Page 7 - Reuters

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

Pine Labs reports ₹423.9 million Q3FY26 profit as digital payments surge

Indian fintech firms have continued to benefit from strong growth in cashless transactions, rising merchant adoption and a renewed investor appetite

SBI Life Q3 profit rises 5% to ₹5.77 billion as tax cuts lift demand

The insurer's net profit rose to 5.77 ​billion rupees ($62.87 million) for the three months ended December 31, from 5.51 billion rupees a year earlier

Amazon bungles Wednesday layoff plan with misfired internal email

The email sent on Tuesday signed by Colleen Aubrey, senior vice president of applied AI solutions at AWS, wrongly said that impacted employees in the US, Canada and Costa Rica

WhatsApp unveils strict account settings to safeguard users: What's new

The new features called "Strict Account Settings," is a one-click button in WhatsApp's settings that activates a series of defenses

Gold's blistering rally continues past $5,200 as dollar drops to 4-year low

Spot gold rose 0.6 per cent to $5,219.97 per ounce, as of 0153 GMT, after scaling a record high of $5,224.95 earlier, up more than 20 per cent since the start of the year

Chinese buyers, sellers expect gold rush to continue despite record prices

Gold prices surpassed $5,100 per ounce on Monday after a 62 per cent surge in 2025. The record-breaking run has been propelled by central bank buying to reduce reliance on the US dollar

Citigroup names new leaders with corporate banking focus, memo shows

Strengthening the investment banking unit is a central pillar of Jane Fraser's broader effort to revive the global financial group's performance

US stocks mixed: S&P 500 at record, Medicare proposal hits insurers

Boeing swung to a fourth-quarter profit, and gained 1 per cent , while General Motors advanced 9.2 per cent after reporting higher fourth-quarter core profit

RBI proposes disaster relief framework for banks, seeks feedback

The ‍proposed rules will kick in from April 1. The central bank ‍has ‍sought feedback from ‌stakeholders and public until February 17

Meta inks $6 bn deal with Corning for AI data center fiber cables: Report

Corning's optical connectivity products are among key components required to support the massive computing and data transmission demands at data centers

RBI brings forward ₹1 trillion bond purchases to ease liquidity pressure

The RBI bought 3 ​trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record 5.7 trillion rupees

Aviation reforms in focus as India air show attracts global players

Analysts and industry executives will be looking for signals from government ​officials at the show on how India plans to ease airspace congestion in major cities

German investment in China rises to four-year high amid US trade war

German companies invested over $8 billion in China in 2025, a 55% jump from recent years

Offers of Venezuelan oil limited, most going to US, say Indian refiners

Indian refiners say only small volumes of Venezuelan crude are being offered as most supplies are directed to the United States

HPCL seeks Venezuelan crude to boost heavy oil processing at refineries

HPCL hopes to start crude processing at its 180,000 bpd Barmer refinery in Rajasthan by the end of January, making it India's 2nd -largest state-run refiner, behind Indian ‌Oil Corp

India, China reduce electricity emissions growth, offsetting US coal surge

Analysts say clean energy growth in Asia offset increased coal-fired generation in the US, limiting overall emissions growth in 2025

China halts import, sale of Sun Pharma's Alzheimer's drug after inspection

In 2024, the ​USFDA issued a warning letter to Sun Pharma alleging 'significant violations' of 'current good manufacturing practice' ‍regulations for pharma made at the same production site in India

Microsoft rolls out next-gen AI chips, targets Nvidia's software edge

Google has garnered interest from major Nvidia customers like Meta Platforms, which is working closely with Google to close one of the biggest software gaps between Google and Nvidia AI chip offerings

Samsung to start producing HBM4 chips from Feb for Nvidia supply: Report

Samsung plans to start production of HBM4 chips starting next month and supply them to Nvidia, sources close to the matter reportedly said