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India's March fuel demand jumps to record high on robust economic activity

India's fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world's third biggest oil consumer

Wall Street bank earnings under pressure after global banking crisis

Earnings per share (EPS) for the six biggest US banks are expected to be down about 10 per cent from a year earlier, analyst estimates from Refinitiv I/B/E/S show

India remains top destination for Russian Urals oil in April: Report

Attractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freight rates are also helping keep supplies elevated

BofA sees meaningful risks of Q2 US economic contraction after recent data

BofA pointed to data from April 3 showing US manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged

J&J talc unit second bankruptcy must be dismissed, victims' lawyers say

The attorneys, in the filing, denounced J&J's move to refile its subsidiary LTL Management for bankruptcy, which relies on a controversial legal maneuver, just two hours after first case was dismissed

India's March fuel demand soars to record high on robust economic activity

Consumption of fuel, a proxy for oil demand, rose by 5% from a year earlier to 4.83 million barrels per day (20.5 million tonnes), the highest recorded in data going back to 1998

Torrent Power makes lowest bid for Indian power supply contract: Reports

Torrent Power quoted 13.70 rupees per unit price to supply 770 megawatts each for 45 days in April and May from two of its gas-based projects in the western state of Gujarat

Wall Street drops as job gains fuel rate-hike worries; Nasdaq falls 1.2%

First Republic slips as bank suspends preferred stock dividend; semiconductor stocks up; Samsung plans to cut chip output

Ukraine wants tighter ties with India, visit by PM Modi: Ukraine minister

India has sought a diplomatic solution to the conflict in Ukraine, while Modi told Russian President Vladimir Putin in September that now is "not an era of war"

World Bank chief raises 2023 global growth outlook, eyes debt progress

Advanced economies, including the US, are also doing a bit better than the World Bank anticipated in January, Malpass said

India's overnight swap market pricing in rate cuts before 2023 end: Experts

OIS rates, often seen as the clearest indication of future policy rate actions, are interest rate derivative products that move as per the expectations of rate trajectory

China ends Taiwan drills after practising blockades, precision strikes

Chinese jets, warships practice blockading Taiwan; Chinese aircraft carrier also involved in drills

Indian sugar prices climb as production drops amid record demand

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Torrent Power makes lowest bid for power supply contract, says report

"The government is likely to award contracts for 1,100-megawatts to Torrent Power," the report said

Inflation may ease in March on softening food prices, says poll

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices

Singapore's Temasek buys 41% stake in Manipal Health for $2 billion: Report

Manipal currently serves over 5 million patients a year through its 29 hospitals in 16 cities with 4,000 doctors, according to a statement issued jointly by the investors

Watchdogs or opportunists? Short sellers in focus after US bank crisis

Short interest in First Republic indeed increased as turmoil in the banking sector intensified, although measures vary

With air and sea drills, China simulates striking Taiwan in second day

Taiwan's defence ministry said that as of 0800 GMT (1.30 IST) on Sunday they had spotted 70 Chinese aircraft, including Su-30 fighters and H-6 bombers, as well as 11 ships, around Taiwan

Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe

"Japan's 15 years of deflation has created a strong perception among the public that prices and wages won't rise," Kuroda, 78, told a news conference

Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe

"Japan's 15 years of deflation has created a strong perception among the public that prices and wages won't rise," Kuroda, 78, told a news conference