According to investment bankers, the momentum is visible with a host of companies preparing to enter the IPO space. A total of 56 companies have filed their documents with SEBI targeting to raise Rs 70,000 crore.

The cost of the veg thali increased due to a surge of 40 per cent, 36 per cent and 22 per cent on-year in prices of onion, tomato and potato, respectively, due to lower arrivals of onion and potato and low base of last fiscal for tomatoes, Crisil said.

The company’s board will next meet on April 6 to consider and approve the proposal for the issuance of equity shares or convertible securities on a preferential basis.

“Tesla would send a team from the US by late April to study sites for the plant, focusing on states with existing automotive hubs, including Maharashtra and Gujarat in the west and Tamil Nadu in the south,” said a report by the Financial Times.

After PSU banking industry and Life Insurance Corporation (LIC), it is now the turn of the PSU general insurers including Agriculture Insurance Company and GIC Re to finalise the wage negotiations with the government.

In the last 12 months, Rs 10.5 lakh crore has been raised by the industry from the capital markets.

Indian refiners are now refusing to take delivery of crude transported by Sovcomflot tankers in an evident bid to steer clear of any secondary sanction risk

"With the size of IndiGo, flying 100 million customers a year, we have different segments, from a lot of first-time fliers to frequent fliers...we have India on board our aircraft with all its diversity and variety, and once certain market segments will have a critical mass, we will evaluate our products," CEO Pieter Elbers said.

This comes in the backdrop of major supply chain reset following the pandemic and the Russia-Ukraine war that had sent food and fuel prices to record highs.

According to Deutsche Bank’s Das, the RBI is expected to keep its FY25 CPI inflation forecast unchanged at 4.5%, while the next fiscal year's growth forecast could be raised to 7.4% from the current 7%.

Net tax revenue turned negative during February primarily on account of a contraction in corporate tax revenue and due to the impact of transfer of tax devolution instalments to states, economists said.

“The funds infusion will be instrumental in enhancing conclusively to accomplish the capacity of 140 million tonnes per annum by 2028 by the cement vertical,” Ambuja Cements said in filing to exchanges.

“On the first day, 63 members participated in this optional segment. As many as 41 members traded in 10 scrips and placed a total of 329 orders which resulted into 90 trades,” the BSE said in a release.

India’s natural gas consumption, and consequently imports, had been on a growth trajectory till FY20, with the government’s push to increase the share of the fuel in the country’s primary energy mix to 15 per cent by 2030 from a little over 6 per cent.

This comes close on the heels of major shipping disruption such as the Red Sea crisis and the drought in the Panama Canal that has already hit over one-third of the global goods trade at a time when WTO has predicted weak upward momentum in trade in 2024.

Mahan Energen Ltd (MEL), a wholly owned subsidiary of Adani Power Ltd, has agreed to allot five crore equity shares of face value of Rs 10 each of MEL to RIL at par.

In December last year, the RBI directed banks, NBFCs and other lenders not to invest in any scheme of alternative investment funds (AIFs) which has downstream investments in a debtor company.

The domestic currency fell to a low of 83.45 against the greenback during the intraday trades. The rupee opened at 83.33 compared to the previous close of 83.29 against the dollar.

US sanctions on Russia’s state-owned shipping major Sovcomflot

"India's regulator has underscored its commitment to strengthening the financial sector. But the increased regulatory risk could impede growth and raise the cost of capital for financial institutions,” said Geeta Chugh credit analyst S&P Global in a report on Tuesday.

In February, the Federation of Indian Airlines (FIA), which comprises IndiGo, Air India, and SpiceJet—had written to the DGCA seeking postponement of the new rules by a year.

Current account deficit is the difference between exports and imports of goods and services. It is a key indicator of the country's external sector.

The move by Kerala late last year to opt out of the Centre's scheme comes at a time when this growing frenzy across states to push the smart metering of electricity connections is almost entirely predicated on the assumption that this technology will solve the problems besetting the country's electricity distribution sector

GTRI said that the imports could go up primarily as Chinese EVs are facing anti-subsidy investigations in the large markets such as the European Union and the US.