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Quarterly performance was strong The brokerage said HFCL’s record quarterly performance, high revenue estimates, rising orders, strong cash flows and better working capital position prompted it to raise its earlier target price. HFCL’s revenue in the second quarter of FY 2027 increased by 144% compared to the previous year. EBITDA increased by 231% on an…
After the death sentence given to two Bangladeshi citizens in Saudi Arabia, a deep diplomatic crisis has arisen between the two countries. According to local media reports, Bangladeshi officials say that they came to know about the recent death sentence given to two Bangladeshi citizens in the holy city of Mecca only after the incident….
Gold Rate at Bullion Shops Like futures trading, the price of gold has fallen in the domestic market. After the day’s trading on Friday, the rate of gold closed at Rs 1,46,426 per 10 grams. Whereas on the last trading day of last week, it had closed at Rs 1,49,430 per 10 grams. That means…
After the flash floods in Nepal, Foreign Minister Shishir Khanal had said that Nepal’s greenhouse gas emissions are almost zero, yet it is paying the price of the climate crisis. He had demanded the world’s three greenhouse gas producing countries, China (the largest), America (second) and India (third), to take historical responsibility for this and…
Pakistan has approved to honor two Indian Parsi doctors from Bombay (now Mumbai) with the country’s highest civilian award ‘Nishan-e-Imtiaz’. These doctors had kept the serious illness of Pakistan’s founder Muhammad Ali Jinnah a secret during the crucial period just before the partition of India in 1947. read more Jinnah’s deteriorating health was something that…
Former Governor of Reserve Bank of India Raghuram Rajan has been given a big responsibility in America. In fact, Kevin Warsh, considered close to Donald Trump, has recently become the Chairman of the US Fed and has also started including veterans in his team as part of his reform programs. read more Three Indians have…
The Supreme Court said that the use of fake legal precedents created with Artificial Intelligence (AI) is dangerous. To explain its seriousness, the court said that this danger is as big as the leakage of poisonous (AI) gas in the Bhopal gas tragedy. The bench of Justice PS Narasimha and Justice Alok Aradhe made this…
There is a continuing situation of doubt regarding the deal between Iran and America. Iran’s Foreign Minister Abbas Araghchi has said that we are close to the deal, but he has also said that until it is finalized, we should avoid speculating about its content. Iran’s Foreign Minister has written his entire statement in a…
Russian President Vladimir Putin has said that India has never followed orders received from outside its borders. This statement of Putin has come when US President Trump is pressurizing New Delhi to cut trade relations with Moscow. This statement of Putin is being considered as a blunt answer from Russia to the American establishment including…
How does money double?Talking about the calculation of doubling of money in this scheme, it is very easy. Actually, in this Govt Scheme, interest on the investment amount is calculated on the basis of compounding. If we understand from the example of investment of Rs 1 lakh, then on the basis of 7.5 percent interest…