Page 84 - Reuters

Shriram Finance Q1 results: PAT up 9% at ₹2,156 cr on healthy loan growth

The non-banking finance company (NBFC) reported an 8.8% year-on-year rise in standalone profit at ₹2,156 crore ($249.01 million) for the quarter ended June 30

Trump suggests US Federal Reserve may be ready to cut interest rates

The two men met on Thursday when Trump made a rare visit to the US central bank to tour its ongoing renovation of two buildings at its headquarters in Washington

Meta to halt political advertising on its platforms in EU from October

The European Union legislation, called the Transparency and Targeting of Political Advertising regulation and which will apply from October 10

Indian homebuilder Sobha's Q1 profit up 125% on premium housing demand

Indian real estate developers have capitalized on a post-pandemic shift in buyer preferences towards larger, amenity-rich apartments by securing land deals and swiftly launching new projects

SBI Card misses quarterly profit estimates as write-offs surge 32%

The company said gross write-offs jumped 32 per cent from a year earlier to 12.80 billion rupees

Alessandro des Dorides resigns as Nayara CEO; Sergey Denisov to take charge

The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine

Asian Paints seeks to quash antitrust probe, says probe order mishandled

Asian Paints told a Mumbai court that the CCI's July 1 order wrongly alleged its CEO warned raw material suppliers against dealing with Birla, threatening reduced business with the company

OpenAI may launch GPT-5 next month with o3 model integration: Report

OpenAI is reportedly preparing to launch GPT-5 in August, integrating its o3 model to enable broader functionality across multiple AI tools and tasks

Piyush Goyal hopeful of concluding US trade deal after 'fantastic' progress

Trump threatened a 26 per cent tariff on Indian imports in April but paused implementation to allow for talks

US slams French Prez Macron's decision to recognise Palestinian state at UN

Macron shared a letter to Mahmoud Abbas on X, confirming France's plan to recognise Palestine at the UNGA and rally support from other nations for the move

RBI to hold rates in August, expected to cut again later this year: Poll

Subdued inflation has allowed policymakers room to cut rates but with the economy expanding at a rapid 7.4 per cent rate

Asian stocks slip from highs, dollar gains ahead of crucial 'tariff' week

Japan's broad Topix index, which had jumped more than 5 per cent over the previous two sessions to reach an all-time high, pulled back 0.7 per cent

Trump wants Musk's firms to thrive in US, says he won't pull subsidies

Musk's SpaceX had been considered a frontrunner to build out Trump's $175 billion Golden Dome missile defense shield and remains a natural choice for key elements of the project

'Great Jeans': Sydney Sweeney campaign fuels American Eagle rally

The company has partnered with Sweeney for its fall season denim collection that includes a limited-edition denim jacket as well as a 'The Sydney Jean'

Adani to divest 50% copper tubes business, picks stake in MetTube India

Adani Enterprises will also take a 50 per cent stake in MetTube Copper India, the company said in an exchange filing

Two Tata Group firms plan India bond issues to raise ₹2,000 cr, bankers say

Tata Power Renewable Energy, a unit of Tata Power, is expected to raise about ₹1,000 crore via 10-year bonds, while Tata Communications may raise a similar amount through three-year notes

Bright spots emerge in corporate earnings as tariff uncertainty lingers

Companies have reported over July 16-22 a combined full-year loss of as much as $7.8 billion, with the automotive, aerospace and pharmaceutical sectors being hurt most by tariffs

Govt opposes EU plan for capital flow checks, cites sovereignty issues

The proposal, unusual in most free trade agreements, has raised concerns in New Delhi over limiting its ability to act unilaterally during crises

Trump set to visit Federal Reserve today, intensifying pressure on Powell

Trump's repeated criticism of Powell and talk of firing him has rattled markets, raising concerns over central bank independence-a cornerstone of the global financial system

Asian shares rally, Aussie dollar hits 8-month high on trade optimism

The Australian dollar, a common proxy for risk sentiment, fetched $0.66, just off $0.6604 hit earlier, which was the highest since November 2024