Shrikant Rao Wabtec has just given investors another reason to look closely at the company, with second-quarter 2026 sales rising 17.5 percent to $3.18 billion, adjusted earnings per share increasing 21.6 percent to $2.76 and the multi-year backlog reaching $30.93 billion. Management has also raised its full-year 2026 revenue guidance to $12.30–12.60 billion and adjusted…
Raipur: The Centre has approved the establishment of an Electronics Manufacturing Cluster (EMC 2.0) in Chhattisgarh’s Rajnandgaon district, which is expected to attract investment of more than Rs 3,000 crore and generate nearly 9,000 direct and indirect employment opportunities, officials said on Friday. The approval by the Union Ministry of Electronics and Information Technology (MeitY)…
Four weeks. That is all it took for the world’s best-performing stock market to become a bear market. In June 2026, the KOSPI crossed 9,300 for the first time in its history. South Korea had leapfrogged both India and the UK to become the sixth largest stock market on the planet. Then, within a month,…
Shrikant Rao Quarterly results usually make for predictable reading. Revenue goes up, margins improve, analysts smile, investors nod approvingly – and then everyone waits for the next quarter. But the most recent news out of Irving, Texas – Caterpillar Inc’s latest performance numbers – refuses to fit that script. Crossing the $20 billion mark in…
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the Centre’s capital expenditure push since Covid has boosted the private sector’s confidence in the Indian economy, encouraging them to take risks and invest. Stating that all countries need to have public debt for managing their finances, Sitharaman said there should be a conscious effort to…
There is a comforting assumption buried in most retail investing narratives: that the market is, at bottom, an intelligence test. Beat it with enough analysis, enough processing power, enough raw cognitive horsepower, and returns should follow. Three case studies, separated by three centuries, dismantle that assumption completely. Two involve certified geniuses. One involves the most…
Mumbai: In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in a row this financial year as it weighed the impact of uncertain energy prices and supply disruptions caused by the ongoing West Asia crisis. Announcing the third bi-monthly monetary policy for the current…
Mumbai: Stock market benchmark indices Sensex and Nifty climbed in early trade on Wednesday following a decline in crude oil prices and foreign fund inflows. Investors are also awaiting the RBI monetary policy decision to be announced shortly. The 30-share BSE Sensex climbed 397.59 points to 78,826.54 in early trade. The 50-share NSE Nifty went…
India has always been known as the land of saints, sages, and spiritual wisdom. For centuries, holy men and women have inspired others to live lives of compassion, truth, self-discipline, and service. The principles of various reformers and saints have profoundly influenced Indian society, inspiring people to rise above ignorance, superstition, and social constraints. Faith…
New Delhi: The total annual passenger handling capacity at airports in the country has increased to more than 580 million, the government said on Monday. Minister of State for Civil Aviation Murlidhar Mohol told the Rajya Sabha that capacity augmentation and modernisation projects are undertaken from time to time by the Airports Authority of India…
