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KIOCL Ltd.(up 5.42%), Ashapura Minechem Ltd.(up 4.99%), Gujarat Mineral Development Corporation Ltd.(up 4.63%), MOIL Ltd.(up 3.50%), NMDC Ltd.(up 3.02%), Pokarna Ltd.(up 2.67%), Madhav Marbles & Granites Ltd.(up 2.62%), Coal India Ltd.(up 1.69%), 20 Microns Ltd.(up 1.09%) and Lexus Granito(India)Ltd.(up 0.57%) stood among the top gainers.

The company said it announced the price increase owing to rising input cost, increased commodity prices and higher operational expenses, amongst other reasons. The quantum of price increase will vary basis the variants and models. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said, “At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.”

Royal Challengers Bangalore (RCB) head into the 18th edition of the IPL still in pursuit of their first-ever title. In the previous season, they made an incredible late surge, winning six straight matches to secure a playoff spot, narrowly surpassing Chennai Super Kings (CSK) on net run rate. Their journey, however, came to an end in the Eliminator against Rajasthan Royals (RR). With Rajat Patidar stepping up as captain and a number of key signings strengthening the team, RCB is optimistic that this could be the year they finally clinch the title. A major shift for RCB this season is the appointment of Rajat Patidar as captain. Moving away from their usual reliance on international stars for leadership, the franchise has placed its trust in a rising Indian talent. In addition, RCB has prioritized squad balance over chasing big-name players. Their bowling department, once a weak spot, has been significantly strengthened with the signings of Josh Hazlewood and Bhuvneshwar Kumar for a total of INR 23.25 crore.

Subscribe to enjoy similar stories. SYDNEY : Fitch Ratings has added its name to a slew of prominent forecasters downgrading the outlook for world economic growth and push up its expectations for U.S. inflation, highlighting rising concerns about the erratic nature of U.S.

Hyundai Motor India will increase car prices by up to 3% from April 2025, owing to rising raw material and operational costs, it said on Wednesday. «At Hyundai Motor India Limited, we strive to absorb rising costs to the extent possible, ensuring minimal impact on our customers. However, with the sustained increase in operational expenses, it has now become imperative to pass on a part of this cost escalation through a minor price adjustment.

stocks rallied as much as 15% in Mumbai trading on Wednesday even as equity benchmarks, BSE Sensex and NSE Nifty, traded in the green amid brisk buying in frontline bluechip counters. Stocks that surged in excess of 15% included, Devki Leasing(20.00%), Brooks Labs(20.00%), Ksolves India(19.99%), United Credit(19.99%), GRSE(19.99%), Ador Multiprod(19.98%), Vibhor Steel Tubes(19.96%), Sindhu Trade(19.94%), Asian Oilfield(19.40%) and Panchsheel Org(17.72%).

To grasp the aberration of US foreign policy under President Donald Trump, consider an abbreviated history of America’s shifting attitudes toward just one country, Canada. And start with Ronald Reagan, who stood for the original and genuine version of “peace through strength.” When signing a free-trade agreement with Canada in 1988, Reagan marveled at the world’s longest land border. “No soldier stands guard to protect it,” the 40th president said. “Barbed wire does not deface it. And no invisible barrier of economic suspicion and fear will extend it.” Canadians and Americans, Reagan remarked on another occasion, are “more than friends and neighbors and allies; we are kin.” In the current context, three things are notable about Reagan’s sentiments. The first is that most Americans really like Canadians, even if they also struggle to see them as distinct, because Canadians can easily seem like “nicer” versions of Americans. The second is that Reagan oversimplified what has historically been a complicated, often competitive and sometimes contentious relationship. The third is that Americans, in both of those ways, have long regarded Canadians roughly as Russians used to view Ukrainians. ALSO READ: Who is James Boasberg, the judge Trump wants impeached?

Malaysia Airlines Flight MH370 has resumed, marking another effort to solve one of aviation's greatest mysteries. Malaysia has agreed to terms and conditions of an agreement with Ocean Infinity to resume the search for the wreckage of the missing Malaysia Airlines flight MH370, its transport minister said on Wednesday. The decision will enable commencement of seabed search operations in a new location estimated to cover 15,000 square km in the southern Indian Ocean, based on a «no find, no fee» principle, minister Loke Siew Fook said in a statement. The firm will receive $70 million if the wreckage is successfully located, he said. The aircraft vanished on 8 March 2014 while flying from Kuala Lumpur to Beijing with 239 people on board. Now, nearly 11 years later, Ocean Infinity has launched a fresh search in the Indian Ocean, 1,500 km off the coast of Perth, Australia.

Radhika Munshi, an alumna of IIT Roorkee and IIM Ahmedabad, left a high-paying corporate job to start Anorah, a contemporary saree brand. She shared her journey on Instagram, revealing how her career priorities changed over time. Reflecting on her past, Munshi admitted that her initial focus during her MBA was securing the highest salary package. «I was the topper at IIM Ahmedabad, and back then, my focus was entirely on landing the best job offer,» she wrote. However, life took a different turn, leading her to entrepreneurship.

The NSE Nifty index closed 73.3 points up at 22907.6, while BSE Sensex ended up 147.79 points at 75449.05.

Shares of Prestige Estates Projects Ltd.(up 6.03 per cent), Macrotech Developers Ltd.(up 5.88 per cent), Mahindra Lifespace Developers Ltd.(up 5.26 per cent), Godrej Properties Ltd.(up 3.78 per cent) and DLF Ltd.(up 3.38 per cent) ended the day as top gainers in the pack.

Subscribe to enjoy similar stories. Nvidia is fighting to hang onto its command of artificial intelligence, as the technology evolves to chips outside of the data center. Major tech companies have been racing to build data centers, the facilities where AI models are trained and run globally—and where Nvidia’s AI chips dominate.

In its full year results for 2024 released today (19 March), M&G revealed that its new dividend policy will begin with a 2% boost to the 2024 total dividend per share.  This add on takes the total dividend for the year to 20.1p, with the second interim dividend of 13.5p per share set to be paid on 9 May. M&G private credit LTAF receives regulatory approval According to M&G's group CEO Andrea Rossi, the increase in pre-tax profits gave the company «confidence» to embark on the progressive dividend policy.  Last year, saw the FTSE 100 firm posted £837m in pre-tax profits, up 5% fr...

Subscribe to enjoy similar stories. The decade ending 2023-24 shows an interesting trend of a distinct decline in the contribution of manufacturing to India’s overall story of economic growth. While it may not exactly be called ‘de-industrialization,’ given the high level of sophistication we have reached in terms of the spread and quality of products, a grand shift to services is discernible and may prove quite challenging to reverse.

defence stocks attracted strong investor interest, with gains of up to 19%. Garden Reach Shipbuilders & Engineers led the rally, followed by Ideaforge Technology, Mazagon Dock Shipbuilders, Bharat Dynamics, and Cochin Shipyard, which saw gains ranging from 8% to 14%. There were no losers in the 16-stock Nifty India Defence Index which was 5% higher today.

«Now the valuations are not very attractive at this point of time because all these positive news, the hike which the steel mills have taken are in the price,» says Aditya Welekar, Axis Securities. Given that the industry was rallying for 25%, but expectation was about, 10 to 15 is going to actually come in in terms of safeguard duty. Tell me, how does this really move the needle, if at all, for the steel industry? Aditya Welekar: So, I guess you summarised it, so the expectation was quite higher, 20% to 25%, and the outcome of 12% is slightly below that. And part of it, which I want to highlight, is that in the first week of March, those steel mills have already taken price hikes in the tune of Rs 1000 to Rs 1500 for the flat HRC, that is hot rolled coils and cold rolled coils. So, with that backdrop, the stocks have already anticipated that such a move should come and the share prices have reflected that partly.

IT company Happiest Minds on Wednesday announced top-level changes in its organisational structure, appointing Ashok Soota as chairman and chief mentor. Joseph Anantharaju, who was executive vice chairman, has been elevated to co-chairman and chief executive officer of the IT company. He will drive all the business divisions of Happiest Minds, including product and digital engineering services, infrastructure management, and the generative AI business. Meanwhile, Venkatraman Narayanan has been appointed managing director and chief financial officer. He will lead finance, talent acquisition, internal IT, the environmental, social, and governance (ESG) unit, and CSR.

BEIJING — Among the top five priorities China has laid out for boosting consumption is child care subsidies.

Subscribe to enjoy similar stories. Even before we could get to see the results of the seventh economic census (conducted in 2019-20), plans are afoot to conduct the eighth one in the coming months. India’s economic census is supposed to be a comprehensive database of all firms in the country, including micro-enterprises.

Subscribe to enjoy similar stories. Since the covid-19 pandemic, India’s healthcare sector has been having a dream run. Buoyed by an aging demographic with rising incomes, along with improving penetration of medical insurance and medical tourism, the Nifty Healthcare Index has outperformed the broader market by recording a 25% compound annual growth rate (CAGR) in the last five years.