* IAF operates with 31 squadrons, target is 42 * Jet maker HAL facing issue with engine supplies * HAL says it understands concerns, trying to fix problem By Shivam Patel BENGALURU, Feb 12 (Reuters) - India's state fighter jet maker Hindustan Aeronautics Ltd (HAL) said it understood why the military was impatient over delays in delivering warplanes and would...

06:18 AM EST, 02/12/2025 (MT Newswires) -- Commerzbank in its European Sunrise note of Wednesday highlighted: Markets: United States Treasuries rangebound in the late New York session after a strong three-year auction, weaker in Asia. Asian equities and U.S. futures mixed. Euro trades stronger, yen weaker. Brent sideways below $77/barrel. Fed: Chair Jerome Powell reiterates that the Federal Reserve is...

By Aditya Kalra, Aditi Shah and Nikunj Ohri NEW DELHI (Reuters) - India's demand for back taxes running into a record $1.4 billion from Volkswagen, after 12 years of scrutiny, is reigniting concerns that lengthy investigations and litigation could sour the plans of foreign firms in the fastest-growing major economy. Automakers such as Maruti Suzuki, Hyundai, Honda ( HMC )...

Feb 12 (Reuters) - Canada's Barrick Gold ( GOLD ) beat analysts' estimates for fourth-quarter profit on Wednesday on higher gold prices and production. On an adjusted basis, the world's second-largest gold miner posted a profit of 46 cents per share in the quarter ended December 31, compared with estimates of 41 cents per share, according to data compiled by...