Saudi Middle Eastern state oil monster Aramco revealed a close to 38% drop in second-quarter net benefit on Monday amid more fragile oil costs and more slender refining and synthetic substances edges, as it supported its profit with another exhibition-connected payout.

Shares of Reliance Industries (RELI.NS), India’s largest company by market capitalization, experienced a significant setback on Monday as the conglomerate reported a larger-than-expected drop in profit, leading to a nearly 3% decline. This comes on the back of a 3.1% slide in the stock on Friday, just before the release of the financial results. Earlier this month, the stock had rallied over 13%, reaching a record high before the demerger of Jio Financial Services last Thursday. The recent stock performance has raised concerns about the company’s flagship oil-to-chemicals (O2C) business, which had experienced record-high refining margins last year due to the surge in fuel demand following the post-pandemic recovery.

India’s web retail development, became 22% in FY23 to $60 billion in gross product esteem (GMV). The development rate is slower in contrast with the pandemic years — which saw

Swiggy, a food delivery service, revealed on Thursday that as of March 2023, it will be profitable. “Our sharp focus on innovation, coupled with strong execution, has led to yet

Ratan Tata and Tiger Global-backed Upstox is seeking both organic and inorganic expansion options and currently has financial reserves of over Rs 1,000 crore.  Ratan Tata-backed discount broker Upstox achieved