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PM Modi Urges Hydration Amid Heatwave, Hails Desi Drinks, Mangoes
PM Modi highlighted how mangoes become the centre of conversations across households in India, reflecting the fruit's deep cultural significance.
Lloyds turns to copper to cut iron ore reliance, targets $1.3 billion business over 5 years
The miner's Congo copper assets and Papua New Guinea ambitions are central to a strategy aimed at reducing reliance on a single commodity and geography, with the business expected to generate ₹500-700 crore in Ebitda in FY27.
US-Iran talks, RBI's rate decision likely to steer markets this week
Developments around the USIran situation, crude oil prices, and the RBI's interest rate decision would determine the trend in the equity market in an event-heavy week ahead, analysts said. Besides, macroeconomic data announcements, trading activity of foreign investors and the rupee-dollar trend would act as key drivers for equities, they noted. "Participants will closely monitor global developments surrounding the USIran situation and movement in crude oil prices, which continue to remain critical for inflation expectations, currency stability, and foreign flows," Ajit Mishra SVP, Research, Religare Broking Ltd, said. The final HSBC Manufacturing PMI reading for May will be announced on Monday, followed by the Services PMI and Composite PMI data on Wednesday. These indicators will provide important insights into demand trends, business activity, and growth resilience across sectors, he said. "The key event of the week will be the RBI monetary policy announcement on Friday," Mishr
Mcap of 7 of top-10 valued firms erodes by ₹1,54 lakh crore; Reliance biggest laggard - Mint
Mcap of 7 of top-10 valued firms erodes by ₹1,54 lakh crore; Reliance biggest laggardMint
NLC India, Reliance Industries to jointly explore developing underground lignite gasification project in Gujarat
NLC India Ltd and Reliance Industries Ltd are partnering to explore underground lignite gasification in Gujarat. This collaboration aims to boost domestic gas supplies amid global fuel shortages. The project will assess converting lignite reserves into synthesis gas. This initiative could enhance energy security and reduce reliance on imported fuels. Preliminary studies are underway for this significant energy venture.
Did Petrol, Diesel Prices Change On May 31? Check Latest Fuel Rates In Mumbai, Delhi, Chennai, Bengaluru And More
Fuel prices in India depend on several factors, with global crude oil prices being the most significant as crude is the primary raw material used to produce petrol and diesel.
Mcap of 7 of top-10 valued firms erodes by Rs 1.54 lakh cr; Reliance takes biggest hit
In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent.
Patanjali Foods Q4 Results: Profit jumps 46% to Rs 524 crore despite margin pressure
Patanjali Foods reported a strong rise in quarterly and annual earnings, driven by robust growth in its edible oils and FMCG businesses. While revenue expanded across key segments, higher raw material, packaging and freight costs weighed on margins. The company also continued expanding its oil palm cultivation and export footprint.
Mcap of 7 top valued firms erodes by ₹1.54 trn, Reliance takes biggest hit
The combined market valuation of seven of the top 10 valued firms eroded by Rs 1.54 lakh crore last week, with Reliance Industries taking the biggest hit. In a holiday-shortened last week, the BSE benchmark Sensex dropped 639.61 points, or 0.84 per cent, and the NSE Nifty declined 171.55 points, or 0.72 per cent. From the top 10 pack, Reliance Industries, HDFC Bank, Bharti Airtel, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever faced erosion in their valuations, while State Bank of India, Larsen & Toubro and Life Insurance Corporation of India (LIC) were the gainers. The market valuation of Reliance Industries dropped by Rs 46,078.3 crore to Rs 17,87,039.40 crore. HDFC Bank's valuation eroded by Rs 33,333.06 crore to Rs 11,46,641.84 crore. The valuation of Bharti Airtel tumbled Rs 25,408.96 crore to Rs 11,14,886.53 crore and that of TCS dived Rs 22,920.58 crore to Rs 8,15,480.75 crore. The market capitalisation (mcap) of Hindustan Unilever ...
Why Indian investors need global exposure today
With the rupee weakening and structural pressures from oil, capital outflows and inflation differentials persisting, Indian investors face currency risk in domestic-only portfolios. The article argues for global diversification, highlighting how dollar assets provide both return potential and currency protection, making international exposure a strategic necessity.
Market Outlook: US-Iran talks, crude oil among 5 factors to drive D-St in first week of June
Markets brace for a crucial week. Investors watch US-Iran peace talks closely. Crude oil price drops also impact sentiment. Foreign investors sold heavily, impacting Indian equities. The Rupee shows strength against the US Dollar. Technical indicators suggest a lack of strong trend. Geopolitical and economic developments will drive market sensitivity.
Mining turns India's heat-shield hills to dust
Dizzyingly deep pits from large-scale mining scar India's ancient Aravalli mountains, threatening the future of a forested buffer that New Delhi relies on for protection from furnace-hot desert winds. "If we don't protect the Aravalli, the northern Gangetic plains -- which is a food basket for the rest of the country -- would become a desert," he said.