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US strikes destroyed only one of three Iranian nuclear sites: Report

The report said that US officials believe the attack on Iran's Fordow nuclear facility was successful in setting back enrichment capabilities there by as much as two years, citing two current official

Axis Bank Q1 results: Profit dips 3.8% to ₹5,806 cr on bad loan provisions

The country's fourth-largest private lender by market capitalisation reported a standalone net profit of 58.06 billion rupees ($674.8 million) for the quarter ended June 30

Denmark aims to build world's most powerful quantum computer, Magne

Microsoft, which has its largest quantum lab in Denmark, will provide software and Atom Computing will build the quantum computer

Iron ore imports likely to rise on JSW steel demand, falling prices

JSW Steel meets its iron ore requirements through a combination of captive mines and external purchases. It plans to add 1.5 million to 2 million tons of annual capacity at its Vijayanagar plant

Sebi looks to extend tenure of derivatives contracts, says official

The surge in derivatives trading, which has also been driven by retail investors, has prompted the Sebi to limit the number of contract expiries

TSMC posts 60% jump in quarterly profit, handily beats market forecast

Benefiting from surging demand for advanced chips used in artificial intelligence applications, Taiwan Semiconductor Manufacturing Co said net profit for April-June climbed to $13.53 billion

Trump tariffs may cost South Africa 100,000 jobs: Central bank chief

Kganyago told local radio station 702 that the impact of the 30 per cent tariff, which Africa's biggest economy faces from August 1, could cause significant damage to specific industries

Not planning to fire Federal Reserve Chair Jerome Powell, says Trump

Trump is open to the idea of firing Powell, a source told Reuters on Wednesday before Trump said he wouldn't, even as he unleashed a new barrage of criticism against the Fed chair

Nvidia CEO Huang calls Chinese AI models 'world class', lauds innovation

Huang spoke briefly at the opening ceremony of a supply chain expo, one day after the AI giant said it would once again be able to sell its highly popular H20 chips in China

WTO overhaul targets fairer trade, easier decision-making to end paralysis

Trump's sweeping tariffs have forced countries to line up to negotiate bilateral trade deals with Washington, bypassing the multilateral framework

Angel One posts lower quarterly profit on derivative trading curbs

The company's consolidated profit fell to $13.3 million in the three months ended June 30, compared with Rs 293 crore a year earlier.

India's Russian oil imports up slightly in January-June, shows data

India, the world's third-largest oil importer and consumer, received about 1.75 million barrels per day of Russian oil in January-June this year, up 1% from a year ago, the data showed

Morgan Stanley profit rises as trading gains from market volatility

Institutional Securities, which houses the bank's Wall Street operations, posted revenue of $7.6 billion in the second quarter, compared with $7 billion, a year ago

Goldman's profit jumps as market turbulence powers record equities trading

The results capture a growing trend of market turmoil boosting trading desks across Wall Street as investors rebalance their portfolios to manage tariff-related risks

Gold imports in June fall to two-year low as record price dents demand

Domestic prices hit an all-time high of 101,078 rupees per 10 grams in June. Gold prices have risen 27 per cent so far this year after rising 21 per cent in 2024

Embassy Reit plans to tap debt market with ₹2,000 crore bond sale

The real estate investment trust will look to close the funding round before the end of this month

Ind, US inflation data hint downward bias on dollar-rupee forward premiums

India's retail inflation hit a six-year low in June, while US consumer prices rose at their fastest pace since February, with higher goods costs hinting at tariff effects

Oil prices gain on summer demand expectations despite wider economy woes

Major oil producers are pointing to signs of better economic growth in the second half of the year while data from China showed consistent growth

Cinepolis bets on blockbusters to drive double-digit India revenue growth

Western studios are counting on this summer to reverse a downtrend worsened by the 2023 Hollywood writers' strike

Air India crash rekindles decades-old debate over cockpit video recorders

Advocates for cockpit video cameras say the footage could fill in gaps left by the audio and data recorders, while opponents say concerns about privacy