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US Oct retail inflation modestly up, may result in fewer interest rate cuts

The consumer price index rose 0.2% for the fourth straight month, the Labor Department said on Wednesday. In the 12 months through October

Sebi proposes to double minimum net worth requirement for custodians

Assets under their custody jumped to Rs 278.5 trillion by September 2024 from Rs 2.7 trillion in 2002

Prosus plans to list Indian digital payments, lending firm 'PayU' in 2025

PayU has had plans to list since late 2023, at a $5 billion to $7 billion valuation. It recently emerged from a 15-month regulatory ban on enlisting new merchants

Eicher Motors Q2FY25 results: Net profit grows 8.3% to Rs 1,100 cr

The company said its net profit rose 8.3% year-on-year to Rs 1,100 crore ($130.40 million) in the three months to Sept. 30

Blue Energy Motors plans to raise $100 million by January, says CEO

Blue Energy, India's first LNG truck manufacturer, was valued at $250 million in its previous fundraising round

Driven by 'Trump trade' Dollar scales 6-month peak ahead of inflation data

Dollar is reaping benefits of Donald Trump's victory in the US presidential election last week, which sent the US currency to its highest level since May 1 at 106.21 against a basket of currencies

India's Apr-Oct finished steel imports at seven-year high: Govt data

India's steel ministry favours a safeguard duty or a temporary tax to curb rising steel imports, a senior government official

NTPC Green targets $10.8 billion valuation in IPO, analysts flag concerns

Some analysts flagged concerns over NTPC Green's valuation, including on a price-to-earnings (PE) basis

Prism Johnson posts bigger-than-expected Q2 loss on tepid cement demand

Average cement prices slumped to a 51-month low around July-end and the first half of August, and only rose marginally in the later part of the quarter

India's middle class tightens its belt as inflation reaches 14-month high

Since the end of the pandemic, India's economic growth has been driven in large part by urban consumption, however, that now seems to be changing

Chinese battery giant CATL would build US plant if Trump allows it

Trump wants to prevent Chinese auto imports but has said he remains open to Chinese automakers building vehicles in US

Kiran Rao's Laaptaa Ladies is India's official entry at 97th Academy Awards

Laapataa Ladies is a story of two brides who get accidentally swapped in a crowded train. The title of the movie has changed from 'Laapataa Ladies' to 'Lost Ladies'

Asian shares slide on unease over jump in bond yields as US inflation eyed

Bond yields have soared since Donald Trump was elected back to the White House last week on expectations lower taxes

TSMC chip curbs undermine interests of Taiwan companies, says China

TSMC a few weeks ago notified the Commerce Department that one of its chips had been found in a Huawei AI processor

Samsung Electronics shares hit 4-year low on Trump risks, AI chips

The South Korean tech giant is the worst performing stock among global chipmakers like TSMC and Nvidia this year

US Senate democrats rush to confirm judges before Trump takes office

The Senate voted 51-44 in favor of her becoming a US district court judge in Illinois

Spirit Airlines continues talks with creditors amid bankruptcy filing

The negotiations, with a supermajority of the noteholders, have remained productive, advanced materially and are resuming in the near term

Volkswagen raises its investment in Rivian by 16% to $5.8 billion

Shares in the US EV maker, valued at over $11 billion, rose nearly 9 per cent in extended trading

US investigates Russian accounts UBS took over from Credit Suisse

The US sanctions enforcement agency, OFAC, has written to the bank as part of this inquiry

Canada moves to end labour disputes at ports citing economic damage

Labour Minister Steven MacKinnon said he had directed the country's industrial relations board to order an end to the strike