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US economy in Q4 slows to 2.3%, robust spending keeps rate cut hopes alive

Gross domestic product increased at a 2.3 per cent annualized rate last quarter after accelerating at a 3.1 per cent pace in the July-September quarter

Tata Consumer Products Q3FY25 results: Net profit remains flat at Rs 279 cr

Tata Consumer, known for its 'Tetley' tea and its namesake brand of salt, was hurt by rising costs of domestic tea

Mastercard's Q4 profit jumps on resilient consumer spending, shares up 3.7%

Mastercard's net income rose to $3.34 billion, or $3.64 per share, in the three months ended Dec. 31, compared with $2.79 billion, or $2.97 per share

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations

Shell raises shareholder dividend despite 16% profit drop; shares rise

The oil major also announced a $3.5 billion share buyback for the current quarter, making this the 13th consecutive quarter of at least $3 billion of share repurchases

ECB cuts interest rates, keeps door open for further policy easing

It was the fifth ECB rate cut since June and markets expect two or three more this year, driven by arguments that the biggest inflation surge in generations is nearly defeated

American jet crash: Don't believe there's any survivor, says official

28 bodies had been recovered from the river so far, in what was shaping up to be the deadliest US air disaster in more than a decade

Despite foreign money exodus, fund managers in Davos see India appeal

Foreign portfolio investors have withdrawn more than $31 billion from Indian equity markets since October, provisional exchange data shows

Shree Cement Q3FY25 results: Net profit falls 72.5% to Rs 193 crore

The company's consolidated net profit plunged 72.5 per cent to Rs 193 crore ($22.3 million) in the quarter ended Dec. 31

PSUs drive market gains on hopes of higher govt spending in upcoming Budget

State-owned companies gained about 2 per cent, with analysts attributing the rise to expectations of government focus on public spending and infrastructure in the Budget announcement

Gold prices rise as investors remain worried over potential Trump tariffs

Investors now await the December US personal consumption expenditures (PCE) price index report on Friday

Cigna falls short of Q4 profit estimates due to higher medical costs

The plan, called "stop-loss insurance", entails the insurer covering for employers' self-funded plans when their costs surpass a certain threshold due to catastrophic or unexpected medical claims

Drugmaker Takeda's CEO Weber to step down, raises profit forecast

Julie Kim, president of the company's U.S. unit, was named to succeed Weber in June 2026

Germany's GDP falls 0.2% in Dec qtr, recession fears return ahead of poll

Germany's gross domestic product fell by 0.2% in the fourth quarter compared with the previous three-month period, preliminary data from the statistics office showed on Thursday

Prices of rice exported from India steady at 18-month low on muted demand

India's 5% broken parboiled variety was quoted at $429-$435 per metric ton this week, unchanged from last week. Indian 5% broken white rice was quoted at $432 to $440 per ton this week

Abu Dhabi fund ADQ, Orion team up to invest $1.2 bn in metals, mining

The partners will invest through different asset classes, including equity, senior debt and production-linked instruments, such as royalties

RBI files bankruptcy application against Aviom India Housing Finance

The RBI also appointed Ram Kumar, the former chief general manager of state-run Punjab National Bank as the administrator for Aviom

India braces for warmer Feb, wheat crop, rapeseed output may be at risk

As the world's second biggest wheat producer, India is counting on a bumper harvest in 2025 to avoid costly imports, following three straight years of poor crop yields since 2022

Dr Lal Path Labs Q3FY25 results: Net profit jumps 19% to Rs 96.7 crore

The company's consolidated net profit rose to Rs 96.7 crore ($11.2 million) in the three months to Dec. 31, from Rs 81.3 crore a year earlier, but fell short of analysts' estimate of Rs 97.69 crore

Palestinian militants begin handover of 3 Israeli hostages in latest deal

Three hostages were expected to be taken to three different hospitals in Israel, though that could change depending on their immediate inspection from doctors upon arrival