In a circular issued Monday, the regulator modified stress testing requirements that determine the size of the Core Settlement Guarantee Fund maintained by clearing corporations.
Hard Rock International has closed 10 Indian cafes after terminating its agreement with JSM Corporation Pvt. The move affects major cities including Bengaluru and Delhi, though the Goa hotel remains unaffected.
Traders attributed the fall in bullion prices to profit-booking and a shift in safe-haven demand toward the US dollar and bonds, as crude oil prices surged amid geopolitical tensions in West Asia.
LPG shortages in Bengaluru have sparked demand for Ashok Urs' Rs 3,000 'rocket stove'. Originally for rural use, the insulated biomass stove offers a low-fuel, high-heat solution for eateries during the ongoing energy crisis.
Small- and mid-cap stocks have seen sharp volatility as geopolitical tensions rattle markets. With valuations shifting after the selloff, investors now face a key question about positioning.
Motilal Oswal notes that while the company's core bakery segment is performing well, domestic biscuits and the QSR business are likely to remain relatively softer, clocking high single-digit growth over the next two-three years.
