Delhi NCR, July 30: Trehan IRIS has committed an estimated project cost of approximately Rs 1,300 crore to Omara, its flagship residential development in Sector 80, Gurugram, as disclosed in the project’s RERA registration. The capital is being deployed into a category that is currently the fastest-growing segment of the…
Continue ReadingTexmaco Rail, Touax and TrinityRail Plan 100 New Rakes to Strengthen India’s Freight Network
New Delhi, July 30: Texmaco Rail & Engineering, in collaboration with Touax and TrinityRail, has announced plans to invest in 100 rail rakes in India over the next three to five years, marking a major step towards strengthening the country’s freight transportation infrastructure. The partnership aims to increase the availability of…
Continue ReadingIndia Maintains Strong Economic Momentum as Global Uncertainties Persist
New Delhi, July 30: India’s economy continues to show resilience despite challenges in the global environment, according to the latest Finance Ministry report. The assessment highlights that strong domestic demand, steady investment, and ongoing policy support are helping the country maintain its growth momentum. The report noted that while factors such…
Continue ReadingFrom 5G Growth to 6G Leadership: India Sets Ambitious Vision for Future Connectivity
New Delhi, July 30: India is set to witness a major expansion in next-generation connectivity, with the country’s 5G user base expected to double and reach around 100 crore users by 2030, according to Union Communications Minister Jyotiraditya Scindia. The announcement highlights India’s rapid progress in digital infrastructure and its growing…
Continue ReadingEthanol Fuel Push to Support Cleaner Mobility as Government Rules Out Inflation Concerns
New Delhi, July 30: The government has clarified that the use of broken rice for ethanol production has not contributed to inflation, as India continues to expand its ethanol blending programme to support cleaner energy and reduce dependence on imported fuel. The initiative is expected to benefit the automobile sector by…
Continue ReadingEquirus Securities – Dabur India 1QFY27: Calibrated Pricing to Support Growth; Risk-Reward Improves – Maintain ADD
July 30: Dabur’s consolidated revenue and EBITDA for 1QFY27 grew 11percentage year-on-year to Rs 37.6 billion and Rs 7.4 billion, respectively, supported by 5percentage India FMCG volume growth and healthy pricing. Gross margins expanded 32 basis points YoY to 47.3percentage. Domestic growth was led by Hair Care and Oral Care,…
Continue ReadingEquirus Securities: MAS Financial 1QFY27 – Strong AUM Growth, Better Margins, Stable Asset Quality
July 30: MAS Financial Services Ltd. reported a healthy performance for the first quarter of FY27, with total income growing 29.6 percentage year-on-year and 4.5percentage quarter-on-quarter to Rs 3.1 billion, ahead of the estimated Rs 2.9 billion by 4.4percentage. Net interest income grew 43.9percentage YoY and 15.6 percentage QoQ to…
Continue ReadingConfidence in workplace health and wellbeing support can unlock the productivity premium
July, 30: Businesses could unlock a significant productivity premium potentially worth billions of pounds by fostering workplace cultures in which employees feel confident to speak openly about their health and wellbeing, according to new global research commissioned by BSI. Economic modelling by the Centre for Economics and Business Research (CEBR)…
Continue ReadingNifty Jumps over 250 Points as August Series Begins: HDFC Securities’ Nandish Shah
July 30: After yesterday’s muted session, Nifty staged a strong comeback on the first day of the August series, surging 264 points to close at 24,250. The index opened 191 points higher and steadily extended gains through the day. From the recent swing low of 23,606 recorded on 24 July,…
Continue ReadingFlat June PCE forecast masks persistent U.S. services inflation, Truflation finds
Core PCE is forecast at 3.3% year-on-year, supporting a cautious, higher-for-longer Federal Reserve outlook ZURICH, July 30 – Truflation, the independent, real-time economic data provider, released its June U.S. Personal Consumption Expenditures Price Index (PCE) forecast, projecting flat headline inflation of 0.0% month-on-month and 3.7% year-on-year. Key findings from Truflation’s…
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