India's merchandise trade gap saw a slight decrease to $20.7 billion in June 2025, primarily due to lower crude oil prices and reduced gold imports. Strategic sourcing, including increased oil purchases from Russia and the US, helped mitigate the impact of global commodity price fluctuations.
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Indian stock investors brace for a busy week, closely monitoring quarterly earnings from major companies. The potential results of India-US trade discussions and upcoming inflation figures will significantly influence market direction. Global market performance and foreign investor activity are also key factors. Analysts emphasize the importance of tracking both WPI and CPI inflation data during this crucial period.
Jensen Huang, Nvidia CEO, lauded China's AI contributions at a Beijing expo. He highlighted DeepSeek's efforts and China's rapid innovation. Nvidia will resume H20 chip sales to China after US assurances. This news boosted global tech markets, with Nasdaq reaching a record high.
Reliance Industries is prioritizing organic growth in India's quick commerce sector, foregoing acquisitions due to integration complexities and a robust existing customer base. The company leverages its retail stores and strategically located dark stores to meet demand, focusing on profitability and expanding beyond metropolitan areas.
Honda aims to capture 30% of India's two-wheeler market by 2030, recognizing the country's crucial role in its global growth strategy. The company sees significant potential in targeting female consumers, who currently represent only 10% of sales. While optimistic about electric vehicles, Honda acknowledges infrastructure challenges and plans a dedicated EV production plant in India by 2028.
BSE and NSE shares have plummeted due to the Jane Street controversy, regulatory actions, and declining derivatives volume, resulting in a significant market capitalization loss. BSE has entered a bear market, while NSE approaches a substantial reduction.
Cipla, a prominent drug manufacturer based in Mumbai, is set to enter the weight management market in India, according to MD and Global CEO Umang Vohra's FY25 annual report. The company is also focusing on expanding its influence within the central nervous system therapeutic area, aiming to strengthen its overall market position.
India's petroleum regulator, PNGRB, has mandated a uniform rate for piped natural gas (PNG) for all households, regardless of consumption. This directive addresses concerns that tiered pricing systems may encourage misuse of subsidized gas by commercial entities misclassified as domestic consumers.
Wall Street saw slight gains this Monday, staying close to record highs. Telecom giant Verizon led the way after strong earnings. Microsoft shares dipped due to a software patch. Block Inc joined the S&P 500. Steelmaker Cleveland-Cliffs rose, crediting Trump-era tariffs. Investors are watching upcoming earnings from companies like General Motors and Tesla.
The Union Ministry of Road Transport and Highways will change its approach. It will collaborate with states to set flexible targets for infrastructure projects. States can now choose projects based on their priorities and approvals. This aims to speed up project completion and avoid delays. The center has set targets for highway construction and asset monetization.
Wyndham Hotels & Resorts is significantly expanding its presence in India, aiming to become a top growth market with over 50 new properties planned. The company intends to introduce more of its global brands while strengthening existing ones like Ramada.