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India's Pine Labs eyes $4-5 bn in monthly payments from new business

India's Pine Labs is targeting $4 billion to $5 billion in monthly transactions within two years for its new online payments business.

Dollar edges higher as investors turn attention to key US jobs data report

The U.S. dollar index, which measures the greenback against a basket of currencies, was up 0.22% to 105.93, after sliding 0.68% on Thursday, the largest fall since July 19.

Oil prices set to end week at multi-month lows on recession fears

By Noah Browning

Oil prices rise from multi-month lows on supply shortage concerns

Brent crude rose 39 cents, or 0.4%, to $94.51 a barrel by 0900 GMT. U.S. West Texas Intermediate crude was up 27 cents, or 0.3%, at $88.81.

India OIS rates jump by at least 15 basis points on RBI rate hike

India's overnight indexed swap rates jumped by at least 15 basis points after the country's central bank hiked its key policy repo rate by 50 basis points and highlighted inflation concerns.

Global rice supplies at risk as harsh weather hits top exporters: Analysis

Adverse weather across top rice suppliers in Asia, including the biggest exporter India, is threatening to reduce the output of the world's most important food staple and stoke food inflation.

Bond yields 3-month low ahead of RBI policy decision as oil prices drop

Indian government bond yields dropped on Friday, with the 10-year yield trading at a three-month low, after global oil prices fell overnight, while market participants awaited a Reserve Bank of India

Gold at 1-mth peak as Treasury yields fall; focus on U.S. jobs report

Gold prices steadied at a one-month high on Friday, ahead of a much awaited US jobs data, as a retreat in Treasury yields and growing recession fears boosted safe-haven demand kept bullion on track.

Oil prices extend losses on inflation, demand worries; hits 5-month low

Oil prices extended losses, after hitting their lowest since before Russia's February invasion of Ukraine in the previous session, as the market fretted over the impact of inflation

Rupee tipped to open higher as oil slips to 5-month low; RBI policy eyed

The Indian rupee is expected to strengthen against the U.S. dollar at open on Friday as oil prices extended their recent slide to slip to their lowest since February

Russia becomes India's third-largest coal supplier in July, shows data

India's imports from Russia have jumped nearly five times to over $15 billion ever since Russia invaded Ukraine

SpiceJet flights to be reinstated gradually if...: DGCA chief explains how

Arun Kumar said SpiceJet will be permitted to reinstate its capacity but in a gradual manner and once it demonstrates it has fixed the manpower and spare part shortages

US expectations 'in check' as N-talks to resume with Iran in Vienna

The ball is in Washington's court to save the pact, Iran's chief negotiator Ali Bagheri Kani tweeted

Brent crude hits pre-Ukraine invasion lows on account of recession fears

Brent hit a low of $93.50, the lowest since Feb. 21 while US crude touched its lowest since Feb. 3 at $87.97

DLF mulls auction bid for New Delhi mall with base price of $366 mn: Report

DLF will review data related to the mall's occupancy status and contractual obligations and then consider whether to bid for it or not, one of the sources with direct knowledge said on Thursday

Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data

The currency in circulation had jumped by over Rs 4 trillion in 2020-21, while the increase tapered to Rs 2.80 trillion in the last financial year

Axis Bank to wind up UK subsidiary after deal with OpenPayd fails

At the end of June, the bank had an overseas loan book of Rs 38,928 cr, a contraction from Rs 45,750 cr in March quarter

Taiwan says 22 Chinese fighter jets cross median line after Pelosi visit

Furious China fires missiles near Taiwan in drills after Pelosi visit; Japan says five missiles land in its economic zone; exercises around Taiwan scheduled to run through Sunday

Oil prices stabilise after drop to near 6-month low based on supply fears

By Rowena Edwards

Gold gains more than 1% as US dollar, yields pull back; palladium gains 3%

By Arundhati Sarkar