Author: Lucas

Union Minister for Heavy Industries and Steel H.D. Kumaraswamy has urged Indian industry to actively leverage the country’s expanding network of Free Trade Agreements (FTAs) to boost exports of electric vehicles (EVs) and their value chains, asserting that India can emerge as a global leader in electric mobility manufacturing and innovation.Addressing the 3rd FICCI National Conference on Electric Vehicles, Kumaraswamy said India’s transition to electric mobility is aligned with Prime Minister Narendra Modi’s vision of Atmanirbhar Bharat and Viksit Bharat 2047, as well as the country’s net-zero target for 2070. “Electric mobility is not merely a climate initiative. It is…

WHAT IS THE SECURED TRANSACTION ACT (Act) ? The Secured Transactions Act, No. 17 of 2024, certified on April 1, 2024, establishes a new institutional framework and regulatory structure for secured … Source link

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.HSBC has announced it is on track to deliver $1.5bn of cost savings six months earlier than planned, as chief executive Georges Elhedery presses ahead with an overhaul of one of the world’s biggest banks.The savings will be made in the first half of this year, HSBC said on Wednesday, as the bank also raised its target for return on tangible equity to at least 17 per cent, up from “mid-teens”, for this year and the following two.Elhedery took over in 2024…

February 23 saw 0 shares trade on the Bermuda Stock Exchange. The BSX finished at 3,346.36, even on the day. There were 0 advances, 0 declines, and 47 remained unchanged. The full report for the day … Source link

Manilam Industries IPO allotment date: The Manilam Industries IPO share allotment will be finalised today (Wednesday, February 25). The investors who applied for the issue can check Manilam Industries IPO allotment status on the registrar’s – Mas Services Limited – portal.The Manilam Industries IPO opened for subscription on Friday, February 20, and closed on Tuesday, February 24. Manilam Industries IPO subscription status was 6.25 times on Day 3, as per chittorgarh.comInvestors can determine whether they have received shares by checking the basis of allotment. The quantity of shares allocated can also be viewed in the IPO allotment status.The company will…

Savers urged to ‘act’ as 7 banks set to cut savings rates by 0.29% – full list (Image: Getty)Savers have been urged to “act now”, ahead of a wave of confirmed savings account interest rate cuts. The Bank of England reduced the base rate to 3.75% in December, and variable interest-paying savings accounts are paying the price. As many as seven banks have confirmed reductions to rates on live accounts – those still open to new customers – in the coming weeks. This makes it even more important for customers with “closed” accounts, which are no longer open to new customers,…

Silver prices rose sharply on Wednesday (February 25), buoyed by tightening global supply, geopolitical tensions, and uncertainty over US trade policy. On the Multi Commodity Exchange (MCX), silver for March delivery climbed ₹8,011, or 3.07%, to ₹2.68 lakh per kilogram, with a total turnover of 2,095 lots.Analysts attributed the gains to fresh positions built up by market participants, reflecting renewed investor interest. Overseas, Comex silver futures surged 3.77% to $90.44 per ounce.ALSO READ | Motilal Oswal believes gold’s rally is structural, not cyclicalGlobal supply tightness and market fundamentalsAccording to Geojit Investments, silver spot prices stabilised after pulling back from their late-January…

Personal finance expert has explained how people should judge where to put their hard-earned savings07:55, 25 Feb 2026Updated 08:14, 25 Feb 2026Martin Lewis has given a comparison between Premium Bonds and savings as a new rate cut comes in(Image: ITV)Martin Lewis has given his verdict on Premium Bonds – and if they are a better place to put your money than savings accounts. Yesterday NS&I announced a major change to prize rates and the odds of winning.NS&I is reducing the Premium Bonds prize fund rate to 3.30% with effect from the April 2026 draw, down from 3.60%. At the same…

On the potential of arbitrage trading on the German intraday power market – Journal of Energy Markets Skip to main content End of drawer navigation content Ex post arbitrage trading on the German intraday market for 15 minute contracts on order book data in comparison to a greedy trading approach is defined and analysed. The ex post algorithm trades much more and mainly neighbouring contracts close to gate closure, whereas the greedy algorithm starts trading too soon, but has comparable profits per position change. While the profit of the ex-post algorithm increases by 25 – 40% for a halving of…

In this article, we’ll look at the 11 High-Growth Industrial Stocks to Buy.Industrial stocks were a bag of mixed fortunes in 2025. While some delivered impressive returns, others were on edge as they capitulated under the weight of US trade war and tariffs. Nevertheless, the sector has started the year on a roll, with the S&P 500 industrials sector already up 10.68%, outperforming the overall market.The impressive performance comes on the back of easing US tariffs and a resilient US economy. Meanwhile, industrial stocks are also catching a bid as money moves out of tech and into laggards elsewhere. “We’re…