India, the world’s second-largest crude steel producer, made a bold move on April 21, 2025, by imposing a 12% tariff on steel imports to tackle a flood of cheap shipments, mainly from China. This safeguard duty, effective for 200 days, aims to protect local mills facing scaled-down operations and potential job cuts. China, the second-biggest…

On April 21, 2025, the Reserve Bank of India (RBI) announced that kids over 10 can now open and manage their own savings and term deposit accounts. This move lets minors independently handle their finances, with banks offering extras like internet banking and debit cards based on their policies. For those under 10, accounts can…

PharmEasy Valuation Drops From $5.6 Billion To $456 Million The Indian online pharmacy, once valued at $5.6 billion, has seen its worth drop to $456 million, according to a December 27, 2024 report by ISN. Investor Janus Henderson slashed the value of its 12.9 million shares from $9.4 million to $766,043, marking a 92% valuation…

MTNL Shares In Trouble! On April 21, 2025, shares of Mahanagar Telephone Nigam Ltd (MTNL) fell 5.63% to Rs 41.38 after defaulting on Rs 8,346 crore in bank loans, as per Business Today. The state-run telecom failed to repay a consortium of banks, including Union Bank of India and State Bank of India, between August…

Cyient Ltd is facing a bumpy road after a tough FY25, as shared in a Moneycontrol report on April 21, 2025. The IT firm saw a modest 5.8% revenue growth in Q3 FY25, but its Digital Engineering Technology segment dipped 2.2%, hit by delays in the Sustainability vertical. A CEO change, declining headcount, and a…

Gold record high at $3,384 On April 21, 2025, gold prices hit a record new peak above $3,384, as reported by NDTV, driven by global economic worries and a weakening dollar. Investors are flocking to this safe-haven asset amid Donald Trump’s tariff blitz, with China facing up to 145% levies and the rest of the…

Foreign Institutional Investors (FIIs) are shaking things up! In Q4 2025, they’ve been quietly boosting their stakes in public sector undertakings (PSUs) and smaller stocks, while stepping back from large-cap giants. Data shows FIIs increased holdings in 52% of 79 listed PSU companies and 51% of 186 Nifty Microcap 250 Index firms, as reported on…

Indian auto exports hit a high gear, rising 19% to 53.63 lakh units in FY25, up from 45 lakh units in FY24, according to SIAM’s April 20, 2025 report. Passenger vehicles led the charge, jumping 15% to 7,70,364 units, thanks to global demand for India-made models. Two-wheelers and commercial vehicles also fueled the growth, marking…

On April 19, 2025, HDFC Bank, ICICI Bank, and Yes Bank dropped their Q4 FY2025 results, and they’re looking strong. HDFC Bank’s profit rose 6.7% to ₹17,616 crore, with net interest income up 10%. ICICI Bank wowed with an 18% profit jump to ₹12,630 crore, fueled by 13.9% loan growth. Yes Bank stole the show,…

The Waqf Amendment Act, 2025, could unlock nearly one million acres of land, sparking a warehousing boom, experts say. With 9.4 lakh acres of waqf properties worth over ₹1.4 lakh crore, the Act aims to fix mismanagement and free up land for projects. JLL predicts warehouse demand hitting 1.2 billion sqft by 2027, and this…