Stock markets are facing uncertainty as trade tensions escalate worldwide, with President Donald Trump’s tariff measures causing concerns about economic stability. The Sensex opened slightly higher at 73,005.37 and is currently trading at 73,446.52, up by 456.59 points. The Nifty opened at 22,073.05 and is now at 22,243.50, gaining 162.90 points.
Gold prices in India have increased slightly today, with rates rising by ₹65 per gram in most cities. The price for 8 grams of 24-carat gold also increased by ₹552 compared to yesterday.
Coforge has secured a $1.56 billion partnership contract from US-based Sabre Corporation. This new agreement aims to supercharge Sabre’s product roadmap and accelerate product delivery.
President Donald Trump announced reciprocal tariffs and criticized India’s high auto levies in a speech to Congress. He touted his economic policies and blamed rising costs on the previous administration.
Adani Wilmar has signed a definitive agreement to acquire Delhi-based GD Foods Manufacturing (India) Private Ltd. The acquisition will be executed in multiple tranches, with 80% of the shares to be acquired in the first tranche.
M2P Fintech is acquiring AI start-up Mad Street Den in an undisclosed stock and cash deal. The deal brings together two Chennai-based start-ups and aims to enhance their offerings.
Shell Group has received approval from the Competition Commission of India for its proposed acquisition of Raj Petro Specialities Private Limited. The deal aims to enhance operational efficiency and improve customer offerings.
Alpha Wave Ventures II has secured CCI approval for the acquisition of a 12.44% stake in Advanta Enterprises Limited. This move is significant within the agri-tech sector.
NeoGrowth’s latest study reveals that women entrepreneurs play a crucial role in India’s progress, fostering personal empowerment, financial stability, and inspiring others in the community.
Prime Venture Partners has announced the launch of Fund V with a corpus of $100 million to support early-stage startups across key sectors.
India entered the final of the Champions Trophy with a four-wicket win over Australia. Virat Kohli’s top-scored with 84 in the first semifinal.
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