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File photo of Ashok Leyland | Photo Credit: The Hindu Ashok Leyland Ltd. for the second quarter ended September 20, 2025, reported 7% growth in consolidated net profit [attributed to owners of the company] to ₹756 crore as compared with ₹706 crore in the year-ago period. During the quarter revenue increased 9% year on year…
The MSMEs need measures to address the funding gap the sector faced, said the president of the Coimbatore District Small Industries Association M. Karthikeyan, at a pre-budget meeting organised by the Union Finance Minister Nirmala Sitharaman in New Delhi on Wednesday (November 12, 2025) with MSME associations. The MSMEs need ₹30 lakh crore, according to…
India’s Petroleum Minister Hardeep Singh Puri (L) with Canada’s Minister for International Trade Maninder Sidhu on November 12, 2025. Photo: X/@@HardeepSPuri Union Petroleum Minister Hardeep Singh Puri met Canada’s Minister for International Trade Maninder Sidhu Wednesday (November 12, 2025) to discuss bilateral hydrocarbon trade between the two nations. Mr. Puri wrote in a social media…
Union Minister for Railways, Information & Broadcasting, and Electronics & Information Technology, Ashwini Vaishnaw during a Cabinet Briefing. File. | Photo Credit: ANI The government on Wednesday (November 12, 2025) approved an Export Promotion Mission with an outlay of ₹25,060 crore for six financial years, beginning this fiscal, a move which will help exporters deal…
Read More “Govt approves Export Promotion Mission with outlay of ₹25,060 crore for six years” »
The overseas arm of the exploration and production company, ONGC Videsh holds 16% interest in the project through its subsidiaries | Photo Credit: Reuters State-owned explorer ONGC Wednesday announced the formal end of the force majeure of the Area 1 LNG project in Mozambique. It informed that the consortium of the 13.12 million metric tonnes…
Read More “ONGC announces end of ‘force majeure’ of Mozambique LNG project” »
Asian Paints’ total expenses were at ₹7,376.69 crore in the September quarter, up 4% year on year. File | Photo Credit: Reuters Asian Paints on Wednesday reported an increase of 46.8% in consolidated net profit at ₹1,018.23 crore in the September quarter of FY26. The company had logged a net profit of ₹693.66 crore during…
Read More “Asian Paints Q2 profit climbs 46.8% to ₹1,018.23 crore” »
Representational file image. | Photo Credit: Reuters Coal production in October slipped 8.5% on a year-over-year (YoY) basis to 77.43 million tonnes (MT) marred by a prolonged monsoon and resulting subdued demand for power. The production scaled below the stipulated target of 79.59 MT for the reporting month. Data from Grid Controller of India (erstwhile…
Read More “Coal production slips 8.5% in October following prolonged monsoons” »
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 16 paise to close at 88.66 (provisional) against the U.S. dollar on Wednesday (November 12, 2025), weighed down by the strength of the American currency in the overseas market and elevated crude oil prices. Forex traders said the rupee…
Read More “Rupee depreciates 16 paise to close at 88.66 against U.S. dollar” »
According to the data released by the National Statistics Office, the food inflation declined to (-) 5.02% in October. File. | Photo Credit: Sushil Kumar Verma Retail inflation slipped to a multi-year low of 0.25% in October, driven by the impact of the GST rate cut and subdued prices of vegetables and fruits, government data…
Read More “Retail inflation declines to multi-year low of 0.25% in October” »
Equity benchmark indices Sensex and Nifty continued their upward momentum for the third straight day on Wednesday (November 12, 2025), supported by gains in IT and consumer durables shares amid a rally in global equities markets. Traders said optimism over the anticipated resolution of the U.S. government shutdown and growing expectations of interest rate cuts…
Read More “Sensex jumps 595 points on strong global cues; Nifty ends above 25,850-mark” »