Lenskart’s much-anticipated IPO has witnessed a significant decline in its grey market premium (GMP), dropping by 70% just before its stock market debut. Analysts attribute this plunge to prevailing market volatility and cautious investor sentiment amid broader economic concerns. Lenskart IPO grey market premium falls 70% ahead of listing amid market volatility; analysts discuss implications…
The Grey Market Premium (GMP) for Pine Labs’ Initial Public Offering (IPO) hovers around 5% ahead of its launch, generating investor interest. Analysts provide mixed views on whether potential investors should consider subscribing to the IPO amid market uncertainties. Pine Labs IPO GMP holds steady around 5%, signaling moderate investor interest. Analysts offer mixed advice…
Gold prices remained stable on November 7, 2025, with key cities across India reporting current rates for 22-karat and 24-karat gold. Investors and buyers can find updated prices for gold in major markets including Delhi, Mumbai, Bangalore, Chennai, Kolkata, Hyderabad, Ahmedabad, and Jaipur. Check the latest gold prices today for 22K and 24K gold in…
Bollywood actress Aishwarya Rai Bachchan successfully contested a tax notice related to the disallowance of income amounting to Rs 4 crore before the Income Tax Appellate Tribunal (ITAT) Mumbai. The tribunal ruled in her favor, setting aside the tax department’s claims and highlighting key aspects of income taxation and evidence evaluation. Aishwarya Rai Bachchan won…
China’s recent move to impose stricter controls on rare earth exports is complicating former President Trump’s hopes to fully lift US restrictions. The new Chinese policy highlights ongoing geopolitical tensions and supply chain vulnerabilities in the critical minerals sector. China tightens rare earth export controls, challenging US hopes to lift Trump-era restrictions and affecting global…
US President Donald Trump has acknowledged that American consumers might be paying for tariffs imposed under his administration’s trade policy, signaling potential economic impacts on households. The admission comes amid ongoing debates about the effectiveness and consequences of tariffs on imported goods. US President Trump acknowledges tariffs may increase costs for American consumers, highlighting the…
B9 Beverages, the parent company of craft beer brand Bira 91, is looking to sell assets to clear outstanding employee salary dues amid financial challenges. Founder Ankur Jain is seeking to raise immediate cash to stabilize operations and address urgent financial obligations. B9 Beverages plans asset sales to clear Bira 91 employees’ salary dues and…
Nykaa reported a significant increase in its financial performance for the second quarter of 2025, with net profit rising to Rs 34.4 crore and revenue growing by 25%. The beauty and lifestyle e-commerce platform’s strong results underscore its expanding market presence and operational efficiency. Nykaa’s Q2 2025 results show a net profit surge to Rs…
More than 100 flights were cancelled across the United States due to the ongoing federal government shutdown, disrupting travel plans just days before the Thanksgiving holiday. Passengers faced delays and cancellations as air traffic control services were impacted by furloughs of government employees. US government shutdown causes over 100 flight cancellations nationwide, disrupting Thanksgiving travel…
India’s Chief Economic Adviser, Mr. N. S. Vishwanathan Nageswaran, has forecasted economic growth exceeding 6.8% for the fiscal year 2025-26. The positive outlook is attributed to recent government measures including Goods and Services Tax (GST) cuts and tax relief aimed at stimulating consumption and investment. India’s Chief Economic Adviser forecasts GDP growth above 6.8% in…
