LG Energy Solution remains in red in Q4 amid EV demand slump

IANS | January 29, 2026 9:11 AM

Seoul, Jan 29 (IANS) LG Energy Solution, South Korea's leading battery maker, on Thursday reported its fourth-quarter net loss of 772.5 billion won ($541.3 million), remaining in the red compared with a year ago, amid an ongoing slump in electric vehicle (EV) demand.

Samsung posts record operating profit in Q4 amid AI boom

IANS | January 29, 2026 9:08 AM

Seoul, Jan 29 (IANS) Samsung Electronics on Thursday said it has posted record operating profit and sales in the fourth quarter of 2025 on strong sales of premium semiconductor products, including high bandwidth memory (HBM), amid the global artificial intelligence (AI) boom.

ED attaches assets valued at Rs 1,885 crore of Anil Ambani Group

IANS | January 28, 2026 8:27 PM

New Delhi, Jan 28 (IANS) The Enforcement Directorate (ED) has provisionally attached assets worth Rs 1,885 crore of Anil Ambani's Reliance Group, including immovable properties, bank balances, receivables and shareholding in unquoted investments, according to a statement issued by the agency on Wednesday.

L&T Q3 profit slips 4 pc to Rs 3,215 crore; revenue rises 10 pc

IANS | January 28, 2026 7:50 PM

Mumbai, Jan 28 (IANS) Engineering and construction major Larsen & Toubro (L&T) on Wednesday reported a 4 per cent decline in its consolidated net profit to Rs 3,215 crore for the quarter ended December 31, 2025, (Q3 FY26) mainly due to a one-time exceptional expense linked to new labour laws, even as revenue and order inflows remained strong.

Understanding Pakistan's illusion of strength (IANS analysis)

IANS | January 28, 2026 7:37 PM

Islamabad: Pakistan is a state whose economy is fragile and dependent on International Monetary Fund (IMF) funds. It survives on repeated bailouts, emergency loans, and financial lifelines from friendly nations. Saudi Arabia has stepped in more than once to keep Islamabad afloat. China has long been presented as Pakistan’s “all-weather friend” and economic backbone, though many now describe that relationship less as partnership and more as a debt trap. Yet in spite of all this dependency, Pakistan wants the world to believe a different story.

India–EU trade pact expected to boost spice exports, value realisation: Spices Board

IANS | January 28, 2026 6:29 PM

Kochi, Jan 28 (IANS) The proposed India–European Union Free Trade Agreement (FTA) is expected to significantly enhance export opportunities for Indian spices, with improved market access, regulatory cooperation, and greater trade predictability likely to benefit exporters, farmers, and MSMEs across the value chain, according to the Spices Board India.

Brazilian President Lula confirms India visit next month

IANS | January 28, 2026 5:51 PM

New Delhi, Jan 28 (IANS) Brazilian President Luiz Inacio Lula da Silva has confirmed that he will make an official visit to India in February, after which he will travel to Washington to meet US President Donald Trump.