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The Hindu
4 days ago
- Business
- The Hindu
Index of eight core industries grows at three-month high of 1.7% in June
The Index of Eight Core Industries grew at 1.7% in June 2025, as compared to 5% in June last year. The growth in June this year, while a three-month high, is significantly below the average growth of 6.3% the index saw in 2024-25. Five out of the eight sectors contracted in June 2025. The data, released by the Ministry of Commerce and Industry on Monday (July 21, 2025), showed that the coal sector saw the largest contraction while the steel and cement sectors saw the strongest growth. The coal sector contracted 6.8% in June 2025, down from a growth of 2.8% in May 2025, and a 14.8% growth in June 2024. The crude oil sector contracted 1.2% in June this year, compared to a contraction of 1.8% in May 2025, and a contraction of 2.6% in June last year. Similarly, the natural gas sector contracted 2.8% in June 2025, compared to a 3.6% contraction in May 2025, and a 3.3% growth in June 2024. The electricity sector contracted 2.8%, compared with a 4.7% contraction in May 2025. The three sectors that witnessed growth in June 2025 were steel, cement, and refinery products. The steel sector grew at 9.3% in June, up from 7.4% in May, and 6.3% in June last year. The cement sector grew at 9.2% in June, down from 9.6% in May, and 1.8% in June 2024. The refinery products sector grew at 3.4% in June, up from 1.1% in May, and a contraction of 1.5% in June 2024.
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Business Standard
17-07-2025
- Business
- Business Standard
From cooktops to cutlery: How to pick the right cookware for your kitchen
With dozens of materials, coatings, and claims in the market, choosing cookware has become as complex as cooking itself. Here's a guide to help you buy smart - and safe New Delhi Whether you're simmering a dal or stir-frying veggies, the right cookware can make all the difference. The Indian kitchen today is no longer about just patilas and kadhais. From non-stick pans to cast iron skillets, tri-ply stainless steel to ceramic-coated beauties, consumers are spoilt - even confused - for choice. The India cookware market reached $2.45 billion in 2024, with projections toward $5.41 bn by 2033, driven by a 9.2 per cent CAGR (2025–33) on the back of rising urbanisation, higher disposable incomes, and a shift toward premium/eco-friendly products, according to a report from IMARC Group, a market research and management consulting
Yahoo
23-06-2025
- Business
- Yahoo
3 Reasons to Sell HPE and 1 Stock to Buy Instead
Over the past six months, Hewlett Packard Enterprise's stock price fell to $17.98. Shareholders have lost 17.6% of their capital, disappointing when considering the S&P 500 was flat. This might have investors contemplating their next move. Is now the time to buy Hewlett Packard Enterprise, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team's opinion, it's free. Even with the cheaper entry price, we're sitting this one out for now. Here are three reasons why HPE doesn't excite us and a stock we'd rather own. A company's long-term performance is an indicator of its overall quality. Any business can have short-term success, but a top-tier one grows for years. Unfortunately, Hewlett Packard Enterprise's 2.9% annualized revenue growth over the last five years was sluggish. This was below our standards. We track the long-term change in earnings per share (EPS) because it highlights whether a company's growth is profitable. Hewlett Packard Enterprise's unimpressive 4% annual EPS growth over the last five years aligns with its revenue performance. This tells us it maintained its per-share profitability as it expanded. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. As you can see below, Hewlett Packard Enterprise's margin dropped by 6.2 percentage points over the last five years. If its declines continue, it could signal increasing investment needs and capital intensity. Hewlett Packard Enterprise's free cash flow margin for the trailing 12 months was 1.3%. Hewlett Packard Enterprise falls short of our quality standards. Following the recent decline, the stock trades at 9.2× forward P/E (or $17.98 per share). While this valuation is optically cheap, the potential downside is huge given its shaky fundamentals. There are better investments elsewhere. We'd suggest looking at a safe-and-steady industrials business benefiting from an upgrade cycle. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
20-06-2025
- Business
- Time of India
India core sector growth comes in at 0.7 per cent in May
The growth of core sectors in India slowed down to 0.7 per cent (provisional) in May against 6.9% in same month last year, official data released on June 20 showed. The ICI measures the combined and individual performance of production of eight core industries -- Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. These industries make up 40.27 per cent of the weight of items in the IIP . The production of Cement, Steel, Coal and Refinery Products saw positive growth in May. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Here's What A Walk-In Shower Should Cost Kohler Showers Learn More Undo Cement production grew by 9.2 per cent in May. Its cumulative index increased by 7.8 per cent during April to May, 2025-26 over corresponding period of the previous year. Steel production went up by 6.7 per cent . Its cumulative index increased by 5.5 per cent during April to May, 2025-26 over corresponding period of the previous year. Live Events Coal production rose by 2.8 per cent in May, 2025 over May, 2024. Its cumulative index increased by 3.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Crude Oil production fell by 1.8 per cent in May, with its cumulative index declining by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year. Natural Gas output fell by 3.6 per cent in May. Its cumulative index went down by 2.3 per cent during April to May, 2025-26 over corresponding period of the previous year. Petroleum Refinery production rose by 1.1 per cent. Its cumulative index declined by 1.7 per cent during April to May, 2025-26 over corresponding period of the previous year. Fertilizer output fell by 5.9 per cent in May. Its cumulative index declined by 5.1 per cent during April to May, 2025-26 over corresponding period of the previous year. Electricity generation fell by 5.8 per cent. Its cumulative index declined by 2.2 per cent during April to May, 2025-26 over corresponding period of the previous year. The final growth rate of the core sector for February 2025, March 2025 and April 2025 came in at 3.4, 4.5 and 1.0 per cent, respectively.
India Today
18-05-2025
- Business
- India Today
India blocks land route for several Bangladeshi goods, hits textile trade
In a tit-for-tat move, India has banned imports of several items from Bangladesh via land routes, dealing a severe blow to Dhaka, which already has a massive trade deficit with Delhi amounting to USD 9.2 billion for the fiscal year ending March per a notification sent by the Commerce Ministry, dated May 17, imports from Bangladesh will only be allowed through Mumbai's Nhava Sheva and Kolkata's items like fruits, fruit-flavoured and carbonated drinks, processed food items, wooden furniture, plastic, dyes, cotton and cotton yarn waste, among others, have been included in the list. Imports of these products through the land customs check posts in Assam, Meghalaya, Tripura, Mizoram and Changrabandha and Fulbari in West Bengal have now been fish, edible oil, LPG and crushed stones have been exempted from the latest move will make Bangladeshi goods even more expensive, acting as a disincentive for Indian -- a major exporter of textiles and readymade garments - will now be unable to send these goods via land routes, severely impairing Dhaka's export month, the Narendra Modi government pulled the plug on the transshipment facility that had allowed Bangladesh's export cargo to flow smoothly to other countries like Bhutan, Nepal and later, Bangladesh stopped its import of yarn -- which forms 30 per cent of Delhi's textile exports to Dhaka -- through Benapole, Bhomra, Sonamasjid, Banglabandha and Burimari land Bangladesh's Chief Adviser Muhammad Yunus called for "an integrated economic plan for Bangladesh, Nepal, Bhutan, and the Seven Sisters" last week. This proposal came two months after Yunus urged China to extend its economic footprint not only to Bangladesh but also to India's seven northeastern states.
