Latest business news
Cement stocks to buy: After a challenging start to FY25, the Indian cement sector rebounded strongly in the March quarter, setting the tone for a more stable and profitable FY26. Supported by firm pricing, cost optimisation, and strong demand recovery, companies across the board delivered better-than-expected results in Q4FY25. Sector-wide EBITDA per metric ton (EBITDA/mt)…
Indian wholesale auto volumes exhibited a mixed trend in May, with the passenger vehicle (PV) segment reporting low single-digit year-on-year (YoY) growth, driven primarily by exports, while domestic demand stayed muted. In contrast, two-wheeler (2W) domestic demand remained healthy, with exports recording strong double-digit growth. Tractors saw high single-digit YoY growth, whereas commercial vehicle (CV)…
he US Federal Reserve’s FOMC (Federal Open Market Committee) on Wednesday, May 7, 2025, decided to keep the key benchmark interest rates steady and “unchanged,” citing the risks of economic uncertainty and inflationary pressures on the US economy. The central bank kept its interest rate unchanged for the third straight policy meeting since January, when…
(Repeats earlier column with no change to headline or text) NAPERVILLE, ILLINOIS, April 27 (Reuters) – Speculators held on to bullish bets in Chicago corn and soybeans last week in hopes that U.S. talks with trading partners might progress, potentially stimulating U.S. grain exports. U.S. farmers are off to an efficient start on spring planting…
MUMBAI, April 23 (Reuters) – Indian government bond yields are expected to be little changed in early deals on Wednesday, as market participants await the minutes of the central bank’s latest meeting, while underlying sentiment remains favourable for the bulls. The benchmark 10-year bond yield is likely to move between 6.30% and 6.34%, a trader…
(Bloomberg) — Gold prices were steady after topping $3,500 an ounce for the first time as traders booked profit following a nearly 10% rally this month. Bullion fell by as much as 0.4% during US hours after earlier surging to a fresh record as risk appetite improved with equities bouncing back, bonds and the dollar…
China’s crude oil imports rebounded in March, data shows OPEC downgrades its 2025 global oil demand growth forecast Goldman Sachs sees Brent averaging $63 for rest of 2025 (Updates with mid-day trading, changes byline, dateline, previous LONDON) HOUSTON, April 14 (Reuters) – Oil prices held steady on Monday as exemptions for some electronics goods from…
By Stefano Rebaudo and Yadarisa Shabong April 10 – Euro zone government bond yields steadied on Thursday following a steep climb earlier after the U.S. administration said it would temporarily lower U.S. tariffs to bring countries to the bargaining table. President Donald Trump’s move eased immediate concerns about a sharp slowdown of the global economy…
