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Foreign ownership of India's global bonds crosses Rs 3 trn before rate cut

Foreign inflows might see a further rise amid an aggressive rate cutting cycle on growth/trade headwinds and well-behaved inflation as well as a stable currency

Why does Trump want US to control Greenland? Location, resources and more

The US has expressed interest in expanding its existing military presence on the island, including placing radars there to monitor the waters between the island, Iceland and Britain

Musk says he will finish most of $1 trn federal cost cuts within weeks

DOGE estimates it has saved US taxpayers $115 billion as of March 24 through actions including workforce reductions, asset sales and contract cancellations

RBI to double foreign investor cap in listed firms to 10% to boost inflows

Foreign portfolio investors, pressured by poor earnings, high valuations and prospects of US tariffs, have pulled more than $28 billion out of Indian stocks

Saudi Aramco in talks to invest in planned refineries of BPCL, ONGC

Aramco is in separate talks to invest in Bharat Petroleum Corp's (BPCL) planned refinery in the southern state of Andhra Pradesh and a proposed Oil and Natural Gas Corp (ONGC) refinery

Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge

The new levies could add thousands of dollars to the cost of an average vehicle in the United States

India denies entry to Russian oil tanker over documentation issues

India is the biggest buyer of seaborne Russian crude. Russian oil accounted for about 35 per cent of overall crude imports in 2024 by India, the world's third biggest oil importer and consumer

US tariff hike will drive up prices for American consumers: H&M CEO

H&M is monitoring and preparing for tariffs, though these are a moving target given the uncertainty over which countries Trump's announcement will target next week, Erver said

US prosecutors investigate tip about timing of Pfizer's Covid vaccine

The report said on Wednesday GSK's former head of vaccine development, Philip Dormitzer, had told his colleagues about the delay by Pfizer, where he worked before joining the British company

Indian banks' loan growth slows for 8th straight month in Feb: RBI data

The data showed that banks' credit increased by 12 per cent year-on-year last month, slower than the 16.6 per cent rise a year earlier

Trump asks two spy agencies to train satellites to surveil US-Mexico border

The National Geospatial-Intelligence Agency (NGA) and the National Reconnaissance Office (NRO) oversee spy satellites and analyse imagery for the Pentagon and other intelligence organisations

Gold climbs as new Trump tariffs on auto sector stoke trade tensions

Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year and hit an all-time peak of $3,057.21 on March 20

Oil holds near one-month high as markets weigh new trade war risks

PVM analyst Tamas Varga said oil had ignored falling equity markets on Wednesday and had firmed on the back of US tariffs against Venezuela and lower US crude and fuel inventories

RBI to cut rates again on April 9, one more expected in August: Poll

With inflation in India easing to a seven-month low of 3.61 per cent in February and the economy forecast to grow at 6.4 per cent this fiscal year

Axis Bank, JP Morgan roll out anytime dollar payments for clients

This is the first instance where an Indian company will have the flexibility to make or receive dollar payments at any time

RBI to raise foreign individual investment cap in listed firms to 10%

Foreign portfolio investors (FPIs), pressured by poor earnings, high valuations and prospects of US tariffs, have pulled more than $28 billion out of Indian stocks

Indian alloy steel makers plan anti-dumping plea against Chinese steel

India, the world's second-biggest producer of crude steel, has the capacity to make around 18-20 million metric tonnes per annum of alloy steel

India's quick commerce made two-thirds of all 2024 e-grocery orders: Report

The industry, which is dominated by the likes of Zomato-owned Blinkit, also accounted for a tenth of overall e-retail dollars spent in 2024

Japan considering 'all options' to address US auto tariffs, says PM Ishiba

Analysts say the move could deal a heavy blow on Japan's economy given its reliance on auto exports to the United States

China tells state firms to halt deals with Hong Kong tycoon Li Ka-shing

CK Hutchison, the telecoms-to-retail conglomerate owned by Li, has been caught in China's crosshairs in the highly politicised deal with the US firm