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RBI set to raise rates today; outlook on growth, inflation in focus

The RBI's outlook, which will accompany the rates decision, will be an important pointer to future policy moves, said economists

Russian oil price cap evolves from revenue squeeze to market anchor: Report

Russia said the cap would not hurt the financing of its "special military operation" in Ukraine

EasyJet averts cabin crew strike in France as it clinches deal with unions

Concession highlights continued pressure on easyJet and airlines to agree better terms and wages to retain staff and avert more labour strife after months of disruption since the end of Covid lockdown

Trade restrictions are increasing, especially on food, says WTO

The World Trade Organization said in a report on Tuesday that countries were introducing trade restrictions at an increased pace, particularly on food, feed and fertilisers

Elon Musk's brain-implant firm under probe after 1,500 animal deaths

Neuralink is developing a brain implant it hopes will help paralyzed people walk again and cure other neurological ailments

Google subsidiary launches new anti-misinformation campaign in India

Indian government officials have called on tech companies such as Google, Meta, and Twitter to take stronger action against the spread of fake news

India better placed than emerging nations to face headwinds: World Bank

Asia's third-largest economy, which expanded 6.3% in the July-September quarter, is estimated to grow 6.8-7% in the current 2022/23 fiscal year

Govt to allow consortium of foreign funds to own over 51% in IDBI Bank

The Indian government will allow a consortium of foreign funds and investment firms to own more than 51% in IDBI Bank Ltd, according to a government clarification on Tuesday

Dollar holds firm on account of upbeat US data, RBA rate rise lifts Aussie

The U.S. dollar index, which measures the currency against six major peers, was at 105.24, steady after Monday's 0.7% rally, its biggest since Nov. 21

India's palm oil imports jumed 29% to 1.14 million tonnes in Nov: Report

Higher imports by India, the world's biggest palm oil buyer, would help top producer Indonesia cut its inventories and support benchmark Malaysian palm oil prices

Foreign equity funds pile into Indian financials as credit cycle picks up

Indian shares are trading at a record-high valuation premium to their Asian counterparts, BNP Paribas said

Asian equities witness highest monthly foreign inflows in two years

Expectations that China would gradually loosen its zero-Covid policy and open up its economy also lifted sentiment

India's benchmark bond yield seen at 7.5%, rupee at 84 by March: UBS

India's benchmark 10-year bond yields are expected to rise on the back of higher government borrowings, while the rupee could see steep depreciation by end of this financial year

Investors look to emerging markets as US dollar tumbles: Analysis

As the US dollar tumbles from multi-decade highs, some investors are betting emerging market currencies will be big winners from a sustained reversal in the greenback

Global renewables capacity set to double over next five years, says IEA

In an annual report on the outlook for renewables, the IEA said capacity worldwide is expected to grow by 2,400 gigawatts (GW) - equal to the entire power capacity of China today - to 5,640 GW by 2027

Apple explores shifting some iPad production from China to India: Report

India is exploring options to bring some of Apple Inc's iPad production to the country from China, CNBC reported on Monday, citing two sources close to the Indian government

Gold regains some ground as US dollar dips; spot silver climbs 1.2%

Spot gold was up 0.4 per cent at $1,775.69 per ounce

Oil prices rise today after price cap on Russian crude, OPEC+ meeting

Oil prices edged higher after a G7 price cap on Russian seaborne oil came into force on Monday on top of a European Union embargo on imports of Russian crude by sea

India shares a list of products with Moscow for access to Russian market

Moscow had sent India a list of more than 500 products for potential delivery

Sugar output likely to drop 7% amid erratic weather, could crimp exports

Lower sugar exports from India, also the world's second biggest exporter, could lift global prices and allow rivals Brazil and Thailand to increase their shipments