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Balu Forge Industries Ltd. Announces Q1FY26 Financial Results

Balu Forge Industries Ltd. (the "Company" or "BFIL") (BSE: 531112 | NSE: BALUFORGE), a leading precision engineering and manufacturing company, has announced its unaudited consolidated financial results for the quarter ending 30th June 2025. Consolidated Financial Performance for Q1 FY26: Rs. Mn Q1 FY26 Q1 FY25 Y-o-Y (%) Q4 FY25 Q-o-Q (%) Revenue from Operations 2,332 1,753 33.0% 2,696 -13.5% Gross Profit 891 594 50.1% 954 -6.6% Gross Margin% 38.2% 33.9% 436 bps 35.4% 284 bps EBITDA 723 432 67.3% 750 -3.6% EBITDA Margin% 31.0% 24.6% 635 bps 27.8% 319 bps PAT 570 342 66.9% 627 -9.0% PAT Margin% 24.3%…
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India Steps into the Global Wrestling Arena – The Global League Wrestling Launches 17 September 2025

India Steps into the Global Wrestling Arena – The Global League Wrestling Launches 17 September 2025

For years, India has cheered from the sidelines as global wrestling spectacles captured imaginations worldwide. Now, it's our turn. This September, the spotlight swings to India - not as a spectator, but as a creator, leader, and game-changer. Adi Groupe Collaborates with Prasar Bharti for GLW AdiGroupe and its sports innovation arm AEx SPORT, in association with Prasar Bharati, proudly announce the launch of Global League Wrestling (GLW) - the nation's first global-format professional wrestling league, conceived in India and designed for audiences across the world. This is more than sport. It's a national moment. Launching on 17th September 2025…
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India’s First AI-driven Marketplace, Scrapcart Sets Out to Transform India’s USD 18 Bn Waste Economy

India’s First AI-driven Marketplace, Scrapcart Sets Out to Transform India’s USD 18 Bn Waste Economy

Scrapcart has entered the fray to streamline that process, and empower industries, MNCs, SMEs, and recyclers to responsibly dispose of their waste while unlocking timely value from scrap through smart technology. Scrapcart is India's first AI-powered marketplace for industrial scrap trade, and runs on the principles of price transparency, easy documentation, assured material quantity and quality, and strong ESG compliances. The cutting-edge platform offers real-time bidding for scrap, made reliable through digital audits, secure and timely payments, and seamless transactions. Mr. Vineet Relia, Founder, Scrapcart "The Indian scrap ecosystem is vast, yet under-digitised. At Scrapcart, we are building a scalable…
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Alberta Agriculture Hit Hard as China Imposes New Tariffs on Canola Imports

Alberta Agriculture Hit Hard as China Imposes New Tariffs on Canola Imports

Edmonton (Rajeev Sharma): Alberta’s agriculture sector faces fresh uncertainty after China announced preliminary anti-dumping duties of 75.8% on additional Canadian canola products. The new measure, which comes on top of existing 100% tariffs on canola oil, canola oil cake, and peas, could severely restrict one of the province’s most important export markets. In a statement responding to the move, Alberta Agriculture Minister Sigurdson warned that the decision could effectively push local producers out of China — a market worth $2.4 billion in 2024, with canola, peas, and pork accounting for $1.7 billion of that trade. Nearly 70% of Alberta’s canola…
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AAP MLA Rajinder Pal Kaur Chhina Injured in Highway Accident

AAP MLA Rajinder Pal Kaur Chhina Injured in Highway Accident

Ludhiana (Gurpreet Singh): Rajinder Pal Kaur Chhina, the Aam Aadmi Party MLA representing Ludhiana South, was injured in a road accident while returning from Delhi. The mishap took place near the Khanauri border when her Innova car rammed into a divider. Her security gunman, who was traveling with her, also sustained injuries. The sudden impact left both requiring immediate medical attention. Local residents and passersby rushed to assist, and emergency services transported the injured to a hospital. After preliminary treatment, doctors referred Chhina to a Ludhiana medical facility due to severe facial injuries. Sources say her condition remains critical, while…
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Dausa Accident Claims 11 Lives, Including Children and Women

Dausa Accident Claims 11 Lives, Including Children and Women

Dausa, Rajasthan (National Times): In a devastating road accident on Wednesday morning, eleven people from Uttar Pradesh’s Etah district were killed when their pickup vehicle collided with a container truck near Bapi village in Rajasthan’s Dausa district. The victims, which included seven children and three women, were returning home after a pilgrimage to the Khatu Shyam Ji temple. Police reports indicate the collision occurred around dawn, and the force of the impact left the vehicle badly mangled. Six other passengers sustained serious injuries and were admitted to the district hospital in Dausa for urgent treatment. Emergency medical teams were quickly…
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Pakistan PM Shehbaz Sharif Issues Fresh Warning to India Over Indus Waters Treaty Suspension

Pakistan PM Shehbaz Sharif Issues Fresh Warning to India Over Indus Waters Treaty Suspension

Islamabad (National Times): Islamabad has once again escalated its rhetoric against New Delhi, with Prime Minister Shehbaz Sharif warning that Pakistan will not allow India to take away “even a single drop” of its share of water under the Indus Waters Treaty (IWT). Speaking at a ceremony in Islamabad on Tuesday, Sharif said, “I want to send a message to the enemy—if you try to stop our water, remember this: you will never be able to take even one drop from Pakistan.” He further warned that any such attempt would invite a strong response, claiming India would be “taught such…
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Canada PM Mark Carney Condemns Islamophobic Attack on Muslim Woman in Ottawa

Canada PM Mark Carney Condemns Islamophobic Attack on Muslim Woman in Ottawa

OTTAWA (Rajeev Sharma): Canadian Prime Minister Mark Carney has strongly denounced a violent assault against a young Muslim woman in Ottawa, calling the incident “reprehensible” and urging swift accountability for the perpetrator. The attack took place on August 11 aboard an OC Transpo bus traveling to Kanata’s Morgan’s Grant area. According to reports, a man boarded the bus, whispered an Islamophobic slur to the hijabi passenger, and then slapped her without provocation. He allegedly went on to threaten that he would smash her face against the window and kill her before exiting at Penfield Drive in Kanata. In a statement,…
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Celebrate Local Food Week and Open Farm Days: Support Alberta’s Food Producers

Celebrate Local Food Week and Open Farm Days: Support Alberta’s Food Producers

Calgary (Rajeev Sharma): This August, Albertans have a unique opportunity to connect with the province’s rich agricultural heritage during Local Food Week and Open Farm Days. Farms, ranches, and agri-tourism operators across Alberta are opening their doors to offer educational and hands-on experiences that highlight where our food comes from and how it’s grown. Alberta has long been recognized globally for producing premium-quality food with strict standards in food safety, animal welfare, biosecurity, and environmental care. Open Farm Days shines a spotlight on the hardworking farmers, ranchers, and food processors who feed not only Albertans but Canadians and people around…
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PM Mark Carney Holds Crucial Talks with Ukrainian President Zelenskyy on Peace and Security

PM Mark Carney Holds Crucial Talks with Ukrainian President Zelenskyy on Peace and Security

Ottawa (Rajeev Sharma): In a significant diplomatic engagement today, Prime Minister Mark Carney spoke with Ukraine’s President Volodymyr Zelenskyy, reaffirming their shared commitment to ending Russia’s ongoing war of aggression and securing a just and lasting peace for Ukraine. During the conversation, both leaders emphasized the critical importance of restoring peace and upholding Ukraine’s sovereignty and territorial integrity. They welcomed the leadership role played by former U.S. President Donald Trump and the United States in advancing peace negotiations, highlighting recent joint statements from European leaders supporting these efforts. Prime Minister Carney and President Zelenskyy agreed that the future of Ukraine…
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