Gold has regained momentum, climbing towards $4,500 an ounce amid changing macroeconomic expectations, with UBS forecasting a potential return to $5,000 in 2027 as central banks and investors display renewed confidence. Gold has regained momentum after a sharp sell-off earlier…
The General Insurance Corporation of India reported a 10% increase in standalone net profit for the June quarter, buoyed by boosted other income and a reversal of premium-deficiency provisions amidst stable premium income. General Insurance Corporation of India said its…
From a base of 100 in 1979, the Sensex’s remarkable rise illustrates India’s economic evolution, highlighting the importance of patience amid volatility and the rising influence of technology and reforms. In April 1979, India’s benchmark equity index began with a…
Bank of Baroda and ICICI Bank lead a surge in Indian bank dollar funding, issuing multi-million dollar bonds to secure longer-term foreign currency financing as demand from international investors strengthens. Bank of Baroda has wrapped up a $700 million offshore…
The gap between India’s benchmark indices expanded again on Thursday, reflecting market quirks and ongoing regulatory reforms amid evolving expiry day practices and increased liquidity measures. The gap between the Sensex and the Nifty widened again on Thursday as India’s…
Major stake disposals by promoters and aggressive institutional buying marked a dynamic trading day in Indian markets, with UltraTech Cement leading large transactions amid a surge in initial public offerings like Milky Mist Dairy Food and Gaja Capital’s upcoming listing.…
Jubilant FoodWorks reports a 6% rise in quarterly net profit, driven by strong performances at Domino’s India and Popeyes, alongside rapid overseas expansion despite rising costs. Jubilant FoodWorks Ltd reported a modest rise in quarterly profit as stronger sales at…
New analysis reveals that gold is increasingly replacing bonds in investment portfolios, especially during periods of economic stress and uncertainty, challenging the traditional 60/40 model. For decades, the 60/40 portfolio of stocks and bonds was treated as the default answer…
The Nifty index stayed virtually unchanged as intra-day trading fluctuations hint at a market in suspense, with foreign investors shorting futures while domestic institutions offer steady support amid cautious trader positioning. Nifty finished almost unchanged on Thursday, but the narrow…
Pilani Investment reduces its holding in UltraTech Cement as the company accelerates its push into renewable energy, following strong quarterly results and strategic acquisitions that signal a shift towards greener power sources. Pilani Investment and Industries Corporation has trimmed its…
Honasa Consumer more than doubled its net profit in Q1 FY27, driven by strong demand across its brands, expansion into fragrances, and increased offline distribution, signalling robust growth momentum for the year. Honasa Consumer said its first-quarter profit more than…
VST Tillers Tractors Ltd posts a 9.36% rise in profit to ₹48.73 crore in Q1, driven by strong power tiller sales and strategic product focus despite supply and cost challenges. VST Tillers Tractors Ltd posted a stronger first quarter, with…
