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Despite foreign money exodus, fund managers in Davos see India appeal

Foreign portfolio investors have withdrawn more than $31 billion from Indian equity markets since October, provisional exchange data shows

Shree Cement Q3FY25 results: Net profit falls 72.5% to Rs 193 crore

The company's consolidated net profit plunged 72.5 per cent to Rs 193 crore ($22.3 million) in the quarter ended Dec. 31

PSUs drive market gains on hopes of higher govt spending in upcoming Budget

State-owned companies gained about 2 per cent, with analysts attributing the rise to expectations of government focus on public spending and infrastructure in the Budget announcement

Gold prices rise as investors remain worried over potential Trump tariffs

Investors now await the December US personal consumption expenditures (PCE) price index report on Friday

Cigna falls short of Q4 profit estimates due to higher medical costs

The plan, called "stop-loss insurance", entails the insurer covering for employers' self-funded plans when their costs surpass a certain threshold due to catastrophic or unexpected medical claims

Drugmaker Takeda's CEO Weber to step down, raises profit forecast

Julie Kim, president of the company's U.S. unit, was named to succeed Weber in June 2026

Germany's GDP falls 0.2% in Dec qtr, recession fears return ahead of poll

Germany's gross domestic product fell by 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday

Prices of rice exported from India steady at 18-month low on muted demand

India's 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken white rice was quoted at $432 to $440 per ton this week

Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining

The partners will invest through different asset classes, including equity, senior debt and production-linked instruments, such as royalties

RBI files bankruptcy application against Aviom India Housing Finance

The RBI also appointed Ram Kumar, the former chief general manager of state-run Punjab National Bank as the administrator for Aviom

India braces for warmer Feb, wheat crop, rapeseed output may be at risk

As the world's second biggest wheat producer, India is counting on a bumper harvest in 2025 to avoid costly imports, following three straight years of poor crop yields since 2022

Dr Lal Path Labs Q3FY25 results: Net profit jumps 19% to Rs 96.7 crore

The company's consolidated net profit rose to Rs 96.7 crore ($11.2 million) in the three months to Dec. 31, from Rs 81.3 crore a year earlier, but fell short of analysts' estimate of Rs 97.69 crore

Palestinian militants begin handover of 3 Israeli hostages in latest deal

Three hostages were expected to be taken to three different hospitals in Israel, though that could change depending on their immediate inspection from doctors upon arrival

Banks, importers seen lapping up India central bank's $5 billion FX swap

Central bank will conduct a 6-month dollar/rupee buy-sell swap, one of its many planned measures aimed at injecting liquidity worth about Rs 1.5 trillion ($17.33 billion) into the banking system

Blueleaf Energy to invest $400 mn in Jakson Green's India solar assets

Investment will be made in three solar projects, which are expected to be commissioned in 2025-2026 and will be funded through a combination of debt and equity, the companies said

Nokia Q4 results: Net profit beats estimates, jumps 38%; sales rise 17%

Company said sales at its network Infrastructure business rose 17 per cent due to a strong recovery in demand from communication service providers, notably in North America

Highlighting history: List of deadliest US airline crashes since 2001

Read the list of last 10 deadly airline crashes to occur in the US

Oil prices waver as markets await clarity on Trump's Canada, Mexico tariffs

Investors are also looking ahead to a ministerial meeting by the Organization of the Petroleum Exporting Countries and its allies, together called Opec+, scheduled for Feb 3

Toyota sells 10.8 mn vehicles in 2024, stays world's top-selling automaker

Japanese automaker posted a 3.7 per cent drop in global group unit sales last year, including those of compact car maker Daihatsu and truck unit Hino Motors

Exposed wires may have contributed to LA's Eaton fire, claims law firm

Robertson and experts with his firm captured the images of SCE's equipment by hiking to SCE towers along the ridge of foothills near Altadena and deploying drones earlier this month