Dhaka, April 20 (IANS) As fuel prices surge in Bangladesh, long queues at petrol pumps due to panic buying persist, causing widespread disruption to daily life, despite repeated assurances from authorities of a stable fuel supply, local media reported on Monday. The government announced the price hike through a gazette notification issued by the Power, Energy and Mineral Resources Division on April 18, citing rising global oil market trends.The diesel prices were increased by Bangladeshi taka (T…
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Mumbai, April 15 (IANS) Industrial gearbox manufacturer and a premier material handling equipment (MHE) provider Elecon Engineering Company Limited on Wednesday reported a sharp 96 per cent drop in its net profit to Rs 6 crore for the fourth quarter (Q4) of FY26, mainly due to a large exceptional loss during the period.The company had posted a net profit of Rs 146.48 crore in the same quarter previous financial year (Q4 FY25), according to its stock exchange filing.The steep decline in profit wa…
New Delhi, April 2 (IANS) India’s primary market has started 2026 on a strong note, with initial public offerings (IPOs) raising $2.5 billion in the first quarter, marking a 7.8 per cent increase year-on-year (YoY) and the highest first-quarter performance since 2018, a new report said on Thursday.India remained a key global IPO destination, accounting for around 8 per cent of worldwide proceeds during the quarter, according to a report by London Stock Exchange Group (LSEG).The broader equity …
New Delhi, March 31 (IANS) Prime Minister Narendra Modi will visit Gujarat on Tuesday to inaugurate the Samrat Samprati Museum at Koba Tirth in Gandhinagar, and launch several significant development projects across the state, covering cultural, technological, and infrastructural milestones.Speaking ahead of his visit, the Prime Minister said in a post on social media: “The Samrat Samprati Museum is a testament to the rich legacy of Jainism and India’s civilisational traditions. It will p…