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Trump says Xi agrees Iran must open strait, but no sign China will weigh in

Trump said he was considering whether to lift US sanctions on Chinese oil companies buying Iranian oil. China is the biggest buyer of Iranian oil

Explained: Why Tata Sons is facing mounting pressure to go public

Until now, Tata Sons has remained unlisted, but there is now pressure to list from ​internal stakeholders, including its second largest shareholder, the Shapoorji Paloonji (SP) Group

Arohan Financial Services files for IPO, plans ₹600 crore fresh issue

The filing comes more than a year after the Reserve Bank of India removed lending restrictions it had imposed on the firm and other non-bank lenders due to 'usurious' pricing and high markups

Ackman's Pershing Square takes Microsoft stake after stock declines

Ackman argued that Microsoft sits at a "highly compelling valuation" after a recent decline in its stock

OpenAI explores legal action against Apple over ChatGPT integration: Report

In 2024, Apple announced integration of its "Apple Intelligence" technology across its apps including Siri and bringing OpenAI's chatbot ChatGPT to its devices

Reliance-Disney launch legal battle against Zee over Bollywood films

Zee "is a habitual infringer", JioStar said in its 120-page plea, accusing Zee of continuing to "engage in the unauthorised broadcast and exploitation of the films"

Donald Trump leaves Beijing with few wins but warm words for Xi Jinping

During a huddle with reporters on the way back to the US, Trump said Xi told him he opposed Taiwan's independence

India's April unemployment rate increases to 5.2%, shows govt data

A Reuters poll had projected the April unemployment rate at 5.2%

Brics talks end without joint statement, exposing divisions over Iran war

Without naming the UAE, Iranian Foreign Minister Abbas Araqchi told a news conference that a Brics member blocked some parts of the statement

Rupee slides to record low past 96/$ as oil nears $110 per barrel

The rupee fell 0.3 per cent to 96.05 per US dollar, eclipsing its previous all-time low of 95.9575 in the previous session

Devyani International Q4 result: Loss narrows to ₹10 cr on strong KFC sales

The operator of KFC ​and Pizza Hut ‌outlets in India reported a consolidated net loss of ‌₹10.04 crore ($1.05 million) ‌compared to a loss ‌of ₹14.74 crore a year ago

Oil price rises over 1% after Trump says he is losing patience with Iran

Brent crude oil futures rose $1.32, or 1.25 per cent, to $107.04 a ‌barrel by 0425 GMT, while US West Texas Intermediate futures were up $1.33, or 1.31 per cent, to $102.50

Redington shifts to air freight as West Asia conflict disrupts trade

Air freight ‌rates have surged since the US-Israeli war on Iran began at the end of February, as higher fuel costs and disrupted sea shipments squeeze capacity

Asian shares pressured by inflation worries as oil prices extend rally

Japan's Nikkei also dropped 1.2 per cent as data showed the country's wholesale inflation accelerated to 4.9 per cent in April, the fastest pace in three years

Musk's lawyer challenges Altman's credibility as OpenAI trial nears end

OpenAI has said the organization is stronger as a for-profit entity, including the nonprofit that is now a shareholder of the corporation, and that Musk simply wanted control

US clears Nvidia H200 chip sales to Chinese firms, deliveries yet to begin

Trump picked him up in Alaska en route to a summit with Chinese President Xi Jinping, raising hopes the trip could finally unlock stalled efforts to sell the H200 chips in China

Meta and Google fund US kids' groups, as critics warn of social media risk

Backed by tens of millions of dollars from the tech giants, these organizations delivered lessons about personal responsibility to hundreds of thousands of children and parents

Indices rally on optimism around India Inc earnings, US-China talks

Brokerages remain cautious on broader market outlook amid macroeconomic pressures

UK Health Min Streeting quits, calls for PM Starmer's ouster

His announcement fell short of forcing the launch of a formal leadership contest but piles the pressure on the British leader who has so far weathered a drip feed of demands for him to step down

Iran allows some Chinese vessels to transit through Hormuz Strait

The Fars report came as U.S. President Donald Trump, who is on a state visit to China, agreed with the Chinese leader Xi Jinping that the Strait of Hormuz must be open for the free flow of energy