Business

The selection of weekly recommendations aims at delivering practical insights for organisations demonstrating robust financial health. (AI image) For optimal investment choices, here is a curated list of companies that have received top ratings from Stock Reports Plus, combined with “Strong Buy/Buy” recommendations according to the Institutional Brokers’ Estimate System (IBES).The selection of weekly recommendations,…

Tata Motors Group on Tuesday said its Jaguar Land Rover (JLR) arm is better prepared to tackle current global supply chain disruptions, including those arising from the West Asia conflict, China’s rare earth curbs and tariff wars, drawing on lessons learnt during the semiconductor shortage of the COVID-19 era.Group CFO PB Balaji said JLR is…

India and the United Kingdom are likely to sign the long-pending free trade agreement (FTA) by the end of July, with the legal vetting of the agreement text now progressing at an accelerated pace, a senior government official said on Monday.To fast-track the process, Commerce Secretary Sunil Barthwal is currently in London with his team…

Hindalco Industries Ltd, the metals flagship of the Aditya Birla Group, on Tuesday announced it will acquire US-based AluChem Companies Inc for $125 million (approximately Rs 1,075 crore) in an all-cash transaction to strengthen its global specialty alumina portfolio.In a regulatory filing, Hindalco said the deal will be executed through its step-down wholly-owned subsidiary, Aditya…

Oil prices fell sharply and global stocks rallied on Tuesday after President Donald Trump announced a ceasefire between Israel and Iran, easing fears of a broader conflict that could disrupt global crude supply.Benchmark US crude tumbled 4.9% to $65.12 a barrel, while Brent, the international benchmark, slid 4.8% to $67.14. The drop brought oil prices…

In a renewed push for secure, year-round connectivity in Jammu and Kashmir, the Centre is set to revisit financial clearances for two key tunnel projects, Singhpora-Vailoo and Sudhmahadev-Dranga. This comes as part of renewed efforts on all-weather connectivity for Jammu and Kashmir following the April 22 Pahalgam terror attack.Both projects, which aim to create an…

Federal Reserve Chair Jerome Powell said the central bank will maintain a cautious stance on interest rates and await more data before considering cuts—directly opposing President Donald Trump’s fresh demands for immediate rate reductions. “For the time being, we are well positioned to wait to learn more about the likely course of the economy before…

Bitcoin surged past the $105,000 mark on Tuesday, lifted by easing geopolitical tensions and robust inflows into spot exchange-traded funds (ETFs). As of 12:31 pm IST, the world’s largest cryptocurrency was up 3.7% at $105,785, while Ethereum gained 8% to $2,430. The total crypto market capitalisation rose 4.74% to $3.27 trillion, according to CoinMarketCap, according…

ACME Solar marks dual milestone ACME Solar Holdings has fully commissioned its 300 MW Sikar Solar Project in Rajasthan, the company announced on Tuesday. With this, ACME’s operational renewable energy capacity now stands at 2,890 MW.This follows the activation of an additional 60 MW capacity on Monday. Earlier this quarter, the company had brought 240…

According to HSBC’s analysis quoted in the report, India’s current discretionary spending stands at approximately $250 billion. (AI image) India is on the verge of a consumption boom – one that could potentially lead to an annual boost of $30–40 billion! A substantial consumer spending surge of $40 billion is poised to impact India’s economic…