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OPEC+ to discuss extending oil cuts into 2024 in formal talks on Thursday

An output hike of 180,000 bpd - a fraction of the total - was planned for January from the eight members involved in OPEC+'s most recent cuts of 2.2 million bpd. The hike has been delayed from October

Putin urges govt, central bank to coordinate action to curb high inflation

"It is also necessary to curb inflation, which is currently at a fairly high level," Putin told an international investment conference organised by Russia's second-largest lender VTB in Moscow

Share markets rise on expectations of CRR cut by RBI later this week

The NSE Nifty 50 climbed 0.32 per cent to 24,534.65 points, as of 11:02 a.m. IST, while the BSE Sensex gained 0.37 per cent to 81,145.54

Gold prices steady as market anticipates key US jobs data, Powell's speech

South Korean lawmakers urged President Yoon Suk Yeol to resign or face impeachment after he briefly declared and then reversed martial law, sparking a political crisis

Grains for gold: Govt export curbs drive boom in barter smuggling

The practice of smuggling gold to buy grain has persisted even after India, the world's second-largest gold consumer, slashed 9 percentage points from its import duty in July

Oil prices edge higher on imminent Opec+ decision, geopolitical turmoil

In the Middle East, Israel said on Tuesday that it would return to war with Hezbollah if their truce collapses and that its attacks would go deeper into Lebanon and target the state itself

South Korea faces global backlash after President Yoon's martial law decree

The martial law declaration cast doubts over a possible visit next week by the U.S. defense secretary. Japanese media reported he was due to meet South Korean and Japanese counterparts as part

French lawmakers set to oust PM Barnier in historic no-confidence vote

The impending collapse of the government will leave a hole at the heart of the European Union at a time when Germany is also weakened and in election mode, just weeks ahead of U.S. President-elect Don

Reserve Bank likely conducting dollar-rupee swaps to support currency

The currency has largely remained under pressure over the last two months on the back of heightened foreign portfolio outflows and a wave of dollar strength sparked by the Donald Trump's victory

Russia sees no grounds for Ukraine talks but mentions peace more frequently

Kyiv, which on Tuesday declared that it would not settle for anything less than NATO membership to guarantee its future security, has also said it will not compromise its territory

Britain and Qatar to sign MoU boosting fintech and green finance ties

The memorandum is being signed during a two-day state visit to Britain by Qatar's emir, Sheikh Tamim bin Hamad Al Thani, who is expected to meet Prime Minister Keir Starmer later on Wednesday

Google Cloud partners with Air France-KLM to enhance operations with AI

Google Cloud said in a statement that the Franco-Dutch airline group's 551 operating aircraft, 93 million passengers carried in 2023, and its commercial and cargo flights generated large amounts

Indian steel mills struggle as cheap Chinese imports flood the market

At small and medium-sized mills, which account for 41 per cent of India's total steel output and employ more than 1.5 million people, capacity utilisation has dropped by nearly a third over the past

Trump mulls replacing Pete Hegseth with Ron DeSantis for Pentagon, says WSJ

DeSantis, who lost his bid for the Republican presidential nomination to Trump, was on an earlier list of potential defense secretary candidates but Trump decided to go with Hegseth, the Journal

Trump's plan for Ukraine in focus: Territorial concessions, Nato off table

Trump repeatedly pledged during his election campaign to end the nearly three-year-old conflict within 24 hours of his Jan. 20 inauguration, if not before then, but has yet to say how

StanChart aims $200 bn in new wealth assets, eyes Chinese, Indian clients

The bank sees good growth opportunities particularly as clients look to move businesses out of China

'Trump trade' twists can adversely affect EM investors as dollar drags down

Since the third week of September, the US dollar has strengthened 4.0 per cent against a basket of EM currencies

China's industries warn US chips no longer safe amid rising trade tensions

China and the US have targeted each other's economies in the last few days, escalating tensions even before US President-elect Donald Trump returns to the White House in January

Marvell forecasts Q4 revenue above estimates due to AI chip demand

Marvell's shares have risen nearly 60% this year as Wall Street has bet heavily on soaring demand for advanced chips that can support the complex processing needs of genAI

Sizzling valuations no bar for Asia data centre deals as AI growth beckons

Many industry executives say the regional data centres will continue to command high valuations due to the nascent nature of the industry