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Trading volume in dollar-rupee NDF hits record high on arbitrage activity

Banks executed NDF trades worth more than $161 billion at the offshore hub, a sharp rise of 140 per cent from a year ago, data from Clearing Corporation of India showed

China's consumer prices stall in 2024 due to feeble domestic demand

A combination of job insecurity, a prolonged housing downturn, debt and tariff threats from the incoming administration of US President-elect Donald Trump has hit demand

California fires: Hollywood Hills burn as 'the big one' engulfs Los Angeles

More than 100,000 people were ordered to evacuate as dry, hurricane-force winds spread flames across parched ground that has seen no rain for months

Tata Elxsi Q3 results: PAT falls 3.6% to Rs 199 cr, revenue at Rs 939 cr

The company's revenue from operations rose 2.7 per cent to Rs 939 crore ($109.40 million) for the quarter ended Dec. 31, below analysts' estimate of Rs 969 crore

China's auto exports may be slow in 2025, EV shipments to face zero growth

The outstanding growth in China in a largely stalling global EV landscape bode well for local leaders such as BYD , Geely and Xiaomi

Rupee's slide may continue despite higher rate cut expectations: Survey

The rupee is currently overvalued by 8 per cent compared to its trading peers, according to RBI data on the real effective exchange rate

Little change in oil prices as markets weigh demand against US inventories

Global oil demand is expected to remain strong throughout January, fuelled by colder than normal winter conditions

Aggressive pricing for Exim Bank's $1 bn debt hints at another robust year

Exim sold 10-year dollar-denominated bonds at 5.50 per cent, a spread of 100 basis points above the US Treasury yield and 30 bps below its initial guidance

After record sales in 2024, Mercedes plans to open 20 new outlets in India

Rapid economic growth in India has wrought a fundamental shift in attitude towards luxury purchases among its younger generations

Aerospace firms gird for protectionism under Trump, says Airbus CEO

Airbus is expected to announce later on Thursday that it made 766 deliveries in 2024, up 4 per cent from the previous year

Small, mid-cap funds boost overall flows into equity MFs in December

Inflows into equity mutual funds rose to Rs 41,156 crore ($4.8 billion) last month compared to Rs 35,943 crore in November 2024

As South Korea's Yoon awaits fate, his party sees signs of revival

Yoon, suspended from duties after his short-lived imposition of martial law on Dec.3 and under criminal investigation for possible insurrection

Govt to sign pact with Mongolia soon in area of geology and exploration

Mongolia is rich in deposits of copper and coking coal, and India is mostly dependent on imports to meet rising demand for the red metal

RBI eases curbs on NBFCs as compliance improves after supervisory actions

High interest rates and tighter regulations have been cited as contributors to weak demand and a slowdown in India's economic growth

RBI's new Guv initiates review of inflation, growth forecasting tools

Malhotra, who took charge last month, is asking the RBI's internal teams to include new datasets, analysis and projections in their inflation and growth forecasts

South Korea's Yoon to accept court decision even if it ends presidency

The suspended president has defied repeated summons in a separate criminal investigation into allegations he masterminded insurrection with his Dec. 3 martial law bid

Focus shifts to Tibet earthquake survivors as search operations called off'

The epicentre of Tuesday's 6.8 magnitude quake, one of the Chinese region's strongest tremors in recent years, was in Tingri

Oil prices edge down for second day straight on rising US fuel inventories

Both benchmarks fell more than 1 per cent on Wednesday as a stronger dollar and the bigger-than-expected rise in US fuel stockpiles weighed on prices

Apollo plans to expand in Japan, add staff to its Asia wealth business

The New York-based asset manager aims to add around 10 people in Japan to accelerate its expansion in the country

US settles with Johns Hopkins over 'discrimination' against Arabs, Jews

The university has agreed to review its anti-harassment policies and to provide training to staff and students