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Fresh coal crisis looms in India as top miner adds new curbs

Coal India is restricting deliveries to industrial consumers to prioritise power plants, with fuel stockpiles already below target levels and the country heading into a traditional summer demand peak

Govt considers seeking Rs 50,000 cr in mega LIC IPO next month: Report

The government is discussing selling as much as a 7% stake in LIC through the listing, say people with knowledge of the matter

United States isn't seeking a 'divorce' from China, trade chief says

The trade chief is on a three-day trip to Singapore focused on strengthening the U.S. relationship and identifying areas of cooperation through the Indo-Pacific Economic Framework

$120 bn global grain trade being redrawn by Russia's war in Ukraine

India, which historically kept its huge wheat harvests at home - thanks to a government-set price - is jumping into the export market, hawking record amounts across Asia

Bond yield surge threat is only agenda for traders from RBI policy

The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.

Cheap tickets to stay as India's airlines squabble on fare hikes

IndiGo is unperturbed by criticism as well as calls from smaller rival SpiceJet for airlines to work together to raise fares, even if that causes a slight dip in bookings

ExxonMobil flags biggest profit in 13 years due to surging oil prices

Exxon said Monday that first-quarter results may have been as much as $2 billion higher than earnings during the final three months of 2021

Hertz to buy up to 65,000 electric vehicles from Polestar in $3-bn deal

The Tesla and Polestar purchases give Hertz a steady stream of some of the most coveted battery-powered cars, even as manufacturers scurry to keep up with swelling order books

Sri Lankan stocks slide by nearly 33%, world's worst losers after Russia

The slide in Sri Lankan shares is leading the reversal in a broader gauge of Asia's frontier-market equities after it rallied in 2021.

Sri Lanka names new ministers as old team quits amid economic crisis

The reshuffle comes amid Sri Lanka's struggle with a severe dollar shortage that prompted capital controls and import curbs.

Indian Oil follows billionaires Ambani, Adani in green hydrogen bet

Green hydrogen, produced from water and green electricity and considered the cleanest form of fuel, is a potential path to decarbonize heavy industries

Cost of living rises in India as companies pass on higher prices

Companies from the Indian units of Unilever Plc and Suzuki Motor Corp. to homegrown JSW Steel Ltd. are raising prices in response to the global supply squeeze

China finds new coronavirus subtype as daily cases exceed 13,000

Almost 12,000 of the cases reported nationwide on Saturday were asymptomatic.

Bonds to IPOs: A hundred firms pull $45 bn of deals since war in Ukraine

These include initial public offerings, bonds or loans and acquisitions

The 1% tax that has India's cryptocurrency industry predicting chaos

Along with the capital gains charge, the finance ministry announced a 1% tax deductible at source, or TDS, on all digital-asset transfers above a certain size, starting July 1

Scientists flag rice shortage concerns as world frets about food

Current yield trends will not allow the two countries to be self-sufficient in rice, according to a study published in Nature Food journal in March

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