Page 3 - Reuters/workspace/business Standard Web/undefined

Dr Lal Path Labs Q4 FY26 results: Profit down 15.5%, revenue up 16.6%

Consolidated net profit fell to 1.31 billion rupees ($13.8 million) in the quarter ended March, from 1.55 billion rupees a year earlier

Rupee falls 0.5% to record low of 95.33 as oil price surge sparks worries

The reversal has prompted traders and analysts to suggest that fresh regulatory measures could be on the cards

BOE holds rates at 3.75%, warns Iran war may need forceful rate hikes

The Bank of England held interest rates at 3.75 per cent and flagged risks to inflation from the Iran conflict, particularly through higher energy and food costs

Mojtaba Khamenei says new phase ahead for Gulf, Strait of Hormuz after war

Iran's Supreme Leader signals a 'new phase' in the Gulf, raising concerns over Strait of Hormuz security and global oil supply disruptions

Sebi approves change of control at RBL Bank in Emirates NBD stake deal

Emirates NBD's proposal to buy a 60 per cent stake in RBL for $3 billion was announced in October 2025

Asian shares fall as Brent crude hits 4-year high on Iran war fears

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1 per cent on Thursday, but was still set for a 15 per cent gain this month

Foreign outflows rise to $20 bn from Indian shares in 2026, top 2025 peak

India, which imports 90 per cent of its energy needs and relies heavily on supplies from West Asia, is among the most vulnerable to the energy shock

Elon Musk testifies at trial that OpenAI's nonprofit status gave it 'halo'

OpenAI has said it created a for-profit entity to allow it to buy computing power and pay top scientists

US Fed keeps interest rates steady; three dissents against 'easing bias'

A fourth dissent at the meeting came in favor of a quarter-percentage-point rate cut

Gold slips as oil prices fuel inflation fears ahead of Fed chair remarks

Gold slips as rising oil prices stoke inflation fears and rate outlook uncertainty, with markets eyeing Fed Chair Jerome Powell's cues on policy path

Cities near Mumbai likely to raise funds via bonds for first time

Navi Mumbai and Panvel plan maiden bond issues, signalling momentum in India's municipal debt market to fund urban infrastructure projects

Rupee falls 0.3% to record closing low of 94.8450 amid oil price surge

The currency has drifted back toward record lows as the impact of central banks' rupee supportive measures faded, with concerns over India's exposure to higher energy prices weighing on sentiment

Vedanta Q4 results: Net profit rises to ₹6,698 cr on strong metal prices

The ‌Mumbai-based miner's consolidated net profit rose to ₹6,698 crore ($706.3 million) ​in the quarter ended ‌March ​31 from ‌₹3,483 crore a ‌year ago

European stocks fall as traders wait for tech earnings, Fed meeting

Analysts said the United Arab Emirates' decision to quit OPEC was unlikely to have a major near-term impact on prices, though ​it would weaken the oil producers' group

AWL flags 20% surge in oil-linked input costs amid West Asia conflict

The ‌pressures reflect a broader industry trend, with peers such as bottled water maker Bisleri and Dove soapmaker Hindustan Unilever raising prices to counter higher conflict-linked input costs

RBI intervention cushions rupee as oil strain brings record low into sight

The rupee declined ‌to a low of 94.80 per dollar in early trade, before paring losses to last quote at 94.73, down 0.2 per cent on the day

Gold investment demand tops jewellery buying for first time in India

Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable

HSBC names Gautam Anand to lead Global India private banking unit

Anand, a veteran banker with 25 years of experience, will oversee HSBC's global India private banking franchise across India and key international hubs

Centre proposes rules to allow higher ethanol-blended fuels in vehicles

The Ministry of Road Transport and Highways said the draft includes provisions for E85 fuel, a blend of ‌85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol

Trump unhappy with peace proposal, says Iran 'figuring out its leadership'

Iran's most recent offer for resolving the two-month war would set aside discussion of its nuclear programme until the conflict was concluded and shipping disputes resolved