Purbalee Dutta

109 Posts
Shoppers Don’t Mind, Gig Workers Happy

Shoppers Don’t Mind, Gig Workers Happy

In India’s rapidly expanding quick-commerce sector, the promise of “10-minute delivery” came to represent extreme convenience driven by nearby dark stores and streamlined logistics. However, as Blinkit drops this claim following intervention by the Labour Ministry, the focus is shifting amid growing concerns over the safety and well-being of gig workers. A delivery rider, who participated in a nationwide strike, said strict time expectations often led to customer harassment and risky behaviour on the road. He recalled being pressured during delays and even meeting with an accident due to constant calls from customers. The government’s intervention, he said, has brought…
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Senco Gold, Kalyan Jewellers shares jump up to 14% after strong Q3 business updates

Senco Gold, Kalyan Jewellers shares jump up to 14% after strong Q3 business updates

The shares of Senco Gold and Kalyan Jewellers India jumped in trade on January 7 after the companies released strong business updates for the third quarter of the financial year 2026. Senco Gold shares rallied 14 percent to Rs 368.4 apiece, while Kalyan Jewellers India shares jumped 7 percent to Rs 535 apiece. Senco Gold Q3 update: Senco Gold released its Q3 business update in the post market hours of January 6. The company recorded a 51 percent year-on-year (YoY) growth in the October-December quarter of the ongoing FY26. This takes the total growth to 31 percent in the first nine…
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NALCO share price jumps 4%

NALCO share price jumps 4%

Shares of National Aluminium Company (NALCO) jumped over 4% to ₹344.85 apiece, a fresh 52-week high, on the NSE in Tuesday's trading session after global aluminium prices rallied to a new record level. Aluminium prices surged past $3,000-per-tonne at LME amid constrained supply, with limits on smelting capacity in China and output curbs in Europe stemming from high power costs, tightening global inventories. Meanwhile, demand remains resilient, underpinned by steady consumption from the construction and renewable energy sectors, according to a Bloomberg report. Since NALCO is a major aluminium producer in India, a rise in prices can improve the topline of the company.…
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Sensex falls 300 points, Nifty 50 ends at 26,250 after US strikes Venezuela

Sensex falls 300 points, Nifty 50 ends at 26,250 after US strikes Venezuela

The Indian stock market ended lower on Monday, 5 January, despite positive global cues as investors booked profits in select heavyweights amid increased geopolitical tensions after the US military attacked Venezuela and captured Venezuelan President Nicolas Maduro and his wife. However, the US attacks on Venezuela did not deal any significant blow to global markets. In Asia, Japan's Nikkei and Korea's Kospi jumped over 3% each, while China's Shanghai Composite rose by over 1%. In Europe, Germany's DAX rose by over a per cent. The UK's FTSE and France's CAC 40 were in the green when the Sensex closed. The…
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Warren Buffett says ‘I’d rather have Greg Abel handling my money’ as Berkshire Hathaway begins new era

Warren Buffett says ‘I’d rather have Greg Abel handling my money’ as Berkshire Hathaway begins new era

Billionaire Warren Buffett said Berkshire Hathaway is stronger than any other company to weather the long run, following the handover of leadership to Greg Abel after six decades under the famed “Oracle of Omaha.” Here's what Warren Buffett said about Greg Abel— “It has a better chance I think of being here 100 years from now than any company I can think of,” Buffett told CNBC on Friday. Buffett added, Greg will be the decider," Buffett said. I “can't imagine how much more he can get accomplished in a week than I can in a month....I'd rather have Greg handling my money…
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Cupid shares crash 20% to hit lower price band amid high volumes

Cupid shares crash 20% to hit lower price band amid high volumes

Over 39 lakh shares of Cupid had changed hands on the BSE as of 2.45 pm, much higher than the two-week average of 5.03 lakh shares. On NSE, 221.59 shares were traded. There were only sell orders for 58 lakh shares on both exchanges combined. Cupid shares had opened at ₹526 as against the last closing price of ₹524.90. It soon tumbled to the day's low of ₹419.95 — its 20% lower price band. There was no apparent fundamental trigger behind the crash in Cupid shares. The last exchange filing shared by the company is on December 29, wherein it announced setting up…
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Sensex, Nifty 50 end flat amid lack of fresh triggers

Sensex, Nifty 50 end flat amid lack of fresh triggers

The Indian stock market ended flat on Tuesday, 30 December, as investors kept their bets low amid a lack of fresh domestic triggers and mixed global cues. The Sensex ended at 84,675.08, slipping 20 points, or 0.02%, while the Nifty 50 closed the day 3 points, or 0.01%, lower at 25,938.85. The BSE Midcap index slipped 0.05%, while the Smallcap index dropped by 0.20%. The domestic market is witnessing stock-specific action, which is keeping the indices range-bound. On Tuesday, benchmark indices ended flat as gains in shares of select heavyweights, including Mahindra and Mahindra, Bharti Airtel, Axis Bank, and SBI,…
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Silver rate today in India!

Silver rate today in India!

Silver continues to lead gains in the bullion market, climbing to a fresh all-time high of $79.67 per ounce on COMEX for the March 2026 contract. This marks a jump of nearly 190% from its 52-week low of $27.545 per ounce. In the domestic market, silver prices on the MCX also scaled new heights, touching ₹2,39,397 per kilogram on Friday. Market analysts attribute the strong upward momentum in silver prices to a major structural change that is tightening the gap between demand and supply. Experts believe this shift is still unfolding and expect silver prices to potentially move toward the…
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Are US stock markets closed on Christmas Eve?

Are US stock markets closed on Christmas Eve?

US investors are adjusting their plans after President Donald Trump announced that December 24 and December 26 will be observed as federal holidays. This raised questions about whether US stock exchanges would suspend trading on Christmas Eve. Despite the executive order, the US stock market will remain open on December 24. Both the New York Stock Exchange and Nasdaq have confirmed that trading schedules will not change, even though federal offices will be closed. However, markets will operate for a shorter session. On Christmas Eve, trading on the NYSE and Nasdaq will end early at 1:00 pm Eastern Time, instead…
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Ambuja Cements effects mega merger in bid to streamline operations

Ambuja Cements effects mega merger in bid to streamline operations

Billionaire Gautam Adani is consolidating his cement businesses into a single structure to streamline operations and better compete with market leader UltraTech Cement in India’s fast-consolidating infrastructure sector. Ambuja Cements’ board has cleared the merger of ACC Ltd. and Orient Cement Ltd. into Adani Cements, according to a stock exchange filing dated December 22, 2025. The move creates a unified “One Cement” platform, addressing overlaps that remained after Adani Group acquired Holcim’s India operations in 2022. The consolidation also brings Sanghi Industries and Penna Cement—both recent acquisitions—under the same umbrella. Following the merger, Adani Group’s holding in Ambuja Cements will…
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