ACC, a company in the Adani Group, has reported cement sales volume of 9.7 million tonnes for the second quarter. The company posted operating EBITDA of Rs 401 crore during the period. This translated into an operating EBITDA margin of 7 per cent. EBITDA per tonne stood at Rs 414.
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India has substantially increased its defence exports to European nations since the Russia-Ukraine conflict started. Reports indicate these shipments, particularly of ammunition, have surpassed $850 million in value. The rise in demand stems from European countries seeking to replenish their military stockpiles. Analysts see the trend as evidence of India's growing manufacturing capacity and widening global defence partnerships. The development is also viewed as a positive sign for the long-term outlook of India's domestic defence industry.
Former President Barack Obama made a pointed comment poking fun at the ornate, gilded decor of the Trump White House. The remark drew sharp reactions from supporters of Donald Trump, who accused Obama of mocking the former president. The exchange has renewed political tensions between the two camps. The source article, published by the Times of India, describes the reaction as a 'meltdown' among MAGA supporters.
The White House has defended President Donald Trump following an apology from an archbishop over a prayer moment that was described as manipulated. The controversy has emerged as the midterm elections approach. The episode has drawn attention to how religious and political imagery is being presented ahead of the vote. Critics and supporters have offered differing views on the incident and its significance. The White House's response signals its intent to stand by the president in the matter.
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