Saturday, June 20

Business

Record ₹76,000 Crore Invested in Indian Real Estate in 2025: Domestic Investors Lead the Surge
Business

Record ₹76,000 Crore Invested in Indian Real Estate in 2025: Domestic Investors Lead the Surge

New Delhi: The Indian real estate sector witnessed a historic surge in institutional investment in 2025, with inflows reaching $8.5 billion (approximately ₹76,000 crore)—a record high. According to a report by Colliers India, this marks a 29% increase over the previous year, fueled by large year-end deals and growing participation from domestic investors. The trend reflects investors’ confidence in India as a stable destination amid improving global economic conditions and a resilient domestic economy. Domestic Investors Take the LeadA key feature of 2025 was the dominance of domestic institutional investors, who contributed $4.8 billion, more than double their investment in 2024, accounting for 57% of total inflows. Colliers India CEO Badal Yagnik highlighted that this demonstrates inc...
Trump’s Threat Sends Indian Stock Markets Tumbling: Sensex Falls 376 Points, Reliance & Trent Lead Losses
Business

Trump’s Threat Sends Indian Stock Markets Tumbling: Sensex Falls 376 Points, Reliance & Trent Lead Losses

New Delhi: Indian equity markets faced sharp declines for the second consecutive day amid geopolitical concerns. The BSE Sensex fell 376.28 points (0.42%), closing at 85,063.34, while the Nifty 50 dropped 71.60 points (0.27%) to settle at 26,178.70. Major losses were seen in Reliance Industries, Trent, HDFC Bank, and Infosys. Reliance shares plunged nearly 5% during the trading session, wiping ₹1 lakh crore off its market capitalization—the steepest intraday fall since June 24, 2024. Among Nifty constituents, Trent, Reliance, and Tata Motors Passenger Vehicle shares suffered the largest declines. Conversely, Apollo Hospitals, Bajaj Auto, and ICICI Bank were among the top gainers. Sector Performance: Decliners: Nifty Oil & Gas, Nifty Chemicals Gainers: Nifty Financial Servi...
Venezuela Crisis Sparks Cryptocurrency Surge: Bitcoin Crosses $94,000, Ripple Jumps 11%
Business

Venezuela Crisis Sparks Cryptocurrency Surge: Bitcoin Crosses $94,000, Ripple Jumps 11%

New Delhi: The ongoing crisis in Venezuela is sending ripples through global cryptocurrency markets. On Tuesday, nearly all major cryptocurrencies saw significant gains, with Bitcoin soaring past $94,000, reaching levels not seen in almost a month. By 3 PM IST, Bitcoin was trading at $93,504, marking a gain of over 1% in the past 24 hours. Other cryptocurrencies also witnessed sharp movements: Ethereum rose over 2%, Ripple (XRP) surged nearly 10%, and Solana gained more than 2%. However, some tokens, like Canton, which delivered nearly 50% returns over the past week, faced a 4% decline in the 24-hour period. The overall crypto market capitalization climbed over 1.5%, reaching $3.20 trillion. Reasons Behind the RallyDelta Exchange research analyst Ria Sehgal attributed the surge to ye...
CCI Alleges Steel Price-Fixing by Tata, JSW, SAIL and 25 Other Companies
Business

CCI Alleges Steel Price-Fixing by Tata, JSW, SAIL and 25 Other Companies

New Delhi: India’s Competition Commission (CCI) has accused Tata Steel, JSW Steel, state-run Steel Authority of India Limited (SAIL), and 25 other companies of colluding to fix steel prices, violating competition law. The revelation, reported by Reuters citing a confidential document, could lead to hefty fines for the companies and their top executives. Executives ImplicatedAccording to the report, 56 senior officials—including JSW billionaire MD Sajjan Jindal, Tata Steel CEO T.V. Narendran, and four former presidents of SAIL—were found responsible for manipulating steel prices at different times between 2015 and 2023. The findings are part of a CCI order dated 6 October, which had not been made public until now. JSW Steel declined to comment, while Tata Steel, SAIL, and the executives ...
Adani Enterprises’ NCD Oversubscribed in Just 45 Minutes
Business

Adani Enterprises’ NCD Oversubscribed in Just 45 Minutes

New Delhi: Investors snapped up Adani Enterprises’ non-convertible debenture (NCD) public issue within minutes, signaling strong demand for high-rated corporate debt at the start of 2026. The ₹1,000 crore NCD issue was fully subscribed in just 45 minutes, with the initial ₹500 crore base tranche taken up in only 10 minutes. Adani Enterprises, the flagship company of India’s third-largest industrial group, launched the NCD public issue on 6 January at 10:21 AM. Bids poured in immediately for the secured NCD offer, and total subscriptions reached ₹1,000 crore in under an hour. The issue, originally open until 19 January with a “first come, first served” allotment, was fully taken up far ahead of schedule. Subscription DetailsAccording to data released by the company, non-institutional ...
India Set to Redefine Economic Measurement: GDP May Give Way to NDP
Business

India Set to Redefine Economic Measurement: GDP May Give Way to NDP

New Delhi: India is preparing for a major shift in how it measures its economic performance. Traditionally, the country has relied on Gross Domestic Product (GDP) as the primary indicator of economic health. Now, the government is considering giving greater importance to Net Domestic Product (NDP), a measure that accounts for depreciation of assets and depletion of natural resources, under the United Nations’ System of National Accounts (SNA) 2025 framework. Why NDP?According to the Economic Times, SNA 2025 regards NDP as “conceptually superior” to gross measures like GDP. Unlike GDP, which measures total production, NDP deducts the value lost due to wear and tear of fixed assets (depreciation) and the consumption of natural resources (resource depletion). This provides a more accurate ...
Multibagger Alert: Cupid Shares Soar 11%, 6-Month Investment Quadruples
Business

Multibagger Alert: Cupid Shares Soar 11%, 6-Month Investment Quadruples

New Delhi: Shares of Cupid Limited, a leading manufacturer of condoms, water-based lubricants, and IVD kits, surged as much as 11% on Tuesday, giving investors spectacular returns over the past six months. Intraday, the stock touched ₹433, rebounding strongly after a sharp fall over the last two trading sessions. Cupid’s shares have delivered phenomenal growth in recent months. A six-month investment of ₹1 lakh in the stock would have grown to nearly ₹4 lakh today—a 300% gain. Over the past year, the stock has skyrocketed more than 400%, turning ₹1 lakh into ₹5.32 lakh. This performance cements Cupid’s status as a multibagger in the Indian market. Tuesday’s RallyAt 12:30 PM on BSE, Cupid shares were trading at ₹423.95, up 8.68%. The sharp recovery follows recent heavy losses, where t...
Trump’s Threat Sends Shockwaves Through Indian Markets: Sensex Drops Over 500 Points, Reliance and Trent Lead Losses
Business

Trump’s Threat Sends Shockwaves Through Indian Markets: Sensex Drops Over 500 Points, Reliance and Trent Lead Losses

New Delhi: Domestic stock markets witnessed a sharp decline for the second consecutive day, triggered by concerns over potential U.S. tariffs on Indian imports. During the trading session, the BSE Sensex fell more than 500 points, while the Nifty lost around 100 points. Shares of Reliance, Trent, HDFC Bank, and Infosys bore the brunt of the fall. At 2:23 PM, the Sensex was down 525.72 points, or 0.62%, at 84,913.90, while the Nifty on the National Stock Exchange (NSE) traded 123.25 points lower, down 0.47%, at 26,127.05. Reliance Industries, India’s most valuable company, saw its shares fall nearly 5%, wiping out approximately ₹1 lakh crore from its market capitalization. Sector and Stock MoversAmong Nifty constituents, Trent, Reliance, and Tata Motors Passenger Vehicles saw the stee...
₹1 Lakh Crore Wiped Out! Reliance Clarifies, Shares Fall 5%
Business

₹1 Lakh Crore Wiped Out! Reliance Clarifies, Shares Fall 5%

New Delhi: Shares of India and Asia’s wealthiest industrialist Mukesh Ambani’s Reliance Industries Limited (RIL) tumbled over 5% today, erasing nearly ₹1 lakh crore from the company’s market capitalization. The sudden drop followed a Bloomberg report claiming that three Russian oil tankers were en route to Reliance’s Jamnagar refinery—a claim the company has strongly denied. On the Bombay Stock Exchange (BSE), RIL shares fell sharply to ₹1,497.05 from Monday’s close of ₹1,577.45. The stock opened at ₹1,575.55, but selling pressure remained high throughout the trading session, with volumes surging significantly. Company ResponseIn a statement, Reliance clarified that it does not expect any deliveries of crude oil from Russia in January and has not received any cargoes in the past thre...
Red Metal on the Rise: Copper Surpasses $13,000 per Ton, Challenges Gold and Silver
Business

Red Metal on the Rise: Copper Surpasses $13,000 per Ton, Challenges Gold and Silver

New Delhi: Copper, the red metal, is sending shockwaves through the precious metals market. On Monday, copper prices soared past the $13,000-per-ton mark—a historic high—driven by strong demand and supply concerns. Analysts are now wondering whether copper could outpace gold and silver in returns in 2026. On the London Metal Exchange, benchmark copper surged up to 4.7%, continuing a nearly 20% rally since mid-November. According to Bloomberg, this spike reflects growing worries over supply shortages, as traders and investors respond to robust U.S. demand and potential import tariffs. Impact on Consumer GoodsThe rising copper prices are expected to push up the cost of everyday appliances such as air conditioners, mixer grinders, and cookware, as the metal is a key component in electri...