PHD Chamber seeks capital gains tax rationalisation, doing away with BCD on feedstockThe PHD Chamber of Commerce and Industry has urged the government to abolish long-term capital gains tax on equity investments, cut short-t...
Anthropic unveils Fable 5.2 and Mythos 5.2, its most powerful AI models yet: All you need to knowIn a blog post, Anthropic said both models improve on coding, reasoning and vision, and cost less than the 5.1 versions. “Testers have foun...
Q2 Earnings Scorecard: Which sectors outperformed and which fell behind?The September quarter results indicate strong revenue and profit growth in sectors like automobiles and banking. In contrast, sectors such ...
Hindustan Unilever increases prices of Surf Excel, Rin, and Wheel products by up to 11% due to rising costsHindustan Unilever has raised the maximum retail prices of various home care products to address cost pressures. This adjustment includes p...
Consumer goods cos turn to cost cutting amid higher input prices to protect demand, revive volume growthThe cost-cutting comes amid an elevated input-price outlook flagged by several companies during recent earnings calls, due to high raw mate...
India's apparel production falls 5.6% in H1 FY27 as weak US demand, high costs hit manufacturersIndia's apparel production contracted 5.6% year on year in April-September, extending its decline to nine consecutive months as subdued US ...
Emami bets on winter demand as inflation keeps a lid on growthEmami Ltd announced a 36% increase in consolidated revenue for the second quarter, reaching Rs 1,088 crore. Despite rising input costs, the...
Russia's service sector stagnates, output rises marginally in OctoberRussia's service sector showed minimal growth in October, with a decrease in orders for the first time in three months. New businesses also...
China Services PMI slows to three-month low; what lies ahead for Chinese stocks?China’s services sector expanded at its slowest pace in three months as rising costs and intense competition squeezed margins. The weaker P...
India's services growth accelerates to 55.8 in October, cost pressures ease to six-year lowIndia's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' ...
Marico profit jumps 31%, flags rising input costs amid West Asia woesMarico has reported a 13% increase in consolidated revenue, driven by strong volume growth in India and international markets. The company ...
India factory growth slows in October, export orders jump, PMI showsIndia's manufacturing growth slowed in October, with the HSBC Manufacturing PMI falling to 54.7 from 55.1 in September, as domestic demand ...
Price hikes to help Pidilite meet profitability guidancePidilite Industries, known for its Fevicol adhesive, anticipates maintaining profitability between 20-24% through price hikes. Managing Dir...
Govt extends customs duty exemption on cotton imports till December 31The Indian government has announced an extension of the customs duty exemption on cotton imports until December 31, 2026. This move aims to...
India extends cotton import duty exemption till December 31 to ease textile costsThe Centre has decided to extend the customs duty exemption on cotton imports until December 31, 2026. This extension aims to improve cotto...
Escorts Kubota hikes tractor prices as Middle East war fuels cost pressuresEscorts Kubota plans to implement price hikes on its tractor offerings in November 2026. The company cites inflation and geopolitical uncer...
Hindustan Unilever to take calibrated price hikes as commodity inflation stays high, says CEO Priya NairHindustan Unilever has raised prices by around 7.5% in response to rising input costs across its portfolio. Despite these increases, consum...