In a major regulatory action shaking India’s financial markets, the Securities and Exchange Board of India (SEBI) has imposed a ban on global trading giant Jane Street from participating in Indian securities markets. The ban follows a detailed probe that uncovered alleged manipulation and regulatory violations in derivatives trading, leading SEBI to order seizure of…
India’s crude oil imports from Russia surged to an 11-month high in June 2025, driven by aggressive buying by Indian refiners seeking discounted barrels amid volatile global prices. However, this sharp jump comes at a time when the US Congress is considering a Bill that proposes high tariffs or secondary sanctions on countries continuing robust…
Bajaj Finance Ltd (BFL), India’s leading non-banking financial company (NBFC), reported robust business updates for the first quarter of FY26, indicating continued strong growth momentum. The company’s Assets Under Management (AUM) surged by 25% year-on-year to reach ₹3,34,200 crore as of June 30, 2025, compared to ₹2,67,400 crore in the same period last year. The…
India’s total installed power capacity witnessed robust growth during April-May 2025, driven by significant additions in renewable and nuclear segments. According to official data released by the Central Electricity Authority (CEA), India’s installed capacity reached 434.92 GW by end of May 2025, registering a net addition of over 4.5 GW in the first two months…
Reliance Industries Ltd (RIL), India’s largest company by market capitalisation, has staged a remarkable turnaround on the stock market, shifting from being the biggest drag on the Nifty 50 index earlier this year to emerging as its top driver in recent weeks. This reversal reflects a combination of strong operational performance, strategic announcements, and improving…
In a major move to enhance national energy security, India has announced plans to construct three new strategic petroleum reserves (SPRs) to strengthen its emergency crude storage capacity and meet the International Energy Agency’s (IEA) recommended standards. This decision comes amid rising global oil market volatility and geopolitical uncertainties that have exposed vulnerabilities of major…
India’s discount broking pioneer and Zerodha CEO Nithin Kamath has weighed in on the latest development of JioBlackRock securing a stockbroking license, stating that while the entry of deep-pocketed players will grow the market, success in broking requires far more than just capital. In a candid social media post on Monday, Kamath commented on Reliance…
In a major development with far-reaching implications for corporate accountability and India’s banking sector, State Bank of India (SBI) has decided to classify loan accounts of Reliance Communications (RCom) as fraud and report its former promoter Anil Ambani’s name to the Reserve Bank of India (RBI) under the central bank’s master directions on wilful defaulters…
India’s paint industry, once a beacon of post-pandemic recovery, is now navigating a turbulent phase marked by overcapacity, intense competition, and slowing demand growth. According to industry insiders, the sector is witnessing a mismatch between production expansion and actual market consumption, raising concerns over profitability, pricing discipline, and long-term sustainability. 📌 Key Highlights Indicator Status…
In a significant development for retail and institutional investors seeking low-risk avenues for parking short-term funds, JioBlackRock Mutual Fund is set to launch its maiden liquid fund scheme. The JioBlackRock Liquid Fund New Fund Offer (NFO) opens for subscription on June 30, 2025, marking the entry of this Reliance-BlackRock joint venture into India’s competitive money…
