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The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers

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Page 776 - Reuters/umtmi

Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft

The ascent of ChatGPT, a chatbot from Microsoft-backed OpenAI that could disrupt how consumers search for information, has been one of the biggest challenges to Google in recent memory

Google unveils ChatGPT rival Bard, AI search plans in battle with Microsoft
Updated On : 07 Feb 2023 | 11:32 PM IST

NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report

Currently, NABARD is getting necessary certifications and approvals to comply with the market regulators' guidelines on green debt issuance, a company official said

NABARD aims to raise Rs 3000-5000 cr in debut green bond issue: Report
Updated On : 07 Feb 2023 | 11:23 PM IST

Adani group stocks price surge after $113 billion market value wipeout

-Shares in India's Adani Group rallied on Tuesday a day after it prepaid some loans, bringing relief to investors that have seen $113.6 billion wiped off.

Adani group stocks price surge after $113 billion market value wipeout
Updated On : 07 Feb 2023 | 5:45 PM IST

Indian shares end lower in volatile session ahead of RBI's rate decision

BENGALURU (Reuters) -Indian shares struggled for direction on Tuesday before closing lower, as markets see-sawed between optimism that the Reserve Bank of India will pause rate hikes.

Indian shares end lower in volatile session ahead of RBI's rate decision
Updated On : 07 Feb 2023 | 5:36 PM IST

Aditya Birla Fashion reports steep drop of 92% in profit for Dec quarter

BENGALURU (Reuters) - Indian apparel retailer Aditya Birla Fashion and Retail Ltd reported a steep 92% drop in third-quarter profit on Tuesday, hurt by soaring marketing expenses.

Aditya Birla Fashion reports steep drop of 92% in profit for Dec quarter
Updated On : 07 Feb 2023 | 5:10 PM IST

Chambal Fertilisers reports 26% slump in Q3 profits on weak demand

(Reuters) - India's Chambal Fertilisers and Chemicals Ltd reported a near 26% slump in quarterly profit on Tuesday after a weak demand due to erratic monsoon led to a pile-up of unsold stock.

Chambal Fertilisers reports 26% slump in Q3 profits on weak demand
Updated On : 07 Feb 2023 | 4:15 PM IST

Banks' exposure to Adani group 'insufficient' to pose credit risk: Fitch

MUMBAI (Reuters) -The exposure of banks to the embattled Adani Group is 'insufficient in itself' to present a substantial risk to credit profiles of these lenders, Fitch Ratings said in a note.

Banks' exposure to Adani group 'insufficient' to pose credit risk: Fitch
Updated On : 07 Feb 2023 | 3:30 PM IST

ONGC to explore investing in Argentina gas assets: Chairman Arun Kumar

The company also signed a memorandum of understanding with Argentina's state oil company YPF for hydrocarbon cooperation

ONGC to explore investing in Argentina gas assets: Chairman Arun Kumar
Updated On : 07 Feb 2023 | 2:33 PM IST

Google opens Bard chatbot to test users, plans more AI for search

In a blog post, Alphabet Chief Executive Sundar Pichai said his company is opening a conversational AI service called Bard to test users for feedback

Google opens Bard chatbot to test users, plans more AI for search
Updated On : 07 Feb 2023 | 1:55 PM IST

Petronet seeks additional LNG of 0.75 to 1 mn tonnes from Qatar, says CEO

India's top gas importer Petronet LNG is seeking additional Liquified Natural Gas (LNG) of 0.75 to one million tonnes per annum (mtpa) from Qatar, the company's Chief Executive A.K. Singh said

Petronet seeks additional LNG of 0.75 to 1 mn tonnes from Qatar, says CEO
Updated On : 07 Feb 2023 | 12:00 PM IST

SBI has 'well-manageable' exposure to embattled Adani Group: CreditSights

CreditSights pointed out that the country's largest lender has a provision reserves buffer of around 338 billion rupees ($4.08 billion), or around 1% of net loans

SBI has 'well-manageable' exposure to embattled Adani Group: CreditSights
Updated On : 07 Feb 2023 | 11:45 AM IST

Rupee set for muted open; US yields soar, 82.90 per dollar level in focus

The non-deliverable forward suggests that the rupee will open at around 82.68-82.74, compared with 82.7250 in the previous session

Rupee set for muted open; US yields soar, 82.90 per dollar level in focus
Updated On : 07 Feb 2023 | 9:18 AM IST

Novatek in talks with Indian firms on LNG, may consider payment in rupees

Russia supplied Europe with some 17 million tonnes of LNG last year, up about 20% from 2021 volumes, Refinitiv Eikon data showed on Tuesday

Novatek in talks with Indian firms on LNG, may consider payment in rupees
Updated On : 07 Feb 2023 | 8:57 AM IST

Oil prices rise on supply concerns, China demand outlook brightens

Brent crude futures rose 40 cents, or 0.5%, to $81.39 per barrel by 0117 GMT, while West Texas Intermediate futures rose 43 cents, or 0.6%, to $74.54 per barrel

Oil prices rise on supply concerns, China demand outlook brightens
Updated On : 07 Feb 2023 | 8:40 AM IST

Dollar climbs as Treasury yields pop on further US Fed rate hike forecasts

Markets were still reeling from the shock of Friday's jobs report, which showed that non-farm payrolls surged by an eye-watering 517,000 in January, well above expectations

Dollar climbs as Treasury yields pop on further US Fed rate hike forecasts
Updated On : 07 Feb 2023 | 8:26 AM IST

Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan

"We continue to monitor publicly available information and liquidity of the securities, and in case of market disruption or confirmed default event"

Adani Group still eligible for CEMBI, JACI, JESG indices: JP Morgan
Updated On : 07 Feb 2023 | 7:25 AM IST

India will not merge GST tax rates in 2023-24: Revenue Secretary Malhotra

"Right now, we are just looking to maintain stability (in tax rates), a stable tax regime. Minor changes will always be there... major taxation change like merger of tax rates

India will not merge GST tax rates in 2023-24: Revenue Secretary Malhotra
Updated On : 06 Feb 2023 | 11:20 PM IST

JK Paper Q3 profit more than doubles to Rs 329 cr on robust demand

JK Paper Ltd reported its profit more than doubled in the third quarter, on the back of higher demand for copier papers and packaging boards from schools and offices post-pandemic

JK Paper Q3 profit more than doubles to Rs 329 cr on robust demand
Updated On : 06 Feb 2023 | 11:03 PM IST

Muthoot Finance December quarter profit beats estimates on high gold prices

BENGALURU (Reuters) - Muthoot Finance Ltd reported a third-quarter profit on Monday that beat analysts' estimates, as higher gold prices boosted demand during the festive season

Muthoot Finance December quarter profit beats estimates on high gold prices
Updated On : 06 Feb 2023 | 9:42 PM IST

LIC Housing Finance December quarter profit declines 37% as costs weigh

India's LIC Housing Finance Ltd reported a 37% decline in third-quarter profit on Monday, hit by higher financing costs and as impairment charges more than doubled

LIC Housing Finance December quarter profit declines 37% as costs weigh
Updated On : 06 Feb 2023 | 8:50 PM IST