Alpine Texworld will open its IPO on July 14, offering 12 million new shares to raise Rs 126.25 crore at a price band of Rs 100–105 per share. The company, which operates in fabric dyeing, processing and weaving, reported FY26 total income of Rs 350.18 crore, up about 47% year on year, and profit after tax of Rs 21.72 crore, up 152%. Proceeds are slated for a new weaving facility, repayment of certain borrowings and general corporate purposes. The deal is a domestic fundraise by an unlisted Indian textile company and does not involve listed global traditional assets.

India’s National Stock Exchange launched electronic gold receipts (EGRs) on May 18, 2026, aiming to bring an estimated 25,000 tonnes of privately held gold into a regulated, tradable framework. India’s gold import bill reached $71.98 billion in FY2025-26, a record high that accounted for more than 9% of merchandise imports. EGRs let investors hold, trade and redeem physical gold electronically, increasing the “velocity” of existing stocks and reducing reliance on fresh imports. The mechanism is framed as a structural reform that does not change overall demand, but could smooth the timing of imports.

On June 18, 2026, India’s Sensex and Nifty traded in a narrow range. Investors weighed the U.S. Federal Reserve’s signal that additional rate hikes could still be on the table, raising concerns about a stronger dollar and capital outflows from emerging markets. At the same time, oil price relief from a pullback in crude eased pressure on India’s inflation and external imbalances.