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Aarti Pharmalabs shares hit the 20% upper circuit at Rs 823 on the BSE on Monday following the announcement of its June-quarter results. The sharp rally came after the company reported strong double-digit growth in revenue and net profit, along with key announcements on plant expansion and board-level management changes. Strong revenue and profit growth…
The shares of Delhivery plunged 4% on Monday after the logistics major reported a 65% year-on-year decline in net profit to nearly Rs 32 crore for the first quarter of FY2027, from Rs 91 crore reported in the same period last year. Delhivery shares opened at Rs 456.40 apiece on Monday morning after the company…
Shares of Sky Gold and Diamonds rallied sharply on Monday, gaining 9.53% to Rs 787.80, after the jewellery manufacturer reported a strong performance for the first quarter of FY27. The company posted robust growth in revenue, EBITDA and net profit, supported by sustained demand for lightweight and value-added jewellery and rising traction among organised jewellery…
The government has de-empanelled 2,359 hospitals and suspended another 1,200 under the Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY) for violating scheme guidelines, Union Health Minister J.P. Nadda said in a written reply in the Lok Sabha on 7 August. The government has also lodged 29 FIRs against errant hospitals and imposed penalties totalling ₹328.49…
Gold and silver prices: The price of the yellow metal in India’s retail market continued to trade mixed on Monday, 10 August, after Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the US to end the war with Iran and open the Strait of Hormuz, despite Washington’s assertions that…
The Allahabad High Court has imposed a ₹2.5 lakh cost on a builder after a Noida homebuyer was forced into multiple rounds of litigation for nearly 13 years over delayed possession of a flat. The court also upheld 24% annual interest payable to the homebuyer for the delay, LiveLaw reported. The case involved M/s Aims…
The U.S. dollar hovered near a two-month low against major currencies on Monday as investors awaited this week’s inflation data for clues on the Federal Reserve’s rate path. The euro edged higher to $1.1558, hovering near its strongest level since mid-June, while sterling was steady at $1.3490, near a five-week peak. The yen held firm…
Managing personal loans or home loan EMIs can be stressful. Missing due dates or defaulting on repayments carries serious implications, including the risk of being pursued by recovery agents. Borrowers must have a repayment strategy before applying for loans. The Reserve Bank of India (RBI) has now issued new directions to protect borrowers from intrusive…
Gold held steady in early Asian trade on Monday after hitting a seven-week peak on Friday, as investors awaited key inflation reports due later this week for interest rate clues. FUNDAMENTALS Spot gold was little changed at $4,339.59 per ounce, as of 0017 GMT, after a more than 7% gain last week.Bullion hit its highest…
PERTH: Oil prices rose on Monday on uncertainty over the reopening of the Strait of Hormuz anytime soon, as Iran said a deal with Oman defining new shipping lanes was in its final stages but insisted the U.S. must still meet other conditions. Brent crude futures rose 91 cents or 1.09%, to $84.46 a barrel…