Category: Business News

The US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns over energy supplies supported the greenback, while the yen and euro remained largely steady. The British pound edged higher after UK Prime Minister Andy Burnham reaffirmed his commitment to fiscal discipline, boosting confidence in…

TVS Motor Company’s net profit surged sixty-seven percent year-on-year to one thousand nineteen crore rupees. Revenue from operations also increased thirty-three point five percent to sixteen thousand two hundred ninety-five crore rupees. The company’s board approved raising up to one thousand crore rupees through debt instruments. Highest quarterly EBITDA of one thousand seven hundred seventy-nine…

Adani Energy Solutions reported a 124 percent profit increase year-on-year. Revenue from operations also saw a substantial 42 percent rise during the quarter. Transmission and distribution segments drove this impressive financial performance. The smart meter business also demonstrated strong and notable growth. Overall expenses increased due to higher power purchase and construction costs.

Skyroot Aerospace’s successful Vikram-1 orbital mission has spotlighted the listed companies supporting India’s private space ecosystem. From early investor Solar Industries to technology partners Inox India, TechEra Engineering and Diffusion Engineers, these firms have played key roles in Skyroot’s journey toward becoming a global private launch player.

Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…

JPMorgan CEO Jamie Dimon warned that investors are underestimating geopolitical and fiscal risks, saying he would avoid buying stocks or US Treasury bonds at current valuations. Dimon also cautioned that massive AI spending may not deliver returns as quickly as markets expect amid escalating Middle East tensions.

Goldman Sachs raised its Dutch TTF gas price forecasts for the final two quarters of 2025, citing expectations of further delays in the normalisation of LNG exports from the Gulf amid heightened Middle East tensions. The investment bank lifted its Q3 and Q4 forecasts to €60 and €53 per MWh, respectively, from earlier estimates of…

PayPal, once a Wall Street favourite and a pioneer in digital payments, is now facing a potential $53 billion takeover bid from Stripe and Advent International. The company’s board is reviewing the offer but reportedly believes the $60.50 per share proposal undervalues the business. PayPal’s market dominance has weakened as rivals like Apple Pay gain…

Schindler shares fell around 5% as investors worried about weak demand in China’s property market, despite global order growth for a third straight quarter. The elevator maker said new installation orders in China declined over 10%, while demand for modernisation of existing elevators remained strong across markets. CEO Paolo Compagna highlighted growth from the company’s…

The short-term focus again was oil prices, which swung sharply as investors weighed Yemen’s Iran-aligned Houthis declaring a naval blockade against ‌Saudi Arabia against ⁠Reuters reporting that ⁠mediators had passed Iran a proposal to de-escalate the war with the U.S. Benchmark Brent crude was flat on the day at $88.3 a barrel, having earlier climbed…