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CHENNAI: Electronics manufacturing services (EMS) companies saw a sharp increase in costs during Q4FY26, as raw material cost inflation, extended working capital cycles, wage hikes and rupee depreciation squeezed margins. Prices of memory modules surged on the back of global AI-driven demand, while the West Asia conflict pushed up cost of key inputs such as…
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The government has issued a second global tender to import 70 lakh tonne of urea for the kharif season, despite a sharp rise in international prices, as it moves to ensure adequate fertiliser supplies amid disruptions linked to the Middle East crisis, PTI reported.The global price of urea has jumped from $447 per tonne in…
State Bank of India (ANI image) NEW DELHI: State Bank of India (SBI) is on track for one of its strongest years in recent history, with shares rising nearly 25% so far in 2025. The growth has helped the country’s largest lender outpace all major private-sector peers in the Nifty, signalling a decisive shift in…
Experts have indicated that if oil prices stay elevated, the currency could move into the 94–95 per dollar range. (AI image) Rupee depreciated against the US dollar in early trade on Tuesday, falling to levels of 93.71, down 18 paise from its Monday closing. On Monday, the rupee had breached the 94 per dollar mark…
The RHODL ratio, by Glassnode, a key on-chain metric tracking the balance between long-term and short-term bitcoin BTC$75,242.41 holders, is flashing signals more consistent with a market bottom than a cycle top, after hitting a ratio of 4.5. Currently sitting at its third highest level on record, the indicator shows that wealth is increasingly concentrated…
NEW DELHI: Another Trinamool Congress (TMC) leader, Soumitra Banerjee, was pelted with eggs on Tuesday while being escorted to court by police following his arrest. Video from the scene showed a crowd hurling eggs and chanting “chor, chor, chor” (thief, thief, thief) as Banerjee was being taken to a police vehicle.Police later brought the situation…
