Metal shares experienced a significant decline on Friday, with the Nifty Metal index dropping 6.6%. Concerns about a potential global trade slowdown due to US tariffs on Indian imports and other countries diverting exports to India were the main reasons. Experts advise caution in the sector until the situation becomes clearer, with domestic-focused companies potentially better positioned.
Sebi proposes to relax limits for approval, disclosure of related-party transactions
India’s markets regulator has proposed relaxing the threshold for which companies need to seek shareholder approval for related-party transactions though a system based on the
August 4, 2025