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Operating profits of offshore rig operators to surge by 30-35 per cent in 2025-26: Crisil

Feb 4, 2025

New Delhi, Feb 4 (IANS) Indian offshore rig operators will see their operating profits surge 30-35 per cent in the next financial year, after a 25-30 per growth in the current fiscal year, according to a Crisil Ratings report released on Tuesday. "This increase will be on the back of continued renewal of rig contracts at more than double their…

PM Modi smarter than Prez Trump, knows how to convince global leaders: Jim Rogers

Feb 4, 2025

New Delhi, Feb 4 (IANS) Prime Minister Narendra Modi is smarter than US President Donald Trump and in the current world economic order, he is most capable of working together with the new US administration which would be good for both the…

Business

Tata Chemicals shares fall nearly 4 pc after posting Q3 net loss

Feb 4, 2025

Mumbai, Feb 4 (IANS) Shares of Tata Chemicals on Tuesday dropped nearly 4 per cent or Rs 35.5 to trade at Rs 911.1 after the company reported a net loss of Rs 21 crore for the third quarter (Q3) ending December 2024. Tata Chemicals' revenue…

Business

India’s fiscal roadmap: Strong growth and stability despite tax cuts, says S&P Global

Feb 4, 2025

New Delhi, Feb 4 (IANS) India’s Union Budget aligns with the expectations of steady fiscal consolidation, reinforcing a positive outlook on the country’s sovereign credit ratings, according to a report on Tuesday.The central government…

Business

GT Boost: realme’s game-changing innovation to power future of mobile gaming

Feb 4, 2025

New Delhi, Feb 4 (IANS) The Indian gaming industry is undergoing an unprecedented transformation, fuelled by the rapid adoption of mobile gaming and an ever-growing esports culture. In the financial year 2024, the gaming sector generated a…

Business

South Korea to invest $809.3 million in developing materials technologies

Feb 4, 2025

Seoul, Feb 4 (IANS) The industry ministry said on Tuesday it will invest 1.18 trillion won ($809.3 million) this year to develop advanced technologies for materials and parts, a move aimed at enhancing the global competitiveness of major…

Business

New Galaxy S25 breaks pre-order record in South Korea

Feb 4, 2025

Seoul/New Delhi, Feb 4 (IANS) Samsung Electronics said on Tuesday its new Galaxy S25 smartphones have sold 1.3 million units in pre-orders in South Korea, marking the largest presale record for its flagship S series models.Pre-orders for…

Business

Indian stock market opens higher as US delays tariff hikes on Canada, Mexico

Feb 4, 2025

Mumbai, Feb 4 (IANS) The NSE Nifty 50 and BSE Sensex snapped two-day fall on Tuesday after the US delayed tariff hikes on Canada and Mexico by a month.At 9.32 a.m., the Sensex gained over 443 points or 0.58 per cent at 77,630.71 and the…

Business

LG Chem shifts to Q4 loss as demand falls

Feb 4, 2025

Seoul, Feb 3 (IANS) LG Chem Ltd., South Korea's leading chemical firm, said on Monday that it shifted to a net loss in the fourth quarter from a year earlier due to lower demand for petrochemical and battery materials products.LG Chem swung…

Business

Trump delays Mexico tariff hike by a month, talks of ‘deal’ coming

Feb 4, 2025

Washington, Feb 3 (IANS) US tariff hikes on Mexico will be delayed by a month, President Donald Trump announced on Monday indicating a “deal” could be coming. Conversations with Canada are also underway, as Trump spoke with Justin Trudeau.…

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