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Forex reserves decline by $3.47 bn to $667.386 bn, shows RBI data

The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee

Airlines avoid Mideast airspace, cancel Israel flights as tensions rise

Singapore Airlines on Friday appeared to no longer be using Iranian airspace for any of its routes

Dalmia Bharat Sugar Q1 results: Net profit falls 10.8% to Rs 54.73 crore

The company, which supplies sugar to companies like Coca-Cola, Britannia, Dabur, and Carlsberg, reported consolidated net profit of Rs 54.73 crore ($6.5 million), compared to Rs 61.34 crore year ago

US unemployment rate hits 4.3% in July as job growth slows considerably

The employment report also showed increase in annual wages last month was smallest in more than three years, effectively sealing the case for the U.S. central bank to cut interest rates in September

MedPlus Health Q1 results: Net profit surges 3.8 times to Rs 14.36 crore

Growth in the retail pharmaceutical sector has improved and is expected to sustain, according to analysts, as an improvement in medical infrastructure has resulted in better access to these platforms

Titan Q1 results: Net profit declines 5% to Rs 715 crore, misses estimates

The Tata group-owned company reported a 5% fall in consolidated profit to Rs 715 crore ($85.4 million) in the quarter ended June 30, from Rs 756 crore an year ago

Britannia Q1 results: Net profit rises to Rs 506 crore, misses estimates

Analysts, on average, had expected a profit of 5.36 billion rupees, according to data from LSEG

Hyundai, others lobby UP against hybrid support as Toyota rivalry deepens

Four separate company letters to Uttar Pradesh highlight the rivalry between automakers in a country where taxation is skewed in favour of EVs

Google parent Alphabet reduced stake in Crowdstrike before July outage

The company cut its stake to 427,895 class A shares from 855,789 shares, as of June 30

World food prices ease slightly in July, says UN; meat, sugar costs up

Prior to July, FAO food price index had risen for four consecutive months after hitting a 3-year low in February as prices receded from a record peak set in March 2022 after Russia invaded Ukraine

Intel shares to fall most in 24 years as it struggles with turnaround

Shares of the company were down about 20 per cent in premarket trading after Intel late forecast quarterly revenue below estimates

Sri Lanka needs to raise fiscal revenue to maintain economic stability: IMF

IMF has also provided Colombo and financial advisors of the country's bondholders an assessment on a provisional deal

Paris Olympics 2024: All you need to know from Leon Marchand to Teddy Riner

Simone Biles won her second gold medal of the Paris Summer Games on Thursday, delivering an electrifying performance

Byju's lender asks court not to quash insolvency proceedings against firm

Glas Trust says Byju and his brother Riju used money owed to lenders to clear the Indian cricket board's dues and that the insolvency proceedings should continue

Americans freed alongside Russian assassin in biggest post-Cold War swap

After a year of secret negotiations, 24 prisoners were swapped: 16 moved from Russia to the West, and eight from the West to Russia

Indian bonds seen a tad lower, yield holds 6.90% level before debt sale

New Delhi aims to raise 220 billion rupees ($2.63 billion) on Friday through the sale of bonds, which includes 10-year green bonds and a 30-year paper

China central bank adviser calls for greater stimulus, inflation target

China should quicken fiscal spending and policymakers should shift their stance from prioritising investment over consumption, said Huang

Global burger chains to car makers hit as recovery falters in China

China's $18.6 trillion economy grew more slowly than expected in the second quarter, and cautious households are building up savings and paying off debts

India govt bond yields seen a tad lower as US peers sink; debt sale eyed

U.S. Treasury yields sank on Thursday, with the 10-year yields hitting a fresh six-month low in Asian hours on Friday

Rupee near all-time low, RBI intervention expected to limit losses

The rupee had declined to its all-time low of 83.7450 on Wednesday