Mumbai, Aug 14 (IANS) AstraZeneca Pharma India Limited on Thursday reported a 4.12 per cent decline in net profit for the first quarter (Q1) of FY26, with earnings falling to Rs 55.8 crore from Rs 58.2 crore in the previous quarter (Q4 FY25). This dip came despite a strong rise in revenue from operations, which grew 9.56 per cent sequentially to Rs 526.3 crore from Rs 480.4 crore, according to its stock exchange filing.Other income saw a sharp decline of 30.43 per cent, dropping to Rs 11.2 crore…

Ahmedabad, Aug 14 (IANS) In a significant boost to India’s international school sports movement, the International Schools Sports Organisation (ISSO) on Thursday said it is collaborating with the Adani International School to enhance the nation’s sports education framework for globally aligned schools.Namrata Adani, Promoter of Adani International School, who now joins the Advisory Board of ISSO, is driving the initiative to actively shape its vision and long-term goals.“We are delighted t…

New Delhi, Aug 14 (IANS) India’s merchandise exports registered a 7.29 per cent increase to $37.24 billion in July this year, compared with the corresponding figure of $34.71 billion in the same month last year, according to official data released on Thursday.”Despite an uncertain global policy environment, India’s services and merchandise exports in July and in FY26 so far have grown substantially, and are much higher than the global exports growth,” Commerce Secretary Sunil Barthwal said.”Majo…

Mumbai, Aug 14 (IANS) The Indian stock market settled flat on Thursday amid a mixed approach as investors remained cautious ahead of the crucial dialogue between US President Donald Trump and his Russian counterpart Vladimir Putin, scheduled for August 15.Sensex settled at 80,597.66, up 57 points or 0.07 per cent. The 30-share index started the session slightly up at 80,625.28 against last session’s closing of 80,539.91, continuing the last day’s momentum. The index remained range-bound, touchin…

Mumbai, Aug 14 (IANS) Maharatna public sector company Indian Oil Corporation Limited (IOCL) on Thursday posted an 83 per cent year-on-year (YoY) jump in consolidated net profit for the April–June quarter (Q1) of FY26.Net profit for Q1 FY26 came in at Rs 6,808.12 crore, up from Rs 3,722.63 crore in the same quarter previous fiscal (Q1 FY25), according to its stock exchange filing.However, the figure was lower than the Rs 8,367.63 crore profit recorded in the March 2025 quarter.Revenue from oper…

New Delhi, Aug 14 (IANS) The Ministry of Earth Sciences on Thursday announced the successful 5,000-metre deep dive of Indian aquanauts aboard the French submersible Nautile in the Atlantic Ocean. The achievement marks a major step towards India’s ambitious MATSYA 6000 project — the nation’s first indigenously developed deep-sea human submersible under the Samudrayan Project, said Union Minister of State (Independent Charge) for Earth Sciences, Dr Jitendra Singh.The ‘MATSYA 6000’ is designed…

New Delhi, Aug 14 (IANS) India remains among the best-performing economies in the world, and “we expect growth dynamics to continue in the medium term”, with GDP increasing 6.8 per cent annually over the next three years, S&P Global said on Thursday.India is prioritising fiscal consolidation, demonstrating the government’s political commitment to deliver sustainable public finances, while maintaining its strong infrastructure drive.”We forecast India’s real GDP growth at 6.5 per cent this ye…

Mumbai, Aug 14 (IANS) Amara Raja Energy and Mobility Limited on Thursday reported a 34 per cent drop in its consolidated net profit for the April–June quarter (Q1 FY26), as profit after tax (PAT) stood at Rs 165 crore, compared to Rs 249 crore in the same period previous fiscal (Q1 FY25). Sequentially, however, profit inched up 2 per cent from Rs 161.57 crore in the March 2025 quarter (Q4 FY25), according to its stock exchange filing.Revenue from operations rose 4.2 per cent year-on-year (YoY)…

New Delhi, Aug 14 (IANS) The sales of automobiles in the country posted a “stable performance” in July this year, across all segments including passenger vehicles (cars and utility vehicles), two-wheelers, three-wheelers and quadricycle, to cross a total of 26.98 lakh units during the month, according to a Society of Indian Automobile Manufacturers (SIAM) statement released on Thursday.The two-wheeler segment grew by 8.7 per cent in July 2025, as compared to July 2024, with sales surpassing 15.6…

New Delhi, Aug 14 (IANS) Citing economic resilience and sustained fiscal consolidation, global credit ratings agency S&P Global on Thursday upgraded India’s long-term unsolicited sovereign credit rating to “BBB” from the earlier “BBB-“, ahead of the 79th Independence Day.In a note, S&P Global said the stable outlook reflects continued policy stability and high infrastructure investment, which are set to boost India’s long-term growth.”That, along with cautious fiscal and monetary polic…