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HinduBusinessLine
7d
354
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Q1 earnings, US-India trade talks and macro data to drive stock markets this week: Analysts
- Global market trends and foreign investors' trading activity, along with US-India trade talks, will influence stock markets' movement this week.
- Investors are awaiting outcomes of India's trade negotiations with the US while monitoring Q1 corporate earnings.
- Last week, markets dipped due to uncertainties around global tariffs and disappointing earnings season start.
- Upcoming factors impacting markets include corporate results, WPI and CPI data, FII flows, crude oil prices, global trade updates, and economic data releases.
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Bloomberg Quint
7d
99
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Vietnam Urges US Business Group To Help In Tariff Talks: Media
- Vietnamese Prime Minister Pham Minh Chinh requested a US business group, U.S.-Asean Business Council, to continue supporting Vietnam's efforts to secure a final tariff agreement with the Trump administration.
- Vietnam was surprised by President Donald Trump's announcement of a 20% tariff agreement and seeks to negotiate for a lower rate.
- Leaders of Vietnam and the US have reached a consensus on the deal's framework, but Vietnam aims to obtain a reasonable and detailed tariff agreement with the help of the US business group.
- The Vietnamese Prime Minister urged the US business group to oppose trade defense measures against Vietnamese exports, actions that could harm bilateral ties, and to advocate for recognizing Vietnam as a market economy.
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HinduBusinessLine
7d
1.3k
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Centre's semiconductor push could cut chip imports by $20 bn: McKinsey
- McKinsey suggests that India needs government incentives and partnerships with global technology giants to boost its semiconductor industry and reduce import dependency.
- India's semiconductor market is projected to reach over USD 100 billion by 2032 from USD 34 billion in 2023, with a focus on design capabilities.
- Large-scale projects and government incentives aim to enhance India's semiconductor industry, supported by a strong talent pool and growing start-up ecosystem.
- Challenges in semiconductor fabrication include high capital requirements, limited access to technologies, and gaps in the supply chain, prompting the need for collaborations with global semiconductor companies.
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Bloomberg Quint
7d
95
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Ireda Targets Steady NIM At 3.7% In FY26
- Ireda is targeting a net interest margin (NIM) of 3.6% to 3.7% in the next 12 months, with plans to raise funds through 54EC bonds to reduce borrowing costs.
- The decrease in net profit and rise in NPAs can be attributed to a loan provided to Gensol Engineering and a tariff revision by the Andhra Pradesh government.
- Despite issues with the Gensol Engineering account, Ireda maintains a strong loan book growth rate of 27% CAGR, with consistent growth in sanctions and disbursements over several quarters.
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Bloomberg Quint
7d
129
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Mexico Sure It Will Strike Deal With US To Skirt Tariffs
- Mexico is confident it will reach a deal with the US to avoid new tariffs, following discussions that have already begun.
- Mexico and the US established a working group to address security, migration, and economic issues in an effort to find alternatives to tariffs.
- The US threatened 30% tariffs on Mexico due to lack of progress in combating drug cartels, urging Mexico to challenge cartels and halt the flow of Fentanyl.
- US-Mexico-Canada free trade agreement compliance may exempt certain goods from tariffs, benefiting sectors like the auto industry; the situation is fluid.
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HinduBusinessLine
7d
216
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Why India needs a nutritional grading system and why dairy must lead the way
- Graded FoP labels like Nutri-Score in Europe and Health Star Rating in Australia have proven to improve consumer choices and overall diet quality.
- India introduced the Indian Nutrition Rating proposal, modelled after HSR, but dairy is exempt, missing an opportunity for its widespread consumption to lead the grading rollout.
- Implementing grading in dairy could empower consumers, drive reformulation for healthier products, build trust, and set industry benchmarks.
- To succeed, coordinated efforts are needed including policy alignment, pilot programs, consumer research, and consumer education.
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HinduBusinessLine
7d
320
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AFMS looking at drone use to supply blood bags, medicines in hilly areas: Official
- The Armed Forces Medical Services (AFMS) is considering the use of drone technology to supply blood bags, medicines, and medical equipment in remote and hilly terrains, with a vision of utilizing drones for medical evacuations in the future.
- Vice Admiral Sarin mentioned the integration of modern technologies like telemedicine, Artificial Intelligence (AI), point-of-care devices, and drones to enhance healthcare delivery within AFMS.
- Technological advancements, including genetic diagnostics and therapy, Next-Generation Sequencing platforms, and medical simulation, are being adopted at the Armed Forces Medical College (AFMC) to further medical research and training.
- The AFMS is responsible for the health needs of astronauts, including those involved in the Axiom-4 mission to the International Space Station, and is ensuring healthcare support through advanced medical facilities.
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HinduBusinessLine
7d
270
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MNRE to issue new norms on domestic sourcing
- Ministry of New and Renewable Energy (MNRE) set to introduce new norms for mandatory domestic sourcing of key components like rotor blades, towers, gearboxes, and generators for all wind turbine models.
- Industry stakeholders, including the Indian Wind Turbine Manufacturers Association, support the move, aiming to boost local manufacturing potential and job security within the wind manufacturing industry.
- Concerns raised over potential exemptions for large ongoing wind projects as they could lead to significant imports and shift economic activity overseas, impacting local manufacturing value negatively.
- Impending decisions on dilution of domestic sourcing regulations could pose threats to the viability of wind manufacturing infrastructure, risking job losses, MSME bankruptcies, and hindering progress towards India's 100 GW wind energy target by 2030.
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Bloomberg Quint
7d
357
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Money Wise: Tactical Investments Take A Backseat; SIPs Hold Steady
- The equity markets experienced a 0.8% fall in the benchmark after four sessions of low-volume trade, giving relief to market watchers.
- Mutual fund inflows through systematic investment plans (SIPs) hit a record high of over Rs 27,000 crore in June, surpassing the previous month's record.
- Investors are cautious about sectoral and thematic schemes as some sectors show signs of overheating, leading to redemptions and a rise in SIP folios.
- Inflows into gold exchange traded funds reached a five-month high amid uncertainty caused by the Trump tariff saga and declining dollar value.
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Bloomberg Quint
7d
301
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Enviro Infra Engineers Eyes Rs 2,500-Crore Order Inflow In FY26
- Enviro Infra Engineers Ltd. expects a Rs 2,500 crore order book in FY26, with current orders worth Rs 900 crore and an additional Rs 300 crore expected soon.
- The company won a Rs 395-crore project in a joint venture with AltoraPro Infrastructure to work on the Panchganga River pollution control program in Kolhapur.
- Enviro Infra Engineers is focusing on zero liquid discharge and water reuse systems using advanced technologies like ultrafiltration and reverse osmosis.
- The company is shifting its focus from Jal Jeevan Mission to schemes like Atal Mission for Rejuvenation and Urban Transformation and Namami Gange, aiming to complete remaining projects and explore new opportunities.
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Bloomberg Quint
7d
247
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Upcoming Stock Split: Indo Thai Securities — Check Record Date And More
- Indo Thai Securities Ltd. is conducting a stock split where shares will be split from a face value of Rs 10 to Re 1 each, with the ex-date set for June 18 and the last day for purchase eligibility on July 18.
- Investors aiming to benefit from stock splits must monitor the record date closely as it determines who will receive additional shares post-split based on the split ratio.
- For investors to be eligible for a stock split, they must hold shares as of the record date announced by the company, with India following the T+1 settlement cycle.
- Other companies like Algoquant Fintech, Bemco Hydraulics, and GTV Engineering have also approved stock splits, with different split ratios and details.
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Bloomberg Quint
7d
14
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Mysterious Option Trades Put Spotlight On Key Indian Stock Index
- Mysterious moves in contracts tied to India's NSE Nifty 50 Index have raised concerns about questionable trading activity.
- Traders have observed abnormal price action in the straddle on the NSE Nifty 50 Index, with unexplained price increases during expiration days.
- India's securities regulator flagged unexplained variations in option prices, with a focus on weekly contracts tracking the NSE Nifty Bank Index.
- SEBI is expanding its market-manipulation probe to include trades around major equity gauges like the Nifty 50 and Sensex, following the temporary ban on Jane Street Group LLC.
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Bloomberg Quint
7d
60
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CPI Preview: Retail Inflation Expected To Fall To Lowest Since 2019
- India's retail inflation is expected to dip further in June, reaching the lowest level since February 2019 according to economists' forecasts.
- Food and beverage inflation is projected to ease to 0.24% in June from 1.5% in May, despite some sequential increase in vegetable prices, particularly tomatoes.
- Prices of cereals and edible oils are likely to remain subdued, supported by a good harvest and reduction in customs duty for edible oil, while pulses prices may continue to ease sequentially.
- Core CPI is expected to remain largely stable at 4.21% in June, with energy prices remaining elevated partly due to the Israel-Iran conflict, but inflationary pressure is still on the downside overall.
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Bloomberg Quint
7d
287
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How To Become Crorepati In 10 Years With SIP: Investment Formula Explained
- Mutual fund SIPs, with a systematic investment approach, can help individuals build a Rs 1 crore corpus over time.
- Investors are increasingly using techniques like 'step-up SIP' to maximize returns through the power of compounding in mutual funds.
- Aiming for a Rs 1 crore target in 10 years via SIP investment entails monthly contributions, potentially utilizing 'step-up SIP' to manage increasing contributions over time.
- Investors should carefully consider factors like inflation and capital gains tax when setting financial goals for optimal outcomes.
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Moneyweb
7d
403
As Sars steps up enforcement, is your business ready for increased scrutiny?
- South Africa's budget grants Sars R7.5 billion over the next three years to enhance revenue collection and modernize systems, with a focus on addressing revenue leaks.
- Expect increased scrutiny as Sars becomes more aggressive in identifying and pursuing non-compliant taxpayers, emphasizing the importance of financial organization and compliance for businesses.
- Steps for businesses to enhance compliance include year-round readiness, tracking key deadlines, strengthening accounting processes, and staying informed on changing payroll legislation.
- Efficient financial and tax administration, along with automation and staying ahead of tax legislation changes, can help businesses prepare for tax deadlines and maintain smooth operations.
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