Page 511 - Reuters/14

Marico Q3 results: Profit rises 17% to Rs 383 crore, beats estimate

The consumer goods manufacturer reported a net profit of Rs 383 crore ($46.1 million), up nearly 17% from last year, and surpassing analysts' estimate of Rs 374 crore as per LSEG data

Brokers, traders differ on proposal to extend derivatives trading: Sebi

Brokers will firm up their opinion on the matter in a couple of months, after which investors will be consulted, Madhabi Puri Buch said at a brokers' forum in Mumbai

Heritage Foods Q3 results: Profit surges 96% on strong dairy demand

Earlier this month, analysts at HDFC Securities said the demand for organised dairy products in India is going up due to rising income and a preference for healthier options

Bajaj Finance Q3 results: Net profit jumps 22.4% to Rs 3,639 crore

Consolidated numbers include the businesses of the lender's subsidiaries, Bajaj Housing Finance and Bajaj Financial Securities

Piramal Enterprises Q3 results: Consolidated net loss stood at Rs 2,378 cr

During the quarter, the group made a regulatory provision of Rs 3,540 crore with regard to its investments in AIFs as per the Reserve Bank of India's (RBI) mandate

ECB's next move is 'a cut' but policymakers spar on timing: Report

The ECB kept its key rate unchanged at a record high 4% last Thursday but sounded confident that inflation was coming under control

Crude oil edges lower on China worries as tensions fester in West Asia

Brent crude futures dipped 23 cents to $83.32 a barrel by 0937 GMT while U.S. West Texas Intermediate crude futures edged down by 27 cents to $77.74

Rupee ends little changed as focus turns to Budget, US Fed decision

The rupee closed at 83.1325 against the U.S. dollar, barely changed from its close at 83.1150 in the previous session

Shriram Finance sees assets under management growth slowing to 15% in FY25

"For this year, we may end up at an AUM growth of around 20% because the first three quarters have been good," Umesh Revankar said

Cold snap helps India's wheat crop but warm weather forecasts pose risk

A long cold spell helped wheat during its vegetative growth, but a rise in temperatures, expected in the next few days, could impact the crop during the crucial grain formation stage

Union Budget 2024: India likely to register 7% economic growth in FY25

Finance Minister Nirmala Sitharaman will present the budget on Feb. 1, factoring in the growth projections

No links with drone strike in Jordan that killed US soldiers: Iran

The attack is a major escalation of the already tense situation in the Middle East, where war broke out in Gaza after an attack by Palestinian Islamist group Hamas on Israel on Oct

American-led negotiators close in on Gaza agreement to halt fighting

"The abhorrent alleged acts of these staff members must have consequences," Secretary General Antonio Guterres said Sunday, referring to the UN Relief and Works Agency

US to announce billions in subsidies for advanced chips, says report

Among the likely recipients of the subsidies, Intel has projects underway in Arizona, Ohio, New Mexico, and Oregon that will cost more than $43.5 billion, the paper said

YES Bank's Q3 net rises to Rs 231 cr helped by drop in loan-loss provisions

India's Yes Bank said third-quarter net profit more than quadrupled, helped by a drop in loan-loss provisions and healthy growth in loans, but the result still fell short of expectations

Oil settles at highest in nearly eight weeks on strong economic growth

Both benchmarks made weekly gains of more than 6%, marking their biggest weekly increase since the week ending Oct. 13 after the start of the Israel-Hamas conflict in Gaza

Global stock index edges up, dollar falls after US inflation reading

The MSCI world equity index, which tracks shares in 49 nations, gained 0.12%, after earlier hitting its highest level in almost two years

Oil edges higher, on track for weekly gain on strong economic growth

Brent crude futures were up 53 cents, or 0.7%, at $82.93 a barrel by 1:48 p.m. ET (1848 GMT), and touched $83.57, their highest price since November

Adani to start data collection for Mumbai slum redevelopment in February

The survey will be done in two parts with a pilot phase first executed within three to four weeks with a few hundred residents. The full exercise will take nine months

H&M to shut a quarter of Spanish stores and lay off 588 employees

The company will carry out the layoffs for unspecified organizational, productive and economic reasons, unions CCOO and UGT said in a joint statement