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ZINC PRICE IMPACT ON PENNIES
Pick n Pay launches AI grocery shopping assistant in South AfricaSouth African retailer Pick n Pay has launched an AI-powered shopping assistant named "Penny" to simplify grocery ordering. Customers can n...
Hindustan Zinc Q1 mined metal production up, refined lead output dropsHindustan Zinc Ltd. reported a marginal one percent increase in mined metal production for the first quarter, reaching a record 2,68,000 to...
Using sunscreen more often in heat waves? Top points men, women with oily, dry, sensitive skins must knowSunscreen for men, women: The two major types of sunscreens – chemical and mineral – handle the sun's ultraviolet rays differently.
Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
India's economic plot twist comes with one villain stepping aside, another waitingIndia's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists ...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Tomato, onion stoke fears of higher food inflationConsumers are encountering rising costs once more as tomato, onion, and potato prices escalate, heightening worries about food inflation. T...
Technology to be central to Hindustan Zinc's next phase of growth: ChairpersonHindustan Zinc is pivoting towards becoming a future-ready energy transition company, Chairperson Priya Agarwal Hebbar announced. The firm ...
Pune man allegedly distributed poison capsules to kill 15,000 at Byculla Muharram processionA Pune man, arrested for allegedly distributing poison-laced capsules during a Muharram procession in Byculla, had planned to target 15,000...
Petroleum vulnerability rising, India must build crude buffers and cut import dependence, EY cautionsIndia faces mounting vulnerability due to its soaring dependence on imported crude oil, now exceeding 90%. A recent EY report urges augment...
India's battery makers say new recycling rules may pull the plug on their businessIndia's dry cell battery giants, including Eveready and Panasonic, are warning of potential shutdowns due to new government recycling rules...
Copper rebounds on bargain hunting amid softer dollar, firmer risk appetiteCopper prices saw a rebound on Thursday, recovering from recent losses as investors seized bargain opportunities. A weaker dollar and a pos...
In France's historic heat wave, Paris' dreamy rooftops become a heat-trapping nightmareParisian attic dwellers face perilous conditions as a historic heatwave bakes the city. These top-floor apartments, often occupied by stude...
Commodity correction offers buying opportunity; defence, banking remain long-term bets: Dharmesh KantMarket expert Dharmesh Kant sees commodity corrections as buying opportunities, with the broader cycle intact due to global demand and Indi...
Vedanta, NALCO, Hindustan Zinc shares fall up to 3% as silver, aluminium, other metal prices tumble. Here's whyMetal stocks including Vedanta, NALCO and Hindustan Zinc fell up to 3% as global metal prices declined sharply. A stronger US dollar, easin...
Vedanta Power, Oil & Gas shares fall 3%; Vedanta Aluminium, Iron & Steel jump up to 5%. What lies ahead?Vedanta's demerger saw mixed fortunes for its listed entities. While Vedanta Power and Oil & Gas shares dipped, Vedanta Aluminium and Iron ...
Metal companies' hot run comes to an end as West Asia cools offMetal stocks experienced a significant downturn Tuesday, with the Nifty Metal index dropping 3.2% as falling commodity prices, domestic eco...
Quote of the day by Chuck Akre: "Wall Street has this wonderful business about how to create transactions. They set up what we believe are false expectations, and that’s what I call the “beat by a penny, missed by a penny syndrome.”Chuck Akre criticises Wall Street’s fixation on marginal earnings beats and misses, arguing it fuels short-term trading over meaningful ana...
Hindustan Zinc signs MoU to explore green hydrogen for mining operationsHindustan Zinc is pioneering green hydrogen adoption for underground mining, partnering with Advantek Associates and Aero Eagle Automobiles...
Vedanta Aluminium shares jump over 3% after Citi, Kotak initiate with Buy, see up to 29% upside. Here’s whyVedanta Aluminium Metal shares surged over 3% after Citi and Kotak Institutional Equities initiated coverage with 'Buy' ratings and target ...