Mumbai, Aug 6 (IANS) Air conditioner (AC) manufacturer Blue Star on Wednesday reported a sharp drop in its earnings for the first quarter (Q1) of FY26, with net profit falling 37.7 per cent quarter-on-quarter (QoQ) to Rs 120.82 crore from Rs 194 crore in the previous quarter (Q4 FY25).
Mumbai, Aug 6 (IANS) The Indian stock market ended slightly lower after witnessing volatile trading on Wednesday, as investors showed mixed reaction to the Reserve Bank of India's (RBI) decision to keep the repo rate unchanged at 5.5 per cent.
New Delhi, Aug 6 (IANS) Morgan Stanley on Wednesday said that in terms of policy response, it sees the likelihood of another rate cut by the RBI in Q4 (likely in October policy) amid headwinds from tariff-related developments.
New Delhi, Aug 6 (IANS) India's installed solar PV module manufacturing capacity has reached 91.6 GW, according to the approved list of models and manufacturers (ALMM), the Parliament was informed on Wednesday.
New Delhi, Aug 6 (IANS) Prime Minister Narendra Modi on Wednesday lauded Union Minister of State for Textiles, Pabitra Margherita, for highlighting the remarkable growth of India’s handloom sector.
New Delhi, Aug 6 (IANS) There are more than 1,700 global capabilities centres (GCCs) currently operating in India, employing more than 19 lakh people, the Parliament was informed on Wednesday.
New Delhi, Aug 6 (IANS) Indian Railways has so far fitted 11,535 coaches across zones with CCTV cameras to improve the safety and security of passengers, the Parliament was informed on Wednesday.
New Delhi, Aug 6 (IANS) The production of electronics goods in the country saw six-time growth in the last 11 years -- from Rs 1.9 lakh crore in 2014-15 to Rs 11.3 lakh crore in 2024-25, as exports surged eight times from Rs 38,000 crore to Rs 3.27 lakh crore in the same period, Parliament was informed on Wednesday.
New Delhi, Aug 6 (IANS) The proposed US tariffs on India will have a "manageable" impact on India's economy, affecting just 0.19 per cent of the country's GDP, industry leaders projected on Wednesday.
Mumbai, Aug 6 (IANS) Reserve Bank of India Governor Sanjay Malhotra said on Wednesday that the US tariff hike will not have any major impact on the Indian economy unless there is a retaliatory tariff.
