Saturday, September 19
PM Narendra Modi and UK Prime Minister Keir Starmer on Thursday hailed the signing of the long-awaited India-UK Free Trade Agreement (FTA) as a landmark moment in the bilateral relationship. The two world leaders underscored its potential to transform economic ties and deepen historical bonds. “Today marks a historic day in our relations,” said PM Modi during his official visit to London. “I am delighted that after the hard work of several years, today our two nations have signed the Comprehensive Economic and Trade Agreement.”"People and industries in India will be able to access UK-made products, such as medical devices and aerospace parts, at affordable and competitive prices," the BJP leader added. Standing alongside him, PM Starmer echoed the sentiment. He called the pact “a
Cement maker ACC on Thursday reported a 4% growth in its Q1 consolidated net profit at Rs 375 crore versus Rs 360 crore in the year ago period. The Adani Group company's revenue from operations stood at Rs 6,015 crore, up 18% from Rs 5,113 crore reported in the corresponding quarter of FY25.However, the profit after tax (PAT) attributable to the equity holders of the company fell 50% on a sequential basis from Rs 751 crore reported in the January-March quarter of FY25. The topline growth was nearly flat from Rs 6,040 crore reported in Q1FY25.Volume increased by 12% YoY, supported by higher trade volumes and higher premium product as a % of trade sales volume (7pp YoY).Segment revenueThe Cement segment revenue stood at Rs 5,715 crore in the quarter under review versus Rs 5,734 crore in Q4FY
