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Subscribe to enjoy similar stories. For half an hour the free beer flowed at Daddy’s, a low-ceilinged pub located on a back street of this remote ice-encrusted capital, while “Y.M.C.A." blasted out of the sound system. Donald Trump Jr.

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.

8th Pay Commission. This will result in revision of not only the salary of all central government employees including armed forces but also the pensioners.

Subscribe to enjoy similar stories. Indian benchmark indices Nifty and Sensex sustained their upward momentum for a third consecutive session on 16 January, driven by robust gains in metal, energy, and public sector bank stocks. This positive trend followed the softer-than-expected US inflation data for December, boosting hopes for additional interest rate cuts by the US Federal Reserve in 2025.

Subscribe to enjoy similar stories. New Delhi: Outgoing US ambassador to India Eric Garcetti said North American and West Asian oil can make up for any shortfall in Russian crude supplies to India following the latest US sanctions on that country, pointing out that India and the US “agree that borders should be sacrosanct". On fears of a looming tariff war, he said with President-elect Donald Trump “it's an invitation to negotiate." Edited excerpts from an interview: I would say its trust and ambition, because it's clear that we have friendship.

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%.

Panasonic Energy—are stepping on the gas to fast track their plans to establish manufacturing facilities in India, multiple people aware of the developments told ET.

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.

IT services company LTIMindtree’s net profit dipped by 7.1% year-on-year (YoY) to Rs 1,086.7 crore in the October to December quarter of current fiscal year 2024-25.

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.

As the 2025 tax season approaches, the Canada Revenue Agency has refreshed its website to make it easier for Canadians to sign in to their online accounts.

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

Hindenburg Research, the controversial short-selling firm, winds down, the impact of its stinging report on the share prices of Adani Group, one of its most notable targets, still lingers. The group's total market value is still 34% below the levels when the Hindenburg report was released on January 24, 2023, accusing the conglomerate of 'stock price manipulation' and 'accounting fraud'. The silver lining is that the conglomerate's financial parameters are pointing to better health. Out of the 11 Adani stocks listed then, seven are yet to recover to the pre-Hindenburg levels though the Nifty index has rallied 29% since then. Three stocks, such as Adani Total Gas, Adani Energy Solutions, and Adani Wilmar, are trading 50-83% lower; while NDTV, Adani Green and Adani Enterprise are down by 30-50%. Adani Power has doubled since the Hindenburg report while Adani Port gained 48%.

quick commerce app. So will some other regular packs of consumer goods firms, which are reworking their channel strategies to protect neighbourhood stores, while also aligning them with changing shopping habits.

stock market in 2024. Notwithstanding the general pessimism, they raised their stakes in around 27 midcap stocks by more than 5%. These include Home First Finance, Sansera Engineering, Pricol, Kalyan Jewellers, Data Patterns, Yatharth Hospital, Techno Electric, Mankind Pharma, Tips Music, Delhivery, and Archean Chemical, among others. Foreigners' holdings in Sansera Engineering rose by 9.5% in 2024, propelling the stock up by 46% during the year. Similarly, Pricol surged 43% after FPIs increased their stake by 9.4%. Kalyan Jewellers India rallied 116% in 2024 as FPIs boosted their holdings by 7.8%. The benchmark Nifty gained 8.75% in 2024 while Nifty Midcap 150 and Nifty Smallcap 250 surged 23.15% and 25.64%, respectively.

Reserve Bank of India helped contain excess losses. «Most foreign banks were buying dollars, while the RBI sold dollars to cap depreciation near 86.50/$1 levels, after which some more depreciation was seen up to 86.55/$1,» said Anil Bhansali, head of treasury at Finrex Treasury Advisors.

Reliance Industries Ltd (RIL) reported an 11.9% rise in consolidated net profit in December quarter, driven by its energy, retail and digital services units, beating analyst estimates. Consolidated profit after tax rose to ₹21,804 crore from ₹19,488 crore in the year earlier. Net profit attributable to owners of the company was up 7% to ₹18,540 crore from ₹17,265 crore a year earlier. A Bloomberg survey of analysts had pegged profit at about ₹18,326 crore. Revenue from operations increased 7% to ₹2.43 lakh crore from ₹2.27 lakh crore in the year earlier. Consolidated ebitda increased by 7.8% to ₹48,003 crore. «It gives me great pleasure to see Reliance grow exponentially over the years and set new benchmarks that demonstrate the inherent strength and resilience we have across all our businesses,» said Mukesh Ambani, chairman and MD of RIL. «The delivery of record ebitda and profit after tax at a consolidated level for this quarter is a testament to this.»

Former Bank of Canada governor Mark Carney’s decision to throw his hat in the ring in the race to become leader of the federal Liberal party has led to a shakeup at the top of Brookfield Asset Management.

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AI stocks are currently the trend of the US stock market, and the hype is just not looking like ending anytime soon. However, market experts are claiming that a majority of AI stocks that have witnessed some massive growth in 2024, may see a major plummet in 2025 for certain reasons, a phenomenon that could also affect stock indexes like the S&P 500 and the Nasdaq Composite.

U.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies