Economy

Imported or ‘Swadeshi’ tug-of-war in ₹60,000-crore dry fruits/nuts market

As Diwali shoppers fill their baskets with almonds and walnuts, few realise that most of these “Indian” dry fruits aren’t truly Swadeshi. There is an intense tug-of-war in marketing this produce, which has a ₹60,000-crore market dominated by nearly 75–80 per cent imports. Agritech startup KisaanSay is marketing Indian-grown dry fruits as a premium, “flavour-rich” […]

Valuation gap: ONGC trails Zomato in market cap despite holding assets worth 1/3rd of its valuation; analysts flag undervaluation

State-run Oil and Natural Gas Corporation (ONGC), valued at around Rs 3.10 lakh crore, now lags behind food delivery platform Zomato in market capitalisation despite owning stakes and assets worth more than a third of its own valuation — a gap analysts say reflects deep undervaluation of India’s largest oil and gas producer.As of Friday’s […]

Sebi eyes easier NRI market access: Chairman flags urgent KYC reforms; focus on digital FPI registration

Easing investment procedures for non-resident Indians (NRIs) is an “urgent goal” for Sebi, Chairman Tuhin Kanta Pandey said on Saturday, highlighting plans to simplify compliance and expand participation in Indian capital markets. Speaking at an event organised by the Bombay Stock Exchange Brokers’ Forum, Pandey emphasised the need for NRIs to complete know-your-customer (KYC) formalities […]

$6 billion wiped out in 1 hour! Trump to impose 130% tariff on China; triggers crypto market sell off

Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, coupled with a fresh export control move by Donald Trump, rattled investors worldwide. After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, […]

Economy

India’s growing significance in aviation market attracts Safran

Located in Hyderabad, the LEAP engine MRO — built at an investment of $150 million — is expected to be inaugurated by Prime Minister Narendra Modi | Photo Credit: French aerospace major Safran’s board is set to visit India, underscoring the country’s growing significance as a key aviation market, industry sources told businessline. The board […]

Gold loans surge: Organised market set to reach Rs 15 lakh crore by March 2026; says Icra report

The organised gold loan market is projected to touch Rs 15 lakh crore by March 2026 — a full year ahead of earlier forecasts — as banks tighten their dominance and expand faster than non-banking financial companies (NBFCs), according to a report by rating agency Icra.The agency had earlier estimated in September 2024 that the […]

Stock market today: Nifty50 opens above 25,200; BSE Sensex up around 200 points

Expert Rupak De notes that despite Thursday’s recovery, the index remains under the 25,250 resistance level. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday. While Nifty50 want above 25,200, BSE Sensex was up around 200 points. At 9:24 AM, Nifty50 was trading at 25,236.00, […]