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India's manufacturing sector experienced robust growth in April, marked by the fastest output increase since June 2024. The hsbc India Manufacturing PMI climbed to 58.2, signaling the strongest improvement in ten months. A significant surge in exports, driven by rising international demand and potentially influenced by global trade tensions, fueled this expansion.

India's manufacturing sector surged in April, reaching a 10-month high driven by strong export orders and output growth. Companies increased selling prices at the fastest rate in over 11 years due to rising costs. Hiring activity also accelerated, reflecting robust demand and positive business confidence for the year ahead.

Brokerage firms offer varied outlooks on Indian companies. Morgan Stanley remains positive on Axis Bank despite muted earnings, while Jefferies highlights SBI Life's strong new business growth. Goldman Sachs sees improvement for SBI Cards, but Citigroup is cautious on Tech Mahindra due to high expectations. hsbc suggests reducing Rallis India due to missed estimates and pricing pressures.

India's private sector experienced robust expansion in April, reaching an eight-month high driven by strong demand and a surge in foreign orders, particularly for manufactured goods. The Composite PMI climbed to 60.0, signaling the strongest growth since August, with manufacturing hitting a one-year high. New export orders soared, boosting output and employment across both manufacturing and service sectors.

Amazon has leased a 330,000-square-foot office space at 10 Bryant Park in New York City, marking a significant expansion since the pandemic. The e-commerce giant will fully occupy the former hsbc tower, bringing the building to full occupancy under its current ownership. With an annual rent starting at $29.

Ather Energy has launched its IPO to raise Rs 2,981 crore, featuring fresh equity shares and an Offer for Sale. The IPO proceeds will fund a new factory, debt repayment, R&D, and marketing. Analysts are positive, citing Ather's strong position in the growing electric two-wheeler market, despite reduced government subsidies.

Citigroup recommends buying Divis Laboratories, anticipating its rise as a key supplier. CLSA maintains a hold on Tata Consumer due to margin concerns. ICICI Securities holds LTIMindtree, citing muted performance. hsbc suggests reducing Bajaj Housing Finance due to cost pressures. Nomura recommends buying Anant Raj Industries despite a lowered target price.

UBS upgraded Chola Investment citing growth and RoE, while JP Morgan upgraded HCL Tech highlighting its consistent performance and attractive valuation. Nomura maintains a 'buy' rating on Havells India, anticipating margin expansion driven by demand tailwinds. Morgan Stanley is optimistic about AU Small Finance Bank's RoA improvement, and hsbc recommends Mahindra & Mahindra due to its strong market position.

The Income Tax Appellate Tribunal (ITAT) Mumbai quashed the I-T department's decision to add Rs 19.48 crore to a taxpayer's income, citing that the reassessment was time-barred and lacked sufficient evidence. The case involved an alleged undisclosed foreign bank account revealed through information from the French government.

A significant chunk of MF investments are withdrawn before three years. But a growing tribe of investors has realised that longevity pays — especially with SIPs. Here are three remarkable stories of investors with SIPs running for more than a decade

The rising cost of overseas education means you will need to have a disciplined investment plan for the child’s goal in place well in advance

A senior MMRDA official fell prey to a sophisticated share trading cyber fraud, losing Rs 1.69 crores. Lured by a Facebook ad promising high returns on IPOs, he invested through a fraudulent app, seeing a virtual profit of Rs 9.91 crore. When he tried to withdraw, demands for hefty fees and ultimately silence revealed the scam, prompting a police investigation.

Vivo has launched the V50e in India, expanding its V-series. The smartphone boasts a curved display, a 50MP front camera, and an IP69 rating. Available in Sapphire Blue and Pearl White, it comes in 8GB+128GB and 8GB+256GB variants, priced at Rs 28,999 and Rs 30,999 respectively. It features a 6.

Swiggy Instamart introduced 'Maxxsaver,' enabling users to save up to ₹500 on bulk orders, automatically enrolling all customers. This initiative aims to enhance affordability, mirroring similar discounts by rivals like Zepto and BigBasket. CEO Amitesh Jha emphasizes providing better pricing through larger order benefits.

Swiggy Instamart has introduced Maxxsaver to rival Zepto's Super-Saver, targeting larger, planned grocery orders with savings up to Rs 500. Unlike Zepto, Maxxsaver is automatically applied at checkout, aiming to boost the average order values. This shift reflects a broader industry trend towards household-level grocery shopping, potentially reshaping quick commerce dynamics.

Goldman Sachs has increased the probability of a US recession to 45% due to concerns over President Trump's proposed tariffs and their potential disruption to the global economy. Several other major investment banks, including JP Morgan, have also raised their recession risk predictions. Consequently, Goldman Sachs now anticipates the Federal Reserve to begin cutting interest rates in June.

The Reserve Bank of India (RBI) is expected to cut key interest rates by up to 25 basis points to stimulate growth amidst global challenges. The move is supported by stable inflation and is anticipated to benefit the housing and real estate sectors. The official announcement is scheduled for April 9 at the 54th MPC meeting.

Vivienne Westwood held her first-ever fashion show in India, featuring Bollywood stars like Kareena Kapoor, Janhvi Kapoor, and Aditya Roy Kapur dressed in elegant outfits. The event displayed Vivienne Westwood's Spring Summer 2025 collection and highlighted Indian textiles through crafted couture looks.

Analysts have issued varying ratings on major companies like Tata Motors, GMR Airports, HAL, Bharti Airtel, and Vodafone Idea, underlining prospects based on recent developments. Factors such as expected tariffs, new orders, profitability forecasts, and government support significantly influence these ratings, indicating trends in the market.

Macquarie initiated its coverage of Trent with an 'outperform' rating and a target price of Rs 7,000. hsbc has a ‘buy’ call on Adani Ports with a target price of Rs 1,600, emphasizing its logistics services. CLSA rated L&T as 'outperform,' while JPMorgan sees HAL in a strong position with engine deliveries.

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