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Sri Lanka to hold talks with India, UAE to build new energy hub in May

The hub in the eastern harbour city of Trincomalee will involve the construction of a multi-product pipeline as well as bunkering facilities

RBI's cash infusion to aid more rally in short bonds, says Nomura

The strategist expects the RBI to buy bonds worth Rs 3 trillion in the current financial year, with a bias towards more action

Hyundai Motor launches tariff task force, shifts some Mexico output to US

Hyundai and affiliate Kia, which together are the world's third-biggest automaking group by sales, are particularly vulnerable to US tariffs

Air India in talks with Boeing to acquire 10 planes rejected by China

Boeing CEO Kelly Ortberg said on Wednesday that due to the tariffs, many of our customers in China have indicated that they will not take delivery

US judge denies injunction, restricts copies of weight-loss drug Ozempic

A US judge earlier barred compounders from making copies of Eli Lilly's Zepbound and Mounjaro

India's economic outlook dims as US tariffs hit business sentiment: Poll

Economists say beneath the headline growth numbers is an economy not generating enough well-paying jobs for millions of young people entering the labour market every year

Global container shipping volume to fall 1% on Trump trade policies: Drewry

That would be the third drop in global container shipping demand since London-based Drewry began collecting that data in 1979

100 days of DOGE: Deep cuts spark chaos and delays across US agencies

Nearly 100 days into what Trump and tech billionaire Elon Musk have called a mission to make the federal bureaucracy more efficient

Boeing to resell jets blocked by China as trade tariffs delay deliveries

Boeing took the rare step of publicly flagging the potential aircraft sale during an analyst call on Wednesday, saying there would be no shortage of buyers in a tight jet market

Morgan Stanley looking to sell remaining $1.23 billion of X debt: Report

The move would allow the investment bank to shed the debt tied to a deal that drew significant attention. Musk has dramatically reshaped the social media platform since taking control

NMDC exploring coking coal assets in Indonesia, Australia: Chairman

The company is looking at this as a business opportunity, Mukherjee said. They (explorations) are in different stages of negotiations

Trump trade war fuels business uncertainty, rising costs and profit cuts

Dove soap maker Unilever, which was also reporting earnings, described declining consumer sentiment in its North American markets

US weekly jobless claims increase moderately as layoffs remain low

The data included the Good Friday holiday, which was later this year compared to 2024. Claims tend to be volatile around moving holidays

Tech Mahindra Q4 results: Net profit rises 77% to ₹1,167 cr, revenue up 4%

India's largest IT companies have flagged uncertainty and delays in technology spending decisions due to U.S. president Donald Trump's unpredictable tariff policies stoking fears of weak a fiscal year

SBI Life Q4 results: Net profit increases marginally to Rs 814 crore

SBI Life's net premium income fell about 5% to Rs 23,861 crore as single premiums dropped nearly 73% while first-year premiums rose about 7%

PepsiCo cuts 2025 profit forecast amid trade tensions and cost pressures

PepsiCo now expects fiscal 2025 core earnings per share to decline 3 per cent, compared with its previous forecast of a low-single-digit increase

Dow reports first-quarter loss, expands review of European assets

In January, Dow said it would reduce global headcount by 1,500 as part of a cost-saving plan due to lackluster demand and margin pressures

India may export up to 700K tonnes of sugar this season: Isma member

The world's second-biggest sugar producer set the 1 million ton export allowance i9n January because the government and industry believed there was a surplus for overseas markets

ACC Q4 profit dips 1.8% as rising costs offset strong sales growth

Its sales volumes rose 14% on-year, above the 5%-12% range estimated by at least three brokerages, and lifted overall revenue by 12% to 59.49 billion rupees

India confident of achieving steel production target by 2030: Poundrik

The country, the world's second-largest producer of crude steel, has imposed a temporary 12% tariff on certain steel imports to counter a surge in cheap shipments, primarily from China