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Tyremaker MRF misses Sep-qtr profit estimates as input costs weigh

Tyre manufacturer MRF Ltd missed second-quarter profit estimates on Tuesday, as soaring input costs and supply chain issues weighed, offsetting a rise in revenue

Dollar catches footing in Asia trade ahead of US midterm elections

Some analysts say that outcome could be positive for bonds and negative for the dollar if it leads to less fiscal stimulus

Asian stocks rise on China reopening hopes, track Wall Street movement

Wall Street ended sharply higher Monday as investors focused on Tuesday's midterm elections that will determine control of Congress

Financial markets closed today for holiday, to resume trading on Nov 9

India's currency, debt and equity markets will be closed on Nov 8 for a domestic holiday

Oil prices fall in choppy trade on account of mixed China Covid-19 signals

Brent crude futures fell 65 cents to settle at $97.92 a barrel. Earlier in the session, they rose to a session high of $99.56 a barrel, the highest since Aug. 31

Tyremaker Ceat's Q2 net slumps 81% on higher input costs, revenue up 18.1%

Ceat's revenue from operations rose 18.1% to Rs 28.94 billion in the quarter

Paytm reports 76% rise in Q2 revenue to Rs 1,914 cr on surge in loan growth

Consolidated net loss widened to Rs 5.71 billion from a loss of Rs 4.73 billion a year earlier, the company said in an exchange filing

ONGC applies to retain 20% stake in Russia's Sakhalin-1 oil and gas project

"Yes," said the person when asked if ONGC has applied to retain its stake in the project

October fuel demand rises 3.4% year-on-year to 18.37 million tonnes

Sales of bitumen, used for making roads, were 11.5% lower, while fuel oil use edged up 0.9% in October

Oil slips on demand concerns but holds near $100 a barrel as dollar weakens

Brent crude futures fell by 39 cents, or 0.4% to $98.18 a barrel by 1306 GMT. U.S. West Texas Intermediate crude fell by 47 cents, or 0.51%, to $92.14

Apple distributor Redington Q2 profit up as India sales of phones rise

The iPhone distributor's quarterly revenue rose to 190.51 billion rupees from 152.87 billion rupees a year ago, per the filing. Apple, its single largest vendor, accounted for 27% of the revenue

Ukraine President Zelensky warns of more attacks on energy infrastructure

Ukraine's President Volodymyr Zelensky warned against more potential Russian attacks on energy infrastructure, while the mayor of Kyiv urged residents to consider preparing to leave temporarily

Forex reserves jump likely fuelled by revaluation, forward book changes

India's forex reserves rose by $6.5 billion to $531.1 billion in the week through Oct. 28, marking their biggest weekly increase since September 2021, data released by the Reserve Bank of India showed

State Bank of India's stock hits record high on 'best-in-class' results

Shares of State Bank of India (SBI) climbed nearly 5% to an all-time high on Monday after the country's largest lender reported a record quarterly profit

Britannia Industries' shares jump nearly 10% after Q2 profit beat

Shares of India's Britannia Industries Ltd rose as much as 10% on Monday, after the Good Day and Tiger biscuits maker reported late Friday a 28.4% jump in second-quarter consolidated net profit

Dollar gains as China sticks to strict Covid policy, souring risk sentiment

The dollar gained 0.9% on the Chinese offshore yuan to 7.237 in early Asia trade, while the risk-sensitive Australian and New Zealand dollars were also among the biggest losers

Foxconn says working to resume China production as soon as possible

Foxconn said in a statement that the provincial government in Henan, where Zhengzhou is located, "has made it clear that it will, as always, fully support Foxconn in Henan".

Oil prices fall more than 2% as China sticks to strict zero-Covid policy

Brent crude futures dropped $1.58, or 1.6%, to $96.99 a barrel by 2336 GMT, after hitting as low as $96.50 earlier.

SoftBank expected to face further weakness in tech stocks at Q2 earnings

SoftBank Group Corp is expected to face further weakness in tech stocks when it reports second-quarter earnings on Friday, after two brutal quarters that have shaken Masayoshi Son's tech conglomerate

What is 'loss and damage' compensation at COP27 and who should pay?

The COP27 summit follows a year of such disasters, from floods that killed more than 1,700 people in Pakistan to drought withering crops in China, Africa and the U.S.