Economic Buzz: Japan producer prices fall 0.2% in May

Mumbai, June 11 -- Producer prices in Japan were down 0.2 percent on month in May, the Bank of Japan said on Wednesday. On a yearly basis, producer prices rose 3.2 percent - again shy of forecasts fo... Read More

Tariff Buzz: India-US eye $500b trade surge as interim pact nears final lap

Mumbai, June 11 -- India and the United States have made marked progress toward a long-awaited interim trade deal, with top negotiators meeting behind closed doors in New Delhi. The agreement, expecte... Read More

Kaynes Tech arm inks pact with Fujitsu Electronics to acquire assets

Mumbai, June 11 -- Under the agreement, Kaynes Semicon will acquire production lines for power modules and the identified assets from Fujitsu Electronics based on the terms, conditions as set out in t... Read More

Commodities Buzz: Global growth concerns to weigh on metal prices, says World Bank

Mumbai, June 11 -- The World Bank's metals and minerals price index is forecast to fall by 10 percent in 2025 and a further 3 percent in 2026, with the steepest declines anticipated for aluminum, copp... Read More

Sula Vineyards, GM Breweries soar as Maharashtra spares wine and beer from excise duty hike

Mumbai, June 11 -- The state hiked excise duty on Indian-made foreign liquor (IMFL) by over 50%, a move that is expected to push retail prices up by more than 60%. Country liquor and imported premium ... Read More

Commodities Buzz: EIA expects rising global oil inventories to drive crude oil prices lower

Mumbai, June 11 -- EIA, in its short term energy outlook expects rising global oil inventories will drive crude oil prices lower over the forecast period. The EIA projected that oil inventory builds w... Read More

Orissa Minerals Development Company revises board meeting date

Mumbai, June 11 -- Orissa Minerals Development Company has revised the meeting of the Board of Directors which was scheduled to be held on 10 June 2025. The meeting will now be held on 17 June 2025. ... Read More

Onesource Specialty edges higher after inking manufacturing pact with biotech firm Xbrane

Mumbai, June 11 -- Xbrane Biopharma AB is a biotechnology company. It develops biological drugs based on a patented platform technology that provides significantly lower production costs compared to c... Read More

Wall Street Rises Ahead of Inflation Data; Gold and Oil Slip on US - China Trade Uncertainty

Mumbai, June 11 -- The Dow climbed 105.11 points or 0.25 percent to finish at 42,866.87, while the NASDAQ gained 123.75 points or 0.63 percent to close at 19,714.99 and the S&P 500 added 32.93 points ... Read More

CEAT revises board meeting date

Mumbai, June 11 -- CEAT has revised the meeting of the Board of Directors which was scheduled to be held on 10 June 2025. The meeting will now be held on 14 June 2025. Published by HT Digital Content... Read More

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