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RBI to work with govt for 'Goldilocks conditions', says Guv Sanjay Malhotra

The RBI shall continue to be supportive to manage excessive volatility without targeting any particular level or band of exchange rate, said Malhotra

OpenAI to raise $40 bn in funding round led by SoftBank for AI research

SoftBank would provide 75 per cent of the funding, according to a person familiar with the matter, with the remainder coming from Microsoft, Coatue Management, Altimeter Capital and Thrive Capital

White House weighs executive order to fast-track deep-sea mining: Report

If signed, the order would mark US President Donald Trump's latest attempt to tap international deposits of nickel, copper and other critical minerals used widely across the economy

US sanctions six Chinese and Hong Kong officials for rights abuses

Western countries have criticized Beijing for imposing the national security law on Hong Kong and using it to jail pro-democracy activists

Zelenskyy says Russia has committed over 183,000 war crimes in Ukraine

Russia did not immediately comment after business hours on Zelenskyy's remarks, but has previously denied its soldiers have committed atrocities

Renault, Nissan further loosen ties to support Japanese firm's turnaround

Nissan will also be released from its commitment to invest in Renault's electric vehicle unit Ampere, for which it had pledged 600 million euros

Russia is working with US on Ukraine settlement ideas, says Kremlin

President Donald Trump said he was 'pissed off' at Russian President Vladimir Putin

United Airlines receives FAA approval for first Starlink-equipped planes

The Chicago-based airline plans to add the high-speed Wi-Fi technology to around 40 regional jets per month and expects all 300 planes of the type will be completed by the end of the year

Trump Media & Tech Group lists on NYSE Texas, handing early win to exchange

The company, which operates Truth Social and is primarily owned by US President Donald Trump, said it will also list its warrants on the Texas exchange

Indian mills produced 24.8 MT of sugar so far in 2024-25 season: Report

The Indian Sugar and Bio-Energy Manufacturers Association said that in this season Indian mills have produced 24.8 million metric tonnes of sugar so far

US drug stocks fall as FDA vaccine chief ousted amid Trump health overhaul

The pharma and biotech sector has been under pressure since Donald Trump returned to the White House earlier this year

BlackRock's CEO Larry Fink warns of protectionism amid private market push

Fink wrote in his annual chairman's letter that too many people are currently missing out on prosperity in twin-speed economies

Crude inches up as investors await Trump's actions on Russian oil, Iran

China and India are major buyers of Russian crude and their acquiescence would be crucial to making any secondary sanctions package seriously hurt exports from the world's second largest oil exporter

Iran will deliver 'strong blow' against US if it attacks, says Khamenei

Donald Trump reiterated his threat on Sunday that Iran would be bombed if it does not accept his offer for talks outlined in a letter sent to Iran's leadership in early March

Goldman raises odds of US recession to 35%, predicts 3 interest rate cuts

The brokerage also lowered the world's largest economy's GDP growth forecast for 2025 to 1.5 per cent from 2.0 per cent and projected three interest rate cuts

US companies have shown interest in rare earth projects in Russia: Kremlin

Russian President Vladimir Putin's investment envoy, Kirill Dmitriev, said that talks with American firms had already begun

UK's Primark boss Paul Marchant resigns after 'error of judgement'

The group said that Marchant had cooperated with an investigation led by external lawyers, acknowledged his error of judgement

Trump threatens to bomb Iran if it does not agree to nuclear deal

There's a chance that if they don't make a deal, that I will do secondary tariffs on them like I did four years ago, Trump said

China's manufacturing at 12-month high on strong orders, PMI rises to 50.5

The non-manufacturing PMI, which includes services and construction, accelerated to 50.8 from 50.4

US President Trump threatens 25-50% secondary tariff on Russian oil

Trump told NBC News he was angry and "pissed off" when Russian President Vladimir Putin criticized the credibility of Ukrainian President Volodymyr Zelenskiy's leadership, NBC reported