Shares of InterGlobe Aviation, which operates IndiGo Airline, hit an all-time high of ₹ 5,199.50, as they surged 4per cent on the BSE in Tuesday’s intra-day trade on healthy outlook. The stock surpassed its previous high of ₹ 5,177.90 touched on March 28, 2025. In the past one month, the stock has rallied 12 per cent on expectations of strong passenger growth outlook in the January to March 2025 quarter (Q4FY25). In comparison, the BSE
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Tata Motors-owned Jaguar Land Rover (JLR) on Monday announced a 1.1 per cent year-on-year jump in wholesale dispatch at 111,413 units in fourth quarter of financial year 2025, and 6.7 per cent up as compared to Q3FY25. Compared to the preceding year, wholesale volumes for the fourth quarter were higher in North America (14.4 per cent), Europe (10.9 per cent) and flat in the UK (0.8 per cent), the company said in a statement. It
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The Government of India, on Monday, raised excise duty on petrol and diesel by ₹2 per litre, according to an official notification by the Department of Revenue, Ministry of Finance. The order stated that the change will take effect from April 8. The excise duty on petrol was increased to Rs 13 per litre and that on diesel to Rs 10, according to the order. While the excise duty has been increased, the Ministry of Petroleum and
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Bears on Dalal Street have pushed the market capitalisation (market-cap) of Indian companies to tumble nearly ₹30 trillion from their recent peak levels in March 2025. The benchmark indices — Nifty50 and 30-stock Sensex — posted a recovery of over 8 per cent since their lows hit in September 2024. From March 24, all this recovery was dented as US President Donald Trump’s tariff threats came into focus. Since the recent peak on March 24,
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Indian markets have been on edge over the last two sessions after US President Donald Trump’s reciprocal tariffs on over 180 countries, including India, rocked global markets. The US reciprocal tariff of 26 per cent on India is higher than expected, but is relatively lower than that levied on other Asian countries like China (34 per cent), Vietnam (46 per cent), Thailand (36 per cent), Indonesia (32 per cent) and Bangladesh (37 per cent) which compete with India
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