Adani Power Ltd slips for fifth straight session

Mumbai, Aug. 17 -- Adani Power Ltd dropped for a fifth straight session today. The stock is quoting at Rs 203.3, down 0.95% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.... Read More

Crude holds near $82 as Hormuz disruptions keep supply risks elevated

Mumbai, Aug. 17 -- Crude oil traded near $82 a barrel on Monday, easing after last week's more than 5% surge as disruptions in the Strait of Hormuz kept supply concerns elevated. The US-Iran standoff ... Read More

BSE slides after foreign broker downgrades stock to 'underperform'

Mumbai, Aug. 17 -- The global brokerage also cut its target price by 16% to Rs 2,940 from Rs 3,520 and lowered its FY27-FY29 estimated earnings per share (EPS) by 5-12%. The brokerage said BSE's reve... Read More

Economic Buzz: China jobless rate climbs to 5.2% as migrant unemployment worsens

Mumbai, Aug. 17 -- China's surveyed urban unemployment rate rose to 5.2% in July from 5.0% in June. Unemployment among migrant workers increased to 5.2% from 4.9%, pointing to softer labour-market con... Read More

Commodities Buzz: Gold net speculative long positions see sharp rise

Mumbai, Aug. 17 -- Precious metals speculators increased their net long position in the Gold futures sharply, according to the latest Commitment of Traders (COT) data released by the Commodity Futures... Read More

Economic Buzz: China industrial output slows to 4.5% as domestic demand weakens

Mumbai, Aug. 17 -- China's industrial production growth slowed to 4.5% YoY in July from 5.3% in June, amid weak domestic demand and extreme weather disruptions. Manufacturing growth eased to 5.5%, whi... Read More

Economic Buzz: China retail sales slow to 0.6% as 17% auto slump drags consumption

Mumbai, Aug. 17 -- China's retail sales growth slowed to 0.6% YoY in July from 1% in June, reflecting continued weakness in consumer demand. Automobile sales plunged 17%, while furniture and building ... Read More

PTC Industries spurts after PAT rises over fivefold to Rs 29 crore in Q1

Mumbai, Aug. 17 -- Total income increased by 83% year-on-year (YoY) to Rs 197.1 crore during the period under review. While EBITDA rose by 180.1% year-on-year (YoY) to Rs 54.2 crore, EBITDA margin ex... Read More

Lupin receives USFDA approval for Pitolisant Tablets, 4.45 mg and 17.8 mg

Mumbai, Aug. 17 -- Lupin has received the final approval from the United States Food and Drug Administration (U.S. FDA) for its Abbreviated New Drug Application for Pitolisant Tablets, 4.45 mg and 17.... Read More

Sky Gold enters MSCI India Domestic Small Cap Index

Mumbai, Aug. 17 -- Sky Gold & Diamonds has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. Published by HT Digital Content Services with p... Read More

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