India’s crude oil imports from Russia saw a marginal decline in September, but continued to account for over one-third of the country’s total oil purchases, despite US pressure to curb the trade over concerns that it supports Moscow’s war effort
The primary market is set for a busy week as two major companies, Tata Capital Ltd and LG Electronics India Ltd, gear up to launch their initial public offerings (IPOs), collectively worth more than Rs 27,000 crore. Illustration: Dominic Xavier/Rediff
Foreign portfolio investors (FPIs) remained net sellers of Indian equities in September, withdrawing Rs 23,885 crore (around $2.7 billion) and taking year-to-date outflow to Rs 1.58 lakh crore ($17.6 billion). Illustration: Dominic Xavier/Rediff This marks the third consecutive month of
Marico is expected to post high single-digit volume growth in the India business in the July-September quarter. Photograph: Courtesy, Marico However, it is expected to moderate sequentially, the company said in its quarterly update on exchanges. The domestic business of
As the rally in precious metals takes centre stage in 2025, most analysts recommend a larger allocation to gold over silver despite the latter’s outperformance this year. Photograph: Arnd Wiegmann/Reuters In the current calendar year (CY25), spot gold prices in
In the medium term, corporates and vendors could move away from visa dependency, shift more work offshore and share higher cost burdens with clients. Illustration: Dominic Xavier/Rediff On September 19, the executive US presidential order to impose a one-time
‘India has the capital to invest in defence production.’‘With clear timelines and commitments, private industry can deliver surge capacity effectively.’ Photograph: Kind courtesy Kalyani Strategic Systems “With rapidly evolving technology, a seven-year procurement cycle risks acquiring outdated systems. For critical
The Reserve Bank on Friday allowed persons residing outside the country to invest in corporate debt securities through Special Rupee Vostro Accounts. Illustration: Uttam Ghosh Earlier, such entities were only permitted to invest their rupee surplus balance in accounts in
Tata Capital Ltd, set to launch its IPO next week, has identified green financing and digital innovation as its core growth pillars, backed by the merger of its IFC-backed subsidiary Tata Cleantech Capital in 2024. IMAGE: Saurabh Agrawal, Chairman of
Companies such as TCS, Infosys, Wipro and HCLTech usually have big centres in cities to be in proximity with their clients. Kindly note that this illustration generated using Microsoft Copilot has only been posted for representational purposes. The Donald Trump
