Foreign investors continued to exit Indian equities, withdrawing ₹19,837 crore ($2.1 billion) in the first two trading sessions of April, weighed down by the West Asia conflict, rising crude oil prices, and persistent rupee depreciation. This came following a record
US-Iran war: Safe haven asset gold has remained volatile since the beginning of the US-Iran war. Despite continued geopolitical tensions, gold prices have declined by nearly 7% since February 28, indicating a shift in investor preference toward the US dollar
The Indian IPO market is witnessing a remarkable surge in preliminary filings, with 38 companies submitting papers to SEBI in March 2026, signalling robust issuer confidence and strategic regulatory compliance despite prevailing market volatility. Illustration: Dominic Xavier/Rediff.com Key Points A
Despite global headwinds, India’s pharmaceutical exports are booming, exceeding $28 billion and projecting significant growth, driven by strong performance in formulations, biologicals, and vaccines. Photograph:Yves Herman/Reuters Key Points India’s pharmaceutical exports reached over $28 billion, showing a growth of over
Veteran industrialist Venu Srinivasan’s resignation from a Tata charitable institution highlights internal disputes and questions surrounding trustee eligibility within the prominent Tata Trusts. IMAGE: Venu Srinivasan. Photograph: ANI Photo Key Points Venu Srinivasan, a trustee on Tata Trusts, has resigned
Brazil Potash CEO Matt Simpson warns that the ongoing West Asia conflict, coupled with the Russia-Ukraine war, could trigger a global food crisis by impacting fertiliser supplies and planting seasons in Europe and North America, urging countries to rethink global
AU Small Finance Bank reported strong growth in both deposits and advances for the quarter ended March 31, 2026, according to the bank’s provisional business update. The bank said total deposits stood at ₹1,52,660 crore at the end of the
Silver rate today: After climbing to an all-time high of ₹4,20,088 per kg on the Multi Commodity Exchange (MCX), the silver rate today in India is at ₹2,32,600 per kg, around ₹1,87,500 or 45% below the record high. After the
Despite geopolitical conflicts in West Asia impacting international markets, leading Fast-Moving Consumer Goods (FMCG) companies like Dabur India and Marico are projecting strong high single-digit growth for the final quarter of FY26, buoyed by robust domestic demand in India. Photograph:
A new report suggests that persistent high crude oil prices could force the Reserve Bank of India (RBI) to raise interest rates to combat rising inflation, potentially impacting the Indian economy. Illustration: Dado Ruvic/Reuters Key Points Sustained crude oil prices
