Nomura drops April India rate‑cut call on firmer inflation, RBI ‘stealth easing’ Source link
India has scrapped a planned concession for small cars in upcoming fuel-efficiency rules after automakers including Tata Motors Ltd. and Mahindra & Mahindra Ltd. argued it would benefit only one company—Maruti Suzuki India Ltd., a government document shows. Maruti Suzuki controls 95% of India’s small car market. (HT Auto) A September 2025 draft of the […]
Bernstein on Trent O-P, TP Rs 5000 3Q26: Strong margins delivered; growth revival still loading Growth challenges, but was known since business update Network growth is steady. Margin improvement trajectory stabilizes and is sustainable. Employee Costs leverage has played out and will depend on SSSG revival from here on. Jefferies on Trent Hold, TP Rs […]
The average 30-year fixed mortgage rate has once again slipped to an important baseline. The current 30-year rate is 6.00%, according to data compiled from the Zillow lender marketplace. The 15%-year fixed rate is 5.50%. Now may be a good time to lock in a mortgage rate. Here are the current mortgage rates, according to […]
India’s stock market advanced today, tracking a rebound in global equities after US President Donald Trump pulled back on his threat to impose tariffs on eight European countries as leverage to seize Greenland and ruled out use of force. The Bombay Stock Exchange building on Dalal Street in Mumbai. (Reuters) The 30-share S&P BSE Sensex […]
India’s stock market logged their steepest one‑day fall in over four months on Thursday, dragged by heavyweight Reliance Industries Ltd., as uncertainty over US tariffs spurred broad selling. The Bombay Stock Echange building on Dalal Street in South Mumbai. (PTI) The 30-share S&P BSE Sensex fell 0.92%, or 780.18 points, to 84,180.96, even as the […]
Lenskart Solutions Ltd. listed at a discount today, underscoring investor concerns over the pricey valuations of India’s largest organised eyewear maker. “We didn’t build Lenskart to reach a valuation. We built it to reach people,” Lenskart CEO Peyush Bansal says ahead of listing. (ANI) The Lenskart share price fell as much as 11.51% from its […]
Gold prices fell by ₹2,400 to ₹1,32,400 per 10 grams in Delhi on Saturday, retreating from record highs even as buyers thronged jewellery stores on the occasion of Dhanteras, marking the beginning of the Diwali festival season. Gold and silver jewellery, utensils, kitchenware, vehicles, clothing, electronics, and more witness substantial sales during Dhanteras. (ANI) According […]
Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]