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Commodities Buzz: LME Copper inventories slip to one-week low

Mumbai, Aug. 13 -- LME Copper inventories fell in last session, coming off further two-month high. Inventories dropped 700 tonnes to 15500 tonnes to test one-week low. Before this fall, inventories ha... Read More


Dollar index continues to stay pressured amid rising prospects of Federal rate cut

Mumbai, Aug. 13 -- The dollar index continues to linger around a two and half week low on Wednesday morning in Asia amid increased prospects of a Federal rate cut. Data released on Tuesday showed cool... Read More


Cochin Shipyard gains after Q1 PAT rises 8% YoY to Rs 188 crore

Mumbai, Aug. 13 -- Profit before tax for the June quarter was at Rs 249.54 crore, up 5.8% from Rs 235.82 crore reported in the same quarter last year. Total expenses jumped 41.0% YoY to Rs 873.38 cro... Read More


India's external commercial borrowing filings up 27% on month in Jun-25

Mumbai, Aug. 13 -- Reserve Bank of India (RBI) stated in a latest update that in June 2025, Indian companies, including non-banking financial companies (NBFCs), filed proposals with the RBI to raise $... Read More


Market trade in positive terrain; auto shares rally for 3rd day

Mumbai, Aug. 13 -- The key domestic indices traded with modest gains in mid-morning trade, mirroring positive global cues. Upbeat domestic CPI data further lifted market sentiment. Investors will moni... Read More


FSN E-Commerce surges after Q1 PAT jumps 79% YoY; clocks GMV of Rs 4,182 crore

Mumbai, Aug. 13 -- EBITDA improved by 46% to Rs 141 crore in Q1 FY26 from Rs 96 crore in Q1 FY25. EBITDA margin for Q1 FY26 was 6.5% as against 5.5% in Q1 FY25. Profit before tax (PBT) in Q1 FY26 was... Read More


Yen slips past 148 as risk appetite rises

Mumbai, Aug. 13 -- The Japanese yen weakened beyond 148 per dollar on Wednesday as a rally in global risk assets cut demand for safe havens. US inflation data boosted expectations of a Fed rate cut ne... Read More


Economic Buzz: Australia wage growth steady at 3.4% in June quarter

Mumbai, Aug. 13 -- Australia wages growth remained stable in the June quarter, the Australian Bureau of Statistics said on Wednesday. The wage price index grew 3.4 percent on a yearly basis, the same... Read More


Minda Corporation climbs as Q1 revenue rises 16% YoY

Mumbai, Aug. 13 -- Consolidated net profit edged up 1.7% year-on-year to Rs 65 crore in Q1 FY26 from Rs 64 crore in the same quarter last year. Sequentially, net profit jumped 25.5% from Rs 52 crore i... Read More


Commodities Buzz: API data shows US crude inventories rise by 1.5 million barrels

Mumbai, Aug. 13 -- The American Petroleum Institute (API) estimated that crude oil inventories in the United States rose this week, growing by an additional 1.5 million barrels in the week ending Augu... Read More