Kalyan Jewellers’ shares plummeted over 12% on Wednesday, marking their steepest single-day fall in three years and extending a nine-session losing streak. Investors are nervous due to concerns about a mutual fund potentially reducing its stake, coupled with an increase in promoter share pledging. Margin calls also contributed to the significant decline.Read More

UTI Asset Management reported a profit after tax of ₹138 crore for the December 2025 quarter. This figure remained largely stable compared to the previous year. Sequentially, profits saw a significant increase of 29%. Revenue from operations also grew by 24% to ₹517 crore. However, UTI AMC shares experienced a decline of 6.62%.Read More

India experienced a slight dip in gross FDI to $6.4 billion in November, while net FDI saw a reduced outflow of $446 million. Singapore, Mauritius, the US, and the UK were major contributors to outward FDI, primarily directed towards manufacturing, financial, insurance, and business services sectors.Read More

The Reserve Bank of India sold dollars in November. This action aimed to manage the Indian rupee’s value. The rupee saw depreciation last year. India’s currency’s real effective exchange rate also decreased. This rate reflects the rupee’s strength against other major currencies. The figures show a shift in the rupee’s standing.Read More

India is taking a strong stance against privacy cryptocurrencies. The Financial Intelligence Unit has directed crypto exchanges to stop dealing in these virtual assets. This move aims to curb money laundering and mask transaction trails. Privacy coins like Monero and Zcash use advanced cryptography to hide user identities and transaction details. This directive could significantly...Read More

Investors are exploring Power Finance Corporation zero coupon bonds for diversification. These bonds offer attractive post-tax returns, surpassing bank deposits and tax-free bonds. With falling interest rates, there is potential for capital appreciation in the coming years. The issue is currently open for subscription, providing an opportunity to lock in gains.Read More

MakeMyTrip’s Q3 net profit fell 73% to $7.3 million as finance costs surged after its capital raise, even as revenues, operating profit and hotel bookings grew, aided by portfolio diversification and AI-led efficiency initiatives despite slower domestic air travel growth.Read More

BNP Paribas sold 60 lakh RBL Bank shares via a bulk deal, reducing its stake, while BofA Securities bought in. The transaction came amid recent stock weakness, despite strong one-year returns, improved asset quality, and robust profit growth.Read More