Shares of Ircon International Ltd. dropped 9% today, reacting to disappointing Q3 earnings results. Despite reporting a 20.37% YoY increase in Profit After Tax (PAT) to Rs. 883.29 crore and an 18.93% rise in operating revenue to Rs. 12,331 crore, the market responded negatively. One of the concerns was the company’s negative cash flow from operating activities (-Rs. 78.55 crore) and higher cash outflows from investment activities (-Rs. 705.49 crore), down 148.06% YoY. Investors may also be wary of the recent ircon share price decline in stock price, which has dropped 32.03% in the past six months and 19.11% over…
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Reliance Power Share Surges for Second Consecutive Week: Signs of Revival After Q3 2025 Results? Mumbai, February 2025 – Shares of Reliance Power, owned by Anil Ambani, continued their upward momentum for the second straight week following the release of its Q3 FY2025 financial results. Investors are now debating whether this rally signals a sustained recovery or a temporary relief rally. Q3 2025 Results: A Turning Point? Reliance Power recently announced its quarterly earnings, which showed narrowed losses and cost-cutting measures to improve operational efficiency. Despite ongoing challenges in the energy sector, the company’s debt restructuring plans and focus on…
Gold prices have continued to rise in 2025, as Trump’s tariffs raise inflationary worries and investors abandon large tech firms. Could gold soon surpass $3,000? Following a successful year in 2024, the gold price continues to shine in 2025, with the yellow metal reaching new highs. A rush to invest in gold drove the commodity’s price to $2,790 in October 2024, a record at the time, but despite a brief dip late last year, the price of gold has soared in the early months of 2025. February 10, the gold price burst past the $2,900 barrier for the first time,…
Stock market news the Indian stock market witnessed a sharp decline today as the BSE Sensex tumbled over 800 points, while the NIFTY 50 share price fell below 22,900, marking a significant downtrend. stock market This marks the sixth consecutive session of losses for the Indian markets, driven by a mix of global economic concerns, foreign fund outflows, and weak investor sentiment. According to reports, the Sensex ended down 824 points, reflecting widespread selling pressure across sectors. NIFTY50 also suffered heavy losses, closing below 22,850, weighed down by weak global cues and persistent foreign investor selling. Among the worst-hit stocks…
New Income Tax Bill 2025 Unveiled: Key Highlights Across 23 Chapters and 16 Schedules The Indian government is set to introduce a new Income Tax Bill 2025 in the Budget 2025 session, aiming to replace the Income Tax Act of 1961 with a simplified and modern tax framework. The bill consists of 23 chapters and 16 schedules, streamlining tax laws, reducing complexity, and easing compliance for taxpayers. Key Highlights of the New Income Tax Bill Simplification of Tax Provisions: The number of sections will be significantly reduced to make tax compliance easier. Higher Standard Deduction: The limit may be increased…
Reliance share price Hits 52-Week Low, Extends Indian Market’s Losing Streak to Six Sessions Reliance Industries Ltd. (RIL) faced another day of decline, with its stock hitting a 52-week low, extending the Indian stock market’s losing streak to six consecutive sessions. The stock fell as much as 1.93% intraday to Rs.1,229, close to its 52-week low of Rs.1,217.25 recorded on November 24. It eventually settled at Rs.1,230.45 on the National Stock Exchange (NSE). The persistent downturn in RIL shares has contributed significantly to the broader market slump, with the benchmark Nifty 50 closing 1% lower. Reliance, which holds an 8%…
Mukesh Ambani and four generations of his family took a holy dip at Triveni Sangam during the current Maha Kumbh 2025 in Prayagraj. The Ambani family took part in traditions and donated by distributing sweets and life jackets. Reliance Industries provides numerous services to pilgrims through its ‘Teerth Yatri Seva’ initiative. Reliance Chairman Mukesh Ambani Takes Holy Dip at Maha Kumbh 2025 Mukesh Ambani, chairman and managing director of Reliance Industries, with his mother, sons, and grandkids participated in the current Maha Kumbh in Prayagraj on Tuesday February 11. Ambani, his mother, Kokilaben Ambani, sons Akash and Anant Ambani, daughters-in-law…
In the United States, the Geographic Names Information System (GNIS) has formally changed “google Gulf of Mexico” to “Gulf of America.” As we mentioned two weeks ago, and in accordance with our long-standing procedures, we have began rolling out adjustments to reflect this update. People using maps in the United States will see “Gulf of America,” while those in Mexico would see “Gulf of Mexico.” Everyone will see both names. The names you see in the Maps app are based on your national location, which is determined by information from your phone’s operating system (for example, iOS and Android), such…
Australian fast bowler Mitchell Starc has officially withdrawn from the upcoming ICC Champions Trophy due to personal reasons. ben dwarshuis In his absence, former captain Steve Smith has been appointed to lead the Australian squad in the tournament. Mitchell Starc Withdraws from Champions Trophy for Personal Reasons; Steve Smith to Lead Australia Starc’s Withdrawal and Team Impact Cricket Australia (CA) confirmed Starc’s withdrawal in a statement, citing personal commitments that require his immediate attention. The left-arm pacer has been a key player for Australia, known for his lethal pace and ability to swing the ball. jake fraser mcgurk His absence…
According to a press announcement dated February 7, Tri-Union Seafoods is recalling canned tuna sold under the Genova, genova tuna recall Van Camp’s, H-E-B, and Trader Joe’s brand labels. The recall was initiated after Tri-Union Seafoods was notified by its supplier that the cans’ “easy open” pull tab lids have a manufacturing defect that could affect the product’s seal and contaminate the tuna with clostridium botulinum (commonly known as botulism), a potentially fatal form of food poisoning. How to Identify Recalled Canned Tuna. The recalled items were sold in a number of retailers around the country under various brand names.tuna…
