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JPMorgan finds Reliance Industries share valuation comfortable but flags O2C as uncertain spot
JPMorgan maintains an Overweight rating on Reliance Industries. The brokerage sees comfortable relative valuation for RIL. Near-term outlook for oil-to-chemicals business remains uncertain. JPMorgan retains a price target of Rs 1,675 for March 2027. The firm expects improved refining and petrochemical margins in the medium term. Retail valuation upside also offers potential gains.
India's banking sector resilient; 11-13% credit growth for January-June likely: Survey
Indian banks anticipate robust non-food credit growth of 11-13% from January-June 2026, driven by improving balance sheets and steady economic activity. Retail and SME segments are expected to lead this expansion, while industrial credit will see a more measured recovery. Most bankers foresee a stable monetary policy stance.
Lenskart apologises after online backlash, releases new style guide welcoming religious symbols
Eyewear retailer Lenskart has issued a public apology and released a revised “In-Store Style Guide” after facing online backlash over a viral alleged grooming policy that was criticized for restricting religious symbols. The company clarified that the earlier document was outdated and does not reflect its current guidelines, emphasizing that employees are free to wear symbols of faith such as bindis, tilaks, sindoor, kalawa, mangalsutra, kada, hijab, and turbans.
Gold demand weakens in March as price volatility triggers buying wariness
Indian gold demand showed strength in early 2026. Retailers saw significant revenue growth, boosted by weddings and festivals. Gold ETFs experienced substantial inflows, extending a positive trend. Despite some profit-taking, investor interest in gold remained robust. Expansion plans by jewellers indicate confidence in the market.
Banks' gross NPA's to stay range-bound at 2.0-2.2 per cent by March 2027 despite West Asia risks: Crisil
Indian banks are likely to keep asset quality under control over the next two years, with gross non-performing assets (NPAs) projected at 2.0-2.2 per cent by March 2027, only a shade higher than the estimated historic low of 2.0 per cent as of March 2026, according to ratingas agency Crisil Ratings. The resilience will be led by strong corporate balance sheets, even as the MSME segment faces pressure from the ongoing West Asia conflict.
Gold price today (April 17, 2026) in Chennai ahead of Akshaya Tritiya: 24K, 22K gold rates at leading jewellers, IBJA
In line with the larger national trend, gold prices in Chennai too recorded a slight drop on Friday (April 17, 2026). As per the prices quoted by leading jewellery retailers in the city, the price of 24 karat gold was around Rs 15,431 per gram, down from Rs 15,568 per gram levels on Thursday.
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Jefferies says Gold enters consolidation phase after retail-driven frenzy buying this year
Global investment firm Jefferies in its latest report said that gold has entered a consolidation phase following a strong retail-driven buying surge seen late last year and early this year across key markets including India, China and the United States.
Wipro promoters to join Rs 15,000 cr buyback. What it means for retail investors
IT major Wipro is set to buy back shares worth Rs 15,000 crore. The buyback price offers a 19% premium to the previous closing rate. Promoters and the promoter group have signaled their intention to participate in this corporate action. This move is expected to impact retail investor allocations.
Noida workers stir: Unrest hastens search for national floor wage rate
The move comes in the backdrop of the recent unrest in the NCR with factory workers demanding higher wages after the implementation of the labour codes."We are examining the current wages and inflation across states and will soon arrive at floor wage rate for different geographies," a senior government official told ET on condition of anonymity.
Seasoned market investors enjoy market volatility while some young retail entrants exit: ANMI President Kamlesh Shroff
ANMI President Kamlesh Shroff said recent market volatility is unsettling for new investors, who may exit after experiencing sharp swings for the first time, while seasoned investors tend to navigate and even benefit from such phases.
Gold price today (April 16, 2026) in Chennai: 24K, 22K gold rates at GRT Jewellers, VBJ, Kota Gold Jewellery, IBJA
As per the AM retail prices updated by the Indian Bullion and Jewellers Association Ltd (IBJA) on Thursday, fine gold (999 purity) is priced at Rs 15,331 per gram, 22 carat gold at Rs 14,963 per gram, 20 carat gold at Rs 13,644 per gram, 18 carat gold at Rs 12,418 per gram.
Market swings trigger retail rethink, active client base of top brokers falls
Active client numbers across India’s top brokerages fell in FY26, indicating a slowdown in retail trading activity amid volatile markets. Six of the top 10 brokers reported a year-on-year decline, with Upstox seeing the steepest drop at 27.64%, followed by Zerodha and Motilal Oswal. Angel One, HDFC Securities, and Kotak Securities also posted declines.
Economic growth will be slower this quarter amid war, US Treasury chief says
US Treasury Secretary Scott Bessent sees a slower economy this quarter amid the Iran war. He believes the economy is fundamentally strong and will recover. Bessent noted oil prices are not currently affecting inflation expectations. The Treasury will monitor retail gasoline sales to ensure fair pricing for consumers.
Gold price today in Chennai: 24K, 22K gold rates at GRT Jewellers, VBJ, Kota Gold Jewellery, IBJA on April 15, 2026
In Chennai too, gold prices rose slightly in line with the larger trend in India. As per the prices quoted by leading jewellery retailers in the city, the price of 24 karat gold was around Rs 15,622 per gram, while 22 karat gold was largely priced between Rs 14,320 to Rs 14,240 per gram.
India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in February
India’s wholesale price inflation rose to a 12-month high of 3.88% in March from 2.13% in February, exceeding expectations, while retail inflation also edged up to 3.4%.
BofA Securities initiates coverage on Groww with ‘buy’ rating; shares rally 4% to record high. Here’s what the brokerage said
Groww shares hit a new 52-week high. BofA Securities initiated coverage with a Buy rating. The brokerage sees strong growth potential for Groww. It expects revenue to grow at a 30% CAGR. Profitability is also projected to rise significantly. Groww leads the market with the most active clients. This positive outlook is boosting investor confidence in the retail brokerage platform.
Commercial property returns: High rentals continue from Khan Market to Karol Bagh, A-grade malls offer stable returns; check Bengaluru, Mumbai, Hyderabad, Chennai trends
Prime Delhi markets like Khan Market and Lajpat Nagar are commanding high commercial property rentals, a recent report reveals. While premium malls offer consistent returns, many brands are opting for high streets due to limited mall inventory. This trend is observed across major cities including Bengaluru, Mumbai, Hyderabad, and Chennai, with apparel and F&B sectors showing strong leasing activity.
Gold price today in Chennai: How much 24K, 22K gold is retailing at GRT Jewellers, VBJ, Kota Gold Jewellery on April 14, 2026?
Gold price today in Chennai (April 14, 2026): In Chennai too, gold prices were slightly up on Tuesday in line with the larger trend in India. As per the prices quoted by leading jewellery retailers in the city, the price of 24 karat gold was around Rs 15,404 per gram.
Fuel shock has mild impact on India's inflation, pressures may rise if West Asia conflict persists: Crisil
India's retail inflation has shown limited impact from the West Asia conflict's energy price surge, with government measures cushioning consumers. Despite rising global crude and gas prices, domestic inflation remained subdued in March, though future risks from prolonged conflict and weather conditions are noted.
7-Eleven to shut over 600 North American stores in 2026, prepares to shift towards food-focused formats
7-Eleven will close 645 North American stores by fiscal year 2026 as part of a strategic pivot to larger, food-focused locations. This move aims to modernize its retail footprint and compete with rivals offering enhanced dining experiences. The closures are part of a broader restructuring ahead of a planned IPO for its North American business.
I...P...Oh! Retail investors turn selective after listings misfire
Retail investors are shunning IPOs in early 2026, a stark reversal from previous years, as weak market conditions and tepid listings dampen enthusiasm. Many mainboard IPOs failed to fully subscribe their retail portions, with some seeing significant under-subscription.
Food, fuel prices push up March retail inflation to 3.4%
India's retail inflation climbed to 3.4 percent in March. Higher food and fuel costs are driving this increase. Experts predict inflation could reach 4 percent in April. This is due to ongoing global conflicts impacting energy prices. The Reserve Bank of India is closely watching these trends. Policymakers anticipate a pause in interest rate cuts.
Tesco partners with Adobe to ramp up AI‑driven personalised marketing
Tesco, Britain's largest food retailer, is joining forces with US software group Adobe. This collaboration will leverage artificial intelligence and Tesco's Clubcard data. The aim is to understand customer needs better and deliver more personalised marketing. This move is expected to enhance customer engagement and drive sales growth across Tesco's various platforms.
India’s March retail inflation quickens to 3.4% as US war on Iran disrupts global trade flows
In March, India's retail inflation ticked up to 3.4%, influenced by escalating tensions in the Middle East that are affecting global oil supplies. However, this increase remains comfortably within the target range set by the Reserve Bank of India. While the RBI is aware of external threats, it underscores the resilience of India's economy.
Trent vs DMart: Which retailer’s shares should you buy now?
Shares of Trent and Avenue Supermarts have outperformed the market, prompting investors to weigh growth versus stability. Trent offers higher expansion potential through Zudio but with volatility, while DMart provides steadier earnings and stronger downside protection, making it more appealing at current valuations.
Quebec hobby retailer pushes back against language law, warning rules drive niche products, and customers
Quebec hobby retailer Imaginaire is challenging strict French-language regulations, arguing they hinder local businesses by limiting product availability. The rules, requiring bilingual or French-only labeling, push customers to online competitors when French versions are unavailable, impacting sales. Owner Benoit Boyon seeks exceptions to protect both French and the hobby industry.
Malls, high-streets in NCR clock 45 pc rise in leasing of retail spaces in Jan-Mar: C&W
Retail space leasing in Delhi-NCR saw a significant 45% jump in the first quarter of this year. Nearly 6 lakh sq ft of space was leased, a notable increase from the previous year. Shopping malls led this demand, accounting for 64% of the total leasing. Delhi-NCR emerged as the top city for retail leasing activity in India.
Indian fuel retailers buy discounted diesel to avoid price hikes
Indian fuel retailers are purchasing diesel from refiners at discounted rates to cushion consumers from potential price hikes, an industry source said. The revised pricing mechanism is now linked to India’s crude import costs.
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