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MSCI Aug rejig: India weight on equity index at record; $3 bn inflows eyed

HDFC Bank, India's top private lender and the heaviest stock in the benchmark NSE Nifty 50, will see an increase in its weightage, triggering potential inflows of $1.8 billion, Pagaria said

Japanese shares lift Asian stocks on steady yen ahead of US data barrage

Japan's Nikkei rose more than 2 per cent in early trading after Monday, a welcome relief after last week's volatility that began with a massive sell-off spurred by rising yen and fears of US recession

S&P, Moody's downgrade JetBlue amid $3 bn debt raise, shares sink

JetBlue intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue

Ukraine seizes 28 villages in Russia's Kursk ahead of possible peace talks

Putin said Zelenskyy is trying to improve negotiating position; questions "what talks there can be with Ukraine"

NMDC Q1 results: Net profit up 20% at Rs 1,984 cr on higher prices

Profit for the country's largest state-owned iron ore miner swelled 20% from a year earlier to Rs 1,984 crore (about $236 million) for the three months ended June 30

JetBlue Airways to raise over $3 bn through debt offerings, shares fall

The New York-based airline intends to raise $1.5 billion through a private offering of senior secured notes and an additional $1.25 billion via a term loan, secured by TrueBlue

Voda Idea Q1 results: Net loss narrows to Rs 6,432 cr on reduced expenses

Vodafone Idea's revenue slipped 1.4 per cent to Rs 10,508 crore, below analysts' expectation of Rs 10,592 crore

Kenya's aviation union workers to strike over airport deal with Adani

The Kenya Aviation Workers Union, which represents airport workers, said the proposed agreement announced last month with India's Adani Airport Holdings would lead to job losses

Direct tax collections jump 24% to Rs 8.13 trn in April-Aug: Govt

Net direct tax collections, after adjusting for refunds, was Rs 6.93 trillion during the period, about 22.5 per cent higher than last year

Opec cuts global oil demand growth forecast in 2024, citing China

The reduction still leaves Opec at the top end of industry estimates. Oil was steady after the report was released, trading above $80 a barrel

Retail inflation slows to 5-yr low of 3.5% in Jul as food prices ease: Govt

Retail inflation fell below the Reserve Bank of India's target of 4 per cent largely due to the high-base effect, suggesting the slower pace of price rises was temporary

Rupee slips to record closing low of 83.9725 as Asian currencies weaken

The rupee closed at 83.9725 against the US dollar, after closing at 83.9550 in the previous session. The currency hovered in a narrow range between 83.95 and 83.97 during the session

Uttar Pradesh backs hybrid tax waiver; win for Toyota, blow for Tata, M&M

In a meeting between state officials and automakers on Sunday, Uttar Pradesh Chief Secretary Manoj Kumar Singh said there would not be a rollback of the decision

Pernod India counsel resigns for Google amid antitrust, criminal probes

Bijoya Roy was part of Pernod India's leadership team and also led its compliance division

Adani vs Hindenburg row: As Sebi chief accused, here's all you need to know

Hindenburg Research was founded in 2017 by Nathan Anderson

ISA seeks export tax on low-grade iron ore, pellets to curb local shortages

India currently does not tax exports of low-grade iron ore, but levies a 30 per cent export duty on high-grade iron ore

China test-flies biggest cargo drone as low-altitude economy rises

China has already begun commercial deliveries by drone

MIDHANI slides as Q1 PAT drops 72% YoY

Russia evacuates another border region amid growing threat from Ukraine

Ukrainian forces rammed through the Russian border early on Tuesday and swept across some Western parts of Russia's Kursk region

France's beautiful dream fades as Paris Games give way to political crisis

Talks over government jobs and budget cuts loom, with voter anger sure to follow