RR Finance News Corner

Sterlite Electric Ltd., global leader in power transmission and cable conductor manufacturing, has made a healthy start to the year by winning orders of ₹1,500 crore in the April–June quarter of FY'26. The orders were largely contributed by green power projects and export orders and reflect growing orders for Sterlite's state-of-the-art technologies in the Indian as well as global markets...

The Metropolitan Stock Exchange of India (MSEI) has once again made headlines by raising ₹1,000 crore in its second capital round—announced on 26 August 2025. Adding this fresh infusion to the ₹240 crore raised in December 2024, the exchange has amassed a total of ₹1,240 crore in recent months, reflecting renewed investor confidence and heightened expectations...

Corporate bond markets in India are witnessing a sharp surge in fundraising activity as businesses race to secure low-cost capital. With interest rates stabilizing and investor appetite remaining strong, companies are turning to the bond route to raise funds for expansion, refinancing, and working capital needs...

Investors are increasingly turning to unlisted shares to tap into growth opportunities before companies go public. These pre-IPO stocks in India provide early exposure to promising businesses. Notably, Lenskart, OYO, and Big Basket have the potential to collectively add more than ₹1 lakh crore to India’s market capitalization in the coming years...

Vikram Solar Ltd has announced its highly anticipated Vikram Solar IPO, setting the IPO price band at ₹315–₹332 per share, nearly 14% lower than its current unlisted shares valuation of ₹385 per share. This strategic pricing creates a clear grey market valuation gap, which could work in favour of IPO investors seeking potential listing gains...

A recent report by the State Bank of India (SBI) shows a potential shift in the Reserve Bank of India's (RBI) approach to using the Cash Reserve Ratio (CRR). Instead of being just a liquidity management tool, CRR may be increasingly used as a regulatory intervention mechanism to stabilize the financial system and manage liquidity more effectively...

India's manufacturing sector recorded its strongest expansion in six months in January 2025, supported by rising domestic and export demand. The HSBC India Manufacturing PMI, compiled by S&P Global, increased to 57.7 from December’s 56.4, remaining well above the 50-mark that separates expansion from contraction. This resurgence in manufacturing activity has encouraged firms to expand their workforce at the fastest pace since the survey began in March 2005...

Lindy Cameron, the British High Commissioner to India, has said that talks on a bilateral investment treaty and a free trade agreement (FTA) will resume between the UK and India...

The Reserve Bank of India (RBI) addressed the prevailing liquidity deficit by injecting ₹1.45 lakh crore on Thursday via two overnight Variable Rate Repo (VRR) auctions. The first auction, amounting to ₹1.25 lakh crore, attracted bids worth ₹1.69 lakh crore, while the second auction of ₹50,000 crore received bids totaling ₹20,668 crore. The RBI’s objective is to align overnight rates with the repo rate, which currently stands at 6.51%...

India is currently examining the recent trade memorandum issued under the "America First Trade Policy" to assess its implications on bilateral trade with the United States, which remains its largest trading partner. Officials indicate that the White House's directive to the US Trade Representative (USTR) to identify potential countries for bilateral or sector-specific trade agreements is a favorable development for India...

India’s economic landscape is increasingly favorable for private investments, with the nation emerging as a “bright spot” amid global challenges, according to a recent survey conducted by the Confederation of Indian Industry (CII). The interim findings indicate that 75% of businesses believe the current environment is conducive to private investment, while 97% of surveyed firms are likely to expand their workforce in the coming financial years...

The Reserve Bank of India (RBI) has announced key changes to foreign exchange (FX) regulations to promote the use of the Indian Rupee and other currencies in global trade. This significant policy shift aims to strengthen India's trade landscape and streamline cross-border transactions...

India is expected to experience a remarkable fivefold surge in green investments, reaching ₹31 lakh crore from 2025 to 2030, according to a credit rating agency CRISIL report. This substantial increase is a significant step toward meeting the nation’s updated Nationally Determined Contributions (NDCs) under the Paris Agreement. These commitments include reducing the carbon intensity of GDP by 45% from 2005 levels by 2030 and ensuring that at least 50% of installed power capacity comes from non-fossil-fuel-based sources...

Union Minister Hardeep Singh Puri has expressed confidence that India’s focus on energy security will accelerate its journey to a $4 trillion economy, likely ahead of the International Monetary Fund's (IMF) 2027 projection. Speaking at the 7th Mangaluru Literary Festival, Puri emphasized how strategic energy policies are empowering India’s economic ambitions...

The stated trade deficit has significantly decreased as a result of India's revision of its gold and silver import numbers for the April–November FY25 period. The most significant change was the $5 billion reduction in gold imports for November, which went from the previously reported $14.86 billion to $9.84 billion. After this modification, the trade deficit for the month was reduced from the initial estimate of $37.8 billion to $32.8 billion...

The Bank of Baroda forecasts robust economic growth for India in the upcoming financial year (FY26), projecting a 6.8% real GDP growth and 10.5% nominal GDP growth. This positive outlook is supported by strong economic indicators, robust domestic demand, and a promising agricultural outlook. While global headwinds pose challenges, the report emphasizes the importance of sustained investment and consumption for maintaining this growth momentum...

According to a Bank of Baroda analysis, India's Consumer Price Index (CPI) inflation is expected to drop from 5.5% in November to 5% in December 2024.

Due in large part to a notable decline in the cost of essential vegetables like potatoes, tomatoes, and onions, the report projects an upbeat inflation prognosis. "From 5.5% in November...

As international investors, particularly those from the Middle East, Japan, the European Union, and the United States, increasingly see India as a top investment destination, the country is seeing a strong increase in Foreign Direct Investment (FDI). Piyush Goyal, the minister of commerce and industry, claims that this trend is generating millions of job possibilities in addition to propelling economic growth...

The Export Inspection Council (EIC) is enhancing India's food testing facilities by setting up new laboratories in Ahmedabad, Faridabad, and Mangalore, while also working towards establishing Mutual Recognition Agreements (MRAs) globally to improve export efficiency. With 78 accredited laboratories and a twofold increase in export certifications over the last ten years, the EIC's reliable certification system is acknowledged by prominent international regulatory agencies, demonstrating India's dedication to maintaining global quality standards...

India's Balance of Payments (BoP) showed notable improvement in the second quarter of FY25, fueled by strong capital inflows from Foreign Portfolio Investments (FPIs), External Commercial Borrowings (ECBs), and deposits from Non-Resident Indians (NRIs), as reported by the Bank of Baroda. The surplus in the capital account increased to $11.9 billion in Q2 FY25, compared to $10.3 billion during the same quarter last year. The report noted, “India's balance of payments saw an increase of $18.6 billion in Q2 FY25, in contrast to $2.5 billion in Q2 FY24. This was aided by significant inflows from FPIs, ECBs, and NRI deposits.”..

India's recent agreement with the US regarding critical minerals is seen as a major advancement in enhancing their bilateral relationship, as stated by the government. This partnership is designed to take advantage of benefits provided under the US Inflation Reduction Act (IRA), especially for the electric vehicle (EV) industry. New Delhi has suggested a Critical Minerals Partnership Agreement (CMPA) with the US, highlighting its desire to formalize this alliance...

The Government of India has partnered with the Asian Development Bank (ADB) to boost green and sustainable infrastructure initiatives. A loan agreement for USD 500 million (approximately Rs 4,250 crore) has been signed to fund projects aligned with India’s climate goals. This loan, backed by a sovereign guarantee, will be channeled through the India Infrastructure Finance Company Ltd (IIFCL), according to a statement from the Ministry of Finance on Monday...

The current fiscal year had a 16.45% increase in India's net direct tax receipts, surpassing Rs 15.82 lakh crore. Strong performance in the corporate and non-corporate tax divisions is responsible for this notable development. Additionally, gross direct tax receipts have grown significantly, rising by 20.32% to Rs 19.21 crore. Despite a 42.49% increase in refunds to Rs 3.38 lakh crore, non-corporate tax collections have shown very robust growth momentum...

For the third time in a row, the US Federal Reserve lowered interest rates by a quarter-point on Wednesday. Despite worries about possible deflation and the possible effects of recent policy changes, this decision was made...

Business interactions between India and the UK experienced remarkable growth in 2024, with British clients receiving payments from India increasing by an impressive 121%, according to data from HSBC UK. The multinational bank showcased these figures as part of its initiatives to aid businesses functioning along the India-UK trade corridor...

Third-quarter advance tax revenues of Rs.3.14 lakh crore represented a significant 16.8% year-over-year rise. This growth, according to economists, indicates that the economy is rebounding from the decline that occurred during the previous quarter, which was characterized by poor growth...

According to the Bank of Baroda, India's exports to the US have grown at a compound annual growth rate (CAGR) of 10.3% over the previous 30 years, reaching USD 77.5 billion in FY24. It's interesting to note that up to FY00, India's export growth to the US exceeded that of all exports. But up until FY10, growth slowed due to the global financial crisis of 2008. India's export growth to the US has continuously outpaced overall export growth since FY10, underscoring the growing importance of the US market for Indian exports...

The Reserve Bank of India's (RBI) recently appointed governor, Sanjay Malhotra, stressed the value of continuity, stability, and inclusivity in the formulation of public policy. Malhotra emphasized these values as the cornerstone of his leadership style and said the RBI is an organization that has both a strong commitment to the general welfare and the flexibility needed to meet modern challenges...

According to a Morgan Stanley analysis, India's Consumer Price Index (CPI) inflation is expected to decrease from 6.2% in October to 5.5% year-over-year in November. According to the research, a sequential dip in the monthly Consumer Price Index (CPI) is anticipated, mainly due to a decrease in food costs. Another important element attributed to the total reduction was a slowing in the core CPI, which does not include food and fuel...

The Reserve Bank of India (RBI) announced its latest monetary policy decisions on Friday, December 6, 2024. The Monetary Policy Committee (MPC) has decided to maintain the policy repo rate at 6.50%, including the standing deposit facility at 6.25% and the marginal standing facility and Bank Rate at 6.75%...

China and the United States, India's two major trading partners, have had a big impact on the nation's global trade dynamics. These relationships have changed significantly over the last ten years, exhibiting divergent patterns that, as Crisil pointed out in a recent investor note, are frequently overlooked in more general conversations...

India Ratings and Research (Ind-Ra) announced on Wednesday that India’s fiscal deficit for 2024-25 is anticipated to be 4.75% of the gross domestic product (GDP), 19 basis points lower than initially budgeted. This reduction is attributed to the government’s fiscal discipline and subdued economic activity during the first half of the fiscal year. India Ratings and Research (Ind-Ra) stated that the government is on track to meet its fiscal deficit target of 4.5% of GDP by 2025-26...

Recent gold purchases by the Reserve Bank of India have strengthened the nation's foreign exchange reserves, reversing a sharp decrease of $47 billion over five weeks brought on by large withdrawals by foreign portfolio investors...

The Reserve Bank of India (RBI) purchased US dollars, with net acquisitions totaling $9.6 billion in September. This marked the central bank’s highest monthly purchase in six months, aimed at absorbing significant dollar inflows into domestic stocks and bonds while curbing excessive appreciation of the rupee. The rupee appreciated by 0.1% in September, driven by strong investor risk appetite following the US Federal Reserve's substantial 50 basis points rate cut...

In order to promote industrial growth and increase capacity, Finance Minister Nirmala Sitharaman underlined the significance of lowering borrowing costs. Speaking at the 11th SBI Banking and Economics Conclave, she listed government programs targeted at stabilising the economy and addressed urgent economic issues like inflation. Measures to assist businesses, especially small and medium-sized firms (SMEs), were given special attention...

A CRISIL analysis states that although Donald Trump's anticipated tariff rises would pressure India's export industry, the nation's robust services trade surplus, and consistent remittance inflow could provide financial support and relief...

According to a recent Moody's report, India's economy is currently in a favorable macroeconomic situation, combining robust economic expansion with falling inflation rates. According to the credit rating agency, India's GDP is expected to increase by 7.2% in 2024, 6.6% in 2025, and then somewhat less by 6.5% in 2026....

India's trade relations with the United States are set to continue expanding regardless of any changes in the U.S. administration. Recent data from the commerce ministry shows a significant increase in India's exports to the U.S., which rose to USD 39.2 billion in October, compared to USD 21.46 billion in the same month in 2015....

In the third quarter of FY25, India's merchandise exports are expected to exceed $107.5 billion, with a significant rise in non-oil exports. Strong economic activity and increased demand from foreign trading partners are driving this expansion. Exim Bank predicts that the growing trend will continue into the last quarter of the fiscal year. However, this optimistic view could be jeopardised by geopolitical problems and global economic difficulties....

India collected ₹12.1 lakh crore in net direct taxes between April 1 and November 10, an increase of 15.4% from the previous year. Both corporate and individual income tax collections are included in this amount. According to an official statement from the income tax department, direct tax receipts climbed by 21.20% on a gross basis during this time, amounting to ₹15 lakh crore....

India's central bank may postpone any potential rate cuts until at least February, according to economists. This decision reflects concerns over rising imported inflation, stemming from a weakening rupee and elevated U.S. bond yields. The economic environment was further influenced by the election of Donald Trump, who has supported imposing higher tariffs. The combined factors present a complex scenario for the Reserve Bank of India as it balances inflationary pressures with growth considerations...

At a press conference, Deputy Governor Rabi Sankar said that the Reserve Bank of India (RBI) is ready to handle any sudden changes in the exchange rate that might occur due to Donald Trump's presidency. Additionally, he rejected the idea of giving European authorities supervision over India's bond-clearing mechanism, calling it a breach of national sovereignty...

The possible return of Donald Trump to the White House has raised concerns about a more protectionist approach in the world's largest economy. Experts have expressed apprehension over his strong criticisms of existing trade policies, particularly concerning China and India, and his opposition to outsourcing American jobs.

India's GST Revenue reached ₹1.87 lakh crore in October, representing the second-highest monthly GST collection on record. This growth highlights the strength and resilience of India’s economy, even as global uncertainties persist. The October GST collection saw an 8.9% increase compared to last year.

The Reserve Bank of India (RBI) has raised its domestic gold reserves by over 100 metric tonnes in the first half of the fiscal year, ending in September. This increase also boosted gold’s proportion within the country’s total foreign exchange reserves, reflecting the central bank’s intensified gold acquisitions.

At the India Entrepreneurs Forum (IEF), the South African representatives of the State Bank of India (SBI) and the India Exim Bank emphasised how the two banks are actively helping African companies bridge trade finance gaps. Mahesh Kumar, India's consul general, is leading this conference, which is the first of several cooperative interactions with the IEF intended to improve economic relations.

The Reserve Bank of India’s optimistic growth projections for the world’s fastest-growing major economy are stirring both confusion and concern among economists.

A study found that India's Dedicated Freight Corridors (DFCs) are projected to contribute ₹16,000 crore to the nation's GDP. The launch of the Western DFC (WDFC) has already reduced freight costs and travel times, lowering commodity prices by up to 0.5%. From FY 2018-19 to FY 2022-23, DFCs contributed 2.94% to Indian Railways' revenue growth, handling over 10% of the country’s rail freight.

The IMF’s latest World Economic Outlook report underscores a notable transition in global manufacturing, favoring emerging markets such as India and China. It forecasts India's GDP growth to ease to 7% in 2024 and 6.5% in 2025, as the surge in demand triggered by the pandemic subsides.

During the India Credit Forum hosted by Bloomberg, RBI Governor Shaktikanta Das expressed concerns over possibly cutting interest rates in the December upcoming Monetary Policy Committee (MPC) meeting. He emphasized that such a move would be "risky and premature" as India's economic growth remains stable, while inflation shows signs of moderation.

India has offered a ₹487.60 crore credit line to Mauritius to support the replacement of 100 km of aging water pipelines. This is the first instance of a rupee-denominated loan under the IDEAS scheme, reflecting India’s dedication to advancing socio-economic progress in the Global.

India has granted a new line of credit worth ₹487.60 crore to the Government of Mauritius, aimed at financing a water pipeline replacement project, as announced by the Ministry of External Affairs on Thursday.

On October 16, 2024, the Securities and Exchange Board of India (SEBI) increased the position limits for index futures and options applicable to trading members (TMs). Under the revised rules, the position limit for both client and proprietary trades has been raised to Rs 7,500 crore or 15% of the total open interest in the market, whichever is higher. Previously, the limit for trading members, covering both proprietary and client trades, was Rs 500 crore or 15% of the total open interest. The new position limits are effective immediately, and monitoring based on the previous day's OI will start from April 1, 2025.

A recent report highlights India's engineering talent as a crucial asset in addressing the global semiconductor workforce shortage. With the semiconductor market projected to reach USD 1 trillion by 2030, India is set to play a significant role in this growth. The country's semiconductor market alone is expected to expand to USD 80.3 billion by FY28. India may act as a key player in the evolving landscape of the semiconductor sector.

Three exciting IPOs are currently open for subscription – Western Carriers (India) Limited, Arkade Developers Limited, and Northern Arc Capital Limited. These companies, spanning logistics, real estate, and finance, offer opportunities for investors to participate in their growth. Here’s a detailed look at each IPO, including the offer size, pricing, and grey market premium (GMP) updates.

Three exciting IPOs are currently open for subscription – Western Carriers (India) Limited, Arkade Developers Limited, and Northern Arc Capital Limited. These companies, spanning logistics, real estate, and finance, offer opportunities for investors to participate in their growth. Here’s a detailed look at each IPO, including the offer size, pricing, and grey market premium (GMP) updates.

Nido Home Finance Limited (formerly known as Edelweiss Housing Finance Limited), a part of the Edelweiss Group, is a Housing Finance Company that has been providing access to credit to customers for various kinds of loans since 2010, is set to launch its Non-Convertible Debentures (NCDs) in Sep 2024. This article provides a comprehensive overview of the NCD issue, key details, and the company's background to help potential investors make informed decisions.

Bajaj Housing Finance Limited (BHFL) launched its initial public offering (IPO) on Monday, with the issue open for subscription until Wednesday, 11th September 2024. The IPO has garnered strong interest from investors in the primary market. The price band for the offering is set between ₹66 and ₹70 per share.

The summary indicated that "the vast majority" of participants at the July 30-31 meeting agreed that, if the data continued to align with expectations, it would likely be appropriate to ease policy at the next meeting. Markets are already fully pricing in a September rate cut, which would be the first since the emergency measures implemented during the early days of the Covid crisis...

India’s economy is showing strong signs of growth and resilience, as highlighted by the latest data from the Reserve Bank of India (RBI). The gross foreign direct investment (FDI) inflows surged by 26.4% to $22.5 billion during the April-June quarter of the current financial year, compared to the same quarter of the previous year. This significant increase has resulted in net FDI rising to $6.9 billion in the first quarter of 2024-25, up from $4.7 billion in the same period of 2023-24...

As of August 11, net direct tax collections for this fiscal year have increased by 22.48%, totaling around ₹6.93 lakh crore. This amount includes ₹4.47 lakh crore from personal income tax and ₹2.22 lakh crore from corporate tax. Additionally, ₹21,599 crore was collected through the Securities Transaction Tax (STT), with other taxes contributing ₹1,617 crore...

The proposed amendment gives taxpayers a choice between a 12.5% long-term capital gains tax rate without indexation or a 20% rate with indexation for properties acquired before July 23, 2024. This change follows Budget 2024's proposal to eliminate indexation benefits. Despite concerns, the Income Tax department considers this development advantageous...

The Japanese Yen has appreciated significantly, gaining nearly 10% against the US Dollar over the past three weeks, following multiple actions by the Bank of Japan and the local government...

According to a report by ET Bureau on Thursday, the gross GST collection increased by 10.3 percent, reaching Rs 1,82,075 crore in July. The government has stopped releasing monthly GST collection data. After accounting for refunds, the net collection for July amounted to Rs 1,65,793 crore, reflecting a 14.4 percent year-over-year increase...

On Tuesday, Indian government bond yields fell, propelled by strong demand from domestic banks. The 10-year benchmark yield hit its lowest level in two years, reflecting the impact of the Reserve Bank of India's recent liquidity guidelines for lenders. Market...

The IPO consists of a fresh issue worth Rs 5500 crore and an offer for sale of up to 84.94 million shares. At the upper price band, the offer for sale amounts to Rs 645.96 crore, bringing the total issue size to Rs 6145.96 crore...

On Friday, the Indian rupee hit a historic low of 83.7250 against the U.S. dollar. This decline was fueled by a weak risk appetite, increased dollar demand from oil companies, and outflows from domestic equities. Additionally, the volatility of the Chinese yuan exacerbated the situation, raising concerns over carry trades between the two currencies...

SMC Global Securities Limited has announced the opening of its Non-Convertible Debentures (NCD) issue for 2024. The issue opens on July 19, 2024, and will remain open until August 1, 2024. This offering provides investors with an opportunity to invest in secured, redeemable NCDs, rated as 'A/Stable' by both CRISIL and ICRA....

In an update to its World Economic Outlook, the IMF noted that the improved growth forecast for the Indian economy is driven by increasing private consumption, especially in rural areas...

In June, inflows into equity mutual funds increased by 17% to ₹40,608 crore from ₹34,697 crore in May. As a result, the total assets under management (AUM) of equity mutual funds reached approximately ₹27.68 lakh crore as of June 30, 2024, compared to ₹25.39 lakh crore on May 31, according to AMFI data...

Edelweiss Financial Services Limited (EFSL), a well-known investment banking firm based in Mumbai, is set to launch its Non-Convertible Debentures (NCDs) in July 2024. This article provides a comprehensive overview of the NCD issue, key details, and the company's background to help potential investors make informed decisions...

As the stock market continues to buzz with activity, several companies are preparing to launch their Initial Public Offerings (IPOs) and Small and Medium Enterprise (SME) IPOs. Here's a detailed look at the upcoming IPOs from Emcure Pharmaceuticals Limited, Bansal Wire Industries Limited, Ambey Laboratories, Ganesh Green Bharat and Effwa Infra & Research Limited...

On Friday, India officially joined JP Morgan's Government Bond Index-Emerging Markets (GBI-EM). This follows a September announcement, paving the way for substantial financial inflows into the world's fifth-largest economy. Starting today, Indian Government Bonds (IGBs) will be included in the index, initially with a one percent weight. This weight will increase by one percentage point each month until it reaches a maximum of 10 percent by March 31, 2025. Consequently, India will join China, Indonesia, and Mexico, each having a maximum cap of 10 percent in the JP Morgan Global Bond Index - Emerging Market Global Diversified Index....

India's current account deficit improved significantly to 0.7% of GDP ($23.2 billion) in FY24, down from 2% of GDP ($67 billion) the previous year, due to a reduced merchandise trade deficit, according to the Reserve Bank of India. The current account balance posted a surplus of 0.6% of GDP in Q4 FY24, reversing earlier quarterly deficits....

The SME IPO market is currently vibrant, with four notable companies—Shivalic Power Control Limited, Sylvan Plyboard (India) Ltd, Mason Infratech Limited, and Visaman Global Sales Limited—launching their initial public offerings. These companies are offering fresh shares to raise capital for various business objectives, ranging from working capital requirements to expansion projects. Here's a closer look at each of these SME IPOs.....

The GST council's recommendations aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including a reduction in the tax collected at source for electronic commerce operators.....

India's business activity grew more rapidly in June compared to May, driven by advancements in manufacturing and services. Job creation surged to its highest level in over 18 years, indicating a robust start to the financial year. HSBC's flash India Composite Purchasing Managers' Index climbed to 60.9 in June, marking nearly three years above the 50-level that separates growth from contraction.....

Historical data indicates that Indian stock markets have typically risen in the six months following LokSabha election results, regardless of the outcome. Past elections in 2004, 2009, 2014, and 2019 saw gains in the benchmark indices SENSEX and NIFTY, with increases ranging from 5% to 36%. Key factors influencing post-election market performance include policy reforms, RBI policies, the Union Budget, and global economic conditions. As a result, investors remain cautiously optimistic for 2024.....

Historical data indicates that Indian stock markets have typically risen in the six months following LokSabha election results, regardless of the outcome. Past elections in 2004, 2009, 2014, and 2019 saw gains in the benchmark indices SENSEX and NIFTY, with increases ranging from 5% to 36%. Key factors influencing post-election market performance include policy reforms, RBI policies, the Union Budget, and global economic conditions. As a result, investors remain cautiously optimistic for 2024.....

Oil prices hover around $80 per barrel, falling below the threshold necessary for many OPEC+ members to balance their budgets. Concerns persist over sluggish demand growth in China, the world's leading oil importer, putting downward pressure on prices....

Ready to invest? Explore the latest SME IPOs for potential growth opportunities! 3C IT Solutions & Telecoms (India) Limited, Sattrix Information Security Limited, and Magenta Lifecare Limited are offering exciting prospects for investors. From IT products and services,data security solutions to foam-based products....

The drop in the India VIX on June 3 was attributed to the release of exit polls on the evening of June 1, 2024, which indicated a clear majority for the BJP-led NDA alliance.

The India VIX, a measure of fear in the Indian stock market, dropped by 22 percent during morning trading on Monday, June 3. Investors seemed to brush off concerns related to the Lok Sabha elections. The India Volatility Index, which tracks market volatility, decreased by 22.2 percent to 19.21 levels from Friday's....

India's GDP growth rate for the full financial year 2023-24 was 8.2 percent, up from 7 percent in FY23.

India’s Q4 GDP Data Released: The country’s GDP grew by 7.8 percent year-on-year during the January-March 2024 quarter (Q4 FY24), compared to 6.2 percent growth in the same period last year, according to the latest official data released on Friday, May 31. This growth has surpassed analysts’ estimates.....

India's central bank has relocated approximately 100 tonnes of gold from the UK to its domestic vaults, with further transfers planned, according to a report. This major move, the first of its kind since 1991, addresses concerns regarding logistical efficiency and storage diversification. The RBI, which held 822.1 tonnes of gold as of March, worked closely with various government agencies and utilized special aircraft for secure transport.

Overseas investors purchased approximately $358 million in bonds on Monday, marking the highest amount in two months and continuing a streak of seven consecutive days of buying, according to data compiled by Bloomberg

Overseas investors bought about $358 million in bonds on Monday, marking the highest amount in two months and extending a seven-day streak of purchases, according to data compiled by Bloomberg. This brings net purchases for May to $709 million, following $1.9 billion in sales in April due to a global risk-off that prompted outflows from emerging markets.....

Ready to invest? Explore the latest SME IPOs for potential growth opportunities! Aimtron Electronics Limited and Associated Coaters Limited are offering exciting prospects for investors. Fromproducts and solutions for electronics system design and manufacturing topre-treatment and powder coating of aluminum extrusions, each IPO brings a unique story and potential for returns. Dive into the details, consider your investment goals, and seize the opportunity to be part of these promising ventures!....