Brokerage firm Anand Rathi Shares & Stock Brokers has initiated coverage on India’s building materials sector with a positive outlook, citing a gradual recovery in demand, especially in rural and semi-urban areas, a better pricing environment supported by rising trade flows and commodity prices, and comfortable valuations.

According to the brokerage, building material companies have reported muted year-on-year (Y-o-Y) revenue growth for the past 12 quarters.

Campus Activewear Ltd remains well-positioned to benefit from strong demand in the sports and athleisure segment, driven by premiumisation, product innovation, and favourable pricing, Motilal Oswal said in a note.

The brokerage said the company's innovative designs, attractive pricing, and wide product portfolio have helped it emerge as a market leader in the fast-growing segment.

Commerce secretary Rajesh Agrawal on Monday said that India will sign the trade deal with the United States (US) after Washington restore global tariffic structure.

"US deal was to be signed in March. International Emergency Economic Powers Act (IEEPA) tariffs don't exist per se due to US Supreme Court rulings now.

The US State Department has announced a reward of up to $10 million for information leading to Iran’s new supreme leader, Mojtaba Khamenei, and several other senior Iranian officials.

The announcement was made by the US Department of State on Friday under its Rewards for Justice Program.

The first major attack on an island that exports the bulk of Iran’s oil threatens the lifeblood of the Islamic Republic, as well as global supplies in a market already rocked by the two-week-old conflict in the Middle East.

The US bombed military targets on Kharg Island in the Persian Gulf, but spared oil infrastructure for now, President Donald Trump said in a post on his Truth Social account. He warned Iran’s leaders that he would immediately reconsider that decision if they interfered with ships transiting the Strait of Hormuz.

The United States on Thursday announced a 30-day waiver allowing countries to purchase sanctioned crude oil and petroleum products from Russia that are already stranded at sea, in an effort to cool crude oil prices hovering around $100 per barrel amid the conflict involving the US, Israel and Iran.

President Donald Trump is scrambling to replace the revenue the federal government lost when the Supreme Court struck down his biggest and boldest tariffs last month.

If the effort succeeds, congressional Democrats warn in a study out Friday, the administration's import taxes will cost American households an average of $2,512 in 2026, up 44 per cent from $1,745 in tariff costs last year.

From Bangkok to Manila, officials in Southeast Asia are rolling out work-from-home mandates and other fuel conservation measures to shield their economies from surging oil prices, underscoring how an energy shock triggered by the war in Iran is reshaping daily routines half a world away.

Thailand is requiring most government agencies to adopt full-time work-from-home arrangements as part of emergency efforts to reduce energy demand.

The US-Israeli strikes have significantly weakened Iran and its clerical leadership but cannot guarantee regime change in the country without an internal uprising, Prime Minister Benjamin Netanyahu said in his first press briefing since the start of the war.

“We are creating the optimal conditions for a toppling of the regime,” the Israeli leader told reporters via a video conference, adding that forms of aid for the Iranian opposition will include airstrikes such as those carried out by the Israeli Air Force on Basij Force roadblocks and soldiers in Tehran a day earlier.

Iran’s new Supreme Leader Mojtaba Khamenei on Thursday said the Strait of Hormuz would remain closed and be used as a tool to pressure Iran’s enemies, even as he vowed to continue attacks against his country's neighbours in the wider West Asia region.

He also called for the immediate closure of all United States' bases in the region, failing which they would continue to face attacks.

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