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Reliance may avoid Russian fuel after sanctions, says official

Sanctions on Russia have prompted many companies and countries to shun its oil, depressing Russian crude to record discount levels

Reliance, Ola Electric, others to get incentives in battery scheme: Report

Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters

JPM cuts Indian shares to 'underweight', trims target for MSCI EM index

The brokerage expects earnings to be lower this year, with commodity prices surging and Russia being excluded from MSCI EM index

India to study sanctions impact on trade settlement with Russia

By Nidhi Verma and Alasdair Pal

Unfolding global developments pose risks to Indian economy, says RBI

The RBI also said that a rapid and large withdrawal of fiscal support risks pushing the economy over the cliff into a sharp downturn

Oil surges by 4% amid IEA's warnings of supply shortages

The supply loss would be far greater than an expected drop in demand of one million bpd triggered by higher fuel prices, the IEA said in a report on Wednesday

Bank of England raises rates to 0.75%, less sure about future moves

The BoE said inflation was set to reach around 8% in April -almost a percentage point higher than it forecast last month - and warned it could peak even higher later in the year

Accenture posts strong Q2, warns of potential impact from Ukraine conflict

Accenture forecast third-quarter revenue above Wall Street estimates, but it excluded the impact of the war

Be ready to lose all your money in crypto, warn EU regulators

Consumers should be particularly wary of promised fast or high returns, especially those that look too good to be true, the EU's securities, banking and insurance watchdogs said in a joint statement

Russia bogged down, blasting Ukrainian cities as war enters fourth week

Theatre blown up in besieged Mariupol, 53 civilians killed in Chernihiv, says governor; Putin lashes out at 'traitors and scum' at home

Asian stocks rally as fears ease over Ukraine peace talks, Fed and China

US stock futures indicated a slightly lower restart, but followed a 2.2% surge for the S&P 500 overnight

Tear down wall dividing free and unfree Europe: Zelensky urges Germany

Ukrainian President says German ties with Russia helped build the wall, invokes Berlin Airlift, fall of Berlin Wall in plea

Euro rises to one-week high on hopes for progress in Ukraine peace talks

New Fed projections showed policymakers ready to shift their inflation fight into high gear; most of them see the federal funds rate rising to a range between 1.75% and 2% by the end of 2022

Russia bogged down, blasting Ukrainian cities as war enters fourth week

Russian president lashes out at 'traitors and scum' as USA's Joe Biden calls him a war criminal.

Saudi Arabia prince, rebuked by West, faces dilemma over Russia and China

Saudi Arabia and UAE, which are among just a handful of producers with spare capacity, have snubbed Western calls for more crude.

Explained: Why you should care as the US yield curve flattens further

The shape of the yield curve is a key metric investors watch as it impacts other asset prices, feeds through to banks' returns and has been an indicator of the economy.

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply

Oil prices climbed about 3% on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels a day (bpd) of Russian crude and refined products from April.

EU to increase tariffs on India, Indonesia stainless steel imports

The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme

Shells hit theatre sheltering Ukraine civilians as Russian invasion crawls

Russia's invasion had largely stalled on all fronts and its forces continued to suffer heavy losses, says report from British military intelligence.

History shows the heat will be on Fed Reserve post interest rise hike

Not all of the Fed's efforts to tighten monetary policy have worked the same way.