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CM Satheesan to launch Vizhinjam's EXIM era on Aug 18
NATIONAL

CM Satheesan to launch Vizhinjam's EXIM era on Aug 18

Thiruvananthapuram, July 25 — Vizhinjam International Seaport is set to achieve another landmark in its evolution with the commencement of full-fledged gateway export-import (EXIM) cargo operations from August 18, transforming the country's newest deep-water port from an exclusive international…

Gold posts 1.31 pc weekly surge as US-Iran conflict escalates
BUSINESS

Gold posts 1.31 pc weekly surge as US-Iran conflict escalates

Mumbai, July 25 — Gold prices surged 1.31 per cent on a weekly basis as escalating conflict between the US and Iran, along with a surge in crude oil prices, prompted a flight to safe-haven assets.On Friday, MCX gold August futures gained 0.17 per cent while MCX silver September futures advanced…

India bets big on infrastructure-led growth across sectors
BUSINESS

India bets big on infrastructure-led growth across sectors

New Delhi, July 25 — India is betting big on infrastructure-led growth and the world is starting to take notice, a new report has said, adding that Prime Minister Narendra Modi’s government has spent more than a decade attempting one of the most ambitious economic transformations in modern…

AU Small Finance Bank Q1 net profit falls 4 pc sequentially
BUSINESS

AU Small Finance Bank Q1 net profit falls 4 pc sequentially

New Delhi, July 25 — AU Small Finance Bank on Saturday reported a 4.3 per cent sequential decline in its net profit for the first quarter (Q1) of FY27, according to the bank's filing.However, on a year-on-year basis, the bank's net profit rose 37 per cent, supported by strong growth in net interest…

MosChip Technologies Q1 net profit plunges nearly 78 pc in FY27
BUSINESS

MosChip Technologies Q1 net profit plunges nearly 78 pc in FY27

New Delhi, July 25 — Semiconductor and product engineering services provider MosChip Technologies has reported a 77.56 per cent year-on-year decline in its consolidated net profit to Rs 2.45 crore for the first quarter (Q1) of FY27, as lower revenue and margin contraction weighed on its…

Dodla Dairy's Q1 net profit declines 42 pc in FY27
BUSINESS

Dodla Dairy's Q1 net profit declines 42 pc in FY27

New Delhi, July 25 — Dodla Dairy Ltd on Saturday reported a consolidated net profit of Rs 40.64 crore for the quarter ended June 30, about a 42 per cent decline sequentially from Rs 69.8 crore in the previous quarter.However, revenue rose 19 per cent to a record Rs 1,197.94 crore, but profitability…

S. Korean, global tech firms agree on $950 bn cooperation projects
BUSINESS

S. Korean, global tech firms agree on $950 bn cooperation projects

San Francisco, July 25 — South Korean conglomerates and global tech giants, including Nvidia, have agreed to pursue a series of cooperation projects that together are worth $950 billion, a senior presidential official said.The projects include a long-term deal under which SK Group will supply $750…

SpaceX conducts starship test flight even as shares slide
BUSINESS

SpaceX conducts starship test flight even as shares slide

New Delhi, July 25 — US aerospace company SpaceX launched its Starship vehicle in a test flight to validate technology central to CEO Elon Musk’s ambitions for Starlink expansion, as the company's stock continues to slide.The rocket’s Super Heavy booster detached from the Starship spacecraft nearly…