Business

Gold and Silver Poised for Volatility as US-Iran Talks Stall, Boosting Safe-Haven Buying Precious metals are expected to face heightened volatility as global markets reopen, primarily due to the collapse of US-Iran negotiations. Investors are taking a cautious stance, closely tracking domestic inflation metrics and vital Chinese economic data for market direction.Traders are advised to keep a sharp watch on several key global indicators. Beyond developments in West Asia, attention will be paid to the US Producer Price Index (PPI) and crude oil price movements. Additionally, speeches from several Federal Reserve officials will provide crucial guidance on bullion pricing.The domestic commodities market will observe a partial closure...

State-owned Coal India Ltd. is stepping in to protect consumers from potential price spikes, absorbing significant increases in input costs. This strategic move aims to maintain affordable coal supplies despite sharp rises in expenses for key materials.The company confirmed it will not pass on these mounting costs to the market. Officials warned that doing so could trigger a severe and cascading impact across various sectors dependent on coal.Impact of West Asia Conflict on Mining Inputs Rising expenses for crucial mining inputs have placed intense cost pressures on Coal India. These surges were largely attributed to developments following the West Asia conflict.Ammonium nitrate, a key explosive component, saw its price jump by...

India's Fuel Supply Holds Strong: Govt Reveals Massive LNG Push and Record LPG Deliveries Despite West Asia Jitters Energy Sector Remains Prioritised Amid West Asia Developments The Government of India is maintaining close monitoring of the evolving situation in West Asia, enacting coordinated measures across critical infrastructure. Energy supply and fuel availability are key areas of focus to ensure uninterrupted operations. The Ministry of Petroleum and Natural Gas confirmed that despite geopolitical developments affecting the Strait of Hormuz, measures are in place to safeguard domestic supply.In a major move to boost cleaner alternatives, efforts are accelerating the transition to natural gas. Since March 2026, more than 4.24...

Climate Exposure Threatens Bank Profits: IIM Lucknow Study Warns of Hidden Credit Risks in Carbon-Intensive Lending Financial Resilience Hinges on Decoupling from Fossil Fuels, Study Reveals IIM Lucknow researchers have issued a stark warning regarding the long-term financial health of banking sectors. Their new study suggests that banks heavily exposed to carbon-intensive industries face increasing credit risks. These risks manifest as higher monitoring and recovery costs over time.The research, published in the Journal of International Financial Markets, Institutions and Money, underscores a vital link. It connects corporate sustainability directly with a bank's enduring financial performance. The findings emphasize the necessity of...

German Giant Targets 8% Market Share by 2030 as India Becomes Strategic Hub for Bosch, Siemens BSH Home Appliances Fuels Aggressive Growth in Indian Market BSH Home Appliances India, the arm of the Munich-based global manufacturer, is aggressively expanding its footprint in the Indian market. The company recorded a notable 15 per cent overall growth in 2025. This momentum accelerated significantly in the first quarter of 2026, where the brand reported an impressive 50 per cent growth.The Indian market is crucial to BSH's strategy. The company has positioned India as a "key strategic market," reflecting its size and dynamic consumer base. This significance was underlined by elevating India to a separate region from 2026 onwards...

The Indian stock market achieved a significant milestone this week, with the Nifty 50 and Sensex rallying nearly 6%. This strong performance marks the best weekly gain for both indices since the first week of February 2021. The rally was primarily fueled by improved global sentiment following discussions regarding the US-Iran standoff.However, underlying geopolitical uncertainties and specific market indicators suggest that while the momentum is visible, the market sentiment remains fragile. Traders are keenly watching the fallout from ceasefire negotiations and global trade arteries like the Strait of Hormuz.Market Rally Fueled by US-Iran Diplomatic Discussions The bullish sentiment accelerated after reports of ceasefire talks...

Shell Leverages Global LNG Portfolio to Stabilize India's Energy Inputs Global energy major Shell plc has significantly bolstered natural gas supplies to India. This strategic move comes in the wake of disruptions triggered by the West Asia conflict. Shell is actively leveraging its extensive global liquefied natural gas (LNG) portfolio.Sources indicate the company drew upon LNG reserves from diverse origins, including Oman, Australia, and Nigeria. This capability allowed Shell to capture a substantial share of both spot and term market demand. This support is critical as India imports nearly half of its natural gas requirements.Bidding Dominance in Fertilizer Sector Amid Supply Crunch Shell emerged as a dominant supplier during the...

D-Street is preparing for a week featuring a major corporate action involving Pashupati Cotspin. According to BSE’s corporate action list, this company is the sole entity reporting a record date for a significant share split. Pashupati Cotspin has announced a substantial stock split in the ratio of 10:1. The record date for this event has been set for April 17, 2026.Under this announcement, every fully-paid up share with a face value of ₹10 will be divided into ten fully-paid up shares, each having a face value of Re 1. This mechanical change reflects a "Sub-division (split) of 1 (One) existing Equity Share... into 10 (ten) Equity Shares of Re.1/- (Rupee One only) each."Understanding the Mechanics of a Stock Split A stock split is...

India Slashes Coal Imports as Domestic Stockpiles Surge, Boosting Self-Reliance Drive Coal Imports See Dip Amid Strong Domestic Stock Management India's coal imports registered a noticeable decline in February, falling 8.5 per cent to 16.55 million tonnes. This reduction is attributed to robust domestic coal stockpiles and the stability observed in global seaborne prices.Industry experts suggest that the weak trend in imports is likely to persist. Vinaya Varma, MD & CEO of mjunction services, noted that the combination of high domestic stocks and steady seaborne pricing contributed to the dip in thermal coal imports. He added that efforts by domestic miners to liquidate existing stocks are expected to sustain this weak import trend in...

Gold Plummets as US-Iran Ceasefire Talks Collapse; Experts Warn of Deeper Sell-Off Safe-haven yellow metal has seen a substantial downturn, shedding over 9% since the initial onset of the US-Iran conflict on February 28. With the latest diplomatic efforts failing to yield an agreement, market analysts are warning of potential further downside in gold prices. Despite this bearish sentiment, the metal recorded a weekly gain exceeding 2% earlier, fueled by hopes of a positive resolution in the truce talks.Failure of US-Iran Ceasefire Negotiations Dampens Gold Sentiment Peace negotiations between Iran and the United States concluded in Islamabad without reaching any definitive understanding. Delegates from both nations met for peace talks...

Sensex, Nifty Surge Over 5.7% as Banking Heavyweights Drive Massive Equity Rally Indian equity markets concluded a strong rally last week, powered by significant gains across key financial and industrial sectors. The combined market valuation of eight of the top-10 most valued companies saw a substantial uplift of Rs 4,13,003.23 crore.The upward momentum was largely fueled by leading names in the banking sector. Benchmark indices reflected this bullish sentiment strongly. The Sensex registered a surge of 4,230.7 points, marking a 5.77 per cent climb for the week. Correspondingly, the Nifty climbed 1,337.5 points, achieving a 5.88 per cent increase.Key Drivers Fueling the Market Rally Market sentiment appeared buoyant, with optimism...

Tata Consultancy Services Acts on Serious Allegations at Nashik Unit Tata Consultancy Services (TCS) has suspended employees currently under investigation concerning the controversy at its Nashik unit. The IT major confirmed its full cooperation with the authorities investigating the matter. TCS reiterated its unwavering zero-tolerance stance regarding any form of harassment or coercion within its ranks.Genesis of the Controversy: Multiple FIRs Filed The scrutiny surrounding the company stems from multiple First Information Reports (FIRs) registered in Nashik. These complaints pertain to alleged incidents involving sexual harassment and issues related to religious conversion. A total of nine FIRs have reportedly been filed in...

Regulator Targets Bank Practices in Currency Market Volatility A senior Reserve Bank of India official has publicly criticized foreign-exchange market makers regarding their activities. The criticism focuses on their role in reportedly aggravating the rupee’s weakness, particularly during periods of heightened tension in the Middle East.Deputy Governor T. Rabi Sankar made these remarks during an annual foreign exchange dealers’ conference in Paris over the weekend. Sources familiar with the matter indicated that Sankar specifically addressed the arbitrage trading activities between local and offshore currency markets.According to these sources, the arbitrage was observed to be straining dollar liquidity at a critical juncture. This...

Top 8 Stocks Drive ₹4.13 Lakh Crore Market Valuation Boost The top tier of Indian equities saw a massive collective valuation surge last week, with eight of the ten most valuable firms adding ₹4,13,003.23 crore to their market capitalization. This strong performance was fueled by palpable optimism across the broader equity markets. HDFC Bank and ICICI Bank were highlighted as the primary engines behind this significant upward momentum for the Nifty and Sensex.The overall sentiment remained highly buoyant, driven by positive developments in global geopolitical stability. This rally signaled strong investor confidence in India's market depth and resilience against external headwinds.Index Rally Amid Geopolitical Optimism Broader...

India's Innovation Engine Roars: Patent Filings Surge 30.2% to Historic High, Solidifying Global Powerhouse Status New Delhi witnessed a major affirmation of its growing status as a global innovation leader on Sunday. Union Minister Piyush Goyal highlighted substantial growth in India's patent filing activity. The data confirms a remarkable increase, signaling a robust and confident economic trajectory for the nation.The Ministry data reveals that patent filings reached a historic high of 1.43 lakh in the financial year 2025-26. This marks a significant escalation of 30.2 per cent compared to the preceding year.Domestic Dominance Drives Patent Surge in FY26 The surge is heavily underpinned by domestic contributions, as highlighted...

Negotiations Stalemate: US-Iran Talks Conclude Without Agreement Iran's Foreign Ministry Spokesman, Esmaeil Baqaei, reported that the negotiations between the US and Iran in Islamabad, Pakistan, did not conclude with any agreement. The talks stalled, according to Baqaei, primarily due to what he termed excessive demands emanating from the US side.Despite the setback, Baqaei noted that there were moments of understanding between the two nations. He stated that Iran and the US had reached an understanding on a number of issues, though "differences of opinion" persisted over two or three important matters.Analyzing the Diplomatic Process and Conditions The spokesperson provided context on the process, mentioning that the most recent...

Finance ministers and central bankers from the world's 191 member countries are convening in Washington, D.C., for the International Monetary Fund (IMF) and World Bank's spring meetings. The gathering, scheduled for April 13-18, aims to assess global economic uncertainties exacerbated by the fragile US-Iran ceasefire and ongoing peace talks.Global Economy Faces Headwinds Amid Geopolitical Instability The global economic outlook remains under intense scrutiny. IMF Managing Director Kristalina Georgieva has issued a stark warning. She indicated that new economic forecasts, due for release on Tuesday, and a report on global financial stability are likely to be downgraded.Georgieva emphasized that the resilient world economy is once...

Small-cap NSE stock Mangalam Worldwide is expected to be under significant focus in Monday's trading session. This renewed interest stems from major corporate announcements confirming the company's status as an approved vendor to several prominent domestic and global institutions.Despite closing on Friday in the red, the market attention is now shifting toward these substantial empanelments. On April 10, the share price finished the session 1.45% lower at ₹ 261.80 apiece.Empanelment Boost: Global Giants Validate Mangalam Worldwide Stock Mangalam Worldwide recently announced its empanelment with industry leaders, marking a strong boost to its market positioning. The approved vendors include QatarEnergy, Bharat Heavy Electricals...

Key Movers: HDFC Bank and ICICI Bank Lead Market Rebound The Indian equity market saw a significant rally last week, fueled by an optimistic sentiment across top-tier stocks. The combined market valuation of eight of the top-10 most valued firms surged by a substantial Rs 4,13,003.23 crore. HDFC Bank and ICICI Bank were identified as the primary drivers of this upward momentum, guiding the market's strong performance.Overall market indices mirrored this robust trend. The BSE benchmark Sensex climbed an impressive 4,230.7 points, marking a 5.77 per cent gain. Concurrently, the NSE Nifty experienced a surge of 1,337.5 points, recording a 5.88 per cent increase over the week.Market Sentiment Boosted by Global Oil Dip Market analysts...

The Indian IT and ITeS sector is witnessing a marked shift in workforce composition, with women's participation in contractual and flexible roles projected to reach a significant 40 per cent by Fiscal Year 2026. A new report published on Sunday details this upward trend, pointing to the growing acceptance of flexible work models across the industry.The research, titled “Women in IT/ITeS: Trends in Contractual/Flexi Roles” by Careernet, underscores a substantial leap in female representation. Data indicates that women's placements have climbed by 10 percentage points over the last four years.Key Growth Metrics for Women in IT/ITeS Sector The study tracks annual placements from a sample size of around 3,000 contractual positions. It...