Page 11 - Reuters%20

Asian markets falter as hot US inflation, shaky Iran ceasefire weigh

MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.6 per cent, down for a second day ​as Korean shares fell as much as 3.2 per cent before rebounding

Govt raises import tariffs on gold, silver to 15% to curb imports

The higher duties could ‌dampen demand in the world's second-largest consumer of precious metals, although they may help narrow India's trade deficit and support the rupee

Iran could enrich uranium to weapons-grade if attacked again, says lawmaker

The fate of around 400kg of uranium enriched to 60 per cent , a short technical step from roughly 90 per cent weapons-grade material, remains unclear

UK PM defies calls to resign even as revolt within Labour party grows

All eyes were on a clutch of senior party figures, such as health minister Wes Streeting who has made little secret of his ambition to become prime minister one day

US consumer inflation rises 3.8% in April, highest since May 2023

In the 12 months through April, the CPI advanced 3.8 per cent . That was the biggest year-on-year increase since May 2023 and followed a 3.3 per cent rise in March

India, Russia in advanced talks for critical minerals agreement: Report

New Delhi has signed critical minerals agreements with Argentina, Australia and Japan, and is in talks with Peru and Chile on broader bilateral agreements that also include critical minerals

Indian banks resume gold, silver imports after month-long halt over 3% levy

The resumption is expected to boost the country's gold imports, widen ‌the trade deficit and put more pressure on the rupee, which is among Asia's worst-performing currencies this year

EXIM Bank plans to raise ₹99,500 cr funds in FY27 amid global volatility

The wholly state-owned EXIM Bank, which provides export financing and ‌backs loans granted by commercial lenders to buyers of Indian goods, expects to tap the domestic market for around ₹66,000 crore

Oil prices rise as fragile US-Iran ceasefire talks keep supply fears alive

Brent ​crude futures were up 30 cents, or 0.29 per cent, at $104.51 per barrel, while US West Texas ‌Intermediate gained 31 cents, or 0.32 per cent, to $98.38 by 0002 GMT

India declines Russian LNG under US sanctions despite energy supply crunch

The stance highlights the fine balance the world's third-biggest oil importer and consumer is seeking ‌to strike between securing energy supplies and avoiding LNG cargoes under sanctions

Gathered proof of Altman's dishonesty for a year: Ex-OpenAI exec Sutskever

The testimony comes in 3rd week of a trial that could determine the future of OpenAI, which has been raising billions of dollars from investors to build its computing power ahead of potential IPO

Eli Lilly halts India obesity awareness campaign after regulatory scrutiny

In a 16-page letter dated April 10 and sent to the Drugs Controller General of India, Lilly said it had halted the campaign 'out of an abundance of regulatory caution' following a March advisory

Cybercriminals are innovating in AI-led hacking operations: Google

The incident marks the first time Google has identified attackers using AI to discover a new vulnerability and attempt to exploit it at scale

NCW alleges 'toxic workplace environment' at TCS Nashik back office

The case has attracted nationwide attention as it involves India's top software-services exporter, which has annual revenue of $30 billion and is part of the salt-to-aviation Tata Group

Don't open door to Chinese cars: US industry to Trump ahead of Xi meet

Commerce Secretary Howard Lutnick also has ruled out Chinese investments in the US autos sector

Govt has no plan to raise gold, silver import duties amid market volatility

India is ​the ‌world's second-largest consumer of gold ‌and the largest ‌consumer of silver

Iran describes its proposal to end war with US as legitimate, generous

Iran Foreign Ministry Spokesperson Esmaeil Baghaei accused US of 'upholding unreasonable and one-sided demands'

India, Peru likely to hold talks on free trade pact in June: Peruvian envoy

Peru, the world's third-largest producer of copper, is also negotiating a chapter on critical minerals with India, Paulinich said

RBI steps in to support rupee as Iran war, PM Modi's remarks spook traders

The renewed pressure on Indian markets came after US President Donald Trump on Sunday rejected Iran's response to a US proposal for peace talks to end the war

Asian shares mixed, dollar gains as US, Iran disagree over peace proposal

Japan's ‌Nikkei fell 0.3 per cent, erasing earlier gains; South Korea's chipmaker-heavy KOSPI index rose 5 per cent