The IPOs of Sri Lotus Developers & Realty (Rs 800 crore), Travel Food Services (Rs 2,000 crore), Laxmi India Finance (Rs 200 crore), Indogulf Cropsciences (Rs 300 crore) and NSDL (Rs 3,000 crore) are likely to be launched in June, say market sources. The month of June is likely to see more than half a…
The SEBI chairman’s comments come at a time when there has been a trend reversal with FPIs turning net buyers of Indian shares on most days in the recent past Met plenty of FPIs in the US, overall mood is very positive: SEBI chairman Tuhin Kanta Pandey The mood among foreign portfolio investors (FPIs) with…
“Uncertainties stemming from global developments constitute a key risk for the growth outlook for fiscal year 2025/26,” the Ministry of Finance said in its monthly economic report released on Tuesday. Trade tensions and geopolitical risks pose a challenge to India’s economic growth in the fiscal year that started this month, potentially disrupting supply chains and…
The Food & Beverages category saw inflation ease by 95 basis points month-on-month, settling at 2.88%, largely driven by continued deflation in vegetable prices. Consumer Price Index (CPI) inflation cooled to 3.34% in March 2025, marking the lowest level in 67 months, primarily due to a steep decline in food inflation. The Food &…
The Uttar Pradesh government is reportedly in talks with iPhone manufacturer Foxconn to set up a new facility in the Greater Noida region. According to sources, UP government officials and representatives of the Taiwanese company have already held two rounds of meetings at Delhi and Lucknow on the proposed project. The new facility is likely…
Stock market: Trump’s decision on reciprocal taxes would introduce a new wave of uncertainty in global trade dynamics, said Amit Jain, Co-Founder of Ashika Global Family Office Services. Markets across Wall Street to Dalal Street are on a high alert, as the US President Donald Trump readies fresh salvo against its trading partners on…
India’s capex lagged at Rs 8.1 lakh crore, and with a month to go, Centre may have to spend Rs 2.1 lakh crore in March to reach the Budget target of Rs 10.2 lakh crore for FY25. Fiscal deficit numbers for February Centre’s fiscal deficit between April and February has come in at Rs 13.5 lakh crore,…