Top-5 valued firms add Rs 1.54 lakh crore in market cap; TCS emerges biggest gainer
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Gold, silver under pressure this week as US-Iran conflict, oil rally cloud outlook
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India-UK ties to remain strong under new PM Andy Burnham, say strategic experts
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RIL Q1 profit plunges 25% to 23,000 crore, revenue up 25%
Reliance Industries saw a 25% profit decline, yet revenue grew significantly. Strong performances from oil-to-chemicals and Jio digital services boosted overall results. Jio's earnings climbed, supported by subscriber growth and increased average revenue per user. Retail and oil and gas divisions showed stable or slightly varied ebitda figures. The company maintains a healthy cash balance to cover its net debt obligations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QBzCGP6 >
Govt to take equity stakes in semiconductor startups
Works on a model of larger, milestone-linked funding from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/W24wJvO >
India exports $140 million worth of goods to UK at zero duty on Day 1 of trade pact implementation
India exported over $140 million in goods duty-free to the UK on Wednesday. More than fifty export consignments were flagged off from over twenty locations. These shipments included electronics, pharmaceuticals, and textiles, reaching various global gateways. The Comprehensive Economic and Trade Agreement grants Indian exports nearly ninety-nine percent duty-free access. This landmark pact is expected to significantly increase bilateral trade between the two nations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/3GWsyLC >
UK backs India’s security concerns, says trade deal based on trust
The India-UK trade deal commenced, reflecting significant trust and cooperation between nations. This agreement is expected to boost both economies and enhance bilateral trade relations. Discussions also addressed national security and the extradition of financial fugitives. The pact aims to strengthen ties in defense, technology, and climate initiatives. Both countries anticipate increased GDP and financial trade following this landmark agreement. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yw06Pfa >