Category: Uncategorized

Foreign portfolio investors (FPIs) have pulled out a net ₹94,976 crore from Indian markets in the current calendar year up to December 26, marking a dramatic reversal from the net inflow of ₹1,65,769 crore recorded in 2024, as uncertainty around the US-India tariff deal, rupee depreciation and elevated valuations dampened investor sentiment. The equity segment […]

The Indian rupee is expected to show more weakness going ahead into 2026, according to a report by MUFG, a global financial group. In a report earlier this month, it forecast more weakness for the Indian rupee. It expects the Indian rupee to appreciate modestly above the 90 level in 2026, targeting 90. 80 by […]

The output of China—the largest steel producer—was down 10.9 per cent | Photo Credit: REUTERS Global crude steel production decreased by 4.6 per cent in November 2025 to 140.1 million tonnes (mt) compared with November 2024. According to the World Steel Association, the output of China — the largest steel producer — was down 10.9 […]

Coal supplies procured through the CoalSETU window can be utilised by an entity for its own consumption (industrial use), exports and washing. However, the commodity cannot be resold within the country. In a significant development on December 12, the Cabinet Committee on Economic Affairs (CCEA) approved the Policy for Auction of Coal Linkage for Seamless, […]

Smaller stocks lagged behind their bigger blue-chip peer Sensex this year as elevated valuations triggered profit-booking after a strong rally in the last two years. Analysts attributed the underperformance of smallcap and midcap indices in 2025 due to market normalisation after their exceptional outperformance in 2023 and 2024. Depreciation of the rupee, concerns over the […]

CHENNAI, TAMIL NADU, 30/04/2025 : People at a jewellery shop in T Nagar, in Chennai on Wednesday, for Akshaya Tritiya. Photo: R. Ravindran. | Photo Credit: RAVINDRAN R Silver exceeded $72 an ounce on Wednesday, even as platinum surged past $2,350. Palladium shed its gains, while gold hovered near $4,500 an ounce after topping the […]

GAIL (India) has signed a non-binding Memorandum of Understanding (MoU) with the Government of Chhattisgarh for development of a greenfield gas-based fertiliser project in the state of Chhattisgarh. As per the MoU, GAIL will undertake detailed techno-economic studies for setting up a urea manufacturing plant of 12.7 lakh metric tonnes (LMT), proposed to be strategically […]

HCC vice chairman and managing director Arjun Dhawan Hindustan Construction Company Limited (HCC) on Tuesday said its rights issue received two-fold subscription, drawing applications worth Rs 2,008 crore against an issue size of Rs 999.99 crore. The company, in a statement, said it has retained proceeds equivalent to the issue size, and the balance amount […]

Ambuja Cements, part of the Adani Group, has approved the merger of its subsidiary Orient Cement with itself, offering shareholders 33 Ambuja shares for every 100 Orient Cement shares held. | Photo Credit: Ambuja Cements, an Adani Group company, has decided to merge its subsidiary Orient Cement with itself and issue 33 shares for every […]

Shares of Shriram Finance scaled to a fresh high, leading the Nifty 50 pack on Monday, after Mitsubishi UFJ Financial Group’s (MUFG) announcement to acquire a 20 per cent stake in the NBFC for about ₹39,600 crore, the largest foreign direct investment in India’s financial services sector. Brokerages widely upgraded their outlooks and raised target […]