India’s consumption revival is expected to gain strong momentum in the second half of FY2026, supported by tax cuts, rate reductions, and GST rationalisation, a new report said on Monday.
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Tata Capital’s IPO garnered a 20 per cent subscription on its first day, with Qualified Institutional Buyers at 29 per cent and Retail Individual Investors at 19 per cent. The Rs 15,512 crore public offering, priced between Rs 310-326 per…
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HSBC’s India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, eased to 60.9 in September from 62.9 in August, signalling continued robust expansion but a moderation in growth. New orders, exports, and hiring all expanded at slower rates, while…
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Gold prices reached a new record high on Monday. The yellow metal surged to Rs 1,19,560 per 10 grams. Silver also recorded gains, reaching Rs 1,47,700 per kilogram. Safe-haven buying contributed to this rally. The US government shutdown and Federal…
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The rupee shuffled near its all-time low, remaining Asia’s worst performer despite RBI intervention. However, foreign portfolio inflows from two large IPOs, totaling over $3 billion, are expected to offer some relief this week. Analysts also foresee potential bond inflows,…
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Indian benchmark shares edged higher Monday morning, driven by robust quarterly business updates from key banking and financial stocks. Nifty 50 and Sensex gained 0.22% each, with Kotak Mahindra Bank, HDFC Bank, and Bajaj Finance leading the charge after strong…
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