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Crude oil prices drop as OPEC+ accelerates output hikes, surplus looms

Brent crude futures dropped by 87 cents, or 1.42%, to $60.42 a barrel by 0946 GMT, while U.S. West Texas Intermediate crude was at $57.37 a barrel, down 92 cents, or 1.58%

Jubilant pulls ahead of KFC, McDonald's as Q4 earnings near: Analysts

Jubilant has already flagged a 12.1% increase in like-for-like sales in India in its quarterly update, which analysts say has benefited from its focus on online sales

India sees debut listing of residential mortgage-backed securities

The funds would be raised across seven to 10 transactions over the year, National Housing Bank Managing Director Sanjay Shukla said

Houthis announce campaign targeting Israeli airports as tensions rise

Most attacks from Yemen have been intercepted by Israel's missile defence systems, though a drone strike hit Tel Aviv last year

Global economy already the feeling drag from Donald Trump's tariffs

Big-name multinationals right down to niche e-commerce players last week cut sales targets, warned of job cuts and reviewed their business plans, while major economies revised down growth prospects

Centre starts work on hydro projects after suspending treaty with Pakistan

Last month, New Delhi suspended the 1960 Indus Waters Treaty between the nuclear-armed rivals that ensures supply to 80 per cent of Pakistani farms after Pahalgam attack

Apple to partner with Amazon-backed Anthropic on AI-based coding platform

The new AI coding system is an updated version of Apple's programming software, Xcode, and will integrate Anthropic's Claude Sonnet AI model

Over 15,000 USDA employees have taken Trump financial incentive to leave

President Donald Trump's administration has offered federal employees several months of pay and benefits if they opt to leave their jobs

Berkshire investors anticipate new era as Buffett hands over the baton

Following Buffett's surprise announcement on Saturday that he would step down as chief executive by the end of the year, Berkshire shareholders and fans said the Omaha

Won't remove Fed Chair Powell before term ends in 2026: US President Trump

Asked if he would remove Powell before his term as chair ends in 2026, Trump issued his most definitive denial

OPEC+ plans to further speed up crude oil output hikes despite weak demand

OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand

Jaguar Land Rover resumes car exports to US post Trump tariff pause: Report

The first shipments of JLR vehicles bound for the US for almost a month left Britain on Wednesday

Samsung India fights $520 mn tax demand, points to Reliance practice

Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand

Opec+ agrees to accelerate oil output hike for June despite weak demand

Oil prices fell to a four-year low in April below $60 per barrel after Opec+announced a bigger-than-expected production boost for May

'US fiscal policy scares me': Buffett as he hands over Berkshire to Abel

Buffett said during the meeting he was concerned about the US deficit and thought the United States faced problems that need to be solved, including bureaucracy

WHO to back use of weight-loss drugs for adults globally, raises cost issue

More than a billion people now have obesity worldwide, according to the WHO, and around 70% of them live in low and middle-income countries, the World Bank estimates

Oil set for biggest weekly loss in a month ahead of OPEC+ meeting

The OPEC+ meeting was moved up to Saturday from the original plan of Monday, three sources told Reuters on Friday, although it was not immediately clear why the meeting was rescheduled

Sebi accuses Adani's nephew in insider trading case, settlement talks on

Settlement terms were being discussed, said the source with direct knowledge of the matter, who declined to be named as the matter is confidential

Trump unveils $163 bn budget cut; prioritises defence, security funding

The so-called skinny budget is an outline of administration priorities that will give Republican appropriators in Congress a blueprint to begin crafting spending bills

RR Kabel Q4 results: Profit up 64% at ₹1.29 bn on demand for wires, cables

The company's consolidated profit climbed to Rs 1.29 billion ($15.31 million) in the three months ended March 31 from Rs 787 million a year earlier