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India nears sale of $450 mn Russia-backed BrahMos missiles to Indonesia

The sale of the BrahMos cruise missiles is expected to be announced as early as this week when Indonesian President Prabowo Subianto officially visits India

India nears sale of $450 mn Russia-backed BrahMos missiles to Indonesia
Updated On : 22 Jan 2025 | 9:25 AM IST

Netflix posts biggest quarterly subscriber gain due to sports, 'Squid Game'

The company added 18.9 million customers in the fourth quarter, according to a shareholder letter Tuesday

Netflix posts biggest quarterly subscriber gain due to sports, 'Squid Game'
Updated On : 22 Jan 2025 | 9:17 AM IST

Weighing 10% tariff threat on China, says Trump a day after taking office

Trump during his campaign pledged sweeping tariffs against other nations, including levies of 60 per cent on Chinese products

Weighing 10% tariff threat on China, says Trump a day after taking office
Updated On : 22 Jan 2025 | 9:08 AM IST

Mittal's woes threaten South Africa's $257 billion infrastructure revival

Rand York Castings Ltd., one of the nation's largest steel fabricators, said it may move a unit that makes civil-engineering products it exports globally to India

Mittal's woes threaten South Africa's $257 billion infrastructure revival
Updated On : 22 Jan 2025 | 12:03 AM IST

Bangladesh eyes deeper ties with China as relations with India suffer

In an effort to build closer ties with Beijing, Bangladesh's Foreign Adviser Touhid Hossain is on a state visit to China this week

Bangladesh eyes deeper ties with China as relations with India suffer
Updated On : 21 Jan 2025 | 11:50 PM IST

A year after RBI curbs, Paytm founder Sharma expects to get back into biz

The Reserve Bank of India last year imposed new curbs on unlisted Paytm Payments Bank Ltd. after years-long warnings about data flows between it and Paytm

A year after RBI curbs, Paytm founder Sharma expects to get back into biz
Updated On : 21 Jan 2025 | 11:46 PM IST

Adidas Q4 earnings increase after strong sneaker sales in holiday season

The German sportswear company generated operating profit of €57 million ($59 million) in the fourth quarter

Adidas Q4 earnings increase after strong sneaker sales in holiday season
Updated On : 21 Jan 2025 | 11:38 PM IST

Davos takes a sigh of relief as Trump holds off starting trade wars

International Monetary Fund Deputy Managing Director Min Zhu, a former People's Bank of China deputy governor, said he wasn't surprised that Trump refrained from imposing tariffs on China

Davos takes a sigh of relief as Trump holds off starting trade wars
Updated On : 21 Jan 2025 | 11:33 PM IST

India to take back 18k citizens residing illegally from US to placate Trump

The two countries have together identified some 18,000 illegal Indian migrants in the US to be sent back home

India to take back 18k citizens residing illegally from US to placate Trump
Updated On : 21 Jan 2025 | 5:04 PM IST

Banks to ask RBI to delay liquidity rule set to take effect from April 1

The request will be made through the Confederation of Indian Industry, which will meet recently-appointed RBI Governor Sanjay Malhotra in the coming days, the people said

Banks to ask RBI to delay liquidity rule set to take effect from April 1
Updated On : 21 Jan 2025 | 12:25 PM IST

Setback for Apple: iPhone sales in China plunge 18% in December qtr

The company's flagship handsets, China's top sellers a year earlier, relinquished the top spot to Huawei Technologies Co., Counterpoint Research found

Setback for Apple: iPhone sales in China plunge 18% in December qtr
Updated On : 21 Jan 2025 | 11:45 AM IST

Immigration groups sue Donald Trump over ending birthright citizenship

The change, set to take effect in 30 days, would upend more than a century of US policy and court interpretations of the US Constitution

Immigration groups sue Donald Trump over ending birthright citizenship
Updated On : 21 Jan 2025 | 10:44 AM IST

Trump's biggest China threat is not TikTok but critical infrastructure

Chinese hackers are burrowing into the networks of major critical US infrastructure, including energy grids, water treatment plants and transportation networks

Trump's biggest China threat is not TikTok but critical infrastructure
Updated On : 21 Jan 2025 | 8:57 AM IST

Budget 2025: Govt's third shot at tax reform shouldn't miss the target

Nearly 47 million, or 63 per cent of those who did file returns last year, paid nothing

Budget 2025: Govt's third shot at tax reform shouldn't miss the target
Updated On : 21 Jan 2025 | 8:50 AM IST

Trump reverses Biden's oil drilling bans, opens US waters for exploration

The president is also expected to direct the Interior Department to swiftly develop a new plan for selling offshore drilling rights on Monday

Trump reverses Biden's oil drilling bans, opens US waters for exploration
Updated On : 21 Jan 2025 | 8:19 AM IST

Costly affair: Hedge fund managers keep nearly half of profit as fees

Of the $3.7 trillion in profits they have earned as an industry since 1969, nearly half or a staggering $1.8 trillion was gobbled up as fees, according to estimates by LCH Investments

Costly affair: Hedge fund managers keep nearly half of profit as fees
Updated On : 21 Jan 2025 | 12:51 AM IST

Bitcoin rises to fresh record, over $109K ahead of Trump inauguration in US

Token's rise came after Trump and his wife Melania unveiled memecoins over the weekend, with Trump's rapidly reaching a market capitalization of more than $15 billion before declining sharply

Bitcoin rises to fresh record, over $109K ahead of Trump inauguration in US
Updated On : 21 Jan 2025 | 12:02 AM IST

RBI to 'play it slow' on defending rupee, says Axis Bank CEO Chaudhry

The rupee has gone from being one of Asia's best-performing currencies to one of the region's biggest losers in a matter of weeks

RBI to 'play it slow' on defending rupee, says Axis Bank CEO Chaudhry
Updated On : 20 Jan 2025 | 10:37 PM IST

Greenko Energy founders to raise $800 million fund to buy Orix stake

AM Green Power BV, which has ties to Greenko's founders, plans to raise an $800 million loan to acquire the stake from Japanese financial group Orix Corp

Greenko Energy founders to raise $800 million fund to buy Orix stake
Updated On : 20 Jan 2025 | 5:37 PM IST

Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation

Billionbrains Garage Ventures behind financial services platform Groww Invest Tech Pvt Ltd could proceed with an IPO this year, seizing on the momentum for share sales in India

Groww picks JPMorgan for IPO to raise $750 mn, may seek $7 bn valuation
Updated On : 20 Jan 2025 | 3:04 PM IST