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HFCL bags Rs 106-cr export order for optical fibre cables

Mumbai, May 18 -- The company has to complete the supplies by August 2026. "We are pleased to inform all stakeholders that the company has secured an export order worth around $11.07 million (equival... Read More


Base Metals Preview: COMEX copper extends pullback from record high

Mumbai, May 18 -- COMEX copper extends downside in early Asia on Monday after peaking to record high last week. The metal tanked as a sharp spurt in the US dollar index hurt the metal after its recent... Read More


Precious Metals Preview: COMEX gold and silver pressured by firm dollar overseas

Mumbai, May 18 -- Surging US dollar overseas is adding immense pressure on gold and silver futures in early Asia on Monday. Mounting inflation risks and tighter monetary policy expectations push US Tr... Read More


Paytm launches Pocket Money

Mumbai, May 18 -- Paytm (One 97 Communications) announced the launch of Paytm Pocket Money. It enables teenagers to make Paytm UPI payments without having their own bank account, while allowing parent... Read More


Glenmark Pharmaceuticals launches Vancomycin Hydrochloride for Injection in U.S.

Mumbai, May 18 -- Glenmark Pharmaceuticals Inc., USA (Glenmark) announced the launch of Vancomycin Hydrochloride for Injection USP, 500 mg/vial and 1 g/vial. Glenmark's Vancomycin Hydrochloride for In... Read More


Energy Preview: US drilling rig count continues to gain, says Baker Hughes

Mumbai, May 18 -- The total number of active drilling rigs for oil and gas in the United States rose in the week ended May 15, according to new data that Baker Hughes published on Friday, bringing the... Read More


GIFT Nifty suggests negative start for equities amid fears of further escalation in Middle East conflict

Mumbai, May 18 -- GIFT Nifty: The GIFT Nifty May 2026 futures currently traded 195.00 points lower, suggesting a deep red opening for the benchmark index today. Institutional Flows: Foreign portfol... Read More


Economic Buzz: China unemployment rate at 5.2% in April

Mumbai, May 18 -- According to the National Bureau of Statistics, China's the urban surveyed unemployment rate averaged 5.3 percent in the first four months. In April, the urban surveyed unemployment ... Read More


Economic Buzz: China industrial output up 4.1% in April

Mumbai, May 18 -- Industrial production in China increased by 4.1% in April compared to the same month a year ago, according to a report by the National Bureau of Statistics of China released on Monda... Read More


Economic Buzz: China's retail sales up 0.2% in April

Mumbai, May 18 -- Retail sales in China increased 0.2% year-on-year in April, Monday's report from the country's National Bureau of Statistics showed. The figure was sharply lower than expected and d... Read More