Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Is a college education still worth it in India?
India must confront the impact of AI on jobs due to its large youth population, reliance on software services, and an oversupply of graduates. Entry-level roles are under threat as AI improves coding and automation, while the wage advantage of a college degree has been shrinking since 2011.
Reliance Industries' arm Reliance Retail sells 100% stake in RPPMSL for ₹274 crore
Shares of Reliance Industries Ltd ended at ₹1,314.55, down by ₹35.60, or 2.64%, on the BSE.
Stocks to buy or sell: Dharmesh Shah of ICICI Sec suggests buying Reliance, Titan shares on April 13
On April 10, Sensex and Nifty 50 surged over 1%, driven by banking stock purchases and positive global trends. Investor confidence rose amid expectations of a US-Iran dialogue and falling crude prices, leading to the strongest weekly gains in over five years.
Government pushes faster PNG rollout amid Gulf crisis
India is pushing for more piped gas connections. Oil Secretary Neeraj Mittal has asked city gas companies to speed up adding household connections. This comes as the government eases rules for infrastructure. The move aims to reduce reliance on imported fuel. Recent global events highlighted vulnerabilities in current supply chains.
Reliance caps fuel sales at $11 per pump amid growing shortages
West Asia War: Reliance Industries is limiting fuel purchases at its retail stations. Customers can buy only about $11 worth of gasoline or diesel per visit. This move aims to manage supply amid ongoing Middle East crisis disruptions. Other fuel retailers are also facing challenges. India imports most of its oil, making it vulnerable to global supply issues.
Landmark step, but concerns remain: Experts on Kalpakkam nuclear reactor reaching criticality
India's first indigenous prototype fast breeder reactor at Kalpakkam has achieved criticality. This marks a major milestone in the nation's pursuit of nuclear self-reliance. The reactor's success bolsters the three-stage nuclear program. Experts highlight its role in harnessing India's vast thorium reserves for future energy security.
Nifty April futures trade at premium
HDFC Bank, Reliance Industries and Trent were top traded contracts
Telecom regulator orders Reliance Jio to stop ‘discriminatory’ tariff practices
The directive follows a probe into Jio’s discontinuation of certain entry-level prepaid recharge plans offering 1 GB data per day, which the operator had said were available only through its own retail stores.
Right policies can help bring idle household gold into the market
Indians hold significant idle gold. Unlocking this gold could ease economic pressure by reducing reliance on imports. A two-year-old brand, Indriya Aditya Birla Jewellery, sees increased gold exchange contributing to sales. The company focuses on design and quality, catering to women of all ages. Indriya also plans to expand its natural diamond business, seeing growth potential in the Indian market.
$200 crude oil scenario: How Reliance Industries, ONGC & OMCs stack up
Global oil prices are soaring, threatening India's import-reliant economy. A potential $200 per barrel scenario looms, impacting refiners and oil marketing companies severely. While Reliance Industries shows resilience, upstream players like ONGC face price caps. Gas companies grapple with supply route disruptions, potentially affecting industrial users and CNG availability.
Reliance signs $3 billion green ammonia supply deal with Samsung C&T
Reliance Industries has signed a $3 billion, 15-year green ammonia supply deal with Samsung C&T, marking one of the largest global offtake agreements in clean fuels.
Reliance’s e-commerce platform cashes in on Dhurandhar hype with new merch line
Reliance fashion platform AJIO has launched a special merchandise collection. This range is inspired by the spy thriller Dhurandhar. The collection features apparel like graphic T-shirts and signature tees. It also includes limited-edition signed Pathanis. Designs are based on movie quotes and on-screen styles. The merchandise is available exclusively on AJIO. The film Dhurandhar is produced by Jio Studios.