🗞️ Daily Business Brief – APR 06 2025
- FIIs / DIIs Flow FIIs net sold ₹8,167.17 crore in equities today, while DIIs net bought ₹8,088.70 crore (provisional).
- NSE to launch Platts-based crude oil futures in collaboration with S&P Global Energy.
- RBI proposes revamp of Business Correspondent model with tiered structure and standardised payouts to strengthen last-mile banking access.
- PDS Limited secures ₹450-crore sourcing mandate from major US value retailer via subsidiary GSCL.
- Godrej Consumer Products expects double-digit standalone sales growth in Q4FY26; Indonesia stabilising while GAUM business shows strong traction.
- Fino Payments Bank added ~7 lakh new accounts in Q4FY26; deposits touched record ₹2,950+ crore in March 2026.
- RBI Draft Branch Rules 2026 tightens branch definition with minimum 4 hours/day operations, mandatory signage, monitoring and grievance mechanisms.
- IRFC sanctions ₹1,000 crore term loan to MAHAGENCO, marking expansion beyond railway financing.
- Shyam Metalics stainless steel sales up 58.9% YoY and pellet volumes up 44.3% YoY in March update.
- Finance Minister says India’s debt-to-GDP ratio among lowest globally; forex reserves provide ~11 months import cover.
- Finance Ministry indicates fiscal space available for capex push, RBI rate cuts and additional fiscal support.
- Finance Minister states room exists for rate cuts in context of decade-long fiscal discipline (not linked to this week’s MPC meeting).
- RBI keeps FPI debt limits unchanged but raises ceilings to ₹15.52 lakh crore (Apr–Sept) and ₹16.33 lakh crore (Oct–Mar); merges VRR route with general route.
- NCR Real Estate enters structural upcycle driven by ₹5,000 crore sales momentum, wellness housing demand and Tier-2 expansion.
- Titagarh Rail Systems arm gets in-principle approval for ₹610 crore brownfield expansion at Falta under shipbuilding development scheme.
- CreditAccess Grameen retail finance share rises to 18%; asset quality normalised; opened 183 branches in FY26.
- Godrej Consumer Products Q4FY26 standalone business expected to deliver double-digit sales growth with strong non-soap portfolio expansion.
- Indian Railways approves ₹1,364.45 crore for Kavach deployment and signalling modernisation across zones.
- India Wind Energy FY26 capacity addition rises 46% YoY to 6.05 GW.
- PC Jeweller Q4 revenue rises 32% and debt reduced 23% as turnaround strategy gains traction.
- LPG Supply Update two Indian LPG carriers crossed Strait of Hormuz safely; domestic supplies remain adequate.
- Aurobindo Pharma CuraTeQ Biologics reports positive Phase-3 results for Omalizumab biosimilar BP11.
- Indian Refiners postpone maintenance shutdowns to meet strong domestic fuel demand; Nayara shutdown may impact LPG supply.
- MoPNG flags LPG import concerns; LNG supply raised to 90% for fertiliser sector to support output.
- Ride-Hailing Platforms seek GST clarity from Finance Ministry on SaaS model taxation; issue likely to be reviewed by GST Council.
- Iran–Hormuz Update Iran signals talks via Oman on safe passage protocol through Strait of Hormuz.
- Fertiliser Imports India issues tender to import 2.5 million tonnes of urea ahead of monsoon amid supply disruptions.
- Global Geopolitics US sets deadline on Iran proposal; Israel strikes multiple military assets across Tehran airports.
- Jubilant FoodWorks Q4 revenue rises 19.1% YoY to ₹25.06 billion; added 69 stores taking total count to 3,663.
- Deep Industries wins ₹59 crore ONGC order for natural gas compressor and dehydration services at Rajahmundry.
- Brigade Hotel Ventures partners with Hyatt for Grand Hyatt Chennai ECR and Hyatt House Bengaluru Devanahalli projects.
- Shipping Corporation of India Land & Assets signs MoU with Synergy Marine Singapore for maritime training and research collaboration.
- Keystone Realtors records FY26 pre-sales of ₹40.22 billion; Q4 pre-sales up 58% YoY with seven project launches.
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