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Gillette India’s Q3 profit jumps 48% on lower tax expenses, premium products

(Reuters) - Gillette India Ltd, known for its shaving razors, posted a more than 48% jump in third-quarter profit on Thursday, helped by lower income tax expenses and the introduction of more premium

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

On Camera

Haryana results can be a template for Rahul Gandhi to build New Congress

Deepender, Manish, Gaurav, Geniben, and Varsha and Vishal—the emergence of doughty fighters in the 2024 polls has created an opportunity for Rahul Gandhi to start afresh and rebuild the Congress by putting in the front the leaders who have shown how to fight the BJP.

Cash-strapped Karnataka hikes fuel tax by Rs 3/l, could earn Rs 2,500-3,000 cr more per yr

Move to bring down differences in commodity prices with neighbouring states, says government. Oppn, dealers blame it on welfare, Congress's guarantees.

With an eye on China, IAF expands taxi track at Leh airport, new shelters being built

Expanded taxi track is smaller than those meant for civilian operations, but is long enough for fighters & military transport aircraft to operate.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.