Vedanta Appoints New CEO as Q1 Profit Surges by 72%
Vedanta's Q1 profit jumps 72% to ₹54.73 billion as Arun Misra is appointed CEO amidst rising base metal prices.
Business
India's Gold Demand Declines 6% amid Higher Duties and Seasonal Trends
India's gold demand fell by 6% in the April-June quarter, attributed to weak seasonal demand and increased duties, according to the World Gold Council.
Adani Enterprises Reports Q1 Loss Amid Surge in Revenue
Adani Enterprises incurs Rs 1,160 crore loss in Q1, but revenue rises 50% year-on-year, indicating strong core business performance.
Dabur India Reports 15.3% Increase in First Quarter Profit
Dabur India showcases strong performance with a 15.3% profit rise, driven by growth in consumer care and food sectors, despite challenges in retail.
US-Iran Negotiations Focus on Strait of Hormuz Amid Ongoing Tensions
US President Donald Trump expresses optimism regarding Iran talks as negotiators address key issues such as transit fees and regional security.
Larsen & Toubro Q1 Profit Rises 14% Amid Strong Order Growth
Larsen & Toubro reports a 14% increase in Q1 profit, surpassing estimates, with robust order inflows and a 7% rise in revenue.
Visa Announces Workforce Reductions Amid Economic Challenges
Visa plans to cut jobs as it navigates global economic pressures and adjusts to market demands.
India Bans 'Energy Drink' Labels on Major Beverage Brands
India's food regulator prohibits top beverage brands from using the 'energy drink' label, prompting industry concerns over brand impact.
Indian Rupee Strengthens to 95.92 Against US Dollar
The Indian rupee gains 61 paise, concluding trading at 95.92 against the US dollar, influenced by geopolitical factors and central bank policies.
Honda CB500 Retro Roadster Launched in India
Honda has unveiled the CB500 retro roadster in India, marking its entry into the retro motorcycle segment.
CBDT Released Guidelines for Crypto Asset Reporting in India
The CBDT has issued guidance for crypto exchanges on reporting under the Income-tax Act, 2025, implementing OECD standards.
Multiple IPOs Set to Launch in August 2026, Targeting Rs 25,000 Crore
A dozen companies, including Zepto and Shiprocket, are poised for IPOs in August, aiming to raise over Rs 25,000 crore amid market optimism.
Global Trade Faces Challenges Amid Economic Uncertainty
Amid rising inflation and geopolitical tensions, global trade faces various hurdles impacting supply chains and economic growth.
NTPC Reports Strong Q1 FY27 Results, Profit and Margins Rise
NTPC posts higher net profit and expanded margins in Q1 FY27 despite revenue falling slightly short of forecasts.
Tata Consumer Products Reports Growth in Diversified Revenue Streams
Tata Consumer's Q1 FY27 reveals significant revenue growth from diversified businesses, surpassing tea and coffee sales.
HCL Technologies Invests Rs 15,000 Crore in New Bhubaneswar Centre
HCL Technologies to establish a new global delivery centre in Bhubaneswar, investing ₹15,000 crore, to enhance AI and data services.
AMD Launches Helios AI Rack System to Compete with Nvidia
AMD's Helios AI rack-scale system enters production, aiming to rival Nvidia's offerings in the AI server market with high performance metrics.
Oil Prices Exceed $100 Amid Middle East Conflicts and Attacks
Benchmark Brent crude oil surpasses $100 for the first time since May as tensions rise in the Middle East, particularly involving Yemen's Houthis.
IndiGo and Air India Object to Adani's Airline Entry
IndiGo and Air India raise concerns regarding Adani Group's entry into the aviation sector, citing competitive implications.
Trump's Proposed 200% Tariff Could Raise US Medicine Prices
Dr Reddy's warns that potential tariffs may lead to increased costs for US consumers on generic medications.
Bharat Petroleum Reports Rs 3,962 Crore Loss Amid High Crude Prices
Bharat Petroleum Corporation Ltd faces a significant loss in Q1 2023 as rising crude oil prices adversely impact fuel margins.
State Bank of India Aims to Lead Mutual Fund Market
State Bank of India pursues ambitious plans to become a leader in the mutual fund sector as outlined by Finance Minister Nirmala Sitharaman.
Maruti Suzuki to Raise Prices Due to Increased Input Costs
Maruti Suzuki announces a price hike from August, attributing it to rising costs of materials and production.
Goldman Sachs Warns: Crude Oil Prices May Surpass $120
Goldman Sachs issues a cautionary forecast about soaring crude oil prices if disruptions continue in the Strait of Hormuz.
Indian Banks Anticipate Increased Credit Growth by FY27
Indian banks are projected to experience stronger credit growth, with net interest margins serving as a crucial factor for future performance.
US Launches New Wave of Strikes Against Iran Amid Rising Tensions
The US military has initiated fresh attacks on Iran following missile strikes from Tehran, resulting in civilian casualties and heightened geopolitical tensions.
Debate Intensifies in Parliament Over Anti-Paper Leak and Vande Mataram Bills
Parliament debates Anti-Paper Leak Bill and Vande Mataram Bill, with tensions rising over potential constitutional implications and academic integrity.
CJP Supports Rahul Gandhi's Claims Against Amit Shah's Actions
CJP's Saurav Das endorses Rahul Gandhi's claims about Amit Shah's handling of protests, demanding accountability in police actions during demonstrations.
Opposition Accuses AAP Government in Punjab of Exam Paper Leaks
Punjab's opposition parties demand resignations over alleged exam paper leaks, while AAP government defends its integrity amid accusations.
Trust Between Government and Youth Essential, Says Wangchuk
Wangchuk urges Indian government to uphold assurance on FIRs for youth in peaceful protests.
Death Toll Reaches 34 Amid Rescue Efforts Following Earthquake in Japan
Rescue operations continue in Japan, with a death toll of 34 after a powerful earthquake in Kumamoto province, as authorities face extreme heat conditions.
US Sanctions Bill Could Impose 100% Tariffs on India
US President Donald Trump reacts to the new Russia sanctions bill, which may threaten India with tariffs up to 100% on energy imports.
Bangladesh's Khalilur Rahman Invites US Secretary Marco Rubio
Khalilur Rahman extends an invitation to US Secretary Marco Rubio for a visit, highlighting diplomatic relations between Bangladesh and the USA.
Kirti Kulhari Victim of Credit Card Fraud, Loses Rs 2.44 Lakh
Bollywood actor Kirti Kulhari faces cybercrime after Rs 2.44 lakh stolen via her credit card from overseas transactions without her knowledge.
Insights on La Tomatina: An Indian Traveller's Experience
An Indian content creator shares candid insights on Spain's La Tomatina festival, revealing the unexpected challenges faced by participants.