Gold prices have surged past Rs 1 lakh per 10 grams, leading to concerns over potential short-term demand disruptions. However, experts remain optimistic about the market outlook, driven by significant events like Akshaya Tritiya and the ongoing wedding season. While the sudden rise in prices may dampen immediate consumer demand, experts predict the market will stabilize as consumers adjust. The demand for gold has remained strong despite price fluctuations, as reflected in recent import data.

Shiprocket, an IPO-bound logistics and e-commerce firm, has announced a strategic partnership with CriticaLog, a specialized logistics company. This collaboration marks Shiprocket's entry into the premium shipping category, focusing on high-value goods such as gold and diamond jewellery. By leveraging CriticaLog’s expertise in time-sensitive shipments and Shiprocket’s advanced logistics technology, the partnership aims to provide reliable shipping solutions for India's growing gems and jewellery sector.

SBI General Insurance has reported a significant increase in net profit, rising to Rs 509 crore for the 2024-25 financial year, more than double the Rs 240 crore recorded in the previous year. The company, a non-life insurance subsidiary of State Bank of India (SBI), also posted strong growth in its gross written premium (GWP), which rose by 11%, reaching Rs 14,140 crore. Additionally, the company maintained a robust financial position with a solvency ratio of 2.03, well above the regulatory requirement of 1.50, underlining its strong financial stability.

ICL Fincorp, a prominent gold loan financier, has announced plans to raise Rs 100 crore through a public issue of secured, redeemable Non-Convertible Debentures (NCDs). This latest offering, which will open on April 25, 2025, and close on May 9, 2025, marks the company's fifth series of NCD issues. The instruments, carrying a Crisil BBB-stable rating, offer attractive returns for investors with effective yields reaching up to 13.01%. The funds raised will be used for business growth, including onward lending, repayment of existing borrowings, and general corporate purposes.

India's economic growth forecast for the fiscal year 2025-26 has been downgraded by international agencies, reflecting a backdrop of escalating global trade tensions and potential recessions in key markets. Despite these challenges, India remains poised to be the fastest-growing major economy. Projections now range between 6.2% and 6.7%, down from earlier estimates. While the US economy's slowdown and China’s diminished growth are contributing factors, India’s resilience continues to attract attention.

Ola Group, a conglomerate spanning ride-hailing, electric vehicles (EVs), and artificial intelligence (AI), has emerged as a dominant force in India's intellectual property (IP) landscape. Holding over 50% of all patents filed by India's 117 unicorns, Ola is reshaping the country's tech innovation sector. The company’s commitment to deep-tech innovation is reflected in its extensive patent portfolio, particularly in the electric vehicle sector.

Global venture capital firm Accel has announced the promotion of Rachit Parekh and Pratik Agarwal to the position of partner at its India office, marking a key step in the firm’s strategy of growing leadership from within. Both have played vital roles in sourcing investments, supporting founders, and enhancing the firm’s portfolio since joining in 2019. The move comes as Accel deepens its commitment to investing in innovative sectors such as artificial intelligence, digital infrastructure, and fintech.

In a strategic policy shift aimed at reinforcing the domestic steel industry, the Indian government has implemented a 12% provisional safeguard duty on imported flat steel products. This move targets a surge in low-priced imports—predominantly from China, South Korea, and Japan—that have significantly disrupted the local market. The measure, valid for 200 days, follows a detailed investigation by the Directorate General of Trade Remedies (DGTR), which confirmed substantial injury to Indian producers.

As it nears its centenary, homegrown FMCG conglomerate Dharampal Satyapal Group (DS Group) has outlined a bold vision to double its turnover to Rs 20,000 crore by FY29. With a sharp pivot toward food, beverages, and hospitality, the group is realigning its strategy away from its traditional tobacco roots. DS Group Vice-Chairman Rajiv Kumar detailed plans for a cumulative investment of up to Rs 3,000 crore, with Rs 1,000 crore earmarked for expanding its hotel footprint and Rs 2,000 crore dedicated to marketing and distribution.

Beginning April 22, 2025, the Indian government has enforced a 1% Tax Collected at Source (TCS) on high-end luxury goods priced above Rs. 10 lakh. This policy, introduced under the Finance Act, 2024, aims to bolster tax compliance, monitor discretionary spending, and expand the formal economy. The new TCS requirement places compliance responsibility squarely on sellers of premium items such as luxury handbags, wristwatches, designer footwear, yachts, art objects, and more.