The manufacturing sector grew at a 5-month high of 3.9% in June 2025, up from 3.2% in May and 3.5% in June of last year. Representational file image. | Photo Credit: Reuters Growth in industrial activity slowed to a 10-month low of 1.5% in June 2025, down from 1.9% in May. This slowdown was driven…
Thangamayil Jewellery Ltd reported a 19% year-on-year decline in net profit to ₹46 crore in Q1 FY26, despite a 27% increase in revenue to ₹1,555 crore. Madurai-based Thangamayil Jewellery Ltd reported a 19 per cent drop in net profit to ₹46 crore for the first quarter ended June 30, 2025, as against ₹57 crore in…
Congress’s Jairam Ramesh criticises Finance Minister’s remarks on private sector investment, urging government action to support incomes and protect Indian industries. File | Photo Credit: ANI , The Congress on Monday (July 28, 2025) claimed that the net foreign direct investment has fallen steeply while domestic investors are gripped by “fear and uncertainty”, as it…
From the Sensex firms, Kotak Mahindra Bank tumbled 7.31% after the company reported a consolidated net profit of ₹4,472 crore for the June quarter. File | Photo Credit: AP Stock markets declined for the third day on Monday (July 28, 2025), with benchmark indices Sensex and Nifty tumbling nearly 1% following heavy selling in Kotak…
Exemptions and deductions availed by corporate taxpayers resulted in ₹94,910 crore worth of revenue being foregone in 2019, which increased to ₹99,000 crore by 2023-24, according to data shared by Union MoS for Finance and BJP MP Pankaj Chaudhary on July 28, 2025. File | Photo Credit: Sansad TV/ANI Video Grab The government’s tax exemptions…
(representative image) Kirit Bhansali, Chairman, Gem and Jewellery Export Promotion Council (GJEPC), said the IIJS event this year is set to be the biggest ever with 2,100 companies and 3,600 stalls. | Photo Credit: RAJU V The gem and jewellery exporters eye generating a business of $8 billion at the world’s second largest B2B gem…
Consumers are spending more on gold jewellery, as many regard it as a value-preserving investment — one that has yielded attractive returns over recent years | Photo Credit: REUTERS/FLORENCE LO China’s gold demand has dropped by 49 per cent since it hit a peak in 2013 due to surging prices of the precious metal and…
A view of the headquarters of Tata Consultancy Services (TCS) in Mumbai. | Photo Credit: Reuters Shares of Tata Consultancy Services (TCS) declined nearly 2% on Monday (July 28, 2025) after the company announced that it will lay off about 12,000 employees of its global workforce this year. The stock dipped 1.69% to ₹3,081.20 on…
All Kerala Gold & Silver Merchants Association (AKGSMA) has sought the intervention of the Finance Ministry for banking acceptance of 18K, 14K and 9K hallmarked gold ornaments as collateral for loans. In a representation to the Union Finance Minister, Nirmala Sitharaman, the Association president K Surendran said the current practice of denying collateral value to…
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty declined in early deals on Monday (July 28, 2025) dragged down by heavy selling pressure in Kotak Mahindra Bank and uncertainty related to the India-US trade deal. Persistent foreign fund outflows and weak trends in Asian…
