News Overview

According to polls and data, factory activity declined in several Asian economies in March, but there were some encouraging signals in South Korea and China.

To demonstrate its dedication to emerging technologies, the corporation plans to spend more than 30 billion euros on research and development until 2025. It is crucial to be able to combine many technologies to create a whole system.

On Monday, the front-month contract reached its highest close since October 2023, at $83.71 per barrel.

March 2024 witnessed the highest-ever coal production of 88.6 MTs for any month, according to company data.

Usually, actual results are 2-3% better than provisional results, implying high probability of BHE meeting its revenue guidance, thus delivering strong operating leverage led earnings growth of >25% for FY24. Analysts of IIFL Capital Services keep forecasts unchanged; reiterate BUY with revised TP of Rs252 (19% upside) given higher certainty on earnings and attractive relative valuations at 29xFY26 EPS.

Gold fell from a record top; the metal does best when yields are declining.

Patel Retail, a supermarket chain focusing on tier-III cities in Maharashtra, has filed a DRHP with SEBI for its initial public offering (IPO).

The Securities and Exchange Board of India (SEBI) has given the go-ahead for two companies to launch their initial public offerings (IPOs).

In India, petrol and diesel pricing is influenced by factors such as freight charges, value-added tax (VAT), and local taxes.

The commercial vehicle maker experienced a 4% year-on-year decline in total vehicle sales, amounting to 22,866 units in March 2024. Within this, domestic sales decreased by 7%, reaching 21,317 units during the same period. Specifically, medium and heavy commercial vehicle sales witnessed a 7% year-on-year drop, totaling 15,562 units in March 2024.