To counter potential U.S. trade actions, India is exploring options like lowering import tariffs and boosting purchases of American goods, aiming to reduce its trade surplus and strengthen economic relations.
In a historic milestone, gold prices in India have surged past the ₹80,000 mark per 10 grams for the first time. The unprecedented rise underscores growing investor interest in the yellow metal amid heightened global economic uncertainties and market volatility. “Gold as a Safe-Haven Investment” Market analysts attribute this record-breaking surge to increased
Foreign portfolio investors (FPIs) have sold approximately $5 billion worth of Indian equities in recent weeks, reflecting cautious sentiment over diminishing profit expectations in India’s stock market. This significant outflow signals a shift in investor appetite as global and domestic factors weigh on market dynamics. “Profitability Concerns Drive Sell-Off”
HDFC Bank, India’s largest private sector lender, has reported a 2.2% increase in its net profit for the third quarter of the financial year, reaching ₹16,735.5 crore. The announcement has bolstered investor confidence, leading to a rise in the bank’s share price during trading. “Strong Financial Performance” The bank’s strong quarterly performance was
Infosys founder Narayana Murthy has clarified his remarks on the 70-hour workweek debate, addressing the discussions sparked by his recent statements about work ethics and productivity. In a recent interaction, Murthy explained the philosophy behind his views, emphasizing the importance of commitment and dedication in achieving success. Work Ethics and Dedication Murthy, a
Zomato, the food delivery and restaurant aggregator platform, witnessed a dip in its share price following concerns about the profitability trajectory of its quick-commerce subsidiary, Blinkit. Market analysts have flagged Blinkit as a key factor impacting Zomato’s financial outlook, prompting a reassessment of share price targets. Blinkit’s Performance Raises
The Mediterranean Shipping Company (MSC), the world’s largest container shipping line, is considering India as a strategic hub for its shipbuilding and repair operations. This move highlights the growing recognition of India as a key player in the global maritime industry, driven by its robust infrastructure and skilled workforce. India’s Potential in
India and the European Union have agreed to collaborate on developing advanced technologies and securing critical raw material supply chains to strengthen economic ties and support sustainable development.
Kotak Mahindra Bank has projected an improvement in its net interest margin (NIM), underlining its confidence in a stronger financial performance in the upcoming quarters. This optimism comes as the bank continues to enhance its operational efficiencies and align with evolving market dynamics. The bank’s management highlighted its focus on maintaining a healthy balance