Ambuja Cements has moved to consolidate the Adani Group’s cement assets by approving schemes to merge ACC and Orient Cement into itself, creating a single listed platform aimed at sharper operating leverage and cost synergies.The transaction is entirely share-based, with no cash payout. ACC shareholders will receive 328 Ambuja shares of face value Rs 2…
GURUGRAM: Haryana’s annual sex ratio at birth (SRB), the number of girls born per 1,000 boys, climbed to 923 in 2025, the first time it has showed a gain since 2019.Alarm bells rang last year after it fell to 910, its lowest since 2016 when the ‘Beti Bachao, Beti Padhao’ campaign was launched as a…
India’s key macroeconomic indicators are set for a base-year reset early next year, with the government announcing timelines for releasing new series of retail inflation, national accounts and industrial production data, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said on Monday that a new series of Consumer Price Index (CPI) data, reflecting a…
PM Narendra Modi and veteran journalist Mark Tully (ANI images) NEW DELHI: Prime Minister Narendra Modi on Sunday expressed grief over the death of veteran journalist and author Mark Tully. He remembered Tully as a “towering voice of journalism” whose work reflected a deep connection with India and its people.In a post on X, PM…
Strait of Hormuz (AP image) The Strait of Hormuz, which links the Gulf of Oman with the Persian Gulf, has become the focal point of global energy tensions since the war began on February 28.Ever since Iran and the US announced a two-week ceasefire, traffic through the critical waterway has remained severely restricted, with as…
Check out the companies making headlines before the bell: Broadcom , Alphabet — Broadcom on Monday said it agreed to supply artificial intelligence chips for Google and signed an expanded deal with Anthropic to give the AI startup about 3.5 gigawatts worth of computing capacity from Google’s AI processors. Broadcom shares gained 3%, while Alphabet…
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Commercial vessels are seen off the coast of Dubai on April 20, 2026. – | Afp | Getty Images Bettors on the prediction markets platform Kalshi don’t think the Strait of Hormuz will be open to normal traffic flows for months. Odds that traffic will return to normal by June 1 fell below 50% on…
Bitcoin’s sharp decline — nearly 50% from its all-time highs reached just months ago — has reignited debate over the cryptocurrency’s stability, but hedge fund veteran Gary Bode says the selloff is a feature of the asset’s inherent volatility rather than a sign of a broader crisis. In a post on X, Bode noted that…
JPMorgan Chase shares were under pressure Tuesday despite a strong quarter , and Wall Street analysts largely framed the pullback as profit-taking rather than a fundamental shift in the outlook. The bank stock fell nearly 3% on Tuesday after the bank posted fourth-quarter results that topped expectations on better-than-expected revenue from the bank’s trading operations. The company said net…
