Oil India will change the narrative of its production in the next 18 months with ramped up infra, says Ranjit Rath

Oil India plans a big production boost in 18 months! Chairman Ranjit Rath said, "we will change the narrative [about OIL's production]." New infra, like the Duliajan feeder line, will help move more gas. They're also drilling 100 wells this year and expect Mozambique gas by late 2028.

SEBI proposes changes in price discovery mechanism for IPOs, re-listing stocks

SEBI wants to change how IPO and relisted stock prices are found. They think the current system might be messing with prices. SEBI said, "concerns about the current dummy price band system." This change aims for fairer prices and less artificial buying pressure right at the start.

Stocks to watch: Central Bank, Eicher Motors, Dalmia Bharat, Cryogenic OGS, others

The government is selling its stake in Central Bank of India, with shares offered at ₹31. Dalmia Bharat is buying cement assets for ₹2,850 crore. Eicher Motors and Volvo Group are forming a financial services joint venture. Exato Technologies got orders worth ₹24.57 crore, and Carysilnox expanded its steel sink production.

Rupee 'Bleeding Out'? Finance Chief Warns RBI: '100 is Just a Number'

Arvind Panagariya, head of the 16th Finance Commission, advised the RBI to let the rupee weaken instead of using reserves to defend it. He said, "100 is just a number," urging the central bank not to let the Rs 100-per-dollar mark dictate policy. He believes defending the rupee would drain reserves.

Oil prices gain as investors doubt breakthrough in US-Iran peace talks

Oil prices jumped on Friday because people aren't sure if US-Iran peace talks will work out. Worries about the Middle East and oil supply caused this. A source said, "no deal has been reached with the U.S." but things are getting closer. Still, the market is set for a weekly drop.

Dalmia Bharat seals Rs 2,850 crore deal for JAL cement assets after Adani insolvency takeover

Dalmia Cement is buying cement plants from Jaiprakash Associates for ₹2,850 crore. This deal, after Adani took over, will help Dalmia grow in central India. The company said it has "signed a deal to acquire key cement assets." This move boosts their capacity and gives them quicker access to new markets.

India considering steps to control CAD amid Rupee, export pressure: Piyush Goyal

India's looking at ways to fix its current account deficit because the rupee is falling and exports are down. Minister Piyush Goyal said, "We are monitoring the situation." The deficit grew, and the rupee weakened due to global issues like the Iran war. They've also raised import duties on gold and silver.

LIC profit rises 23% in March quarter on all-round show

LIC's profit jumped 23% in the March quarter to ₹23,467 crore, thanks to more premiums and better investment returns. Despite worries about global tensions, LIC is aiming for "double digit growth in new business premium income." They also recommended a ₹10 dividend per share.

Rupee moves up after 10 days on likely RBI intervention

The rupee finally bounced back on Thursday after 10 days of falling, thanks to the RBI stepping in with heavy dollar sales. Dealers said "the RBI must have sold $4-5 billion today," which helped the currency strengthen significantly. This move also came with talk that interest rates might go up to support the rupee.

Multi-asset funds reward tactical bets amid volatile market

Some multi-asset funds did really well, giving up to 24.6% returns! This happened because fund managers made smart choices about where to put money, especially in gold and silver. As one expert said, "tactically switch between asset classes" is key. It shows picking the right mix matters more than just being in the fund.