Gold is experiencing a healthy consolidation after a retail-driven buying spree, particularly in India, China, and the US, according to Jefferies. While demand has cooled, evidenced by a sharp drop in Indian gold imports, the mining sector shows robust fundamentals. Companies are prioritizing shareholder returns over expansion, with strong cash flows expected, suggesting continued sector…

India’s T&D sector is poised for significant growth, driven by nearly Rs 9 trillion in planned investments through 2032. Despite a recent slowdown in new project orders due to manufacturing constraints, the sector remains robust, fueled by renewable energy expansion and strong domestic and global demand.

Food inflation, based on the All India Consumer Food Price Index (CFPI), was 3.87% (provisional) for March 2026 on a year-on-year basis. The rate was slightly higher in rural areas at 3.96%, compared to 3.71% in urban regions.

India’s economy is set for robust growth, projected at 6.4% in 2026 and 6.6% in 2027, according to a UN report. Despite export challenges, strong domestic consumption and services sector performance are key drivers. The nation is also a leader in green job creation, with policies supporting domestic manufacturing in clean energy sectors.

The central issue, however, was whether the earlier maintenance order stood extinguished because the High Court had observed that prior payments would constitute permanent alimony. The Court held that this question could not be answered in a blanket manner.

The US has imposed up to 100% tariffs on patented drugs and certain metals, aiming to boost domestic manufacturing. While India’s generic drug exports are largely exempt, firms producing branded medicines or inputs for patented drugs may face pressure. Developed nations are expected to bear the brunt of these new measures.

Nvidia’s stock hit a record high, surpassing $5 trillion in market value, driven by immense investor confidence in artificial intelligence chips. This surge follows strong performance from other chipmakers and a broader tech sector rebound, despite earlier concerns. With AI demand showing no signs of slowing, Nvidia remains a key player in the global race.