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Govt to scale back on investment as it curbs budget deficit: Goldman Sachs

This move will give the private sector scope to pick up the slack in the coming years

Cricket fans lash out at BCCI over World Cup ticket chaos, shoddy planning

Earlier, the BCCI also made a last minute schedule change to the same game to accommodate the festival of Navratri, prompting further outcry by spectators who had already made travel plans

Oil prices soar as Hamas' attack on Israel fans Middle East tensions

West Texas Intermediate rose above $86 a barrel as a war-risk premium returned to markets. The combined death toll topped 1,100 as fighting headed into a third day

As Israel-Hamas war escalates, crude oil traders are focused on Iran

The energy minister of the United Arab Emirates, a key OPEC member, was clear on Sunday that the conflict wouldn't affect the group's decision-making

Philippines raises $1.3 billion from sale of retail dollar bonds

The government sold its maiden retail dollar bonds in October 2021, when it raised $1.6 billion

Aramco, Siemens to sign pilot project for carbon capture and storage

Extracting carbon dioxide from the atmosphere rather than sources of emissions, the direct-air method is the costliest application of carbon capture, according to the International Energy Agency

US inflation seen corroborating higher for longer Fed, CPI increase at 0.3%

Resilient demand in the world's largest economy, bolstered by unrelenting job growth, has complicated Federal Reserve efforts to get inflation down to its preferred level

Climate change blamed as Europe's cities see heat waves in Autumn

London, which endured some cold and bleak weather during the summer, is forecast to reach at least 22C on three of the next five days, while Paris climbs to 26C on Tuesday

Israel declares 'state of alert' for war as rockets from Gaza hit country

Videos were circulating on social media from Gaza of militants dragging the bodies of several Israeli soldiers into the streets in celebration

Nato in a bind as Russian attacks edge closer to alliance's territory

As Ukraine reaps a bumper harvest, Russia is targeting the export routes that run from the ports around Odesa

RBI raises guardrails ahead of global index inflows, may sell bonds

The inflows will add to the RBI's challenge of keeping liquidity on a leash even as it may need to buy dollars to prevent a sharp appreciation in the rupee

Google changed ad auction formula in 2017, raising prices 15%, says witness

Google's advertising auctions require the winner to pay only a penny more than the runner-up

Alphabet CEO Sundar Pichai set to testify in Google Play antitrust trial

Pichai is also scheduled to testify in coming weeks in the ongoing Washington trial in a suit brought by the US Justice Department accusing Alphabet of maintaining a monopoly in web search

Disney in talks with Gautam Adani, Sun TV to sell its India assets

Disney is likely getting a boost as marquee global brands line up to tap India's massive consumer base, with advertising slots being sold at $3,600 a second

Vedanta Resources open to changing terms of proposal to delay bond payment

Some bondholders said they wanted more cash up front than what was offered by the company, said some of the people, who asked not to be named because the discussions are confidential

Loans to overdrafts: US bond yield at 5% means pain heading everyone's way

The US Federal Reserve's benchmark interest rate was 0, while central banks in Europe and Asia even ran negative rates to stimulate economic growth after the financial crisis and through the pandemic

Markets gain for a second day as RBI maintains status quo on policy rates

Technology and financial stocks led the gains

Barclays hires Credit Suisse dealmakers in India amid firmwide job cuts

The UK bank is seeking to replenish its ranks in the market after Ashish Jhaveri, head of mergers and acquisitions for the firm in India, left for Jefferies Financial Group Inc

Russian President Putin praises India as 'giant,' backs permanent UN seat

Putin's comments come as the war in Ukraine remains stalemated and the Russian leader casts the conflict as a struggle against Western hegemony and dominance

Carriers mulling new search app worried about contract with Google

Samsung Venture officials considered the across-apps search function devised by Branch Metrics to offer "a huge potential opportunity"