Latest Updates Around The World
Sales of cars and two-wheelers – counted as factory shipments – rose at a rapid pace for most manufacturers in February from a year earlier. It was the fifth consecutive month of sales growth after the government reduced the Goods and Services Tax (GST), making cars more affordable across segments.Growth in February was led by […]
India’s factory inflation, as measured by the Wholesale Price Index (WPI), rose to a 10-month high of 1.81 percent in January, driven by a rise in food prices and firmer core inflation, according to data released by the Ministry of Commerce and Industry on Monday. After remaining stable year-on-year in December 2025, food inflation reached […]
Leading cement makers reported strong double-digit year-on-year growth in sales volumes in the December 2025 quarter, even as their realizations came under pressure.Businesses remain optimistic about further improvement in demand and prices in the coming months, aided by favorable inflation, supportive tax rationalization measures and healthy infrastructure-led growth. Industry leaders, including UltraTech, Ambuja Cements, Shree […]
Indian mutual funds are likely to continue selling government bonds after record sales in January as supply-demand dynamics outweigh optimism over US trade deals for debt investors, five fund managers said. Funds sold net bonds worth 290 billion rupees ($3.2 billion) in January, the most on record, followed by 53 billion rupees on Monday, clearing […]
Billionaire Mukesh Ambani-backed shares of Reliance Industries (RIL) rose 7% to a day’s high of Rs 1,489 on BSE, while shares of Adani Group rose up to 13% on Tuesday after US President Donald Trump announced a landmark trade deal between India and the US that cuts tariffs from 50% to 18% and opened the […]
The issues related to the rare earth supply chain have been going on since the beginning of the current fiscal, creating anxiety and uncertainties for the Indian automakers. The rare earth magnets in question, namely neodymium-iron-boron (NdFeB), are valued for their strength and efficiency. Modern passenger vehicles rely on these rare earth magnets for several […]
Adani Enterprises’ public issue of non-convertible debentures (NCDs) worth Rs 1,000 crore was fully subscribed within 45 minutes of opening, the company said on Tuesday. The base issue of Rs 500 crore was picked up in just 10 minutes, reflecting strong investor appetite for high-rated corporate bonds in early 2026.The Adani Group’s flagship company said […]
Ahmedabad, Adani Enterprises Limited (AEL), the flagship company of the Adani Group, on Friday announced the launch of the third public issue of secured, rated, listed, callable, non-convertible debentures (NCDs) worth Rs 1,000 crore, offering up to 8.90 percent per annum.The issue opens on January 6 and closes on January 19, with an option to […]
Mumbai: Wholesale volume of tractors is expected to grow by 15-17 per cent this fiscal, compared to an earlier estimate of 8-10 per cent, thanks to supporting factors including a reduction in GST, which has increased affordability for farmers, ICRA said on Friday.This revision is based on the industry’s robust performance in recent months, including […]
MUMBAI: Economists expect the Reserve Bank of India to keep its key policy rate unchanged at 5.25% in February as inflation starts rising from record lows and growth remains resilient, several economists said. They said the central bank is likely to retain policy space amid uncertainty over trade talks and upcoming changes in the inflation […]
