Page 584 - Bloomberg

India will continue to buy oil from Russia: FM Nirmala Sitharaman

Russia is offering more oil to India at a discount of as much as $35 a barrel on prices before the Ukraine war

NIIF drops investment in TPG-backed e-commerce startup FirstCry: Report

FirstCry, formally known as BrainBees Solutions Pvt, runs an online store featuring products for children and expecting mothers

India shouldn't fall for Putin's rupees-for-rubles deal

India may end up testing US and European Union tolerance if it agrees to rupee-ruble trade using Russia's communication channel SPFS to move funds

Google found to unfairly block rival payments on India store: CCI

'Google is imposing unfair and discriminatory conditions in violation of regulations,' says CCI in its preliminary report dated March 14

India will frame cryptocurrency law after global consensus: Report

India's central bank has openly voiced its opposition to private digital currencies.

US calls India's stand on Russian sanctions 'deeply disappointing'

Comments regarded as a deepening rift between the security partners as Russian Foreign Minister Sergei Lavrov traveled to Delhi for talks.

Britannia's planned price hike signals coming inflationary pain

Russia's invasion of Ukraine has roiled consumer firms across the world already contending with labor shortages and supply-chain constraints.

Fintech has spread far and wide in India, banks need a counterattack

Banks aren't intuitively geared to handle the unique requirements of small businesses

Bezos poised to clash with Mukesh Ambani in auction for IPL media rights

The auction promises to be an epic showdown between the Seattle-based retail Goliath on one side and India's most valuable company on the other and could see bets of $7 bn or more

Kumar Mangalam Birla to spend $7.2 bn on aluminium demand bet

Birla-owned Hindalco Industries will invest the amount mainly across its businesses in India and North America

Russia offers oil to India at steep discount to pre-war price of $35/barrel

Russia is offering India steep discounts on the direct sale of oil as mounting international pressure lowers the appetite for its barrels elsewhere, Bloomberg reports

Macquarie Group considers sale of toll-road assets in India: Report

Macquarie Group Ltd.'s asset management arm is exploring a sale of toll-road assets in India as the Australian company seeks to monetize some of its early bets in Asia's third-largest economy

Two top IndiGo's executives quit in 2 days as Rahul Bhatia is named MD

IndiGo's Chief Commercial Officer Willy Boulter said he will resign after July, just a day after CFO Jiten Chopra quit the biggest budget airline in Asia by market value

RBI risks falling behind curve on curbing inflation like US Fed: SBI Funds

The Reserve Bank of India has confounded market expectations with its accommodative policy even as inflation breached its 6% limit for two months

Hackers steal over $600 mn in one of the major crypto heists

Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date

World's biggest electric cruise ship sets sail in China

The ship will go into commercial operations from next month, being used mainly for sightseeing trips

Sri Lanka: No medicines, 10-hour power cuts as economic crisis worsens

Ceylon Petroleum requested the public not to queue for diesel on Wednesday and Thursday after the state-run refiner failed to unload a shipment of 37,500 metric tonnes of the fuel

Volvo planning to turn its cars into iPhone on wheels, says CEO Rowan

All the stuff that you can do in your smartphone will be almost inherently native within the vehicle, Rowan said

Wall St: Stock surge is a bear-market trap with curve inverted, warns BofA

The strategists caution that the selloff that took the S&P 500 12% from its January record is not over and sharp rallies are typical of volatility in bear markets

Russia proposes SWIFT alternative to India for Ruble payments

India is keen to continue bilateral trade due to its dependency on Russian weapons and the prospect of buying cheaper oil as global prices surge.