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Turkey learns the cost of siding with Pakistan: Indian tourists cancel in droves

May 13, 2025

New Delhi, May 13 (IANS) Facing criticism and a wave of trip cancellations by Indian travellers, Turkey has launched a damage-control campaign after its open support for Pakistan during the recent conflict with India.In a bid to stem the fallout, Turkey's Department of Tourism has issued a public appeal to Indian tourists, urging them to continue…

Tata Motors’ net profit tanks 51 pc to Rs 8,470 crore in Q4

May 13, 2025

Mumbai, May 13 (IANS) Tata Motors on Tuesday reported a sharp 51 percent drop in its consolidated net profit for the fourth quarter (Q4) of FY25, even as revenue remained steady and its Jaguar Land Rover (JLR) business posted growth.The…

Business

Lowest retail inflation since 2019 provides further leeway to cut rates: Experts

May 13, 2025

New Delhi, May 13 (IANS) The easing of retail inflation in April is expected to further give comfort to the Reserve Bank of India (RBI) to reduce interest rates in its next bi-monthly MPC meeting, which will reduce industry debt burden,…

Business

LIC’s new business premium up nearly 10 pc in April

May 13, 2025

New Delhi, April 13 (IANS) Life Insurance Corporation of India (LIC) on Tuesday reported a 9.91 per cent increase year-on-year in new business premium for April -- surpassing the industry growth rate of 8.43 per cent and private life…

Business

Real estate firm Arkade Developers’ Q4 profit falls 34 pc, sales tank 42 pc

May 13, 2025

Mumbai, May 13 (IANS) Real estate firm Arkade Developers on Tuesday reported a sharp drop in net profit for the fourth quarter (Q4) of FY25, as revenue also took a significant hit in the January-March quarter.The company’s net profit stood…

Business

Stock market slips over 1 pc on profit booking after record rally

May 13, 2025

Mumbai, May 13 (IANS) The Indian stock markets ended lower on Tuesday as investors booked profits following Monday’s sharp rally. The sell-off was also fuelled by the potential fallout from the ongoing US-China trade talks.A day after…

Business

GAIL clocks Q4 net profit of Rs 2,049 crore, declares final dividend of Rs 1

May 13, 2025

New Delhi, May 13 (IANS) Gas distribution giant GAIL on Tuesday reported a standalone net profit of Rs 2,049 crore for the fourth quarter of the financial year ended on March 31, 2025 which represents a 6 per cent decline from the…

Business

Patel Engineering’s Q4 net profit crashes 73 pc over rising costs

May 13, 2025

Mumbai, May 13 (IANS) Patel Engineering Limited on Tuesday reported a sharp drop in its net profit for the fourth quarter (Q4) of FY25 despite strong revenue growth, as rising expenses and narrowing margins put pressure on earnings.The…

Business

Seoul shares edge up after US-China trade deal; won sharply down

May 13, 2025

Seoul, May 13 (IANS) South Korean stocks edged up on Tuesday following a trade agreement between the United States and China. The local currency fell sharply against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI)…

Business

Indian telcos poised to rake in higher revenue as rural data usage surges

May 13, 2025

New Delhi, May 13 (IANS) Increasing internet adoption and data consumption by rural subscribers are emerging as structural drivers for growth in average revenue per user (ARPU) of Indian telecom companies and to capitalise on the trend,…

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