Sponsored by Prashanthi Reddy Law Offices
Sponsored by MATA – Mana American Telugu Association
Sponsored by Parivaar Ventures
8065 వార్తలు
Shares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on gold to 15%, triggering a surge in domestic gold prices. Higher gold prices improve collateral value for gold loans, potentially boosting lending demand and benefiting companies focused on gold-backed financing businesses.
Increased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher gold prices boost collateral value, enabling larger loans for borrowers, particularly MSMEs needing working capital amidst economic pressures. The gold loan sector largely relies on existing jewellery, not new purchases, thus remaining resilient.
The budget proposed restricting negative gearing to newly built homes and replacing the 50% capital gains tax discount with inflation indexation, changes aimed at shifting investor demand away from existing properties and toward new housing.
The Andes virus, linked to a cruise ship outbreak, spreads mainly through contaminated rodent droppings and rarely between people. Expert says it is far less infectious than COVID-19 and unlikely to cause a global pandemic, though it can lead to severe illness in some cases.
TVS Motor Q4 Results: TVS Motor posted a strong Q4FY26 with net profit up 19% to Rs 772 crore and revenue rising 30% to Rs 15,053 crore. Overall sales grew 28% to 15.6 lakh units, driven by robust motorcycle, scooter and EV volumes, even as profit dipped sequentially.
The Indian rupee hit a new all-time low on Wednesday, falling 0.1% to 95.7450 per dollar. This decline was driven by consistent overseas debt repayments and importer hedging, overshadowing any relief from increased duties on precious metal imports. The ongoing U.S.
Geopolitical tensions, particularly the Iran crisis, are overshadowing strong corporate earnings, according to Dipan Mehta. While India Inc. shows resilience with encouraging results from auto, NBFC, and FMCG sectors, investors remain cautious. Mehta advises selectively accumulating quality businesses available at reasonable valuations amidst this uncertainty, highlighting potential in tech, auto ancillaries, and defense.
Jewellery stocks have plunged up to 20% in three sessions, erasing nearly Rs 60,000 crore in investor wealth after PM Narendra Modi urged households to defer gold purchases and the government hiked import duties. The double blow has rattled sentiment, though analysts see no structural threat to India’s long-term gold demand.
Cipla Ltd announced a significant 55% year-on-year drop in its consolidated net profit for the fourth quarter, reaching Rs 555 crore. This contrasts with Rs 1,222 crore reported in the same period last year. The company's Board has recommended a final dividend of Rs 13 per share for the fiscal year ending March 2026.
India's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts predict a drop in sales volumes. Consumers are expected to opt for lighter, lower-value jewellery. This shift could also benefit retailers through higher margins on lower karatage items. Old gold exchanges are likely to increase.
India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflows and stabilise the rupee, experts warn it may simply push more demand into the grey market, with limited impact on India’s structural gold appetite.
Hindustan Petroleum Corporation Limited (HPCL) reported a significant 46% surge in consolidated net profit to Rs 4,902 crore for the fourth quarter of FY26. The oil marketing giant also announced a final dividend of Rs 19.25 per share. Standalone total income saw a 4.5% year-on-year increase to Rs 1.24 lakh crore during the same period.
Gold and silver prices staged a sharp comeback on Wednesday, with MCX futures for both metals surging nearly 6% in a single session after the government raised customs duty on precious metal imports. Gold prices jumped about Rs 9,600, while silver soared nearly Rs 17,000, marking one of the biggest one-day rallies in recent months amid lingering volatility from Middle East tensions and tariff uncertainty.
Air India is reducing weekly flights and tightening spending as the West Asia conflict drives up fuel costs, increases flying time and weakens passenger demand, according to media reports. The airline is also facing pressure from a weaker rupee and rising operating expenses.
Smallcap stocks, including IIFL Finance, Meesho, and GRSE, surged up to 7% on Wednesday, outperforming benchmark indices. This rally occurred despite broader market caution, with the Nifty Smallcap 100 index showing robust gains. Experts remain optimistic about mid and smallcap earnings, viewing recent corrections as opportunities.
Bitcoin held above the $80,000 mark despite hotter-than-expected U.S. inflation data, reflecting resilient investor sentiment in the crypto market. While Ethereum and select altcoins traded lower, analysts highlighted improving on-chain activity, institutional inflows and active buyer support, even as macroeconomic uncertainty and interest rate concerns kept broader market sentiment cautious.
Morgan Stanley has turned more bullish on India, forecasting the BSE Sensex could rise to 89,000 by June 2027, implying around 15% upside from current levels. Strategist Ridham Desai said India is emerging from a six-quarter earnings slowdown into a stronger growth phase after a “mid-cycle” pause.
