Page 4 - Reuters

Varun Beverages posts quarterly profit rise on higher volumes, lower costs

Varun Beverages net profit ​rose 36 per cent to ₹252 crore ($27.87 million) in the quarter ended December 31

Xi Jinping meets Uruguay leader, calls for 'equal, multipolar world'

This is first visit by a South American leader to the Chinese capital since the United States invaded Venezuela in January and captured then President Nicolas Maduro in a raid

India likely to buy petroleum, defence goods, aircraft from US under deal

Trump announced a trade deal with India that slashes US tariffs on Indian goods to 18% from 50% in exchange for India halting Russian oil purchases and lowering trade ​barriers

Indian refiners likely to need wind-down period to halt Russian oil imports

Indian companies have already booked cargoes loading in February and arriving in March, so a wind-down period would be needed to fulfil existing commitments

Gold, silver surges after sharp selloff, up over 2% from one-month lows

Gold rose nearly 13 per cent in January in its biggest monthly gain since November 2009, while silver jumped 19 per cent

OpenAI unsatisfied with Nvidia chips and looking for alternatives: Report

Nvidia said it intended to pour as much as $100 billion into OpenAI as part of a deal that gave the chipmaker a stake in the startup, gave OpenAI the cash it needed to buy the advanced chips

OpenAI launches Codex app for Desktop to gain ground in AI coding race

OpenAI on Monday introduced a desktop app for Codex, designed to help users manage multiple AI agents and automate coding-related tasks amid rising competition in AI development tools

Gold, Asian stocks surge as metal markets calm, US factory data lifts

Gold and Asian equities rebounded on Tuesday as trading conditions steadied following sharp swings in metals markets, with sentiment helped by stronger-than-expected US factory data

Expiry of nuclear treaty should alarm the world, says Dmitry Medvedev

The US has suggested that China, the world's third largest nuclear power by number of warheads, should join arms control talks. Beijing has indicated no willingness to join

Govt in talks to allow Alipay+ link to its instant payment systems: Report

The talks between Indian government and central bank officials and Singapore-based Ant International, which was founded by China's fintech giant Ant Group

Oil prices fall 5% as Trump signals de-escalation in US-Iran tensions

Oil dropped sharply from the previous sessions, when Brent touched a six-month high and ​WTI was hovering near its highest since late September on mounting tensions between the United States and Iran

RBI shores up rupee after Budget underwhelms bond, equity investors

The rupee appeared on course to open near its all-time low of 91.9875 per dollar, but the RBI's intervention helped shore it up to 91.60, a gain of 0.4 per cent from its closing level on Friday

Budget slows fiscal consolidation but remains 'neutral' for growth: Fitch

The government will target a ‌debt-to-GDP ratio of 55.6 per cent ​for 2026-27, resulting in a fiscal deficit of 4.3 per cent of GDP, Finance Minister Nirmala ‍Sitharaman said

US pitches Venezuelan crude to India as its Russian oil imports slow

India became a major buyer of Russian oil after Russia's invasion of Ukraine in 2022 triggered Western sanctions that drove down its price

Rising oil, gas, and LNG demand pulls global commodity traders to India

As consumption growth slows in most major economies, trading firm executives told the India Energy Week conference that they see opportunities across crude, refined fuels and liquefied natural gas

Gold extends losses on firm dollar, silver recovers from over 3 week low

The dollar clung onto its gains as investors weighed what a US Federal Reserve under Warsh might look like, with his preference for a smaller balance sheet

KKR-led group nears deal to buy Singapore data-center firm STT GDC: WSJ

KKR-led consortium with Singtel nears a deal to acquire ST Telemedia Global Data Centres, valuing the firm at over $10 billion amid surging AI-driven demand

India clears foreign funding of manufacturing equipment, boosting Apple

In India, unlike China, Apple was concerned that if it paid for machines for its contract manufacturers, Indian law could consider that ​a so-called "business connection" and impose taxes

Budget 2026 'tactical', not a 'breakthrough', says Moody's Ratings

The economy is seen growing at 7.4 per cent in ‌the current financial year, with ​inflation likely to be near 2 per cent

Centre to borrow record ₹17.2 trillion in FY27, bond supply tops estimates

The net borrowing will rise to ₹11.73 trillion next fiscal ​from ₹11.33 trillion for the current fiscal, according to the budget. India's fiscal year runs April through March