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Aramco CEO expects additional oil demand of 1.3 mn bpd this year

Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024, he said

Gold prices hit over 2-month peak as dollar slips on signs of Trump tariffs

Spot gold climbed 0.4 per cent to $2,719.52 per ounce by 1059 GMT, reaching its highest level since Nov. 6 and nearing the all-time high of $2,790.15 set in October

India Cements Q3 results: Loss widens to Rs 307 cr on pricing, demand woes

The company, owned by UltraTech Cement, said its losses before exceptional items and taxes, for the quarter ended December, widened to Rs 307 cr ($35.5 million), from loss of Rs 50.24 cr a year ago

Dalmia Bharat Q3FY25 results: Net profit falls 77% to Rs 61 crore

Consolidated net profit for the October-December period slumped 77 per cent on-year to Rs 61 crore ($7.05 million) and revenue fell 12 per cent to Rs 3,181 crore

ICICI Prudential Life Q3 results: Net profit increases 43% to Rs 326 cr

The life insurer reported a standalone profit of Rs 326 crore (about $38 million) for the quarter ended Dec. 31, compared to Rs 227 crore a year ago

Indian IT sector's talent management to evolve, says Infosys CTO at Davos

India's No.2 software services exporter is one of several IT companies that use 'pyramid' model - where a company employs highest number of staff at entry level, and fewer at each subsequent levels

Govt bond yields slip on signs of gradual tariff approach from Trump

The 10-year benchmark bond yield ended at 6.7373 per cent, the lowest level since Dec. 13, as compared with Monday's close of 6.7610 per cent

Tata Technologies Q3 results: Net profit falls marginally to Rs 169 crore

Consolidated profit after tax fell marginally to Rs 169 crore ($19.52 million) in the October-December quarter, from Rs 170 crore a year ago

Rupee ends little changed, dollar regains footing on Trump's tariff plan

While the local unit touched a peak of 86.2825 early in the session, it trimmed the gains on the back of broad-based dollar bids and a 0.5 per cent rise in the dollar index after it touched a two-week

Indian refiners seek crude after US sanctions disrupt Russia oil supply

The tenders come more than a week after Washington announced sweeping sanctions targeting Russian producers and tankers

Trump supporters who stormed US Capitol begin to leave prison after pardon

Donald Trump is ushering in a Golden Age for people that break the law and attempt to overthrow the government

Global companies likely to be affected by Trump's promised tariffs

US automaker Tesla encouraged its Chinese suppliers to set up plants in Mexico in 2023 to mainly supply its planned factory in Mexico

Chipmaker TSMC says all its sites operating following Taiwan quake

Taiwan lies near the junction of two tectonic plates and is prone to earthquakes

Shares of Asian car and battery makers decline as Trump gets to work

The volatility in Asian shares within hours of Trump's inauguration highlights how policy shifts under Trump could squeeze big manufacturers in some of Washington's closest allies in the region

Trump lifts freeze on LNG export permit applications, scraps Biden's policy

The Republican's executive order, which was expected, effectively reverses a pause on permits for new projects that former President Joe Biden put in place in early 2024

Global companies likely to be affected by Donald Trump's promised tariffs

Here are companies that may be affected

Donald Trump effectively pulls US out of global corporate tax deal

The European Union, Britain and other countries have adopted the 15 per cent global corporate minimum tax, but the US Congress never approved measures to bring the US into compliance with it

Donald Trump announces DOGE advisory group, attracting instant lawsuits

Failed Republican presidential candidate Vivek Ramaswamy was a co-chair but has left to run for elected office, Trump spokesperson Anna Kelly said

Oil prices fall as traders digest Trump tariff reprieve, stronger dollar

Brent crude futures were down $1.52, or 1.9 per cent, at $78.63 per barrel at 1406 GMT. US West Texas Intermediate crude futures were down by $2.14, or 2.8 per cent, at $75.74

Some Asian car and battery makers hit as US President Trump gets to work

But Chinese manufacturers bucked the trend, with stocks opening higher after Trump did not target China in his inauguration speech or immediately impose tariffs