A weak monsoon in India has raised concerns about food inflation, but the Reserve Bank of India (RBI) is unlikely to hike interest rates immediately. The central bank will wait until after October to assess the impact of the monsoon on agricultural output, food prices, and the broader inflation trajectory.
The UK High Court has ruled that Nirav Modi is liable to pay Bank of India over $11.5 million, including interest, for a personal loan guarantee. The judgment clarifies that this case is a commercial banking recovery claim and does not concern the wider PNB fraud allegations against Modi.
The Indian stock market staged a firm recovery on Wednesday, driven by a decline in crude oil prices and optimism around a near-final India-US trade deal. The Sensex jumped 790 points or 1.04 per cent to close at 76,991.22, while the Nifty 50 ended at 24,021.65, gaining 197.55 points or 0.83 per cent.
The Adani Group’s unwavering commitment to ₹1.5 trillion capex in FY26 is a testament to its resilience and strategic vision. The conglomerate continues to scale rapidly, with key drivers including a three-layer management structure and significant outsourcing to vendors.
Indian conglomerate Adani Group has demonstrated its resilience in the face of challenges, investing over ₹1.5 trillion in capital expenditure in the year ended March 2026. The group’s strength of conviction and power of resilience have enabled it to navigate macroeconomic headwinds and external scrutiny, setting a high standard for itself in the Indian economy.
Vedanta Aluminium Metal is set to outperform following the company’s strategic demerger, with the aluminium business benefiting from its robust scale and cost efficiencies. The demerger has unlocked significant shareholder value, with the company’s market capitalisation appreciating by over 16% in initial trading. Investors should assess and value the demerged entities separately and selectively to unlock value.
The Nifty 50 has slipped below its immediate support zone of 24,000, raising concerns among market participants. Will the index find support near lower levels or experience further weakness?
The Nifty 50 has entered a critical technical phase, with many market analysts closely monitoring the index’s performance. The recent decline below 24,000 has raised concerns among investors, who are now eagerly awaiting the next critical level. Stay informed and adapt to changing market conditions.
Meta’s bold move in hiring Kunal Shah, the founder of fintech startup Cred, marks a significant departure from traditional talent acquisition strategies. The company’s investment in Cred focuses on leveraging WhatsApp users for transactions, a key aspect of its monetization strategy.
The upcoming IPOs of the National Stock Exchange (NSE) and SBI Mutual Fund are set to deliver a double bonanza for the Indian government, with estimates suggesting a total tax haul of ₹5,400 crore. Discover the market impact and details of the issues.
