India's auto sector accelerates in EV segment

IANS | August 28, 2025 1:54 PM

New Delhi, Aug 28 (IANS) The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units.

Mangal Electrical shares slip nearly 4 pc after weak debut

IANS | August 28, 2025 1:39 PM

Mumbai, Aug 28 (IANS) Shares of transformer components maker Mangal Electrical Industries Limited made a weak debut in the stock market on Thursday as the company’s stock was listed at Rs 556 on the National Stock Exchange (NSE) and Rs 558 on Bombay Stock Exchange (BSE), nearly 1 per cent lower than the issue price of Rs 561 per share.

Pakistan strongman Asim Munir dragging US into Afghanistan-like mess again

IANS | August 28, 2025 1:23 PM

New Delhi, Aug 28 (IANS) While Pakistan Army chief Asif Munir has succeeded in selling his idea of the potential that his country holds for the US to mine rich rare earth materials and oil, what American President Donald Trump’s advisers are brushing under the carpet is that venture could land them back in the same mess that they had ended up in Afghanistan and from which they have only just pulled out.

India to clock average 6.5 pc growth in next 10 years, macro balance sheet strong

IANS | August 28, 2025 12:19 PM

New Delhi, Aug 28 (IANS) The starting point of India's macro balance sheet is positively positioned, underpinned by a robust macro-stability framework (fiscal consolidation and flexible inflation targeting framework), productivity enhancing policy reforms, and favourable structural factors such as demographics, that lend support to the growth trajectory, a Morgan Stanley report said on Thursday.

Indigo shares decline over 4 pc on promoter offloading stake

IANS | August 28, 2025 12:12 PM

Mumbai, Aug 28 (IANS) The shares of InterGlobe Aviation, the parent company of IndiGo Airlines, tanked over 4 per cent in the early trading on Thursday on news of promoter Rakesh Gangwal's family selling stocks worth Rs 7,085 crore through a block deal.