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Here are the top stories to start your day.
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⭐ Campus Activewear to expand capacity
Sports footwear maker has acquired a land parcel in Himachal Pradesh for ₹16.7 crore. The company acquired this land from FMCG major Marico. The deal will help Campus Activewear expand its capacity for manufacturing semi-finished goods and assembling footwear.
⭐ US inflation eases further
Retail inflation in the US eased to 5% in March 2023. The inflation rate was the lowest since May 2021 and below the market forecast of 5.2%. Food and energy prices eased during the period.
⭐ India becomes a hub for mobile exports
Mobile phone exports from India have doubled, surpassing ₹90,000 crore in FY23, according to the industry body India Cellular and Electronics Association (ICEA). As per reports, iPhone maker Apple accounting for around half of the total exports.
Global markets (at 8:30 AM today)
| Indices | Today's movement |
| SGX Nifty | ▼ 0.04% |
| Nikkei 225 (Japan) | ▲ 0.09% |
| Hang Seng (Hong Kong) | ▼ 0.25% |
| SSE Composite (China) | ▼ 0.09% |
| Dow Jones (US) (April 12) | ▼ 0.11% |
| NYSE (US) (April 12) | ▼ 0.13% |
| Nasdaq (US) (April 12) | ▼ 0.85% |
| S&P 500 (US) (April 12) | ▼ 0.41% |
Fact of the day
NSE Indices, a subsidiary of the National Stock Exchange (NSE), has launched India’s first REITs & InvITs Index
Source: Live Mint
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