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INDUSTRIAL DEMAND
Core output grows at series high of 7.9% in SeptIndia's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, r...- Jio IPO strengthens Reliance’s financial flexibility; capex funding remains key: Moody’sMoody’s has termed Jio Platforms’ IPO credit positive for Reliance Industries, citing debt repayment and funding flexibility. The Rs 30,200...
- IGI Q2 Results: Consolidated PAT surges 43% to Rs 185 croreThe International Gemological Institute recently announced an impressive 43.14 percent growth in profit after tax for the previous quarter....
- AI data center projects boost US warehouse demand and rents, real estate company JLL saysAI data center construction projects, particularly near Dallas/Fort Worth and Washington, DC, are generating new demand for warehouse space...
- Gujarat asks factories to curb power usage as demand surgesGujarat state has requested factories to limit their electricity consumption during peak evening hours from 5 p.m. to 11 p.m. The call come...
- Global Market: China, Hong Kong stocks fall as CATL slump, consumer worries weighChinese and Hong Kong stocks fell as slower profit growth at CATL and concerns over weak domestic consumption weighed on sentiment. Consume...
- Tech giants' AI spending to exceed $1 trillion in 2027, lift US growth: UBSMajor technology companies are projected to invest more than USD 1 trillion in artificial intelligence infrastructure by 2027. Reports indi...
- Jio IPO all set to open: How can investors maximise allotment chances under Rs 2,500 crore RIL shareholders quotaThe much-anticipated Reliance Jio Platforms IPO is launching for public subscription starting October 21, 2023. Shareholders of Reliance In...
- Indians travel more despite costly flights, hotel rates to jump 27% post-DiwaliTravel bookings are on the rise for the festive season, with significant demand reported by various companies. Average hotel rates are expe...
- Aerospace and military contractors raise 2026 profit forecastsNorthrop Grumman and RTX have raised their annual profit forecasts due to strong military demand. The companies reported record backlogs of...
- US Stocks: 3M lifts annual profit forecast on cost controls, price hikes3M has revised its profit outlook for the year, expecting a boost in adjusted earnings per share. Their quarterly revenue reflects growth t...
- Drill, baby, drill: China turns the screws, India looks for own toolsChina’s new export controls on tunnel boring machines (TBMs) have highlighted India’s reliance on overseas suppliers for specialised infras...
- ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip ordersUS-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese techn...
- UltraTech Cement Q2 net profit up 21% in September quarterA near 14% year-on-year growth in grey cement volumes to 35.94 mt in the domestic market, though, helped UltraTech clock in a near 19% year...
- Festive demand likely to fire up temporary factory hiringThis festive season, India's manufacturing sector is projected to create around 100,000 temporary jobs. Major drivers of this increase incl...
- Farmers face 15% loss as poultry feed costs surgePoultry farmers are currently experiencing losses of approximately 15% due to rising livestock feed costs. Key ingredients have seen price ...
- LG Electronics, Polycab among picks as premiumisation and infrastructure demand drive growth: Siddhartha KhemkaConsumer durable demand is showing an uneven festive recovery, with premiumisation and weather-led sales supporting select categories. Sidd...
- Why India's steel demand is defying global weaknessIndia’s steel prices are rising despite weak global markets, supported by infrastructure spending, manufacturing growth and higher input co...
- Schneider Electric raises 2026 targets again on booming data centre demandSchneider Electric has achieved a record revenue of €11.46 billion in the third quarter, exceeding analyst projections. The company has adj...
- Chips critical to India's future, but demand and management key to semiconductor push: N ChandrasekaranIndia is well placed to strengthen its role in the global semiconductor industry due to its talent base and large domestic market, but busi...
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