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RBI was net seller of $6 billion in May
Mumbai, July 23: The Reserve Bank of India (RBI) was the net seller of $6 billion in the spot foreign exchange market in May to contain volatility of Rupee which depreciated by 0.1 per cent during the month.
In April, the central bank…
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Mahindra Holidays posts loss of Rs 7.17 crore in Q1 of FY27
New Delhi, July 22: Mahindra Holidays & Resorts India Ltd today reported a consolidated loss after tax at ₹8.56 crore in the June quarter impacted by growth-related costs in domestic business and headwinds from geopolitical…
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Profit of Dr Reddy’s falls 69% in Q1 of FY27
New Delhi, July 22: Hurt by lower lenalidomide sales and a provision related to semaglutide, the consolidated net profit of Dr Reddy’s Laboratories attributable to equity holders fell 68.7 per cent year-on-year to ₹443.5 crore in the…
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Adani Green Energy reports 18.5% rise in net profit in Q1 of FY27
New Delhi, July 22: Adani Green Energy has reported an increase of 18.5 per cent (₹845 crore) in its consolidated net profit year-on-year in the quarter ended June 30, 2026.
The renewable energy company had reported a profit…
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BPCL reports net loss of Rs 3962.13 crore in Q1 of FY27
New Delhi, July 22: State-owned Bharat Petroleum Corporation Ltd (BPCL) today reported a net loss of ₹3,962.13 crore in the June quarter of the current financial year 2027.
The compared had a profit of ₹3,333.97 crore in the same period…
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The Astor Goa strengthens Communication Team; Appoints Mehbubi Khaji
Panaji, July 22: The Astor Goa, part of Archer Hospitality, has appointed Mehbubi Khaji as its Assistant Marketing & Communications Manager, to strengthen brand building and guest-centric storytelling,
With a background spanning the…
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Losing streak of Rupee ends
New Delhi, July 21: The five-session losing streak of the Rupee ended today, aided by easing crude oil prices and stronger-than-expected foreign exchange inflows under the Reserve Bank of India's (RBI's) recent measures to shore up the…
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NHAI launches Mobile App for toll pass for locals
By Arun Kumar Das
New Delhi, July 21: National Highways Authority of India (NHAI) has introduced two major citizen-centric features on the Rajmargyatra Mobile App -- the online ‘Local Passes’ and digitally-enabled ‘MargMitra’ Help…
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Crude oil prices rise as West Asia tensions continue
New Delhi, July 21: Displaying volatility, crude oil prices rose nearly 1 per cent to Rs 8,014 per barrel in futures trade today amid ongoing tensions in West Asia and anxiety over supply disruptions.
Brent was hovering around the USD 90…
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No decision taken on increasing percentage of ethanol in petrol beyond 20%: Govt
New Delhi, July 21: As widespread criticism of E20 petrol continues, the government has told Parliament that it has not taken any decision to increase ethanol-blending in petrol beyond the current 20% level.
Any future decision on higher…
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