Reuters

Adani group's settlement pleas delayed by Sebi's review of processes

The review could take three months after which the Adani pleas will be taken up under new processes, said the second source, with direct knowledge of the matter

US economy shrinks 0.3% in Q1 as tariff-driven imports hit GDP growth

Gross domestic product decreased at a 0.3% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of first-quarter GDP on Wednesday

Indian Oil inks five-year deal with Trafigura to import US-linked LNG

Supplies under the deal would begin from the second half of this year, he said, adding that the price of the LNG is linked to the US Henry Hub benchmark

Ather's $352 million IPO subscribed fully on final day of bidding

Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline

Coromandel International Q4 results: Net profit rises 73% to Rs 384 crore

The fertiliser maker's consolidated pre-tax profit rose to Rs 384 crore ($45.38 million) in the quarter ended March 31, from Rs 222 crore a year earlier

Exide Industries Q4 results: PAT falls 10% to Rs 255 cr on higher costs

The company's standalone profit after tax fell 10.3% year-on-year to Rs 255 crore ($30.1 million) for the three months ended March 31

Japan's Rakuten to invest $100 mn in India, increase hiring: India unit CEO

Rakuten currently employs 4,000 people in India - 90 per cent of whom are tech staff - and plans to recruit people who it considers "power users" of AI

Rupee hits 2025 peak, boosted by portfolio inflows, exporter hedging

The rupee rose 0.5 per cent to a high of 84.78 per dollar, tracking gains in Asian currencies, which were up by as much as 0.8 per cent on the day

Gold rally to dent India's jewellery purchases, boost investment: WGC

Domestic gold prices hit a record high of ₹99,358 per 10 grams earlier this month

ArcelorMittal warns of trade disruption despite strong quarterly profit

ArcelorMittal shipped about 13.6 million tons of steel in the first quarter, slightly up from the year-ago period

RBI has room for more rate cuts, but with caution, says rate panel member

Going forward, continuing policy easing - both rate cuts and liquidity infusions - could eventually alter the growth-inflation

Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks

Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight quarters

China's factory activity shrinks in Apr as PMI dips to 49, recovery stalls

The official purchasing managers' index (PMI) fell to 49.0 in April versus 50.5 in March, below the 50-mark separating growth from contraction

Brics group shows internal rifts as ministers fall short of joint statement

Brazil said the group's foreign ministers expressed "serious concern at the prospect of a fragmented global economy and the weakening of multilateralism"

UPS to cut 20,000 jobs on lower Amazon shipments; profit beats estimates

The company last year said it cut its workforce by 12,000 jobs. It expects expenses between $400 million to $600 million during 2025

US goods trade deficit widens in March due to sharp jump in imports

Goods imports soared $16.3 billion to $342.7 billion, likely as businesses rushed to bring in goods to avoid President Donald Trump's sweeping tariffs

Wall Street choppy as markets juggle trade war news, mixed earnings

The world's two largest economies have slapped tit-for-tat import tariffs on each other and uncertainty around the state of negotiations between the two has kept markets on edge

Amazon denies plans to display Donald Trump-imposed tariffs on listings

Trump has imposed a tsunami of tariffs on US trading partners, including China, which has seen tariff costs rise by 145 per cent since Trump took office

World Bank forecasts commodity prices to fall to pre-covid levels by 2026

The World Bank report also forecast that gold prices are likely to set a new record in 2025 as investors seek safe havens for capital amid rising uncertainty, but the price will stabilize in 2026

AO Smith Q1 revenue dips 2% on weak US, China water heater demand

The company, which makes residential and commercial water heaters, boilers, tanks and treatment products, posted a 2 per cent fall in quarterly sales to $963.9 million