Kajaria Ceramics Says Sept Qtr Profit 1.21 Bln Rupees
BRIEF-Kajaria Ceramics Says Sept Qtr Profit 1.BRIEF-Kajaria Ceramics Says Sept Qtr Profit 1.21 Bln Rupees
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India’s State Mining Readiness Index: Ranking Reforms and Accelerating Mining Operations
The Ministry of Mines has released the State Mining Readiness Index. This initiative promotes reforms in the mining sector. States are ranked based on their mineral endowment. Madhya Pradesh, Rajasthan, and Gujarat lead Category A. Goa, Uttar Pradesh, and Assam…
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Gold, silver to retain demand during Diwali despite price reaching record high: Report
Despite record high prices, cultural demand is expected to sustain gold ownership in India, with consumers adapting through lighter designs and digital options. Silver’s industrial applications, particularly in solar panels and electronics, are projected to drive its price above $50…
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India refiners to buy more US LPG in 2026, cut Middle East imports, sources say
India plans to reduce its liquefied petroleum gas imports from the Middle East, shifting towards increased purchases from the U.S. This move aligns with New Delhi’s broader trade objectives with Washington, aiming to secure a more comprehensive trade deal. State…
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Nestle Announces Major Job Cuts and Increased Cost Savings Target Under New CEO Philipp Navratil
Nestle’s new CEO, Philipp Navratil, announced 16,000 job cuts as part of a significant cost-saving initiative, raising the target to 3 billion Swiss francs by 2027. The company also reported better-than-expected third-quarter sales growth, primarily driven by price increases in…
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RBI Intervenes to Support Rupee: $3B to $5B Sold Amid Currency Pressure
The Reserve Bank of India is estimated to have sold $3 billion to $5 billion to support the rupee on Wednesday, its largest intervention in months. This action helped the rupee achieve its biggest single-day advance in four months, with…
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