India's latest foreign currency mobilisation initiative has made an encouraging start, with banks raising nearly $32 billion under special measures introduced by the Reserve Bank of India (RBI).
India has significantly reshaped its methanol import strategy in response to the prolonged conflict in West Asia, reducing its dependence on traditional suppliers in the Middle East while rapidly increasing imports from China.
Global crude oil prices retreated on Thursday after witnessing one of the sharpest rallies since the US-Iran conflict intensified, as traders shifted their focus from geopolitical tensions to the resilience of global oil supply chains.
Shares of Syngene International Ltd. came under heavy selling pressure on Thursday after the company reported a disappointing set of first-quarter results for FY27, posting a quarterly loss for the first time in several years.
RPG Life Sciences has unveiled a major strategic transformation aimed at strengthening its position in the fast-growing Active Pharmaceutical Ingredient (API) industry. The company will carve out its API business into a separate wholly owned subsidiary.
Xtranet Technologies Ltd. made a subdued debut on the stock exchanges on Thursday, delivering modest listing gains despite receiving healthy investor interest during its initial public offering (IPO).
Shares of Redington Ltd. witnessed a sharp rally on Thursday, climbing nearly 18% to a fresh all-time high after the company reported record financial results for the first quarter of FY27.
Shares of Balkrishna Industries Ltd. (BKT) rallied sharply on Thursday after the tyre manufacturer reported a strong set of quarterly numbers for the first quarter of FY27.
Indo-MIM Ltd., the world's largest Metal Injection Molding (MIM) company by installed manufacturing capacity, made a spectacular debut on the Indian stock exchanges on Thursday, rewarding IPO investors with handsome listing gains.