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Foreign investors are significantly reducing their stake in Indian equities, with FII ownership hitting a multi-year low. Concurrently, domestic institutional investors, particularly mutual funds fueled by SIPs, are increasing their holdings, absorbing much of the foreign selling and reshaping market ownership.

Persistent foreign fund outflows and the rupee sliding to record lows have further dampened sentiment, prompting investors to stay cautious and intensify selling across equity markets.

A distant Middle East conflict is now impacting Indian households, driving up costs for everyday essentials like LPG, cooking oil, and dry fruits. Furniture, electronics, and even paint are becoming pricier due to rising petrochemical and shipping expenses. Air travel and fuel prices are also climbing, with potential for further hikes as oil companies face significant losses.

Indian equity markets experienced a downturn Friday, with both Sensex and Nifty closing lower. Renewed military tensions near the Strait of Hormuz dampened investor sentiment, leading to profit-booking across various sectors. While IT stocks showed resilience, PSU banks were significantly impacted. Global markets also reflected cautious sentiment.

India holds one of the world’s largest privately owned stocks of gold. Bullion exchanges can be a strong pillar to invite that gold sitting idle in cupboards.

India's industrial production growth slowed to a five-month low of 4.1% in March, impacted by the West Asia conflict. Manufacturing output saw a marginal increase, though several key sectors experienced declines. Experts anticipate lingering global risks and supply chain disruptions to continue posing challenges to industrial activity.

Renowned for his strategic insight, Nitin Paranjpe has enjoyed a lucrative career spanning several decades at Unilever and HUL. Holding the title of non-executive chairman at HUL comes with board compensation, but his wealth is primarily a byproduct of his leadership in top executive positions and influential board roles over the years.

Indian consumer goods firms are grappling with soaring input costs, driven by the Middle East conflict. Companies are now tracking expenses daily and frequently adjusting prices, impacting long-term strategies. Executives fear higher prices could dampen consumer spending, which had recently shown signs of recovery. This volatility is forcing immediate, short-term decisions across various product categories.

Nadir Godrej will step down as Godrej Industries Group chair on August 13. His nephew, Pirojsha Godrej, will assume the role of GIG chair. Pirojsha will also chair Godrej Industries, the group's holding company. Nadir's son, Burjis Godrej, will become chair of Godrej Agrovet. This marks a significant generational leadership change within the prominent Indian conglomerate.

The Strait of Hormuz is a narrow stretch which is important for global trade flows, and is alone responsible for the transit of a fifth of the world’s oil supply. Asian economies like India and China source a big chunk of their crude oil, LPG, and LNG requirements via this strait.

A businessman and his grandfather were robbed of Rs 1 lakh at gunpoint in East Delhi. A family member pursued the assailants in a car, ramming their motorcycle. The accused fired in the air and abandoned the cash and weapon while fleeing.