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2025-05-09 07:43:34| The Economic Times

Hotel stocks plummeted, with Indian Hotels Company leading the decline at 6.8%, amid escalating India-Pakistan tensions following drone strikes by Pakistan. India responded with counterstrikes and blackouts in border districts. These events follow India's precision missile strike on terror camps and continued ceasefire violations by Pakistan, further heightening regional instability.


Category: News and Media

 

2025-05-09 05:44:27| The Economic Times

Multi Commodity Exchange of India (MCX) reported a significant 54% increase in consolidated net profit for Q4FY25, reaching Rs 135 crore, driven by a 61% surge in revenue. For the entire fiscal year, net profit skyrocketed by 574% to Rs 560.04 crore, fueled by strong operating leverage and a substantial rise in average daily turnover of futures and options.


Category: News and Media

 

2025-05-09 05:38:47| The Economic Times

Kalyan Jewellers reported a robust Q4FY25, with consolidated revenue surging 37% YoY to Rs 6,182 crore and net profit climbing 36% to Rs 188 crore, fueled by strong domestic and international demand. For FY25, revenue reached Rs 25,045 crore, a 35% increase, while net profit rose 20% to Rs 714 crore.


Category: News and Media

 

2025-05-09 05:26:01| The Economic Times

The recently concluded Free Trade Agreement between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a report by Bank of Baroda.


Category: News and Media

 

2025-05-09 05:17:29| The Economic Times

Following the closure of 27 airports due to the ongoing military situation, aviation stocks are under scrutiny. Airlines like IndiGo and Air India are rerouting flights and offering fee waivers for affected routes. Passengers are advised to arrive at airports at least three hours early due to heightened security measures prompted by ceasefire violations along the LoC.


Category: News and Media

 

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