Page 6 - Reuters%20

Overnight swap rates suggest RBI pause, hint at possible rate hike

The move comes in the backdrop of RBI raising its immediate GDP growth and inflation forecasts

Contract drug maker Divi's misses profit view on high material costs

The Hyderabad-based company's consolidated net profit marginally fell to ₹583 crore ($64.31 million) in the quarter ended December 31, from ₹589 crore a year earlier

Govt rules out relaxation of ban on e-cigarettes in snub for Philip Morris

The world's most valuable tobacco firm, Philip Morris had hoped India could be a key market ‌for its heated tobacco device, IQOS, which the company says is less harmful to health

JSW Motors warns of delay in first car launch over China parts licence

JSW Motors is investing $3 ​billion in its carmaking venture and plans to make hybrid and electric vehicles in the western state of ‌Maharashtra

MSCI to add Aditya Birla Capital, L&T Finance to global index; drops IRCTC

MSCI indexes serve as globally recognised benchmarks tracked by large passive funds, implying that inclusions typically attract fresh capital inflows, while removals usually entail outflows

Russia turns to India for workers as Ukraine war deepens labour shortage

In 2021, 5,000 work permits were approved for Indian nationals but last year, almost 72,000 permits were okayed for Indians

Gold, silver rise on lower Treasury yields after weak retail sales

US yields fell on Tuesday after a raft of data suggested the economy may be softening, giving the US Federal ‌Reserve more room to cut interest rates

US, China can build productive relationship without decoupling: Bessent

Bessent told the conference that the US was working on "retaking sovereignty" from China in strategic industries including critical minerals, semiconductors and medicines

Paramount boosts Warner Bros bid with ticking fee, Netflix fee backstop

It did not raise its overall offer of $30 per share, or $108.4 billion including debt, for the whole of Warner Bros including cable assets

Apple, Google agree app store changes after UK regulator's intervention

Thousands of businesses rely on Apple's App Store and Google's Play Store to review and distribute their apps, and many have complained the process is unclear and inconsistent

India to rely on coal for next 25 years before sharp fall: NITI Aayog

Under the current policy scenario - which assumes no major new decarbonisation measures - coal demand is expected to peak at 2.62 billion metric tons in 2050, more than double the current 1.26 billion

Samvardhana Motherson Q3 result: Profit rises 16.5% on strong auto demand

The company reported a 14 per cent rise in revenue from operations to ​31,409 crore, driven by growth in its wiring harness, electronics and diversified industrial segments

Macron calls on EU to seize 'Greenland moment' to strengthen bloc's power

Macron said the Trump administration was being 'openly anti-European' and seeking the EU's 'dismemberment'

Sebi stalls India's newest exchanges from entering options market

Late ​last year, the NCDEX and the MSE separately sought approval from the Sebi to launch and develop equity cash and derivative products, according to exchange disclosures

India likely to pursue critical minerals deals with Brazil, Canada, Europe

The focus would be on lithium and rare earths, and India would also seek access to mineral-processing technologies

India equity mutual fund inflows declines for second straight month in Jan

According to the data from the Association of Mutual Funds in India, inflows fell 14.35 per cent month-on-month to ₹240.29 billion ($2.65 billion)

Lupin settles US patent dispute with Astellas Pharma for $90 million

The settlement resolves Lupin's ‌pending litigation with Astellas and ​enables the company to continue marketing Mirabegron in the United States

Adani Enterprises in talks with US agency over bribery allegations

Adani Enterprises said it received a Request for Information from the US Office of Foreign Assets on February 4, adding the communication does not cite any findings of irregularities or non-compliance

Trump set to repeal landmark climate finding in huge regulatory rollback

The repeal would remove the regulatory requirements to measure, report, certify, and comply with federal GHG emission standards for cars, but would not apply to stationary sources such as power plants

China's influence in Bangladesh likely to deepen as India's ties decline

China has stepped up its investment and diplomatic outreach in Dhaka, most recently signing a defence deal to build a drone factory near Bangladesh's border with India