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BUSINESS

HG Infra Engineering swings into Q1 loss, revenue falls 26 pc
BUSINESS

HG Infra Engineering swings into Q1 loss, revenue falls 26 pc

Mumbai, Aug 12 — H.G. Infra Engineering Limited on Wednesday swung into a loss in the first quarter of FY27, even as its EBITDA rose sharply, helped by a significant improvement in operating margins.The Jaipur-based infrastructure company reported a consolidated net loss of Rs 45.1 crore for the…

South Korea, India vow closer ties in customs affairs
WORLD

South Korea, India vow closer ties in customs affairs

Seoul, Aug 12 — The South Korean customs agency said on Wednesday it has agreed with its Indian counterpart to bolster cooperation in customs affairs and facilitate smoother trade between the two countries.The Korea Customs Service (KCS) said it met with officials from India's Central Board of…

India's retail inflation edges up to 4.45 per cent in July
BUSINESS

India's retail inflation edges up to 4.45 per cent in July

New Delhi, Aug 12 — India's retail inflation, based on the new Consumer Price Index (CPI) series, edged up to 4.45 per cent in July, compared to the same month of the previous year, according to data released by the Ministry of Statistics on Wednesday.The commodities that posted the highest…

BRICS economies are major engines of global growth: FM Sitharaman
BUSINESS

BRICS economies are major engines of global growth: FM Sitharaman

Jaipur, Aug 12 — Finance Minister Nirmala Sitharaman said on Wednesday that while BRICS economies represent major growth engines of the global economy, they also face common structural constraints in mobilising private capital at scale.The challenge is not merely the availability of capital, but…