Jyoti has announced that it has secured a significant order worth ₹9.90 crore from GVPR Engineers, Hyderabad, for a project based in Pipalkhunt, Rajasthan. The contract entails the design, manufacturing, and supply of six pump sets equipped with HT motors of 2.8 MW and 3.7 MW ratings. Additionally, the order includes a forced water system,…
The U.S. Federal Reserve’s policy outcome, due tonight around 11:30 PM (IST), will play a crucial role in setting the direction for global and Indian equity markets. With analysts widely expecting a rate cut amid signs of a cooling U.S. labor market, here’s a look at how different scenarios could shape Indian market sentiment. Scenario…
China’s recent export restrictions on six rare earth elements (REEs) and rare earth magnets have sent shockwaves through global industries. These materials are essential for a wide range of technologies, from clean energy to military applications. The electric vehicle (EV) sector is especially vulnerable, with some manufacturers warning of potential factory shutdowns if the curbs…
Renowned investor Shankar Sharma has made a significant investment in Bigbloc Construction, purchasing 3.65 lakh shares, equivalent to a 0.51% stake in the company, at an average price of Rs 235 per share. This transaction amounts to a total investment of Rs 8.57 crore. Bigbloc Construction specializes in the manufacture, sale, and marketing of AAC…
Even after stepping down as the CEO of Berkshire Hathaway at the end of 2025, Warren Buffett’s final financial footprint left the world talking. With a staggering $370 billion cash pile—mostly tucked away in Treasury bills—many wondered: Why was the world’s greatest investor sitting on the sidelines? In a recent conversation with CNBC’s Becky Quick,…
For the first time since December 2021, Brent oil has dropped below $70 a barrel, falling 2.8%, as oversupply concerns continue to grip the market. The decline is driven by several factors: Weak economic data from China and the US—the world’s top two oil consumers—has raised concerns about future demand.Surging output from non-OPEC nations, adding…
Investing in gold can be a lucrative option, and understanding the tax rules associated with different gold investment types is indeed crucial. Here’s a summary of the tax implications for various gold investment options: Digital Gold: Holding Period: Less than 36 months – No direct tax is applicable.Holding Period: 36 months or more – Long-term…
Exciting news from the renewable energy sector! The Anil Ambani-led Reliance Group has announced a landmark partnership with the Bhutanese government to jointly develop 500 MW of solar and 770 MW of hydropower projects in the country. This represents the largest foreign direct investment by a private company in Bhutan’s green energy space, further solidifying…
The Big StoryIndia’s economy narrowly avoided a major shock last week as geopolitical tensions flared in the Middle East. The Iran-Israel conflict threatened to disrupt global oil supplies and escalate military tensions. Instead, the episode became a catalyst for India to accelerate its defense sector ambitions. A ceasefire was reached on Wednesday between Iran and…
Consumer durable stocks, including those of Havells, Voltas, Crompton Greaves, and Symphony, are poised for substantial growth. Goldman Sachs has revised its targets, predicting a significant rise in air conditioner (AC) sales for FY25, with an expected growth rate of 30%, up from the previous estimate of 15%. Surge in Demand for Cooling Products Goldman…
