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Oil prices settle at 8-month low after disappointing US job numbers

US job growth slowed more than expected in July and unemployment increased to 4.3 per cent, pointing to raising fears of a possible recession

Forex reserves decline by $3.47 bn to $667.386 bn, shows RBI data

The Reserve Bank of India (RBI) intervenes in the foreign exchange market to curb excess volatility in the rupee

US sues TikTok, parent company ByteDance over children privacy violations

In March, a source told Reuters the FTC could resolve a probe into TikTok over allegedly faulty privacy and data security practices by either filing suit or reaching a settlement

US launches antitrust investigation into Nvidia over sales practices

Shares of the company fell around 3.6% in premarket trading on Friday

Global stock sell-off on slowdown concern pushes Indian rupee to record low

Investor sentiment soured after weaker-than-expected US factory data prompted growth concerns while tensions about a widening conflict in the Middle East weighed

Oil prices slide more than $2 as investors digest weak US job data

U.S. job growth slowed more than expected in July as unemployment increased to 4.3 per cent, pointing to possible weakness in the labor market and greater vulnerability to recession

Airlines avoid Mideast airspace, cancel Israel flights as tensions rise

Singapore Airlines on Friday appeared to no longer be using Iranian airspace for any of its routes

Dalmia Bharat Sugar Q1 results: Net profit falls 10.8% to Rs 54.73 crore

The company, which supplies sugar to companies like Coca-Cola, Britannia, Dabur, and Carlsberg, reported consolidated net profit of Rs 54.73 crore ($6.5 million), compared to Rs 61.34 crore year ago

US unemployment rate hits 4.3% in July as job growth slows considerably

The employment report also showed increase in annual wages last month was smallest in more than three years, effectively sealing the case for the U.S. central bank to cut interest rates in September

MedPlus Health Q1 results: Net profit surges 3.8 times to Rs 14.36 crore

Growth in the retail pharmaceutical sector has improved and is expected to sustain, according to analysts, as an improvement in medical infrastructure has resulted in better access to these platforms

Titan Q1 results: Net profit declines 5% to Rs 715 crore, misses estimates

The Tata group-owned company reported a 5% fall in consolidated profit to Rs 715 crore ($85.4 million) in the quarter ended June 30, from Rs 756 crore an year ago

Britannia Q1 results: Net profit rises to Rs 506 crore, misses estimates

Analysts, on average, had expected a profit of 5.36 billion rupees, according to data from LSEG

Hyundai, others lobby UP against hybrid support as Toyota rivalry deepens

Four separate company letters to Uttar Pradesh highlight the rivalry between automakers in a country where taxation is skewed in favour of EVs

Google parent Alphabet reduced stake in Crowdstrike before July outage

The company cut its stake to 427,895 class A shares from 855,789 shares, as of June 30

World food prices ease slightly in July, says UN; meat, sugar costs up

Prior to July, FAO food price index had risen for four consecutive months after hitting a 3-year low in February as prices receded from a record peak set in March 2022 after Russia invaded Ukraine

Intel shares to fall most in 24 years as it struggles with turnaround

Shares of the company were down about 20 per cent in premarket trading after Intel late forecast quarterly revenue below estimates

Sri Lanka needs to raise fiscal revenue to maintain economic stability: IMF

IMF has also provided Colombo and financial advisors of the country's bondholders an assessment on a provisional deal

Paris Olympics 2024: All you need to know from Leon Marchand to Teddy Riner

Simone Biles won her second gold medal of the Paris Summer Games on Thursday, delivering an electrifying performance

Byju's lender asks court not to quash insolvency proceedings against firm

Glas Trust says Byju and his brother Riju used money owed to lenders to clear the Indian cricket board's dues and that the insolvency proceedings should continue

Indian bonds seen a tad lower, yield holds 6.90% level before debt sale

New Delhi aims to raise 220 billion rupees ($2.63 billion) on Friday through the sale of bonds, which includes 10-year green bonds and a 30-year paper