Mumbai, June 1 (IANS) Shares of Inox Wind fell more than 8 per cent on Monday after the company reported a sharp decline in its earnings for the fourth quarter (Q4) of FY26.The wind energy solutions provider reported a consolidated net profit of Rs 105.68 crore for the January-March quarter, marking a decline of nearly 45 per cent from Rs 190.34 crore recorded in the corresponding period of the previous financial year.The fall in profitability came as operating expenses rose significantly during…
Latest Geopolitical disruptions News & Updates
New Delhi, May 9 (IANS) PHD Chamber of Commerce and Industry (PHDCCI) on Saturday welcomed the government’s decision to approve a Rs 5,000 crore emergency credit support scheme for airlines under ‘ECLGS 5.0’ to address the financial and operational stress arising from the ongoing West Asia crisis.Rajeev Juneja, President, PHDCCI, said, “The Government’s swift intervention through the Rs 5,000 crore emergency credit scheme demonstrates strong policy responsiveness towards one of the most cr…
Washington, April 21 (IANS) Nuclear power and natural gas could anchor the next phase of India-US energy cooperation, as both countries look to cut costs, diversify supply chains and strengthen long-term energy security, according to a US-based expert.“There are plenty of opportunities right now,” said Dinsha Mistree, from the Hoover Institution of the prestigious Stanford University, pointing to nuclear energy as “very critical” for future collaboration between India and the United Stat…
New Delhi, April 10 (IANS) India should brace for geopolitical disruptions every one to two years and use the current pause in geopolitical tensions to push through long‑pending structural reforms, Prime Minister’s Economic Advisory Council (EAC-PM) Member and Axis Bank chief economist Neelkanth Mishra said on Friday.The pause in hostilities offers a window to “hard‑wire resilience into growth” by accelerating reforms in electrification, housing, urban infrastructure and tourism, Mishra …
New Delhi, April 7 (IANS) The Reserve Bank of India (RBI) is likely to keep policy rates on pause as liquidity tools will take centre-stage in 2026, even as crude prices sit about 50 per cent above the central bank’s $70 per barrel assumption, a report said on Tuesday.”Current oil prices are 50 per cent above RBI’s assumption of $70/bbl. Despite this, we continue to see a high bar for monetary tightening,” the report from SBI Mutual Funds said.The AMC firm noted metals and mining as sectoral…