Page 6 - Reuters

Nestle India Q3FY26 results: Profit jumps 46% as GST rate cuts boost demand

The Indian unit of Swiss food major Nestle said net profit ‌rose to ₹1,018 crore ($110.77 million) for the quarter ended December 31

India gold premiums at decadal high; China demand undeterred by price rise

Bullion dealers in India charged a premium of up to $121 per ounce this week over official domestic gold prices

Vedanta targets listing demerged units on Indian exchanges by mid-May: CFO

Vedanta's restructuring will spin off 4 businesses - steel and ferrous metals, oil and gas, aluminium, and power - into separately listed companies, while its base metals ‌unit will remain with parent

Apple warns memory costs are starting to bite as makers prioritise AI chips

Samsung, the world's second-largest smartphone maker, also bracing for the impact of the chip shortage, with its mobile business profit slumping 10 per cent in the fourth quarter.

Gold plunges as hawkish Fed chair bets rise, set for best month since 1980

Bullion falls over 4 per cent on speculation over a tougher Fed chief, but remains up more than 20 per cent in January amid safe-haven demand

Rupee leans on RBI support to soften imapct of flows, weak Asian cues

The rupee is down about 2.3 per cent so far this month and is headed for its worst monthly performance since September 2022

Asian stocks choppy, eye best month in 3 yrs as Trump averts govt shutdown

S&P 500 e-mini futures slid 0.4 per cent and Nasdaq e-mini futures were off 0.5 per cent, while precious metals were choppy after a flash crash

'Japanese automakers explore ties with Shriram after MUFG investment'

Since the deal was announced, MUFG has fielded calls from automakers seeking to grow sales, for instance by offering preferential financing through Shriram

Britain, China hail reset in ties as Starmer seeks 'sophisticated' bond

Britain and China signalled a reset in relations as PM Keir Starmer met President Xi Jinping to boost trade, investment and cooperation amid global uncertainty

Russia invites Zelenskiy to Moscow as US-led push for Ukraine peace grows

The Kremlin said Russia has renewed its invitation to Ukraine's President Zelenskiy for talks in Moscow as US-mediated efforts to end the war gain momentum

Nvidia, Microsoft, Amazon in talks to invest up to $60 bn in OpenAI

Nvidia, Microsoft and Amazon are in talks to invest up to $60 billion in OpenAI, as rising AI costs and competition fuel a new funding push

Samsung, SK Hynix warn AI boom may squeeze PC, smartphone chip supply

Samsung, SK Hynix warn AI boom may squeeze PC, smartphone chip supply

DBS Bank sees rupee weakening to 93-94, flags need for inflow measures

Foreign investors have withdrawn roughly $4 billion from local equities in January, with bankers noting that external commercial borrowing and net foreign direct investment inflows also remain subdued

RBI likely defers plan to mandate climate risk disclosures by banks

The Reserve Bank of India's (RBI) proposed norms, which had been under discussion with banks since 2022

India's gold demand to fall in 2026 as jewellery slump offsets investment

Demand for gold could stand between 600 metric tons and 700 metric tons, compared to 710.9 tons last year, which was the lowest in five years

RBI to keep interest rates steady at 5.25% through 2026: Reuters poll

The central bank has lowered benchmark borrowing costs by a cumulative 125 basis points since February 2025

Gold nears record $5,600 as investors seek safety, silver close to $120

Prices jumped past the $5,000 mark for the first time on Monday and have gained more than 10 per cent so far this week

Petrobras renews oil deals with Indian refiners worth more than $3.1 bn

The agreements represent a sales potential up to 60 million barrels, with a total value that may exceed $3.1 billion, Petrobras said

From icon to also-ran: Puma's long slide as rivals Adidas and Anta loom

Puma was the no. 3 in sportswear after Nike and Adidas until recent years, competing to churn out cool sneakers and win top athletes and soccer-team sponsorships

India plans seasonal adjustment for industrial output in data revamp

A discussion paper from the ministry, released on Wednesday, said using a new methodology could improve economic signals without causing excessive revisions