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Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
Moody's upgrades Reliance Industries rating to Baa1, now 2 notches above India's sovereign ratingThe ratings agency said Reliance benefits from "counter-cyclical business segments, significant international exposure (with over one-third...
West Asia War: US-Iran draft 60 day-truce extension, all eyes on Trump nod, says US official; Tehran denies claimsA fragile ceasefire between the United States and Iran is reportedly extended for 60 days. Formal talks on Tehran's nuclear program are set...
Reliance secures record Japan financing after S&P upgrade to A-Reliance Industries Limited achieved a major milestone by securing the largest Samurai loan ever for an Indian company. It also completed t...
HSBC job cuts: CEO shares big update on lay offs possibility, message for employees on AI issueHSBC recently launched a dedicated $4 billion credit facility to support the global expansion of mainland Chinese companies.
India Inc's earnings growth to slow down in next 12-18 months, warns Moody’s Ratings. Here’s whyMoody’s Ratings warns that India’s corporate earnings growth may slow over the next 12–18 months due to rising input costs, rupee depreciat...
India revises GDP release calendar, annual and Q4 figures now due on June 7India's National Statistics Office has revised the annual GDP data release schedule, moving it from the last working day of May to June 7 a...
PM Modi condemns targeting of civilians & infra in UAEPrime Minister Narendra Modi strongly condemned the attack on the Fujairah Petroleum Industries Zone in the UAE. Three Indian nationals wer...
War revives stagflation dangers for global economyGlobal economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Austral...
As Male faces stress, India weighs currency swap extensionIndia is reviewing the Maldives' plea for an extended currency swap facility. The island nation faces significant economic strain, compound...
Iran war leaves crisis-scarred countries counting the costIran war: Sri Lanka, Egypt, and Pakistan are struggling with rising energy costs. The Iran war has worsened their economic situations. Thes...
HPCL, BPCL, IOC shares surge up to 4% as oil falls below $100 amid hopes for Iran-US war cooling offOil marketing company shares saw a significant jump on Wednesday. This rise followed a drop in oil prices below the $100 per barrel mark. I...
Stocks in news: TVS Motor Company, Info Edge, NTPC, NHPC, Coal India, Sammaan Capital, Som Distilleries & BreweriesIndian markets experienced a sharp decline on Friday, with Nifty and Sensex falling over 2% due to volatility, primarily driven by financia...
Worries about global economic pain deepen as the war in Iran drags onGlobal markets are reeling from U.S. and Israeli attacks on Iran. Energy infrastructure damage is causing long-term economic pain. Oil and ...
Maldives’ tourism-driven economy stares at crisis amid West Asia warThe Maldives economy faces a crisis due to West Asia disruptions. Tourist arrivals are down, impacting revenue. Significant debt repayments...
Moody's places IndusInd Bank on ratings watch for downgrade amid derivatives accounting issuesMoody's has placed IndusInd Bank's baseline credit assessment under review for downgrade due to concerns over internal control discrepancie...
Increase in crude prices will weaken Indian oil companies if net realisation doesn't go up: Moody'sLast week, the Central government approved the grant to the Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BP...
Moody's downgrades Pakistan's outlook citing 'heightened external vulnerability'Explaining the decision to affirm the B3 rating, Moody's said it assumed that Pakistan would conclude its seventh review under the IMF EFF ...
GMR to raise USD 350 million via bonds for Delhi airportThe proposed bond's Ba2 senior secured rating reflects the airport's strong mkt position.
- Textiles, petroleum to boost our business, says Intertek CEO Wolfhart Hauser
ET caught up with Intertek's CEO Wolfhart Hauser for his take on the TIC industry in India as well the company's growth strategy for this m...