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US govt shutdown would be negative for credit rating, says Moody's

U.S. government services would be disrupted and hundreds of thousands of federal workers furloughed without pay if Congress fails to provide funding for the fiscal year starting Oct. 1

Canada's lentil sales to India slow after Trudeau raises murder suspicions

Canada is India's main import source of lentils, a protein-rich staple used to make daal curry

OPEC's share of India's August crude oil imports at five month high

This surge was attributed to Indian refiners reducing their purchases of Russian oil due to elevated prices and maintenance outages at some facilities, as indicated by tanker data from various sources

JPMorgan sees India in its top 3 fastest-growing Asia markets in 2024

Global corporations like Apple Inc have stepped up production out of India while others like Tesla are in discussions to begin manufacturing in the country

India bond yields dip as investors eye second-half borrowing calendar

The 10-year benchmark 7.18% 2033 bond yield ended at 7.1441% after closing at 7.1541% in the previous session

Dollar hits 10 month high as US yields spike, yen recovers from dip

Federal Reserve policymaker Neel Kashkari said on Monday that, given the strength of the U.S economy, interest rates should probably rise again and be held "higher for longer"

EU's industry chief Breton tells Apple CEO to open its ecosystem to rivals

Be it the electronic wallet, browsers or app stores, consumers using an Apple iPhone should be able to benefit from competitive services by a range of providers," he said

Mid, smallcap rally to persist amid more inflows: DSP Mutual Fund's Parekh

DSP Mutual Fund will also launch a smallcap fund this year to take advantage of the inflows to the segment, Parekh said

India demands $150 mn in taxes from Tiger Global-backed gaming firm Dream11

Dream11 has filed a lawsuit in the High Court in Mumbai challenging the notices, court papers showed. The case is likely to be heard in coming days

Alibaba starts restructuring with plan to list logistics arm in Hong Kon

In the months since, the company has approved a process to start external financing for its international commerce arm and was also looking to list its cloud unit

Oil prices fall as high-interest rate outlook outweighs tight supply

Meanwhile, the U.S. dollar hit a 10-month high on Tuesday, as higher bond yields attracted investors towards the greenback

Pegatron India's iPhone factory shutdown may go into day 3: Report

Pegatron has asked independent surveyors to assess the fire damage, a fifth source said

Cough syrup deaths overseas prompts US crackdown on toxic testing

The manufacturers include U.S.-based companies and exporters from India, South Korea, Switzerland, Canada and Egypt

US yields hit 2007 levels as Fed signals, shutdown fears stoke angst

Euro zone bond yields also held near multi-year highs as the narrative that central banks will keep rates higher for longer held sway

Airbus names sales chief Scherer CEO of core planemaking operation

The appointment of Scherer, 61, heralds broad continuity inside the main commercial arm, which competes with Boeing and makes up about 70% of the company's revenues

India to set emission reduction mandates, start carbon trading from 2025

Companies which exceed their targets earn carbon credits that can be sold to firms which fall short of their goals

Centre, RBI officials to finalise 2nd half borrowing plan today: Report

India plans to borrow about Rs 6.55 trillion in the second half of the current fiscal year that started April 1, according to government's budget estimates

India's bond index inclusion set to test RBI's liquidity, FX management

"So as and when passive investors encounter tax implications, they will think twice," the report said

Centre to cut floor price for basmati rice exports in coming days: Report

India will lower the basmati floor price to $850 a metric ton, down from $1,200 a ton, to help millers and traders ship out the rice grade, said the report

Taliban weighs using US mass surveillance plan, met with China's Huawei

But some analysts question the cash-strapped regime's ability to fund the programme, and rights groups have expressed concern that any resources will be used to crackdown on protesters