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Economic Buzz: China services growth slows in March but outlook stays positive

Mumbai, April 3 -- China's services sector continued to expand in March, with both activity and new business increasing, though at a slower pace than in February, according to the latest PMI data. Th... Read More


Economic Buzz: US jobless claims fall to near two-year low, signaling steady labor market

Mumbai, April 3 -- Applications for U.S. unemployment benefits dropped last week to one of the lowest levels seen in the past two years, indicating that layoffs remain limited. Initial claims fell by... Read More


Economic Buzz: US trade deficit edges up as imports slightly outpace exports

Mumbai, April 3 -- The U.S. trade deficit widened to $57.3 billion in February from $54.7 billion in January, as imports and exports both posted solid gains. Imports increased by 4.3%, slightly higher... Read More


RVNL bags Rs 242 crore OHE upgradation contract from South Central Railway

Mumbai, April 3 -- The project involves design, supply, erection, testing and commissioning for upgrading the existing 1x25 kV system to a 2x25 kV AT feeding system, along with feeder and earthing wor... Read More


GR Infraprojects bags Rs 1,897-cr EPC rail project from West Central Railway

Mumbai, April 3 -- The project involves construction of a new railway line between Bahari and Gondawali stations, covering a wide range of works including earthwork, bridges, viaducts, tunnels, statio... Read More


Escorts Kubota to raise tractor prices from 15 April26

Mumbai, April 3 -- The company stated that the price revision will vary across different models, variants, and geographies. Escorts Kubota is primarily engaged in the business of manufacturing agricu... Read More


Sun Pharma Advanced Research Company announces change in senior management

Mumbai, April 3 -- Sun Pharma Advanced Research Company announced that Dr. Shravanti Bhowmik, Head of Operations Management, and a member of Senior Management Team of the Company has resigned from her... Read More


Ola Electric receives PLI certification for its Roadster X+ 4.5 kWh

Mumbai, April 3 -- Ola Electric Mobility today announced that it has received the Certification for Compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) ... Read More


Commodities Buzz: Global Sugar prices tank to two-week low

Mumbai, April 3 -- Global Sugar prices are giving up recent gains. New York Raw sugar futures fell around 2% to 2-week lows on Thursday as markets eyed rising sugar production in India. India's Nation... Read More


Union Bank of Indias domestic advances rise 10% YoY in Q4

Mumbai, April 3 -- Domestic deposits grew 2.72% YoY to Rs 13,06,297 crore, while rising 6.88% QoQ as of 31 March 2026. Domestic CASA deposits stood at Rs 4,59,988 crore, increasing 7.90% YoY and 10.82... Read More