Page 102 - Latest News
IDBI Bank shares tumble 14% on reports of stake sale cancellation
IDBI Bank share price today: The sell-off comes amid reports that the government could scrap the divestment plan after bids fell short of the reserve price
 "IDBI Bank shares tumble 14% on reports of stake sale cancellation")
US-China trade talks begin in Paris, paving way for Trump-Xi summit
The delegations, led by US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng, convened in the French capital in the morning
 "US-China trade talks begin in Paris, paving way for Trump-Xi summit")
From 5% to 32%: NRI buyers pump ₹5,250 crore into DLF homes in nine months
NRI buyers fuel DLF's sales boom, contribute one-third of bookings
 "From 5% to 32%: NRI buyers pump ₹5,250 crore into DLF homes in nine months")
US says Iran war-driven oil reserve release will be structured as exchange
Countries around the world are planning releases from strategic oil reserves as the war in West Asia chokes supply and sends fuel prices soaring
 "US says Iran war-driven oil reserve release will be structured as exchange")
Emirates flight bound for Dubai returns to Kochi after security incident
En route, the aircraft was directed to turn back due to the sudden closure of Dubai International Airport
 "Emirates flight bound for Dubai returns to Kochi after security incident")
Trump asks 'about 7' countries to join coalition to police Strait of Hormuz
US Energy Secretary Chris Wright told NBC he has been "in dialogue" with some of the countries Trump mentioned, and said he expected China "will be a constructive partner"
 "Trump asks 'about 7' countries to join coalition to police Strait of Hormuz")
Gold price falls ₹10 to ₹1,59,650; silver down ₹100, trades at ₹2,74,900
The price of 22-carat gold decreased by ₹10, with ten grams of the yellow metal selling at ₹1,46,340
 "Gold price falls ₹10 to ₹1,59,650; silver down ₹100, trades at ₹2,74,900")
Trump leaves allies, adversaries guessing on endgame for Iran war
Trump administration is planning to announce as soon as this week that multiple countries have agreed to form a coalition to escort ships through the corridor
 "Trump leaves allies, adversaries guessing on endgame for Iran war")
Systematix prefers RIL, Petronet LNG, Gulf Oil as crude scales $100/bbl
The brokerage noted that upstream players benefit from stronger realisations, while integrated players, such as Reliance, can be supported by stronger refining and petrochemical economics
 "Systematix prefers RIL, Petronet LNG, Gulf Oil as crude scales $100/bbl")
Wild weather disrupts flights, dumps snow, and knocks out power in US
Heavy snow touched off blizzard warnings from South Dakota to Michigan's Upper Peninsula on Sunday, the National Weather Service said
 "Wild weather disrupts flights, dumps snow, and knocks out power in US")
Ozempic patent expiry set to trigger weight-loss drug boom in India
India is the first major country after Canada where Novo is losing patent on semaglutide and will see an onslaught of generic versions
 "Ozempic patent expiry set to trigger weight-loss drug boom in India")
Antique upgrades GAIL; sees upside in upstream, OMCs amid West Asia war
Antique upgraded GAIL (India) Ltd. to 'Buy' from 'Hold', citing the sharp correction in the stock price despite a relatively limited impact on its target price
 "Antique upgrades GAIL; sees upside in upstream, OMCs amid West Asia war")
Gold wavers near $5,000 as West Asia war fuels market uncertainty
Gold steadied after dropping for a second straight week, under pressure from rising energy prices and inflationary concerns arising from the US-Israeli war with Iran
 "Gold wavers near $5,000 as West Asia war fuels market uncertainty")
Choice retains 'Buy' on Sirca Paints India, sees 52% upside; here's why
Choice highlighted that the company will continue to focus on the premium wood coatings segment, where demand is largely driven by architects and premium contractors
 "Choice retains 'Buy' on Sirca Paints India, sees 52% upside; here's why")
Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia
The West Asia accounts for some 9 per cent of the world's aluminum output, and Alba's cuts add to other reductions that have stoked supply fears
 "Aluminium nears $3,500 a tonne as major smelter slashes output in West Asia")
Honda's costly EV gamble raises questions about automaker's future
Long known for spunky and innovative vehicles, Honda has had trouble in recent years living up to that reputation, nowhere is that more the case than in the US, by far its largest revenue generator
 "Honda's costly EV gamble raises questions about automaker's future")
China economy shows surprise rebound before West Asia war disruptions
Industrial production climbed 6.3% in the January-February period from a year ago, its fastest growth since September and up from 5.2% in December
 "China economy shows surprise rebound before West Asia war disruptions")
Trump warns Nato of 'very bad' future if allies don't help reopen Hormuz
About a fifth of global oil and liquefied natural gas normally passes through the Strait of Hormuz, a narrow passage of water between Iran and Oman
 "Trump warns Nato of 'very bad' future if allies don't help reopen Hormuz")
India walks diplomatic tightrope between Iran and US as war bites economy
India's Brics presidency faces an early challenge as Iran seeks condemnation of US-Israel strikes, while fellow members Saudi Arabia and the UAE, targets of Iranian attacks, complicate consensus
 "India walks diplomatic tightrope between Iran and US as war bites economy")
Trump applauds FCC chief's warning to TV networks over Iran war coverage
Trump was all praise for Brendan Carr's actions and accused the news television networks of spreading lies about the Iran war by circulating AI-generated videos
 "Trump applauds FCC chief's warning to TV networks over Iran war coverage")