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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

4% inflation focus may not signal 'higher for longer' rates: MPC members

"The focus, therefore, naturally shifts to the next stage of bringing the inflation to the target level," said Varma, adding that there is no ambiguity in the eventual inflation goal of 4%

In a letter, Toyota lobbies Centre to cut hybrid car taxes as much as 21%

India taxes EVs at just 5 per cent, while the levy on hybrids is as high as 43 per cent, just below the 48 per cent imposed on petrol cars

Global billionaire tax could yield $250 billion: EU Tax Observatory

If levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics said

Foxconn faces tax audit and land use probe, says Chinese state media

China's natural resources department also conducted on-site investigations on the land use of Foxconn enterprises in Henan and Hubei provinces

US budget gap soars to $1.7 trillion, largest outside Covid-19 era

The Treasury Department said the deficit was the largest since a covid-fueled $2.78 trillion gap in 2021

YES Bank posts 47% rise in Q2 profit helped by drop in loan-loss provisions

That was lower than analysts' average forecast of Rs 2.61 billion, according to LSEG data

JSW Energy Q2 profit jumps 83% to Rs 850 crore on power demand surge

The company, part of billionaire Sajjan Jindal-led JSW Group, saw its consolidated net profit rise to Rs 850 crore in the quarter ending Sept. 30, compared with Rs 466 crore a year ago

Russia makes up 40% of Indian crude oil imports, dents OPEC's share

Lower purchases from the West Asia dragged the share of pec in India's overall imports to the lowest in 22 year

Miners race to realise graphite projects as China controls exports

To stay ahead in a fast-changing industry, carmakers have been investing directly in mining projects to ensure future supplies of battery inputs

China's graphite curbs will accelerate plans for alternatives, say analysts

China's decision may escalate trade disputes globally and spur other countries to prioritize research into alternative sources and materials, industry executives said

US veto at UN to shield Israel could compromise its Ukraine rallying cry

US Ambassador Linda Thomas-Greenfield justified Wednesday's veto by telling the council more time was needed for diplomacy

At or near peak for interest rate target: US Federal Reserve's Mester

Mester noted Fed forecasts released at the September meeting eyed another increase in what is currently a federal funds target rate range of between 5.25% and 5.5% by the end of the year

Tensions high in occupied West Bank as Israel fears 'third front'

More than 80 Palestinians have been killed in West Bank violence since October 7 and Israel has arre­sted more than 900 people

EU wants free trade deal with India for 'real' mkt access: Spain's Minister

"There is an enormous interest from the member states, but only if there will be an access to the real market, without which the deal would be emptied"

Paytm Q2 results: Loss narrows as revenue jumps 32% on strong loan growth

Paytm, one of the country's first startups to go public, said revenue increased 32% to Rs 2,519 crore in the second quarter, from Rs 1,914 crore a year earlier

Bitcoin hits two-month high above $30,000 in volatile trading week

Bitcoin, the largest cryptocurrency by circulation, climbed as high as $30,022, its highest since July 23. It was last up 4% on the day