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Sensex pares gains, Nifty slips amid West Asia tensions; FMCGs outperform
Benchmark equity indices erased early gains and settled marginally flat on Wednesday as escalating geopolitical tensions in West Asia, weak global cues and profit booking at higher levels weighed on…
Rupee ends nearly flat amid oil volatility and dollar demand pressures
The Indian rupee navigated competing impulses to end little changed on Wednesday, with traders pointing to volatility in oil prices, elevated dollar demand due to maturing non-deliverable forward contracts and…
Hindustan Zinc signs pact with Sulfozyme Agro to advance sustainable metal recovery
Vedanta group firm Hindustan Zinc on Wednesday said it has signed a pact with Sulfozyme Agro India under its Zinc Industrial Park initiative to advance sustainable metal recovery. Under the…
Rupee to average around 96/$ in FY27; risks from oil, dollar persist: Motilal Oswal
The rupee is likely to average around 96/USD in FY27, however, the outlook remains subject to key downside risks, including potential US dollar appreciation and a rate hike scenario, geopolitical…
Varvee Global bags ₹12 crore order to supply suiting fabrics
Varvee Global, an integrated textile manufacturer, has bagged purchase order valued at about ₹12 crore. The order comprises the supply of nearly 9 lakh meters of suiting fabrics. Scheduled for…
Godrej bets ₹350 crore on warehouse, forklift plant to tap quick-commerce boom
The is betting ₹350 crore on India’s booming quick-commerce and warehousing sector as its ₹1,000-crore material handling business looks to scale to ₹1,500-2,000 crore over the next two years. The…
Gold slumps ₹4,300, silver tanks ₹10,000 as fresh oil rally rattles bullion demand
Gold prices slumped by Rs 4,300 to Rs 1.56 lakh per 10 grams while silver crashed by Rs 10,000 to Rs 2.45 lakh per kg in the national capital on…
Gold ETFs break 13-month streak of positive inflow; record ₹725 cr outflow in May
Gold ETFs witnessed an outflow of ₹725 crore in May, breaking a 13-month streak of positive inflows, due to government appeals against purchasing the yellow metal and several asset management…
Larry Ellison loses over $47 billion in less than a week as Oracle stock slumps; falls to number 5 on richest list
Amid Oracle’s stock slump ahead of the upcoming earnings report, more than $47 billion has been wiped off founder Larry Ellison’s net worth in under a week. Ellison’s fortune fell…