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World Economic Forum: India, UAE discusses non-oil trade in rupees

The UAE's trade deal with India aims to increase bilateral non-oil trade to $100 billion in the next five years

Oil prices climb on hopes for Federal Reserve slowing interest rate hikes

Oil prices rose on Friday on optimism that the U.S. Federal Reserve will ends its tightening cycle, buoying the economy and boosting fuel demand

India likely to keep lid on sugar exports as output dips: Reports

India is not looking at allowing more sugar exports, government and industry officials said on Thursday

WeWork to cut 300 jobs globally as inflation weighs on workspace spending

The company said on Thursday it expects to report fourth-quarter revenue and adjusted EBITDA above its earlier expectations

Reversing Covid-era excesses: Big Tech braces for sackings, dismal profits

Large US technology firms expected to announce layoffs, cut costs through the next few months, say experts

No issue with crypto in India if laws are followed: MoS IT Chandrasekhar

RBI Governor Shaktikanta Das also said in February that cryptocurrencies lacked the underlying value of even a tulip

Indian start-ups rejoice as SC upholds Android ruling against Google

The CCI order states Google can't impose such requirements now

EU regulator fines WhatsApp $5.95 million for breach of privacy laws

The DPC, which acts as the EU's lead privacy regulator for Meta, said WhatsApp must reassess how it uses personal data for service improvements

RBI bought net $4.36 billion in spot forex market in November, shows data

The RBI said it purchased $22.28 billion and sold $17.92 billion in the spot market

Davos 2023: UAE in talks with India to trade non-oil commodities in rupees

The minister said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies

India considering measures to cool high wheat prices: Govt official

India has been considering measures to cool domestic wheat prices, which jumped to a record high this week as supplies dwindled, Food Secretary Sanjeev Chopra said on Thursday

PVR swings to Q3 profit of Rs 16.15 cr on strong movie runs, revenue up 53%

The company said it is on track to open a total of 100-110 new screens by the end of this fiscal year

Indian dairy firm Hatsun Agro falls 2.9% in animal feed, milk procurement

India's Hatsun Agro Product Ltd, which sells Arun ice cream and Arokya milk, reported a 2.9% fall in quarterly profit on Thursday, hurt mainly by a surge in prices for animal feed and milk procurement

Adani Group has no plans to enter telecom sector: Chief financial officer

Adani Enterprises' unit Adani Data Networks purchased airwaves worth nearly $27 million in the country's 5G auction last year

Sebi probes investments between Nippon Mutual Fund, YES Bank: Report

As of December 2022, Nippon India was the seventh-largest mutual fund in India with assets under management of 2.9 trillion rupees ($35.46 billion) as well as the biggest foreign-owned mutual fund

HDFC planning to raise funds by issuing commercial papers maturing in 1 mth

India's Housing Development Finance Corp plans to raise funds by issuing commercial papers maturing in one year, three merchant bankers said on Thursday

Crypto collapse brings focus to digital assets' true value: Raghuram Rajan

'The idea that somehow cryptos are going to maintain value, while the fiat currencies collapse. That's nonsense'

Twitter plans further layoffs in product division in coming weeks: Report

Musk had said in November that Twitter was facing "a massive drop in revenue" as advertisers dropped out

Rupee opens at 81.45 per dollar as growth fears hit risk sentiment

The local currency on Tuesday climbed 0.6%, likely helped by dollar debt inflows, according to traders

India govt switches bonds maturing in 2024 with RBI in cash-neutral deal

Indian government bought back bonds maturing in 2024 from the Reserve Bank of India on Tuesday, while also issuing bonds maturing in 2032 worth a similar quantum, the central bank said on Wednesday