Page 757 - Reuters

Reliance Industries stops local petcoke sales, boosts imports: Reports

Reliance Industries has stopped selling petroleum coke within India and boosted imports of the product to turn it into synthetic gas to power its refineries

India's April-Dec fiscal deficit touches 60% of full-year target: Govt data

Net tax receipts rose to Rs 15.56 trillion while total expenditure was Rs 28.18 trillion, the data showed

P&G Hygiene and Health Care Q2 profit dips 2% to Rs 207 cr as costs surge

The company declared an interim dividend of 80 rupees per equity share

Shriram Finance Q3 profit more than doubles on higher interest income

The combined entity's profit surged to Rs 1,777 crore ($217.1 million) in the quarter ended Dec 31

Coal India Q3 results: Profit up 70% to Rs 7,756 cr on higher power demand

The Indian coal ministry expects Coal India to surpass its production target of 700 mln tonnes fixed for the current fiscal

Will keep investing in Israel: Gautam Adani after Haifa port takeover

Adani did not speak about his group's recent share sale or a scathing short-seller's report that has pummelled the Indian billionaire's stocks

Reserve Bank partially relaxes restrictions on SBM Bank up to March 15

Last week, the central bank had asked SBM to stop all transactions under the liberalised remittance scheme (LRS) until further notice

Jindal Steel Q3 results: Net profit drops 68% as export tax bites

The contribution of Jindal Steel's exports to its sales on a standalone basis fell to 5% in the quarter from 23% a year ago

Oil prices falls on US Fed interest rate hike worries, Russian export flows

Higher rates could slow the global economy and weaken oil demand

UPL posts smaller-than-expected Q3 profit of Rs 1,087 cr on higher costs

Total expenses rose 23.4% to Rs 12,313 crore in the quarter ended Dec. 31

Indian Oil Corp Q3 net dips 92% to Rs 448 cr on higher costs, forex losses

A 40% surge in input costs pushed up total expenses by 20.4% to Rs 2.30 trillion

Dollar rises ahead of US Fed decision, but set for fourth monthly drop

The US dollar index, which gauges the currency against major peers, was up 0.31% at 102.56 on Tuesday

Dollar set for fourth monthly drop as US Fed Reserve meeting looms

The euro rose as far as $1.0913 after data showed Spanish inflation running surprisingly hot in January, before the broader mood reeled it back to $1.0851

Oil steadies after falling on rate hike worries, Russian crude flows

Brent crude futures gained 28 cents to $85.18 per barrel by 0155 GMT, while U.S. West Texas Intermediate (WTI) crude futures were up 9 cents to $77.99

Emerging mkts growth slowdown bottomed out in 2022, but risks remain: IMF

Some 15% of low-income countries are estimated to be already in debt distress and 45% more are at high risk of getting there, with 1-in-4 emerging market economies also at high risk

IMF lifts 2023 growth forecast on China reopening, strength in US, Europe

The IMF said global growth would still fall to 2.9% in 2023 from 3.4% in 2022, but its latest World Economic Outlook forecasts mark an improvement over an October prediction of 2.7%

Russian gas supply hit pushes GAIL Ltd to scout for long-term LNG

ndia's largest gas distributor reported a 93% decline in its December quarter net profit as it transmitted less gas locally due to a reduction in liquefied natural gas (LNG) supply from a deal

Adani firms lose $65 billion in value as US short-seller battle escalates

Adani Transmission, Adani Total Gas, Adani Green Energy, Adani Power and Adani Wilmar fell between 5% and 20% on Monday

Economic survey likely to peg 2023-24 growth at slowest in 3-yrs: Report

According to the report, the survey will likely caution that pressure on the rupee could continue due to the tightening of monetary policy

Infrastructure finance company REC profit rises 5% in Q3 on lower expenses

India's state-owned infrastructure finance company REC Ltd on Monday reported a 5.1% rise in third-quarter profit, as it cut down its total expenses