Page 848 - Reuters%20/t%20_blank%20

India's power demand growth rate seen nearly doubling in next 5 years

CEA, an advisory body to the power ministry, said in a draft plan India's power demand would reach 1,874 bn units during the year ending March 2027, compared with over 1,320 bn units in 2021/22

Family rush to be with Queen Elizabeth as doctors voice concern

Doctors say queen, 96, under medical supervision; heir to the throne Prince Charles is with queen

Gold price dips as US dollar, yields rise after Powell's comments

Fed fund futures are now pricing in a 85% chance of a 75-basis-point rate hike by the Fed at its Sept. 20-21 policy meeting

Apple lovers in some Asian countries to pay more for iPhone 14

Buyers of the basic iPhone 14 in Japan - where the yen has slumped 24% since September - will pay 20% more than they did for the iPhone 13 when it was launched a year ago at 99,800 yen ($692.81)

CreditSights finds calculation errors in debt report on Adani Group firms

CreditSights said it had discovered calculation errors in its recent debt report on two power and transmission companies controlled by Gautam Adani, following a conversation with the management

India's August fuel demand rises 16.3% y-o-y to 17.81 million tonnes

Sales of gasoline, or petrol, were 11.6% higher from a year earlier at 3 million tonnes

Israel: Adani-led group gets extension to complete Haifa Port purchase

Israel announced in July it would sell Haifa port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports and local chemicals and logistics group Gadot for $1.2 bn

Indian exporters should not rush to hedge non-dollar exposure: Analysts

Biswas pointed to next week's U.S. consumer inflation and the Sept. 20-21 Fed meeting as events that could trigger a pullback on the dollar index

Oil prices fall further as China extends Covid curbs to stop transmission

China's Chengdu extended a lockdown for a majority of its more than 21 mn residents to prevent further transmission of Covid while millions more in other parts the country were told to shun travel

BPCL plans to load 700k barrels of Russia's Sokol cargo in Sept: Report

The Sokol cargo had been one of two sold by ONGC Videsh, the overseas investment arm of Oil and Natural Gas Corp to refiners Hindustan Petroleum Corp and BPCL in March

Gold struggles for direction as investors focus on ECB, Powell's comment

Investors are expecting the ECB to go for a hefty rate hike to combat soaring inflation. The policy decision is due at 1215 GMT

Europe waits on potentially record ECB rate hike to fight inflation

The euro slipped 0.19% to $0.99885, after hitting a 20-year low of $0.9864 earlier in the week

Road safety scrutiny: Amazon takes down seatbelt alarm blockers in India

Gadkari had said he was concerned as people were buying clips from Amazon to evade wearing seatbelts

Japan's JFE to decide on joint venture with JSW in India by 2022-end

Japan's second-biggest steelmaker, which is under JFE Holdings, aims to tap growth in the Indian market by offering advanced steel products to boost efficiency in power generation

Importing Russian oil part of India's inflation management: FM Sitharaman

Nirmala Sitharaman made the statement at an event in New Delhi

Resilient US dollar soars to 24-year high vs yen, 37-year peak vs sterling

A Northern California sheriff's deputy has turned himself in to law enforcement after he was accused in the fatal slaying of a husband and wife in their home early on Wednesday, authorities said.

Apple releases adventure watch, satellite SOS iPhone at steady prices

Apple Inc on Wednesday avoided price hikes of its best-selling iPhones during its biggest product launch of the year, focusing on safety upgrades

Amazon told to remove seatbelt alarm blockers in road safety push: Gadkari

Though the sale of the metal clips is not illegal, such devices and broader road safety issues have come under closer scrutiny after Cyrus Mistry recently died in a car crash

Apple unveils new iPhone 14 series, Ultra Watch for adventure sports

The iPhone 14 models will test Apple's ability to wring dollars from its relatively affluent customer base, which has kept spending in the face of rising inflation

Wall Street rebounds as yields slip, focus on Fed path; Nasdaq up 1%

Data signaling strength in the US economy has prompted traders to bet on a 75-basis-point interest rate hike by the Fed later this month