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YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Yes Bank's return on assets - which is the ratio of how profitable a company is compared with its total assets - was at 0.2% for the October-December quarter

RBI lifting curbs on forex non-deliverable forward arbitrage by banks

Arbitrage trades allow investors to benefit from the price differences of securities in different markets but can exaggerate price trends

Yemen's Houthis ballistic missile misses fuel tanker Torm Thor, says US

The Iran-aligned group said on Sunday that they targeted the tanker, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza

'Not in dreamland': WTO aims for modest outcomes at Abu Dhabi meet

'Tough' politics complicate deal-making, says Ngozi Okonjo-Iweala, WTO chief

Donald Trump wins South Carolina, beating Nikki Haley in her home state

Trump won with 59.8% support against 39.5% for Haley with 99% of the expected vote tallied, according to Edison Research

'Nikki who?': Trump campaign dismisses Haley after South Carolina win

Saturday's win in South Carolina makes Trump's march towards the Republican presidential nomination appear inevitable, and leaves Haley, despite her vow to battle on, no clear path to beating him

Xiaomi launches new AI-enhanced, photo-geared 14 Series smartphone

Xiaomi last year was placed third globally for share of the smartphone market, accounting for 12.5% of global shipments, behind leader Apple at 20.1% and Samsung in second with 19.4% market share

Qatar plans new gas production boost due to global price collapse

The Qatari announcement comes as U.S. gas prices trade near an all-time low if adjusted to inflation after a decade of meteoric rises in output which made the U.S. one of the top oil and gas exporters

Indians spending less on food, more on discretionary items, shows survey

The Household Consumption Expenditure Survey, released late on Saturday, estimates average rural consumer spending rose to Rs 3,773 a month per person

Go First gets 2 financial bids as part of its bankruptcy process: Bankers

The airline has also received a financial bid from Sharjah-based Sky One Airways which is lower than the competing bid, one of the bankers said, without disclosing the amount

US targets Russia with hundreds of curbs over Ukraine war, Navalny death

The United States and its allies have imposed sanctions on thousands of Russian targets in the past two years

India will not rush into signing free trade deals, says Piyush Goyal

The minister was responding to a question on India's trade negotiations with the UK and the European Union (EU) becoming more complicated

Nvidia briefly hits $2 trillion valuation as AI frenzy grips Wall Street

The milestone followed another bumper revenue forecast from the chip designer that drove up its market value by $277 billion on Thursday - Wall Street's largest one-day gain on record

ArcelorMittal's Bosnia steel plant reports nearly $88 million net loss

The results were hit by a 12% annual drop in demand, a 20% rise in electricity prices and 22% lower prices of the metal on the global market, the Bosnian business added

India's oil imports hit record high in Jan on Red Sea delays, shows data

India's oil imports hit 5.24 million barrels per day (bpd) in January, up 17% from December and 3.5% higher than in the corresponding month a year earlier, according to the data

Govt's stance on data transfers at WTO troubles chip industry giants

Developing nations like India, South Africa and Indonesia are set to oppose efforts by US and Europe to extend the moratorium. If no agreement is made, the moratorium would expire this year

China's 'dragon' baby boom may increase population in 2024: Report

Many young people, however, are opting to stay single or put off getting married due to poor job prospects, record youth unemployment and chronically low consumer confidence

StanChart lowers income target as China weighs, launches $1 bn buyback

StanChart also said it would aim to increase returns on tangible equity, a key profitability metric, "steadily" from the current 10% to 12% by 2026

Toyota extends shutdown of 2 plants after emission test irregularities

The production lines have been suspended since Jan. 29 after the discovery of irregularities in certification tests for diesel engines developed by affiliate Toyota Industries

BASF to slash another 1 bn euros in Germany, flags earnings rebound

CEO Martin Brudermueller, who will quit in April to become non-executive chairman of carmaker Mercedes-Benz, cited high competitiveness of the group outside of Germany under challenging conditions