Blinkit, Zepto ignite the quick commerce firestorm

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it

In a first, Amul to launch fresh milk in US

For the first time, Amul fresh milk will be available outside India, with the Gujarat Cooperative Milk Marketing Federation (GCMMF) launching four variants of milk in the US market within a week, to cater to Indian diaspora and Asian population.

Street Signs: Market on edge, unveiling fund manager strategies, and more

Any trader with a liability of over Rs 10,000 in the form of capital gains had to pay advance tax this month. Additionally, losses can be set off against capital gains. Market on edge: Liquidity crunch casts shadow In addition

CCI refuses to pass interim order restricting Google

The Competition Comm­iss­ion of India (CCI) on Wednesday declined an interim relief order that would restrain Google from levying service fees on app developers until a final decision is made by the regulator. Photograph: Annegret Hilse/Reuters The CCI also said

Can the sell-off in mid, smallcap stocks spread to the large-cap universe?

Tracking losses in the broader market that has seen the Nifty Smallcap 250 index and the Nifty Midcap 100 indices slip 9 per cent 6.1 per cent in the last few sessions, the frontline Nifty 50 index has remained resilient

Factors that will guide the markets this week

Stock markets would be driven by global trends and foreign investors’ trading activity in the holiday-shortened week, analysts said adding that key equity indices may face volatile trends amid the monthly derivatives expiry on Thursday. This week markets will have

Despite shrinking discounts, Russian crude flow to India may continue

Despite discounts on Russian crude oil — which fell to the lowest since the Ukraine war began — and the rising sanctions, import volumes from the country will remain stable for now or at least till July, said refinery officials.

Global supply, margin pressures overhang for Indian steelmakers’ stocks

Analysts are advising a cautious stance on the steel sector due to a combination of factors. Photograph: Babu/Reuters The major one is that China has maintained momentum on steel exports in CY24 and there could also be domestic over-supply in

Airfares, hotel rates shoot up ahead of Holi, Good Friday

As March draws to a close, two consecutive long weekend opportunities – Holi and Good Friday – are driving up hotel occupancy and airfares across major routes. Kindly note the image has been posted only for representational purposes. Photograph: Kind

OMC shares sink up to 6% on fuel price cut

Investors shunned shares of oil marketing companies (OMCs) on Friday as they feared that the government’s decision to cut retail prices of petrol and diesel could hurt the companies’ profit margins in the near term. Photograph: Francis Mascarenhas/Reuters On Thursday,