Investcorp Commits ₹500 Crore to 20Cube 3PL, Aims for $1 Billion Investment in India Investcorp, a leading global asset manager, has announced a significant investment of ₹500 crores (approximately $60 million) in 20Cube, a third-party logistics (3PL) company. This investment
Stock Market Recommendations for August 18, 2026: Somil Mehta, the Head of Retail Research at Mirae Asset ShareKhan, has identified four companies as top stock picks for investors. The recommended stocks include Mphasis, Supreme Industries, United Spirits, and Kfin Technologies.
On August 14, the Indian government formally communicated to the World Trade Organization (WTO), expressing its “substantial interest” in an ongoing trade matter. The statement indicates Indias desire to engage in consultations regarding the issue, aligning with its commitment to
On August 19, 2023, all banks in Tripura will be closed in recognition of a regional holiday. This closure is part of a series of bank holidays scheduled for various states in India throughout the month, coinciding with local festivals
On Tuesday morning, the Indian rupee faced a decline against the US dollar amid rising crude oil prices and sustained demand for the greenback. Brent crude futures were reported above $91 per barrel, contributing to the increased need for dollar
Spot gold continued its upward trend, achieving a second consecutive week of gains for the week ending August 14. The precious metal closed at $4,376, reflecting a weekly increase of 0.70%. This rise in gold prices can be attributed to
Arkhangelsk, situated on the Northern Dvina River along Russias Arctic coastline, plays a significant role as a major cargo hub within the Northern Sea Route (NSR). This strategic maritime corridor spans approximately 5,600 kilometers across the Arctic waters of Russia.
US Stock Market Update: Decline in Key Sectors The US stock market experienced a decline today, primarily driven by downturns in several leading companies that have significantly benefited from the recent surge in artificial intelligence (AI) investments. Notable amongst these
India is currently evaluating the possibility of implementing limited duty-free sugar imports alongside stricter stock limits for domestic traders. These proposed measures are intended to enhance local sugar supplies and address the rising sugar prices, which have seen a significant
In its August report, the U.S. Energy Information Administration (EIA) projects that oil production and trade patterns may not fully revert to pre-conflict levels until early 2027. This forecast is attributed to ongoing geopolitical tensions and their impacts on the
