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BUSINESS

Healthcare major Aster DM Q1 profit slumps 81 pc to Rs 16 crore
BUSINESS

Healthcare major Aster DM Q1 profit slumps 81 pc to Rs 16 crore

Mumbai, Aug 5 — Aster DM Quality Care on Wednesday reported over 81 per cent decline in net profit for the quarter ended June 2026 (Q1 FY27).The healthcare major posted a consolidated net profit of Rs 16.1 crore in the first quarter, down 81.2 per cent from Rs 85.5 crore recorded in the…

Whirlpool India's Q1 profit falls 29 pc to Rs 103 crore
BUSINESS

Whirlpool India's Q1 profit falls 29 pc to Rs 103 crore

Mumbai, Aug 5 — Whirlpool of India on Wednesday reported a 29.4 per cent decline in net profit for the June quarter, as higher input and operating costs squeezed margins despite double-digit growth in revenue.The home appliances maker posted a consolidated net profit of Rs 103 crore in the first…

Indian Railways utilises 39 pc of FY27 capex spent till July: Govt
BUSINESS

Indian Railways utilises 39 pc of FY27 capex spent till July: Govt

New Delhi, Aug 5 — Indian Railways has incurred capital expenditure of over Rs 1.14 lakh crore or about 39 per cent of the budgetary allocation for 2026-27 till July, while expanding the deployment of its indigenous train collision avoidance system Kavach and upgrading tracks to support higher…

Chinese AI models lack credible data due to censorship: Report
WORLD

Chinese AI models lack credible data due to censorship: Report

New Delhi, Aug 5 — Chinese AI models like DeepSeek have a serious limitation due to the censorship on information in the authoritarian state and are distrusted by many governments and users worldwide even though they are cheap and capable, according to an article published by East Asia Forum.When…

India’s EV sales likely to grow 55 pc annually through 2034
BUSINESS

India’s EV sales likely to grow 55 pc annually through 2034

New Delhi, Aug 5 — India’s shift to electric vehicles is becoming a key economic driver, with EV sales rising 46-fold from about 50,000 units in 2016 to 2.3 million units in 2025 and the market is projected to grow to $191.04 billion by 2034 at a CAGR of 54.94 per cent, the government said on…

Sensex, Nifty end marginally higher after RBI keeps rates unchanged
BUSINESS

Sensex, Nifty end marginally higher after RBI keeps rates unchanged

Mumbai, Aug 5 — Indian equity benchmarks ended marginally higher on Wednesday after the Reserve Bank of India (RBI) kept the benchmark repo rate unchanged at 5.25 per cent and maintained its neutral policy stance, broadly in line with market expectations.The Sensex settled 152.05 points, or 0.19…

Monte Carlo Q1 net loss widens to Rs 23.4 crore
BUSINESS

Monte Carlo Q1 net loss widens to Rs 23.4 crore

New Delhi, Aug 5 — Premium apparel brand Monte Carlo Fashions on Wednesday reported a wider consolidated net loss of Rs 23.4 crore for the quarter ended June 30 (Q1 FY27), compared to a net loss of Rs 16.2 crore in the corresponding quarter of the previous financial year (Q1 FY26).On…