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Torrent Pharma Q2 net profit rises 24% to Rs 386 cr on strong demand

Consolidated net profit was Rs 386 crore for the quarter ended Sept. 30, compared with Rs 312 crore a year earlier

Centre likely to bring down floor price for basmati rice exports to $950 MT

India imposed a $1,200 per tonne MEP on basmati rice shipments in August to keep a lid on local prices ahead of key state elections

General Motors withdraws its 2023 guidance, UAW strikes SUV plant

With the UAW clash throttling revenue and profits, Chief Executive Mary Barra told investors the automaker will slow its electric vehicle strategy to put profits ahead of sales targets

Battery testing race to work out what used electric vehicles are worth

With traditional combustion-engine cars, mileage and years racked up can quickly tell prospective buyers how much they should fork out

Norway's $1.4 trillion sovereign wealth fund posts $34 billion loss in Q3

The fund's return on investment was minus 2.1% for the July-September period, 0.17 percentage points stronger than the return on its benchmark index

Spotify Q3 results: Income at $34.1 million, growth beats expectations

"We believe moving forward, we should see pretty consistent growth in our operating income," its Chief Financial Officer Paul Vogel said

Kremlin rejects speculation that Putin is ill and uses body doubles

The spokesman laughed in response to a further question about body doubles, and denied that Putin had any

JSW steel boss says 'nothing concrete' with Canada's Teck Resources

Acharya said the diplomatic row should not impact business decisions, adding "let us see how those situations evolve"

Off-duty pilot onboard Alaska Airlines flight attempts to disable engines

A 44-year-old man, Joseph David Emerson, was booked on 83 counts of attempted murder and endangering an airplane, according to Multnomah County Sheriff's Office booking information in US

Japan launches antimonopoly probe into Google's search dominance

The official said the issue was not that Google's service was widely used, it was about fair competition

Qatar Airways CEO Al Baker to step down, Al Meer to take over role

Al Baker will be succeeded by Badr Mohammed Al Meer, currently chief operating officer of Hamad International Airport, the source familiar with the matter said

Indian govt benchmark bond yields ends higher, tracking their US peers

The 10-year benchmark bond yield closed at 7.3769%, after ending at 7.3626% in the previous session

Govt cautious of unexpected spike in sovereign bond yields: Official

"If (government bond) yields go beyond tolerance level, we will take appropriate remedial actions," the official said, without giving details

Nestle, Volvo among 130 firms urging COP28 agreement to ditch fossil fuels

"To decarbonise the global energy system, we need to ramp up clean energy as fast as we phase out the use and production of fossil fuels," they wrote

Tesla to exceed $9 bn spending target this year as it rolls out new models

The company's spending is, however, expected to return to the $7 billion and $9 billion range in the next two years, a regulatory filing showed

Benchmark 10-year US Treasury yield hits 5%, its highest-level since 2007

The combination of those higher yields and risk of a wider conflict in the Middle East soured sentiment at the start of a week full of mega-cap earnings and key data

NDTV Q2FY24 results: Net profit falls nearly 51%, revenue down 10%

Consolidated net profit was Rs 5.91 crore in the three months to Sept. 30, compared with Rs 12.01 crore a year earlier, it said in an exchange filing

Crude oil futures slip as investors watch diplomatic moves in Gaza war

Brent crude futures fell 24 cents, or 0.26%, to $91.92 a barrel, as of 0837 GMT. U.S. West Texas Intermediate crude futures were down 36 cents, or 0.41%, at $87.72 a barrel

Fiscal position solid, retail inflation to stay within target: FinMin

Retail inflation eased to a three-month low in September on the back of softer vegetable prices, but remained above a 4% target that the central bank has signalled would be key before easing rates

RBI's $5 billion swap maturity causes flutter, but no major turbulence

One of the ways a bank can do that is by accessing the overnight swap market to borrow dollars vis-a-vis the rupee. A fall in the swap rate means there is a high demand for dollars