Vedanta’s board has approved May 1, 2026, as the effective and record date for its demerger. Shareholders will receive shares in newly carved-out businesses, including aluminium, power, and oil and gas, in proportion to their existing holdings. This significant restructuring will transform Vedanta into separate listed entities.Read More
India’s stock market shows a fundamental shift, with analysts advising investors to buy on dips as negative news is now ignored. The Nifty is projected to reach 24,800-25,000, driven by strong sector performance and returning FII buying. Traders are also presented with specific near-term opportunities in Varun Beverages and GNFC.Read More
After more than a decade criticizing the U.S. central bank, former Federal Reserve Governor Kevin Warsh faces a mark-to-market moment in a Senate hearing on Tuesday when lawmakers will likely press the Fed chief nominee to flesh out his monetary policy and economic ideas and calls for fundamental change.Read More
Bank of Maharashtra reported a 35% YoY rise in Q4FY26 net profit to Rs 2,014 crore, driven by strong growth in NII, advances, and overall business. Asset quality improved, with lower gross and net NPAs. For FY26, profit rose 27%, while deposits and advances grew robustly. The bank also announced a total dividend of...Read More
Oil prices jumped around 5% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.Read More
Euro zone bond yields ticked higher on Monday, as concerns grew that the ceasefire between the United States and Iran might not hold, though borrowing costs were still meaningfully below their late-March highs hit before the ceasefire was announced.Read More
The Indian rupee logged its steepest one-day fall in a week on Monday, with wary investors bracing for the end of the U.S.-Iran ceasefire a day later amid rising tensions in the Middle East.Read More
Pernod Ricard SA, the maker of Absolut vodka and Chivas Regal whisky, has begun work on a potential initial public offering of its Indian business, according to people familiar with the matter.Read More
Japan’s Nikkei share average rose on Monday, nearing the all-time high it scaled last week, as optimism over the red-hot artificial intelligence sector outweighed concerns about the Middle East crisis.Read More
Bitcoin is consolidating near recent highs after a strong rally, as geopolitical tensions around the Strait of Hormuz trigger short-term volatility. Despite the pullback, steady ETF inflows and improving institutional demand indicate a constructive outlook, with analysts expecting a potential breakout if key resistance levels are breached in the near term.Read More
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