Page 242 - Reuters/workspace/business Standard Web/undefined

India should join China-backed Asian trade bloc, says NITI Aayog CEO

In 2019, India decided to not join the bloc, on the grounds that the deal would hurt its farmers, businesses, workers and consumers

M&M Q2 results: Profit rises 13% to Rs 3,841 cr on higher SUV sales

It reported a 19 per cent rise in SUV volumes in the second quarter, while industry-wide volumes declined for the first time in over two years

Mercedes improved pollution management at plant: Maharashtra govt

The clearance is a relief for the German carmaker, India's top luxury car seller, which announced plans in January to launch over a dozen models and invest $24 million in the country this year

Taiwan to help companies move from China given likely Trump tariffs

"Multi-year and decadal programs like the CHIPS Act and the agreements we have signed are regularly continued from one administration to the next," it said in a statement on Thursday

Trump's presidential win emboldens dollar bulls as they brace for tariffs

But prospects of heightened inflation could make policymakers wary of overheating the economy by cutting rates too deeply

COP29: What are the main issues at the UN climate summit in Baku?

The acronym dominating this year's summit is NCQG - which stands for the New Collective Quantified Goal

Boeing, Airbus to share Taiwan's China Airlines passenger jet order

The US is Taiwan's most important international backer and arms supplier despite a lack of formal diplomatic ties, and China Airlines' majority owner is the Taiwan government

What Trump's 2024 presidential election win means for Asian companies

The U.S. government has yet to approve Nippon Steel's $14.9 billion bid for U.S. Steel, a politically sensitive deal due to opposition from the U.S. firm's labour union

MSCI adds 5 Indian stocks to key index; Nuvama sees $2.5 billion inflows

MSCI said there would be 156 Indian stocks in the index, but that is only one-fourth of China's 598, signalling scope for further inclusion of Indian stocks on the index

India equity clearing corporations need diverse ownership: Sebi official

In June, Sebi set up a committee to review the ownership structure of clearing corporations to ensure greater independence and resilience

Trump win to test limit of presidential power; Harris vows to fight

Trump's campaign said Biden called Trump to congratulate him and invite him to a meeting at the White House at an unspecified time

DBS posts record quarterly profit, sees 2025 dip from tax changes

The bank also announced that its board had established a new share buyback programme of S$3 billion

Indian rupee drops to all-time low of 84.28 on bullish dollar outlook

Traders expect the Reserve Bank of India to continue intervening to prevent sharp moves in the rupee, which is evident in the currency's muted implied volatility compared to its regional peers

Qualcomm chip sales to Chinese smartphone makers fuel strong results

Qualcomm's derived 46% of its revenue in its most recent fiscal year from customers with headquarters in China

Trump win-fuelled rally in dollar, US fed rates to keep rupee under strain

The rupee suffered its worst day in 4-1/2 months on Wednesday, mirroring the slump in other Asian currencies amid uncertainty over what a Trump presidency will bring

Bumble posts quarterly sales drop amid slow payoff from dating app overhaul

Bumble said total paying users across its apps increased to 4.3 million in the third quarter ended Sept. 30, from 3.8 million a year earlier

2024 to be world's hottest ever since records began: EU scientists

The world has not breached that target - which refers to an average global temperature of 1.5C over decades - but C3S now expects the world to exceed the Paris goal around 2030

Biden administration sets stage for 2nd oil, gas auction in Alaska refuge

The new environmental document was published the day after Trump defeated Biden's vice president, Kamala Harris, in the presidential election

Why China's economy would be more vulnerable to Trump tariffs this time

Producer price inflation was 4.6 per cent in July 2018 when Trump's first tariffs came into effect. In September 2024 this stood at minus 2.8 per cent

India's veg oil imports likely to decline further in 2024-25, says SEA

Weather has been favourable for Indian crops this year, resulting in higher production of soybean and ground nuts, Mehta said, adding that rapeseed output was also expected to rise