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Economy

India’s Apollo Tyres misses profit view on higher rubber costs

(Reuters) - India's Apollo Tyres reported a smaller-than-expected third-quarter profit on Thursday, as high rubber costs cut into the impact of healthy tyre demand. Consolidated net profit fell 32% to

European shares climb to record high ahead of BoE rate cut

By Marc Jones LONDON (Reuters) - European shares hit a record high, gold was near one of its own all-time peaks and bond markets were back under pressure on Thursday as traders turned their focus back

Japan seeks steel import tariff exemption from India, documents show

By Neha Arora NEW DELHI (Reuters) - Japan has called on India to exempt it from any temporary tax aimed at curbing rising steel imports, according to a source and documents, arguing the move would

India’s Bharti Airtel posts higher quarterly profit on tariff hikes, one-time gain

(Reuters) - Indian telecom operator Bharti Airtel reported a higher quarterly profit on Thursday, as last year's tariff hikes continued to uplift its per-user revenue and helped by a one-time gain.

Siddaramaiah govt has a new plan to shore up revenues in cash-strapped Karnataka—boosting liquor sales

With nearly Rs 60,000 crore tied up in bankrolling its 5 guarantees, Karnataka is exploring every possible lead to bring in some much-needed cash inflows.

Sensex, Nifty closed in red; investors waiting for RBI decision on rate cut says experts

Mumbai (Maharashtra) , February 6 (ANI): The Indian stock market closed in negative territory on Tuesday, with the Sensex declining by 213.12 points to...

SBI reports 84% jump in net profit for Q3FY25, strong credit growth and improved asset quality

New Delhi , February 6 (ANI): The State Bank of India (SBI) has reported a significant 84.32 per cent year-on-year (YoY) growth in net...

RBI to look for additional measures other than rate cut to infuse enough liquidity: Emkay Research

New Delhi , February 6 (ANI): The Reserve Bank of India (RBI) will have to look for additional measures other than a rate cut...

Oil firms slightly as Trump policies continue to drag on prices

LONDON (Reuters) -Oil prices edged up on Thursday after Saudi Arabia's state oil company raised its March crude prices sharply, but the gains barely dented the previous day's slide in benchmark Brent

IHH Healthcare’s unit seeks up to $1.25 billion from Japan’s Daiichi over Fortis deal

(Reuters) - Malaysia's IHH Healthcare said on Thursday its unit is seeking compensation of up to 109.3 billion rupees ($1.25 billion) from Japan's Daiichi Sankyo for its stake buy in India's Fortis

On Camera

Climate finance gap is widening. Rich nations still see it as charity 

Developed countries should take responsibility for their climate emissions. Instead, the instinct has been familiar: Protect your own first. This is now shaping the climate finance debate.

Vehicles, TVs, mobile phones—PM EAC report shows rural India is catching up with urban consumers

Rural ownership of motor vehicles jumped from 19 percent in 2011-2012 to 59 percent in 2023-2024, while urban rose from 40 percent to 68 percent during the same time period, study by two members of PM-EAC says.

General secrets from frozen peaks: A Kargil veteran reveals what politically correct writers left out

At the Jindal Literature Festival, Maj Gen (Retd) Lakhwinder Singh reveals secrets from 25 years ago, speaking about the decision that outwitted Musharraf and changed the course of the war. 

A tribute to Tejas. India’s delay culture is the real enemy in the skies

It is a brilliant, reasonably priced, and mostly homemade aircraft with a stellar safety record; only two crashes in 24 years since its first flight. But its crash is a moment of introspection.