IPO watch: BlueStone Jewellery issue subscribed 39% on debut; QIBs drive demand as retail stays steady

The initial public offering (IPO) of BlueStone Jewellery and Lifestyle Ltd, which sells contemporary jewellery under its flagship brand ‘BlueStone’, was subscribed 39% on the first day of bidding on Monday.According to NSE data, the three-day issue received bids for 63,89,570 shares against 1,65,14,421 shares on offer, reported PTI. The quota for qualified institutional buyers…

Read More

Donald Trump tariffs on India: Can Indian refiners do without Russian oil? ‘Major economic and strategic trade-offs involved…’

Indian refiners have the technical capability to operate without Russian crude, but such a move would come with significant economic and strategic consequences, energy analytics firm Kpler has warned. Russian oil currently makes up nearly 38 per cent of India’s refinery feedstock, prized for its high diesel and jet fuel yields, competitive pricing, and reliable…

Read More

Donald Trump’s 50% tariffs on India spark outrage: Calls for boycotting US-based brands grow on social media; self-reliance in focus

The implementation of a 50% tariff on Indian goods by Donald Trump has strained diplomatic relations between New Delhi and Washington. Major American brands in India, including McDonald’s, Coca-Cola, Amazon and Apple, are faced with boycott demands as corporate leaders and supporters of Prime Minister Narendra Modi respond to US tariffs. India’s vast population makes…

Read More

Tesla expands India footprint: 2nd showroom for Elon Musk-owned automaker opens in Delhi Aerocity; wider supercharging network planned

Elon Musk-owned vehicle manufacturer Tesla inaugurated its second showroom in India at Delhi’s Aerocity, expanding its presence in the country.The American automaker giant is further set to expand its supercharging network across key Indian metropolitan regions ahead of its September delivery commencement, according to a senior company representative on Monday, quoted by ET. Tesla’s India…

Read More

New Income Tax Bill 2025 introduced in Parliament: What are the top Parliamentary panel suggestions being included? Check details

The Income-Tax Bill, 2025 was designed to update and simplify India’s taxation system. New Income Tax Bill 2025: Finance Minister Nirmala Sitharaman has introduced modified New Income Tax Bill 2025 in Parliament on Monday. The government had officially withdrawn the Income-Tax Bill, 2025 on Friday, which had been presented in the Lok Sabha on February…

Read More

India seeks to ensure supply of critical minerals! Mining laws to be tweaked; changes to allow state funding for overseas assets

The government is exploring options to permit the sale of mineral stockpiles from captive mines through one-time payments. (AI image) India aims to secure consistent and improved supply of essential minerals including lithium, copper, cobalt and rare earth elements, which are vital for nuclear energy, renewable energy, space, defence, telecommunications and advanced electronics sectors. Currently,…

Read More

Gold price prediction: What’s the gold rate outlook for August 11, 2025 week – should you buy or sell?

Gold price prediction: Gold prices surged to an all-time high on the domestic front last week. (AI image) Gold price prediction today: Gold prices are expected to be range-bound in the coming days as the global economic uncertainties continue to weigh. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his…

Read More