National protein market growth quadruples: 40% growth in tier-2 cities, protein supplement market worth ₹7,461 crore, faster growth than FMCG

National protein market growth quadruples: 40% growth in tier-2 cities, protein supplement market worth ₹7,461 crore, faster growth than FMCG

Sales of protein products are growing rapidly in India. Data from Amazon India shows that the protein and nutrition portfolio grew by 35%, while the general FMCG sector grew by only 9%. IMARC estimates that India's protein supplement market was worth ₹7,461 crore in 2024, and is expected to reach ₹13,186 crore by 2033. Sales of premium protein supplements (priced…
Vertex’s market cap doubles to 11 lakh crore in 5 years: The company’s success is achieved under the leadership of Mumbai-based Reshma, who is among the world’s 100 most powerful women.

Vertex’s market cap doubles to 11 lakh crore in 5 years: The company’s success is achieved under the leadership of Mumbai-based Reshma, who is among the world’s 100 most powerful women.

It was 1988. An 11-year-old girl from Mumbai arrived in Long Island, USA, with her parents. Their belongings were few, but their dreams were many. The family settled in a small apartment. The girl's name was Reshma Kewalramani. Today, Reshma is the first female CEO and president of a major public biotech company in the US. Recently, the prestigious Time…
Fino Bank’s clarification on CEO’s arrest: GST evasion case involving partner company; shares closed flat after 15% decline

Fino Bank’s clarification on CEO’s arrest: GST evasion case involving partner company; shares closed flat after 15% decline

Regarding the arrest of Fino Payments Bank MD Rishi Gupta, the bank stated that the matter is not related to the bank's operations or tax compliance. It is part of an ongoing investigation against external partner companies. GST Intelligence arrested Rishi Gupta on February 27th. This is the largest action against tax evasion in the country since the ban on…
South Korea market falls 7% due to Israel-Iran war; Japan’s Nikkei falls 3%; Indian markets close; crude oil rises 13% in two days

South Korea market falls 7% due to Israel-Iran war; Japan’s Nikkei falls 3%; Indian markets close; crude oil rises 13% in two days

Asian stock markets are trading mixed today, March 3rd, amid the US-Israel-Iran war. Indian stock markets are closed today for Holi. Crude oil prices have risen 13% in two days. Brent crude prices have risen by more than 3% today, crossing $80 per barrel. Yesterday, it rose by 10%. This means it has risen by more than 13% in two…
India has only 25 days of oil left: Import routes closed amid the Israel-Iran war; the government is looking for new suppliers.

India has only 25 days of oil left: Import routes closed amid the Israel-Iran war; the government is looking for new suppliers.

Amidst rising tensions in West Asia and the Iran-Israel war, India now has only 25 days of crude oil and refined oil reserves. News agency ANI provided this update regarding the country's energy security, citing government sources. However, the government will not raise petrol and diesel prices immediately. Iran has announced the closure of the Strait of Hormuz. The Iranian…
Silver fell by ₹20,000, gold by ₹7,000: 1 kg silver rose to ₹2.58 lakh, 10 g gold to ₹1.59 lakh; prices fell due to profit booking in the futures market.

Silver fell by ₹20,000, gold by ₹7,000: 1 kg silver rose to ₹2.58 lakh, 10 g gold to ₹1.59 lakh; prices fell due to profit booking in the futures market.

Gold and silver prices have fallen due to profit booking in the futures market (MCX). On March 3, silver fell by about Rs 20,000 (7%) in the futures market. The price of 1 kg silver has come down to Rs 2.58 lakh. On Monday it was Rs 2.78 lakh. Gold has also fallen by about Rs 7,000 (4%). 10 grams…
Gold prices rise by ₹8,000 today due to the US-Iran war: 10 grams cost ₹1.67 lakh; silver rose by ₹23,000 to ₹2.90 lakh.

Gold prices rise by ₹8,000 today due to the US-Iran war: 10 grams cost ₹1.67 lakh; silver rose by ₹23,000 to ₹2.90 lakh.

Gold and silver prices rose today, March 2nd, due to the US-Israel-Iran war. According to the India Bullion and Jewelers Association (IBJA), 10 grams of 24-carat gold rose by ₹8,000 to ₹1.67 lakh. Previously, its price was ₹1.59 lakh per 10 grams. Similarly, one kilogram of silver rose by ₹23,000 to ₹2.90 lakh. Previously, its price was ₹2.67 lakh per…
Air India Express MD Alok Singh resigns; completes five-year term; merger with AirAsia India took place under his leadership

Air India Express MD Alok Singh resigns; completes five-year term; merger with AirAsia India took place under his leadership

Major changes are afoot at Tata Group's budget airline, Air India Express (AIX). Alok Singh, the airline's Managing Director (MD), will step down upon the completion of his term on March 19th. He announced his resignation in a message to staff on Monday. It was under Singh's leadership that Air India Express completed the merger of AirAsia India (now AIX…
India to increase crude oil purchases from Russia again: 9.5 million barrels eyed; supplies from the Strait of Hormuz halted amid Iran-Israel conflict

India to increase crude oil purchases from Russia again: 9.5 million barrels eyed; supplies from the Strait of Hormuz halted amid Iran-Israel conflict

Following the Iran-Israel conflict in the Middle East and the disruption of oil supply chains, India has once again turned to Russia. According to a Bloomberg report, India is planning to increase its crude oil purchases from Russia to meet its oil needs. Oil supplies through the Strait of Hormuz have virtually halted in recent days, prompting officials from government…