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China's Q1 industrial profits return to growth amid US tariff woes

Cumulative profits of China's industrial firms rose 0.8 per cent to 1.5 trillion yuan ($205.86 billion) in the first quarter from a year earlier

Pakistan in panic as India vows to cut water supply after Pahalgam attack

For the first time, India suspended the World Bank-mediated Indus Waters Treaty of 1960 that ensures water for 80 per cent of Pakistani farms

India urges firms to buy overseas iron ore, coking coal assets: Official

India, the world's second-largest producer of crude steel, aims to boost its overall steelmaking capacity to 300 million tons by 2030, up from about 200 million tons currently

Moscow, Washington narrow Ukraine peace deal gaps in high-level talks

Describing the Putin-Whitkoff meeting as constructive and useful, Ushakov said the possibility of direct Russia-Ukraine negotiations was also discussed

Trump says Xi Jinping called to negotiate tariff deal; China rejects claim

Trump in the interview said he has made 200 tariff deals and expected to finish negotiations in about three or four weeks

Maruti Suzuki plans up to $1 bn capex for new EV launch, higher exports

The company is already India's biggest exporter of cars, and the e-Vitara key will be key to further boost its overseas shipments, which it plans to grow by 20% in the current fiscal year

Force Motors posts higher quarterly profit on strong demand, one-off gain

Forces Motors' quarterly profit before exceptional items and tax rose 27.5% to 2.73 billion rupees from a year ago. It recorded a one-off income of 3.95 billion rupees from government incentives

US pharma tariffs would raise US drug costs by $51 bn annually: Report

Pharmaceutical products have long been spared from trade wars due to the potential harms, but he has repeatedly threatened a 25 per cent tariff on pharmaceutical imports

Trump open to Iran talks, threatens military action over nuclear threat

The last known face-to-face negotiations between the two countries took place under former US President Barack Obama during diplomacy that led to the 2015 nuclear accord

Shriram Finance Q4 results: Profit rises 10% to ₹21.39 bn, misses estimates

Analysts, on average, had expected a profit of Rs 22.24 billion, according to data compiled by LSEG data. The company's financing costs rose 31% in the quarter

India's Canara Robeco Asset Management Company files paper for IPO

Canara Bank will reduce its stake in the asset manager by 13% by selling 25.92 million shares via the listing. ORIX will sell 23.93 million shares

Govt plans incentives for steel sector to spur decarbonisation efforts

India will try to support the domestic steel industry through incentives for decarbonisation efforts, Steel Secretary Sandeep Poundrik

Dr Lal Path Labs Q4FY25 results: Net profit rises 83.2% to ₹155 crore

The company's consolidated net profit jumped 83.2 per cent year-on-year to Rs 1.55 billion (about $18 million) in the quarter ended March 31

Pahalgam attack: Pak airspace ban hits Indian airlines with higher costs

Air India's flights to the Middle East from New Delhi will now be forced to fly roughly an hour extra

Orient Electric Q4 profit jumps to ₹31.26 cr on strong summer demand

The company's profit rose to 312.6 million rupees ($3.66 million) in the quarter ended March 31, from 128 million rupees a year ago

India may allow up to 49% foreign investment in nuclear power plants

As the country seeks to shift away from coal, it is seeking to supplement wind and solar with atomic energy to meet high night-time energy demand

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