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Delta Corp slips on reporting dismal Q1 performance

Mumbai, Aug. 12 -- Revenue from operations declined 8.48% YoY to Rs 168.55 crore from Rs 184.17 crore. The company reported profit before exceptional items and tax of Rs 27.74 crore in Q1 FY27, compa... Read More


U.S. Consumer Prices Inch Up In Line With Estimates In July, Annual Growth Edges Lower

India, Aug. 12 -- Consumer prices in the U.S. crept slightly higher in the month of July, according to a closely watched report released by the Labor Department on Wednesday. The report said consumer... Read More


Bank Of America To Buy 49.9% Stake In Jio Financial Services' NBFC Arm For $1.9 Bn

India, Aug. 12 -- Bank of America's wholly-owned subsidiary NB Holdings Corporation has signed a definitive joint venture (JV) agreement with Jio Financial Services (JFS) to invest up to Rs.18,268.2 C... Read More


Indonesia to gradually restrict Pertalite for top income groups

Jakarta, Aug. 12 -- Finance Minister Purbaya Yudhi Sadewa said the policy to restrict purchases of subsidized fuel, particularly Pertalite, is aimed at ensuring that fuel subsidies reach their intende... Read More


Trump's Secret Escape From Alleged Iran Threat; Israel Had Warned Washington

Afghanistan, Aug. 12 -- The Washington Post reported late Monday on a covert operation to transfer Trump from the U.S. presidential aircraft to another plane for his departure from Turkey following an... Read More


Indonesia's Air Force eyes East Java's toll roads as emergency runways

Jakarta, Aug. 12 -- Indonesia's Air Force is considering sections of East Java toll roads as alternative runways for military aircraft if conventional airbases become unusable during emergencies, a sp... Read More


Ministry, Danantara deepen tourism development cooperation

Jakarta, Aug. 12 -- Indonesia's Tourism Ministry and sovereign investment agency Danantara have signed a memorandum of understanding to strengthen tourism development, including destinations, infrastr... Read More


Bata India rises after recording 23% YoY increase in Q1 PAT

Mumbai, Aug. 12 -- Total operating expenditure increased by 3.6% to Rs 774.98 crore in Q1 FY27 over Q1 FY26, primarily due to higher finished goods purchases (up 12.2% YoY) and higher other expenses (... Read More


Crude Oil Nears $90 as Hormuz Tensions Keep Pressure on the Rupee

India, Aug. 12 -- Brent crude was trading around $89.67 per barrel on Wednesday, August 12, up 0.9%, while WTI crude was at $83.98 per barrel, also up 0.9%. Brent has gained more than 7% so far this w... Read More


Uber expands to 225 cities across India, steps up bike-taxi and cab services

New Delhi, Aug. 12 -- Ride-hailing platform Uber has expanded its footprint to 100 more cities, taking its presence to 225 cities across the country, as competition in the bike-taxi segment intensifie... Read More