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BMW Group India reported a 17% year-on-year (YoY) increase in car sales to 4,567 units in the first quarter of calendar year 2026, signalling relatively stronger traction compared to the broader luxury car market, which continues to see moderate growth amid macroeconomic and geopolitical headwinds. "BMW Group India has entered 2026 in an extremely strong position. We have achieved our highest-ever Q1 sales, registering solid double-digit growth, despite macroeconomic and geopolitical headwinds, ...Read More >
The Indian Premier League (IPL) has never been just about cricket. But nearly two decades after its launch, the scale of what it has become is sharper than ever. With an estimated valuation of around $18 billion (FY25), the league now rivals the size of India's entire sports industry -- despite operating for barely eight weeks a year, according to a recent report by Kotak Mutual Fund. The broader Indian sports industry, currently estimated at around $19 billion, is projected to more than double ...Read More >
also read From RBI policy to GDP data to FII flow: Here are 5 factors that will impact market this week JM Financial in a recent report said that foreign investors may be heading back to the United States amid growing optimism about the growth of the world's largest economy with Donald Trump coming back to power. The report highlighted that the sell-off in the Indian market started as a "Sell India, Buy China" trade post the Chinese government announcing stimulus measures for the economy in Sep ...Read More >
The Ministry of Finance has abolished the windfall tax on crude oil, aviation turbine fuel (ATF), and exports of diesel and petrol products with immediate effect. The government has also scrapped the Road and Infrastructure Cess (RIC) on petrol and diesel exports. The decision was announced through the notifications numbered 29/2024 and 30/2024 released by the Centre on Monday which were laid in the Parliament as well. This move follows an evaluation by the government with reports suggesting th ...Read More >
Waaree Renewable Technologies shares were locked in its 5% upper circuit limit at ₹1,494.45 on the BSE Given the growing need for a more sustainable source of energy and India's ambitious targets of net-zero carbon emissions by 2070, renewable energy stocks are being seen as a good investment opportunity to potentially grow wealth. As India plans to transition to greener energy sources to meet rising energy demands, the renewable energy stocks are gaining significant traction in the market. One ...Read More >
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