New Delhi, April 23 (IANS) Indian oil marketing companies (OMCs) have begun relying on their commercial crude inventories as supply chains tighten following the closure of the Strait of Hormuz amid escalating geopolitical tensions in West Asia, according to a...
New Delhi, April 23 (IANS) India’s ready-to-drink (RTD) non-alcoholic beverage market has entered a new growth phase, and is expected to double from roughly $20 billion in 2025 to $40 billion by 2030, a report said on Thursday.The report from...
New Delhi, April 23 (IANS) India’s ultra-high-net-worth individual (UHNWI) population has surged in recent years and is projected to grow 27 per cent by 2031, according to a report released on Thursday.An analysis by Knight Frank highlighted that India’s UHNWI...
New Delhi, April 23 (IANS) The Reserve Bank of India’s partial rollback of recent foreign‑exchange curbs has helped the Rupee strengthen by nearly 2 per cent against the Dollar from record lows of around 95 per USD, a report said...
New Delhi, April 23 (IANS) Maruti Suzuki India Limited on Thursday said it has achieved its highest-ever annual production volume of 23.4 lakh units in FY2025-26, making it the only original equipment maker (OEM) in the country to achieve such...
Seoul, April 23 (IANS) Hyundai Motor, South Korea's top automaker, said on Thursday its first-quarter net profit dropped 23.6 percent on-year amid business environment headwinds involving U.S. tariffs and rising raw material costs.Net profit for the first three months of...
Mumbai, April 23 (IANS) US automaker Tesla reported higher revenue and profit year‑on‑year in Q1 CY2026, buoyed by higher average vehicle prices, services and rise in subscriptions to its full self‑driving (supervised) system.The electric‑vehicle maker said revenue rose to $22.38...
Mumbai, April 23 (IANS) Global oil prices edged higher on Thursday due to a stalemate over the next round of peace talks between the United States and Iran that kept the energy artery Strait of Hormuz effectively closed.The June contract...
Mumbai, April 23 (IANS) The Indian equity markets posted sharp losses early on Thursday tracking cautious global cues and sustained foreign institutional selling, after the recent rally.As of 9.25 am, Sensex lost 671 points, or 0.85 per cent, to reach...
Seoul, April 23 (IANS) Samsung SDS, the information technology (IT) service arm of Samsung Group, said on Thursday its first-quarter net profit fell nearly 60 per cent from a year earlier due to a one-off factor.Net profit for the January-March...
Bengaluru, April 23 (IANS) Amid the complexity of designing US fire trucks that increases manifold because each US state has a unique fire code, global professional services company Vee Technologies' engineering business has rolled out the design of its 3,000th...
Seoul, April 23 (IANS) Despite the ongoing crisis in the Middle East, the South Korean economy posted its fastest quarterly growth in 5 and a half years in the first quarter, supported by solid exports amid a semiconductor upcycle and...