FINWIRES · TerminalLIVE
FINWIRES

India's Core Industries Grow 5% in June

By

India's combined Index of Core Industries (ICI) provisionally grew by 5% year over year in June, according to data released Monday.

The Department for Promotion of Industry and Internal Trade released the revised series of ICI with base year 2022 to 2023, which will now include iron ore to have nine industries, to replace the existing series of ICI with base year 2011 to 2012.

Iron ore, electricity, cement, steel, and coal saw a growth rate of 43.9%, 9.8%, 9.8%, 4.6%, and 1.4%, respectively, year over year.

On the other hand, natural gas, crude oil, refinery products, and fertilizers saw negative growth in the month.

Related Articles

International

South Korea Unveils Roadmap to Make Won Freely Exchangeable Globally

The South Korean government on Sunday unveiled the won internationalization roadmap designed to transition the won from a heavily regulated asset into a freely convertible currency.The plan includes building infrastructure for around-the-clock, location-free trading, according to a statement by the finance ministry on Monday.Authorities also pledged to maintain balanced risk management measures alongside the gradual push for internationalization.The joint effort involves the Ministry of Economy and Finance, the Financial Services Commission, the Bank of Korea, the Financial Supervisory Service, and the Korea Securities Depository.

KOSPI
International

Samsung Group Brand Value Hits $97.4 Billion, Ranks Eighth Globally

The brand value of Samsung Group, the parent group of Samsung Electronics (KRX:005930) and Samsung Biologics (KRX:207940), jumped 8.9% to $97.4 billion in 2026 from $89.4 billion in 2025, British consulting firm Brand Finance said in a Sunday report.The group ranked eighth in Brand Finance's ranking of top 100 tech companies globally.SK Hynix (KRX:000660) rose one place to 28th, LG Corp (KRX:003550) slipped eight spots to 44th, Coupang slipped one position to 49th, and Naver (KRX:035420) moved up five places to 95th, according to the report.Shares of Samsung Electronics fell more than 4%, while Samsung Biologics declined 3%. Shares of SK Hynix declined more than 4%, and those of Naver fell nearly 3%.

KRX:000660KRX:005930KRX:035420KRX:207940
International

China Holds Benchmark Lending Rates Steady for 14th Straight Month

The People's Bank of China (PBOC) left its benchmark lending rates unchanged for the 14th consecutive month at its monthly fixing on Monday.This decision matched the consensus forecast tracked by Investing.com.The one-year loan prime rate (LPR), which serves as the benchmark for most corporate and household loans, was held at 3.00%.Meanwhile, the five-year LPR, the reference rate for residential mortgages, was maintained at 3.50%.

Shanghai Composite^SZSE