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Sunflower oil imports rise to record as Russia-Ukraine fight for mkt share

Record imports by India, the world's biggest vegetable oil importer, come as sunoil's discount to rival soyoil widened to the highest level in nine months

Akio Toyoda set to remain a force at Toyota, even as he bows out as CEO

Market reaction to Toyoda's announcement was muted - the automaker's stock price was little changed on Friday

Adani Enterprises kicks off $2.45 bn share sale amid short-seller attack

Adani Group firms lost $11 billion in market capitalisation on Wednesday after New York-based Hindenburg Research flagged concerns in a report about debt levels and the use of tax havens

India's electric vehicle dawn fans expectations fuel demand may peak early

The faster-than-anticipated industry growth means India's gasoline consumption will peak sooner than previously thought, some analysts and industry participants say

Tata's Air India to seal half of jumbo plane order of 495 jets: Report

The order, once finalised, aims to put Air India in the league of large global airlines

Lexus chief executive to take over Toyota as founder's grandson quits

The succession announcement was broadcast on a webcast through the automaker's Toyota Times channel

US FDA joins global regulators probing tainted overseas cough syrup

The agency seeks more information about the specific raw materials used and whether they were obtained from any of the same suppliers

Nokia says is gaining market share, benefitting from 5G roll-out in India

CEO Pekka Lundmark said Nokia saw another year of growth ahead in 2023, in sharp contrast with its main rival Ericsson

Renault, Nissan aim to announce deal on reshaped alliance on Feb 6: Report

The boards of the two firms would still need to individually approve a potential deal after Thursday's meeting

India sells first green bonds at 5-6 basis points below sovereign yields

The proceeds would be used for 'green' projects such as solar power, wind and small hydro projects and other public sector projects that help reduce the economy's carbon footprint

US dollar skulks at eight-month low, central bank's meeting in focus

Downbeat earnings and guidance from U.S. companies and a string of tech sector layoffs have deepened fears of an economic downturn in the United States

Dollar near eight-month low ahead of central bank meetings next week

The Fed's policy-setting committee will begin a two-day meeting next week, and markets have priced in a 25-basis-point interest rate hike

Oil edges up in early trade as US crude inventories rise less than expected

Brent crude futures had risen 12 cents to $86.24 per barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures gained 30 cents to $80.45

Germany agrees to send advanced battle tanks to Ukraine, US to follow

The decision is seen as a potential game changer for Ukraine

Power ministry proposes tax-paid green bonds issuance, says report

The bonds are lucrative to investors, while marginally reducing the cost of funds as there is a difference in issuers' tax rate and investors' tax bracket, the official said

Google makes changes to Android in India after it faces antitrust setback

Google said on Wednesday it will allow device makers in India to license its individual apps for pre-installation and give an option to users to choose their default search engine

Blue Dart Express Q3 net profit falls 28.2% on back of higher expenses

BENGALURU (Reuters) - Indian courier services provider Blue Dart Express reported a 28.2% fall in quarterly profit on Wednesday, as high fuel costs hit margins, while demand also slowed.

DLF Q3 profit jumps 37% on account of reduced costs and stable demand

Indian real estate developer DLF Ltd reported a nearly 37% rise in quarterly profit on Wednesday, helped by a fall in expenses and rising demand for various housing projects.

TeamLease posts Q3 profit drop as revenue growth slows, costs rise

Indian staffing firm TeamLease Services Ltd on Wednesday reported a drop in quarterly profit hurt by slowing revenue growth and higher expenses.

India's FY24 gross borrowing could be less than expected: Economists

There are chances of the central bank paying the government a higher dividend, which could allow for a surprise at the budget presentation on Feb 1