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Economy

Tamilnad Mercantile Bank’s Q3 net profit remains flat at Rs 284 cr

Mumbai, Jan 22 (PTI) Private sector lender Tamilnad Mercantile Bank's net profit remained flat at Rs 284 crore in the December quarter despite...

Dollar takes breather, BOJ and ECB meets top of mind

By Vidya Ranganathan and Alun John SINGAPORE/LONDON (Reuters) -Global currencies steadied on Monday as looming central bank decisions in Japan and Europe and vacillating market expectations for U.S.

Oil creeps higher as geopolitics outweigh demand concerns

By Natalie Grover LONDON (Reuters) -Oil prices edged higher on Monday as traders weighed the impact of wars in the Middle East and Ukraine on oil supply against economic headwinds pressuring global

Colgate-Palmolive India posts Q3 profit jump on lower expenses, urban demand

BENGALURU (Reuters) - Colgate-Palmolive (India) reported a 35.7% jump in third-quarter profit on Monday, aided by healthy urban demand and a fall in expenses. Net profit rose to 3.30 billion rupees (

Sony scraps $10 billion India merger talks with Zee Entertainment

NEW DELHI (Reuters) - After two years of negotiations, Japan's Sony on Monday terminated a $10 billion merger of their India operations with Zee Entertainment. Here is a timeline of some key moments

Gold prices drop as US rate-cut hopes fade

By Anjana Anil (Reuters) - Gold prices declined on Monday, as hopes of a March interest rate cut by the Federal Reserve faded, while traders awaited key U.S. economic data and major central bank

India’s Coforge Q3 profit rises on deal wins, maintains FY revenue forecast

BENGALURU (Reuters) - Indian IT services company Coforge reported a 4.3% increase in third-quarter profit, aided by deal wins in a challenging macroeconomic environment, and reiterated its revenue

Tesla price cuts, delivery plan and CEO pay in focus ahead of results

By Akash Sriram (Reuters) - Tesla's profitability and deliveries will be on top of investors' minds when the world's most valuable automaker reports results on Wednesday, days after sharp price cuts

World stocks extend rally, central banks seen on hold

By Nell Mackenzie and Wayne Cole LONDON/SYDNEY (Reuters) - European equities jumped on Monday, following fresh highs in Japanese stock markets and Friday's record close in the Nasdaq, ahead of a week

Jindal Stainless elevates Tarun Khulbe as CEO

New Delhi, Jan 22 (PTI) Jindal Stainless Ltd on Monday said it has elevated Whole Time Director Tarun Khulbe as Chief Executive Officer...

On Camera

Modi’s speech rightly questions politics of appeasement. Wrongly targets all Muslims

The PM did make a valid point when he criticised the Congress for categorising the entire Muslim community in Karnataka under the Other Backward Classes. It is pure appeasement of Ashraaf Muslims and discriminates against Pasmandas.

Foreign policy resonating among more Indians in 2nd & 3rd tier towns of India, says EAM Jaishankar

Speaking at launch of economist Surjit Bhalla’s book, S Jaishankar also highlights Gen Z’s engagement with ‘reel culture’, which has 'promoted awareness, created interest in many subjects'.

Germany removes restrictions, India can now buy small arms from its firms

Germany’s erstwhile Christian Democratic Union govt, led by Angela Merkel, prevented sale of small arms to police forces in states they perceived had ‘bad human rights record’.

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.