Yarn prices surge as garment exporters experience high demand from international retailers. Rising work orders and easing inflation contribute to the market spike.
India's ban on rice exports raises global price concerns, impacting Asian economies & vulnerable countries. Read more about the potential consequences.
Indian equity markets hit an all-time high with BSE-listed firms' market capitalization reaching Rs 292.78 lakh crore. The rally in equities and positive global cues drove the uptrend, with financial services, bankex, and capital goods among the top performers. Foreign institutional investors turned net buyers of local equities, making investors richer by Rs 2 lakh crore on June 16th. The domestic market rebounded with strong buying in banking, pharma, and consumer stocks, while global markets in Seoul, Tokyo, Shanghai, and Hong Kong also ended in the green.
Evolved Foods secures INR 7.3 crore in seed funding led by Rainmatter Health and Kamala Capital. The plant-based protein company plans to improve production efficiency and expand its range of nutritious offerings.
Discover how India has become a dominant force in mobile manufacturing, boasting skilled workers, supportive policies, advanced infrastructure, and big-name investors like Apple and Samsung.