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Stocks slide on Chinese data, US debt ceiling worries hit T-bills

By Herbert Lash and Alun John NEW YORK/LONDON (Reuters) - A gauge of global equities fell on Tuesday after weak Chinese trade data sparked concerns about China's domestic demand recovery, while the

India’s Apollo Tyres beats Q4 profit view on lower rubber costs, strong demand

BENGALURU (Reuters) - Indian tyre maker Apollo Tyres Ltd. reported a nearly four-fold rise in fourth-quarter profit on Tuesday, beating estimates, aided by lower rubber costs and strong domestic auto

Castrol India posts 11.3% fall in Q1 profit on rising input costs

BENGALURU (Reuters) - Engine oil maker Castrol India Ltd reported an 11.3% fall in first-quarter profit on Tuesday as rising raw material costs offset the growth in revenue. Profit after tax fell to

Chinese data, U.S. debt ceiling worries push stocks down

By Kevin Buckland and Alun John LONDON (Reuters) - Share markets dipped on Tuesday as traders were kept on edge by weak Chinese trade data and the impasse over the U.S. debt ceiling, which also caused

India’s SRF posts 7% fall in Q4 profit on packaging margin hit

BENGALURU (Reuters) - Indian chemicals and polymers maker SRF Ltd on Tuesday reported a 7.3% fall in fourth-quarter profit, hit by significant pressure on the margins of its packaging film business.

Chinese data, U.S. debt ceiling worries send shares lower

By Kevin Buckland and Alun John LONDON (Reuters) - Share markets dipped on Tuesday as traders were kept on edge by weak Chinese trade data and the impasse over the U.S. debt ceiling, which also caused

Dollar edges up as market looks to U.S. debt ceiling talks, inflation data

By Iain Withers LONDON (Reuters) - The dollar edged up against major currencies on Tuesday as traders awaited clarity on U.S. debt ceiling talks and new inflation data for a clearer picture of the

Asian stocks edge lower amid gloomy China data as US CPI looms

By Kevin Buckland TOKYO (Reuters) - Asian stocks eased back from more than two-week highs on Tuesday as traders squared positions heading into a key U.S. inflation report, while gloomy Chinese trade

Dollar edges up on credit report, sterling hovers near one-year high

By Rae Wee SINGAPORE (Reuters) - The dollar crept higher on Tuesday after a survey showed U.S. credit conditions were less gloomy than expected, while the pound flirted with a one-year peak on

Dollar rises slightly, sterling hovers near one-year high

By Rae Wee SINGAPORE (Reuters) - The dollar inched higher on Tuesday after a loans survey showed U.S. credit conditions were less gloomy than expected, while the pound flirted with a one-year peak on

On Camera

Indians are musically poor. We aren’t a good market for cutting-edge international bands

Coldplay is an exception. Our taste in western music is orthodox, throwback, out-of-date. When Nirvana, Blur were big, we were still playing Pink Floyd, Queens.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

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?