Page 6 - Reuters%20

World Bank chief warns of looming jobs crisis even after Iran war ends

World Bank chief said governments must balance immediate crises with long-term priorities including job creation, clean water access and electrification

RBI scrutinises methods banks use for unwinding rupee arbitrage trades

Following the central bank's measures, the rupee has recovered from near 95.20 per US dollar to near 92.50, before paring its rally on Monday

Trump hits out at Pope Leo XIV over his stance on crime, foreign policy

Pope Leo, the first US-born leader of the Catholic Church, has been an outspoken critic of the US-Israeli war on Iran and has also questioned Washington's approach to immigration

India, China boosts LPG imports from US to replace West Asia supply

LPG exports from the West Asia, Asia's top supplier of the fuel used for cooking and feedstock for petrochemical plants, have plunged since the US-Israeli war with Iran started in late February

Oil tankers steer clear of Strait of Hormuz as US prepares for blockade

Iran's Revolutionary Guards said any military vessels attempting to approach the Hormuz would be considered a violation of the ceasefire and be dealt with harshly and decisively

Oil prices resume their climb, Asian markets fall as US set to block Hormuz

Japan's benchmark Nikkei 225 lost 1.0 per cent in morning trading to 56,357.40; South Korea's Kospi dipped 1.1 per cent to 5,795.15

Donald Trump vows to block Hormuz after US-Iran peace talks fail

Vance said Iran had chosen not to accept American terms, including not to build nuclear weapons

'Bad news': Vance says no agreement after Iran peace talks in Pakistan

Vance cited shortcomings in the talks and said Iran had chosen not to accept American terms, including to not build nuclear weapons

US intel indicates China plans to ship air defense systems to Iran: Report

Beijing is preparing to transfer shoulder-fired anti-air missile systems known as MANPADs, CNN said, citing sources it did not name

Haryana raises minimum wages 35% after protests by auto industry workers

The decision comes a day after clashes between the police and workers in Manesar, located 30 miles (48.28 km) south of New Delhi and home to companies like Maruti Suzuki

White House official rejects reports of US unfreezing Iranian assets

There was no immediate statement from the United States about any unfreezing of assets. Qatar's Foreign Ministry did not immediately respond to a request for comment

Oil drops ahead of US-Iran talks, posts biggest weekly fall since 2022

US West Texas Intermediate crude futures fell $1.30, or 1.3 per cent, to settle at $96.57 a barrel, with a weekly decline of 13.4 per cent, its largest since April 2020

Oil prices set for biggest weekly loss in 10 months after US-Iran ceasefire

Brent crude futures were up 5 cents, or 0.05 per cent, at $95.97 a barrel by 1150 GMT

China won't tolerate Taiwan's independence, says President Xi Jinping

Meeting in the Great Hall of the People, Xi told Cheng that today's world was not entirely at peace, and peace was precious

Govt permits 4 Iranian oil tankers to berth for Reliance at Sikka port

Iranian oil is often transported by a shadow fleet of vessels that lack internationally recognised insurance and safety certifications

MEA says deeply concerned by reports of civilian casualties in Lebanon

Israel invaded Lebanon last month in pursuit of Hezbollah after the group fired into Israel in support of Iran, as the US-Israel war on Iran raged

RBI to push for reporting of offshore rupee trades despite resistance

The RBI wants lenders to start sharing data on at least 70% of such derivative transactions, starting February 2027

RBI's liquidity withdrawal move pushes up bond yields, swap rates

The Reserve Bank of India on Friday said it will conduct a variable rate reverse repo auction for ₹2 trillion ($21.58 billion), its first such operation in four months

Govt eases conditions for rice exports to some European countries

The requirement of a certificate is limited to EU member states, the ​United Kingdom, Iceland, Liechtenstein, Norway ‌and Switzerland, the ​notification said

Jio-BP doesn't plan to raise fuel prices as sales of gasoline, oil surge

The company, a joint venture between Reliance Industries and ​BP, has adequate fuel supplies and ‌has not imposed ​any ‌limits on retails sale of ‌gasoline or gasoil