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US consumers see lower inflation, debt delinquency risk: NY Fed survey

Households on average saw inflation over the next year at 2.9 per cent, down from 3.0 per cent in September and the lowest estimate for near-term price increases in four years

Wall Street performance muted as focus moves to key US inflation data

Some of the stocks expected to perform well under President-elect Donald Trump's presidency gave back gains. Tesla , which has soared nearly 40% since Nov. 5, fell 2.5%

Netflix's ad-supported tier hits 70 million monthly active users globally

The plan, priced at $6.99 per month in the US, now accounts for more than half of all new Netflix sign-ups in regions where it is available

Indian wheat prices hit record high due to strong demand, supply crunch

The record prices are likely to lift retail inflation that surged to a 14-month high in October, driven by a jump in vegetable prices and dashing hopes of an interest rate cut by the RBI next month

IOC aims to wrap Panipat, Gujarat, Barauni refineries expansion by Dec 2025

The Gujarat refinery expansion was initially scheduled for completion by mid-2024, while the Panipat expansion has also been delayed by over a year

Samvardhana Motherson Q2FY25 results: Net profit rises 4-fold to Rs 880 cr

Indian automakers reported a decline in shipments to dealers for the first time in more than two years during the July-September quarter, to help manage the excess inventory

EU tells Apple to end geo-blocking on its services such as App Store

The EU said Apple had one month to propose commitments on it would address the geo-blocking it had identified

Bond yields flattish; inflation data cements delayed policy easing view

The benchmark 10-year bond yield ended at 6.7958%, compared with the previous close of 6.7874%

Russian oil output broadly stable in Oct at 9.01 mn barrels per day: Opec

This was slightly above the quota agreed by the Opec+ group of leading oil producers, which includes Opec and allies such as Russia

MedPlus Health Q2: Net profit more than doubles to Rs 38.74 crore

The company reported consolidated net profit of Rs 38.74 crore ($4.6 million) for the quarter ended Sept. 30, compared to Rs 14.56 crore a year ago

Norway okays $1.6 bn govt takeover of extensive gas pipeline network

Norway in 2023 announced plans to nationalise most of its vast gas pipeline network, a major processing plant and other infrastructure when many existing concessions expire in 2028

Opec cuts forecast for 2024 oil demand growth, lowers projection for 2025

The Organization of the Petroleum Exporting Countries in a monthly report said world oil demand will rise by 1.82 million barrels per day in 2024, down from 1.93 million bpd it expected last month

Host nation Azerbaijan defends oil, gas sector at COP29 amid West criticism

Azerbaijan's oil and gas revenues accounted for 35 per cent of its economy in 2023, down from 50 per cent two years earlier. The government says these revenues will decline to 22 per cent by 2028

Samvardhana Motherson Q2 results: PAT rises over four-fold to Rs 880 crore

Indian automakers reported a decline in shipments to dealers for the first time in more than two years during the July-September quarter, to help manage the excess inventory

Wall Street bonuses likely to rise for first time since 2021: Consultant

Investment bankers in debt underwriting are projected to receive the biggest surge in bonuses of 25% to 35% for 2024, the estimates showed, buoyed by a resurgence of activity

BASF India Q2FY25 results: PAT falls 14% to Rs 128 cr on higher input costs

Net profit fell to Rs 128 crore ($15.2 million) for the three months ended Sept. 30, from Rs 149 crore a year earlier

Nestle and P&G probe palm oil sourcing after Indonesia deforestation claims

Some images, which RAN said were taken during a field investigation in February 2024, showed that oil palm seedlings were planted on burnt ground surrounded by fallen trees inside the reserve

AstraZeneca raises expectation for next year profits after Q3 performance

AstraZeneca now expects 2024 revenue and core earnings per share to grow by a high-teens percentage, from a previous forecast of a mid-teens percentage at constant currency rates for both revenue

Shaping up as refining hub, will rely on fossil fuels until 2040, says Puri

The minister said there are "robust discussions" among state-owned and private refiners to scale beyond 310 mtpa, which might be achieved even before the targeted 2028

Dollar roars with bitcoin as Trump trades shine; euro, yuan slump

The euro languished at a seven-month trough and the yuan slumped to its lowest in more than three months, with Europe and China both targets of potential Trump tariffs