India’s cement industry experienced robust growth in May 2025, with volumes increasing by 9% and prices rising by 8%. ICRA projects continued volume growth of 6-7% for FY26, driven by housing and infrastructure demand. Improved operating margins are expected due to price hikes and favorable cost environment, with lower coal and steady diesel prices. India’s…
The euro is set for its longest stretch of monthly gains in eight years, boosted by rising confidence in Europe’s economic prospects and a hunt for alternatives to the slumping dollar. The currency is up more than 3% in June, its sixth month of advances. Those gains have come as the dollar falters, with the…
Nike shares surged 15% at the opening bell Friday after the company announced a shift in production away from China, even as it warned that tariffs imposed by the Trump administration will cost it about $1 billion (roughly Rs 8,300 crore) before internal adjustments take effect.The US sportswear giant said it will begin implementing “surgical”…
Market experts suggest the Nifty index will likely approach its previous all-time highs. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Friday on the back of favourable global cues. While Nifty50 was near 25,600, BSE Sensex was up over 100 points. At 9:17 AM, Nifty50…
DS Group reported sales of 750 crore units of Pulse candy at Re 1 per unit. Pulse, a candy that costs Re 1, has become a multi-hundred crore brand in nine years. Dharampal Satyapal Group’s Vice-Chairman Rajiv Kumar anticipates their Pulse candy brand to achieve Rs 1,000-crore revenue within two years, following its successful milestone…
Gold is currently holding a crucial support level around ₹95,800. This zone is significant, as a strong reversal from here could potentially trigger a recovery in prices. (AI image) Gold and silver price prediction today: Gold has been dipping after a recent surge amidst tensions in the Middle East. With the US declaring a ceasefire…
Representative image (Picture credit: AP) Bumble Inc. has announced plans to lay off nearly 30 per cent of its global workforce, affecting 240 employees, in a move aimed at cutting costs and repositioning the online dating firm for long-term growth. The company said it would reinvest savings of around $40 million into product innovation and…
MUMBAI: Stronger indications of an Israel-Iran ceasefire lifted investor sentiment on Dalal Street Wednesday, pushing sensex to over its eight-month high mark. Easing crude oil prices and short covering by speculators who were cutting their losses also helped the rally in the late session, market players said.At close, sensex was at 82,756 points, up 700…
The day’s rally in the market came on the back of strong buying by domestic funds, while foreign portfolio investors (FPIs) continued to be the net sellers. End-of-the-day data on BSE showed that while domestic institutions were net buyers at Rs 2,373 crore, FPIs were net sellers at Rs 2,428 crore. The rally added nearly…
MUMBAI: RBI has extended trading hours for key money market segments to improve liquidity management, enhance price discovery. It also aims to bring Indian markets closer to global standards. From July 1, the call money market will remain open till 7pm, while from Aug 1, market repo and tri-party repo (TREP) trading will close at…
