🗞️ Daily Business Brief – APR 14 2025
- IMF – India GDP Outlook India’s GDP growth projected at 6.5% for FY27 and FY28 (both +10 bps vs Jan estimates), supported by strong FY26 carryover momentum and lower incremental US tariffs on Indian goods.
- IMF – Global Growth Global GDP growth forecast at 3.1% for 2026 (−20 bps vs Jan estimate) and 3.2% for 2027 (unchanged).
- RailTel Bags new orders worth ₹564.6 crore from RVNL.
- US Federal Reserve (Kevin Warsh) Fed nominee discloses assets exceeding $100 million in ethics filing ahead of Senate confirmation process.
- Anand Rathi Shares Q4 profit more than doubled; revenue rose 28% YoY and NII increased 58%, led by strong lending and distribution performance.
- HAL & GE Aerospace Announce significant progress on F414 jet engine co-production after agreement on key technical matters.
- Saudi Arabia – Strait of Hormuz Urges US to roll back blockade and resume negotiations; oil exports restored near ~7 million barrels/day despite regional tensions.
- US–Iran Talks Reports indicate possible resumption of negotiations; Trump signals Iran “wants a deal badly”; UK and France reviewing shipping safeguards in Hormuz.
- 360 ONE Asset Secures ₹2,000 crore commitments for its PIPE investment strategy.
- LIC Board approves 1:1 bonus issue — first bonus share announcement since listing; record date yet to be declared.
- LG Electronics India Six-month lock-in expiry unlocks 441.2 million shares (~65% equity) for trading; stock remains above issue price.
- Bharat Coking Coal Around 59.4 million shares (~1% equity) become eligible for trading post lock-in expiry; stock trades above issue price.
- Hindustan Zinc Declared successful bidder for Jhandawali–Satipura potash and halite block in Rajasthan under critical mineral auction Tranche V.
- Samvardhana Motherson Labour protests in Noida and other regions have no material operational impact; company attributes issue to sector-wide wage-related misinformation.
- Dixon Technologies Confirms operations remain compliant with laws and unaffected materially by labour protests in Noida.
- Kalpataru Q4 FY26 pre-sales at ₹18.33 billion (+6% YoY); collections at ₹14.87 billion (+41% YoY).
- Vedanta Power Plant Boiler blast in Chhattisgarh results in 9 fatalities and ~40 injuries.
- India Auto Industry March two-wheeler sales rose 19.3% YoY as per industry body data.
- India Passenger Vehicles March domestic PV sales increased 16% YoY.
- Aditya Birla Real Estate Records bookings of ₹6.50 billion for Birla Trimaya Phase 4.
- Strait of Hormuz Shipping US-sanctioned tankers continue transit despite blockade tensions.
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