Today's Headlines from:
Economic Times
Manufacturing activity rises to four month high of 56.5 in January
KKR exits Indus Towers via sale of 5% stake; Canada Pension Fund sells 2% holding
Interim Budget: EV push may create 250,000 jobs in five years
Raymond Q3 Results: Profit almost doubles to Rs 185 crore
Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates
IHCL Q3 Results: Revenue rises 18% YoY to Rs 1,964 cr, PAT also up 18%
Cabinet approves signing of India-UAE Bilateral Investment Treaty
Government approves continuation of export incentive scheme for apparel, garment till March 2026
India's power consumption rises nearly 6% to 133.83 billion units in Jan
Temasek sells entire holding in Policybazaar for Rs 2,425 crore
Business Standard
Dr Lal PathLabs Q3 results: Profit jumps 53.3%, revenue up by 10.1%
Aditya Birla Capital Q3 results: Consolidated net up 39% at Rs 736 crore
Interim Budget: Disinvestment, monetisation target set at Rs 50,000 crore
IRDAI asks insurers to give coverage for AYUSH in health insurance policies
UPI transactions reach a record Rs 18.41 trillion in January: NPCI data
New rail corridors to cost Rs 11 trn, add 40K km of tracks: Vaishnaw
Bond yields soften 8 bps after lower-than-expected fiscal deficit target
Automakers post highest ever monthly passenger vehicle wholesales in Jan
European Union agrees on new 50 billion-euro aid package for Ukraine
Financial Express
Adani Ports posts Q3 profit rise of 67.9% to Rs 2,208.41 cr, reports highest-ever quarterly cargo volume of 108.6 MMT
Burmans acquire 4 per cent stake in Religare Enterprises
Vedanta Resources to make an upfront payment of $779 mn on Feb 7 to bondholders
Major subsidies drop a fifth in FY24; Expenditure on the sops seen to fall 8 per cent to Rs 3.8 trillion in FY25
Govt starts buying tur dal at market price for buffer
Mint
Dabur India Q3 FY24 Results: Profit Rises by 8.04% YoY
Sweden’s Riksbank Takes First Step Toward Interest Rate Cuts
Cabinet extends subsidy schemes for apparel, sugar
Centre targets 30% higher revenue from telcos in FY25
US approves sale of 31 MQ-9B armed drones to India
Tata in talks with Pegatron to set up iPhone assembly in Tamil Nadu: Report
OPEC+ sticks with oil production cutbacks for first quarter to prevent surplus
Govt pegs food subsidy outgo for FY25 at ₹2.05 tr; breaches ₹2 tr for FY24
India yet to see significant improvement in debt affordability: Moody's.
Economic Times
Manufacturing activity rises to four month high of 56.5 in January KKR exits Indus Towers via sale of 5% stake; Canada Pension Fund sells 2% holding Interim Budget: EV push may create 250,000 jobs in five years Raymond Q3 Results: Profit almost doubles to Rs 185 crore Titan Q3 Results: Net profit rises 9% YoY to Rs 1,040 crore, misses estimates IHCL Q3 Results: Revenue rises 18% YoY to Rs 1,964 cr, PAT also up 18% Cabinet approves signing of India-UAE Bilateral Investment Treaty Government approves continuation of export incentive scheme for apparel, garment till March 2026 India's power consumption rises nearly 6% to 133.83 billion units in Jan Temasek sells entire holding in Policybazaar for Rs 2,425 croreBusiness Standard
Dr Lal PathLabs Q3 results: Profit jumps 53.3%, revenue up by 10.1% Aditya Birla Capital Q3 results: Consolidated net up 39% at Rs 736 crore Interim Budget: Disinvestment, monetisation target set at Rs 50,000 crore IRDAI asks insurers to give coverage for AYUSH in health insurance policies UPI transactions reach a record Rs 18.41 trillion in January: NPCI data New rail corridors to cost Rs 11 trn, add 40K km of tracks: Vaishnaw Bond yields soften 8 bps after lower-than-expected fiscal deficit target Automakers post highest ever monthly passenger vehicle wholesales in Jan European Union agrees on new 50 billion-euro aid package for UkraineFinancial Express
Adani Ports posts Q3 profit rise of 67.9% to Rs 2,208.41 cr, reports highest-ever quarterly cargo volume of 108.6 MMT Burmans acquire 4 per cent stake in Religare Enterprises Vedanta Resources to make an upfront payment of $779 mn on Feb 7 to bondholders Major subsidies drop a fifth in FY24; Expenditure on the sops seen to fall 8 per cent to Rs 3.8 trillion in FY25 Govt starts buying tur dal at market price for bufferMint
Dabur India Q3 FY24 Results: Profit Rises by 8.04% YoY Sweden’s Riksbank Takes First Step Toward Interest Rate Cuts Cabinet extends subsidy schemes for apparel, sugar Centre targets 30% higher revenue from telcos in FY25 US approves sale of 31 MQ-9B armed drones to India Tata in talks with Pegatron to set up iPhone assembly in Tamil Nadu: Report OPEC+ sticks with oil production cutbacks for first quarter to prevent surplus Govt pegs food subsidy outgo for FY25 at ₹2.05 tr; breaches ₹2 tr for FY24 India yet to see significant improvement in debt affordability: Moody's.