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Dubai limits foreign flights until May 31, hitting Indian airlines hardest

The Federation of Indian Airlines (FIA), which represents top ​carriers IndiGo, Air India and SpiceJet, has asked India to push Dubai authorities to lift the curbs

MEA says deeply concerned by reports of civilian casualties in Lebanon

Israel invaded Lebanon last month in pursuit of Hezbollah after the group fired into Israel in support of Iran, as the US-Israel war on Iran raged

RBI to push for reporting of offshore rupee trades despite resistance

The RBI wants lenders to start sharing data on at least 70% of such derivative transactions, starting February 2027

RBI's liquidity withdrawal move pushes up bond yields, swap rates

The Reserve Bank of India on Friday said it will conduct a variable rate reverse repo auction for ₹2 trillion ($21.58 billion), its first such operation in four months

Govt eases conditions for rice exports to some European countries

The requirement of a certificate is limited to EU member states, the ​United Kingdom, Iceland, Liechtenstein, Norway ‌and Switzerland, the ​notification said

Asian stocks rally, set for best week since 2022 ahead of US-Iran talks

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.9 per cent to put it up 7.3 per cent for the week, the most since November 2022

Jio-BP doesn't plan to raise fuel prices as sales of gasoline, oil surge

The company, a joint venture between Reliance Industries and ​BP, has adequate fuel supplies and ‌has not imposed ​any ‌limits on retails sale of ‌gasoline or gasoil

Equity MF inflows jump 56% to 8-month high of ₹40,450 crore in March

Flows into large-cap ‌funds rose 42 per cent month-on-month to ₹2,998 crore while those into mid-caps funds jumped to a record ₹6,064 ​ crore

Gold demand in India picks up ahead of Akshaya Tritiya, China premiums ease

Akshaya Tritiya, the second-biggest gold-buying festival in India after Dhanteras when buying gold ‌is considered auspicious, will be celebrated on April 19

China's factories slip back into inflation on Iran war price shock

An input-cost shock to the world's largest manufacturing base threatens jobs and wages, with around a quarter of firms already operating at a loss after years of overcapacity and price wars

China's independent refiners buy Iran oil at premiums to Brent for 1st time

Iranian oil typically trades at discounts to Brent because of the sanctions and Chinese independent refiners, also known as teapots, are its biggest buyers

Pilots fear retribution over refusing to fly in West Asia: Aviators' group

Pilots from Lebanon to India have voiced 'widespread' concerns they could face sanctions if ​they do not fly in often unpredictable conditions where airspace can close with little notice

Capri Global to raise ₹500 cr via bonds, shift focus to debt markets: MD

The non-banking finance company will issue bonds with maturities of two, three, five and 10 years

Oil prices rise following strikes on Saudi Arabia's energy infrastructure

Brent crude futures gained 83 cents, or 0.87 per cent, ‌to $96.75 a barrel as of 0100 GMT

Banks exit bulk of rupee arbitrage positions ahead of RBI deadline

RBI imposed limits on banks on ‌March 27, directing them to cap their net open positions in the rupee in the onshore market at $100 million, requiring that they comply by April 10

Tesla plans smaller, cheaper EV; global production expansion likely

The conversations involved the manufacturing pro- cess and specifications for various components

Meta unveils Muse Spark, first AI model from superintelligence team

Superintelligence refers to AI machines that could outthink humans. Muse Spark is the first in a new series of models, known internally as Avocado, from that team

US Q4 GDP growth revised down to 0.5% as economy slows more than expected

Last year's shutdown of the government was the key driver of the slowdown from the third quarter's 4.4 per cent growth pace

RBI speeds up cross-border inflows with faster customer credits

Banks need to put in place a straight-through process for crediting the inward payments to individual accounts

US jobless claims rise slightly, labour market remains resilient

The labor market has been stuck in what economists call a "low-hire, low-fire" state which they blamed on uncertainty stemming from Trump's import tariffs and mass deportations