RIL Q2 FY26 results: Mukesh Ambani-led Reliance Industries reports consolidated net profit of Rs 18,165 crore; up 10% YoY

RIL recorded gross revenue of Rs 2.83 lakh crore, marking a 10% year-on-year increase. RIL Q2 FY 2025-26 results: Mukesh Ambani-led Reliance Industries Limited (RIL) on Friday reported a consolidated second-quarter net profit of Rs 18,165 crore. This is a 10% increase from Rs 16,563 crore in the previous year. The operational revenue reached Rs…

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‘They forced me to do it’: Trump says high tariffs on China ‘not sustainable’; claims Beijing ‘ripped off’ America for years

US President Donald Trump on Friday said his proposed additional 100% tariff on Chinese goods would not be “sustainable,” further asserting that Beijing “forced him to do it.”“It’s not sustainable,” Trump told Fox Business when asked if the levies he has threatened to impose on China could remain in place without significantly affecting the economy….

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Forex watch: India’s foreign exchange reserves drop to $697.78 billion; gold holdings rise above $100 billion mark

India’s foreign exchange reserves fell by $2.176 billion to $697.784 billion in the week ended October 10, according to data released by the Reserve Bank of India (RBI) on Friday.This marks the second consecutive weekly decline after reserves had dipped by $276 million in the previous week to $699.96 billion.According to RBI data, foreign currency…

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