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Economic Buzz: Japan machine tools orders tumble around 13% on month in January

Mumbai, Feb. 12 -- Japan's machine tool orders rose for the fourth straight month in January, though the pace of growth eased sharply since December, preliminary data from the Japan Machine Tool Build... Read More


Cyient DLM climbs on securing Boeing contract

Mumbai, Feb. 12 -- "This contract with Boeing is a significant achievement for Cyient DLM, showcasing our advanced manufacturing capabilities and unwavering commitment to excellence," the company said... Read More


Cycle manufacturers urged to offer incentives to promote cycling in India

Mumbai, Feb. 12 -- Union Minister of Youth Affairs & Sports and Labour & Employment, Mansukh Mandaviya met with leading cycle manufacturers yesterday to discuss strategies for promoting cycling nation... Read More


Market Speaks: Chinas Crude Oil imports slide around 2% in 2024

Mumbai, Feb. 12 -- The US Energy Information Administration or EIA stated in a latest update that slower oil demand growth in 2024 led to less crude oil processed by China's refineries and fewer crude... Read More


Gensol Engineering tanks as Q3 PAT slides 22% QoQ to Rs 18 crore

Mumbai, Feb. 12 -- On a consolidated basis, Gensol Engineering's net profit declined 22.11% to Rs 17.86 crore in Q3 FY25 as against Rs 22.93 crore in Q2 FY25. Revenue from operations shed 0.42% to Rs ... Read More


Energy sector playing significant role in Indias growth

Mumbai, Feb. 12 -- The Prime Minister Narendra Modi delivered his remarks at the India Energy Week 2025 via video message yesterday. Highlighting that experts worldwide are asserting that the 21st cen... Read More


Commodities Buzz: LME Copper inventories fall 10% in 2025 so far

Mumbai, Feb. 12 -- LME Copper inventories dropped in last session, adding to recent declines. Inventories fell by 2525 tonnes to 243300 tonnes, sliding to seven month low. Inventories have dipped arou... Read More


NALCO reports multi-fold Q3 PAT to Rs 1,583 cr; declares dividend of Rs 4/share

Mumbai, Feb. 11 -- Revenue from operations jumped 39.27% YoY to Rs 4662.22 crore in the quarter ended 31st December 2024. Profit before tax stood at Rs 2,121.90 crore in Q3 FY25, steeply higher than ... Read More


Bata India PAT rises 1% YoY to Rs 59 crore in Q3 FY25

Mumbai, Feb. 11 -- Revenue from operations added 1.69% year on year (YoY) to Rs 918.79 crore in the quarter ended 31 December 2024. Profit before exceptional items and tax spiked 12.87% to Rs 88.08 c... Read More


RBI is accumulating gold to maintain a balanced reserve portfolio: FM

Mumbai, Feb. 11 -- Union Finance Minister Nirmala Sitharaman on Monday reportedly said in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is n... Read More