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SHUTDOWN IMPACT ON MARKETS
Domestic car sales surge in June on tax cuts, lower interest rates & strong demandIndian car sales surged over 24% in June, marking a strong third consecutive month of double-digit growth. This boom, fueled by tax cuts an...- United Spirits set to cut 100 jobs to curb costs, streamline operationsUnited Spirits is cutting around 100 jobs in India as part of parent Diageo's global cost-saving drive. This significant workforce reductio...
- India's AI boom cannot ignore its water crunchIndia's AI growth risks exacerbating severe water stress as data centers, crucial for AI infrastructure, consume vast amounts of water. Cit...
- Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Japan is launching a world-first Hydrogen power engine, and it could change energy foreverJapan's latest energy breakthrough could make the path to cleaner power much easier than many expected. Instead of replacing existing syste...
- Apple to raise prices due to memory chip shortage, CEO Tim Cook says: ReportApple CEO Tim Cook announced plans to increase product prices due to soaring memory and storage chip costs, driven by AI demand. He stated ...
- Starbucks Korea to shut 2,000 stores to teach history lessons to employeesStarbucks Korea is closing over 2,000 stores for mandatory history and social sensitivity training after a marketing campaign sparked outra...
- US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...
- Oil Price Today (June 11): Crude oil rises over 2% as US strikes Iranian targets again. $100/bbl in sight?Oil prices surged over $2 a barrel after Iran announced the closure of the Strait of Hormuz, a critical shipping route, following U.S. stri...
- Majority of Indian firms face persistent external disruptions: ReportIndian businesses face talent challenges due to external disruptions. Climate shocks, infrastructure issues, and health outbreaks are affec...
- From trickle to torrent: Hormuz reopening may trigger a global oil floodThe reopening of the Strait of Hormuz could trigger a faster-than-expected recovery in global oil supplies. With tankers already positioned...
- Over 60% of pharma MSMEs yet to comply with updated manufacturing normsPharma industry officials say the revised Schedule M regulations could require Rs 10-15 crore per facility in upgrades, while talent shorta...
- Aluminium prices near record high: What’s driving the rally?Aluminium prices are trading near multi-year highs due to persistent structural supply tightness, not temporary factors. Stricter environme...
- Jute industry seeks new Bengal govt's intervention to tide over raw material crisisWest Bengal’s jute industry is staring at a major crisis as raw jute shortages and soaring prices disrupt operations across mills in the Ho...
- Gig workers’ union calls for five-hour shutdown over rising fuel costs; protest on SaturdayGig and platform service workers are planning a five-hour nationwide shutdown on Friday to protest rising fuel prices and stagnant pay. The...
- Jaguar Land Rover profit wiped out by cyberattack, US tariffsLast year proved challenging for Jaguar Land Rover, as nearly all profits evaporated due to US tariffs, reduced demand from China, and a de...
- Oil Price Today (May 14): Crude oil above $105 per barrel. Here’s why Trump-Xi meeting is important for Strait of HormuzOil prices edged higher as investors awaited talks between U.S. President Trump and Chinese President Xi Jinping, focusing on economic gain...
- Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...
- Buy, Sell or Hold: Goldman Sachs maintains sell on Tata Power; HSBC maintains buy on ACME SolarBrokerage views on Berger Paints, Tata Power and ACME Solar reflect a mixed sector outlook, with optimism driven by margin expansion and ca...
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