Page 821 - Reuters%20/t%20_blank%20

Adani says regulatory curbs do not restrict bid to take over NDTV

NDTV sought to block tycoon Gautam Adani's move, saying its founders Prannoy and Radhika Roy have since 2020 been barred by the SEBI from buying or selling shares in India's securities market

Dollar holds firm against euro, sterling as Jerome Powell speech day dawns

The dollar held onto recent gains against the euro and sterling on Friday ahead of Federal Reserve Chair Jerome Powell's widely-anticipated speech, which traders hope will offer clues on the U.S. cent

Centre restricts wheat flour exports to stabilise soaring local prices

India's cabinet approved a policy to restrict wheat flour exports to calm prices in the local market, the government said in a statement

Oil prices edge up on signs of improving demand, market awaits Fed's clue

"Nevertheless, signs of strong demand are emerging," ANZ Research analysts said

IT firms cut staff bonuses as US, European clients tighten budgets

IT services firms are freezing or cutting staff bonuses, worried that tightening budgets at U.S. and European clients who are bracing for a recession will sharply hit their own profits

Russia missile hit killed 22 civilians on Independence Day: Ukraine

President Volodymyr Zelenskiy had warned of the risk of "repugnant Russian provocations" ahead of the 31st anniversary on Wednesday of Ukraine's independence

Oil prices ease on possible Iran oil exports, rising interest rates

The prospect that the OPEC+ producer group could curb oil supplies limited the decline in oil prices

Zaporizhzhia N-plant cut off from electrical grid for 1st time: Ukraine

Fires broke out in the ash pits of a coal plant located near the Zaporizhzhia plant - Europe's largest nuclear facility - and damaged the power lines connecting it to the grid

Wall Street rises as investors await Fed's signals from Jackson Hole

Data shows mild US economic contraction in Q2; Salesforce falls after slashing outlook, citing macro concerns; Nvidia forecasts sharp drop in Q3 sales; Tesla slips as 3-for-1 stock split kicks in

Indian IT firms cut staff bonuses as US, European clients tighten budgets

Infosys Ltd, India's second-biggest IT company, and smaller rival Wipro recently told their employees they had reduced the variable pay portion of employee compensations

Euro bounces back to parity with the dollar as investor sentiment improves

The euro briefly rebounded back above parity with the dollar on Thursday as the US currency's recent rally ran out of steam

US economy contracts in second quarter; underlying data show no recession

Second-quarter GDP contraction revised to 0.6% from 0.9%; gross domestic income rises at 1.4% rate in Q2; average of GDP and GDI climbs at 0.4% pace; weekly jobless claims drop 2,000 to 243,000

From NTPC to banks, India Inc make a dash for debt as yields plateau

Large state-run companies such as Power Finance Corp and NTPC raised funds recently, while REC and Indian Oil Corp are expected to tap the market by next week

Tesla shares in the limelight as 3-1 stock split kicks in

Tesla's shares have fallen about 11% since the company announced in March plans to increase its number of shares and are trading nearly flat so far this month

Gold inches higher as dollar softens ahead of Jerome Powell's speech

Gold prices edged higher as the dollar slipped, while investors looked forward to a speech by U.S. Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for clues on interest rate hikes

Gold hits one-week high as dollar dips; Jackson Hole symposium in focus

Rate hikes increase the opportunity cost of holding bullion, which pays no interest, while boosting the greenback

India's robust growth gives RBI room for more rate hikes, says DBS Group

India's strong growth offers room for the Reserve Bank of India to raise rates by another 60 basis points as the central bank seeks to stamp out high inflation, said DBS Group Research

Top refiner Indian Oil Corp to spend $25 bn for 2046 net-zero goal

The company plans to invest more than $25 billion to achieve net-zero emissions from its operations by 2046, its chairman SM Vaidya said at an annual shareholders meeting

Twitter staff exodus accelerates amid Musk battle, attrition hits 18.3%

Twitter Chief Executive Parag Agrawal moved to reassure employees on Wednesday that Zatko's accusations were foundationally, technically and historically inaccurate

Joe Biden marks Ukraine Independence Day with $3-bn military package

The Pentagon said the new package would include 6 additional surface-to-air missile systems known as NASAMS, 24 counter-artillery radars, Puma drones, along with counter-drone systems known as VAMPIRE