BUSINESS

Top cement cos plan to invest ₹30,500 crore in this fiscal

UltraTech Cement, Ambuja Cement and ACC top the table with a capex plan of ₹9,000 crore each in FY26

THE HINDU BUSINESS LINE
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AGRICULTURE

Soyabean stakeholders hold 38.84 lakh tonnes stocks as meal production, exports drop

Planters, farmers hold some 22.84 lakh tonnes and Govt agencies another 16 lakh tonnes

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ECONOMY

India poised to become the AI office of the world: Cognizant’s Rajesh Varrier

Varrier highlighted that in the last 20 years, India’s GDP has only grown on the back of technology, and the adoption of the internet

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ECONOMY

India, China agree to fast-track resumption of direct air services

In a meeting between Indian Foreign Secretary and Chinese Vice Foreign Minister, the two sides agreed to facilitate visas, exchanges between media, think-tanks

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BANKING

Maruti Suzuki collaborates with Equitas Small Finance Bank to expand retail car financing

Aimed at providing retail financing solutions for new cars, used cars, and commercial vehicles, this collaboration will help enhance the accessibility and affordability of Maruti Suzuki vehicles for a broader range of customers, a state ...more

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BUSINESS

India's Forex Reserves Just Shy Of Record High After $5.2 Billion Jump Last Week

In 2023, India added around USD 58 billion to its forex reserves, in contrast to a cumulative decline of USD 71 billion in 2022. 

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BUSINESS

India considers temporary export curbs on rare earth elements, amid global supply crisis, especially for EV components

The purchase sale agreement was renewed on February 7, 2022, as per an older Annual Report of IREL

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Yes Bank rating upgrade: Moody’s lifts Yes Bank to Ba2 on stronger buffers, cites lower NPAs, better provisioning

Moody's Ratings has upgraded Yes Bank's long-term deposit ratings to Ba2, driven by improvements in the bank's credit profile, including capital adequacy and loan loss reserves. The agency also raised Yes Bank’s Baseline Credit Assess ...more

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Electric two-wheeler launches this year to be hit by rare earth magnets crunch

Launches of new electric two-wheelers are likely to be postponed towards the end of FY26, say industry circles  

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US stock markets today: Wall Street open lower amid Iran-Israel conflict, Dow drops over 500 points, Nasdaq and S&P 500 follow suit

US stocks plummeted at the opening bell on Friday following reports of Israeli airstrikes on Iran, escalating Middle East tensions. The Dow Jones Industrial Average sank over 570 points, with the S&P 500 and Nasdaq also declining. Surgi ...more

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BUSINESS

Air India may see temporary dip in bookings post crash, say agents

Ongoing tensions between Iran and Israel may also affect air travel companies

THE HINDU BUSINESS LINE
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ECONOMY

Extended Iran-Israel conflict would push up crude oil prices, freight rates, say trade sources

If the Strait of Hormuz is blocked, supplies would have to be routed via the Cape of Good Hope, which would extend the delivery time by two weeks and raise shipping rates

THE HINDU BUSINESS LINE
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