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Subscribe to enjoy similar stories. SINGAPORE—China said its economy expanded by 5% last year, formally hitting its official growth target in a difficult year that saw officials respond to a sharp summertime deterioration in key indicators with its most aggressive stimulus in years. The country’s National Bureau of Statistics said gross domestic product was buoyed by solid growth in investment and exports, which offset weaker consumption, highlighting the unevenness of Chinese growth.

Subscribe to enjoy similar stories. Ceat Ltd faced a challenging December quarter as surging raw material costs weighed on earnings. While revenue climbed 11.6% year-on-year, operating profit (Ebitda) dropped 18%, highlighting the strain on margins.

Subscribe to enjoy similar stories. Infosys Ltd investors are edgy and hardly impressed by the positives of its December quarter (Q3FY25) results. Sequential constant currency (CC) revenue grew by 1.7% in a seasonally weak quarter, beating consensus estimate of 0.8%.

Indian Hotels Company Ltd. traded 0.78 per cent up at Rs 805.30 at around 12:32PM (IST) on Friday. The stock had closed at Rs 811.70 in the previous session. Equity benchmark Sensex traded 373.53 points at 76669.29 around the same time.

Five of six college students made their first appearance in court Thursday, facing charges after they allegedly lured a man to their Massachusetts college as part of a To Catch a Predator-style trend on social media.

L&T Technology Services Ltd.(up 2.31 per cent) were among the top gainers.

were among the top gainers.

Tata Power Company Ltd. traded 0.05 per cent up at Rs 368.75 at around 11:11AM (IST) on Friday. The stock had closed at Rs 368.95 in the previous session. Equity benchmark Sensex traded 679.21 points at 76363.61 around the same time.

buy call on REC with a target price of Rs 600. The current market price of REC is Rs 485.2. REC, incorporated in 1969, is a Large Cap company with a market cap of Rs 127211.05 core, operating in Term Lending Institutions sector.

Info Edge (India) Ltd. traded 1.72 per cent in Friday's trade at 10:15AM (IST). Around 1,230 shares changed hands on the counter. The counter opened at Rs 7687.35 and touched an intraday high and low of Rs 7776.95 and Rs 7622.05, respectively, in the session so far. The stock of Info Edge (India) Ltd. quoted a 52-week high of Rs 9194.95 and a 52-week low of Rs 4868.50.

Macrotech Developers Ltd.(up 5.25 per cent), Prestige Estates Projects Ltd.(up 1.48 per cent), DLF Ltd.(up 1.46 per cent), Oberoi Realty Ltd.(up 1.38 per cent) and Godrej Properties Ltd.(up 1.12 per cent) were among the top gainers.

Subscribe to enjoy similar stories. This is the story of how a small oversight—failing to report trades in his income tax return (ITR) due to lack of awareness—spiralled into a massive tax dispute. The protagonist, a farmer from a small town near Bengaluru, is now facing a staggering ₹69 crore tax demand.

Reliance Industries' telecom and digital businesses, posted a 26% on-year rise in net profit in the fiscal third quarter, on the back of the tariff hikes of July 2024, subscriber additions and strong data usage growth. The rate hikes partly helped Jio grow average revenue per user(ARPU) 4.2% on-quarter to ₹203.3. But the full beneficial impact of the price hikes will be staggered, and likely to come through Q4FY25 and Q1FY26, since Jio has a higher share of subscribers on longer-validity plans compared to Bharti Airtel or Vodafone Idea, said analysts.

Subscribe to enjoy similar stories. Distractions are a constant in our age, while productivity is that gleaming arch on the horizon that seems farther away the closer we get. And every few months, leaders of India Inc chime in to advocate longer work hours in service of this hallowed goal.

Why is there a delay in India's squad announcement?According to a report in Dainik Jagran, uncertainty over the fitness of India star pacer Jasprit Bumrah and spinner Kuldeep Yadav are the prime reasons for the delay in naming the 15-man squad.Bumrah had picked up an injury during the recently concluded Border Gavaskar Trophy while Kuldeep has been out of action since the 1st home Test against New Zealand and is currently recovering at NCA, Bengaluru. The wrist spinner is likely to be fit by the end of this month.Champions Trophy News LIVE: BCCI has appointed Sitanshu Kotak as the new India batting coach ahead of the Champions Trophy.

Asian stocks slipped in early trading after US shares struggled to gain traction as traders prepared for a swath of Chinese data scheduled Friday including fourth-quarter growth. Shares in Japan fell as the yen largely held onto gains from earlier in the week, while those in Australia fluctuated, weighed by Rio Tinto Group following a report it has held early stage talks on combining its business with Glencore Plc. US equity futures were little changed.

Infosys, India's second-largest IT services company, posted a better-than-expected 11.4% increase in consolidated net profit at Rs 6,806 crore for the December quarter from the year earlier, driven by a healthy rebound in the financial services and manufacturing segments. Europe, the company's second-largest region after the US, reported double-digit revenue growth. Profit was up 4.6% sequentially. Infosys did better than peers Tata Consultancy Services (TCS) and HCLTech in terms of beating analyst expectations, while echoing similar sentiments regarding an «improvement in discretionary spends» in select segments in core geographies. This persuaded the Bengaluru-based company to raise its revenue guidance for the full fiscal year ending March to 4.5-5.0% in constant currency terms from 3.75%-4.50% earlier, marking a second upgrade in a row. Operating margin outlook continued to remain at 20-22%.

Infosys, India’s second-largest IT services company, posted a better-than-expected 11.4% increase in consolidated net profit at Rs 6,806 crore for the December quarter from the year earlier, driven by a healthy rebound in the financial services and manufacturing segments. Europe, the company’s second-largest region after the US, reported double-digit revenue growth. Profit was up 4.6% sequentially.

RIL, Infosys, IRCTC, Wipro, Jio Financial, BPCL among others will be in focus due to various news developments and third quarter results. RIL India's top conglomerate Reliance Industries (RIL) third quarter earnings beat the Street expectations as the recovery in oil-to-chemicals and strong show from Jio Platforms aided growth.

World Bank. While the projection for FY26 is unchanged from June 2024, growth for FY27 has been revised downwards by 0.1 percentage point.