New Delhi, Aug 8 (IANS) Afcons Infrastructure Ltd posted a 23 per cent quarter-on-quarter (QoQ) decline in standalone net profit for the first quarter of FY26 at Rs 135.73 crore, down from Rs 175.34 crore in Q4 FY25, according to an exchange filing on Friday. Despite the sequential drop, the company recorded a 31 per cent year-on-year (YoY) rise in its standalone net profit from Rs 103.62 crore in Q1 FY25.Total income in Q1 FY26 remained largely stable at Rs 3,411.58 crore compared to Rs 3,379.6…

New Delhi, Aug 8 (IANS) Tata Motors Limited’s (TML) net profit for the first quarter of the first financial year (Q1 FY26) stood at Rs 4,003 crore, down 62 per cent year-on-year (YoY), as per an exchange filing on Friday. The automobile manufacturer had posted a consolidated net profit of Rs 10,597 crore in the corresponding quarter a year ago (Q1 FY25). The profit declined by over 50 per cent on a quarter-on-quarter too, from Rs 8,556 crore in the preceding quarter.In the April-June quarter, th…

Jakarta, Aug 8 (IANS) Indonesia and New Zealand have agreed to strengthen bilateral cooperation across various sectors during the visit of New Zealand’s Trade and Investment Minister Todd McClay, Indonesia’s Coordinating Ministry for Economic Affairs said in a statement on Thursday evening. Coordinating Minister for Economic Affairs Airlangga Hartarto met with McClay on Thursday, and both agreed to accelerate the implementation of the Indonesia-New Zealand Comprehensive Partnership Plan of Actio…

Tokyo, Aug 8 (IANS) Rejecting calls to step down, Japanese Prime Minister Shigeru Ishiba reiterated on Friday his intention to stay on as the Liberal Democratic Party held a meeting of a key decision-making panel over the defeat in recent polls. Following the joint plenary meeting of LDP lawmakers in both houses of parliament, executives of the ruling party stated that its election committee will consider holding presidential poll which is not due until 2027, ahead of schedule, Japan’s leading K…

Maputo, Aug 8 (IANS) Mozambican President Daniel Chapo on Friday called on young people to take the lead in building a peaceful, inclusive, and prosperous future, urging them to be “the main actors” in achieving the Sustainable Development Goals. Youth are at the heart of his administration’s development agenda, the President told the opening of the 8th National Youth Conference in Maputo, the country’s capital, Xinhua News Agency reported.The event, held under the theme “Local Youth Action for …

Lisbon, Aug 8 (IANS) The Portuguese government on Friday voiced its deep concern over Israel’s decision to “take over Gaza”, urging the suspension of the plan and the immediate implementation of a ceasefire. “The Portuguese government is deeply concerned about the new plan by the Israeli government to take over Gaza. The decision undermines efforts to achieve a ceasefire and worsens the humanitarian tragedy in the Gaza Strip,” the Portuguese Ministry of Foreign Affairs said in a statement publis…

New Delhi/Manila: Ferdinand ‘Bongbong’ Romualdez Marcos Jr., the 17th President of the Philippines, paid a State Visit to India from August 4-8. President Marcos’ visit marked the establishment of Strategic Partnership between India and the Philippines while celebrating the 75th anniversary of establishment of diplomatic relations between the two nations. President Marcos was accompanied by 14 ministers, senior officials and a large business delegation during his India visit. Quite significantly…

Dhaka, Aug 8 (IANS) In yet another case of growing violence against journalists in Bangladesh, a reporter working for a Bangladeshi daily was publicly hacked to death in Chandana Chowrasta of Gazipur district, just hours after he went live on social media to expose extortion from street vendors and local shops in the area.The deceased, identified as 38-year-old Asaduzzaman Tuhin was a staff reporter for the ‘Daily Protidiner Kagoj’ in Gazipur. The video of his murder on Thursday night went viral…

New Delhi, Aug 8 (IANS) Delhi Chief Minister Rekha Gupta on Friday launched a scathing attack on the previous AAP government for making hollow announcements on workers’ welfare without translating them into meaningful action.Speaking in the Assembly during a discussion on a Comptroller and Auditor General (CAG) report for the financial year ending March 31, 2023 pertaining to the welfare of building and other construction workers, CM Gupta revealed that Rs 5,200 crore remained unused in the la…

New Delhi, Aug 8 (IANS) A day after Leader of the Opposition (LoP) in Lok Sabha and Congress MP Rahul Gandhi launched a scathing attack on the Election Commission of India (ECI), accusing it of facilitating “vote theft” in collusion with the BJP, the party has announced a nationwide campaign to expose what it calls a ‘fraud on democracy.’ Taking to social media platform X on Friday, Congress General Secretary K.C. Venugopal invoked Mahatma Gandhi’s historic “Do or Die” call during the …