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According to Natco Pharma, during the April-June quarter this year, the business faced pricing pressure in the U.S. product portfolio and the company incurred increased R&D expenses on account of high value projects. File | Photo Credit: Reuters Generic drugmaker Natco Pharma reported consolidated net profit for the June quarter declined more than 28% to…
In the local markets, gold of 99.5 per cent purity dipped ₹1,000 to ₹1,01,100 per 10 grams (inclusive of all taxes) on August 12, 2025. File photo: Special Arrangement Gold prices plunged ₹1,000 to ₹1,01,520 per 10 grams in the national capital on Tuesday (August 12, 2025) in line with a sell-off in global markets,…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Union government’s gross direct tax collections contracted 1.9% to ₹7.99 lakh crore in the current financial year 2025-26 up to August 11, 2025, according to data released by the Central Board of Direct Taxes. Higher refunds also meant that net collections contracted 3.9%…
Indian Council for Agricultural Research-Central Institute of Freshwater Aquaculture (ICAR-CIFA), Bhubaneswar, has been chosen to spearhead a multi-country effort to transform the lives of 1.2 lakh rural households, 30% of which comprise women, across Bangladesh, Bhutan, India, Nepal and Sri Lanka. The SAARC Development Fund (SDF), in partnership with leading national institutions and technical government…
The National Aluminium Company Limited (NALCO), the Navratna Central Public Sector Enterprise, reported impressive performance in the first quarter ended June 30 for the 2025-26 fiscal, registering a 77% rise in net profit to ₹1,064 crore from ₹601 crore achieved in the corresponding period of the previous year. As per results taken on record at…
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Image used for representation purpose only., | Photo Credit: Reuters The rupee traded in a narrow range and edged higher by 10 paise to 87.65 against the U.S. dollar in early trade on Tuesday (August 12, 2025), amid a positive trend in domestic equities. Forex traders said the rupee is trading in a tight range…
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A .view of the Bombay Stock Exchange in Mumbai. | Photo Credit: PTI Benchmark indices Sensex and Nifty were trading in positive territory in early trade on Tuesday (August 12, 2025) helped by buying in IT stocks and a firm trend in Asian markets. The 30-share BSE Sensex climbed 66.28 points to 80,670.36 in early…
Read More “Markets trade higher in early trade on buying in IT stocks, firm trend in Asian peers” »
Opposition Members protest in the Lok Sabha on August 11, 2025. Photo: Sansad TV via PTI As the Opposition members continued their protest, the Lok Sabha on Monday (August 11, 2025) passed the two crucial Bills pertaining to taxation without any debate. Union Finance Minister Nirmala Sitharaman introduced the Income-Tax (No 2) Bill and the…
A Tesla Model Y is parked at a charging station in New Delhi, India, August 11, 2025. | Photo Credit: Reuters American electric vehicle maker Tesla plans to expand its super charging network in Delhi-NCR, Mumbai and Bangalore as it plans to start deliveries in India by September, a senior company official said on Monday…
Read More “Tesla India opens second showroom in Delhi Aerocity with city’s first charging station” »
FIIs bought equities worth ₹1,932.81 crore on August 8, 2025, according to exchange data. File | Photo Credit: Reuters Benchmark BSE Sensex rallied 746 points to close above the 80,000 marks on Monday (August 11, 2025) following buying in oil, auto and banking shares amid fresh foreign fund inflows. The 30-share Sensex jumped 746.29 points…
Read More “Sensex jumps 746 points amid fresh foreign fund inflows, rally in U.S. peers” »