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Oil prices edge lower amid more supply concerns

OIL PRICES EDGED lower on Friday but remained on course for a fourth consecutive week of gains, as the latest U.S. sanctions on Russian energy trade added to worries about oil supply disruptions.

Infosys shares fall 6% on soft fourth quarter outlook

SHARES OF INFOSYS closed 5.77% lower at ₹1,815.10 on Friday, reflecting a sharp decline in its American Depository Receipts (ADRs) listed on the New York Stock Exchange.

Foreign flows into India bonds to fall short on rupee slump, US yields surge

FOREIGN INFLOWS THAT were expected into Indian government bonds over the next two-and-a-half months will fall short of expectations, stymied by a currency that is repeatedly hitting lifetime lows and Treasury yields that are hovering at multi-month highs, investors said.

Crude import bill rises 4% in April-December

INDIA'S CRUDE IMPORT bill increased 3.7% during the first nine months of the current fiscal 2024-25 to $102.5 billion against $98.8 billion in the same period in FY24, data from the Petroleum Planning and Analysis Cell showed.

Unhappy new year for investors so far

INVESTORS LOST a record ₹13.3 lakh crore in the first fortnight of the current calendar year—the highest-ever in absolute terms.

RIL's O2C segment set to bounce back in FY26

REFINING BOOST FOR SEGMENT GROWTH SEEN: ANALYSTS

IMF, World Bank Peg India's FY25 Growth at 6.5%

The International Monetary Fund (IMF) has retained India's GDP growth forecast to 6.5% for the current financial year, which is \"in line with potential\".

US Supreme Court upholds law that would ban TikTok

The justices ruled that the law did not violate USConstitution's First Amendment protection against government abridgment of free speech

EV industry needs better cost structure

After being in a near-monopolistic position in the EV space for a few years, Tata Motors is set to face heavy competition in 2025 with rivals like Maruti Suzuki, Hyundai, M&M and JSW MG Motor gearing up with launches.

Sisodia flags shoes, saris by BJP's Verma, says EC turning blind eye

SENIOR AAP LEADER and former Delhi deputy chief minister Manish Sisodia has alleged that the Election Commission is turning a blind eye to poll code violations ahead of the Assembly elections in Delhi early next month.

Zomato invests ₹500 cr more in Blinkit for expansion

ZOMATO HAS INVESTED an additional ₹500 crore in its quick commerce arm Blinkit, according to regulatory filings with the Registrar of Companies (ROC).

Indian carmakers ready to take on Tesla: Jindal

HOWEVER, THE GUIDELINES are still to be finalised and Tesla is also yet to respond in the affirmative.

Rupee depreciation hurting pharma sector as input costs rise

THE DEPRECIATING RUPEE is taking a toll on the pharma sector with an expected rise in the cost of imported raw materials.

Hyundai Rolls Out Mass-Market EV

HYUNDAI MOTOR INDIA, the country's second-largest carmaker, launched the Creta Electric on Friday at the Bharat Mobility Show at introductory prices at ₹17.99 lakh, ex-showroom, for the 42 kWh battery variant.

Closely monitoring prices, says govt

Inflation in negative zone since July last year

From mud to the mat

The Kho Kho Federation is sparing no effort to put the sport on the map

Axis Bank's net profit rises 4% to ₹6,304 crore

AXIS BANK ON Thursday reported a smaller-than-expected rise in its quarterly profit as the loan growth slowed and it set aside more funds against potential bad loans.

In farewell speech, Biden warns against growing oligarchy in US

Presidents who did not recontest IN JULY 2024, Joe Biden announced that he would not be seeking a second term. However, he is not the only incumbent president who decided not to run for a second term.

NCLAT to decide on Meta plea next week

THE NATIONAL COMPANY Law Appellate Tribunal (NCLAT) has admitted Meta's plea challenging a ₹213.14 crore penalty imposed by the Competition Commission of India (CCI) for alleged abuse of market dominance.

Agri & processed food exports grow over 11% to $17.77 bn

INDIA'S EXPORTS OF agricultural and processed food products rose by more than 11% year-on-year to $17.77 billion during April-December of the current financial year, after the government removed most of the restrictions on rice shipments.

Spencer's Retail forays into q-comm with JIFFY

In Q3FY25, firm narrowed its net loss to ₹47.34 cr

Barclays in the fray to take over Apple's credit card business

APPLE IS in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

Jio profit jumps 4.9% to ₹6,861 cr, Arpu at ₹203

DRIVEN BY TARIFF HIKES; REVENUE UP 4.3% TO ₹33,074 CR

8th Pay Commission to be formed, 11.5 mn to benefit

CONSUMPTION BOOSTER TO TAKE EFFECT FROM FY27

With VRR window open, bond buyback sees limited success

THE RESERVE BANK of India on Thursday conducted a buyback auction of government securities worth ₹30,000 crore and repurchased only ₹9,892 crore of bonds, as banks were unwilling to sell G-Secs at a loss, said traders.

Reliance Retail profit surges 10% in Q3 on festive rush

RELIANCE RETAIL VENTURES (RRVL), the retail arm of Reliance Industries (RIL), reported a 10% year-on-year growth in net profit to ₹3,458 crore for the three months ended December 31, 2024 (Q3FY25), as demand soared in a quarter that aligns with India's festive and wedding season.

Delivery dilemma

Why criticism against q-comm practices is growing

Adani Group Stocks Rally as Hindenburg Shuts Shop

ADANI GROUP STOCKS rallied on Thursday after Hindenburg Research, which made international waves with campaigns targeting billionaire Gautam Adani that wiped billions from the market value of his group companies, founder Nate Anderson announced its shutdown.

Amazon to acquire BNPL startup Axio

E-COMMERCE GIANT AMAZON is set to acquire Indian startup Axio, an online lending platform offering point-of-sale financing.

A first: Isro docks 2 satellites in space

IN A MAJOR boost to India's ambitious future space missions, ISRO on Thursday successfully performed the docking of satellites as part of the Space Docking Experiment (SpaDeX) and announced that post-docking, control of two satellites as a single object was also achieved.