Page 412 - Reuters%20

Govt seeks exemption for sovereign funds from RBI's AIF rules: Official

The rules, tightened to prevent evergreening of loans, were partially eased later in March

Vedanta to raise $120 million by issuing non-convertible debentures

In the past two months, Vedanta's board has already approved raising up to $300 mn through debentures

Vaccine group Gavi seeks $11.9 bn to immunise world's poorest children

The amount will be finalised at a meeting on Thursday in Paris, where donors will make pledges for the organisation's plan for 2026-2030

Nippon-US Steel deal may hike decarbonisation costs, say shareholders

Nippon Steel, the world's fourth biggest steelmaker, last year announced a $15 billion takeover offer for US Steel

Govt bond yields to remain rangebound as traders watch US yields, RBI cues

India's benchmark 10-year yield is likely to move in a 6.95 per cent-6.99 per cent range

Asian stocks hold on to gains; BoE in focus ahead of rate decision meeting

Apart from the BoE, investors will also watch out for central bank decisions from Switzerland and Norway on Thursday to set the tone for global rates outlook

Global fossil fuel use, emissions hit records in 2023, says report

Overall global primary energy consumption hit an all-time high of 620 Exajoules (EJ), the report said

Job creation is India's top economic challenge, policy experts say: Poll

An overwhelming 91 per cent majority of development economists and policy experts, 49 of 54, said unemployment would be the biggest economic challenge for the government's term

India's economic inequality to persist despite roaring GDP growth: Poll

Inequality is not something that will go away on its own ... it needs proactive government interventions

Why has a visit by US lawmakers to India upset China? All you need to know

The meeting annoyed Beijing, which urged the United States on Tuesday to "fully recognise the anti-China and separatist nature of the Dalai clique"

Bank of England to keep rates at 16-year high of 5.25% before UK election

Last month the central bank forecast inflation would rise to around 2.6 per cent by the end of the year

UK takes top spot in Europe, Israel for GenAI startups, says Accel

Accel analysed 221 GenAI startups and found that 30 per cent were founded in the UK, 14 per cent in Germany, and 13 per cent in Israel

US wants Netherlands, Japan to further restrict chip equipment to China

In a response on Wednesday, Chinese foreign ministry spokesperson Lin Jian said China was opposed to the US "coercing other countries and suppressing China's semiconductor industry"

Toyota chair sees shareholder backing slide to 72% amid governance concerns

It is likely to be seen as an embarrassing rebuke for one of the giants of corporate Japan, where traditionally executives are re-elected to boards with overwhelming support

Govt impounds Som's distillery, suspends licences over child labour

Police launched an investigation into Som after the National Commission for Protection of Child Rights (NCPCR) last week found 39 boys and 20 girls working at the factory

Putin, Kim ink mutual defence pact; North Korea vows unconditional support

On his first visit to Pyongyang since July 2000, Putin explicitly linked Russia's deepening of ties with North Korea to the West's growing support for Ukraine

RBI sold net $3.6 bn in spot forex market in April: Monthly bulletin

The Indian rupee was little changed month-on-month in April but fell to its record low of 83.5750 during the month while its upside was capped at 83.15

India's coal-based power demand rise by 7.3%, at all-time high: Govt

Peak demand for power in India's hot, arid northern plains hit a record earlier this week, even as the government said it continues to implement measures to meet high energy consumption

Dip in e-commerce festival sales adds more woes to China's economic crunch

Sales in 618 had grown even during the pandemic, according to Syntun, and peaked in 2023 at nearly 800 billion yuan

Children were sent to distillery by school bus: NCPCR chief on MP case

Police in the state of Madhya Pradesh launched an investigation into Som after the National Commission for Protection of Child Rights last week found 39 boys and 19 girls working at the factory