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India’s Eicher Motors beats Q4 profit view as demand for two-wheelers spike

BENGALURU (Reuters) - India's Eicher Motors, the maker of Royal Enfield motorcycles, posted a bigger-than-expected 48% jump in fourth-quarter profit on Thursday, helped by higher sales as demand for

Three Adani firms weigh raising up to $5 billion – Bloomberg News

BENGALURU (Reuters) - Three Adani Group firms are considering raising up to $5 billion, Bloomberg News said on Thursday, months after a mega $2.5 billion share sale by the Indian group's flagship firm

Oil prices turn negative in U.S. trading amid debt talks

By Shadia Nasralla LONDON (Reuters) -Oil prices erased earlier gains on Thursday during U.S. trading hours as a political standoff about the U.S. debt ceiling overshadowed a G7 finance leaders'

Sterling trims drop after BoE hike, China’s data sends dollar higher

By Joice Alves LONDON (Reuters) - Sterling trimmed declines after the Bank of England raised interest rates for the 12th consecutive time, while the safe-haven dollar rose on Thursday as more evidence

Indian rupee holds near 2-week lows on strengthening US dollar

By Sethuraman N R MUMBAI (Reuters) - The Indian rupee weakened on Thursday, closer to the near two-week lows hit earlier this week, weighed by broad strength in the dollar index. The rupee closed at

European stocks and dollar rebound after China deflation jolt

By Marc Jones LONDON (Reuters) - Europe's stock markets, the dollar and oil all had a spring back in their step on Thursday as a deflationary jolt from China made way for broader optimism ahead of

Gold dips on stronger dollar as markets assess CPI data

By Arundhati Sarkar (Reuters) - Gold prices extended losses to a second session on Thursday as the dollar advanced, while markets assessed U.S. inflation data to gauge the Federal Reserve's next

China’s slowing inflation sends dollar higher, UK rate in focus

By Kevin Buckland and Joice Alves TOKYO/LONDON (Reuters) - The dollar rose on Thursday as the Chinese yuan dipped to a two-month low after more evidence of weakness in China's post-COVID recovery

India’s Go First will need to raise funds, resolution professional tells staff – source

NEW DELHI (Reuters) - Go Airlines (India) will need to raise funds to revive the bankrupt company amid plans to keep it as a going concern, the recently appointed resolution professional informed

India’s SpiceJet says no plans to file for insolvency

BENGALURU (Reuters) - Indian low-cost carrier SpiceJet Ltd said on Thursday it had no plans to file for insolvency. (Reporting by Nandan Mandayam in Bengaluru; Editing by Sohini Goswami)

On Camera

Punjab to Andhra to Telangana—state govts’ spending on freebies harming India’s growth story

It’s unfortunate that the increase in the overall debt due to irresponsible freebies is causing the downgrade in ratings by international agencies.

Indian airports currently lag behind global ones in a key revenue stream, but change is in the air

India’s major airports earned average of $4.3/customer in 2023-24 from non-aeronautical sources, much lesser than $7.2-15.9 of global ones, according to rating agency ICRA.

Indian Coast Guard conducts pollution response seminar and mock drill in West Bengal

The event was organized by the ICG at its headquarters coast guard district.

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'?