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Economic Buzz: Global manufacturing sector moves into expansion zone

Mumbai, Feb. 4 -- The J.P.Morgan Global Manufacturing PMI - a composite index produced by J.P.Morgan and S&P Global Market Intelligence in association with ISM and IFPSM - rose to 50.1 in January, to ... Read More


Avantel edges higher after bagging 5-year service contract from ISRO

Mumbai, Feb. 4 -- The project is a comprehensive annual maintenance contract (CAMC) for wind profiler radar which has to be executed till January 2030. Avantel specializes in providing strategic solu... Read More


Motilal Oswal Mutual Fund launches Innovation Opportunities Fund

Mumbai, Feb. 4 -- Motilal Oswal Mutual Fund (MOMF) has announced the launch of its new fund offer (NFO), the 'Motilal Oswal Innovation Opportunities Fund'. The open-ended equity scheme will focus on c... Read More


Market Speak: China hits back; US goods face tariffs, Google investigated

Mumbai, Feb. 4 -- Day after Donald Trump ignited a trade war with China, Beijing hit back with counter tariffs and a fresh crackdown on US tech. China announced a 15% tariff on American coal and LNG, ... Read More


Nifty trades above 23,550; metal shares shine; VIX rallies 3.53%

Mumbai, Feb. 4 -- The domestic equity benchmarks traded with substantial gains in early afternoon trade, following gains in Asian markets. This came after the U.S. paused its planned tariffs on Canada... Read More


Budget provides fundamental shift in tax administration approach

Mumbai, Feb. 4 -- Central Board of Direct Taxes Chairman, Ravi Agrawal, alluded to the fundamental shift in tax administration approach, emphasising a new 'PRUDENT' framework: Proactive and profession... Read More


Adani Ports gains as Jan'25 cargo volume rises 13% YoY

Mumbai, Feb. 4 -- The growth in the cargo volumes was led by containers (up 32% YoY) and liquids and gas (up 18% YoY). On a year-to-date (YTD) basis, APSEZ handled 372.2 MMT of total cargo (up 7% YoY... Read More


Budget prioritises non-inflationary growth through careful fiscal management

Mumbai, Feb. 4 -- The new budget prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing channelled exclusively into capital expenditure. When we ... Read More


Sterling Green Woods to discuss results

Mumbai, Feb. 4 -- Sterling Green Woods will hold a meeting of the Board of Directors of the Company on 14 February 2025. Published by HT Digital Content Services with permission from Capital Market.... Read More


Castrol India surges after PAT rises to Rs 271 crore in Q3 FY25

Mumbai, Feb. 4 -- Total operating expenditure rose by 4.6% YoY to Rs 978.03 crore in Q3 FY25, due to higher inventory buildup (up 322.2% YoY) and higher other expenses (up 7.7% YoY). Profit before ta... Read More