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Zinc futures gain as spot demand improves

India, Dec. 1 -- Zinc prices edged higher on Monday, rising Rs 2.25 to Rs 305.40 per kg in futures trade amid stronger spot demand. On the Multi Commodity Exchange (MCX), December zinc contracts incr... Read More


Copper futures slip on weak domestic demand

India, Dec. 1 -- Copper futures declined on Monday, dropping Rs 9.30 to Rs 1,045 per kg on the Multi Commodity Exchange (MCX), as traders cut positions amid subdued demand in the domestic market. The... Read More


India's Manufacturing PMI slips to 9-month low in November

India, Dec. 1 -- India's manufacturing activity moderated to a nine-month low in November, as growth in sales and production softened amid challenging market conditions, according to a monthly survey.... Read More


Toyota Kirloskar Motor Posts 19% YoY Sales Growth in November

India, Dec. 1 -- Toyota Kirloskar Motor reported a 19% year-on-year rise in wholesales to 30,085 units in November, compared with 25,182 units dispatched during the same month last year. The company ... Read More


Bajaj Auto's domestic two-wheeler sales slip 1% in November

India, Dec. 1 -- Bajaj Auto's domestic two-wheeler sales declined 1% year-on-year in November, falling to 2,02,510 units from 2,03,611 units a year earlier. However, the company posted an 8% YoY incr... Read More


Silver futures hit new record high on weak dollar, Fed rate-cut hopes

India, Dec. 1 -- Silver futures surged to an all-time high of Rs 1,78,649 per kg, rising rs 3,668 on Monday, as a weaker US dollar and increasing expectations of a US Federal Reserve rate cut boosted ... Read More


Sun Pharma launches ILUMYA in India for Plaque Psoriasis Treatment

India, Dec. 1 -- Sun Pharmaceutical Industries has introduced its innovative biologic therapy ILUMYA (Tildrakizumab) in India for the treatment of moderate-to-severe plaque psoriasis. Widely recognis... Read More


SWREL Secures Rs 1,400-cr Solar Project Order from Adani Green in Gujarat

India, Dec. 1 -- Sterling and Wilson Renewable Energy Ltd (SWREL) has announced the win of a major order worth nearly Rs 1,400 crore from Adani Green Energy Ltd (AGEL) in Gujarat. According to the co... Read More


Lupin gets USFDA approval for Pegfilgrastim Biosimilar

India, Dec. 1 -- Lupin announced on Monday that it has received approval from the US Food and Drug Administration (USFDA) for its biosimilar Armlupeg (pegfilgrastim-unne), used to treat neutropenia in... Read More


Rupee Closes 8 Paise Lower at 89.53 Against US Dollar

India, Dec. 1 -- The rupee slipped 8 paise to settle at 89.53 (provisional) against the US dollar on Monday, pressured by strong demand for the American currency. According to forex traders, the rupe... Read More