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Indian refiners resume imports of Venezuelan oil, RIL seeks direct deal

But Venezuela's oil output has been volatile, limiting what it can offer for exports

Netflix, Viacom18 among streaming firms set to oppose broadcasting bill

The Bill proposes the formation of individual content evaluation committees with members from various social groups who will review and sign off on shows before they are released

India's Aether Industries ordered to shut production at blast affected site

A storage tank blast killed seven people and injured 24 at one of the company's plants in the port city in Gujarat state, Aether Industries confirmed on Thursday

UN secretary general, COP28 president clash over future of fossil fuels

The competing visions summed up the most divisive issue facing world leaders at this year's UN climate summit in the oil-producing United Arab Emirates

COP28: World's top donors join IFC to lure $11 billion in climate cash

Mark Gallogly's Three Cairns Group and the Bezos Earth Fund are among the charitable donors that aim to seed the ACP with $235 million, with a further $590 million expected to come from investors

Tesla shares fall on long wait for Cybertruck payoff, hefty price tag

Musk has said Tesla was likely to reach a production rate of roughly 250,000 Cybertrucks a year in 2025

India's forex reserves rise to near three-month high of $597.94 billion

The reserves rose by $2.5 billion in the reporting week, after rising $5.1 billion in the week before

India's services exports rise 10.8% to $28.03 bn in Oct, imports fall 0.4%

Data released by the government last month showed services exports in October were $28.70 billion, while imports were $14.32 billion

India's two-wheeler sales surge in Nov on festive boost, rural demand

Rural India accounts for 55% of total two-wheeler sales and is key for the sector

Google pushes for antitrust action against Microsoft in UK cloud market

In a letter submitted to the CMA, Google said Microsoft's licensing practices unfairly discouraged customers from using competitor services, even as a secondary provider alongside Azure

BOJ survey highlights strong bond market strains from ultra-easy policy

Former Governor Haruhiko Kuroda deployed QQE in April 2013, aiming to shock the public out of a deflationary mindset with heavy money printing, and fire up inflation to the bank's 2% target

COP28: UAE president announces $30 bn fund to bridge climate finance gap

In collaboration with global asset managers BlackRock, Brookfield and TPG, ALTÉRRA has committed $6.5 billion to climate-dedicated funds for global investments, including the Global South

IHH seeks acquisitions in Indonesia, Vietnam; eyes turnaround in China

IHH is in the midst of reviewing its strategy for China where its operations are currently loss-making

Pakistan's top court begins hearing challenge to expulsion of Afghans

More than 370,000 Afghans have fled Pakistan since Oct. 1, after Pakistan vowed to expel more than a million undocumented refugees, mostly Afghans

COP28 spotlights global warnings about the pain of climate change

In the day's opening address, Britain's King Charles is expected to warn that repeated signs of climate impact are being ignored, with devastating consequences

Foreign flows into Indian bonds hit 6-year high ahead of index inclusion

Foreign portfolio investors bought a net 127.2 billion rupees ($1.53 billion) of bonds in November, the highest since June 2017, data from Clearing Corp of India showed

India home prices to outstrip inflation, driven by high end of market: Poll

The survey predicted home prices in large urban centres Mumbai, Delhi and Bengaluru rising 6.0%, 7.0% and 7.0% next year, respectively

RBI to hold rates at 6.50% through mid-2024, cut seen in Q3: Poll

All 64 economists in the Nov. 17-30 Reuters poll expected the central bank to hold the repo rate at 6.50% at the conclusion of its Dec. 6-8 meeting

After Elon Musk tirade, X faces prospect of more advertisers fleeing

Walt Disney and Warner Bros. Discovery suspended advertising on X earlier this month following Musk's endorsement of an antisemitic post

Global stock index rises as dollar, bond yields climb with rates in focus

The dollar gained as investors took profits on bets it would weaken further and shrugged off economic data suggesting the Fed could be done hiking rates