Page 749 - Reuters%20/t%20_blank%20

Duty-free sunflower oil imports from Black Sea set to drop this year

India, the world's biggest vegetable oil importer, buys sunflower oil from the Black Sea region, which accounts for 60% of the world's sunflower oil output and 76% of exports

Centre bats for sovereign rating upgrade in meet with global agencies

S&P and Fitch rate India 'BBB-' and Moody's 'Baa3', all indicative of lowest-possible investment grade, but with stable outlook. These ratings are used to judge country's creditworthiness

Offbeat multiverse movie 'Everything Everywhere' dominates the Oscars

The movie claimed seven awards overall, including three of the four acting Oscars for stars Michelle Yeoh, Ke Huy Quan and Jamie Lee Curtis

Centre likely to discourage foreign trade settlement in Chinese yuan

India has asked banks and traders to avoid using Chinese yuan to pay for Russian imports, three govt officials involved in policy making and two banking sources said, because of political differences

Trading in First Republic, Signature Bank halted after SVB collapse

Wall Street mixed as investors weigh possible rate hike pause, bank contagion risks

Safe-haven gold accelerates to $1,900 level as traders assess SVB fallout

Gold raced towards the key $1,900 level on Monday as investors sought cover from the uncertainty triggered by the collapse of Silicon Valley Bank

Shriram Finance aims to raise $2.44 bn in FY24 to fund growth: Official

The retail non-banking finance company (NBFC) aims to grow its assets under management (AUM) by 15% in fiscal 2024 to around 1.9 trillion rupees to 2 trillion rupees

No risk of UK contagion from SVB collapse: UK Prime Minister Rishi Sunak

Asked if the Treasury will come up with a solution by the time the London markets open on Monday morning, Sunak replied: "The Treasury is working at pace."

Tech execs race to save startups from 'extinction' after SVB collapse

Altman, who runs one of Silicon Valley's hottest companies, bailed out some entrepreneurs from his own pocket, according to a Twitter message by his brother and one beneficiary

MSCI ESG Research flags governance risks at Adani Group, changes assessment

"On March 3, we downgraded our assessment of the Hindenburg-related controversy cases to 'moderate' from 'minor' following new developments in the relevant cases

What could go wrong? Oscars team prepares for anything after Smith slap

For the first time, the Academy of Motion Picture Arts and Sciences has created a crisis team to respond to any mishaps

SVB Financial Group in talks for sale; crisis triggers global banking rout

The brutal rout in the lender's stock, which began on Thursday, spilled over into other US and European banks, with the episode spreading concern about hidden risks in the sector

US job growth beats expectations in February; wages rise moderately

Economists polled by Reuters had forecast job growth of 205,000

With third presidential term, Xi Jinping seals political supremacy

Xi has taken China on a more authoritarian path since assuming control a decade ago, and he extends his tenure for another five-year term amid increasingly adversarial relations with the US

Adani group seeks to sell stake in Ambuja Cements for $450 million

Adani on Thursday made a formal request to international lenders to sell 4 per cent to 5 per cent in Ambuja Cements, his cement business, the report said

Moderna to hire around 2,000 employees amid mRNA development push

The firm had about 3,900 full-time employees as of Dec. 31, according to a regulatory filing

SVB Financial Group tells employees to work from home until further notice

Essential and branch employees are excluded from the request to work from home

Centre concerned about rising T-bill yields, may take remedial measures

The Indian government is concerned about rising yields on Treasury-bills and will take appropriate remedial measures

Dollar steady as volatile markets brace for payroll data, Swiss franc jumps

Futures pricing now implies a roughly 52% chance that the Fed will raise rates by 50 basis points this month, compared with 70% before the data release, according to CME's Fedwatch tool

India's forex reserves increase, snapping four-week losing streak

The reserves stood at $560.94 billion in the week to Feb 24