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Maruti Suzuki to recall 11,177 Grand Vitara SUVs to fix seat belt defect

The company, which is majority owned by Japan's Suzuki Motor Corp, will report its results for the quarter ending Dec. 31 on Tuesday

India plans to cut gold import duty to arrest smuggling: Govt officials

The effective duty on gold is currently 18.45%, which includes 12.5% import duty, 2.5% agriculture infrastructure development cess and other taxes

Shoppers Stop Q3 profit jumps 24% to Rs 63 crore on festive demand

Shoppers Stop's net profit rose to Rs 620.6 million ($7.63 million) for the quarter ended Dec. 31

India's crude imports hit 5-month high in December on cheap Russian supply

Russia continued to be the top oil supplier to India in December, shipping a record 1.25 million barrels per day (bpd)

Gold prices tick lower; growth concerns start weighing on white metals

Zero-yield bullion tends to do well in a lower interest rate environment

RBI orders SBM Bank to stop transactions under remittance scheme

The scheme allowed Indian residents to freely remit funds abroad up to $250,000 per financial year

Oil prices rise to $88 a barrel on back of stronger China outlook

Last week Brent rose 2.8%, while the U.S. benchmark logged a 1.8% gain

Axis Bank Q3 results: Net profit rises 61.9% to Rs 5,853 crore

Analysts on average had expected the bank to report a profit of 54.43 billion rupees, according to Refinitiv IBES data

Euro scales nine-month peak against US dollar as ECB hawks let fly

Investors also have around 50 basis points of U.S. rate cuts priced in for the second half of the year, reflecting softer data on inflation, consumer spending and housing

IDBI Bank posts record-high Q3 profit of Rs 927 crore on lower provisions

Most Indian banks have managed to improve their asset quality helped by a clean-up of balance sheet, write-offs and recoveries, and by ensuring that new slippages remained in check

Apple targeting to raise India production share to 25%: Piyush Goyal

'They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing'

India's central bank likely buying dollar after rupee rose above 81.125/$

India's central bank likely bought dollars via state-run banks to prevent the rupee from appreciating significantly above the 81 psychological level

Govt to tap brakes on capex growth, key subsidies, finds poll of economists

Food and fertiliser subsidies that help two-thirds of India's 1.4 billion people will also be scaled back

Centre likely to borrow record Rs16 trn in fiscal year 2024, shows new poll

The fall in tax revenue and expected slowing economic growth next fiscal year will limit the government's ability to cut borrowing in the near term

Malaysia's egg shortage sets Indian hatcheries on path to record exports

India shipped 5 million eggs to Malaysia in December and will ship 10 million in January and up to 15 million in February, according Kumar

Oil prices fall in early trade but remain buoyed by China outlook

Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, also down 0.5%, to $81.24 a barrel

HDFC to raise at least Rs 30 billion through issue of 10-year bonds

The issue will also have a greenshoe option to retain an additional 20 billion rupees and will close for subscription later this week

Rupee may firm past 81 per dollar, bond yields to edge up ahead of Budget

The rupee rose for a second straight week, gaining 0.25% over last week to end at 81.12 per dollar on Jan. 20, as the greenback slid on soft US data

BPCL plans to shut Bina refinery in June for a month for maintenance

The state-run refiner also plans to shut half of its 240,000 bpd Mumbai refinery in western India for three to four weeks in September-October for maintenance

Morocco plans to sell India 1.7 mn tonnes of phosphate fertilisers in 2023

Moroccan phosphates and fertilisers producer OCP said on Sunday it plans to supply India with 1.7 million tonnes of phosphate-based fertilisers in 2023