Page 578 - Bloomberg/workspace/business Standard Web/video

Ukraine crisis: Oil traders bet prices will pass $200 a barrel this month

Russia is the world's third-largest oil producer behind the US and Saudi Arabia

Nickel spikes 60%: Here's why that matters and who will be hit

The metal added more than $10,000 to trade at a 15-year high above $40,000 a ton -- the biggest-ever daily dollar gain in the 35-year history of the contract

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management

IIFL Wealth shares fell 1.2% on Monday, giving the company a market value of around $1.7 billion.

Rising prices threaten PM Modi's hold on India's most crucial state

The Uttar Pradesh vote will signal whether Modi's grip on power is slipping ahead of the next national election in 2024

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation's oil-import bill

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI

The Ukraine war's impact on global supply chains could force India's central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy, according to economists

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby

Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.

Russian President Putin allows firms to pay foreign creditors in ruble

According to Saturday's decree on servicing foreign-held debt, payments will be considered executed if they are carried out in rubles at the central bank's official rate

War in Ukraine, sanctions will have 'severe impact' on global economy: IMF

JPMorgan Chase & Co. economists have cut their outlook for global growth this year by about a percentage point, and raised their inflation estimate.

China's GDP target of 5.5% for 2022 will be challenging to meet: Economists

The economy grew 8.1% in 2021, when the government set a conservative target of 'above 6%.'

The cost of war: Oil has wildest week on record; dollar highest since 2020

Europe's common currency fell to as low as $1.0973 as traders weighed the impact of Russian sanctions on the European economy

Moderna, WHO set for vaccine clash as patents threaten mRNA use

Medecins Sans Frontiers and other health and relief groups are calling on the vaccine-maker to abandon three patent applications filed years ago in South Africa

Illicit money flows: UAE set to be placed on FATF's 'gray list'

Just a few votes to the contrary can result in a jurisdiction getting added to the list of nations under increased monitoring

Ready for more rate hikes, says US Federal Reserve's Jerome Powell

Russia's attack has whiplashed financial markets and sent energy and commodity prices surging, with West Texas Intermediate crude hovering around $110 a barrel.

Base metals set for best-ever week as war stokes shortage fears

Commodities markets from metals to oil and gas have been upended by the war in Ukraine as big corporates withdraw from Russia

Centre sticks to borrowing plan amid impact from Ukraine fallout: Report

The government's market borrowings for the fiscal are over and there is no plan to borrow against the auctions that were canceled last month: Report

LIC IPO set to be delayed to next fiscal year amid market swings: Report

LIC's underwriters have seen muted interest during early meetings with potential anchor investors, says Bloomberg.

India at risk as record cooking oil prices threaten surging food inflation

Ukraine and Russia are not only major suppliers of wheat, corn and barley, but they also ship more than 75% of global exports of sunflower oil, one of the world's four leading edible oils.

Wheat spikes to fresh 14-year high on deepening global shortage fears

Prices are heading for a record weekly gain of about 40%