Medical device industry has warned of a hospital supply crisis and sought immediate fiscal and logistical relief from government, saying the surge in raw material prices and the Strait of Hormuz blockade is squeezing margins.In letters to commerce minister Piyush Goyal and revenue secretary Arvind Shrivastava, the Association of Indian Medical Device Industry (AiMeD) sought fast tracking of goods ...

The Nifty 50 succumbed to further selling pressure, falling more than 2 percent to end at a fresh 11-month closing low on March 13. Middle East tensions are expected to persist in the near term, keeping oil prices elevated, as US defence forces targeted military sites near Kharg Island, an important terminal for Iranian oil exports. The move signals a warning from Donald Trump that Iranian oil fac...

Trent shares traded higher on Thursday after the Tata Group retail firm reported a rise in consolidated net profit for the December quarter of FY26, even as brokerages remained mixed on the outlook, flagging pressure on same-store sales (SSSG) growth.The company posted a 2.73 percent increase in consolidated net profit at Rs 510.11 crore for the October-December quarter, compared with Rs 496.54 cr...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, appointments, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:Results TodayJaiprakash Associates, Mangalam Drugs & Organics, Bharat Global Developers, Dynemic Products, Goyal Associates, and Victoria Enterprises will release quarterly earnings ...

As a conduit for both outward and inward investment, GIFT City has continued to attract fund managers and investors, with RBI's data showing a 19?GR over two years in LRS remittances. At PMS Bazar's GIFT City Conclave, Mihir Shirgaonkar, Vice President, Alternative Investments at Phillip Ventures IFSC, highlighted that resident Indians’ use of the RBI's Liberalised Remittance Scheme (LRS) for in...