Indian insurance penetration stays at 3.7 percent, lagging behind the global average. Life insurance penetration saw a slight dip, while non-life insurance remained steady. Insurance density, however, increased to 97 dollars per person. Experts predict a period of adjustment for the sector due to new regulations. Life insurance premiums are expected to grow moderately before...Read More

Banking sector profitability strengthened and asset quality improved in FY25, reaching a multi-decadal low GNPA ratio of 2.2%. Banks significantly increased sales of stressed assets to ARCs, with private and foreign banks leading the trend. Non-bank lenders, including NBFCs and HFCs, also reported growth and improved profitability.Read More

Varun Beverages’ acquisition of South African brand Twizza is set to double its market share in the region to 20% by 2027. Analysts have raised target prices, citing VBL’s consistent domestic performance and international expansion potential. The deal is expected to yield cost synergies and enhance VBL’s manufacturing and distribution capabilities in South Africa.Read More

Silver prices reached a new record high of ₹2.41 lakh per kg in New Delhi on Tuesday. This surge was driven by strong industrial demand and firm global prices. In contrast, gold prices continued their downward trend for the second consecutive day. Spot silver saw a significant increase in international markets, boosting the white metal’s...Read More

Indian equity markets closed flat on Tuesday amidst mixed global cues, despite strong November IIP data. Analysts anticipate a sideways trend with selective buying due to thin trading volumes from New Year holidays. Foreign portfolio investors were net sellers, while domestic institutional investors bought shares.Read More

Markets ended flat on the year’s final expiry amid mixed global cues and low volumes. Key stocks like Titan, Indian Hotels, Bharat Forge, IndiGo, Hyundai India, NBCC, and Tata Power are in focus due to significant corporate developments, including stake sales, major contracts, GST notices, project completions, leadership changes, new product launches, and renewable energy...Read More

Usha International, a company with roots in pre-independence India, is exploring a public listing. Promoters, including Krishna Shriram, are considering this move. The company, incubated by Delhi Cloth and General Mills, aims to support its future growth and expansion plans. Details on the potential initial public offering’s size and timing are not yet available.Read More

Japanese memory chipmaker Kioxia Holdings Corp has seen its stock surge by an astonishing 540% this year, becoming the top performer on Japan’s Topix index. This remarkable gain is fueled by the insatiable demand for data storage driven by the AI boom, with Kioxia’s NAND flash memory chips being crucial for AI training and data...Read More

Indian markets ended flat on Tuesday as year-end caution and persistent FII outflows kept sentiment subdued. Nifty hovered below 26,000, with analysts flagging a weak short-term trend amid negative technical indicators. Activity remained stock-specific, with Hindustan Copper, auto names and PSU banks drawing strong interest despite overall bearish market breadth.Read More

Ramkrishna Forgings saw major bulk deal activity on Tuesday as Morgan Stanley bought shares worth Rs 95 crore while Societe Generale sold Rs 75 crore worth. The buying and selling prices were at a discount of 1.2% over the Monday closing price of Rs 512.90 on the NSE.Read More