RBI Repo Rate & Forex Meas, | Hindustan Zinc Share Drop | Maruti Suzuki's Green Energy Push #shorts

RBI Repo Rate & Forex Measures: The Reserve Bank of India (RBI) has kept the repo rate steady at 5.25% and maintained its GDP growth forecast for FY 2026-27 at 7.6%
. RBI Governor Sanjay Malhotra noted that while India is prepared for geopolitical challenges, the US-Iran conflict is putting pressure on the global economy
. Additionally, the RBI introduced measures that strengthened the Rupee, including covering extra costs for banks collecting NRI dollar deposits and making foreign loans cheaper for government companies
.
Hindustan Zinc Share Drop: Hindustan Zinc's shares fell by 5% to a six-week low of ₹575
. This drop was triggered by news that the government plans to sell approximately 2% of its stake to raise ₹5,000 crore
.
Maruti Suzuki's Green Energy Push: Maruti Suzuki announced a ₹925 crore investment in green energy projects by FY 2030-31
. This includes setting up a new 10 ton-per-day biogas plant at its Kharkhoda plant in Haryana and expanding the capacity of its existing biogas facility in Manesar
.
Wipro Share Crash: Wipro shares dropped by 8% in a single day due to two main reasons
. First, the stock faced selling pressure after hitting the record date for a ₹15,000 crore share buyback
. Second, the company is facing controversy after a former employee alleged workplace harassment and forced resignation
.
Goldman Sachs Invests in Groww: Goldman Sachs made a major investment in the financial platform Groww, purchasing over 1.13 crore shares valued at approximately ₹210 crore
. Groww also reported strong financial results, with its March quarter net profit increasing by 122% to ₹686 crore
.
SFT Bank's Lenskart Exit: SFT Bank made ₹2,873 crore by selling its 53.25% stake in Lenskart
. The bank originally invested in Lenskart in 2021 and achieved an impressive seven-fold return on this deal
.
BHEL Secures Massive Order: Bharat Heavy Electricals Limited (BHEL) received an order worth over ₹21,000 crore from Meja Urja Nigam Limited
. The order, which is for a thermal power project in Prayagraj, Uttar Pradesh, led to a ~1% increase in BHEL's stock pric

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