Business

Amazon delivered a strong fiscal second quarter, with both profit and revenue surging year-over-year, even as trade uncertainty from tariffs by US President Donald Trump loom over the global business climate. For the quarter ended June 30, the tech giant reported net income of $18.16 billion, or $1.68 per share, up from $13.49 billion, or…

It’s raining NFOs in the monsoon. At least 10 new mutual fund schemes are slated for launch this month. (AI image) Mumbai: It’s raining NFOs in the monsoon. At least 10 new mutual fund schemes are slated for launch this month. This is in addition to the 10 ongoing NFOs that were launched in the…

Market analysts indicate that Nifty’s underlying short-term trend remains positive despite high volatility. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday as India braces for 25% tariff rate on its exports to the US. While Nifty50 went below 24,750, BSE Sensex was down over…

Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Axis Bank, and Larsen and Toubro are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for August 1, 2025:Index View: NIFTYBenchmark indices remain highly volatile amid escalating trade tensions between…

NEW DELHI: Google has proposed opening up the Play Store in India to a wider set of real-money gaming (RMG) apps in response to an ongoing probe by the Competition Commission of India (CCI). This information was provided in a notice inviting public comments issued by fair play regulator.The broader Play Store access is part…

NEW DELHI: Maruti Suzuki on Thursday posted a marginal increase in consolidated net profit to Rs 3,792 crore for June quarter, with robust overseas shipments compensating for the drop in domestic sales. The country’s largest carmaker reported a net profit of Rs 3,760 crore in the April-June period of the previous fiscal year. Source link

NEW DELHI: Despite pressure from the US, govt has dismissed reports that it has asked refiners to stop purchasing Russian crude, which has emerged as the top source of petroleum for Indian refineries.Since the war erupted in Ukraine, Russia has become the favourite source of oil, especially for private refiners, thanks to the hefty discount…

Adani Enterprises Ltd, the flagship company of billionaire Gautam Adani’s group, reported a 49% decline in the June quarter profit as weak coal demand offset growth in the airport and mining units. The company posted a net profit of Rs 734 crore in Q1 FY26, compared to Rs 1,458 crore earnings in Q1 FY25. Source…

Jaguar Land Rover CEO Adrian Mardell is leaving the Tata Motors-owned carmaker, as it grapples with higher US tariffs and a controversial makeover of the Jaguar brand. “Mardell has expressed his desire to retire from JLR after three years as CEO and 35 years with the company,” a spokesperson said A video last year teasing…

NEW YORK/WASHINGTON: India’s purchases of Russian oil are helping to sustain Moscow’s war efforts in Ukraine, and it is “most certainly a point of irritation” in Delhi’s relationship with Washington, US secretary of state Marco Rubio said Thursday.“Look, global trade – India is an ally. It’s a strategic partner. Like anything in foreign policy, you’re…