Automobile exports rise 19% to over 53 lakh units in FY25: SIAM

Automobile exports from India rose by 19 per cent to over 53 lakh units in the last 2024-25 fiscal year driven by robust demand for passenger vehicles, two wheelers and commercial vehicles in the overseas markets. Image used for representation

FPIs turn net buyers; inject Rs 8,500-cr in the week

Foreign investors have infused nearly Rs 8,500 crore in the country’s equity markets last week, after a phase of heavy outflows earlier in the month, supported by renewed investor confidence, resilient domestic economy and relative insulation from global trade disruptions.

Stocks to Watch on April 21: Jio Financial, HDFC Bank, ICICI Bank, Infosys, PNB, Voltas and more

1 / 12 Jio Financial Services | The company reported an 18% year-on-year (YoY) increase in Q4 revenue to ₹493.2 crore, aided by strong growth in lending, leasing, and digital financial services. Net profit for the March quarter rose 1.7%

Sebi plans raising MF exposure limit in REITs, InvITs; experts flag tax concerns

However, experts have cautioned about potential risks related to liquidity, taxation, and regulatory compliance. In a consultation paper released on 17 April, Sebi proposed increasing the single issuer investment limit for equity schemes from 5% to 10% of net asset

Factors that will drive the markets this week

Trading sentiment in the equity market will largely be driven by domestic corporate quarterly earnings, any update related to US tariffs and foreign fund movements this week, analysts said. Illustration: Dominic Xavier/Rediff Investors would also focus on world market trends,

Mcap of ten most valued firms jumps Rs 3.84 lakh cr

The combined market valuation of the top-ten most valued firms jumped by a whopping Rs 3,84,004.73 crore in the holiday-shortened last week, in-tandem with a smart rally in equities, with HDFC Bank and Bharti Airtel emerging as the biggest gainers.

Modi-Musk Talk: Will Starlink Get Go Ahead?

Starlink’s application for offering satcom services in India had been held up for the company’s inability to comply with mandatory ownership disclosure norms. IMAGE: Prime Minister Narendra Modi and Tesla CEO Elon Musk during their meeting at Blair House in

CBIC Eases GST Rules, Checks Overreach

The revised guidelines are aimed at curbing discretionary practices by field officers, especially the tendency to seek documents not mandated under the law.   The Central Board of Indirect Taxes and Customs (CBIC) issued a comprehensive set of instructions on

ICICI Bank Q4 Results Highlights: Net profit rises 18% to ₹12,630 crore, declares ₹11 per share dividend

ICICI Bank Q4 Results Highlights: Private lender ICICI Bank reported a 13.2% year-on-year increase in profit before tax excluding treasury, reaching ₹16,534 crore for the quarter ended March 31, 2025 (Q4 FY25). Source link

Crude oil logs first weekly gain in 3 weeks on US-EU trade talks, Iran sanctions: Brent, WTI up 5%; Should you buy?

Oil prices settled more than 3% higher on Thursday, supported by hopes for a trade deal between the United States and the European Union and new U.S. sanctions to curb Iranian oil exports, which continued to elevate supply concerns. Brent