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India's green energy firms join hands to develop carbon-credit market

India's green energy companies, such as Adani Greens, and carbon offsetters like EKI Energy Services, have come together to develop a carbon credit market to help achieve energy transition goals

Indian craft beer maker Bira 91 to buy Beer Cafe in all-stock deal

Started in 2015, Bira is one of India's most popular craft beer makers and is backed by Japan's Kirin Holdings and Belgium's Sofina

Dollar at 24-year top on yen after US yields jump; sterling choppy

The dollar scaled new 24-year heights on the yen on Wednesday, breaching levels that prompted intervention by Japanese officials last month, while investors in sterling were scratching their heads

RBI rate hikes to have limited impact on Indian banks' profits: Moody's

The Reserve Bank of India's slew of rate hikes this year to combat surging inflation will help lift banks' net interest margins, but the increase will be limited, Moody's Investors Service said

Not 'lying flat': China to persist with tough Covid policies amid new surge

China has been grappling with a COVID resurgence after the National Day "Golden Week" holiday this month and the emergence of new Omicron subvariants

Twitter Inc reviewing policies around permanent user bans: Report

Twitter has been exploring if there are other content moderation tools that could replace a ban, its harshest penalty for violating rules

Gold prices inch lower as Fed Reserve minutes, US inflation data loom

Gold prices inched lower as traders looked forward to US Federal Reserve minutes and key inflation data for clues on the pace of future interest rate hikes.

Oil prices decline as dollar gains, US inflation data in spotlight

Oil prices slipped for a third straight session on Wednesday as the dollar gained steam and investors braced for U.S. inflation data

Asian stocks wallow at two-year lows; dollar wallops pound and yen

Asian stocks wallowed at two-year lows, after a strengthening dollar, instability in the UK bond market, and upcoming US inflation data spelled a wild session on Wall Street

SpaceX to seek permit from DoT for Starlink services in India: Report

Earlier this year, the Indian government asked Starlink to refund all its pre-orders until it received licences to operate in the country

Gambia police link child deaths to cough syrup imported by US firm

The deaths of 69 children from acute kidney injury in Gambia is linked to four cough syrups made in India and imported into the West African country via a US-based pharma firm, the Gambian police said

Energy rate, availability among short-term challenges for India: Sitharaman

Energy prices and availability are among the biggest problems facing the Indian economy in the near future, Finance Minister Nirmala Sitharaman said

Russia's financial monitoring agency adds Meta to 'extremists' list

Rosfinmonitoring has added the US tech giant to its list of 'terrorists and extremists', the Interfax news agency reported

Uber, Lyft slump as US proposal on workers a potential blow to gig economy

The US Labor Department's proposal will require workers to be considered a company's employees when they are 'economically dependent' on the company

IMF cuts Asia's economic growth forecasts, warns of strong dollar strains

The IMF now expects emerging Asian economies to grow 4.4% this year and 4.9% in 2023, down 0.2 percent point and 0.1 point, respectively, from its projections in July, after a 7.2% expansion in 2021

Gold prices on back foot as US dollar, yields firm on rate-hike bets

Spot gold eased 0.2% to $1,664.13 per ounce, as of 0927 GMT, after earlier touching its lowest since Oct. 3

Oil prices fall more than 2% on account of recession and China Covid fears

Oil has dropped sharply on economic fears after surging earlier in 2022, when Brent came close to its record high of $147 as Russia's invasion of Ukraine added to supply concerns

India to press Apple, Samsung for faster 5G software upgrades in phones

Apple's iPhone models, including the latest iPhone 14, and many of Samsung's premier phones do not have software compatible for supporting 5G in India, according to three industry sources

Fire-fighting Bank of England forced to buy inflation-linked bonds

Bank of England says will buy index-linked gilts, a move that represents new headache for UK PM Truss; bank warns of "material risk" to financial stability

Flight bookings to Qatar boom for FIFA World Cup, especially from Dubai

The strong demand comes despite the requirement to present a negative COVID-19 test to enter Qatar