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Adani Total's Dhamra LNG terminal expansion not imminent: CEO Lamba

Lamba said the 5 million tons per annum (mtpa) LNG terminal on India's east coast operated at an average utilisation rate of 25 per cent in 2024

TN govt officials to visit Samsung plant in bid to resolve workers dispute

The union backing the protest has said the workers involved in the sit-in will only return to work if Samsung agrees to reinstate the three suspended workers

RBI imposes curbs on New India Co-operative Bank on supervisory concerns

The bank's advances reduced to 11.75 billion rupees as of March 31, 2024, from 13.30 billion rupees a year earlier. Its deposits rose to 24.36 billion rupees from 24.06 billion rupees

United Breweries Q3 results: Profit falls to Rs 86.73 cr, revenue up 7%

The Kingfisher beer-maker's standalone profit before exceptional items and tax fell to Rs 86.73 crore ($9.99 million) in the quarter ended December, compared to Rs 116 crore a year ago

Trump aims to cut US trade deficit with India, push for fair trade deal

Trump's meeting with Modi will aim to build on defense sales to ensure they are prioritizing American technology, an official said

NTPC in talks with foreign firms of US, Russia for small modular reactors

NTPC has sought government permission to take forward the discussions, Pal said, but added that no country apart from China and Russia has operating SMR systems

Brazil nixes Brics currency, eyes less reliance on 'mighty' dollar

Brazil is pushing reforms within Brics to ease international payments in local currencies, opening the door to less dependence on the dollar for global trade

India's EV makers: Here's how they are expanding their charging networks

Government-owned fuel retailers Indian Oil, Bharat Petroleum and Hindustan Petroleum have together installed one of India's largest EV charging networks across at least 18,000 locations

Tata Motors plans to double EV charging stations to 400,000 by 2027

The 'Mega Charger' network, which the company said would feature 120-kilowatt fast-charging guns, will be open for use to other EV manufacturers

EU demands inclusion in peace deal on Ukraine after Trump-Putin phone call

Trump's unilateral overture to Putin, accompanied by apparent concessions on Ukraine's principal demands, raised alarm for both Kyiv and the European allies in Nato

Under threat of Trump tariffs, UK posts rare goods trade deficit with US

The Office for National Statistics said Britain's goods trade balance with the US showed a deficit of 164 million pounds ($205 million) in the fourth quarter

Moody's forecasts strong 2025 profit on rising demand for data, analytics

Moody's forecast an annual adjusted profit of $14 per share to $14.50 per share, above analysts' estimates of $13.58, according to data compiled by LSEG

Manappuram Finance Q3FY25 results: Net profit halves to Rs 282 crore

The company's consolidated net profit halved to Rs 282 crore ($32.5 million) in the quarter, missing analysts' average estimate of Rs 459 crore, as per data compiled by LSEG

Buyout firms compete to acquire cybersecurity company Trend Micro: Report

In November, Trend Micro said third-quarter net sales rose 6 per cent to 68.1 billion yen for a 42 per cent jump in operating income to 14.8 billion yen, as its operating margin rose to 24 per cent

New season supplies keep India, Vietnam rice prices at multi-month lows

India's 5% broken parboiled variety was quoted at $416-$425 per metric ton this week, down from last week's $418-$428

Rupee's two-day RBI-driven surge peters out despite rally in regional peers

The Reserve Bank of India (RBI) is believed to have intervened heavily on Monday to prevent the rupee from breaching 88 per dollar and then again on Tuesday for further support

Sebi seeks greater access to social media records to curb market violations

This is the second time since 2022 that the Securities and Exchange Board of India (Sebi) has sought such powers, with approval from the government still pending

Oil prices drop amid Ukraine-Russia peace talks, rising US crude stocks

Russia is the world's third-largest oil producer and sanctions imposed on its crude exports after its invasion of Ukraine nearly three years ago have supported higher prices

Musk will pull OpenAI bid if ChatGPT maker remains non-profit, say lawyers

Musk sued Altman and others in August and has asked a US district judge to block OpenAI's attempt to transition to a for-profit entity

Govt expects $200 million worth missile deal with Philippines this year

The Akash missile system developed by India's defence research body has drawn interest from the Philippines