 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Page 7 - Reuters%20
Dubai limits foreign flights until May 31, hitting Indian airlines hardest
The Federation of Indian Airlines (FIA), which represents top carriers IndiGo, Air India and SpiceJet, has asked India to push Dubai authorities to lift the curbs
 "Dubai limits foreign flights until May 31, hitting Indian airlines hardest")
Asian stocks rally, set for best week since 2022 ahead of US-Iran talks
MSCI's broadest index of Asia-Pacific shares outside Japan added 0.9 per cent to put it up 7.3 per cent for the week, the most since November 2022
 "Asian stocks rally, set for best week since 2022 ahead of US-Iran talks")
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
 "Jio-BP doesn't plan to raise fuel prices as sales of gasoline, oil surge")
Equity MF inflows jump 56% to 8-month high of ₹40,450 crore in March
Flows into large-cap funds rose 42 per cent month-on-month to ₹2,998 crore while those into mid-caps funds jumped to a record ₹6,064 crore
 "Equity MF inflows jump 56% to 8-month high of ₹40,450 crore in March")
Gold demand in India picks up ahead of Akshaya Tritiya, China premiums ease
Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold is considered auspicious, will be celebrated on April 19
 "Gold demand in India picks up ahead of Akshaya Tritiya, China premiums ease")
China's factories slip back into inflation on Iran war price shock
An input-cost shock to the world's largest manufacturing base threatens jobs and wages, with around a quarter of firms already operating at a loss after years of overcapacity and price wars
 "China's factories slip back into inflation on Iran war price shock")
China's independent refiners buy Iran oil at premiums to Brent for 1st time
Iranian oil typically trades at discounts to Brent because of the sanctions and Chinese independent refiners, also known as teapots, are its biggest buyers
 "China's independent refiners buy Iran oil at premiums to Brent for 1st time")
Pilots fear retribution over refusing to fly in West Asia: Aviators' group
Pilots from Lebanon to India have voiced 'widespread' concerns they could face sanctions if they do not fly in often unpredictable conditions where airspace can close with little notice
 "Pilots fear retribution over refusing to fly in West Asia: Aviators' group")
Capri Global to raise ₹500 cr via bonds, shift focus to debt markets: MD
The non-banking finance company will issue bonds with maturities of two, three, five and 10 years
 "Capri Global to raise ₹500 cr via bonds, shift focus to debt markets: MD")
Oil prices rise following strikes on Saudi Arabia's energy infrastructure
Brent crude futures gained 83 cents, or 0.87 per cent, to $96.75 a barrel as of 0100 GMT
 "Oil prices rise following strikes on Saudi Arabia's energy infrastructure")
Banks exit bulk of rupee arbitrage positions ahead of RBI deadline
RBI imposed limits on banks on March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10
 "Banks exit bulk of rupee arbitrage positions ahead of RBI deadline")
Tesla plans smaller, cheaper EV; global production expansion likely
The conversations involved the manufacturing pro- cess and specifications for various components
 "Tesla plans smaller, cheaper EV; global production expansion likely")
Meta unveils Muse Spark, first AI model from superintelligence team
Superintelligence refers to AI machines that could outthink humans. Muse Spark is the first in a new series of models, known internally as Avocado, from that team
 "Meta unveils Muse Spark, first AI model from superintelligence team")
US Q4 GDP growth revised down to 0.5% as economy slows more than expected
Last year's shutdown of the government was the key driver of the slowdown from the third quarter's 4.4 per cent growth pace
 "US Q4 GDP growth revised down to 0.5% as economy slows more than expected")
RBI speeds up cross-border inflows with faster customer credits
Banks need to put in place a straight-through process for crediting the inward payments to individual accounts
 "RBI speeds up cross-border inflows with faster customer credits")
US jobless claims rise slightly, labour market remains resilient
The labor market has been stuck in what economists call a "low-hire, low-fire" state which they blamed on uncertainty stemming from Trump's import tariffs and mass deportations
 "US jobless claims rise slightly, labour market remains resilient")
Rupee falls 0.1% as West Asia truce pushes oil higher, dents stocks, bonds
Rupee slips to 92.65 per dollar as oil prices jump on Middle East tensions, dragging equities and bonds while foreign outflows and weak sentiment add pressure
 "Rupee falls 0.1% as West Asia truce pushes oil higher, dents stocks, bonds")
Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline
The measures were aimed specifically at curbing arbitrage trades between the onshore market and the non-deliverable forward (NDF) market, per bankers
 "Banks exit bulk of India rupee arbitrage positions ahead of RBI deadline")
India's new steel policy targets 25% emissions cut, 400 MT output by 2035
The new emissions reduction target has not been previously reported
 "India's new steel policy targets 25% emissions cut, 400 MT output by 2035")
Israeli military says it has killed nephew of Hezbollah chief Naim Qassem
Israel struck Beirut's southern suburbs just before midnight and at dawn, and hit towns across the south on Thursday morning, Lebanese state media said
 "Israeli military says it has killed nephew of Hezbollah chief Naim Qassem")