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JSW Steel Q2 results: Profit rises fourfold to ₹1,623 crore on strong sales

The company kickstarts quarterly results for the industry, which has seen steel prices drop despite the Indian government's import tariff on some steel products

Trump says proposed 100% tariffs on China not sustainable, blames Beijing

Trump also confirmed he would meet with Chinese President Xi Jinping in two weeks in South Korea - a meeting he had cast doubt on last week - and expressed admiration for the Chinese leader

Putin-Trump summit may happen within 2 weeks, preparations ongoing: Kremlin

Trump and Putin agreed on Thursday to a hold a second summit on the war in Ukraine, provisionally in Budapest, following an August 15 meeting in Alaska that failed to produce a breakthrough

Tata Technologies Q2 results: PAT up 5% aided by non-auto business growth

(Reuters) -Indian engineering firm Tata Technologies reported a 5% rise in second-quarter profit on Friday, as growth in its non-automotive business cushioned weakness in its key auto-focused segment.

Shoppers Stop Q2 loss narrows to ₹20 crore, eyes festive demand boost

Shoppers Stop's consolidated net loss stood at ₹201.1 million ($2.29 million) for the quarter against a loss of ₹205.9 million a year earlier

HSBC forecasts gold to reach $5,000/oz in 2026 amid global uncertainty

"Gold rally likely sustained through 1H'26 by geopolitical risks, economic policy uncertainty and rising public debt," the bank said in a note

CEAT Q2 results: Net profit jumps 52.6% to ₹186 crore on strong tyre demand

Revenue from operations increased 14.2 per cent. Total expenses rose 12.2 per cent, with the cost of materials consumed climbing 9.6 per cent

Gold tops $4,300 amid rate cut bets, eyes biggest weekly gain since 2008

Spot gold rose 0.2% to $4,335.87 per ounce, as of 0929 GMT, after scaling another record high of $4,378.69 earlier. U.S. gold futures for December delivery jumped 1% to $4,348.90

SMBC rules out plans to raise stake in Yes Bank beyond current level

In August, SMBC received Reserve Bank of India's approval to buy up to 24.99 per cent stake in Yes bank from State bank of India and seven other shareholders after having inked a deal in May

Top Indian solar products maker Waaree to expand in US despite trade probe

Waaree, which has 16.1 GW of module making capacity in India and 2.6 GW in the US, is seeing strong US demand due to demand from data centres, manufacturing and transportation

Trump, Putin to hold another meeting after progress in Ukraine talks

Trump said he and Putin would soon meet in Budapest after a more than two-hour-long phone call he described as productive

Putin speaks on oil, gas, coal and nuclear at Russian Energy Week

Russia maintains its position as a leading oil producer, despite unfair competition being used against us, Putin said

IMF upgrades Asia's growth forecast, warns of risks from US-China tension

Trade tensions between US and China have intensified after Beijing expanded its rare earth export controls

Donald Trump, Vladimir Putin speak before Zelenskiy's White House visit

Zelenskiy will meet Trump on Friday to push for more military support, including potential long-range offensive missiles

Safe-haven surge, Fed rate-cut bets drive gold to new record highs

Spot gold was up 1.4% at $4,264.63 per ounce as of 11:06 a.m. ET (1506 GMT) after bullion touched a record high of $4,270.59 earlier

IT sector shows signs of recovery as clients warm up to AI-led projects

Infosys, which topped analyst estimates for profit and revenue in the second quarter, sees full-year revenue growth of 2-3%, compared with its prior view of 1-3%

Metro Brands misses profit estimates as demand weakens before tax cuts

Metro's quarterly revenue grew about 11% to 6.51 billion rupees, helped by e-commerce sales that have grown 39% from a year ago

Sebi aims to boost institutional participation in commodity markets

The regulator had said in August it was also considering extending equity derivatives contract tenures and limiting who can trade

Fintech Upgrade raises $165 million, targets IPO in 12 to 18 months

The round valued Upgrade at $7.3 billion pre-money, according to a source familiar with the matter, a 21.7% premium to its previous valuation

Cyient Q2 results: Net profit tumbles 40% to ₹1280 cr; revenue down 1%

Cyient had changed the way it reports its segment-wise revenue from the last quarter onwards, after it carved out its semiconductor business into a separate subsidiary unit