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Reuters

Reuters

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

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

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Adani Wilmar sees Q2 standalone revenue to rise 16% on higher sales volumes

Rival Marico, which makes the "Parachute" coconut oils, said on Wednesday it expects Q2 consolidated revenue to grow in the high single-digit percentage range

Adani Wilmar sees Q2 standalone revenue to rise 16% on higher sales volumes
Updated On : 04 Oct 2024 | 11:58 PM IST

Banks' group entities cannot be used to circumvent guidelines: RBI

The central bank has made the suggestion in a draft circular on 'forms of business and prudential regulations for investments' released on Friday

Banks' group entities cannot be used to circumvent guidelines: RBI
Updated On : 04 Oct 2024 | 11:28 PM IST

Carmakers don't plan price changes to China-made EVs after EU backs tariffs

MG Motor France said tariffs were "excessive" and hamper Europe's green transition

Carmakers don't plan price changes to China-made EVs after EU backs tariffs
Updated On : 04 Oct 2024 | 9:54 PM IST

US job growth accelerates in Sep, unemployment rate declines to 4.1%

The initial payrolls count for August has typically been revised higher over the past decade. Estimates for September's job gains ranged from 70,000 to 220,000

US job growth accelerates in Sep, unemployment rate declines to 4.1%
Updated On : 04 Oct 2024 | 7:38 PM IST

NSE pays $76.5 million to settle algorithmic trading software case

The settlement clears a hurdle in the initial public listing of the country's largest stock exchange, for which it had first applied in 2016

NSE pays $76.5 million to settle algorithmic trading software case
Updated On : 04 Oct 2024 | 7:31 PM IST

India 10-year bond yield at 3-week high on West Asian conflict concerns

The benchmark 10-year yield ended at 6.8339%, the highest since Sept. 12, compared with its previous close of 6.7765%. On a weekly basis, the yield rose seven basis points

India 10-year bond yield at 3-week high on West Asian conflict concerns
Updated On : 04 Oct 2024 | 5:53 PM IST

Forex reserves top $700 bn, India becomes 4th country to cross this mark

India is only the fourth economy in the world to cross $700 billion in reserves after China, Japan, and Switzerland

Forex reserves top $700 bn, India becomes 4th country to cross this mark
Updated On : 04 Oct 2024 | 5:35 PM IST

Meta must limit data use for targeted advertising, rules top EU court

Schrems took his grievance to an Austrian court, saying he had been targeted by advertisements as a result of Meta's personalised advertising based on processing personal data

Meta must limit data use for targeted advertising, rules top EU court
Updated On : 04 Oct 2024 | 4:37 PM IST

Germany's Thyssenkrupp loses fight against EU veto of Tata Steel JV

EU competition enforcer said the deal, which had aimed to tackle over-capacity and other challenges in the steel industry, could result in price hikes

Germany's Thyssenkrupp loses fight against EU veto of Tata Steel JV
Updated On : 04 Oct 2024 | 2:59 PM IST

EU governments face pivotal vote today for imposing Chinese EV tariffs

In the absence of a qualified majority either way, the EU executive can adopt the tariffs, however, it could also submit an amended proposal if it wanted to secure greater backing

EU governments face pivotal vote today for imposing Chinese EV tariffs
Updated On : 04 Oct 2024 | 2:31 PM IST

EU headed for 'economic cold war' with China: Hungary's PM on EV tariff

Earlier on Friday data showed Hungary's industrial output falling by a worse-than-expected 9.5 per cent in August, which Budapest said was due to the weakness of the German economy

EU headed for 'economic cold war' with China: Hungary's PM on EV tariff
Updated On : 04 Oct 2024 | 2:30 PM IST

Israeli strike closes off road used to flee Lebanon: Transport minister

The escalating fighting between Hezbollah and Israel has raised fears that the United States and Iran will be sucked into the Middle East conflict raging on several fronts

Israeli strike closes off road used to flee Lebanon: Transport minister
Updated On : 04 Oct 2024 | 2:26 PM IST

Japanese PM Ishiba asks cabinet to compile fresh stimulus package

The fresh package will include payouts to low-income households and subsidies to local governments

Japanese PM Ishiba asks cabinet to compile fresh stimulus package
Updated On : 04 Oct 2024 | 1:06 PM IST

Singapore announces new measures to tackle money laundering activities

Singapore intends to flag and strike off companies that are inactive, increase data sharing across government agencies, and from next week educate non-regulated sectors

Singapore announces new measures to tackle money laundering activities
Updated On : 04 Oct 2024 | 1:04 PM IST

Seven & i to start majority stake sale in supermarkets by year-end: Nikkei

Seven & i has been under pressure from investor ValueAct Capital in recent years to improve its asset allocation and has sold down stakes in other lower-performing assets

Seven & i to start majority stake sale in supermarkets by year-end: Nikkei
Updated On : 04 Oct 2024 | 12:58 PM IST

Belgium's Verlinvest to double its bets in India's growing consumer market

The firm, which has over 2 billion euros in assets under management, counts brands such as vegan milk maker Oatly , coconut water seller Vita Coco, and pet products retailer Chewy in its portfolio

Belgium's Verlinvest to double its bets in India's growing consumer market
Updated On : 04 Oct 2024 | 12:32 PM IST

Musk to attend Trump rally in Pennsylvania at July assassination bid site

Musk, the CEO of Tesla and owner of X, called Republican presidential candidate Trump "tough" and officially endorsed him after he survived an assassination attempt in Butler on July 13

Musk to attend Trump rally in Pennsylvania at July assassination bid site
Updated On : 04 Oct 2024 | 12:25 PM IST

As demand slows, PMI services growth hits a ten-month low in September

For more than three years, the index has stayed above the 50-mark separating expansion from contraction

As demand slows, PMI services growth hits a ten-month low in September
Updated On : 04 Oct 2024 | 11:13 AM IST

Jakson Green nears $476 mn fundraise for renewables capacity expansion

A growing number of Indian companies are expanding their renewable energy capacity and raising funds as the government aims to add at least 500 GW of clean energy by 2030 to reduce emissions

Jakson Green nears $476 mn fundraise for renewables capacity expansion
Updated On : 04 Oct 2024 | 11:06 AM IST

Macron holds pitch meeting with Wall Street as budget worries mount

Macron spoke about the likelihood of increasing taxes to fund the country's budget, and was also candid about France's economic challenges

Macron holds pitch meeting with Wall Street as budget worries mount
Updated On : 04 Oct 2024 | 10:55 AM IST