Moneycontrol
    Moneycontrol PRO
    LAMF
    LAMF

    Editors Picks

    Jump to

    • Fuel excise duty cuts, Nokia layoffs, Rupee slide & Dhurandhar 2 success | MC Editor's Picks

      In this edition of Moneycontrol Editor’s Picks: The government’s sharp excise duty cuts on fuel, export curbs, and other measures to stabilise domestic supply, Axis Bank stays cautious even as it eyes future growth, corporate churn continues with layoffs at Nokia’s India unit, macro pressures deepen as the rupee hits record lows amid rising crude. Markets remain volatile, though improving valuations offer some comfort to investors navigating an increasingly uncertain economic landscape. Tune in!

    • Rupee’s appreciation rallies are getting shorter, weaker. Can it scale back to 90 against the dollar?

      The rupee’s appreciation phases have become shorter and less intense amid tighter management and lower volatility

    • Govt to lose Rs 5,500 crore every fortnight after fuel duty tweaks

      A back-of-the-envelope calculation shows that annualised revenue for FY27 will be around Rs 1.43 lakh crore, assuming the these changes remain in place for the full year

    • Axis Bank's Amitabh Chaudhary says lender planning two more listed group firms

      The bank will soon have two more listed entities: they plan to list Axis Finance in the next couple of years, while Axis Max Life Insurance will be reverse merged with Max Financial

    • More cooking gas raises hopes of stemming worker migration in India's largest textile cluster

      For Surat’s vast textile workforce, migration is usually seasonal and predictable. This year, however, the cycle was disrupted as many workers left earlier amid a fuel crunch

    • Rs 1.15 lakh crore hole: What the govt may cut, and what it risks losing

      Capex, schemes in focus as revenue hit from duty cuts threatens fiscal math

    • Excise duty on ATF, diesel exports to safeguard domestic fuel availability, says CBIC chairman

      The finance ministry imposed a duty of Rs 21.5 per litre on exports of diesel and Rs 29.5 per litre on ATF exports to ensure adequate availability of these products for domestic consumption.

    • Govt faces up to Rs 1.2 lakh crore revenue hit in FY27 following petrol, diesel excise cuts

      The revenue loss estimate accounts for additional revenue from the windfall tax levied on fuel exports

    • India rupee falls to fresh low after crude oil price worries, bond yield spike

      Oil marketing companies were seen buying the dollar to hedge their positions, traders say

    • Govt may cancel up to 7 GW unviable RE tenders, move to demand-linked bidding

      Of the 42 GW stranded RE capacity, the government expects about 6-7 GW to not be viable due to high tariffs, MNRE secretary Santosh Sarangi has said

    • Jefferies exits HDFC Bank following ex-chairman Atanu Chakraborty's resignation, trims India weightage

      Jefferies exited HDFC Bank shares and cut India weightage after chairman Atanu Chakraborty resigned citing value and ethics concerns.

    • Nokia plans fresh layoffs in India amid global restructuring; Samar Mittal elevated

      Nokia plans layoffs in India as part of global restructuring. Workforce cuts may mirror global 20% reduction amid strategy shift and weak performance.

    • Post-Covid returns inflated expectations, now sanity is returning, says Mirae Asset Investment Managers CEO Swarup Mohanty

      Right now, valuations have become more reasonable and the margin of safety has improved in favour of investors, Mohanty tells Moneycontrol

    • Markets crash 2%: Sensex settles nearly 1,700 pts lower, Nifty ends below 22,850; key factors behind market decline

      Profit booking, elevated crude prices among key factors to weigh on investor sentiment on March 27

    • Dhurandhar delivers: PVR INOX to end FY26 on a three-year high, says promoter Sanjeev Bijli

      Dhurandhar: The Revenge has crossed the Rs 600-crore mark in India within seven days of release, with total collections reaching approximately Rs 641 crore net (Rs 756 crore gross)

    • Food makers absorb cost surge for now, may raise prices if West Asia crisis persists

      If the war continues, some degree of cost pass-through to retailers and consumers may occur within the next few weeks, say industry executives.

    • Ranveer Singh’s Dhurandhar 2 becomes one of the fastest films to cross Rs 1000 crore in just 7 days

      Dhurandhar 2 has crossed Rs 1000 crore worldwide in just seven days, becoming one of the fastest Indian films to achieve the milestone, though slightly behind Pushpa 2’s record.

    • Iran war cripples Indian carriers, 75% of Gulf flights scrapped

      Not just connectivity, the disruption strikes at the heart of airline revenues, with West Asia accounting for nearly half of the country’s international passenger traffic

    • India has 60 days crude supply cover, secures 800,000 MT LPG cargoes from US, Russia, Australia: Govt

      The oil ministry noted that nearly two months of steady supply is available for every Indian citizen regardless of what happens globally.

    • Dhurandhar’s blockbuster run points to box office shifting beyond first-week dependence

      First-week share of lifetime earnings falls sharply over a decade

    • Dhurandhar 2 casting director Mukesh Chhabra says 'I got almost one year to cast Dhurandhar' - Exclusive

      During the course of the conversation, Mukesh Chhabra said one of the biggest advantages he had while working on Dhurandhar was 'time'.

    • Helium shock puts India’s semiconductor, PCB push at risk due to the Iran-Israel war

      A critical input in semiconductor manufacturing, helium underpins everything from electric vehicles to smartphones.

    • Funding gaps, delays hit strategic oil reserves; house panel seeks expansion, 90-day buffer

      A parliamentary panel has recommended that the oil ministry and refiners explore additional storage and move to the global standard of 90 days of crude reserves

    • An evening in Paris costs twice more as West Asia war fallout makes Europe trips pricier

      This summer, a trip to Paris—once a relatively predictable splurge for Indian travellers—has become far more expensive due to the Iran-Israel conflict.

    • Watchdogs can’t claim immunity: NCLT clears probe into Deloitte, BSR, SRBC in IL&FS fraud case

      Order dated March 24 brings auditors within scope of Section 339; liability to hinge on evidence of ‘knowing participation’

    Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347