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Clean energy sector sees record annual capacity addition, Total installed renewable capacity spikes around 11% in FY25

Mumbai, April 11 -- Ministry of New and Renewable Energy (MNRE) has reported robust progress in India's clean energy sector for the Financial Year 2024-25. With a record annual capacity addition of 29... Read More


Dollar index falters near 3-year low amid tariff retaliations

Mumbai, April 11 -- The dollar index is seen battered at its lowest level in nearly 9 months on Friday morning in Asia amid escalating trade war concerns between US and China. US President Donald Trum... Read More


Commodities Buzz: EIA lowers oil demand growth forecast amid global uncertainty

Mumbai, April 11 -- The EIA, in its latest Short-Term Energy Outlook, lowered its global oil demand growth forecast due to changing trade policies and rising uncertainty. It now expects oil consumptio... Read More


Commodities Buzz: LME Lead inventories spike to around three month high

Mumbai, April 11 -- The LME Lead inventories continued to rise. The stockpiles on the exchange spiked by 6850 tonnes to 242450 tonnes yesterday, hitting highest in nearly three months. Published by H... Read More


Siyaram Recycling Industries surges on securing order worth Rs 10 crore

Mumbai, April 11 -- The contract, valued at approximately $1.2 million (around Rs 10.35 crore), is expected to be executed within 45 days. Siyaram Recycling Industries is primarily engaged in the rec... Read More


Ajmera Realty jumps as collections climb 9% QoQ in Q4 FY25

Mumbai, April 11 -- As compared with Q4 FY24, the collections declined by 8%. The company has sold a total carpet area of 1,85,939 square feet, up 13% QoQ and 64% YoY. This translated to a sales val... Read More


Barometers trade with major gains; consumer durables shares rally for 3rd day

Mumbai, April 11 -- The frontline indices traded with significant gains in the mid-morning trade after US President Donald Trump's decision to pause tariffs for 90 days on multiple countries eased glo... Read More


Paramatrix Tech gains on securing Rs 11-crore order

Mumbai, April 11 -- The contract covers application development and maintenance services, scheduled to run from April 2025 to March 2028. Paramatrix Technologies offers software applications and tech... Read More


Sanofi India MD Rodolfo Hrosz resigns

Mumbai, April 11 -- The board of directors accepted Hrosz's resignation during a meeting held on 9 April and expressed appreciation for his significant contributions during his tenure. Hrosz will ceas... Read More


Deepak Nitrite rallies as arm plans new manufacturing facility to expand chemical capacities

Mumbai, April 11 -- Deepak Chem Tech will undertake the project for manufacturing 300 KTA of Phenol, 185 KTA of Acetone and 100 KTA of lsopropyl Alcohol (lPA) including greenfield infrastructure capex... Read More