Market Updates
Govt Proposes Global Benchmarking of Iron Ore Prices to Curb Underreporting
In a move aimed at tightening pricing transparency and boosting state revenues, the Ministry of Mines has proposed benchmarking domestic iron ore prices...
JSW Cement Looks at Launching ₹4,000 Crore IPO in July: What Investors Should Know
JSW Cement is gearing up to launch its much-anticipated ₹4,000 crore initial public offering (IPO) in July 2025, according to recent reports and...
Magicpin’s Logistics Arm ‘MagicFleet’ Hits 1 Million Monthly Deliveries, Eyes Doubling by FY26
In less than a year since its launch, MagicFleet, the logistics arm of local discovery and commerce platform Magicpin, has crossed a major...
India’s Steel Imports Expected to Halve in FY26 After Safeguard Duty
India’s steel imports could fall by 50% in FY 2025-26 following the imposition of a 12% safeguard duty, said Steel Ministry Secretary Sandeep...
Early Monsoon, Weak H1 Cast Shadow on Cement Demand Outlook: Ind-Ra
India’s cement sector may face headwinds in June due to the early onset of monsoon, according to a fresh report by India Ratings...
Reliance Offloads ₹7,703 Cr Worth of Asian Paints Shares; Retains 87 Lakh Shares
In a major market move, Reliance Industries Ltd (RIL) announced on Wednesday that it has sold 3.5 crore equity shares of Asian Paints...
Bengaluru Sees 79% Spike in Housing Prices in 5 Years; Mumbai Remains Costliest Market
Residential property prices across major Indian cities have surged 48% on average over the last five years, with Bengaluru leading the charge at...
The Wealth Company Unveils ₹2,000-Cr Bharat Bhoomi Fund for Real Estate Investments
The Wealth Company Asset Management, a Pantomath Group entity, has seeded the Bharat Bhoomi Fund — an ₹2,000-crore real estate thematic Category II...
JSW Steel Sees 8% Rise in Crude Steel Output in May, Logs 13% Growth YTD
JSW Steel Limited reported a consolidated year-on-year growth of 8% in its crude steel production for May 2025 to 2.273 million metric tonnes...
Over 200 PGs Shut in Bengaluru Amid Tightened Norms, Sector Faces 30% Losses
Bengaluru’s earlier flourishing paying guest (PG) accommodation business is in a fix, with more than 200 units closed down and owners citing losses...
