India’s Diamond, Gold and Silver Jewellery Exports Decline in FY25

India’s gems and jewellery exports have faced a significant decline in the financial year 2024–25. According to data released by the Gem & Jewellery Export Promotion Council (GJEPC), the total exports dropped by 11.72%, amounting to USD 28.5 billion (₹2.41 lakh crore), compared to USD 32.2 billion (₹2.67 lakh crore) in FY24.

Global Demand Weakens Due to Geopolitical Tensions

One of the primary reasons behind the slump is the continued dip in demand from India’s two biggest markets—China and the United States. According to GJEPC Chairman Kirit Bhansali, geopolitical tensions in these regions have negatively impacted consumer sentiment and purchasing power, leading to lower orders for Indian gems and jewellery.

The overall correction in rough diamond prices, which fell by 10–15%, has also contributed to the decline in export value, especially in the diamond segment.

March 2025 Shows Slight Improvement

Despite the overall annual decline, March 2025 showed a small sign of recovery. Exports for the month grew by 1.02% to USD 2.58 billion (₹22,340.89 crore), compared to USD 2.55 billion (₹21,228.71 crore) in March 2024. While this is a positive development, it remains to be seen whether this is the beginning of a sustained recovery or just a temporary uptick.

Segment-Wise Export Performance

The detailed export data for various segments in the gems and jewellery sector presents a mixed picture:

  • Cut and Polished Diamonds (CPD): This segment witnessed a steep decline of 16.75%, falling to USD 13.29 billion (₹1.12 lakh crore) from USD 15.97 billion (₹1.32 lakh crore) in FY24.
  • Lab-Grown Diamonds: Exports dropped by 9.64%, reaching USD 1.27 billion (₹10,716.13 crore) compared to USD 1.4 billion (₹11,612.36 crore) in the previous year.
  • Gold Jewellery: The decline here was minimal, with a marginal dip of 0.11%, totalling USD 11.21 billion (₹94,937.78 crore).
  • Silver Jewellery: This segment experienced a massive fall of 40.58%, with exports dropping to USD 961.79 million (₹8,115.32 crore) from USD 1.61 billion (₹13,424.4 crore).
  • Platinum Jewellery: Unlike the others, platinum jewellery exports grew by 11.79%, touching USD 182.75 million (₹1,547.3 crore), up from USD 163.48 million (₹1,354.41 crore).

Conclusion

While traditional strongholds like cut and polished diamonds and silver jewellery experienced notable declines, the resilience shown in segments like platinum jewellery and the slight recovery in March 2025 offer some hope.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Hero MotoCorp Leads Two-Wheeler Market in FY25 with 29% Share

Hero MotoCorp has successfully retained its position as the market leader in the Indian two-wheeler industry for the financial year 2024-25.

According to the latest data released by the Federation of Automobile Dealers Associations (FADA), the company sold a total of 54.45 lakh units, translating to a market share of 28.84%.

Robust Growth in Two-Wheeler Registrations

Despite increasing competition, Hero MotoCorp held firm to its top spot. Honda Motorcycle & Scooter India followed closely behind, with 47.89 lakh units sold, achieving a market share of 25.37%. TVS Motor Company secured third place, with 33.01 lakh units sold and a market share of 17.49%.

India’s two-wheeler market saw healthy growth over the last fiscal, with total registrations increasing by 8% year-on-year. A total of 1.89 crore two-wheelers were registered in FY25, compared to 1.75 crore units in FY24.

Passenger Vehicle Segment: Maruti Leads the Pack

In the passenger vehicle category, Maruti Suzuki India continued its stronghold with retail sales reaching 16.71 lakh units. This translates to a market share of 40.25%, maintaining its dominance despite a slight dip compared to 40.6% the previous year.

Hyundai Motor India retained the second position with 5.59 lakh units sold, but its market share slipped slightly from 14.21% to 13.46%. Tata Motors came in third, retailing 5.36 lakh units and securing a market share of 12.9%.

Mahindra & Mahindra also showed notable growth, selling 5.13 lakh units and boosting its market share to 12.34% from 10.79% the previous year.

Overall Auto Retail Growth in FY25

India’s overall automobile retail sales rose 6% in FY25, reaching 2.61 crore units. Interestingly, rural markets outperformed urban regions, especially in the passenger vehicle and two-wheeler segments a positive sign for broader market sentiment and demand.

Read more:India’s Auto Parts Market Set to Hit $145 Billion by 2030: NITI Aayog.

Conclusion

Hero MotoCorp’s ability to maintain its market leadership amid growing competition underlines its strong brand value and distribution network. With two-wheeler sales and overall auto retail on the rise, the industry outlook remains optimistic as both urban and rural demand continue to grow.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Will Two-Wheelers Be Banned in Delhi? Here’s What the New EV Policy Says

Delhi has been taking strong measures to tackle air pollution, and the new Delhi EV Policy 2.0 is the next step in its mission to clean up the city’s air.

A bold proposal in the draft suggests that, starting from August 15, 2026, no new petrol, diesel, or CNG-powered two-wheelers will be allowed to register in the capital. If implemented, this will be a game-changer for Delhi’s transportation sector, accelerating the transition to electric vehicles (EVs).

What’s in the Delhi EV Policy 2.0?

The Delhi EV Policy 2.0 draft is aimed at addressing the city’s air quality problems by phasing out fossil-fuel vehicles and promoting EV adoption. While the policy is still awaiting final approval, it outlines several key changes, including the ban on petrol two-wheelers.

  • Ban on Petrol Two-Wheelers: Starting August 15, 2026, the policy proposes that only electric two-wheelers will be allowed to register. This would be a part of the government’s larger push to reduce vehicular emissions and promote cleaner alternatives. The ban on petrol two-wheelers in Delhi would contribute to the city’s long-term goal of being more sustainable and reducing air pollution.
  • CNG Autorickshaws: In a similar effort to reduce emissions, the policy also proposes halting new registrations for CNG autorickshaws starting August 15, 2025. Furthermore, permits for existing CNG vehicles will not be renewed, and they will be replaced or retrofitted into electric versions.
  • Transition of Public Transport: The policy is also looking to electrify public service vehicles. All garbage trucks, solid waste carriers, and municipal vehicles operated by Delhi’s local bodies will have to transition to electric vehicles by December 31, 2027. Likewise, the city’s bus fleets will move entirely to electric vehicles, though BS-VI compliant buses will still be allowed for interstate routes.
  • Private Vehicles: Under the proposed policy, private car owners who already own two vehicles would only be allowed to buy new cars if they are electric. The shift is intended to encourage more eco-friendly choices among the residents of Delhi.

What Does This Mean for Petrol Two-Wheelers in Delhi?

If the Delhi ban on petrol two-wheelers is approved, it will be a major step towards reducing the city’s reliance on fossil fuels. The initiative is expected to significantly decrease the number of petrol-powered vehicles on the roads, which is a major contributor to the city’s air pollution.

The ban on petrol two-wheelers could also spark a wider transition to EVs in the capital. With no new fossil-fuel two-wheelers allowed after August 2026, residents will have to shift to electric two-wheelers.

Conclusion

While the Delhi ban on two-wheelers is still a draft, it highlights the city’s ongoing efforts to combat air pollution. The exact details of the policy may undergo revisions before it is officially approved, but the overall direction seems clear: Delhi is pushing for a future of cleaner, electric transportation.

As of now, the current EV policy has been extended for 15 days to allow for finalising the draft. Once finalised, the policy is expected to drive a wave of change in the city.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Glenmark, Sun Pharma, Zydus Recall Multiple Products in the US Over Quality Concerns

In a recent enforcement report published by the US Food and Drug Administration (USFDA), three major Indian drugmakers Glenmark, Sun Pharma, and Zydus have voluntarily initiated recalls of various medications in the US due to concerns over production quality and regulatory non-compliance.

Glenmark Recalls Over 25 Products

Glenmark Pharmaceuticals is recalling more than 25 pharmaceutical products from the US market. The decision stems from deviations from the USFDA’s Current Good Manufacturing Practice (CGMP) norms.

The recall involves medications produced by Glenmark Pharmaceuticals Inc., based in New Jersey. Among the affected products are widely prescribed medications.

The USFDA has categorised this as a Class II recall, which applies to products that may cause temporary or medically reversible adverse health consequences, with a low likelihood of serious health effects. The recall was initiated on March 13, 2025.

Sun Pharma Recalls Gabapentin Capsules

Sun Pharmaceutical Industries Inc., another New Jersey-based entity and subsidiary of India’s Sun Pharma, is recalling 13,700 bottles of Gabapentin capsules.

Gabapentin is used to manage and prevent seizures in patients with epilepsy. According to the USFDA, the recall classified as Class III was triggered due to concerns about possible cross-contamination during manufacturing. The recall began on March 4, 2025.

Class III recalls apply to products that are unlikely to cause adverse health consequences but still fail to meet manufacturing standards.

Zydus Recalls Antipsychotic Medication

Zydus Pharmaceuticals (USA) Inc. has recalled 3,144 bottles of Chlorpromazine Hydrochloride Tablets (USP 10 mg) — a medication commonly prescribed for psychiatric disorders like schizophrenia and bipolar disorder.

The recall was initiated due to CGMP deviations. Specifically, the batch contained levels of N-Nitroso-Desmethyl Chlorpromazine impurity exceeding the interim safety limits recommended by regulatory authorities. This is categorised as a Class II recall and began on April 3, 2025.

Conclusion

The recent recalls by Glenmark, Sun Pharma, and Zydus underscore the importance of strict adherence to global manufacturing and quality standards, especially when operating in regulated markets like the US.

While these recalls may raise short-term concerns, they also demonstrate the companies’ commitment to regulatory compliance and patient safety.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Brightcom Group Schedules EGM for April 30 to Discuss Capital Reduction

Brightcom Group Limited has announced that it will hold an Extraordinary General Meeting (EGM) on April 30, 2025, at 11:30 AM. The meeting will be conducted virtually via Video Conferencing (VC) and Other Audio-Visual Means (OAVM). The EGM will involve important decisions regarding the company’s financial structure and governance.

Key Resolutions on the Agenda

A significant resolution to be discussed is the proposed capital reduction, where the company aims to reduce its issued, subscribed, and paid-up share capital by cancelling 6,00,000 equity shares of ₹2 each.

This reduction is intended to reconcile the difference between the company’s issued and listed capital, with the aim of making the company’s capital structure more efficient.

The capital reduction is in compliance with Section 66 of the Companies Act, 2013, and will require confirmation by the National Company Law Tribunal (NCLT), along with other necessary approvals.

Ratification of Appointment of Independent Director

The shareholders will also vote on the ratification of Mr. Shrikant Gehlot’s appointment as an Independent Director for a term of five consecutive years.

Mr. Gehlot was appointed as an Additional Director (Independent) of the company on January 16, 2025, and this appointment now requires shareholder approval to formalise his position.

His ratification aligns with the company’s commitment to maintaining strong governance practices through independent oversight and guidance.

Why These Resolutions Matter?

The proposed capital reduction is an important step towards streamlining the company’s financial structure. By cancelling shares not backed by assets, Brightcom Group aims to reduce unnecessary capital and better align its balance sheet, which could lead to improved financial stability.

Ratifying Mr. Gehlot’s appointment as an Independent Director highlights the company’s focus on enhancing corporate governance. Independent directors play a vital role in ensuring that the company operates in a transparent and accountable manner.

Brightcom Group is addressing certain compliance issues, including pending financial disclosures and trading suspensions. However, it is actively working towards revocation of these suspensions and ensuring regulatory compliance.

Read more: What Does Brightcom Group Do?

Conclusion

The upcoming EGM reflects Brightcom Group’s continued efforts to optimise its capital structure and reinforce governance standards.

Shareholders will play a key role in shaping the company’s direction through these important resolutions, highlighting the significance of active participation in corporate decision-making.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Gold Prices Surge; Silver Prices See Marginal Drop on April 15, 2025: Check Rates in Your City

On April 15, 2025, gold prices saw an increase both in the domestic and international markets. In the international market, spot gold prices rose by 0.58%, reaching $3,228.07 as of 12:15 PM.

In the domestic market, gold prices also surged, with 24-carat gold rising by nearly ₹560. However, silver experienced a marginal drop of 0.13% in the domestic market, standing at ₹95,220 per kilogram.

Gold Prices Across Major Indian Cities on April 15, 2025

Here’s a breakdown of gold prices as of April 15, 2025, across major Indian cities:

City 24 Carat Gold (per 10gm in ₹) 22 Carat Gold (per 10gm in ₹)
Chennai ₹93,560 ₹85,763
New Delhi ₹93,130 ₹85,369
Mumbai ₹93,290 ₹85,516
Hyderabad ₹93,440 ₹85,653
Kolkata ₹93,170 ₹85,406

Silver Prices Across Major Indian Cities

Here is a breakdown of the silver prices across major Indian cities as of April 15, 2025

City Silver Rate in ₹/kg
Chennai ₹95,220
New Delhi ₹94,780
Mumbai ₹94,950
Hyderabad ₹95,100
Kolkata ₹94,830

Read more: How to Avoid Frauds in Dubai Gold Souk When Buying Gold.

Conclusion

On April 15, 2025, gold prices saw a notable rise in both international and domestic markets, while silver experienced a slight dip. This shift highlights ongoing investor interest in gold, despite the minor drop in silver prices.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bank Nifty Jumps 2.6% as HDFC Bank, ICICI Bank Lead the Surge on April 15

The Nifty Bank index witnessed a sharp uptick in today’s session, climbing 1,351.85 points or 2.65% as of 11:50 AM. The index traded in the range of 51,863.30 to 52,386.50, building on positive momentum amid strong buying in heavyweight banking stocks.

Seasonality Backs April Momentum

April continues to live up to its reputation of being a historically favorable month for the banking index. A seasonality analysis reveals that 13 out of the last 17 years have seen positive returns in April for Nifty Bank.

  • Max Positive Change: +24.14% (April 2009)
  • Avg Positive Change: +6.17%
  • Max Negative Change: -2.18% (April 2019)
  • Avg Negative Change: -1.60%
  • Average Change Overall: +4.34%

These numbers reflect a clear trend of investor optimism during this time of the year, aligning with Q4 earnings season and policy cues.

Key Contributors

The index’s rally today was largely driven by strong gains in frontline private banks:

  • HDFC Bank surged 3.61% to ₹1,872, contributing 725.84 points, the highest among index constituents.
  • ICICI Bank rose 2.72% to ₹1,347.30, adding 371.62 points to the index.
  • Axis Bank followed with a 3.84% jump to ₹1,110, contributing 171.46 points.

Together, these three banks accounted for over 75% of the day’s move in the Nifty Bank index, underlining their influence and strong investor interest.

Bank Nifty Outlook

With Bank Nifty now trading closer to the upper end of its 52-week range (46,077.85 – 54,467.35), market participants will be closely tracking corporate earnings and macroeconomic indicators to gauge sustainability of this rally.

Read More: Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More.

Conclusion

The Bank Nifty’s sharp rise on April 15, supported by heavyweight performers like HDFC Bank, ICICI Bank, and Axis Bank, aligns with its historically strong April seasonality.

While the index approaches its 52-week high, the current momentum highlights strong investor confidence in the banking space. Continued developments in earnings and economic indicators will be key areas of focus moving forward.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Reliance Power Shares Gain for 2nd Straight Day as Strategic Debt Reduction Boosts Outlook

Reliance Power Ltd (BSE: RPOWER) shares traded positively on April 15, 2025, climbing 4.65% to ₹41.90 as of 10:18 AM. The stock opened at ₹40.06, matching its previous close, and surged to an intraday high of ₹42.25.

With a volume-weighted average price (VWAP) of ₹41.57, the stock showed strong upward momentum within its 20% daily price band, which ranges from ₹32.04 to ₹48.04.

This upward movement comes amid improving investor sentiment and follows a recovery from its 52-week low of ₹23.26, though still below its 52-week high of ₹54.25.

Reliance Power Debt Reduction and Profit Boost

As per news reports a recent strategic developments signal a turnaround for the company. Previously burdened by heavy debt from aggressive expansion plans and hampered by delays, governance issues, and coal supply challenges, the company is now showing signs of recovery.

A key driver of this shift has been its ongoing efforts to pare down debt—most notably after the sale of Reliance Capital to IndusInd International Holdings (IIHL).

Reliance Power Q2 FY25

In the September 2024 quarter, Reliance Power posted a net profit of ₹2,878 crore, primarily due to an exceptional gain of ₹3,000 crore from the deconsolidation of its subsidiary, Vidarbha Industries Power Limited (VIPL).

Read More: NTPC to Add 30 GW Thermal Power by 2031-32 Amid Rising Demand.

Conclusion

Reliance Power’s recent share price movement, coupled with updates on its debt reduction and financial reporting, has drawn attention from market participants. The company’s actions, such as deconsolidation and asset sales, reflect ongoing changes in its financial strategy.

These developments, along with recent quarterly disclosures, remain points of interest for those tracking the company’s performance.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Jio Financial Shares in Focus: Board to Discuss Q4 Results and Dividend on Apr 17

Jio Financial Services (NSE: JIOFIN), part of Mukesh Ambani’s Reliance Group, is preparing to announce its Q4 FY25 results on April 17, 2025. This event is highly anticipated as it will not only include the financial performance for the fiscal year 2024-25 but also mark the company’s first-ever final dividend for its shareholders.

Board Meeting Schedule Details

The meeting of the Board of Directors at Jio Financial Services is scheduled for April 17, 2025, during which the company will discuss and approve both its standalone and consolidated audited financial results for the year ending March 31, 2025.

This marks an important milestone as the company is expected to disclose its first-ever dividend, offering a positive sentiment to investors.

Audited Financial Results to be Disclosed

The company’s management will provide both standalone and consolidated results, shedding light on the operational and financial health of the business, including key financial metrics such as revenue, profit margins, and other indicators.

Alongside the results, Jio Financial Services will also close its trading window from April 1 to April 19, 2025, as part of regulatory compliance, restricting insiders from trading during this period.

Q3 FY25 Results Overview

Jio Financial Services had already reported its Q3 FY25 results in December, which saw a modest increase in profit and revenue. However, the quarterly profit had seen a notable dip from the previous quarter, partly due to the fluctuation in revenue streams and changes in the assets under management (AUM).

Share Price Performance

On April 15, 2025, shares of Jio Financial Services Limited were trading higher at ₹233.40 at 9:55 AM on the NSE, marking a 1.47% gain or ₹3.38 over the previous close of ₹230.02. The stock opened strong at ₹235.90 and reached an intraday high of ₹235.94 before dipping to a low of ₹232.60.

Read More: Upcoming Dividends in April 2025: Varun Beverages, RailTel Corp, MSTC & More.

Conclusion

Investors and market participants will be keenly monitoring the outcome of the meeting on April 17, 2025, for further updates on the company’s performance and future outlook.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Bonus, Stock Split and Dividend This Week: Mazagon Dock, Sanofi Consumer and More

This week features several notable corporate actions that investors should keep an eye on. From interim and final dividend declarations to significant stock splits, understanding these developments can help investors make timely portfolio decisions.

Upcoming Dividend Issue This Week

Company Dividend Ex-Date
Hexaware Technologies Ltd ₹5.75 (Interim) 15-Apr-25
Mazagon Dock Shipbuilders Ltd ₹3.00 (Interim) 16-Apr-25
Sanofi Consumer Healthcare India Ltd ₹55.00 (Final) 17-Apr-25

Upcoming Stock Split This Week

Company Split Ratio Ex-Date
Kapil Raj Finance Ltd 10:1 (From ₹10 to ₹1) 15-Apr-25
AkmeFintrade (India) Ltd 10:1 (From ₹10 to ₹1) 17-Apr-25

As of April 15, 2025, no bonus share corporate actions are scheduled for execution during the current trading week.

Eligibility for Corporate Actions This Week

1. Hexaware Technologies Ltd 

Hexaware has declared an interim dividend of ₹5.75 per share. Investors must hold the stock before April 15, 2025, to be eligible for the payout.

2. Mazagon Dock Shipbuilders Ltd 

Mazagon Dock is offering an interim dividend of ₹3 per share. The ex-date for eligibility is April 16, 2025.

3. Sanofi Consumer Healthcare India Ltd

Sanofi Consumer Healthcare has announced a final dividend of ₹55 per share. Shareholders must own the stock before April 17, 2025, to receive the dividend.

4. Kapil Raj Finance Ltd

Kapil Raj Finance has approved a 10:1 stock split, changing the face value from ₹10 to ₹1. Investors must own shares before the ex-date of April 15, 2025, to be eligible for the split.

5. Akme Fintrade (India) Ltd

Akme Fintrade will undergo a 10:1 stock split effective April 17, 2025. Shareholders need to own the stock before this date to receive the split benefit.

Conclusion

This week marks several key corporate events, with dividend declarations and stock splits from companies like Hexaware Technologies, Sanofi Consumer Healthcare, and Akme Fintrade. Investors should note the respective ex-dates to ensure they qualify for these corporate benefits.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.