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Govt considering reduction in excise duties on petrol, diesel: Report

Finance Ministry may take a final call on fuel tax cut following Opec's meeting this month, say sources

Indian mobile retailers seek Amazon probe, cap on online smartphone sales

Indian retailers, a crucial part of Modi's support base, have long alleged that Amazon and Walmart's Flipkart flout federal regulations

Texas power firm files for bankruptcy citing claims from grid operator

The fallout threatens utilities and power marketers, which collectively face billions of dollars in blackout-related charges, executives said

Oil prices rise on Covid-19 vaccine optimism, US economic stimulus

Brent crude was up 34 cents, or 0.5%, at $64.76 a barrel by 1448 GMT, and U.S. West Texas Intermediate (WTI) crude rose 13 cents, or 0.2%, to $61.63 a barrel.

J&J CEO sees Covid-19 shots in American arms in 1-2 days as shipping starts

J&J's vaccine requires only one shot, while other authorized vaccines require two.

Dow jumps 600 pts on vaccine cheer, stimulus optimism; cyclical stocks rise

US bond market rout eases; shares of cruise liner and hotel operators, and carriers including Carnival Corp, Hilton, Delta Air Lines Inc and American Airlines gained between 1.8% and 4.6%

Credit Suisse suspends $10-billion supply chain finance funds

London-based Greensill Capital helps manage the supply chain finance funds, originating and processing the credits which go into the funds and helping to secure investors

Beyond Meat CFO Mark Nelson to retire in May, to remain a consultant

The company's shares have jumped six fold under Nelson's watch since the IPO, but he has courted controversy after being named in a fraud claims lawsuit filed by Don Lee Farms, a former Beyond Meat su

Sebi proposes stricter rules on independent directors of listed firms

By Abhirup Roy

Covid-19: EU to propose vaccine passports in March in time for summer

Commission president Ursula von der Leyen announced the coming legislative proposal in a speech to German conservative lawmakers on Monday, providing a few more details in subsequent tweets

Klarna funding round makes it Europe's most valuable startup at $31 bn

It also puts the Swedish fintech on a par with many of Europe's biggest listed financial houses

United Airlines orders 25 more Boeing 737 MAX jets: Report

This brings its total to 180 in the coming years

Wall Street set for higher open on J&J vaccine cheer, stimulus optimism

President Joe Biden scored his first legislative win as the House of Representatives passed his $1.9 trillion coronavirus relief package early Saturday

Pent-up demand for manufactured goods driving global factory revival

Manufacturing activity in Japan expanded at the fastest pace in over two years

WTO to hold ministerial meeting in Geneva in late 2021: Report

WTO members agreed on Monday to hold the next major ministerial meeting in Geneva, Switzerland in late 2021

Chinese hackers targeted Serum, Bharat Biotech, says security firm

Rivals China and India have both sold or gifted Covid-19 shots to many countries. India produces more than 60 per cent of all vaccines sold in the world

Asian equities face outflows in February due to rise in US bond yields

Taiwan and South Korea witnessed the biggest net sales

Oil prices jump on Covid-19 vaccine optimism, US stimulus package

The approval of Johnson & Johnson's Covid-19 shot also buoyed the economic outlook

Logitech sees pandemic-driven growth continuing, hikes 2021 guidance

The firm issued a 2022 forecast, saying growth trends in remote work, video collaboration, esports and digital content creation would continue beyond the 2021 boom

China studies Boeing 737 MAX recertification, wants concerns addressed

China's aviation regulator said on Monday that its major safety concerns with the Boeing Co 737 MAX have to be 'properly addressed'