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India’s Bajaj Electricals posts Q3 profit drop on shrinking consumer spends

BENGALURU (Reuters) - India's Bajaj Electricals reported its third consecutive drop in quarterly profit on Monday, as high inflation dampened festive spending and rural demand remained subdued.

Dollar hits two-month high as Fed rate cut bets recede

By Rae Wee and Harry Robertson SINGAPORE/LONDON (Reuters) -The dollar rose to a two-month high against its major peers on Monday as traders clawed back bets for aggressive rate cuts by the Federal

India’s Kansai Nerolac posts higher profit for fourth straight quarter

BENGALURU (Reuters) - India's Kansai Nerolac Paints reported a bigger profit for the fourth consecutive quarter on Monday, boosted by strong demand for decorative and industrial coatings. The company,

Snap-E Cabs raises USD 2.5 million, to add 300-400 EVs by FY24

Kolkata, Feb 5 (PTI) Electric vehicle ride-hailing platform Snap-E Cabs on Monday said it has secured USD 2.5 million in a pre-series A...

Govt seeks Parliament approval for Rs 2 lakh crore supplementary grants

New Delhi , February 5 (ANI): The central government on Monday sought approval from Parliament for the second batch of Supplementary Demands for Grants...

Gold slides as US jobs data dampens bets of early rate cut

By Harshit Verma (Reuters) - Gold prices fell on Monday as the U.S. dollar and Treasury yields surged after a robust jobs report crushed expectations of near-term interest rate cuts from the Federal

inDrive bets big on delivery services for small businesses, individuals

Kolkata, Feb 5 (PTI) Global mobility platform inDrive is aiming at high growth from its newly launched delivery service for small businesses and...

Samsung Chairman Lee acquitted in controversial 2015 merger case

Seoul , February 5 (ANI): Samsung Electronics Co. Chairman Lee Jae-yong was on Monday acquitted by a Seoul court, in connection with a case...

MeitY transfers SMART food grain storage system technology to Paras Defense: Paving the way for innovation in digital India

New Delhi , February 5 (ANI): In a move towards fostering innovation and advancing technology, the Ministry of Electronics & IT (MeitY) has successfully...

Uttar Pradesh presents Budget for 2024-25 sized Rs 736,438 crore

Lucknow (Uttar Pradesh) , February 5 (ANI): The Uttar Pradesh government on Monday presented its annual Budget for the financial year 2024-25, billed to...

On Camera

Iran-Israel conflict will now be shaped by 3H—Houthis, Hamas, Hezbollah

Israel's response to Iran's retaliatory attack was relatively small and also downplayed by Tehran. But there are factors that could jeopardise this perceived reprieve.

CBDT signs record 125 Advance Pricing Agreements, 31% more than last year

The 125 APAs include 86 Unilateral APAs (UAPAs) and 39 Bilateral APAs (BAPAs). The total number of APAs since the start of the APA programme has risen to 641, with 506 UAPAs and 135 BAPAs.

Vice Admiral Dinesh Kumar Tripathi to take over as Chief of the Naval Staff

He has been the chief of personnel and the flag officer commanding-in-chief, Western Naval Command, in the rank of vice admiral.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.