"Where Facts Speak Louder."
China’s shipments to India by 12.4 per cent to $11.13 billion. (AI image) Donald Trump tariff impact: China has increased its exports to countries like India amidst the ongoing trade issues with the US. According to a Global Trade Research Initiative (GTRI) report, China has expanded its exports to India, European Union (EU), and the…
Maruti Suzuki India aims to significantly increase vehicle deliveries via trains to 35% by FY 2030-31, as stated by MD-CEO Hisashi Takeuchi. This expansion is supported by the new in-plant railway siding at Manesar, the largest GatiShakti multi-modal cargo terminal in India. The initiative will reduce carbon emissions and fuel consumption considerably. NEW DELHI: Maruti…
The Strait of Hormuz serves as a crucial channel for worldwide energy transportation. (AI image) Will the escalating Iran-Israel conflict cause an oil supply issue for India? Indian refiners are exploring alternative energy sources, including those from West African nations, to ensure fuel supply security in case Iran blocks the Strait of Hormuz amid escalating…
NEW DELHI: Wholesale price inflation in May eased to a 14-month low, led by a sharp easing in food, fuel, and softer base metal prices. However, experts cautioned that the Israel-Iran conflict and global trade tensions could impact crude oil prices and the overall price situation in the months ahead.Data released by the commerce and…
MUMBAI: Siddhant Commercials, an entity belonging to the Reliance Industries group, on Monday sold 85 lakh shares of Asian Paints for nearly Rs 1,876 crore through a block deal on NSE. The entire block, representing 0.9 per cent of the company’s equity, was bought by ICICI Prudential Mutual Fund at a per-share price of Rs…
The ongoing Israel-Iran situation will keep defence and oil-related stocks under observation. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened on a choppy note on Tuesday. While Nifty50 was above 24,900, BSE Sensex was near 81,750. At 9:18 AM, Nifty50 was trading at 24,933.10, down 13 points or…
MUMBAI: In its first major fundraising effort since the collapse of its merger with Sony Pictures India, Zee Entertainment Enterprises will raise Rs 2,237 crore from its promoters to finance its growth plans. The company plans to issue up to 16.95 crore convertible warrants at Rs 132 each to Altilis Technologies and Sunbright Mauritius Investments,…
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Apollo Hospitals, and Persistent are the top stocks to buy today:Apollo Hospitals – Buy in the range between Rs 7,100 & Rs 7,110; Stop Loss: Rs 6,920; Target: Rs 7,545Apollo Hospitals…
During 2024-25, India’s basmati rice exports to Iran were valued at ₹6,374 crores. (AI image) Basmati rice prices, which saw an increase of 15-20% in the past two months due to higher exports, are expected to decrease in the upcoming weeks as exports to Iran may decline amidst its ongoing conflict with Israel.According to the…
Indian companies are expected to register stable revenue growth in the April–June quarter of the current financial year, lifted by strong domestic demand, a report by ratings agency ICRA released on Monday said.However, lingering geopolitical tensions are likely to weigh on sentiment, particularly for export-driven sectors.ICRA projects operating profit margins for the first quarter of…
