The rupee opened sharply stronger at 93.58 after the RBI capped banks’ gross onshore FX positions at $100 million, forcing them to unwind large exposures by April 10. However, the currency later weakened to around 94.45 as dollar demand from…
Saurabh Mukherjea, Co-Founder & CIO at Marcellus Investment Managers, believes currency depreciation will be a key driver in improving India’s manufacturing competitiveness. A weaker rupee could help India better compete with countries such as Vietnam and Bangladesh, while ongoing free…
NSE has initiated the next leg of its IPO process, inviting shareholders to participate in the offer for sale as it prepares for a potential listing.
NBCC (India) has secured an in-principle mandate from Seychelles for a $75 million housing project, adding to a steady stream of domestic orders and recent earnings growth.
The financial year 2026 is set to be the worst year for market returns in a decade, excluding the COVID-hit year. However, history is offering a silver lining — in the last 22 years, markets have never declined for two…
Since its listing in August, shares of NSDL have delivered negative monthly returns every single month. The 12.7% drop in March is the worst in the seven full months that the stock has traded as a public company.
Sources indicate that Turtlemint is targeting a valuation of $1.3-1.5 billion through the IPO.
Bharat Electronics has secured ₹1,660 crore in fresh orders since mid-March, as defence stocks remain in focus after the government cleared procurement proposals worth ₹2.38 lakh crore.
Brazil is expected to see production decline to 40.3 million tonnes in the 2026-27 season, down from 43.5 million tonnes in the previous year. Lower global supply could push sugar prices higher, which would benefit Indian exporters.
Chola Securities expects March quarter earnings growth to stay modest due to a high base, with financials—banks and non-banking financial companies—seen as the key risk. Higher bond yields and possible provisioning pressures could weigh on the segment, which also makes…