Indian refiners are preparing to significantly reduce imports of Russian oil. This comes after the United States imposed sanctions on major Russian oil exporters, Rosneft and Lukoil. The strict enforcement of these sanctions could disrupt global oil markets. This disruption may lead to a substantial reduction in Russian oil supply. Indian refiners and banks are concerned about secondary sanctions.Read More
Hindustan Unilever anticipates a stronger second half of FY26, driven by easing inflation and stable consumer demand expected to boost volumes. Despite a flat volume growth in the September quarter, the company’s net profit rose 4%, aided by a one-off tax resolution.Read More
Indian stock markets closed higher for the sixth consecutive day. Gains were fueled by positive reports on trade negotiations between India and the US. Information Technology stocks saw a significant rise. While Reliance Industries shares declined, the overall market sentiment remained optimistic. Investors are awaiting concrete outcomes from the trade deal discussions.Read More
Indian exporters, particularly in IT and textiles, saw a significant surge on Thursday following reports of an impending India-US trade pact. This potential deal could drastically lower US tariffs on Indian goods, boosting export prospects.Read More
Markets traded volatile on Thursday, ending nearly unchanged after early gains were erased by profit-taking in heavyweight stocks. Analysts suggest a short-term consolidation phase is likely, with Nifty holding above 25,600 considered healthy. Several companies, including Vedanta, Hero MotoCorp, and Colgate-Palmolive, are in focus due to investment plans, international expansion, and Q2 results.Read More
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