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Commodities Buzz: World Bank expects commodity prices to rise by 22% in 2026

Mumbai, June 12 -- According to World Banks, global economic prospects June report, disruptions to flows of energy and other commodity supplies from the Gulf region have led to sharp commodity price i... Read More


Concord Biotech's Limbasi unit clears Brazilian health regulatory inspection

Mumbai, June 12 -- Concord Biotech announced the successful completion of an ANVISA inspection conducted by the Brazilian Health Regulatory Agency at the company's API manufacturing facility in Limbas... Read More


MCX Afternoon Update: Crude sees fresh selloff in European trades, Local futures break under Rs 8K

Mumbai, June 12 -- MCX Crude oil futures are in a freefall. Crude oil prices tumbled to their lowest level in nearly two months on Friday as optimism over a potential US-Iran peace agreement eased fea... Read More


Eurotex Industries and Exports Ltd leads losers in 'B' group

Mumbai, June 12 -- Heads UP Ventures Ltd, Grand Oak Canyons Distillery Ltd, TV Vision Ltd and Ambica Agarbathies Aroma & Industries Ltd are among the other losers in the BSE's 'B' group today, 12 June... Read More


TMPV to hike price of PVs from 01 July

Mumbai, June 12 -- Tata Motors Passenger Vehicles announced that it will increase prices of its passenger vehicle portfolio, including both internal combustion engine (ICE) and electric vehicles (EV),... Read More


Gold rebounds above $4,200 as US-Iran peace hopes grow

Mumbai, June 12 -- Gold prices rebounded sharply on Friday, with international futures surging more than $100 to trade above $4,200 per ounce after President Donald Trump signaled that a peace agreeme... Read More


Sensex jumps 1,458 pts; auto stocks advance

Mumbai, June 12 -- The domestic equity benchmarks traded with major gains in mid-afternoon trade, supported by hopes of a U.S.-Iran peace deal, easing crude oil prices and positive global cues that bo... Read More


Alembic Pharmaceuticals receives USFDA approval for Tretinoin Cream USP, 0.05%

Mumbai, June 12 -- Alembic Pharmaceuticals (Alembic) today announced that it has received final approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) ... Read More


Flair Writing operationalizes wooden pencil manufacturing facility in Surat

Mumbai, June 12 -- In FY 2025-26, the company stated that it has sold approximately 147 million units in the Mechanical Pencil category. According to industry reports, pencils account for approximate... Read More


Indostar Capital Finance allots 2,900 equity shares under ESOP

Mumbai, June 12 -- Indostar Capital Finance has allotted 2,900 equity shares under ESOP on 12 June 2026. Consequently, the paid up equity share capital has increased to Rs 1,61,58,50,070/- consisting ... Read More