India’s top automakers are significantly boosting production by 20-40% following a sharp revival in vehicle demand, attributed to recent GST cuts and strong festive season sales. Maruti Suzuki, Hyundai, and Tata Motors are increasing output to meet a surge in orders and depleted dealership stocks, with projections indicating continued growth into next year.
A sustained surge in gold prices could signal a bullish period for the Indian stock market, according to JM Financial. Historical trends reveal that a dip in the Nifty/gold ratio, often following gold’s ascent, has historically preceded significant equity gains within a year. This pattern, observed over three decades, suggests a positive outlook for domestic…
Gold and silver prices surged on Thursday, buoyed by positive global sentiment and renewed safe-haven demand following the US government shutdown’s end. Both precious metals saw significant gains on the MCX and in international markets. Analysts point to increased investor confidence in potential Federal Reserve easing and the US designating metals as critical as drivers…
China’s ports are overflowing with soybeans. This surge follows record imports and presents a challenge for US exporters. Despite a new trade deal with fresh purchase commitments, weak processing margins and cheaper South American supplies are slowing demand for US beans. State firms are reportedly waiting for better margins before making large purchases. This situation…
India will be the fastest growing major global economy, with Moody’s forecasting a strong 6.5% expansion through 2027. This resilience comes despite US tariffs, as Indian exporters successfully diversify markets.
India’s new Export Promotion Mission, approved with ₹25,060 crore over six years, aims to boost exports by supporting MSMEs and offering non-financial aid. However, experts warn of implementation delays due to its conceptual stage, pending digital platforms, and insufficient annual funding. Effective execution hinges on interdepartmental coordination and more resources.
Donald Trump proposed issuing $2,000 rebate checks to Americans, funded by tariffs, to address affordability concerns. While the Treasury reports significant tariff revenue, economists highlight that costs are passed to consumers, and the proposed payout exceeds current collections. The plan faces legal, political, and economic hurdles, including potential Supreme Court challenges and inflation risks.
The American penny’s 200-year run has ended as the US Mint halts production due to high manufacturing costs. While existing pennies remain legal tender, retailers face challenges managing prices and payments, leading to rounding practices that may cause confusion and financial implications for consumers and businesses alike.
Groww’s parent company, Billionbrains Garage Venture, is nearing a Rs 1 lakh crore market cap after a strong stock market debut. Shares surged post-listing, rewarding IPO investors with significant returns. Experts see Groww as a proxy for India’s expanding capital market.
Mahindra & Mahindra and Canada’s Manulife are forming a 50:50 joint venture to enter India’s life insurance sector, committing up to Rs 3,600 crore over ten years. This strategic alliance aims to leverage Mahindra’s extensive rural distribution network and Manulife’s global insurance expertise to tap into India’s rapidly growing, yet underpenetrated, life insurance market.
