MUMBAI: Hindustan Unilever (HUL) will take more price increases in the coming months as shaky peace prospects in West Asia continue to keep commodity costs volatile, the consumer goods giant said on Tuesday.It projected inflation to stay in the range of 2-5% in the Sept quarter. The maker of Dove shampoos and Knorr soups said…
NEW DELHI: Government on Tuesday said that public sector banks are in good financial health, reporting significant improvement in balance sheets , high levels of profits and bad debt at lowest levels in several decades.“Further, public sector banks have recorded sustained credit growth across different sectors of the economy,” minister of state for finance Pankaj…
MUMBAI: Tata Trusts chairman Noel Tata’s three children have become shareholders of Tata Sons for the first time, according to the company’s FY26 documents, after inheriting shares from their grandmother Simone Tata.Leah, Maya and Neville Tata – all of whom work within the Tata Group – now hold two Tata Sons shares each. The stakes…
Gold Rate Today: Analysts point to caution ahead of Fed decision Market experts said investor caution remained the dominant theme in bullion markets. Saumil Gandhi, Senior Analyst – Commodities at HDFC Securities, said gold retreated from the previous session’s gains as traders awaited the Federal Reserve’s policy outcome. Analysts believe that even if the central…
India could face 100% if Russia Sanctions Bill becomes a law The US Senate on Tuesday overwhelmingly advanced a bipartisan bill that would give President Donald Trump sweeping powers to impose new sanctions on Russia and penalise major buyers of its energy exports, including India and China.The legislation would allow the president to impose a…
NEW DELHI: Air India’s transformation to a world class airline, following its return to founder Tata Group in 2022, could take up to a decade due to serious headwinds the aviation industry and the Maharaja have encountered in recent years.The earlier assessment of giving the airline a facelift in five years under Vihaan programme has…
MUMBAI: Delhi high court has ordered the winding up of Paytm Payments Bank, weeks after RBI cancelled its banking licence citing concerns over its operations and management.The court, through orders dated July 8 and July 22, 2026, directed that Paytm Payments Bank be wound up under provisions of the Banking Regulation Act, 1949, read with…
BENGALURU: Premium liquor brands continued to fuel growth at Radico Khaitan, with the spirits maker reporting a 76% year-on-year jump in net profit to Rs 230 crore for the June quarter, helped by robust demand for its high-end portfolio and easing input costs.Net profit stood at Rs 131 crore in the year-ago period.Total income rose…
Bitcoin price falls to a 10-day low amid market pressure. Bitcoin (BTC) dropped more than 2% on Tuesday, falling to just above $63,000 per token, marking its lowest level in about 10 days. The world’s largest cryptocurrency has struggled to regain momentum after months of weakness, with traders watching several factors that could decide its…
Chip and memory stocks saw heavy selling during Tuesday’s opening trading session. Shares of several major companies dropped between 4% and 15% in early trade. The companies that fell included Micron Technology (MU), SK Hynix (SKHY), Advanced Micro Devices (AMD), Intel (INTC), Seagate Technology (STX), Western Digital (WDC), SanDisk (SNDK) and other companies in the…
