NEW DELHI: Reliance Industries Limited (RIL) on Friday posted a 43 per cent jump in its consolidated net profit for the second quarter (Q2) ending September 30. The company posted a net profit of Rs 13,680 crore in Q2 as…
NEW DELHI: Investors have lost over Rs 10.29 lakh crore in four days of market decline, with risk appetite dented by concerns over frothy valuations amid unabated selling by FIIs. Falling for the fourth consecutive session on Friday, the 30-share…
MUMBAI: The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, governor Shaktikanta Das stressed while voting for status quo in interest rates, as per minutes of…
NEW DELHI: Commerce and industry minister Piyush Goyal on Friday said there are a lot of non-tariff barriers that need to be addressed and wherever India will face an unfair treatment at trade front, it will take reciprocal action. Non-tariff…
NEW DELHI: Surging liquefied natural gas (LNG) prices are pushing buyers to look at securing long-term contracts possibly with an option for a floor and ceiling price to hedge against extreme volatility, the CEO of a top gas importer said…
CBI is an autonomous body not controlled by the Union Government, Centre says in post-poll violence case The Centre told the Supreme Court that Mamata Banerjee’s government in West Bengal does not have any “absolute” power to keep the Central…
Sources said the session could commence from November 29 and would end around December 23. The month-long Winter session of Parliament is likely to commence from the fourth week of November following all COVID-19 protocols, Parliamentary sources said on Friday.…
BENGALURU: Reliance Industries (RIL) said on Thursday that a required majority of its shareholders have passed a resolution to appoint Saudi Aramco chairman Yasir Al-Rumayyan as an independent director to the conglomerate’s board. A little over 98% of the total…
HONG KONG/SHANGHAI: China Evergrande Group has supplied funds to pay interest on a US dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into…
NEW DELHI: An analysis of six key components of the economic cycle by global investment bank Jefferies suggests that conditions are ripe for a repeat performance of a 2003-10 style growth in India with fewer bad loan assets and high…
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