NCDEX to Launch India's First Weather Derivatives Contract RAINMUMBAI
NCDEX launches RAINMUMBAI, India's first exchange-traded weather derivatives on May 29, 2026, to help manage monsoon risk with SEBI approval and IIT Bombay collaboration.
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NCDEX launches RAINMUMBAI, India's first exchange-traded weather derivatives on May 29, 2026, to help manage monsoon risk with SEBI approval and IIT Bombay collaboration.
India's private sector growth eased in May 2025, with HSBC Flash PMI at 58.1. Manufacturing slowed but services picked up. Input costs rose at fastest rate since July 2022.
Adani Ports signs deal to acquire Jaypee Fertilizers & Industries for Rs 1,500 crore under JAL resolution plan, boosting inland logistics in north India.
Sensex gains 414 points, Nifty up 190 as US tech rally and trade optimism boost Indian equity markets. Key support at 23,500.
Sensex jumps 627 pts, Nifty up 200 pts as Iran reviews peace proposal. Realty, cement lead gains; VIX falls 4%.
Adani Power acquires 24% stake in Jaiprakash Power Ventures and 180 MW Churk plant for Rs 4,194 crore under NCLT-approved resolution plan.
Fresher hiring in India's marketing sector rises to 62% in 2026, driven by AI, analytics, and digital operations roles, says TeamLease EdTech report.
Bolt CEO Ryan Breslow defends eliminating the HR department, claiming it created problems. The fintech startup shifts to a leaner "people operations" team.
India's R&D spend at 0.6-0.7% of GDP is hindering manufacturing growth, with sector share declining. CareEdge calls for 2% GDP target by 2035.
Eurobank S.A. launches Mumbai office to help high net-worth Indians invest in Europe, focusing on cross-border transactions, advisory, and family offices.
Gold loans jump 50.4% YoY to Rs 18.6 lakh crore, becoming the second-largest retail lending product. Home loans and personal loans also grow steadily.
NSE IX CEO Balasubramaniam Venkataramani says secondary trading launch depends on depository connects. First foreign equity listing by Ellinas Finance marks milestone.
Ola Electric turns operating cash flow positive in Q4 FY26 at Rs 91 crore, expects orders to double in Q1 FY27 to 45,000 units, driven by improved service and margins.
Maharashtra tops passenger and commercial vehicle sales, while Uttar Pradesh leads two-wheeler and three-wheeler markets in FY26, per SIAM data. Rural mobility and infrastructure drive demand.
Lenskart's Q4 net profit dips 9% to Rs 200 crore, but revenue jumps 46% to Rs 2,516 crore. Strong same-store growth and expansion drive performance.
ICRA report says cement sector margins may drop 10-15% in 2026-27 due to higher power, fuel costs from West Asia tensions. Prices expected to rise 3-5%.
Indian indices recover all losses in final hour. Nifty closes at 23,659, Sensex at 75,318. Oil & gas and auto stocks lead gains.
India's retail lending portfolio hits Rs 170.2 lakh crore, growing 16.6% YoY. Gold loans surge 50.4%, while personal and consumer durable loans also rise.
BPCL raises Russian crude imports to 41% from 31%; supply secured till July 2026. Company diversifies sourcing from US, Venezuela, and Brazil.
Fresher hiring intent in India's marketing sector surged to 62% in H1 2026, driven by demand for analytics, AI, and digital roles, says TeamLease EdTech report.