India’s exports of petroleum products increased by 2% between April and December.

According to data from the Petroleum Planning and Analysis Cell, India’s petroleum product exports increased slightly by 1.5% to 47.5 million tonnes between April and December, from 46.8 million tonnes during the same period. Motor spirit, pet coke, and fuel oil shipments were the main drivers of the increase in exports. However, shipments of petroleum…

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FPIs withdraw Rs 44,396 cr from stocks in January due to a poor outlook for results and a strengthening currency.

The strength of the currency, rising US bond yields, and prospects of a dismal earnings season have caused foreign investors to withdraw Rs 44,396 crore from Indian stocks this month. According to data from the depositories, this followed an investment of Rs 15,446 crore in December. The change in attitude coincides with both internal and…

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Higher food costs cause WPI inflation to increase to 2.37% in December.

According to data released by the Ministry of Commerce and Industry on Tuesday, the major causes of India’s wholesale price index (WPI)-based inflation, which increased from 1.89 percent in November 2024 to 2.37 percent in December, were price increases for food items, food product manufacturing, other manufacturing, textile manufacturing, and non-food items. While WPI inflation…

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SIP book surpasses Rs 26,000 cr milestone, while equity fund inflows increase 15% to Rs 41,156 cr in December: AMFI

According to data issued by the Association of Mutual Funds of India (AMFI) on January 9, inflows into open-ended equity mutual funds increased 14.5% over the previous month to Rs 41,155.91 crore in December, driven by increased investments in small-cap and thematic/sectoral funds. In December, the monthly inflows through the systematic investment plan (SIP) surpassed…

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With a boost for celebrations and weddings, jewelry majors should shine in Q3.

Significant wedding and holiday demand is expected to fuel jewelry companies’ significant year-over-year revenue increase for the October–December quarter, according to analysts and company reports. By lowering the import tax on gold from 15% to 6% in the FY25 Union Budget, organized players were greatly aided. Kalyan Jewellers said in its quarterly business update on…

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Sensex drops 1,200 points due to concerns about HMPV; investors lose Rs 9.5 lakh cr; VIX surges 15%

Intense selling pressure on Dalal Street on Monday caused major indexes to plummet as worries about third-quarter profits and the recent HMP virus worry grew. With more losses, the 30-share BSE benchmark Sensex fell 1,258.12 points, or 1.59 percent, to settle at 77,964.99. This was below the 78,000 barrier. It fell 1.81 percent, or 1,441.49…

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