Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Assam Budget: Planters, Traders Say Subsidy, Incentive Proposals To Boost Tea Sector
State Finance Minister Jayanta Malla Baruah, in his maiden budget, announced a subsidy of Rs 3 per kg for export-oriented and premium-quality Assam CTC tea for the first time.
India's middle class may have little room in the richer housing market
India's residential property market delivered one of its strongest first-half performances in over a decade, with home sales staying near record highs even as growth stabilised. Knight Frank India says premium housing is now driving the market, while affordable homes continue to shrink. Mumbai led sales, Bengaluru posted the fastest growth and NCR remained the weakest market.
NHB probing Aavas Financiers over loan classification lapses
The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.
NHB probing Aavas Financiers over loan classification lapses
The sector regulator has recalled refinancing support worth nearly Rs 500 crore —a punitive action that has set off a sweeping leadership overhaul at the company. ET was the first to report on April 13 that managing director and CEO Sachinder Bhinder was being asked to step down, with Manu Singh — former home loans head at Kotak Mahindra Bank — set to take over. A week later, on April 20, the company confirmed Bhinder's resignation and Singh's appointment as the new CEO.
BSH enters mass market in India for first time globally, cuts Bosch prices to rival LG, Samsung
German appliance giant BSH Home Appliances is making a significant push into India's mass market for the first time globally. By partnering with local manufacturers and reducing prices, the company aims to capture a larger share of this crucial segment. This strategic shift, which includes introducing over 350 new models, signals BSH's strong commitment to the Indian market and its potential for future growth.
Indian firms turn to floating-rate debt as interest rate hikes loom
Indian firms shift to floating rate bonds as rate hike bets rise, ICICI Home Finance, Tata Capital, Mahindra and Mahindra Financial Services and HDB plan ₹85.50 billion in issues.
Q4 Results LIVE Updates: Jubilant FoodWorks revenue up 19%, Shyam Metalics steel sales surge
Q4 Results LIVE Updates: Investors are gearing up for the earnings season as companies continue to report their provisional numbers for the fourth quarter and the financial year 2026. HDFC Bank, Axis Bank, Kotak Mahindra Bank, Bank of Baroda, IDFC First Bank, CSB Bank, IndusInd Bank, Utkarsh Small Finance Bank, AU Small Finance Bank, Yes Bank, Bandhan Bank are among the lenders that have reported their provisional numbers over the extended weekend. Watch this space for all the LIVE updates.