Gold purchases by central banks in February were led by the National Bank of Poland (NBP) and Uzbekistan but Turkiye and Russia turned sellers, data from the World Gold Council…
Category: Market
India’s share in global market cap slips to 3% in March amid Middle East war concerns: Report
The Indian stock market’s share of global market capitalisation has slipped to a multi-year low after logging its worst monthly performance in six years in March. The decline reflects the…
Tesla shares drop over 4.5% as Q1 deliveries and production miss estimates
Tesla shares witnessed renewed selling on Thursday, 2 April, falling 4.61% to the day’s low of $363.65 apiece after the Elon Musk-led company reported vehicle deliveries and production that fell…
Rupee begins FY27 with a bang; appreciates a whopping 173 paise on RBI measures
The rupee started the new financial year (FY27) with a bang due to the RBI’s recent twin measures — capping the net open position limits and tightening forex derivative rules…
West Asia conflict erodes Qatar’s share in India’s LNG imports to record low in March
India’s import of liquefied natural gas (LNG) from its largest supplier—Qatar—declined to its lowest on record in March 2026 as the West Asia conflict led to the closure of the…
Punjab Carbonic IPO: carbon capture firm files DRHP with SEBI
Punjab Carbonic, an integrated carbon capture and utilisation and industrial gas solutions company, has filed a Draft Red Herring Prospectus with SEBI to raise fresh capital through an initial public…
OPEC+ likely to weigh further oil output hike on Sunday, sources say
OPEC+ is likely to weigh a further oil output increase when eight members meet on Sunday, two OPEC+ sources said, a move that would position key producers to add more…
SEBI proposes return of open-market share buybacks via stock exchanges
The Securities and Exchange Board of India (SEBI) has proposed reintroducing open-market share buybacks through stock exchanges, nearly a year after discontinuing the route, citing a more neutral tax framework…
Stoppage of SIP leads to averaging down investment, Franklin Templeton India chief
Franklin Templeton Asset Management (India) has reduced its cash position substantially and remains fully invested in equity even as the markets went on a topsy-turvy ride. The sharp fall in…
India pushes PNG expansion to 30 lakh connections amid West Asia crisis
As the West Asia conflict continues to impact LPG supplies with no near-term respite, the Ministries of Petroleum & Natural Gas (MoPNG) and Housing and Urban Affairs (MoHUA) on Thursday…