Market News
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Global shares advance as Trump claims breakthrough in Iran war talks
Expectations that an agreement between the US and Iran may help reopen the strait sent oil prices tumbling
Anupam Rasayan becomes world's first to make ETFA using flow chemistry
Anupam Rasayan India Ltd has achieved a global first by commercialising Ethyl trifluoroacetate production using its unique continuous flow chemistry technology. This advanced method offers enhanced safety and efficiency over traditional batch processes. ETFA is a vital component for pharmaceuticals and life sciences.
HVR Solar signs global MoUs to set up 1.2 GW TOPCon solar cell manufacturing facility in Uttar Pradesh
HVR Solar Ltd is establishing a 1.2 GW TOPCon solar cell manufacturing line in Uttar Pradesh through strategic MoUs signed at SNEC PV Power Expo 2026. Partnering with global technology providers, the facility aims to boost India's domestic renewable energy supply chain, reduce import reliance, and create over 500 local jobs.
Why India is the centerpiece of LG's billion-dollar bet on the Global South
LG India growth strategy and consumer electronics market expansion: LG Electronics is targeting a significant revenue increase in India, Saudi Arabia, and Brazil by 2030. India is a crucial market, offering opportunities for both new buyers and upgrades. The company is adapting its products and manufacturing to meet local needs. This strategy aims for profitable and sophisticated growth in emerging economies.
India fertilizer offers sink in sign of easing supply strain
India's urea import prices have dropped sharply, less than half of April's rates. This indicates global fertilizer supply issues are easing. The country is securing large quantities of urea for its monsoon sowing season. However, India is also increasing its spot purchases of liquefied natural gas for domestic urea production, facing higher costs for this vital feedstock.
Chambal Fertilisers to Coromandel International: Fertiliser stocks rise up to 6% on subsidy reports
Fertiliser stocks like FACT and Chambal Fertilisers rose by up to 5% as reports indicated a potential increase in government subsidies for FY27. The Ministry of Fertilisers has proposed doubling the subsidy allocation to ₹1.71 lakh crore amid rising global fertiliser prices.
Tata Consumer crosses Rs 20,000 crore revenue mark in FY26, net profit up 20%
Tata Consumer Products achieved a significant milestone, crossing ₹20,000 crore in revenue for FY26. The company reported a 15% revenue increase and a 20% rise in net profit. Growth was broad-based across India and international markets. Tata Consumer is well-positioned to capitalize on India's consumption growth story. The company noted global economic shifts and trade developments.
Fertiliser stocks in demand: Chambal, FACT, Aries gain up to 5%; here's why
Fertiliser stocks are in high demand today after reports said that a surge in global fertiliser prices is likely to double the fertiliser subsidy bill from the Budget estimate of ₹1.7 trillion.
FACT, Chambal Fertilisers shares up 4-5% as government eyes doubling fertiliser subsidy allocation
Fertiliser stocks rallied after reports of a proposed doubling of subsidy allocation to Rs 1.71 lakh crore for FY27. Rising global prices and supply disruptions linked to West Asia tensions are driving concerns. FACT and Chambal Fertilisers gained up to 5%, while analysts track subsidy trends and import costs closely.
Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.
Indian cancer patients battle shortage of key drugs as platinum costs surge
Cancer patients in India are struggling to find essential platinum-based drugs. A surge in global platinum prices and supply chain issues are causing shortages. This forces patients to search extensively for medication. Some drugmakers have reduced production. The situation puts immense pressure on the healthcare system and patients seeking treatment.
Government and RBI building vital buffer against external volatility by appropriate liquidity measures to support inflow of foreign capital: FICCI
Mr Anant Goenka, President, FICCI said, FICCI welcomes the RBIs decision to keep the policy repo rate unchanged at 5.25 per cent while maintaining a neutral stance. This is a balanced and prudent decision given the heightened global uncertainty and maintaining policy stability at this juncture provides confidence to businesses and investors alike. FICCI also welcomes the proactive regulatory measures announced by the Ministry of Finance and the RBI to strengthen external sector resilience and facilitate capital inflows. The decision to review the regulatory framework for Foreign Portfolio Investments in Government Securities along with rationalisation of taxes on such investments will deepen the G-Sec market and attract greater participation of FPIs in Indian government securities.