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Friday, October 11, 2024
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Gold falls as dollar holds ground, traders eye U.S. data

By Arundhati Sarkar (Reuters) - Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter

India’s Blue Dart Express Q3 profit falls on higher expenses

BENGALURU (Reuters) - Indian courier services provider Blue Dart Express reported a 28.2% fall in quarterly profit on Wednesday, as high fuel costs hit margins, while demand also slowed. Net profit

Oil steadies as U.S. inventory rise counters China demand hopes

By Alex Lawler LONDON (Reuters) -Oil steadied on Wednesday after a decline in the previous session, as a rise in U.S. crude inventories and global recession worries countered optimism for a demand

Stocks pause near five-month peaks on note of caution

By Dhara Ranasinghe LONDON (Reuters) -World stocks paused near five-month highs on Wednesday, as signs that central banks might need to keep hiking interest rates for longer dampened a recent wave of

Gold slides as dollar steadies, traders eye U.S. data

By Arundhati Sarkar (Reuters) - Gold prices slipped on Wednesday from a nine-month peak hit in the previous session as the dollar steadied and investors squared positions ahead of U.S. fourth-quarter

India’s Dr Reddy’s Labs beats Q3 profit view on upbeat North America business

BENGALURU (Reuters) - Generic drugmaker Dr Reddy's Laboratories Ltd reported a bigger-than-expected 77% jump in third-quarter profit on Wednesday, driven by strong demand for the generic version of a

India’s DLF posts rise in Q3 profit on reduced costs and stable demand

BENGALURU (Reuters) - Indian real estate developer DLF Ltd reported a nearly 37% rise in quarterly profit on Wednesday, helped by a fall in expenses and rising demand for various housing projects. New

India’s first green bond issue pulls local bidders, foreigners aloof – traders

By Dharamraj Dhutia MUMBAI (Reuters) -India's first sovereign green bond issue was mostly subscribed by local banks and insurance companies, with limited interest from foreign investors, market

India’s TeamLease posts Q3 profit drop as revenue growth slows, costs rise

BENGALURU (Reuters) - Indian staffing firm TeamLease Services Ltd on Wednesday reported a drop in quarterly profit hurt by slowing revenue growth and higher expenses. The Bengaluru-based company said

India’s Cipla misses Q3 profit estimates on muted domestic sales

BENGALURU (Reuters) - Indian drugmaker Cipla Ltd reported a smaller-than-expected rise in third-quarter profit on Wednesday, as muted sales in the domestic market offset strong demand in the North

On Camera

A frosty start featuring ‘ULFA tapes’, thawed by a love of dogs. My conversations with Ratan Tata

Besides politics, his frustrations with business environment & inspirational ideas ranging from entrepreneurship to technology, aviation, philanthropy, we discovered a common passion: dogs

RBI’s policy-setting body keeps rates unchanged for 10th straight time, changes stance to ‘neutral’

Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.

Amid concerns about use of Chinese parts in drones, Army general urges industry to be transparent

Maj Gen CS Mann, ADG, Army Design Bureau, cites national security concerns. This comes after intelligence agencies flagged use of Chinese components in drones purchased by armed forces.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?