RBI sold GOLD worth more than Rs 1,00,000 crore. Yes, more than 1 lac crores of Gold sold to defend the Rupees.
Report from Bloomberg suggests that Gold Sales and Dollar sales part of RBI strategy to keep our INR currency stable.
Comments from RBI awaited.
More SIPs are being stopped than started.
The SIP stoppage ratio crossed 100% in April 2026, while fresh investor additions fell to a 3-year low. Despite the slowdown, overall SIP inflows remain resilient.
Investors SIP Down on Slippery Street!
Fresh SIP registrations hit a 3-year low. Many investors are stopping their monthly investments due to poor market returns.
Nifty returns:
-5.4% in last 1 year
Only +1.9% in 2 years
SIP stoppage ratio is rising fast.
https://t.co/Zjy4My5RdO
Google which is cash surplus, just announced an additional capital raise of $80 bn.
Google annual profit is $160 bn, last quarter $62 bn, and market cap $4.5 trillion. That is close to total profits and market cap of all Indian listed companies put together.
It’s a wake up call to all companies to invest into the future, whatever the present maybe.
Now that IPL is done and dusted, time for India to focus on business of business.