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India's gold output could rise multifold if hurdles removed: WGC report

The South Asian country is the world's second-biggest consumer of the metal and fulfils most of its demand through imports.

Oil price rises after IEA warns of supply shortfall in markets

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

Global fuel subsidies ramped up to counter energy price spike: Report

Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs.

China stocks rise on govt pledges of support, Ukraine peace talks hopes

Markets took a widely expected rate hike by the US Federal Reserve in stride, despite worries about weakening global growth.

Foxconn to operate under Covid-19 bubble in Shenzhen until Sunday

The world's largest contract electronics maker restarts some production and operations at its Shenzhen campuses.

Thousands of Japan homes without electricity after earthquake kills 4

Companies race to assess the impact of the magnitude 7.4 quake, which struck shortly before midnight on Wednesday.

Indian refiner Hindustan Petroleum buys rare Russian Urals crude: Reports

Hindustan Petroleum Corp Ltd has made a rare purchase of 2 million barrels of Russian Urals crude for loading in May, trade sources said.

Asian stocks rally strongly as Fed hike, Ukraine talks boost sentiment

Japan and Hong Kong led a jump in regional stocks on Thursday, joining a rally on Wall Street overnight as potential risks from Federal Reserve monetary tightening to the Ukraine war

Wall Street stocks, US yields rise after Fed Reserve's rate hike

Main Wall Street stock indexes and Treasury yields rose after the US Federal Reserve hiked interest rates and laid out an aggressive plan for further increases to combat inflation

Dollar falls as hawkish Fed Reserve delivers without an extra kick

The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum

Fed lifts interest rates a quarter point, signals more hikes to come

US central bank sees more rate hikes in 2022 and 2023, says there is need to limit inflation hit for families.

Russian tech entrepreneurs to launch 'Rossgram' after Instagram is blocked

The new service, known as Rossgram, will launch on March 28

7.3 magnitude Japan quake cuts power to 2 million households

There were no immediate reports of casualties or damage

Tencent, Alibaba jump over 20% as govt assures stability and support

The HSI surged more than 9 per cent to above the 20,000-point mark

Don't want to occupy Ukraine, says Russian President Vladimir Putin

'Keeping Russia in check a long-term policy of the West'

Oil prices dip on Russia-Ukraine peace talks, US inventory data

By David Gaffen

Fed raises US interest rates by 25 bps in opening bid to curb inflation

The interest rate path shown in new projections by policymakers is tougher than expected, reflecting Fed concern about inflation that has moved faster

WHO says rise in global Covid cases is the tip of the iceberg

'Surges are to be expected particularly in areas where measures to prevent transmission have been lifted,' says WHO head

Gold prices slip on Russia-Ukraine peace talks, looming Fed rate hike

Spot gold was down 0.4% at $1,909.87 per ounce as of 10:59 ET (1459 GMT), after touching its lowest since March 1 at $1,903.59 earlier in the session

Euro climbs on peace talks, overshadowing expected Fed rate hike

A stronger euro overshadowed the dollar index that has gained during the war in Ukraine.