Saurabh Mall
Markets Held Steady as Profit-Taking Tempered Gains Stock markets traded in a tight range as investors booked profits after recent gains. With no fresh domestic catalysts to propel buying and continuing foreign fund outflows, market movement remained subdued, analysts said. Key reasons behind the rangebound action Profit-taking at higher levels: Traders locked in gains after … Read more
Rupee edges toward record low as dollar strengthens The rupee is moving closer to its all-time low as a combination of foreign fund outflows and a firm US dollar keeps pressure on the currency. Market analysts say the headwinds persist even though local equities showed resilience and crude oil prices eased a little. What’s driving … Read more
Interim dividend: the basics A private limited company may declare an interim dividend at any time during the financial year, provided it is paid out of the profits earned by the company during that financial year. In plain terms, this means directors can distribute earnings to shareholders before the year ends — but only if … Read more
Major $25 million commitment to longevity research Deepinder Goyal, the co-founder of a leading foodtech company, has pledged $25 million toward longevity research. The move adds momentum to a growing domestic interest in extending healthy human life and builds on trends popularised by high-profile entrepreneurs abroad. What the funding means The capital will flow into … Read more
Rupee gives up early gains after surprise dollar sales by central bank The rupee briefly strengthened last month but failed to hold those gains after the Reserve Bank of India (RBI) unexpectedly sold large amounts of dollars. The central bank’s intervention aimed to cool speculative moves against the currency, yet the market reversed course soon … Read more
Bullion for immediate delivery slipped by as much as 1% during trading before recovering most of that decline, after Chinese jewellery stocks posted significant losses. The move highlights renewed sensitivity in metals markets to signs of weaker consumer demand in China, a major driver of global gold consumption. What happened in the market Spot bullion … Read more
The cashless nudge: why digital payments change how we spend Digital payment methods such as UPI have reshaped how people think about money. When payments move from notes and coins to taps and swipes, the act of spending becomes less tangible. That loss of physical exchange weakens the emotional signal that usually accompanies parting with … Read more
Heavy reliance on one client raises alarms In its updated draft IPO papers, Shadowfax disclosed that nearly half of its ₹2,485-crore operating revenue in FY25 came from a single large client. That level of client concentration highlights a common vulnerability for third-party service providers — one major customer can move the needle on an entire … Read more
Market caps climb as two stocks drive gains Equity markets saw notable movement in market valuations, with two major firms posting strong increases in their market capitalisation. These shifts reflect renewed buying interest in large-cap stocks and contributed meaningfully to overall market momentum. Reliance Industries posts a hefty jump Increase: ₹47,431.32 crore New market valuation: … Read more
Rupee under pressure as foreign flows turn negative The rupee has weakened amid sustained foreign capital outflows and a jump in crude oil prices. Foreign investors have pared back investments in domestic markets, weighing on sentiment and adding downward pressure on the currency. Why the rupee is sliding Foreign capital outflows: Overseas investors selling equities … Read more