Goldman Sachs upgraded its rating on India Goldman Sachs upgraded its rating on Indian equities to ‘Overweight’ from ‘Neutral’ on November 10, 2025 (CNBCTV18), citing sustained economic growth and corporate earnings recovery. The firm set a 12-month Nifty 50 target of 29,000, implying a 13% upside from current levels around 25,649. Indian benchmarks rose in…
Sugar Production of India forecast by ISMA The Indian Sugar & Bio‑Energy Manufacturers Association (ISMA) projects India’s sugar production for the 2025-26 marketing year will rise 18.6 % to 30.95 million tonnes, up from 26.1 million tonnes last year. Business Standard+1 With opening stocks of 5 million tonnes and ethanol diversion estimated at 3.4 million…
India crude oil supply December 2025 Saudi Arabia, Iraq and Kuwait will increase crude deliveries to Indian refiners in December as buyers curb Russian intake after new sanctions. Refiners received full term allocations; some volumes are higher after recent OSP cuts. (reuters.com) Brent hovered near $65/bbl intraday as markets weighed sanctions disruption against oversupply worries….
Emmvee Photovoltaic Power IPO Subscription Update The IPO opened on November 11 with a ₹2,900 crore offer; bidding runs through November 13. Day‑1 bids reached 7% by close. (economictimes.indiatimes.com) Investors placed early orders; overall subscription stood at 7% on Day‑1. (m.economictimes.com) Why it matters: This IPO gauges demand for domestic solar manufacturing amid a busy…
PhysicsWallah IPO subscription update PhysicsWallah IPO: The ₹3,480 crore issue opened on November 11 with a ₹103–₹109 price band. Day-1 subscription ended at 7%; retail 33%, NII 2%, QIB 0%. The company raised ₹1,563 crore from anchors on November 10. (moneycontrol.com) Immediate reaction: Grey market premium stood near ₹3 (~2.75%) above the upper band. (economictimes.indiatimes.com)…
Car loan rates November 2025: market snapshot Car loan rates in India began at 7.6% for new disbursements in November 2025, according to a Business Standard survey of major banks (Business Standard). State‑run lenders such as SBI (sbi.bank.in) and PNB (Punjab National Bank) offered the lowest slab, while private banks quoted up to 9.2%. The lower rates…
SEBI digital gold warning: immediate guidance SEBI digital gold warning: The Securities and Exchange Board of India cautioned investors that digital gold / e‑gold offerings fall outside SEBI’s regulatory framework and “may entail significant counterparty and operational risks.” (sebi.gov.in) Analysts say investors need not panic but should check how holdings are backed, audited and redeemed;…
India cryptocurrencies legal recognition 2025 India officially recognizes cryptocurrencies as legal property assets, allowing them to be treated like other assets under property laws, as announced on November 8, 2025. This move clarifies crypto’s status amid ongoing tax and regulatory discussions (Altcoin Buzz). Market reaction included a 2% rise in Bitcoin’s price to ₹93.28 lakh…
UNIfication proposal seeks fee switch and 100M UNI burn What happened: Uniswap Labs and the Uniswap Foundation launched the proposal to activate the protocol fee switch and burn 100 million UNI from the treasury. (gov.uniswap.org) Immediate reaction: UNI rose about 38% in 24 hours and 24‑hour trading volume jumped to roughly $3.6 billion as markets…
India forex reserves — RBI weekly data What happened: Forex reserves of India fell $5.6 billion to $689.73 billion in the week ended Oct 31, 2025. Foreign currency assets dropped $1.9 billion and gold holdings fell $3.8 billion. (business-standard.com) Immediate reaction: Analysts said RBI interventions to stabilise the rupee likely contributed to the drawdown in…
