Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Coal gasification key to build long-term resilience against global energy shocks: Experts
India needs to boost its domestic coal gasification capabilities. This will build resilience against global energy shocks and achieve economic self-reliance. Coal gasification converts dry fuel into syngas, an alternative fuel that reduces carbon emissions. Experts highlight its strategic importance for energy security and import substitution. This initiative aims to strengthen India's position in critical sectors like energy and fertilizers.
India, Russia in advanced talks on critical minerals pact, sources say
India and Russia are nearing a critical minerals deal. The agreement will cover exploration, processing, and technology for vital resources like lithium and rare earths. This move aims to reduce India's reliance on China. Corporate investments will also be facilitated.
Reliance Industries Ltd slips for fifth straight session
Reliance Industries Ltd is quoting at Rs 1377.3, down 0.79% on the day as on 13:19 IST on the NSE. The stock tumbled 2.71% in last one year as compared to a 4.21% slide in NIFTY and a 15.52% spurt in the Nifty Energy index.
Lockdown in India? Oil Minister Hardeep Singh Puri reacts amid PM Modi's 'save petrol, diesel' appeal
Amidst West Asia conflict and Prime Minister Modi's appeal for fuel conservation, Oil Minister Hardeep Singh Puri stated there are no plans for a lockdown. LPG production has been significantly increased, and the government is urging citizens to adopt measures like work from home and reduce consumption of gold and foreign travel to save foreign exchange and foster self-reliance.
stock insights hdfc bank reliance market strategy - Zee Business
stock insights hdfc bank reliance market strategyZee Business
Can Reliance Jio's fresh-issue play restore faith in India's billion-dollar IPOs?
Reliance Jio may change its IPO plan. Instead of existing investors selling shares, it could be a fresh issue. This means money goes directly into Jio Platforms for debt reduction and expansion. This move could restore investor faith in large Indian IPOs. It might set a new standard for future mega listings. The market will watch this development closely.
Ambani’s Cola war with Coke, Pepsi spurs fridge bonanza in India
India’s cola war between Reliance’s Campa Cola, Coca-Cola and PepsiCo is unexpectedly boosting sales of commercial refrigerators, as beverage giants aggressively install coolers across small retail stores to expand market share.
Bullion industry proposes plan to turn India's idle gold into working capital
India's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and limiting the use of imported gold to jewellery exports. Jewellers are being asked to participate in gold monetisation programs. These initiatives aim to reduce the country's reliance on imported gold and improve the balance of payments.
Petrol, diesel and LPG prices likely to rise as India braces for long period of high oil prices: Taneja
India may have to brace for higher fuel costs and slower overseas travel demand as the government signals the need to curb import dependence amid rising crude oil prices triggered by the West Asia conflict. Experts say the crisis could also accelerate India’s push towards domestic manufacturing and technology self-reliance.
Jio IPO: Reliance Considering To Offer Only New Shares, Without Selldowns By Existing Holders
A Reliance Jio Infocomm Ltd. store in New Delhi.
Ambani's Reliance Jio: Businesses and investors of the IPO-bound firm
Reliance Jio Platforms, owned by billionaire Mukesh Ambani, is preparing to seek approvals for a Mumbai IPO that could become India’s biggest stock market listing. Reuters reported the offering may raise up to $4 billion, though timelines were delayed due to weaker IPO sentiment after tensions in West Asia.
Reliance reworks Jio IPO into fresh issue to avoid pricing clash, ET reports - Investing.com India
Reliance reworks Jio IPO into fresh issue to avoid pricing clash, ET reportsInvesting.com India