Page 19 - Bloomberg/reuters

Rupee defence lifts RBI's net short dollar book past $110 billion mark

RBI ramped up its interventions after the rupee weakened to a record low on May 20, almost hitting the 97 per dollar mark

India's bond inflows hit one-year high after RBI's steps to support rupee

Global funds bought ₹4,490 crore ($469 million) worth of index-eligible bonds on Friday, the most since June 30, 2025, when the government scrapped taxes on overseas investment in govt securities

BEML bets on India's rail, defence boom, targets ₹31,000 cr orders

The state-owned earthmoving equipment, railway rakes, and wagon maker expects diversification across defence and mining businesses to support growth

Goldman Sachs sees rupee weakness capped after RBI's steps to boost inflows

Goldman's comments hold significance as the rupee fell to a new low of 96.9650 per dollar last month amid a surge in global crude prices and record overseas outflows from equities

World isn't ready for shocks that are piling up: IMF chief Georgieva

Georgieva, who's been at the helm of the Washington-based lender since 2019, has been through the Covid pandemic, the war in Ukraine, the tariffs turmoil and now the conflict in the West Asia

Carlsberg may file for India IPO this month, seeks up to $700 million

Carlsberg is working with Kotak Mahindra Capital Co. and the local units of JPMorgan Chase & Co. and Citigroup Inc. on the proposed share sale

European airlines expect gains to fade as Gulf carriers stage comeback

Airline executives sense their moment of opportunity will soon come to an end as Emirates, Qatar Airways and Etihad Airways get more of their planes back into the air and increase capacity again

AI reshaping diplomacy: Can technology replace human understanding?

As global tensions rise, governments are turning to AI to analyse data, model negotiation outcomes and identify compromise options, reshaping modern diplomacy

Iran fires several rounds of missiles at Israel as Trump defends ceasefire

Negotiations between Washington and Tehran are bogged down over the fate of billions of dollars of frozen Iranian assets and a parallel conflict between Israel and Iran-backed Hezbollah in Lebanon

China puts EVs on a diet as battery boom makes cars heavier: Report

The trend is drawing attention as larger vehicles put pressure on existing infrastructure. Some EVs are becoming too large for parking spaces designed under standards introduced a decade ago

World's hottest market has Korea bulls turning cautious after rally

Hedge fund Golden Horse Fund Management has trimmed exposure and added derivative protection, while M&G Investments has cut memory and foundry holdings to broaden out down the AI supply chain

Ukraine says drone hit nuclear fuel storage facility near Chernobyl

Ukraine says a Russian drone struck a spent nuclear fuel storage facility near Chernobyl, prompting concern from the IAEA over nuclear safety risks

IATA expects sharp profit drop citing West Asia crisis led fuel price hikes

IATA has halved its 2026 airline profit forecast as soaring fuel costs and disruptions from the Iran conflict weigh heavily on the global aviation industry

Xi Jinping visits North Korea to reassert influence over emboldened Kim

Xi visits North Korea for the first time in seven years as Beijing seeks to reinforce its influence over Kim amid Pyongyang's growing ties with Russia

United Air CEO tears into engine supplier Rolls-Royce for lack of support

United Airlines CEO Scott Kirby publicly criticised Rolls-Royce over contract commitments, escalating tensions between the carrier and the engine maker

How oil avoided a $200 surge despite the biggest supply shock ever

Governments around the globe coordinated a historic release of strategic reserves, while Gulf producers rerouted shipments through alternative export routes

Fifa World Cup workers threaten strike before $2,000-a-ticket game

Workers are seeking higher wages and stronger protections for personal information from immigration authorities

Trump signals interest in US govt holding stakes in leading AI companies

The president's comments highlight how debate over how to share the potentially massive gains from the artificial intelligence boom is intensifying in Washington and around the world

SpaceX, other mega IPOs may have to wait years to join the S&P 500

The decision comes as Space Exploration Technologies Corp., as it's formally known, prepares to start trading June 12

Fifa to let fans bring bottled water to World Cup, but with some caveats

Mamdani had raised concerns about reports that Fifa had banned fans from bringing bottles of water to World Cup matches, demanding answers from Fifa