Kalyan Jewellers India Ltd. has reported a stellar performance in its Q3 FY2026 results, with Profit After Tax (PAT) surging 90% year-on-year, driven by strong festive demand, expansion of retail outlets, and robust consumer sentiment in the jewellery sector. The company’s shares have come into sharp focus as investors cheer the impressive growth trajectory. Key…
India’s domestic spirits manufacturers have raised concerns over the recently concluded India-US trade agreement, urging the government to ensure fair play in the sector. With tariff reductions and expanded market access forming the backbone of the deal, local producers fear that multinational liquor companies may gain disproportionate advantages, potentially undermining India’s indigenous spirits industry. Key…
The National Stock Exchange of India (NSE) is preparing to establish a dedicated unit for the proposed National Coal Trading Exchange, a landmark initiative aimed at modernizing coal transactions, improving transparency, and strengthening India’s energy supply chain. This move is expected to reshape the coal market, ensuring efficiency and accountability while supporting India’s broader energy…
India is positioning itself as a global hub for data centres, with plans to attract $200 billion in investments over the next decade. This ambitious push is expected to power the country’s artificial intelligence (AI) revolution, strengthen digital infrastructure, and provide a robust foundation for startups and enterprises. Key Highlights Analysis of India’s Data Centre…
State Bank of India (SBI) Chairman CS Setty has hailed the recently concluded India-US trade agreement and other Free Trade Agreements (FTAs) as “extremely positive for the Indian economy.” He emphasized that the removal of tariff overhang and expansion of trade partnerships will open new opportunities for Indian exporters, strengthen supply chains, and enhance India’s…
Qualcomm Technologies has announced a breakthrough in semiconductor design with the successful tape-out of its 2-nanometre (nm) chip, developed with major contributions from its engineering centers in Bengaluru, Chennai, and Hyderabad. This milestone reinforces India’s growing role in the global semiconductor ecosystem and positions the country as a hub for cutting-edge chip innovation. Key Highlights…
The US Treasury Department has conducted another round of debt buybacks worth $2 billion, bringing the total for the week to $6 billion. This move has sparked discussions among economists, investors, and policymakers about its implications for financial markets, liquidity management, and the broader economic outlook. Key Highlights Why the Treasury Is Buying Back Debt…
Shares of Transformer Ltd. surged by 7% in intraday trading after the company announced a massive 211% increase in its order book, signaling strong demand and robust growth prospects. The rally reflects investor confidence in the company’s ability to capitalize on infrastructure expansion, renewable energy projects, and industrial modernization. Key Highlights Order Book Expansion Metric…
Global equity markets have witnessed a dramatic correction, with tech stocks losing $1.8 trillion in market value within days. Concerns over excessive spending on artificial intelligence (AI) infrastructure, coupled with fears of slowing demand, triggered a sharp sell-off. However, US stock futures showed signs of recovery, suggesting that investors may be reassessing the long-term outlook….
India’s foreign exchange reserves have climbed to a new all-time high of $723.8 billion, following a sharp weekly surge of $14.4 billion, according to the Reserve Bank of India (RBI). This milestone underscores the resilience of India’s external sector and strengthens the country’s ability to withstand global financial volatility. Key Highlights Composition of Reserves Component…
