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Nestle India considering price hikes to counter commodity inflation

Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities

India's IT sector must revamp biz, create own language models: HCLTech CEO

The generative AI boom has threatened to disrupt business models for Indian IT companies that largely serve clients in the United States for operations support, providing software as a service

Manufacturing slump prompted Feb rate cut, says RBI MPC member Kumar

He said there was a concern about the weaknesses of the manufacturing sector, which is important for job creation, due to subdued urban consumption and slow growth of private investments

IIFL Finance likely to see a drop in annual earnings, says Fitch Ratings

Earlier this month, IIFL Finance reported an 8 per cent fall in loan assets under management to Rs 71,410 crore ($8.24 billion) for the first nine months of the fiscal year that ends in March

After three years of war, Trump may give Russian economy a lifeline

US President Donald Trump is pushing for a quick deal to end the war in Ukraine, alarming Washington's European allies by leaving them and Ukraine out of initial talks with Russia

Elon Musk's Starlink faces Chinese rivals to dominate satellite internet

Starlink has since 2020 launched more satellites into low-Earth orbit (LEO) - an altitude of less than 2,000 km - than all its competitors combined

EU, Israel to revive discussions on Gaza's future, regional politics

Ahead of today's meeting, the European Union's 27 member countries negotiated a compromise position that praises areas of cooperation with Israel while also raising concerns

Spend money wisely: Buffett warns US as Berkshire reports record profit

94-year-old Buffett, arguably the world's most famous investor, also acknowledged his advanced age in letter, telling shareholders he now uses a cane and will spend less time fielding their questions

Trump administration asks ICE to deport unaccompanied migrant children

Tens of thousands have been ordered deported over the same time frame, including more than 31,000 for missing court hearings, immigration court data show

Buffett's Berkshire posts record operating profit on insurance, investments

Fourth-quarter operating profit also set a record, rising 71 per cent to $14.53 bn, or about $1,010 per Class A share, from $8.48 bn a year earlier, reflecting gains in its insurance operations

Google to be hit with EU charges of breaching Big Tech rules: Report

The move by the European Commission comes amid tensions with U.S. President Donald Trump who has sided with U.S. tech giants lobbying against EU regulations and criticising fines as a form of tariff

Japanese group draws up plans for Tesla to invest in Nissan: Report

Some analysts, however, are doubtful of Tesla's interest in acquiring U.S. plants, citing its ample capacity at existing factories and first decline in yearly deliveries in 2024

Govt to cap EV charging investment for tariff relief as Tesla's entry looms

India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers import cars at a 15% tariff

US Treasury chief expresses 'serious concerns' in call with China

Friday's call came as China and the U.S. seek to manage their relationship as the world's two largest economies stand on the precipice of a renewed trade war

Swiggy to invest Rs 1k cr in supply chain unit Scootsy amid qcom expansion

Scootsy provides services such as warehouse management and processing to improve order deliveries and shipping processes for wholesalers and retailers

Govt may raise vegetable oil import taxes again to support local farmers

The government would take into account the impact of the decision on food inflation, said another government source who also did not wish to be identified, citing official rules

RBI announces mega $10 billion FX swap to infuse rupee liquidity

The RBI will conduct the buy/sell swap on February 28

RBI must infuse Rs 1 trillion by March to ease bank liquidity gap: Analysts

Since mid-January, the Reserve Bank of India has infused funds to counter a sharp decline in liquidity caused by its aggressive intervention in the foreign exchange market, among other factors

India's forex reserves fall to $635.72 billion, snapping 3-week rise

Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves

Investigating claims of customer data leak: Niva Bupa Health Insurance

If confirmed, this would be the latest in a string of data leaks that have plagued the sector in recent months