Vikram Solar’s share price rose sharply on Wednesday after the recently listed company posted a stellar Q1, with net profit soaring 484% YoY to Rs 133 crore and revenue climbing 80% to Rs 1,134 crore. Strong policy support, rising energy demand, and fresh solar module orders lifted investor sentiment.Read More
Indian government bonds remained stable in early trading today. This follows a selloff in the previous session. Traders are currently awaiting key inflation data from both the United States and India. This data will provide cues on future interest rate decisions by central banks. Market participants are closely watching these economic indicators for further direction.Read More
Japanese Prime Minister Shigeru Ishiba resigned after election defeats, shifting focus to the LDP’s October leadership race. Markets expect a pro-easing successor could delay BOJ rate hikes, weakening the yen and lowering bond yieldsRead More
The European Union has approved 102 additional Indian fishery units for exports to its member countries, expanding market access for domestic players. The government said the move is expected to significantly boost seafood shipments, particularly aquaculture shrimp and cephalopods like squid, cuttlefish, and octopus.Read More
The Indian IT sector faces a potential threat from the proposed HIRE Act 2025 in the US, which imposes a 25% tax on outsourcing. This could significantly impact India’s $100 billion IT exports, with the US being a major market.Read More
Indian stocks began Wednesday on a positive note, as the Nifty extended its winning streak for the fifth consecutive day. Optimism surrounding potential goods and services tax reductions, coupled with the resumption of trade discussions between the United States and India, boosted market sentiment. The S&P BSE Sensex and NSE Nifty 50 both experienced gains...Read More
US President Trump confirmed ongoing trade negotiations with India, saying that they will be completed soon. Prime Minister Modi echoed optimism and said talks could unlock the full potential of the India-US partnership, boosting investor sentiment on the D-Street.Read More
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