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2025-01-09 06:20:35| The Economic Times

Shares of SRF and Navin Fluorine surged 14% on Thursday after a report highlighted a sharp rise in global refrigerant gas prices. Supply constraints for key gases like R32 and R125 are creating challenges for the HVAC industry.

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2025-01-09 05:16:00| The Economic Times

PSU-themed mutual funds have seen negative returns of up to 12% in the last three months, with six funds reporting losses. The Quant PSU Fund, launched in February 2024, saw the largest decline at 11.58%. Other funds like CPSE ETF, Aditya Birla SL, Invesco India PSU, and ICICI Pru PSU also posted significant losses during this period.

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2025-01-09 05:06:19| The Economic Times

Saudi Arabia Weather: Saudi cities including Mecca and Jeddah faced heavy rainfall and flooding on January 8. Residents formed human chains to help marooned children. Although no casualties are reported, the floods have stressed the underdeveloped sewage systems. The National Meteorological Centre has issued red alerts and closed public spaces, while schools moved to online classes in some regions.

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