Latest Updates Around The World
India is likely to balance the interests of its far-flung auto industry through the latest Corporate Average Fuel Efficiency (CAFE) III norms.According to multiple officials with knowledge of the move, stricter fuel efficiency targets are expected for major automakers, while some leniency is now expected towards smaller ones. But a general safety net may disappear […]
Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
The Nikkei stock average broke above 58,000 for the first time on Thursday, joining a rare three-way rally with government bonds (JGBs) and the yen as markets digested the fallout from Prime Minister Sanae Takaichi’s historic election victory. The benchmark Nikkei 225 Index rose 0.3% to 57,816.14 after hitting a high of 58,015.08 earlier in […]
Longer-dated Japanese government bonds rose on Thursday on solid demand at a closely watched auction of 30-year debt, even as a crucial election loomed on Sunday that would shape the government’s big fiscal stimulus plans.Yields on 30-year government bonds fell 6.5 basis points (bps) to 3.57% by 0611 GMT, while yields on 40-year bonds fell […]
Mumbai: British iconic bicycle brand Muddyfox on Monday announced its entry into the Indian market with the launch of 18 models across segments in partnership with distribution company Ananta Ventures. Muddyfox said it has signed a pact with Ananta Ventures – which has a strong dealer network in the country with its own bike brands […]
Mumbai: Shriram Finance extended its record run on the stock markets as analysts raised their price targets for the stock by 16%-36% after the lender announced that Japan’s MUFG Bank would buy a 20% stake in the company. The stock rose 3.7% to close at an all-time high of ₹935.10 on Friday. The new price […]
Even after a steep decline of 27.4% in 2025 so far, brokerage firm Anand Rathi remains bullish on Premier Energis, a Hyderabad-based solar player, and expects a 36.7% increase from current levels. The company has reiterated its buy rating on the stock with a target price of Rs 1,321 against the prevailing market price of […]
Whitbread warned on Friday that British budget measures would cost the Premier Inn owner 40 to 50 million pounds ($66 million) in the next fiscal year, as a sharp rise in business rates threatened to squeeze its margins. Chancellor of the Exchequer Rachel Reeves’ budget increased taxes on prime commercial property, posing a new challenge […]
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Traders in Delhi are ready for a better Diwali as the city government, led by Prime Minister Rekha Gupta, has paid out Rs 694 crore in GST refunds pending since 2019, out of a total amount due of Rs 1,600 crore, PTI reported.The refund process has accelerated in recent months, with a record Rs 227 […]
