Luxury cars and jewellery have emerged as the top two avenues of luxury consumption among Ultra High Net-worth Individuals (UHNIs), according to a report by Nuvama.
Ongoing restrictions on Russian crude and refined product flows, coupled with an oversupplied global oil market, are expected to keep crude prices subdued while supporting refining margins, a trend that has direct implications for state-run oil marketing companies IOC, BPCL and HPCL, accordi
The trade deficit of the country is likely to settle around current levels of November in the near to medium term, with a weaker rupee expected to help keep the gap between exports and imports under control, according to a report by Nuvama.
The domestic electricity demand remained broadly flat in November 2025 as winter temperatures stayed similar to last year, leading to muted consumption and comfortable supply conditions across the country, highlighted a report by Nuvama.
The report highlights that fertilisers are expected to account for about 51% of India's hydrogen demand by 2030, followed by refining at 38% and petrochemicals at 11%. New demand from sectors such as steel, long-haul transport, shipping and power generation is likely to emerge beyond 2030 as
Indian companies look financially stronger after the Covid period, but they are struggling to find new growth opportunities because demand in the economy remains weak, according to a report by Nuvama.
Hydrogen demand is poised to double to nearly 12 million tonnes per annum (mtpa) by 2030, according to a Nuvama Institutional Equities report. The expected rise comes mainly from fertiliser, refining and petrochemical sectors.
Monthly SIP inflows remained robust at Rs 294 billion, broadly flat on a month-on-month basis, underlining continued retail participation despite market volatility, the report said. A sharp revival in lump-sum investments which surged 274% month-on-month to Rs 98.8 billion helped push activ
India is entering a pivotal phase in Battery Energy Storage Systems (BESS) deployment, with demand expected to rise sharply in the coming years even as the country works to overcome deep structural barriers in manufacturing, technology integration and supply-chain resilience, according to a
The health insurance industry continued to post strong growth in November, supported by a pickup in demand for health insurance policies following the GST exemption announced by the government, highlighted a recent report by Nuvama.
Road sector activity remained muted in November 2025, with project awards by the National Highways Authority of India (NHAI) showing a sharp slowdown, according to a new report by Nuvama Research.
India's automobile industry is expected to witness double-digit year-on-year growth in November 2025 across two-wheelers (2W), commercial vehicles (CV) and passenger vehicles (PV), according to a report by Nuvama.