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Blue Star Q1 results: PAT jumps 102.6% to Rs 169 cr, revenue up 28.7%

Blue Star's consolidated net profit rose 102.6 per cent to Rs 169 crore ($20.14 million) for the three months ended June 30, surpassing analysts' expectations of Rs 141 crore

India shelves plan to form consortium for coking coal import: Report

Some steelmakers believe they will cease to get a discount under their long-term deals if they negotiate through a consortium, reports stated

3M India Q1 results: Net profit jumps 22% to Rs 157 cr as expenses ease

Total expenses declined 4 per cent during the reported quarter, primarily due to a decrease in employee benefit expenses and depreciation charges

TVS Motor Q1FY25 results: PAT rises 23.5% to Rs 577 cr on strong demand

TVS Motor's earnings before interest, taxes, depreciation and amortization margin rose to 11.5 per cent from 10.6 per cent a year ago

Bajaj Electricals Q1FY25 results: Net profit falls 25% to Rs 28.1 cr

Bajaj Electricals results fall short of expectations in first-quarter, hurt by dampened demand for kitchen appliances and price erosion in key lighting segment

Nobel laureate Muhammad Yunus was arch foe of ousted Bangladesh PM Hasina

Their lending model has since inspired similar projects around the world, including developed countries like the United States where Yunus started a separate non-profit Grameen America

Holiday Inn owner IHG posts strong Q2 as US rebound outweighs China's

Shares in IHG, which have been pressured in the past week after a warning from US rival Marriott and US recession fears, rose 4 per cent in early trade

China to launch first satellites of constellation to rival Starlink: Report

The competition to occupy Earth's lower orbits also has military implications, with the potential to affect the balance of power between warring countries

RBI to lower rates by 100 bps by March 2026, as inflation eases: BOA

The rate easing cycle in Asia's third-largest economy should begin with a 25-basis-point cut in December, Jain said, mirroring the market view

Chinese megacity, Hangzhou limits outdoor lighting as heat strains grid

Chinese meteorologists say the record heat in 2024 has been worsened by global warming despite the cooling effects of the La Nina weather phenomenon

Govt to not give any relaxation in its Rs 32,000 cr GST demand on Infosys

Shares of Infosys, which were up 1.6% before the news amid a broader market rebound, briefly trimmed gains to about 0.3%

Top UK lenders could be dismantled smoothly in crisis, says Bank of England

The BoE said that its assessment found some shortcomings or areas for further enhancement, but no serious issues were uncovered that were serious enough to hamper the resolution

Donald Trump's bitcoin stockpile plan stirs debate ahead of US elections

A government bitcoin stockpile could shore up bitcoin's price.

China's exports likely expanded in July lifted by global trade upturn: Poll

Trade data on Wednesday is expected to show exports grew 9.7 per cent year-on-year by value, according to the median forecast of 30 economists in a Reuters poll

Killing of Hamas leader aimed to prolong Gaza war: Palestinian Prez Abbas

Abbas said that he considers Haniyeh's assassination, a cowardly act and a dangerous development in Israeli politics

Chinese firms stockpile high-end Samsung chips as they await new US curbs

The companies have ramped up their buying of the artificial intelligence (AI) capable semiconductors since early this year, helping China account for about 30 per cent of Samsung's HBM chip revenue

Evergrande aims to recover $6 billion from founder Hui, former top execs

The liquidators said they had obtained injunctions restraining Hui, Ding and Xia from dealing with, disposing of, or diminishing the value of their worldwide assets up to various prescribed limits

Malaysian PM's posts on Haniyeh's assassination were removed in error: Meta

In a similar incident in May, Meta restored Facebook posts by Anwar over his meeting with Haniyeh, saying they were taken down in error

At least 5 US personnel wounded in attack against base in Iraq: Officials

Ismail Haniyeh, the political leader of Palestinian Islamist group Hamas, was assassinated in the Iranian capital Tehran last week, an attack that drew threats of revenge by Iran on Israel

Aftershocks of carry trade at core of market rout could still have effects

The massive selloffs had come after a higher-than-expected US unemployment rate on Friday sparked worries