India’s economy expanded by 7.8% in the January-March quarter, performing better than economists had expected and reinforcing the country’s position as one of the world’s fastest-growing major economies. Official data released on Friday showed growth was supported by strong activity in construction and agriculture. The latest figure was higher than the 7.2% growth forecast in…
Indian equity markets ended lower on Tuesday as investors remained cautious amid mixed signals from global markets. The BSE Sensex closed around 300 points lower, while the Nifty 50 also finished in negative territory after a volatile trading session. Market participants tracked global developments, including movements in international equities, commodity prices and expectations surrounding major…
India’s sluggish IPO market may be heading towards a turnaround after fresh developments linked to Reliance-backed Jio drew strong market attention. Analysts believe the company’s latest strategic pivot could improve investor confidence at a time when several planned public offerings remain delayed due to weak market sentiment. The Indian primary market has witnessed slower activity…
Jewellery stocks came under pressure after the government increased gold import duty to 15%, triggering concerns over rising costs and weaker consumer demand. Shares of Titan Company and Kalyan Jewellers declined sharply during trading, with investors reacting to the potential impact on the jewellery sector. Market analysts said the higher import duty could increase gold…
Indian stock markets witnessed heavy selling pressure on Monday as the benchmark indices closed sharply lower. The BSE Sensex plunged nearly 1,100 points, while the NSE Nifty slipped below the crucial 23,900 mark. Investors remained cautious amid rising global uncertainty, surging crude oil prices, and continued foreign investor selling. The sudden decline wiped out significant…
As tensions in the Gulf region disrupt oil shipments through the strategically vital Strait of Hormuz, India is actively reassessing its energy import strategy. With a significant portion of global crude supplies passing through this narrow waterway, any halt or slowdown directly impacts major energy-importing nations — including India. Why the Strait of Hormuz Matters…
