

RBI lowers India’s GDP forecast for FY26 to 6.5% amid global trade tensions and rate cut

/ Indian Market /

The Reserve Bank of India (RBI) has revised India’s GDP growth forecast for the financial year 2025-26 to 6.5%, down from the earlier estimate of 6.7%. RBI Governor Sanjay Malhotra made the announcement on April 9, during the central bank’s Monetary Policy Committee (MPC) meeting. This decision comes alongside a 25 basis points cut in

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Banking, NBFC and auto stocks perform better as RBI cuts repo rate and turns supportive

Banking, NBFC and auto stocks perform better as RBI cuts repo rate and turns supportive

/ Indian Market /

On April 9, rate-sensitive stocks like banks, NBFCs, and auto companies did better than the broader market, after the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points. The new repo rate is now 6.25%, down from 6.5% earlier. Along with this cut, the RBI also changed its policy stance to

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Trump to impose major import tariff on medicines, could impact Indian pharma exports

Trump to impose major import tariff on medicines, could impact Indian pharma exports

/ Indian Market /

US President Donald Trump has said that his government is planning a big tariff on imported medicines. This move is to push pharma companies to make their products inside America instead of depending on countries like China and India. Speaking at a political event, Trump said that a “major” tariff is coming soon. He did

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Chinese stock market bounces back after record fall as government steps in with strong support

Chinese stock market bounces back after record fall as government steps in with strong support

/ Indian Market /

After a sharp fall earlier this week, Chinese stock markets saw a strong rebound on Tuesday. This recovery came as China’s central bank and government-backed funds stepped in to support the falling market. The Hang Seng China Enterprises Index jumped by 3.5%, recovering from its worst trading day since the 2008 financial crisis. At the

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Govt hikes excise duty on petrol and diesel by Rs 2 per litre, no change in pump prices

Govt hikes excise duty on petrol and diesel by Rs 2 per litre, no change in pump prices

/ Indian Market /

On April 7, the Government of India increased the excise duty on both petrol and diesel by Rs 2 per litre. However, this increase will not affect retail prices at petrol pumps for Indian consumers. According to the latest notification from the Department of Revenue, the new excise rates will be effective from April 8,

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LPG cylinder prices to increase by Rs 50 from tomorrow, says Oil Minister Hardeep Singh Puri

LPG cylinder prices to increase by Rs 50 from tomorrow, says Oil Minister Hardeep Singh Puri

/ Indian Market /

Starting from tomorrow, the price of domestic LPG cylinders will go up by Rs 50, as announced by Union Petroleum Minister Hardeep Singh Puri. The cost of a standard 14.2-kg cylinder will rise from Rs 803 to Rs 853 for regular users. For Ujjwala Yojana beneficiaries, the new price will be Rs 553 per cylinder,

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