Arvind Fashion Ltd, which sells fashion brands such as Arrow, Calvin Klein, and Tommy Hilfiger in India, reported a sharp decline of 192% on a year-on-year (yoy) basis in standalone net loss at Rs17 crore for its fourth quarter ending March, but with a revenue growth of 13.7% yoy at Rs150 crore for the same…
The RBI is expected to transfer a record surplus dividend of Rs 2.7 lakh crore to Rs 3 lakh crore to the government in FY26, an almost 50 per cent increase YoY, highlighted a report by Front Wave Research, a SEBI-registered Research Analyst. This would mark a sharp rise from last year’s historic Rs 2.1…
Gold has emerged as the most talked-about asset class in recent times, attracting immense investor interest globally. However, S Naren, Chief Investment Officer at ICICI Prudential AMC, has sounded a cautionary note on the yellow metal, stating that despite its current popularity, gold is not a lucrative investment option at this point. In a recent…
Suzuki Motorcycle India Pvt Ltd has launched the 2025 edition of its sporty scooter, the Suzuki Avenis, in the Indian market. The latest update brings with it an OBD-2B-compliant engine, refreshed colour options, and a range of practical features, with a starting price of Rs 91,400 (ex-showroom). The biggest update lies under the bodywork—a 124.3…
Pakistan’s Prime Minister Shehbaz Sharif admitted that India’s ballistic missiles hit Nur Khan Airbase and other sites on May 10, a rare acknowledgement that contradicts Pakistan’s usual stance of denial when it comes to Indian military action. Sharif said Army Chief General Asim Munir called him around 2:30 am to report the strikes. Sharif mentioned…
India’s oil marketing companies (OMCs) may finally be heading for some relief after years of absorbing losses on domestic LPG sales. According to a CareEdge Ratings report, LPG-related losses for Indian Oil Corporation (IOC), Bharat Petroleum Corporation (BPCL) and Hindustan Petroleum Corporation (HPCL) could fall by nearly 45 per cent in FY26, if crude oil…