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Competition Commission of India (CCI) has notified the regulations for determining the cost of production, a move that will help the watchdog to more effectively assess alleged predatory pricing and deep discounting practices especially in the quick commerce and e-commerce segments. As part of efforts to update the framework for assessing predatory pricing, the watchdog came out with the draft rules in February. After stakeholders' consultations, the Competition Commission of India (Determination of Cost of Production) Regulations, 2025 have been notified. The development also assumes significance against the backdrop of CCI looking at some complaints of unfair business practices made against quick commerce as well as e-commerce players. Competition law prohibits predatory pricing as an abusive conduct by a dominant enterprise. CCI now has a strong regulatory framework to deal with alleged predatory pricing and deep discounting activities in the market place. It will also help in
Movement in the stock market this week will largely be driven by global trends, macroeconomic data announcements and trading activity of foreign investors, analysts said. Equity benchmark indices, which are on a dream run for the past several days, will also track trading in global oil benchmark Brent crude and movement of rupee against the US dollar. "The next FOMC (Federal Open Market Committee) meeting is scheduled for mid-September, but before that, the market will be closely watching upcoming US economic data. Key indicators like manufacturing PMI, non-farm payrolls, and unemployment rate will be released this week, all of which could significantly influence market sentiment. "Institutional flows will play a critical role," said Santosh Meena, Head of Research, Swastika Investmart Ltd. The primary driver behind the bullish momentum in the domestic market is the growing anticipation of a rate cut in the United States and buying support from domestic investors. Auto stocks woul
Future trajectory of stock market hinges on the new government's economic policies, with factors like GDP growth, inflation, and global conditions playing a key role, experts said on Tuesday. With the BJP-led NDA still looking to form a government, though with the important support of coalition partners, markets look jittery about the prospects of strong decision making. In fact, experts cautioned investors to be prepared for volatility due to currently high valuations and suggested adopting a diversified approach. Benchmark equity indices Sensex and Nifty tanked over 8 per cent in intra-day on Tuesday and later ended nearly 6 per cent lower, suffering their worst decline in four years, as trends showed the ruling BJP is short of clear majority in the Lok Sabha elections. Sensex crashed 4,389.73 points to settle at 72,079.05 and Nifty tanked 1,379.40 points to 21,884.50. However, markets jumped sharply on Monday after exit polls predicted a massive win for the BJP-led NDA in the Lo
Investors' wealth on Thursday eroded by Rs 7.34 lakh crore as markets took a heavy beating, with the BSE Sensex tumbling 1,062.22 points. Declining for the third day running, the 30-share BSE benchmark dropped 1,062.22 points or 1.45 per cent to settle at 72,404.17. During the day, it tanked 1,132.21 points or 1.54 per cent to 72,334.18. The market capitalisation of BSE-listed companies eroded by Rs 7,34,513.48 crore to Rs 3,93,34,896.14 crore (USD 4.71 trillion). On May 2, the mcap of BSE-listed firms reached an all-time peak of Rs 4,08,49,767.90 crore. "Markets buckled under relentless selling pressure as investors turned risk averse in the ongoing poll season and further lightened their equity exposure to avoid being caught off guard. As the election season is heating up, investors are trimming their equity exposure at a faster pace, which can be seen from the drubbing that mid and small-caps received," said Prashanth Tapse, Senior VP (Research), Mehta Equities Ltd. From the Se