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U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●U.S. economy unexpectedly lost 23,000 jobs in July●Beijing says 20% offshore insurance tax not new – and does not target Hong Kong●Gold prices today, Friday, August 7, 2026: Gold prices continue to rise ahead of July jobs report●EIH shares drop 6% after the announcement of Q1FY27 results●July jobs report, Airbnb earnings, fuel prices and more in Morning Squawk●Wendy's is cutting its dividend and pulling its full-year forecast as its turnaround drags on●Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday●K-shaped economy shows up in housing: Luxury sales rise as starter-home buyers struggle●

Asia

Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%

Markets-Economic Times · 2h ago · 🇮🇳 India

Hindalco Q1 results: Profit soars 75% YoY to record Rs 7,013 crore; revenue jumps 32%

Hindalco Industries reported a record 75% year-on-year jump in June-quarter consolidated net profit to Rs 7,013 crore, driven by strong India aluminium and copper operations and a recovery at Novelis. Revenue rose 32% to an all-time high of Rs 84,825 crore, while EBITDA surged 73% to Rs 14,989 crore, reflecting robust operational performance despite exceptional expenses.

Read the full story at Markets-Economic Times →

More Asia

Beijing says 20% offshore insurance tax not new – and does not target Hong Kong

Business - South China Morning Post · 18m ago

EIH shares drop 6% after the announcement of Q1FY27 results

mint - markets · 21m ago

Market wrap: TCS, SBI, M&M, Trent among top gainers and losers on Nifty and Sensex on Friday

Markets-Economic Times · 24m ago

Quote of the day by Philip Carret: "I’m an optimist, both as a person and an investor. It’s a big mistake to be pessimistic as long as we have a viable civilization which is reasonably well managed"

Markets-Economic Times · 32m ago