‘Sever Iran ties or be cut off from global financial system’: US to world

Aastha Spintex IPO saw a steady start on Day 1, subscribed 52% by mid-session, with strong NII demand leading the response. The issue carries a 4% grey market premium, indicating modest listing gains. Proceeds will fund Falcon Yarns acquisition, working capital needs, and general corporate purposes.

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Leading Indian manufacturers significantly increased exports in the last fiscal year. These companies collectively achieved net foreign exchange positive status. Export earnings grew by twenty-nine percent, reaching over one lakh crore rupees. Companies navigated import cost pressures through increased localization efforts. This strategic approach benefited margins and expanded market reach.