Markets traded subdued on the weekly expiry day, with indices ending marginally lower. Cochin Shipyard’s offer for sale saw strong investor demand on its first day. Adani Enterprises’ US legal case faces a likely dismissal by federal prosecutors. IDFC First Bank launched provident fund payment services through its EPFO integration. Premier Energies secured significant orders,...Read More

The Competition Commission of India approved the merger of fifty-one Malabar Group companies. These companies are primarily engaged in the jewellery business sector. Separately, the regulator dismissed a case against Nissan Motor India. The complainant had accused Nissan of anti-competitive dealership agreement termination practices. The CCI found no violation of competition rules in the Nissan...Read More

Sebi has revised rules for depositories’ Investor Protection Fund income. Depositories can now use five percent of annual income for expenses. The remaining ninety-five percent must be reinvested back into the fund. This change allows for administrative costs like salaries and audit fees. Any unutilized funds from the five percent must be returned to the...Read More

U.S. oil prices increased significantly after military strikes against Iran. These actions followed Iranian attacks on three commercial vessels in the Strait of Hormuz. A Qatari liquefied natural gas tanker reported being struck by a drone. Maritime security sources indicated a Saudi-flagged crude oil tanker was also damaged. Fears of disruptions to tanker traffic through...Read More

The dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil prices saw an increase following the attacks. Concerns over peace deal stability reemerged after Iran’s actions in the Strait of Hormuz. Global yields jumped higher as inflation outlook worries intensified for investors. Other currencies like...Read More

The general insurance sector saw a 16.7% premium income rise in June. Standalone health insurers led this growth with a 31% increase. First quarter collections for FY27 also climbed by 11.1%. Niva Bupa Health Insurance showed strong premium growth of 34% in June. ICICI Lombard General Insurance reported a 13.7% premium increase for the month.Read More

The Indian Rupee has depreciated significantly against the US Dollar since early 2025. Measures were introduced to boost capital inflows and support the currency. The Reserve Bank of India has intervened heavily in foreign exchange markets. A proposed foreign exchange cash reserve ratio could resolve currency leads and lags. This initiative aims to stabilize the...Read More