Markets Archives - Page 2 of 5

Muthoot FinCorp Plans Rs 4000 Crore IPO After FY26 Net Profit More Than Doubles to Rs 1640 Crore as Board Approves Stock Split and NCD Fundraise

May 17, 2026June 1, 2026Gaurav Thakur

Muthoot FinCorp announced plans for a Rs 4,000 crore IPO through a fresh issue of equity shares after its FY26 net profit surged to Rs 1,640 crore from Rs 787 crore in FY25. The board also approved a 5:1 stock split and plans to raise Rs 4,000 crore via NCDs. [...]

Berkshire Hathaway Takes 2.6 Billion Dollar Stake in Delta Air Lines and Triples Alphabet Investment in First Major Moves Under Greg Abel Leadership

May 16, 2026June 1, 2026Gaurav Thakur

Berkshire Hathaway disclosed a new $2.6 billion stake in Delta Air Lines and tripled its position in Alphabet (Google’s parent), adding 36.4 million shares, while exiting Amazon — marking the first major portfolio reshuffles under incoming CEO Greg Abel’s watch as the post-Buffett era takes shape. [...]

Boeing Wins 200-Jet Order From China as Trump-Xi Beijing Summit Delivers First Major Trade Deal in Nearly a Decade With Nvidia Chip Sales Also Cleared

May 15, 2026June 1, 2026Gaurav Thakur

China has agreed to purchase 200 Boeing aircraft — marking its first major US commercial plane order in nearly a decade — while the US cleared sales of Nvidia’s H200 AI chips to 10 Chinese firms, as the Trump-Xi Beijing summit delivered its biggest commercial outcomes on Day 2. [...]

RBI Governor Sanjay Malhotra Warns Petrol and Diesel Price Hike Inevitable If West Asia Crisis Persists as Crude Oil Stays Above 100 Dollars Per Barrel

May 14, 2026June 1, 2026Gaurav Thakur

RBI Governor Sanjay Malhotra has warned that India may eventually have to raise petrol and diesel prices if elevated crude oil prices persist due to the ongoing West Asia conflict, saying it is just a matter of time before the government passes on some of the price increases. [...]

Gold Shatters All Records in India as Price Crosses Rs 1.52 Lakh Per 10 Grams and Silver Breaches Rs 3 Lakh Per Kg for First Time in History

May 13, 2026June 1, 2026Gaurav Thakur

Gold prices in India surge past Rs 1,52,000 per 10 grams while MCX silver futures cross the Rs 3 lakh per kg mark for the first time, driven by the government’s emergency duty hike, global safe-haven demand, and a weakening rupee. [...]

India Hikes Gold and Silver Import Duty From 6 to 15 Percent in Emergency Move to Protect Forex Reserves Amid Global Energy Crisis

May 13, 2026June 1, 2026Gaurav Thakur

The Indian government on Wednesday sharply raised customs duties on gold and silver from 6 per cent to 15 per cent, marking the biggest single increase in over a decade, as it moves to conserve foreign exchange reserves that have fallen by nearly $38 billion since February. [...]

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. [...]

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. [...]