Indices trade sharply lower; oil & gas shares decline for 2nd day

Italian lights to drape Futala Musical Fountain in tricolor on I-Day

The landscape of India’s microdrama industry is evolving, shifting from an emphasis on acquiring users to nurturing and monetizing them. Currently, active paying users represent a small fraction of the total users. Analysts predict that the market will converge around a few dominant firms as they navigate global competition and find ways to lower production…

Ambuja Cements reported a profit drop, impacted by lower sales volume and higher costs. The company will now prioritize value over sales volume in its operations. Consolidated net profit decreased by thirty-seven percent year-on-year during the fiscal first quarter. Higher imported fuel prices and trade costs affected industry profitability significantly. Ambuja Cements remains confident of…