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Subscribe to enjoy similar stories. MUMBAI : Automobile and ancillary sectors remain caught in the FII-selling storm that has been ravaging Indian stock markets for over six months. Foreign Institutional Investors (FIIs) continued selling automobile and auto component stocks for the seventh month in February by offloading shares worth $454 million.

This data, sourced from a survey by myBiz, the SaaS-based corporate booking platform of MakeMyTrip, sheds light on gender representation in corporate travel. The analysis, which covers flight bookings made by nearly 3,000 corporate clients with more than 200 employees and an annual travel expenditure exceeding ₹1 crore, reveals valuable insights into corporate travel trends across sectors and cities.

Subscribe to enjoy similar stories. Uncertainty around tariff policy has weighed on consumer and business confidence in recent months, yet other indicators may prove better predictors of whether the U.S.

Subscribe to enjoy similar stories. In the midst of a bear market characterized by uncertainty, traditional trading strategies are proving ineffective. It is time for market participants to rethink their approach.

inflation is expected to decline to 2 per cent in February 2025 from 2.3 per cent in January, primarily due to a drop in oil prices and a seasonal decline in food prices, according to a report by Union Bank of India. The report highlighted that the moderation in WPI inflation is largely driven by a fall in vegetable prices, which is a key component of food inflation. It said «Wholesale Price Index (WPI) is expected to moderate to 2.0 per cent (y/y) in Feb'25, low from 2.3 per cent in previous month, due to cooling in oil prices and seasonal drop in food prices». Within food, vegetable prices are estimated to have dropped by 12 per cent month-on-month. However, edible oil prices saw a slight increase during the month. Additionally, manufactured food prices remained stable as the prices of key inputs like sugar and edible oil showed only a mild rise. The report also added that the fuel index, which tracks price changes in petroleum products, is expected to remain in the negative zone in February. This decline follows a slight increase in the past two months.

Union Bank of India. However, the report also noted that the geopolitical risks, especially concerns over tariffs, will continue to influence trade dynamics. It said "Merchandise trade deficit likely narrowed in Feb'25 to USD 21.5 bln vis-a-vis USD 23.0 bln a month ago". The report suggested that the reduction in the merchandise trade deficit was mainly driven by a moderation in the Non-Oil-Non-Gold (NONG) segment, supported by seasonal factors during the quarter. Despite this improvement, the report added that the extent of recovery in trade balance may be limited due to growing concerns over new trade restrictions and tariff increases following the change in the U.S. administration.

Subscribe to enjoy similar stories. Top stock recommendations by MarketSmith India for 12 MarchTrent Ltd: Current market price: ₹4,995.45 | Buy range: ₹4,850–5,050 | Profit goal: ₹6,200 | Stop loss: ₹4,650| Timeframe: 1–2 months Coal India: Current market price: ₹379.05 | Buy range: ₹370–382 | Profit goal: ₹430 | Stop loss: ₹349 | Timeframe: 1–2 months Also Read: Investing 101: How to identify a fraud company Hindalco: Buy at ₹695.50 | Target ₹740-750 | Stop loss ₹676 On the daily chart, the stock is showing bullish momentum. The RSI is above 60, indicating strong buying pressure.

Subscribe to enjoy similar stories. Buy at ₹695.50 | Target ₹740-750 | Stop loss ₹676 On the daily chart, the stock is showing bullish momentum. The RSI is above 60, indicating strong buying pressure.

Subscribe to enjoy similar stories. India's benchmark index, Nifty 50, stayed strong despite the global market concerns and ended on a flat note in Tuesday's trading session. Taking cues from the global market, the indices opened with a gap down at 22,345 after recession fears triggered a sell-off in the US and Asian markets.

Reliance Jio and Bharti Airtel were the only telecom operators to see net subscriber additions in December, while state-run Bharat Sanchar Nigam Ltd (BSNL) and cash-strapped Vodafone Idea (Vi) continued losing subscribers, showed data issued by the Telecom Regulatory Authority of India (Trai) on Tuesday. Jio added 3.9 million customers in December, while Bharti Airtel reversed its trend of customer loss to add 1.03 million wireless subscribers, the data showed. In the same period, Vi lost 1.7 million users, while BSNL's subscriber base declined by 0.32 million (320,000) after three straight months of subscriber additions till October after tariff hikes by private telcos.

economic inequality through equitable redistribution, 'freebies' in the form of schemes have become a competitive tactic to secure votes, often at the expense of fiscal prudence. Take Maharashtra. The government's pre-poll giveaways have pushed state debt to a record ₹9.3 lakh cr, and widened revenue deficit to ₹45,891 cr for 2025-26.

revenue growth of top 100 large and liquid companies listed on the Bombay Stock Exchange (BSE) slowed to a third last calendar year compared with 2023, even as their rates of net profit expansion surged five times, reflecting the evident success of cost control initiatives. The financial performance by BSE100, a broad representation of the Indian equity market beyond the Sensex, revealed a sharp slowdown across manufacturing, services and consumer companies, showed ETIG compiled data. Revenues of these companies climbed 9% while net profit rose 32% in 2024, compared with 25% increase in sales and 7% rise in profits during 2023. «It is largely due to a slowdown in the overall consumption segment as well as oil, gas and steel businesses, where prices essentially remained benign and hurt value growth,» said Madan Sabnavis, chief economist, Bank of Baroda. «If BFSI is excluded, the overall growth will moderate even further. While profit was higher, it was largely due to high base effect, cost control by companies that include cost of production, and marginal salary hikes.» Sabnavis expects better aggregate performance from this set of companies next year.

global investors such as SoftBank and Tiger Global remained cautious, ToI reported. Instead of making fresh bets, they largely focused on smaller follow-on investments in their existing portfolio companies, significantly slowing capital deployment. According to a report by Bain & Company and the Indian Venture and Alternate Capital Association (IVCA), this represents a 33% decline from the $4 billion raised in 2023.

Subscribe to enjoy similar stories. India’s consumption landscape has undergone a significant transformation over the last two decades, influenced by shifts in income distribution, economic shocks and changes in spending behaviour. Data from PRICE’s ICE 360 pan-India household survey provide a detailed account of these trends, shedding light on the financial resilience of different income groups and the impact of events such as the pandemic.

Kajol Devgan has purchased commercial retail space spread over 4,365 sq ft on the ground floor of a residential tower in Mumbai’s western suburb of Goregaon for over Rs 28.78 crore. The deal registered on March 6 values the commercial space at Rs 65,940 per sq ft. The purchase reflects a trend among high-net-worth individuals and celebrities investing in commercial real estate for stable rental yields and long-term capital appreciation. The transaction also includes stamp duty charges of approximately Rs 1.72 crore, and the agreement grants Kajol Devgan exclusive access to four designated car parking spaces, showed the documents accessed through IndexTap.com.

FanCode, the official broadcaster of Formula 1 in India, will stream all F1 races in Hindi and select regional languages for the first time, aiming to make the sport more accessible to a wider audience. This move aligns with a growing trend among sports broadcasters in India, where regional commentary options are being expanded to attract more viewers. Broadcasters like Star Sports have introduced dedicated channels in southern languages, and major sporting events such as the IPL now offer streaming in multiple regional languages ranging from Bhojpuri to Tamil. However, this shift comes amid political debates over language preferences, with Tamil Nadu Chief Minister MK Stalin recently raising concerns about the imposition of Hindi. FanCode will offer Sky Sports’ F1 coverage, including pre- and post-race analysis through popular shows such as The F1 Show, Ted’s Notebook, Ted’s Qualifying Notebook, and The Chequered Flag. Indian fans will have the option to access the entire F1 season for ₹899, while a race weekend pass is available for those looking for one-time viewing.

Pi Network, once celebrated as a revolutionary cryptocurrency project, is now facing intense criticism from its own community. Pioneers—the network’s early adopters—are voicing concerns over the difficult process of transferring their mined Pi Coins (PI) to the Mainnet before the looming March 14 deadline. The network has set 8:00 AM UTC as the final cutoff for Know Your Customer (KYC) verification and migration. Users who fail to meet this deadline risk losing the majority of their Pi holdings, except for those mined in the last six months. While the team introduced a Grace Period to ease the transition, many are still battling technical issues that prevent them from migrating their balances. “I have completed KYC and followed the Mainnet checklist, yet my balance remains unverified,” one user complained on social media. Another stated, “I’ve filed a support ticket weeks ago, but no response from the Pi Network team.” Crypto analysts have also weighed in, with many calling for an extension of the deadline until all technical glitches are resolved. Others have gone further, accusing the Pi Network team of being unresponsive and raising doubts about the project’s long-term viability.

Amazon India has partnered with Youth4Jobs Foundation to support women sellers with disabilities by providing essential resources, tools, and training to succeed in the digital e-commerce ecosystem. Under the partnership, Amazon Saheli programme will conduct workshops and provide onboarding and account management support for these women sellers, according to a company statement. The alliance aims to bridge the gap between talented women with disabilities and wider market opportunities, and help them leverage the Amazon platform to grow their business online, it said. The women sellers will get hands-on training in digital marketing, performance marketing, product listing optimisation, and advertising solutions to help them establish a robust online business.

IPO (Initial Public Offering) market, achieving unprecedented milestones in terms of funds raised, investor participation, and listing activity. With a record haul of $20.5bn (approx Rs 1.6 lakh crore) raised, India has surpassed its previous high of Rs 1.18 lakh crore in 2021, becoming the second-largest IPO market globally after the United States. October 2024 was a standout month, with Rs 38,700 crore raised — the highest ever for any single month in Indian history. This included blockbuster IPOs like Hyundai Motor and Waaree Energies, with Hyundai’s offering alone raising Rs 27,870 crore – India’s biggest to date. Despite market volatility, the Indian IPO Market is set to maintain strong momentum in 2025, with several marquee names gearing up for public listings.

Subscribe to enjoy similar stories. There may be a silver lining in the official weather agency’s warning of a more intense summer this year. Products such as air conditioners, coolers, and beverages could see particularly strong sales because of above-normal temperatures, providing relief for consumer-focused companies amid the ongoing slowdown in India’s urban consumption.

Sri Nachammai(up 16.96%), Kreon Financial(up 16.47%) and Pasupati Acrylon(up 15.49%) were among the stocks that surged over 15%.