ACIL COTTON INDUSTRIES LTD Q1 RESULTS

Oyo Q1 FY26 PAT doubles YoY to Rs 200 crore; revenue grows 47% to Rs 2,019 crore

Oyo has reported a profit after tax of over Rs 200 crore in the first quarter of fiscal year 2026, with revenue growing 47% to Rs 2,019 crore. The company's Gross Booking Value surged 144% to Rs 7,227 crore, driven by hotel openings and premiumization.

Varun Beverages Ltd forms JV with Everest International to make refrigerators

Varun Beverages has entered into a joint venture with Everest International Holdings, forming White Peak Refrigeration. VBL holds a 50% stake in the venture, which will focus on manufacturing visi-coolers and other refrigeration equipment. The company has invested ₹21.25 crore, acquiring 2,12,50,000 equity shares in White Peak Refrigeration Pvt Ltd.

Broadcom Q3 earnings beat expectations driven by AI revenue - can its custom chips challenge Nvidia?

AVGO stock: Broadcom's fiscal third-quarter earnings exceeded expectations, fueled by robust AI demand. The company anticipates even higher revenue in the current quarter, driven by custom AI accelerators, networking components, and VMWare software. While shares remained mostly flat, investor optimism persists regarding Broadcom's potential to challenge Nvidia's market share in AI chips.

Omnichannel jewellery retailer Bluestone narrows Q1 loss as revenue rises 41%

For the Bengaluru-based company, which announced its first results after listing on the Indian bourses, total expenses during the quarter rose 29% to Rs 538.4 crore, led by a 51% jump in employee benefit costs to Rs 62.9 crore.

Expected price hike to a lack of premium camera features - is Apple's iPhone 17 already facing headwinds?

Apple is getting ready to launch the iPhone 17 series, with the latest iPhone 17 Air making it one of the most major redesigns in years. The device will be about 2mm thin, but this slimmer profile could minimize battery capacity unless offset by software enhancements. Costs are also anticipated to elevate by $50–$100 across models, making the iPhone 17 Air between $949 and $999 as per the analysts.

Can agro-pesticide stocks sustain their remarkable growth?

Agro-pesticide stocks have surged recently due to rural demand, stable pricing, and strong earnings. While NACL Industries led gains, analysts caution that this rapid growth may not be sustainable. Factors like favorable monsoons and higher MSPs have boosted demand, but investors should monitor rainfall, China's policies, and raw material costs. Rallis India and Sharda Cropchem are considered safer long-term investments.

Small and mid-cap firms lag behind large caps in Q1 earnings show

An ETIG analysis reveals that small and mid-cap firms underperformed large caps in the June quarter, with profit growth hitting multi-quarter lows. Large caps saw improved profit and sales growth, maintaining stable profit margins, while smaller firms experienced declines.

US stock market: Dow Jones falls, S&P 500, Nasdaq gain. Check top performing stocks

Google parent Alphabet and Apple made big gains as S&P 500, Dow Jones, Nasdaq look ahead to key US jobs data later in the week.

Hotel stocks rally up to 50% in FY26: Will GST 2.0 give them an extra boost?

Hotel stocks surged up to 50% in FY26, fueled by strong demand, GST reform hopes, and expansion plans. Analysts remain bullish on Lemon Tree, Chalet, and Apeejay Park, citing rising room rates, reduced debt, and new projects. Seasonal travel and premium supply gaps further support the growth outlook.

Domestic mutual funds now own 10.6% of NSE-Listed companies, highest ever: NSE Pulse Report

Domestic mutual fund ownership in NSE-listed companies hit a record 10.6%, driven by strong SIP inflows and rising retail participation. Active funds hold 8.6%, passive 1.9%. Combined direct and indirect individual ownership now stands at 18.5%. Both active and passive equity AUMs show robust growth, reflecting sustained investor confidence.

Textiles Minister assesses MSP operations for cotton procurement ahead of Kharif season

Union Textiles Minister Giriraj Singh reviewed MSP operations for cotton procurement starting October 1, 2025, assuring seamless procurement via the 'Kapas-Kisaan' app for farmer registration and direct payments. The initiative aims for a digitally empowered cotton ecosystem with transparent, faceless processes and uniform procurement norms.

JSW Cement Q1 profit before exceptional item & tax at Rs 164.74cr, revenue up 7.8%

JSW Cement Ltd reported a multi-fold increase in its profit before exceptional items and tax of Rs 164.74 crore for the first quarter ended June 2025.

India eyes record cotton buying as imports, US tariffs dampen prices

India anticipates a record cotton purchase from farmers due to falling domestic prices, influenced by cheaper imports and reduced demand following U.S. tariffs on textile exports. The government may need to buy around 14 million bales to support farmers, as local prices hover below the government-set rate.

Is India's Q1 GDP growth overestimated? The surprise behind the better-than-expected 7.8% number

HSBC India warns that India’s June quarter GDP growth of 7.8% may be overstated due to low deflators, especially in services and manufacturing. Inflation adjustments risk inflating real growth. External pressures like US tariffs and GST revenue impacts pose further challenges. Economists emphasize cautious optimism and stress the need to monitor growth sustainability amid evolving fiscal and global dynamics.

Robust Q1 GDP numbers reflect India's resilience: Economic Affairs Secretary

Canada Q2 growth shrinks for first time in 2 years as U.S. tariffs bite — is a recession ahead or can household spending bring relief?

Canada economy shrinks in Q2 2025 as U.S. tariffs hit exports harder than expected, pushing GDP down 0.4%. While auto and machinery exports tumbled, Canadians kept spending more on housing, food, and new vehicles, showing the domestic economy is still holding firm.

RBL Bank shares rise 3% after Societe Generale acquires shares worth Rs 79 crore via bulk deal

RBI Bank share price: French lender Societe Generale executed a bulk deal in RBL Bank, purchasing over 31 lakh shares worth Rs 79 crore at an average price of Rs 250.57, while simultaneously offloading 1.29 lakh shares in another trade.

Duty waiver on cotton imports extended till December

The Indian government has prolonged the import duty exemption on cotton until December 31st to aid the textile industry during the festive season, following a drop in domestic cotton production. This move aims to lower input costs for exporters, especially after the US imposed a 50% tariff on Indian goods.

Cotton import duty extension to stabilise input costs, safeguard farmer interests: Govt

The textiles ministry has extended the import duty exemption on cotton until December 31, 2025, aiming to stabilize input costs across the textile value chain and boost global competitiveness. This move is expected to benefit both manufacturers and consumers, while indirectly supporting domestic cotton farmers through better prices from mills.

US tariffs to hit nearly one-fourth of India's textile exports in next 6 months: Experts

India's textile exports face a potential 20-25% hit in the next six months due to the US imposing 50% tariffs, impacting apparel and made-up goods significantly. The extension of duty-free cotton imports until December 31 offers some relief by improving cost competitiveness. Exporters are exploring alternative markets and strategies to mitigate the impact, while the government assures support.

Rate cuts by RBI ease corporate debt burden, sectoral gains uneven: BoB Report

The Reserve Bank of India's interest rate cuts have lowered borrowing costs, boosting debt serviceability for companies, though benefits are uneven. A Bank of Baroda report indicates that while overall sales and profit growth have occurred, the crude oil and BFSI sectors significantly influence these trends.

India Inc earnings downgrade drought shows first signs of breaking: Will Q2 mark the bottom?

The earnings decline for Indian companies might be nearing its end. Q1 saw the smallest downgrade cycle in a year. Large companies are showing stability. Oil and Gas sector boosted overall growth. Construction materials and telecom sectors are performing well. Textiles and consumer durables are facing challenges. Rural consumption revival and potential RBI policy changes could aid growth.

Govt extends import duty exemption on cotton till December 31; Vardhman Textiles, Gokaldas Exports' shares fall

The Central Government has extended the import duty exemption on cotton until December 31, 2025, to bolster the domestic textile sector and exports. This decision, initially set to expire on September 30, 2025, aims to ensure sufficient cotton availability for the industry amidst high input costs.