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Wall Street rises, yields fall in choppy trade as Fed keeps rates unchanged

US central bank said the economy continued to expand at a solid pace, it noted that risks of higher inflation and unemployment had risen as it grapples with the impact of Trump's tariff policies

Policybazaar parent PB Fintech's new India hospital venture raises $218 mn

The venture, PB Health, will use the funds to set up four to five hospitals in and around New Delhi by 2027

US Fed holds rates steady, cites risk of higher inflation, unemployment

The Fed's policy rate has been unchanged since December as officials struggle to estimate the impact of President Donald Trump's import tariffs

Disney earnings soar on resilient streaming growth, US parks revenue

"Despite questions around any macroeconomic uncertainty or the impact of competition, I'm encouraged by the strength and resilience of our business," Disney CEO Bob Iger said

NSE, BSE restrict website access for overseas users amid cyber risks

Given the sensitivity of the overall environment, some entirely "precautionary" steps have been taken by exchanges

Global airlines re-route, cancel flights due to India-Pakistan conflict

Images from flight tracking websites showed a long line of airlines passing over Oman, UAE and Kuwait after the attack, raising the possibility of airspace congestion

Uber shares dip as Q1 revenue misses expectations amid slow growth

Uber has struggled to match the high growth from the post-pandemic quarters and is also contending with lower ride prices with some customers seeking cheaper transport options

UK dismisses idea that British workers being 'sold out' in India trade deal

British opposition parties accused the government of signing up to a deal that would unfairly benefit India

Deutsche's DWS, Nippon Life in early talks for India asset management deal

Nippon Life became DWS's second-largest investor after it bought its 5 per cent stake when Deutsche Bank listed DWS in 2018. Deutsche retained control with 79 per cent

Global M&A deal signings fall to 20-year low amid Trump's 'Liberation Day'

There was one bright spot for M&A last month: tech deals in which value lies more in intellectual property like algorithms and software than in physical goods subject to tariffs, like autos

US trade deficit swells to record high amid rush to beat tariffs in March

Economists polled by Reuters had forecast the trade deficit rising to $137.0 billion from the previously reported $122.7 billion in February

Global debt hits record high of over $324 trillion: Banking trade group

The weaker dollar has worked as a buffer across developing economies, limiting the impact in emerging markets of the spike in volatility triggered by US President Donald Trump's trade war

Mahanagar Gas Q4 results: Profit dips 4.8% on rising costs, higher volumes

The state-backed natural gas distributor reported a profit after tax of 2.52 billion rupees ($29.9 million) for the quarter ended March 31, down from 2.65 billion a year earlier

Tata Motors shareholders approve plan to split into two listed companies

The proposal, which would give the shareholders equal stakes in both the listed entities, was approved with 99.9995% of votes, it said in an exchange filing

HPCL Q4 results: Profit rises 18% on stronger marketing, refining margins

India saw mixed demand for fuel in the January to March quarter, with overall demand falling in two of the three months and LPG demand rising for the most of the fourth quarter

AMETEK to acquire FARO Technologies in deal valued at $920 million

Under the agreement, AMETEK is offering $44 per share in cash, representing about a 40 per cent premium to FARO's last close. The equity valuation pegs FARO's market value at $846 million

Radico Khaitan Q4FY25 results: Net profit rises 71% on strong demand

The company reported a 71% rise in consolidated net profit at 920.7 million rupees (about $11 million) for the three months ended March 31

Oil prices rebound nearly 3% after drop, but oversupply fears weigh

The return of Chinese market participants after a five-day public holiday since May 1 was also seen supporting prices on Tuesday

Dollar under pressure as fading trade hopes boost rise of Asian currencies

The dollar was last down 0.5% on the Japanese yen at 142.99, and also lost ground versus European currencies with the euro and pound both up 0.2% at $1.1341 and $1.3328 respectively

With lower oil prices, Putin is more eager to settle Ukraine war: Trump

The price of oil, which drives the Russian economy has fallen around $15 a barrel since the start of the year