Gaurav Thakur, Author at Daily Tips

India April CPI Inflation Expected to Rise to 3.8 Percent as LPG Price Hike and Fuel Costs Push Household Budgets Higher Amid Global Energy Crisis

May 12, 2026June 1, 2026Gaurav Thakur

India’s April 2026 consumer price inflation is expected to rise to 3.8 percent from 3.4 percent in March as higher LPG prices and fuel costs weigh on household budgets, with CPI data due for release on May 12. [...]

Sensex Crashes Over 3000 Points in Four Days as IT Stocks Plunge and FII Selling Intensifies Amid Crude Oil Surge and Rupee Crisis

May 12, 2026June 1, 2026Gaurav Thakur

BSE Sensex loses over 3,000 points in four consecutive sessions, wiping out Rs 6.4 lakh crore in investor wealth as IT stocks plunge nearly 4 percent and FII selling continues amid crude oil surge. [...]

Indian Rupee Crashes 139 Paise to 94.90 Against US Dollar as Crude Oil Surges and Trump Rejects Iran Ceasefire Proposal

May 11, 2026June 1, 2026Gaurav Thakur

The Indian rupee crashed 139 paise to 94.90 against the US dollar in early Monday trade as crude oil surged past $105 per barrel following Trump’s rejection of Iran’s ceasefire response, with the RBI intervening to stabilise the currency. [...]

Trump to Visit China From May 13 to 15 for Historic State Visit as Xi Jinping Hosts Talks on Iran War Trade and Nuclear Weapons

May 11, 2026June 1, 2026Gaurav Thakur

US President Donald Trump will pay a state visit to China from May 13 to 15 at the invitation of President Xi Jinping, marking the first American presidential visit to Beijing in almost nine years, with Iran, trade, and nuclear policy dominating the agenda. [...]

Foreign Portfolio Investors Withdraw Rs 14231 Crore from Indian Equities in May as 2026 Outflow Crosses Rs 2 Lakh Crore Mark

May 10, 2026June 1, 2026Gaurav Thakur

Foreign portfolio investors have pulled out Rs 14,231 crore from Indian equity markets in the first 10 days of May 2026, taking the cumulative 2026 outflow past the Rs 2 lakh crore mark — already exceeding the Rs 1.66 lakh crore withdrawn during all of 2025. [...]

Trump Administration’s $100,000 H-1B Supplemental Fee Raises Hiring Costs by 30 Percent and Hits Indian IT Workers Hardest

May 9, 2026June 1, 2026Gaurav Thakur

The Trump administration’s controversial $100,000 supplemental fee on certain H-1B petitions has raised the cost of hiring foreign workers by 30 percent, disproportionately affecting Indian IT professionals. Job postings tagged for H-1B sponsorship have dropped 12 percent since January 2026. [...]

SBI Posts Record Rs 83,299 Crore Annual Profit in FY26 but Shares Tumble 7 Percent as Margin Compression Worries Investors

May 9, 2026June 1, 2026Gaurav Thakur

State Bank of India reports the second-largest annual corporate profit in India at Rs 83,299 crore for FY26. However, SBI shares plunge 7 percent as surging bond yields accelerate treasury losses and net interest margins compress in Q4. [...]

Sensex Falls Over 450 Points and Nifty Drops Below 24,200 as Banking and Metal Stocks Lead Market Decline on 08 May 2026

May 8, 2026June 1, 2026Gaurav Thakur

Indian stock markets extended losses for the second consecutive session on 08 May 2026, with Sensex falling over 450 points and Nifty dropping below 24,200 as banking, oil and gas, realty, and metal sectors declined sharply. [...]

India Services PMI Jumps to Five-Month High of 58.8 in April 2026 as Domestic Demand Drives Strongest Expansion Since November

May 7, 2026June 1, 2026Gaurav Thakur

HSBC India Services PMI rises from 57.5 in March to 58.8 in April 2026, led by Consumer Services, Transport, and IT sectors. Domestic demand offsets weaker export orders as composite PMI also rises to 58.2. [...]

Deepfake Gang Busted in Ahmedabad After Using AI to Bypass Aadhaar Verification and Execute Loan Fraud

May 7, 2026June 1, 2026Gaurav Thakur

Ahmedabad cyber police arrest four accused who used deepfake technology and AI tools to bypass Aadhaar biometric checks, change registered mobile numbers, open bank accounts, and apply for fraudulent loans. [...]