Key minerals output continues to witness strong growth during FY 2024-25

Mumbai, Feb. 3 -- Production of key minerals in the country has continued to witness strong growth during FY 2024-25 (April-December), after reaching record production levels in FY 2023-24. Iron ore a... Read More

Commodities Buzz: Indias primary Aluminium production up 1.6% on year in Apr-Dec FY25, Copper output jumps around 7.3%

Mumbai, Feb. 3 -- According to latest data from Ministry of Mines, in the non-ferrous metal sector, primary aluminium production in FY 2024-25 (April- December) posted a growth of 1.6% over the corres... Read More

Swan Energy's subsidiary bags supply contract worth Rs 111 crore

Mumbai, Feb. 3 -- The contract is for supply, installation and commissioning of AI-based comprehensive infra-secure items. The domestic contract has to be executed by 10 October 2025. Agneyastra Tec... Read More

Divis Labs spurts as PAT soars 65% YoY to Rs 589 crore in Q3

Mumbai, Feb. 3 -- Total income grew by 23.13% year on year (YoY) to Rs 2,401 crore in the quarter ended 31 December 2024. Profit before tax for the quarter was at Rs 726 crore, up 48.47% from Rs 489 ... Read More

UPL shares surge after brokerage upgrade

Mumbai, Feb. 3 -- The brokerage revised its rating on the stock from "sell" to "buy," while increasing its price target from Rs 450 to Rs 700. The positive outlook is fueled by expectations of succes... Read More

Lupin's Somerset -based facility completes US FDA inspection with zero Form 483 observations

Mumbai, Feb. 3 -- The inspection was carried out from 28 January 2025 to 01 February 2025, and has concluded with zero 483 observations. Nilesh Gupta, managing director, Lupin, said: "The successful ... Read More

Commodities Buzz: Australia's commodity index plunges 11.9% in January

Mumbai, Feb. 3 -- The Reserve Bank of Australia's Commodity Price Index fell 11.9% year-on-year in January 2025, marking the sharpest drop since April and the 23rd consecutive month of decline. Lower ... Read More

Sensex, Nifty trade lower; European mrkt drop

Mumbai, Feb. 3 -- The key domestic indices traded with moderate losses in the afternoon trade, following weak cues from Asian markets. This decline was driven by heightened concerns over a potential b... Read More

Oil jumps past $74 as US tariffs spark supply fears

Mumbai, Feb. 3 -- Crude oil rose above $74 per barrel after the U.S. imposed steep tariffs-25% on Canada and Mexico, and 10% on China-raising fears of supply disruptions. In response, Canada and Mexic... Read More

Commodities Buzz: Copper net speculative long positions slip

Mumbai, Feb. 3 -- Base metals speculators cut their net long positions in the Copper futures market last week, according to the latest Commitment of Traders (COT) data released by the Commodity Future... Read More

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