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Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high

The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…

ANI   


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4 mins read

Amitabh Bachchan almost didn’t host Kaun Banega Crorepati! So how did the show’s makers convince Big B?

In the late 1990s, the general perception in India was that television was a step down from films, …

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1 min read

Output of eight major industries across India slumps by 8.5% in August

The deceleration rate in the production of India's eight major industries continued in August, offi…

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2 mins read

Extreme heat melts diesel demand, sales drop 4% in June

India's diesel demand slumped in June as extreme heat conditions in parts of the country curtailed …

PTI   


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Google-backed Cuemath valued at $407 million as experts expect edtech slump

As experts expect the edtech industry to take a downward trajectory in the near future, Google-back…

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At USD 642.292 bn, India's foreign exchange reserves hit all-time high

India's foreign exchange reserves rose for the fourth straight week to hit an all-time high of USD …

ANI   


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Wheat soars more than 4% to two-month highs after world's second largest producer India bans exports

Poor weather and the fallout from the Russia-Ukraine war have roiled global commodity markets, mean…

Hamza Fareed Malik   


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India’s ongoing energy crisis is helping Coal India’s shares overcome the two-year slump and it could go up further

The share price of Coal India Limited (CIL) reached a two year-high earlier on Thursday despite the…

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Inflows into equity mutual funds hit a 4-month low in April: AMFI

The last time the inflows were lower than April were in November 2022, when the flows stood at a…

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Nestle India Dec quarter profit rises over 4% to ₹655.6 crore

FMCG major Nestle India Ltd on Wednesday reported an increase of 4.38 per cent in its net profit at…

PTI   


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Russia has never been richer after selling $37 billion in oil to India last year

India purchased $37 billion of Russian oil last year. That's 13 times what it bought before the war…

Jennifer Sor   


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Firm domestic demand to keep India's steel imports elevated in 2023-24: Crisil

Strong domestic demand, supported by government spending on infrastructure, building and constructi…

ANI   


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Retail inflation inches to 4-month high in Dec; IIP growth slips to 8-month low in Nov

Retail inflation inched up marginally to a four-month high of 5.69% in December 2023, mainly on acc…

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5 mins read

India sows more millets and less rice this kharif season

Kharif sowing in India is down by 9% compared to last year, with rice and pulses seeing the biggest…

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1 min read

Cigarette stocks slump up to 7 pc after Budget hikes excise duty on tobacco products

New Delhi, Feb 1 () Cigarette stocks on Saturday plunged up to 7 per cent, led by ITC, as tobacco r…

PTI   


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Billion dollar ecommerce firm IndiaMART called out for selling fake goods

It is not everyday that an Indian multi-billion dollar e-commerce platform gets openly accused of s…

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8 mins read

Inside India’s consumption slump⁠— stories from Godrej Consumer to Page Industries to Emami and many more

In the last one month, at least ten companies have seen cuts in earnings estimates anywhere betw…

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2 mins read

India's Q3 GDP growth dips to 7-yr low of 4.7 pc as manufacturing slumps

According to the data released by the National Statistical Office (NSO), the gross value added (GV…

PTI   


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Apple is accelerating plans to move production out of China as protests and riots intensify in response to zero-Covid policies, report says

The company is ramping up efforts to shift manufacturing to other Asian countries like India and Vi…

Bethany Biron   


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3 mins read

The shortfall in rains is the worst in South India and it will affect rice and oilseeds production as well as tractor sales

India is already suffering from a severe water shortage in many parts of the country and the rain…