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Opec cuts global oil demand growth forecast in 2024, citing China

The reduction still leaves Opec at the top end of industry estimates. Oil was steady after the report was released, trading above $80 a barrel

Retail inflation slows to 5-yr low of 3.5% in Jul as food prices ease: Govt

Retail inflation fell below the Reserve Bank of India's target of 4 per cent largely due to the high-base effect, suggesting the slower pace of price rises was temporary

Rupee slips to record closing low of 83.9725 as Asian currencies weaken

The rupee closed at 83.9725 against the US dollar, after closing at 83.9550 in the previous session. The currency hovered in a narrow range between 83.95 and 83.97 during the session

Uttar Pradesh backs hybrid tax waiver; win for Toyota, blow for Tata, M&M

In a meeting between state officials and automakers on Sunday, Uttar Pradesh Chief Secretary Manoj Kumar Singh said there would not be a rollback of the decision

Pernod India counsel resigns for Google amid antitrust, criminal probes

Bijoya Roy was part of Pernod India's leadership team and also led its compliance division

Adani vs Hindenburg row: As Sebi chief accused, here's all you need to know

Hindenburg Research was founded in 2017 by Nathan Anderson

ISA seeks export tax on low-grade iron ore, pellets to curb local shortages

India currently does not tax exports of low-grade iron ore, but levies a 30 per cent export duty on high-grade iron ore

China test-flies biggest cargo drone as low-altitude economy rises

China has already begun commercial deliveries by drone

MIDHANI slides as Q1 PAT drops 72% YoY

Russia evacuates another border region amid growing threat from Ukraine

Ukrainian forces rammed through the Russian border early on Tuesday and swept across some Western parts of Russia's Kursk region

France's beautiful dream fades as Paris Games give way to political crisis

Talks over government jobs and budget cuts loom, with voter anger sure to follow

Rupee flat, forward premiums dip as focus shifts to US inflation data

The rupee has struggled over the last two weeks amid outflows from local stocks

South Korea holds emergency meeting as EV fires raise consumer fear

Early this month, Kia Corp's electric crossover EV6 with South Korean battery maker SK On's batteries caught fire

CEOs of Britain's biggest companies get record pay in 2023, shows research

The highest-paid British CEO was Pascal Soriot of drugmaker AstraZeneca,

Govt bond yields seen steady as markets focus on inflation prints

The RBI last week kept the key interest rate unchanged, retaining its focus on bringing inflation down

Anti-terror tech group flags Hamas content on Musk's X, raises concerns

Members of the Global Internet Forum to Counter Terrorism (GIFCT) believe the group's credibility is undermined by X's membership and position on its board

Ukraine's Kursk attack to pressure Russia, restore justice: Zelenskyy

Ukraine has at most occupied several tens of square kilometres of Russian territory without laying claim to it

Asia shares enjoy calm before inflation test, investors hunker down

As well as July retail sales, there is data on industrial output and housing starts, along with several surveys on regional manufacturing and consumer sentiment

Yen slightly softer against dollar, Fed rate cut remains uncertain

The respite follows a tumultuous week that began with a massive selloff across currencies and stock markets

Disney plots villains-themed land, four new ships in big resorts push

Disney's announcements reveal how the firm will start $60 billion in capital investments