Business News

Business

India's Russian Oil Imports Plummet to Six-Month Low: What's Behind the Drop?

India's imports of Russian crude oil dropped by 55% in November, the lowest since June 2022, despite Russia remaining the largest oil supplier to India. This decline follows intern...

Business

Upcoming Earnings: Birkenstock, FedEx, Nike, and BlackBerry

Investors are gearing up for a week of key earnings reports, starting with Birkenstock on Wednesday and followed by FedEx, Nike, and BlackBerry on Thursday.

Business

Zomato Faces Rs 803 Crore GST Demand: A Legal Battle Unfolds

Zomato faces a Rs 803 crore GST demand, sparking a legal battle over the taxation of delivery fees. The outcome could set a precedent for gig-economy platforms.

Business

Thai Finance Minister Pushes for Another Interest Rate Cut Amid Low Inflation

Thailand's Finance Minister, Pichai Chunhavajira, pushes for another interest rate cut to align with low inflation. Despite economists predicting no change, Pichai hopes to see a r...

Business

Stellantis Under Elkann: A Strategic Shift Post-Tavares

Stellantis, under Chairman John Elkann, is swiftly reshaping its strategy post-Tavares, focusing on repairing relationships and realigning with industry groups. The company is addr...

Business

India Delays Adoption of 3D X-ray Scanners for Cabin Bags Amid Security Concerns

India's aviation security agency delays adoption of 3D X-ray scanners for cabin bags due to a high-powered committee examining the technology's suitability. The committee also eval...

Business

Indonesia's November Exports Surge: A Detailed Look at the Data

Indonesia's exports grew 9.14% year-on-year in November to $24.01 billion, exceeding projections. Manufactured products led the growth, while key commodities like coal saw declines...

Business

China's Economy Faces Dual Threats: Weak Consumption and Trump's Tariff Hike

China's industrial output grew slightly in November, but retail sales disappointed, indicating a fragile economy as it braces for more US trade tariffs under a second Trump adminis...