Market News

Reliance AGM: Reliance Retail bets on AI and consumer intelligence to power next phase of growth

Reliance Retail reported strong growth in FY26, driven by quick commerce, grocery network expansion, and rising consumer demand in fashion and electronics. The company plans to leverage AI and consumer insights for future growth, aiming for ₹1 lakh crore revenue by FY30.

RIL AGM Highlights: Five drivers for future growth

Reliance is transforming into a deep-tech and advanced manufacturing leader, highlighting five verticals within the company as those with potential for exponential value creation, Chairman Mukesh Ambani said in speech at the latest annual general meeting. These five are: Jio, AI, Retail, FMCG and New Energy.

RIL AGM 2026 this week: Date, time, where to watch live and what to expect

Reliance Industries' 49th AGM on June 19 is expected to draw investor attention for updates on the much-awaited Jio IPO, Reliance Retail's expansion plans and progress in its new energy business. Markets will also closely watch Chairman Mukesh Ambani's commentary on growth strategy and future value creation.

India's growth story could regain momentum as oil risks fade, say global market strategists

Ed Yardeni, President of Yardeni Research and Arvind Sanger, Managing Partner of Geosphere Capital Management discuss the implications of easing geopolitical tensions, India's investment outlook, the future of the AI-driven market rally, emerging-market opportunities and whether elevated US valuations are creating a stronger case for global diversification.

Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman Chandrasekaran

Tata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key growth drivers. The company plans significant annual growth from acquisitions. Innovation and digital capabilities are also central to future expansion. Revenue and profit saw substantial increases in the last fiscal year.

INR pares initial losses and settles largely unchanged

The Indian rupee was largely flat and settled almost unchanged at Rs 95.43 per dollar, down just 2 paise on Wednesday, amid likely intervention from the Reserve Bank of India (RBI) to curb excessive volatility and prevent a further slide in the domestic unit. Rupee pared its initial losses as crude oil prices and the US dollar index retreated from their elevated levels. Indian shares gave up early gains to end little changed on Wednesday as investors weighed rising U.S.-Iran tensions and awaited key U.S. inflation data later in the day for fresh insights into market expectations for future interest rates in the face of rising energy-driven inflation risks. The BSE Sensex ended the day at 73,983.18, up by 64.42 points (0.09%), while the NSE Nifty 50 settled at 23,214.95, slipping by 27.15 points (-0.12%).

Zia Mody On Building India's Top Law Firm, Billion-Dollar Deals & The Future of Law

INR depreciates further to one-week low as oil stays elevated amid Middle East turmoil

The Indian rupee depreciated further in opening trades on Wednesday as oil prices stay elevated, driving fears of inflationary pressures in future. INR opened at Rs 95.43 per dollar and hit a low of 95.65 so far during the day. Yesterday, rupee fell 15 paise to close at 95.34 against the US dollar, as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Significant foreign fund outflows also weighed on the investor sentiments. Local equities continue to stay strained in early trades with BSE Sensex trading at 73,866.45, down by 783.39 points and NSE Nifty 50 trading at 23,247.90, down by 235.65 points.

After Zudio boom, Trent still has a long runway for growth: Noel Tata

Trent Chairman Noel Tata sees the retail firm in its early growth phase. He is confident of achieving ambitious revenue targets. The company plans to build distinct brands and take them to international markets. Trent's strategy focuses on a portfolio of brands catering to diverse customer needs. This approach will guide future expansion.

RIL announces AGM date on June 19; updates on Jio IPO in focus

Reliance Industries Ltd will hold its 49th annual general meeting on June 19, 2026. The company reported strong revenue and growth in its consumer businesses for the fiscal year. Investors anticipate updates on Reliance Jio IPO and new energy ventures. The meeting will cover the company's future investment plans and retail expansion.

DXY holds around 99 mark; US PCE inflation data in focus

The dollar index is holding around 99 mark but broad momentum stays downbeat as optimism grows over a possible peace deal between US and Iran. However, renewed tensions and ongoing uncertainty around the strategic Strait of Hormuz is likely to keep DXY supported. US military reportedly confirmed it launched self-defense strikes in southern Iran, while Irans Revolutionary Guard claimed it targeted an American F-35 fighter jet and several drones that had allegedly violated Iranian airspace. Off late, Middle East tensions had driven a safe-haven flight to the US Dollar while simultaneously spiking oil prices, which fuels sticky US inflation and forces the Federal Reserve to delay rate cuts. Investor now shift focus towards upcoming PCE inflation data for further clues on the Feds future policy direction. The dollar index that measures the greenback against a basket of currencies is quoting at 98.99, down 0.12% on the day.

The 90% vulnerability: Inside Ajoy Chawla’s masterplan to rewire Titan

A stellar quarter and ₹76,000 crore in annual revenue couldn’t save Titan from a brutal market crash. As gold tariffs rise and macro shocks hit Tanishq, can the retail giant successfully pivot to a diversified lifestyle future?