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UAE eyes renewables partnerships opportunities with India: Jaber in COP28

UAE will explore all partnership opportunities with India to help the south Asian country's growth and low carbon plans, the UAE's climate envoy and designated president of the COP28 summit

India likely to propose expert G20 group for World Bank reforms: Sources

The World Bank Group's climate change action plan for 2021-2025 has set a target to deploy an average of 35% of the institution's financing in support of climate action

Host India doesn't want G20 to discuss Russia sanctions further: Report

The sanctions would also seek to do more to stem the trans-shipment of oil and other restricted goods through bordering countries

Sebi proposes change in governance norms to give more power to shareholders

Such rights are against the fundamental principles of corporate governance and shareholder democracy, according to the regulator

Host India does not want G20 to discuss more sanctions on Russia: Report

The officials said the war's macroeconomic impact would be discussed but India does not want to deliberate on additional actions against Russia

Not an era for war, India reiterates, as G20 finance meet starts

India has kept a neutral stance on the war, declining to blame Russia for the invasion, seeking a diplomatic solution and increasing its purchases of Russian oil over the past year

Citigroup forecasts 'less hard' landing for world economy this year

Citigroup economists on Wednesday raised their global growth forecast slightly and see a "less hard" landing but still expect the world's economy to grow at the slowest pace in 40 yearsq

Rupee expected to depreciate on worries over US Federal Reserve rate hikes

Indian rupee is expected to decline versus the dollar at open following an overnight jump in U.S. yields on bets of more rate hikes from the U.S. Federal Reserve

Sticky inflation to nudge RBI to hike interest rates once more: Poll

The survey also showed inflation was likely to remain sticky at 6.00% this quarter, higher than the RBI's forecast of 5.70%

Bangladesh pvt power producers seek $1bn foreign currency to import fuel

Analysts expect power cuts in Bangladesh to worsen this year, as a rapid decline in the value of its currency and foreign exchange reserves have limited its ability to import power generation fuels

Adani Transmission to announce debt refinancing plans in few weeks: Report

The company has no plans to raise additional debt for capital expenditure, which it plans to cover with operating cash inflows, the executives said, according to the source

Adani Transmission to announce debt refinancing plans in a few weeks

Adani Transmission will announce debt refinancing plans in a few weeks, executives said on Tuesday in an investor call, according to a source with direct knowledge of the matter

Indian jeweller Joyalukkas drops public listing plan, withdraws $278 mn IPO

Joyalukkas, which focuses mainly on Southern India, is the latest to delay or pull its IPO plans amid market volatility and stubbornly high inflation

Oil prices falls more than 1% as growth fears offset China demand hopes

The cut, announced this month, will apply only to March output for now, Deputy Prime Minister Alexander Novak said on Tuesday

European shares struggle, bond yields jump after bright economic data

Euro zone business activity gathered steam, expanding much faster than thought, according to a survey, buoyed by a growth in services even as the manufacturing sector shrank

India's HPCL to start Barmer oil refinery and petchem complex in January

The Barmer refinery and petrochemical project will produce gasoline and gasoil for retail sales and will use naphtha, liquefied petroleum gas and kerosene as feedstock to make petrochemicals

India's HPCL faces challenges paying for Russian oil as banks baulk: Source

India's state-run Hindustan Petroleum Corp is facing difficulties in paying for Russian oil imports following a Dec. 5 price cap imposed by Western nations as banks shy away from processing payments

Brent oil falls on fears of global economic slowdown, rate hike fears

Oil on Monday rose by more than 1% on optimism over Chinese demand, which analysts expect to rebound this year after COVID-19 curbs that had limited use were scrapped

Adani Ports to prepay Rs 1,000 cr in commercial papers maturing in March

Aditya Birla Sun Life Mutual Fund has also received the payment, A. Balasubramanian, managing director and chief executive, confirmed in an emailed response

Rupee's expected volatility against dollar hits 7-month low, at 4.50/4.80%

Indian rupee's expected volatility against the dollar over the next one month hit its lowest level in almost seven months on Tuesday