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Ashok Leyland July sales jump 30% to 19,590 units

Mumbai, Aug. 3 -- Ashok Leyland announced that total sales stood at 19,590 units in month of July 2026 compared to 15,064 units in July 2025, recording a growth of 30%. Total sales include domestic s... Read More


Forex reserves continue to edge higher

Mumbai, Aug. 3 -- India's foreign exchange reserves gained by $6.12 billion to $682.35 billion in the week ended July 24, 2026, according to data released by the Reserve Bank of India (RBI) on Friday.... Read More


Economic Buzz: US one year inflation expectations ease

Mumbai, Aug. 3 -- The University of Michigan consumer sentiment index edged up from 49.5 in June to 55.2, although it still remains 10.5% below where it was a year ago. The UoM US inflation expectatio... Read More


Economic Buzz: Chicago PMI moves up in June

Mumbai, Aug. 3 -- The Chicago Purchasing Managers' Index (PMI) edged up to 57.6 in July 2026, up from 56.7 in June. Any reading above 50 indicates that the regional manufacturing sector is expanding.T... Read More


Energy Preview: US Baker Hughes Rig Count data reports a total of 588 active drilling rigs

Mumbai, Aug. 3 -- The number of oil and gas rigs actively drilling in the U.S. rose by 1 to 588, the count's 13th gain in the past 15 weeks, Baker Hughes said Friday in its latest weekly survey. The n... Read More


Economic Buzz: US construction spending edges up marginally on monthly basis

Mumbai, Aug. 3 -- Construction spending in the United States amounted to $2.17 billion in June, decreasing 0.1% compared to last month's revised figure, according to a US Census Bureau report publishe... Read More


Economic Buzz: US manufacturing activity expands for seven months in row

Mumbai, Aug. 3 -- Economic activity in the manufacturing sector expanded in July for the seventh consecutive month. The Institute for Supply Management or ISM Manufacturing PMI registered 55.6 percent... Read More


Aavas Financers appoints V.G. Kannan as chairperson

Mumbai, Aug. 3 -- The board has also inducted Kannan as an additional director in the capacity of a non-executive independent director, effective 1 August 2026. His appointment as an independent direc... Read More


Stock Alert: ITC, Tata Motors CV, Maruti Suzuki India, SML Mahindra, Divis Lab

Mumbai, Aug. 3 -- Results To Watch: DLF, Escorts Kubota, Jindal Stainless, and Torrent Power, UPL, Ather Energy, Indian Renewable Energy Development Agency (IREDA), Mobikwik, and SBI Funds Management... Read More


HCL Technologies completes acquisition of HPE's Telco Solutions business

Mumbai, Aug. 3 -- HCL Technologies announced the successful completion of the purchase of HPE's Telco Solutions business. Announced in December 2025, the acquisition further strengthens HCLTech's indu... Read More