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Hindalco Industries achieved record profit and sales in the June quarter, driven by soaring aluminium prices and a rebound at Novelis. The company is now focused on executing ongoing projects valued at fifty thousand crore rupees while exploring further investments for future growth. Aluminium prices are projected to stay robust, despite a slight sequential dip.

Choosing a mutual fund requires more than examining past returns. Investors should assess risk-adjusted performance using metrics such as Alpha, Beta, Sharpe, Treynor, Information and Sortino ratios, along with standard deviation, semi-standard deviation and R-squared. These measures help compare funds, understand volatility, evaluate manager performance and determine suitability for individual investment goals.

Kinetic Watts & Volts, a subsidiary of Kinetic Engineering, plans to expand its Kinetic DX electric scooter network to 100 dealerships by October, aiming to sell 15,000 units this year. Backed by a Rs300 crore investment, the company is ramping up production at its Ahilyanagar plant to target 400,000 EV sales over five years.

Sergio Gor, the US Ambassador, underscores the robust trust and teamwork that characterize US-India relations. With American businesses pursuing investments in India, bilateral trade has surged to over $240 billion. Additionally, India's military collaboration with the US is unmatched globally, while a remarkable 40% of the generic drugs consumed in the US are sourced from Indian manufacturers.