Private sector growth hits 3.5-year low in March

India’s private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand and output. While international sales reached a record high, rising input costs, including oil and energy, intensified inflationary pressures.

CoinDCX promoters get bail in alleged cheating case

CoinDCX’s co-founders were granted bail after a court found no prima facie case against them. The company stated the arrests stemmed from a fraudulent website impersonating CoinDCX, with unknown actors deceiving a complainant. CoinDCX emphasized its official platform is .pro and that it was also a victim of this impersonation scam.

HDFC Bank a “screaming buy” amid uncertainty: Sameer Dalal

Market expert Sameer Dalal views HDFC Bank as a ‘screaming buy’ despite current market jitters and governance concerns. He believes the bank’s current valuation offers a significant discount, and anticipates growth acceleration as India’s economy recovers, making it a long-term opportunity.

Vedanta shares jump 3% after company announces Rs 11 interim dividend

Vedanta shares saw a nearly 3% surge after the board approved a third interim dividend of Rs 11 per equity share, amounting to Rs 4,300 crore. This move comes despite recent stock declines due to a Supreme Court ruling on diesel procurement and a challenge to Adani Group’s acquisition bid. The company remains a popular […]

No quick end to conflict, global markets to stay on edge: Adrian Mowat

Global markets are experiencing volatility due to shifting geopolitical developments, particularly concerning the US and Iran. Oil prices have surged, reflecting supply disruption fears, while India faces risks from oil costs and AI’s impact on its IT sector. Bond markets are also adjusting to potential US rate hikes.