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Rupee at fair value despite balance of payment problems: JPMorgan analyst

Rupee's fair value is around 80 against the U.S. dollar, given the country's balance of payment challenges and the Reserve Bank of India's interventions: JPMorgan

Retail inflation likely to ease below 6% by March quarter, say analysts

Despite signs of inflation having peaked in India, the outlook remains highly uncertain, members of the central bank's monetary policy committee said in their report

Dollar hits 5-week high on hawkish Fed before Jackson Hole' symposium

Economists in a Reuters poll lean toward a 50 basis-point increase with recession risks on the rise

Toyota doubles down on hybrid bet in India, low-cost models to surface soon

Toyota plans to reboot its strategy for India, doubling down on a bet that emerging markets will welcome its hybrids, as long as the price is right

Gold hits over 3-week low on strong dollar, Fed rate-hike worries

Gold is highly sensitive to rising U.S. interest rates, as these increase the opportunity cost of holding non-yielding bullion

RBI likely to set 7.23% cutoff yield on new 10-year bond: Reuters poll

RBI will likely set a cutoff yield of 7.23% on 130 billion rupees ($1.63 billion) of the new 10-year bond being auctioned on Friday, according to the median estimates in a Reuters poll

Asia shares slip anew amid strong US dollar demand, rising interest rates

Asian shares got off to a rocky start on Monday while the dollar remained in demand amid concerns that most major central banks are committed to raising interest rates no matter the risks to growth

Israeli spyware company NSO Group CEO Shalev Hulio steps down

Chief Operating Officer Yaron Shohat has been appointed to oversee a reorganisation of the company before a successor is named

Dollar strength sets gold on its longest losing streak since November

Spot gold dropped 0.6% to $1,748.58 per ounce by 1:47 p.m. ET (1747 GMT), having hit its lowest since July 28 earlier in the session. U.S. gold futures settled down 0.5% at $1,762.9.

Wall Street pushes stocks down, dollar up on Fed hike fears; yields rise

The Dow Jones Industrial Average fell 0.86%, to 33,706.15, the S&P 500 lost 1.29%, to 4,228.37, and the Nasdaq Composite dropped about 2%, to 12,705.22

China's July Russian coal imports hit five-year high as West shuns Moscow

China's coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal

Oil prices down 1.5% for the week on recession jitters, strong US dollar

Brent crude futures settled at $96.72 a barrel, gaining 13 cents. U.S. West Texas Intermediate crude ended 27 cents higher at $90.77. Both benchmarks fell about 1.5% on the week

China sentences tycoon to 13 years, fines firm $8.1 billion: Report

Xiao and Tomorrow Holdings were charged with illegally siphoning away public deposits, betraying the use of entrusted property, and the illegal use of funds and bribery

China issues first drought alert, battles to save crops in extreme heatwave

But heavy rainfall in Liaoning province has damaged crop output

Wall Street reminded of risks as Fed mulls intervention; oil prices fall

The Dow Jones Industrial Average fell 0.54% to 33,813.96, the S&P 500 lost 0.67% to 4,254.83 and the Nasdaq Composite declined about 1% to 12,837.36

Nasdaq leads Wall Street lower as rate hike worries spark tech rout

Dow Jones Industrial Average was down 192.74 points, or 0.57%, at 33,806.30, the S&P 500 was down 38.75 points, or 0.90%, at 4,244.99

Wall Street set for losses as major global economies are sputtering

Wall Street was set to open lower, with S&P 500 futures down 1% and Nasdaq futures down 1.2%

Gold witnesses first weekly decline in a month as dollar, US bond rises

Spot gold fell for a fifth straight session, down 0.3% at $1,753.84 per ounce, which could be its longest losing streak since November 2021

Oil higher on optimism for firmer crude demand post US stockpile drawdown

Oil prices edged higher in early trade on Friday, extending a rally into a third day, as investors weighed hopes for strong fuel demand after a larger-than-expected drawdown in US crude stocks.

Gold falls to 3-week low as robust dollar, Fed rate-hike fears rise

Interest rates to go further up; strong dollar is likely to continue weighing on gold prices