one18
International Gemmological Institute | International Gemmological Institute reported a solid quarterly performance, with revenue rising 20.6% YoY to ₹319.6 crore in Q4CY25 from ₹265 crore a year ago. EBITDA grew 25.8% YoY to ₹191.4 crore, resulting in margin expansion to 59.9% from 57.4%. Profit after tax increased 18.3% YoY to ₹134.5 crore. Certification volumes grew 11% YoY to 3.21 million reports, with revenue growth driven by strong momentum in loose stone segments, including 45% growth in natural diamonds and 35% growth in lab grown diamonds.
Business
C
CNBC TV18•03-02-2026, 12:25

US-India Trade Deal Slashes Tariffs, Ignites Dalal Street Rally

  • •The US has reduced tariffs on Indian exports from 50% to 18%, making it the lowest US tariff for India among emerging markets.
  • •Following the announcement, BSE-listed companies saw a market capitalization increase of nearly ₹20 lakh crore.
  • •Textile and seafood exporters, including Gokaldas Exports, Welspun Living, Avanti Feeds, and Apex Frozen Foods, experienced surges of up to 20%.
  • •Brokerages like Jefferies view the deal as a significant positive for investor sentiment, supply chain flexibility, and a magnet for foreign capital.
  • •The agreement is expected to strengthen India's role in global supply chains and attract investment into manufacturing and technology sectors.

Why It Matters: A new US-India trade deal significantly cuts tariffs, boosting Indian exports and sparking a major stock market rally.

Read Full Article on Cnbc in English
✦

More like this

Loading more articles...