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Air India nears historic order for up to 500 jets from Airbus and Boeing

The orders include as many as 400 narrow-body jets and 100 or more wide-bodies, including dozens of Airbus A350s and Boeing 787s and 777s, industry sources say.

Beijing's Covid gloom deepens as China relaxes curbs after protests

Anecdotal evidence suggests that many businesses have been forced to close as infected workers quarantine at home while many other people are deciding not to go out

India Nov thermal coal imports at 9-month low as local output soars

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Air India close to signing deal for 150 Boeing 737 Max jets: Report

Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices

Fifa WC: France wary of England's pace, set-piece threat in quarter-final

The teams have not met at a major tournament since they drew in the group stage of Euro 2012 but the focus has very much been on the game between two countries that share a sporting rivalry

Fuel demand in India hits eight-month peak in November amid festivals

Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data

India's forex reserves rise for fourth week, hit over 3-month high

The RBI in the past has said changes in its reserves is a function of revaluation gains or losses, as well as market interventions

China economy hopes give world stocks a boost but US Fed meeting weighs

China's Premier Li Keqiang, in comments carried by state media, said the country's shift in Covid-19 policy would allow the economy to pick up pace

Firms' fundraising via pvt placement of bonds more than doubles in Nov

Indian companies' fundraising through private placement of bonds more than doubled on-month in November, data from the country's capital markets regulator showed

India's Nov thermal coal imports at 10 month-low as local output soars

Imports fell mainly due to higher production by state-run Coal India, which accounts for 80% of India's coal output

Oil bounces on pipeline shutdown but heads for weekly loss on demand woes

Brent crude futures were at $76.73 a barrel, up 58 cents, or 0.76%, at 0716 GMT, after dropping 1.3% on Thursday

HCL Tech's shares drop most since mid-Jan on downbeat revenue outlook

Shares of HCL Technologies Ltd fell nearly 7% on Friday, in their sharpest intraday drop since mid-January, after the IT services firm warned furloughs and spending cuts

India inflation likely softened to nine-month low in November, shows poll

Inflation has stayed above the upper end of the Reserve Bank of India's 2%-6% tolerance band all year and this has triggered 225 basis points of interest rate rises to the repo rate so far

India's public spending could crowd out private spending, says CEA

India's chief economic adviser said on Friday that the current pace of public spending in the country could crowd out private spending

Snapdeal to shelve its $152 million IPO amid tech stock market retreat

Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups

Poor countries need nearly $500 bn in external financing through 2026: IMF

The IMF said the fiscal position of low-income countries "is increasingly under stress"

Russia attacks in east Ukraine as President Vladimir Putin celebrates

Fighting was underway along the entire line of demarcation in the Donetsk region on Thursday, with the frontline town of Avdiivka shelled by Russian tanks on Thursday morning

Meta battles US antitrust agency over the future of virtual reality

The trial will serve as a test of the FTC's bid to head off what it sees as a repeat of the company buying its way to dominance, this time in the nascent virtual and augmented reality markets

SoftBank's Masayoshi Son raises stake, can now block special resolutions

Son's stake has grown in percentage terms as a result of a recent series of massive share buybacks, a SoftBank spokesperson said

IMF says low income nations need $500 bn in external financing through 2026

Low-income nations will need nearly $500 bn in external financing during 2022-26 period, IMF said, a rise of about $57 bn from a year-ago estimate due largely to spillovers from Russia-Ukraine war