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India tops Russian Urals oil purchases in June as China retreats: Report

Russia has heavily relied on India, China, Turkey and Bulgaria for oil sales since the imposition of sanctions

Jio's new low-cost phone unlikely to disrupt telecom market: Analysts

Jio's launch also comes about a month after India's cabinet approved a $10 billion revival package for loss-making state-owned telecom operator BSNL to help deploy 4G and 5G services

India mulls bilateral deals for green hydrogen-linked carbon credits

Indian companies such as Reliance Industries, Indian Oil and Adani Enterprises have big plans for green hydrogen, a fuel generated using renewable energy

HSBC chases wealthy clients in India with private banking business launch

HSBC said on Tuesday it would target business with India's wealthy as it launched its global private banking business in the country

India's Epsilon Advanced Materials expects US plant to start by 2026

Epsilon, the first Indian battery component maker to invest in the United States, would finalise a location for its plant in the next three months, said Vikram Handa

Temperatures seen surging as El Nino weather pattern returns: WMO

El Nino, a warming of water surface temperatures in the eastern and central Pacific Ocean, is linked to extreme weather conditions from tropical cyclones to heavy rainfall to severe droughts

China move to curb chipmaking material exports escalates supply worries

China has hit the American trade restrictions where it hurts, said Peter Arkell, chairman of the Global Mining Association of China

Twitter users must be verified to access TweetDeck, announces company

Charging for TweetDeck, which was previously free and is widely used by businesses and news organizations to easily monitor content, could bring a revenue boost to Twitter

India's fantasy sports' revenue rises 24% during IPL 2023: Redseer report

Fantasy gaming apps gained popularity in India during the pandemic. Many new companies entered the market to cash in on cricket's popularity and have launched virtual leagues

Indian rupee may inch up; RBI remains in way of large appreciation

The rupee on Monday reached a near two-month high of 81.75 on dollar offers by foreign banks, which market participants said was likely related to their custodial clients and to a one-off inflow

Saudi Arabia and Russia are cutting oil supply again in bid to boost prices

Russia will reduce its oil exports by 500,000 bpd in August; Saudi said it would extend its cut of 1 mbpd till August

Dollar little changed, yen below 145 threshold:

The dollar initially weakened on news US manufacturing slumped further in June to levels last seen when the economy was reeling from the initial wave of the Covid-19 pandemic

Musk's Twitter rate limits could undermine new CEO, ad experts say

Users posted screenshots in reply, showing they were unable to see any tweets, including tweets on the pages of corporate advertisers, after hitting the limit

Microsoft faces EU antitrust probe after remedies fall short: Report

Slack alleged that its rival had unfairly integrated workplace chat and video app Teams into its Office product

GIFT Nifty begins India journey as new hedging option for investors

Investors who were taking cues on the movement of the NSE's blue-chip Nifty 50 index ahead of its opening from the SGX Nifty will now do so with GIFT Nifty

World Bank, WTO chiefs seek to reignite services trade negotiations

The WTO has a mandate to liberalise services but its member states have not collectively improved market access since 1997 when deals were struck on telecommunications, it said

Indian refiners start yuan payments for Russian oil imports: Report

China has also shifted to the yuan for most of its energy imports from Russia, which overtook Saudi Arabia to become China's top crude supplier in the first quarter this year

Prestige Estates plans to make $195 mn housing project debut in Indian mkt

Prestige has, for years, focussed on its home turf of Bengaluru and a few south Indian cities, developing more than 280 residential, commercial, retail and hospitality projects

India's June passenger vehicle sales climb on account of new launches

Auto sales numbers are keenly watched as they are a key indicator for assessing private consumption, which has more than 50% weightage in calculating the country's economic growth

Rupee hits near 2-month high on dollar inflows, RBI may have stepped in

The focus this week is on the slew of important US data releases. The ISM US manufacturing data is due later in the day, followed by their services print on Wednesday