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Debaroti Adhikary

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PNB fraud co-accused Mehul Choksi arrested: Timeline of events since the scam was uncovered

BUSINESS

PNB fraud co-accused Mehul Choksi arrested: Timeline of events since the scam was uncovered

The 65-year-old businessman who is a prime accused in the Rs 13,000 crore Punjab National Bank (PNB) fraud is likely to be extradited to India.

Mehul Choksi arrested: Here's a list of Indian fugitives who were and weren't extradited

BUSINESS

Mehul Choksi arrested: Here's a list of Indian fugitives who were and weren't extradited

Nirav Modi and his uncle Mehul Choksi are the prime accused in a Rs 13,850-crore scam related to the Punjab National Bank (PNB). Nirav Modi continues to remain in a prison in London for the last six years

Trump tariff flip-flop: How Indian markets fared in April as compared to global peers

BUSINESS

Trump tariff flip-flop: How Indian markets fared in April as compared to global peers

India has emerged as one of the five most resilient major markets globally, falling less than 3.5 percent since US President Donald Trump announced reciprocal tariffs, marking a sign of investor confidence despite trade tensions.

Small, midcap indices jump up to 3% on US tariff reprieve: Here are the top gainers

BUSINESS

Small, midcap indices jump up to 3% on US tariff reprieve: Here are the top gainers

On April 11, Sensex gained over 1,300 points, while Nifty jumped nearly 2 percent. The sharp recovery in the benchmark indices also spilled over to the broader markets.

Investors cheer Trump's tariff pause: These are the top gaining spaces

BUSINESS

Investors cheer Trump's tariff pause: These are the top gaining spaces

Sensex surged over 1,300 points, while Nifty closed nearly 2 percent higher.

Pharma stocks rally on Trump's tariff pause, led by up to 7% surge in Laurus Labs, Granules, Cipla

BUSINESS

Pharma stocks rally on Trump's tariff pause, led by up to 7% surge in Laurus Labs, Granules, Cipla

The recent global tariff changes have added uncertainty to markets, but India is being seen as better-positioned, with money managers pointing at sectors like banking, pharma, and energy as attractive bets.

Nifty IT pares early gains as escalating US-China trade war weakens dollar, TCS in red post-Q4 results

BUSINESS

Nifty IT pares early gains as escalating US-China trade war weakens dollar, TCS in red post-Q4 results

The IT sector has been one of the worst-hit in this global market rout as these companies derive major portions of their revenue from the American market. The Nifty IT index crashed over 10 percent between April 2 and April 9.

These sectors may benefit tomorrow as Trump pauses reciprocal tariffs for 90 days

BUSINESS

These sectors may benefit tomorrow as Trump pauses reciprocal tariffs for 90 days

After Trump made his 'Liberation Day' announcement and unveiled 26 percent tariff on India, Indian stock markets strongly reacted, accompanying global peers.

FMCG's domestic focus attracts investors as Trump tariffs make markets volatile

BUSINESS

FMCG's domestic focus attracts investors as Trump tariffs make markets volatile

The FMCG sector's defensive nature and domestic demand makes it an attractive bet for investors amid times of uncertainties, especially at a time when the markets are turning volatile owing to US President Trump's reciprocal tariffs.

Delhivery shares down 9% in two days after acquisition of Ecom Express stake for Rs 1,400 crore

BUSINESS

Delhivery shares down 9% in two days after acquisition of Ecom Express stake for Rs 1,400 crore

Emkay Global said that despite the scale benefits which will be enjoyed by Delhivery post acquisition, there will be significant cost synergies which will have to be realized over the next 12-18 months.

Jio Financial shares rise 6% as top Nifty gainer on foray into loans against securities

BUSINESS

Jio Financial shares rise 6% as top Nifty gainer on foray into loans against securities

Customers will be able to leverage their investments like shares and mutual funds to avail loans of up to Rs 1 crore in just 10 minutes through the Jio Finance App.

Mazagon Dock's FY25 turnover rises 14%, declares 2nd interim dividend of Rs 3 per share for FY25

BUSINESS

Mazagon Dock's FY25 turnover rises 14%, declares 2nd interim dividend of Rs 3 per share for FY25

The record date to determine the eligibility of shareholders set to receive the payment has been set at April 16.

Metal index snaps three-day slump; Adani Enterprises, JSW Steel, others rise up to 6% on China stimulus hopes

BUSINESS

Metal index snaps three-day slump; Adani Enterprises, JSW Steel, others rise up to 6% on China stimulus hopes

Investors had sold off metal shares on worries over a possible US recession and the implications of a global trade war. However, reports of China considering a stimulus and the weakness in US dollar has likely helped metal stocks stage a recovery.

Nifty Bank attempts rebound after tariff turmoil and ahead of MPC outcome

BUSINESS

Nifty Bank attempts rebound after tariff turmoil and ahead of MPC outcome

The volatility seen around bank stocks also comes amid anticipation of a rate cut by RBI’s MPC, which is set to announce its decision on April 9.

DLF, Godrej Properties, other realty stocks crash up to 8% as Trump tariffs trigger US recession fears

BUSINESS

DLF, Godrej Properties, other realty stocks crash up to 8% as Trump tariffs trigger US recession fears

While US recession and inflationary pressure remain in sight following Trump's tariffs, few experts suggest that the effect may spill over to the global market

Banking shares drag Nifty Bank lower by 3% as Trump tariffs trigger recession fears

BUSINESS

Banking shares drag Nifty Bank lower by 3% as Trump tariffs trigger recession fears

ICICI Bank and HDFC Bank shares are down 3% each, contributing the most to the decline on Nifty Bank index.

Tata Steel tumbles 7%, Metal index down 7% as Trump tariff rattles Dalal Street

BUSINESS

Tata Steel tumbles 7%, Metal index down 7% as Trump tariff rattles Dalal Street

The fall in metal stocks is in-line with overall market weakness, after US President Trump's reciprocal tariffs and China's retaliation rattled global markets and triggered fears of a trade war.

HUDCO approves fund raise plan of up to Rs 65,000 crore for FY26, borrowing limit hiked to Rs 2.5 lakh crore

BUSINESS

HUDCO approves fund raise plan of up to Rs 65,000 crore for FY26, borrowing limit hiked to Rs 2.5 lakh crore

HUDCO had reported a 123 percent YoY jump in its loan disbursement to Rs 40,037 crore in FY25. Its loan sanctions meanwhile grew by over 55 percent to Rs 1.28 lakh crore.

Angel One, MCX, other capital market stocks plunge up to 5% as Trump tariffs reignite recession fears

BUSINESS

Angel One, MCX, other capital market stocks plunge up to 5% as Trump tariffs reignite recession fears

Global recession fears reduce the appeal of the equity markets, which are subject to volatility amid uncertainties.

Vedanta, JSW Steel, other metal stocks slide as Trump's tariffs reignite trade war fears

BUSINESS

Vedanta, JSW Steel, other metal stocks slide as Trump's tariffs reignite trade war fears

India runs the risk of dumping of steel products into the country after the US tariff imposition, along with concerns over the impact of tariffs on global demand.

IDFC First Bank, Poonawalla Fincorp shares rise up to 6% after firms' Q4 business updates

BUSINESS

IDFC First Bank, Poonawalla Fincorp shares rise up to 6% after firms' Q4 business updates

IDFC First Bank's loans and advances grew over 20 percent year-on-year to Rs 2.42 lakh crore, while customer deposits increased more than 25 percent YoY to Rs 2.43 lakh crore, as on March 31, 2025.

Godrej Properties shares surge 5% after firm sells Rs 2,000-crore homes at launch of luxury project in Noida

BUSINESS

Godrej Properties shares surge 5% after firm sells Rs 2,000-crore homes at launch of luxury project in Noida

Godrej Properties' project is located in Noida's Sector 44, which is one of the key micro markets in the city.

Retailers V-Mart, Baazar Style, V2 Retail surge up on strong business updates

BUSINESS

Retailers V-Mart, Baazar Style, V2 Retail surge up on strong business updates

Baazar Style, V-Mart and V2 Retail shared strong business updates, sending shares higher, with the positive sentiment rubbing off on other peers like Vishal Mega Mart and DMart as well.

SML Isuzu's vehicle sales surge 24% in March, shares rise 7%

BUSINESS

SML Isuzu's vehicle sales surge 24% in March, shares rise 7%

SML Isuzu overall sold 14,221 units in FY25, over 3 percent higher than the 13,797 units sold in the previous financial year.

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