Tuesday, January 31, 2023


India’s Vodafone Idea approves debentures worth $195.32 million to ATC Telecom

BENGALURU (Reuters) - Indian telecom operator Vodafone Idea Ltd said on Tuesday it has approved preferential issue of debentures worth up to 16 billion rupees ($195.32 million) to ATC Telecom

Adani rides out storm as investors rally behind $2.5 billion share sale

By Sriram M, Chris Thomas and Aditya Kalra MUMBAI (Reuters) - Gautam Adani's crucial $2.5 billion share sale achieved a full subscription on Tuesday as investors pumped funds into his flagship Adani

Instant View: Adani rides out storm as investors rally behind $2.5 billion share sale

BENGALURU (Reuters) - Gautam Adani's $2.5 billion share sale was fully subscribed on Tuesday as investors pumped funds into his flagship Adani Enterprises Ltd despite a scathing report by a

India’s Carborundum reports Q3 profit surge on abrasives unit boost

BENGALURU (Reuters) - Indian chemical manufacturer Carborundum Universal Ltd reported a 7.4% rise in third-quarter profit on Tuesday due to strength in its abrasives unit. The company's consolidated

Adani Group’s local bonds resist panic sales on Hindenburg’s report

By Siddhi Nayak and Dharamraj Dhutia MUMBAI (Reuters) - Indian conglomerate Adani Group's locally listed bonds have resisted the panic selling in the groups' dollar-denominated debt and domestically

World stocks waver as investors catch central bank jitters

By Nell Mackenzie and Julie Zhu LONDON (Reuters) - World stocks stumbled and bond yields edged lower on Tuesday as hotter than anticipated European inflation numbers jangled investor nerves ahead of a

Dollar bonds of India’s Adani Group continue to trade higher

MUMBAI (Reuters) - Dollar bonds issued by entities of India's Adani Group continued to trade higher on Tuesday after a sharp dive in the past few sessions. The bonds had sold off following a scathing

Oil falls on rate hike worries, Russian export flows

By Rowena Edwards LONDON (Reuters) -Oil prices fell on Tuesday as the prospect of further interest rate increases and ample Russian crude flows outweighed demand recovery expectations from China.

Dollar rises ahead of Fed, but set for fourth monthly drop

By Harry Robertson and Tom Westbrook LONDON/SINGAPORE (Reuters) - The dollar ticked higher on Tuesday ahead of a raft of central bank decisions but remained on track for its fourth consecutive monthly

Gold hits 1-week low on firm dollar as traders eye Fed verdict

By Kavya Guduru (Reuters) - Gold prices fell on Tuesday to their lowest levels in more than one week as the dollar firmed, while investors kept a close watch on the U.S. Federal Reserve's rate-hike

On Camera


Rahul Gandhi in Srinagar, where the Bharat Jodo Yatra has culminated | Rahul Gandhi/Twitter

Bharat Jodo Yatra has worked more for Rahul Gandhi. Congress’ walk...

In such a buzz-creating yatra, not one new Congress leader was born. Pramod Mahajan, M. Venkaiah Naidu, Modi emerged from Advani's and Manohar Joshi’s yatras.
File photo of trade unions protesting the Modi government's labor codes in Bhubaneswar | ANI

Economic Survey says govt’s labour codes ‘in tune with market trends’....

Four labour codes, amalgamating 29 laws, were passed in 2019 & 2020. But central, state govts have yet to notify the laws that will cater to around 40 crore unorganised sector workers.


Representational image | Nuclear submarine INS Chakra | Indian Navy

Budget 2023: Defence eyes big boost for more firepower, submarines, drones

Private sector is also hoping for a high budgetary allocation for defence capital expenditure since it will translate into more acquisition programmes fructifying.

Return of the Muslim: From Modi ‘sermon’ to Pathaan to Bharat...

Most key Hindutva/RSS objectives have been achieved, and Modi & BJP now need social calm, at least till summer of 2024. A de-escalation of some sort is on.