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Board of GHCL approves capital budget for FY26

Mumbai, May 8 -- The Board of GHCL at its meeting held on 08 May 2025 has approved fresh capital budget of approx. Rs 31.92 crore for FY 2025-26. The Board also approved revenue budget of the company ... Read More


GHCL fixes dividend payment date

Mumbai, May 8 -- GHCL announced that dividend of Rs 12 per equity share of Rs 10 each for FY 2025, will be paid on or after 24 July 2025. Published by HT Digital Content Services with permission from... Read More


Crude rebounds above $58 per barrel as US stockpiles fall, MCX eyes Rs.5000

Mumbai, May 8 -- WTI Crude oil futures climbed above $58 per barrel on Thursday, recovering some ground after a surprise 2 million-barrel drop in US crude inventories. MCX crude futures rose too, near... Read More


Harsha Engineers fixes record date for dividend

Mumbai, May 8 -- Harsha Engineers has fixed 29 August 2025 as record date for he purpose of forthcoming AGM and Dividend, if declared at the AGM. Published by HT Digital Content Services with permiss... Read More


Shriram Pistons & Rings spurts after Q4 PAT rises 23% YoY to Rs 147 cr

Mumbai, May 8 -- Revenue from operations jumped 15.52% to Rs 988.37 crore in the quarter ended 31 March 2025. Profit before tax (PBT) stood at Rs 201.07 crore, up 27.33%, compared to Rs 157.91 crore ... Read More


Ecnomic Buzz: South Africas forex reserves hit record $67.585 billion in April

Mumbai, May 8 -- South Africa's gross foreign exchange reserves rose to a record $67.585 billion in April 2025, up from $67.450 billion in March. The increase was driven by higher gold reserves at $13... Read More


Market Speak: BoE set to cut rates to 4.25% as Trump tariffs stir slowdown fears

Mumbai, May 8 -- All eyes are on the Bank of England's policy decision this Thursday, with markets expecting a 25 basis point cut to 4.25 percent. This comes as inflation fell to 2.6 percent in March,... Read More


Nifty drops below 24,400 level; European mrkt advance

Mumbai, May 8 -- The key benchmark indices witnessed profit booking in afternoon trade, as Fed Chair Jerome Powell cautioned that persistent tariff hikes could slow growth and drive long-term inflatio... Read More


RBI issues Framework for Formulation of Regulations

Mumbai, May 8 -- Reserve Bank of India (RBI) has issued Framework for Formulation of Regulations which outlines the broad principles for formulation of Regulations issued in exercise of the powers con... Read More


Uno Minda to set up 2-wheeler alloy wheels manufacturing facility in Bawal, Haryana

Mumbai, May 8 -- Uno Minda announced that its Board of Directors has approved the setting up of a manufacturing facility for two-wheeler alloy wheels in Bawal, Haryana. This facility will have an ins... Read More