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Rupee hits another low on rise in crude oil prices, equity selloff

Caution ahead of the US Fed meet outcome weighs on currency

Cummins India Q2 results: PAT up at Rs 449 cr on strong demand for engines

The diesel and natural gas engine maker's consolidated profit after tax came in at Rs 449 crore ($53.3 million) for the three months ended Sept. 30, up from Rs 329 crore a year earlier

People's will prevails: Biden addresses nation for 1st time since Trump win

Some Democrats have blamed Biden, 81, for Harris' defeat, saying he should not have sought re-election

Lupin Q2FY25 results: Net profit jumps 74% to Rs 853 cr on strong demand

Consolidated net profit of the company, which makes biosimilars and active pharmaceutical ingredients, rose to Rs 853 crore (about $101 million) for the quarter ended Sept. 30

Unilever, Procter & Gamble face risk from Trump's threatened Mexico tariffs

Trump warned days before his win against Democrat nominee Kamala Harris that he would hit Mexico and China with 25 per cent tariffs unless both governments moved to stop the flow of fentanyl into US

Nissan to axe 9,000 jobs, cut production on weak China and US sales

It scrapped its net profit forecast due to ongoing restructuring efforts, which it said would reduce costs by 400 billion yen ($2.6 billion) this fiscal year

Bank of England cuts rates but sees higher inflation after Reeves' budget

In August, the bank's nine-member Monetary Policy Committee cut borrowing costs for the first time since the early days of the coronavirus pandemic in the spring of 2020

Amazon to invest $1.3 bn in Italy data centre biz to boost cloud services

The investment would support up to 5,500 jobs through 2029 across the AWS data centre supply chain, the company said in a statement

NCC Q2 results: Net profit doubles to Rs 163 cr on higher order inflows

Revenue from operations rose 10.1% to 51.96 billion rupees. While total expenses rose 7.6% to 49.74 billion rupees, the cost of materials consumed, which forms more than a third of expenses, fell 1.2%

Trump's win prompts calls for Indian firms to be cautious on forex risks

Investors are dumping Asian currencies, and the dollar is rallying against its major peers on bets that Trump's expected policies of lower corporate tax and deregulation would boost US growth

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