Tarique Rahman, acting chairman of the BNP, has returned to Bangladesh after 17 years in exile, ahead of the February 12 parliamentary elections. His arrival reshapes the political landscape following Sheikh Hasina's ouster and amid ongoing political violence. India is closely monitoring these developments due to regional implications.
The military has framed the polls as a return to multi-party democracy, likely seeking to add a facade of legitimacy to its rule, which began after the army four years ago ousted the elected government of Aung San Suu Kyi.
Hindustan Zinc's stock has hit an all-time high, fueled by a global surge in silver prices. This increase is attributed to heightened industrial demand, a rush for safe assets, and tightening supply chains worldwide. Industries such as solar energy and electric vehicles are significantly driving this demand.
Saudi Arabia is set to implement a stringent new law targeting counterfeit pesticides, proposing jail terms of up to five years and SR10 million fines for serious violations. The regulation aims to protect public health and the environment, with authorities empowered to act decisively against offenders, including repeat violators.
Despite Nifty hitting record highs, Indian portfolios face pressure due to weak market breadth and stock corrections. However, strong macro fundamentals like robust GDP growth and improving earnings visibility position India well for 2026, with key sectors like financials and auto expected to lead.
Ola Electric Mobility shares surged after the company secured a Rs 366.78 crore incentive under the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components for FY 2024-25. This significant sanction from the Ministry of Heavy Industries underscores Ola Electric's manufacturing prowess and commitment to advancing EV technology in India.
Gold prices have reached an all-time high in early Asian trading. This surge is driven by investors seeking safe havens for their money. Expectations of further interest rate cuts by the U.S. Federal Reserve are also contributing to the rise. Spot gold saw a significant increase, touching a new peak. This development is closely watched by markets.
