Jewellery stocks on Dalal Street have sharply underperformed gold prices over the past year, raising concerns among investors. While gold prices have surged over 70% year-on-year, most listed jewellery companies have seen steep declines, with several stocks crashing between 30% and 45%. The divergence highlights a crucial market reality: soaring…
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CCI Orders Maharashtra Liquor Bodies to Stop Unfair Practices
The Competition Commission of India (CCI) has issued a major order directing three prominent liquor trade associations in Maharashtra to immediately cease all anti-competitive practices. The directive, released on 11 December 2025, follows evidence that these bodies unfairly influenced pricing, margins, product launch conditions and various commercial terms in the…
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Indian Markets Rally After Fed Rate Cut Despite Rupee Weakness
Mumbai Indian equity benchmarks snapped a three-session losing streak on Thursday as the US Federal Reserve’s 25-basis-point interest rate cut bolstered global liquidity and market sentiment. The S&P BSE Sensex climbed 0.51% to 84,818.13 points, while the NSE Nifty 50 rose 0.55% to 25,898.55, led by broad gains across sectors….
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Gold price dips as dollar tops 100; MCX gold near ₹1,22,800
Gold prices on the Milti Commodity Exchange (MCX) slipped in early trade on Thursday after a stronger US dollar and the Federal Reserve’s October meeting minutes cooled expectations for a December rate cut. MCX December gold futures were trading around ₹1,22,768 per 10 grams in morning trade, while silver futures…
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Leaders Pay Tribute to Birsa Munda on Gaurav Diwas
India’s top constitutional leaders, including President Droupadi Murmu, Vice President C. P. Radhakrishnan, and Lok Sabha Speaker Om Birla, paid floral tributes to Bhagwan Birsa Munda on the occasion of Janjatiya Gaurav Diwas at the Parliament premises on Friday. The solemn ceremony, held at Prerna Sthal, marked the birth anniversary…
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Groww Shares Rally 50%: Is It Wise to Chase the IPO Runup?
Shares of Billionbrains Garage Ventures the parent of retail broker Groww have surged sharply since listing, rising from the IPO price of ₹100 to an intraday high above ₹153, handing early investors gains of roughly 50% in just days after debut. The rapid rally has reignited debate among analysts and…
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Warren Buffett’s Berkshire Cash Surges to Record $382 Billion
New Delhi, November 1, 2025: Warren Buffett’s Berkshire Hathaway Inc. has achieved a historic milestone, amassing a record cash reserve of $381.7 billion in the third quarter of 2025. The surge in liquidity highlights the company’s cautious investment strategy amid volatile global markets and declining short-term interest rates. Operating Profit…
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GST Revenue Up 4.6% to ₹1.96T Despite Tax Cuts
India’s Goods and Services Tax (GST) collections grew 4.6% year-on-year to ₹1.96 trillion in October 2025, reflecting strong domestic demand despite the recent tax cuts announced by the GST Council. This moderate growth indicates resilience in consumption, especially during the festive season. Festive Demand Fuels Collection Growth The finance ministry…
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Vedanta Wins Rs 17,000 Cr Bid for Jaiprakash Associates
In a high-stakes battle under India’s Insolvency and Bankruptcy Code (IBC), Vedanta Group has emerged victorious with a ₹17,000 crore bid to acquire debt-laden Jaiprakash Associates Ltd (JAL), outbidding Gautam Adani’s Group. The outcome marks a significant step in the ongoing resolution of one of the country’s most prominent corporate…