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JSW Infra Q4 result: Net profit up 10% at Rs 330 cr on higher cargo volumes

The company, part of steel-to-energy conglomerate JSW Group, said consolidated net profit rose to Rs 330 crore ($39.6 million) in the quarter, from Rs 300 crore a year ago

US job growth slowed in April; nonfarm payrolls increased by 175,000

Financial markets boosted the odds of a September rate cut and saw the U.S. central bank reducing borrowing costs twice this year instead of only once before the data

Google defends app store, fighting Epic Games' push for major reforms

Google made its filing in San Francisco federal court, where Epic last year persuaded a jury that the tech giant unlawfully stifled competition with its controls over apps downloads

Govt to buy back Rs 40,000 crore worth of sovereign bonds, says RBI

The securities offered for buyback are 6.18% GS 2024, 9.15% GS 2024 and 6.89% GS 2025, the Reserve Bank of India said in a statement

RBI proposes tighter rules for under-construction infra project financing

Indian banks had seen large defaults across infrastructure loans starting 2012-2013 on account of exuberant lending, which led to a strain on the country's banking system

Tesla vs Tesla: US carmaker sues Indian namesake for trademark infringement

During the hearing, the Indian company, Tesla Power India Pvt Ltd, argued its main business is to make "lead acid batteries" and it has no intention of making electric vehicles

Banks' loans rose 19% in two weeks to April 19, deposits up 13%: RBI data

Outstanding loans fell Rs 98,700 crore ($11.84 billion) to Rs 16,400,000 crore in the two weeks to April 19

Titan Q4 results: Net profit up 7% at Rs 786 crore, revenue rises 17%

The company's reported a profit of Rs 786 crore ($94.2 million) in the quarter ended March 31, up 7.1% from last year, but missing analysts' expectation of Rs 799 crore as per LSEG data

Raymond Q4 results: Profit jumps 18% to Rs 229 cr on strong realty demand

The company, which sells clothes to luxury homes, said its consolidated profit rose to 2.29 billion rupees ($27.5 million)in the three months to March 31, compared with 1.94 billion rupees a year ago

Dollar swap option returns to India after RBI rule change for lenders

The central bank, effective Friday, expanded the range of products banks can offer to eligible corporates, which included swaptions, or an option to enter into an interest rate swap

World food prices up in April for second consecutive month, says UN agency

Dairy prices edged down, ending a run of six consecutive monthly gains

Diageo names Nik Jhangiani as new CFO as it recovers from profit warning

Diageo shares rose by more than 1.5% in early trading, outperforming the FTSE 100 index

Shortage of heavy oil spells higher cost for shippers, road builders

Prolonged OPEC supply cuts and international sanctions on Venezuela, Iran and Russia had already led to shortages of heavier crude

Israeli cyber security startup Apex gets initial investment from Sam Altman

"We started Apex to build the extra layers of security that's needed for enterprises to adopt (AI)," said Apex's CEO, Matan Derman

Govt bond yields flattish; focus remains on debt sale, US jobs data

The benchmark 10-year yield was at 7.1620% as of 10:00 a.m. IST, following its previous close of 7.1598%

Asian stocks surge on tech boost; yen extends gains to end volatile week

With markets in Japan and mainland China closed on Friday, regional trading activity is likely to be subdued as traders look ahead to the U.S. nonfarm payrolls data later in the day

Indian rupee to keep in a tight range amid RBI intervention: Report

The RBI has kept the rupee in a narrow range against the dollar and is only down about 0.3% this year unlike most of its Asian peers which have weakened a lot more

Yen set for strongest week in over a year; dollar waits on US jobs

The yen rose to a session-high of 152.895 per dollar in early Asia trade and was set to clock a weekly gain of more than 3 per cent , its largest since December 2022

Apple unveils record $110 bn buyback as results beat low expectations

Apple increased its cash dividend by 4 per cent and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history

US approves Exxon-Pioneer deal, alleges shale founder colluded with Opec

Former Pioneer CEO Scott Sheffield coordinated efforts with U.S. shale oil producers to constrain their output and raise energy prices, the Federal Trade Commission said