Palakkad Timber Sales Division Rewards Top Bidders as Mature Nilambur Teak Supply Grows

February 13, 2026

Palakkad Timber Sales Division Rewards Top Bidders as Mature Nilambur Teak Supply Grows

The Palakkad Timber Sales Division will award Letters of Appreciation to top monthly and yearly bidders to boost timber auction competition. With 60-year-old premium Nilambur teak logs stocked and more expected, demand remains strong nationwide.

HUL Reports 30% Profit Drop, Expects Strong Growth Ahead

February 13, 2026

HUL Reports 30% Profit Drop, Expects Strong Growth Ahead

Hindustan Unilever Limited (HUL) saw a 30% fall in net profit for December quarter due to labour charges. Excluding these, profit grew 1%. The FMCG giant expects better results in the second half of fiscal 2026 on portfolio shifts and rising rural demand.

AI Fears Slam Logistics Stocks; Algorhythm's New Tool Sparks Major Sell-Off

February 13, 2026

AI Fears Slam Logistics Stocks; Algorhythm's New Tool Sparks Major Sell-Off

Shares in trucking and logistics firms fell sharply after Algorhythm Holdings launched a new AI freight tool. The US trucking index dropped 6.6%, with major players like CH Robinson falling 15%. Investors worry AI could cut demand across sectors.

Kochi's ₹90 Cr CBG Plant to Treat 150 Tonnes of Waste Daily, Inaugurated by Kerala CM

February 13, 2026

Kochi's ₹90 Cr CBG Plant to Treat 150 Tonnes of Waste Daily, Inaugurated by Kerala CM

Kochi Corporation, with ₹90 crore from BPCL, launches a compressed biogas plant on Feb 27. It will treat 150 tonnes of waste daily and produce biogas and organic manure.

China Cracks Down on Gold Trading in Shenzhen After Market Chaos

February 13, 2026

China Cracks Down on Gold Trading in Shenzhen After Market Chaos

China's Shenzhen city clamps down on gold trading to stop illegal deals and protect buyers. Ten agencies issued strict rules to avoid scams and false promises after market turmoil rocked gold prices.