Ambuja Cements starts FY27 on strong operational note, eyes 119 MTPA capacity

IANS | July 28, 2026 3:44 PM

Ahmedabad, July 28 (IANS) Adani Group-backed Ambuja Cements Ltd on Tuesday reported a strong operational performance for the first quarter of FY27, driven by higher trade sales, premiumisation and cost optimisation, while reaffirming its plan to expand cement manufacturing capacity to 119 million tonnes per annum (MTPA) by the end of the fiscal.

China industrial profit growth slows down for 2nd month over easing energy costs

IANS | July 28, 2026 2:19 PM

New Delhi, July 28 (IANS) China’s industrial profits climbed 15.1 per cent in June from the previous year, data from the National Bureau of Statistics (NBS) showed, pointing to a two‑month slowdown as easing energy costs trimmed the price gains that helped drive a rebound earlier this year, a new report has said.

Chinese investment in Pak’s infrastructure failed to trigger economic growth: Report

IANS | July 28, 2026 1:50 PM

New Delhi, July 28 (IANS) The debate surrounding the China-Pakistan Economic Corridor (CPEC) has become trapped between two extremes. One side portrays it as a transformational success that modernised Pakistan’s infrastructure and the other treats it as the source of many of the country’s current economic difficulties. Both perspectives miss the larger lesson, according to a new report.

India's private space tech sector raises $871 million through July: Report

IANS | July 28, 2026 1:38 PM

New Delhi, July 28 (IANS) India's private SpaceTech ecosystem has raised a record $871 million across 241 funding rounds through July 2026, driven by policy reforms that opened the sector to private participation and attracted institutional capital, according to a report released on Tuesday.

HUL Q1 profit falls 4 pc on higher input costs; shares tumble over 6 pc

IANS | July 28, 2026 1:14 PM

New Delhi, July 28 (IANS) FMCG major Hindustan Unilever Ltd (HUL) on Tuesday posted a 4 per cent year-on-year decline in its standalone net profit to Rs 2,631 crore for the first quarter of FY27, as higher raw material costs and increased expenses weighed on margins despite robust sales growth.