KHATIMA NEWS
Business
Indian equities opened strongly on Monday, with the Sensex rising more than 400 points and the Nifty also advancing. The gains faded within minutes, sending both benchmarks into negative territory. Reliance, Trent, BEL and other stocks opened higher, while Tech Mahindra, Bharti Airtel and ITC traded lower.
Business
Gold prices have fallen about 4% in roughly a month, moving from ₹1.53 lakh to around ₹1.47 lakh per 10 grams. The decline has renewed buying interest ahead of festivals and weddings, but shoppers are choosing lighter jewellery, lower-karat designs and studded pieces while comparing making charges and exchange values.
Business
Gold prices rose on the Multi Commodity Exchange and in the domestic market over the reported five trading days, while silver remained broadly flat on MCX. Buyers should compare the latest 24-carat rates and account for GST and making charges before purchasing jewellery.
Business
Avenue Supermarts, which operates DMart, reported consolidated net profit of ₹743 crore for the second quarter of FY27, up 8.5% year on year. Revenue increased 18% to ₹19,644.01 crore, while the retailer added 18 stores during the financial year so far, taking its total to 518.
Business
The Enforcement Directorate's Lucknow Zonal Office has provisionally attached an immovable property valued at Rs. 54.71 Crore under the Prevention of Money Laundering Act, 2002. The property is located in Maharani Bagh, New Delhi, and is registered in the name of M/s Surbhaee Advertising Pvt. Ltd.
Business
Connaught Place market is closed today after protest-related disruptions affected business for four to 5 days, according to New Delhi Traders Association president Atul Bhargav. He said demonstrations around the market led to road closures, traffic jams and public inconvenience, while authorities advised traders to remain closed amid fears of escalation.
Business
Khan Market Traders Association president Sanjiv Mehra says traders chose to close during the CJP protest because nearby demonstrations could put shops and property at risk. He says markets including Connaught Place and South Extension continue to face rent, salary and perishable-goods costs even when businesses cannot operate.
Business
The rupee has weakened sharply against the dollar and could approach the psychologically important 100 level. Higher crude prices, a stronger dollar, foreign investor selling and rising US Treasury yields are weighing on the currency, while economists and policymakers debate whether further depreciation would help exports or intensify imported inflation.
Business
The Reserve Bank of India has announced a package of measures to support the rupee, including a special dollar supply window for Indian Oil, Hindustan Petroleum and Bharat Petroleum. It has also lowered a foreign currency derivative limit, introduced a reserve requirement and tightened documentation for hedging transactions.
Business
Reliance Industries' digital services company Jio Platforms may launch what would be India's largest IPO, with a proposed price band of ₹1,065-1,119 per share and a fundraising target of about ₹30,200 crore. The reported plan remains subject to market conditions, valuation discussions and confirmation from the company.
Business
Donald Trump says the United States will buy diesel from Russia and that increased supply will lower fuel prices worldwide. The announcement has drawn criticism from Ukrainian President Volodymyr Zelenskyy, while energy analysts cited in the report question whether the arrangement will significantly reduce prices.
Business
Tata Consultancy Services said the US action involving the green card programme is not expected to change its workforce strategy or customer engagements. The company pointed to single-digit applications under the programme over the past 2 years and highlighted its focus on hiring locally in the United States.
