EV maker Ather Energy’s net loss widens by 18.5 pc in Q4 FY25

IANS | May 12, 2025 3:41 PM

New Delhi, May 12 (IANS) Electric vehicle (EV) maker Ather Energy on Monday reported a net loss of Rs 234.40 crore in the fourth quarter of last financial year (FY25), widened by 18.5 per cent from Rs 197.8 crore net loss in Q3 (quarter-on-quarter).

US, China sign deal to roll back tariffs for 90 days

IANS | May 12, 2025 2:17 PM

Geneva, May 12 (IANS) US Treasury Secretary Scott Bessent announced here on Monday that an agreement has been reached with China, at the trade talks held here, for a bilateral reduction in tariffs with effect from May 14 for a 90-day period.

Centre approves reopening of 32 airports as tensions ease on India-Pakistan border

IANS | May 12, 2025 12:33 PM

New Delhi, May 12 (IANS) The Centre on Monday issued the NOTAM (Notice to Airmen) to reopen the 32 airports that had been shut down since May 9 due to the cross-border drone and missile attacks following heightened tensions between India and Pakistan in the wake of the Pahalgam massacre of 26 tourists by Islamabad-backed terrorists.

FIIs to resume equity purchases in India as bulls roar: Analysts

IANS | May 12, 2025 11:33 AM

Mumbai, May 12 (IANS) The ceasefire between India and Pakistan has paved the way for a sharp rally in the market and with this, foreign institutional investors (FIIs) are likely to resume their equity purchases in India, analysts said on Monday.

Bull run: Sensex surges over 1,900 points as India-Pak tensions ease

IANS | May 12, 2025 9:43 AM

Mumbai, May 12 (IANS) The domestic indices surged on Monday with Sensex jumping over 1,900 points in the morning trade, as India-Pakistan tensions eased with ‘Operation Sindoor’ marking a significant demonstration of India’s military and strategic prowess.