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India’s Jindal Steel’s Q4 profit down 70% as prices fall, expenses rise

BENGALURU (Reuters) - Jindal Steel and Power Ltd reported a 69.5% fall in quarterly profit on Tuesday, hurt by lower steel prices and higher costs of raw materials like iron. India's steel industry,

Dollar edges lower after US retail sales data

NEW YORK (Reuters) - The U.S. dollar slipped on Tuesday after data showed retail sales in April came in lower than expected, backing expectations that the Federal Reserve will pause raising rates next

SGX Nifty to discontinue from July 3, shift to India’s GIFT City: NSE

(Reuters) - SGX Nifty, a derivative of India's National Stock Exchange's (NSE) Nifty index, will be discontinued on the Singapore Stock Exchange and all orders will be transferred to an NSE subsidiary

India’s JK Paper posts profit rises on strong demand

BENGALURU (Reuters) - India's JK Paper Ltd reported a roughly 65% rise in fourth-quarter profit on Tuesday, helped by higher prices for its papers and packaging boards and as some input costs eased.

Shares flatline as debt limit talks keep investors on edge

By Amanda Cooper LONDON (Reuters) -Global shares held steady on Tuesday, while the dollar eased back from five-week highs ahead of another round of talks among U.S. lawmakers to resolve the deadlock

India’s Redington posts record Q4 revenue on strong demand for laptops, phones

CHENNAI (Reuters) - Indian IT products distributor Redington Ltd reported a 26% increase in quarterly revenue on Tuesday, boosted by demand for laptops and mobile phones, and as government departments

Dollar hovers shy of five-week top, pound swings after jobs data

By Alun John and Kevin Buckland LONDON/TOKYO (Reuters) - The dollar on Tuesday sat just below the previous day's five-week high, while the pound dropped sharply then recovered after a rise in

Oil steadies as IEA turns more bullish on oil demand

By Ahmad Ghaddar LONDON (Reuters) -Oil futures steadied on Tuesday as support from a higher global demand forecast from the International Energy Agency (IEA) was countered by weaker than expected

Indian Oil posts first profit increase in five quarters as crude prices cool

BENGALURU (Reuters) -Indian Oil Corp Ltd (IOC), the country's top refiner, reported its first rise in profit in five quarters on Tuesday, as cooling crude prices bolstered its refining margins,

Gold slips as investors brace for US debt-limit talks

By Kavya Guduru (Reuters) - Gold prices dropped on Tuesday after U.S. central bank officials indicated they expect interest rates to stay high, while investors looked ahead to a key meeting for the

On Camera

A crush doesn’t have to be lonely. Stalk insta stories, like your way into DMs

It makes total sense to act unhinged when you’re hit by a flash-in-the-pan crush. It’s when you replenish your playlist with sappy songs, click new thirst traps and parrot his name everywhere.

Govt has reduced time taken to finalise GDP data by an entire year. Here’s inside story of how

This year, govt announced that 2nd and not 3rd revised estimates would be final. Here’s inside story on how this was achieved without compromising on quality of data.

17 students graduate from Air Force Test Pilots School in Bengaluru

17 Students graduate from 46th Flight Test Course of Air Force Test Pilots School.

Abki baar 90 paar for Congress? Why even 30 more seats will ruffle BJP

Discussion about outcome of Lok Sabha polls continues to boil in cauldron of expectations only from BJP. Now reverse this equation, what if we asked about the performance of the 'loser'?