Vishal Fabrics Ltd, a prominent denim fabric manufacturer under the Chiripal Group, announced a notable 13% rise in net profit to Rs 28.84 crore for the fiscal year ending March 31, 2025, despite ongoing global economic headwinds. Total revenue grew 5% year-on-year to Rs 1,521.43 crore, underscoring the company’s resilience and strategic focus on operational efficiency, quality, and customer satisfaction.

India’s cement industry demonstrated encouraging volume growth in the March 2025 quarter, with leading firms such as UltraTech, Ambuja, ACC, Shree Cement, and Dalmia Bharat projecting sustained expansion in FY26. Industry volumes grew between 3.5% and 10% year-on-year, driven by infrastructure spending and rural demand recovery. However, declining cement prices—down 7% in FY25—and geopolitical uncertainties pose risks to revenue growth. Despite these challenges, margin improvements are anticipated, supported by stable input costs and moderate price hikes.

In a strategic move to deepen economic ties and enhance regional commerce, Bangladesh has relaxed its visa policies for Pakistani business leaders. The initiative, highlighted by Bangladesh’s High Commissioner to Pakistan, Iqbal Hussain Khan, aims to facilitate smoother trade delegations and strengthen cooperation between the two nations. With bilateral trade anticipated to surpass USD 1 billion this fiscal year, both countries are positioning themselves as pivotal players within the South Asian economic landscape.

As India emerges as a dominant force in global diamond consumption, De Beers Group is accelerating its investments in the subcontinent, predicting a doubling of natural diamond jewellery demand by 2030. With India overtaking China to become the second-largest market for natural diamonds, De Beers is launching an ambitious expansion of its Forevermark retail presence. The company also plans to shift focus away from lab-grown diamonds for jewellery, steering their use toward high-tech industrial sectors.

The Uttar Pradesh government has launched its Global Capability Centres (GCC) Policy 2024, targeting investments from Fortune 500 firms and global corporations to transform key cities such as Noida, Lucknow, Kanpur, and Varanasi into thriving technology and digital service hubs. With a goal to create over 200,000 high-paying jobs in five years, the policy offers a comprehensive suite of incentives—ranging from capital subsidies to operational grants—to attract foreign direct investment (FDI) and support innovation.

In a significant step toward environmental stewardship and sustainable tourism, Hindustan Zinc has entered into a strategic partnership with the Rajasthan Forest Department to enhance the Crocodile Conservation Reserve at Baghdara Nature Park in Udaipur. Backed by an investment of Rs. 5 crore, the initiative aims to restore natural habitats, conserve water, and develop eco-friendly tourism infrastructure.

On Thursday, TD Power Systems witnessed a significant shift in its shareholding pattern as three promoter entities along with a public shareholder sold a combined 1.15 crore shares, representing a 7.4 percent stake in the company. The transactions, executed through open market sales, fetched approximately Rs. 530 crore at prices ranging between Rs. 460.09 and Rs. 463.28 per share. This divestment reduced the promoters’ collective stake from 33.22 percent to 26.89 percent.

In a landmark move celebrating rural resilience and financial responsibility, Punjab Chief Minister Bhagwant Mann honored cooperative societies in the Dhuri circle for achieving a loan recovery rate exceeding 99 percent. The recognition came during an event marking the International Year of Cooperation, where Mann emphasized the vital role of cooperatives in strengthening the state’s agricultural economy. He advocated for cooperative banking, promoted cost-effective farming practices, and urged simplicity in social customs to alleviate rural debt burdens.

In an era where digital photography dominates both professional and casual use, Fujifilm’s X half enters the scene not as a technological breakthrough, but as a bold homage to analog aesthetics. Priced at approximately Rs. 70,000, this compact digital camera blends vintage design cues with modern functionality, offering full manual control, film simulation modes, and a fixed lens reminiscent of the company’s iconic disposable models.

In an unusual sequence of back-to-back incidents, Bollywood actor Salman Khan’s Mumbai residence, Galaxy Apartments, became the center of controversy after two separate individuals attempted to enter the premises without authorization. On May 21, a woman identifying as a model was arrested for trespassing, claiming she had been personally invited by the actor—a statement later refuted by Khan’s family. This came just 24 hours after another man attempted a similar breach.