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CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

Airbus details output plans as first quarter deliveries climb 13%

Airbus is in the midst of planned production increases of single-aisle jets, but faces growing concern over manufacturing supply chains

Pakistan court to hear PM Imran Khan's defence of blocking ouster

Khan, a former cricket star, lost his parliamentary majority last week and had been facing a no-confidence vote tabled by the opposition that he was expected to lose on Sunday

Russian forces pound Ukraine cities as US announces tougher sanctions

Zelensky says rhetoric on sanctions not enough; US, EU set to ban new investment in Russia

Some Indian refiners set to cut May Saudi oil, snap up Russian barrels

State oil producer Saudi Aramco, the world's top oil exporter, has raised crude prices for all regions, with those to Asia hitting all-time highs

Nasdaq slides 2% as tech rout deepens ahead of Fed minutes

High-growth stocks, whose valuations stand to be pressured by higher bond yields, bore the brunt as the benchmark 10-year yield hit a three-year high

Gold subdued as robust dollar dims appeal; focus on Fed minutes

Gold prices were subdued on Wednesday in choppy trade as a robust dollar and the prospect the Federal Reserve could raise interest rates aggressively kept non-yielding bullion near a one-week low

Binance among investors to bail out victims of $615-mn heist

The Vietnam-based company Sky Mavis, which runs the game Axie Infinity, said last week it had been hit by one of the largest crypto heists on record

BPCL buys 2 million barrels of Russian Urals for May loading: Report

The state-run refiner regularly buys Russian Urals for its 310,000 barrels per day (bpd) Kochi refinery in southern India

World stocks slip, bonds hit multi-year highs as bets on US Fed action rise

Global share prices eased and US Treasury yields hit multi-year highs on Wednesday as investors bet that US Fed will couple shrinking of its balance sheet next month with a big interest hike

Elon Musk's Twitter bet gins up meme stock hype: An analysis

Musk's popularity with retail investors was one of the reasons why Twitter agreed this week to offer him a seat on its board of directors, people familiar with the matter said

Gold rebounds from one-week low over Russia sanction fears

Rising U.S. interest rates and higher yields increase the opportunity cost of holding non-yielding bullion, which is also used as a hedge against rising inflation

Toshiba investor 3D urges board to take three critical actions

3D's separate call for a private-equity buyout was rejected last month by just short of 55% of shareholders who voted

Average power price on Indian Energy Exchange hits 13-year high in March

Power demand during March rose at the fastest pace in three months, with electricity shortages the worst since October due to soaring temperatures and a sharp uptick in economic activity

Euro slips to month-low as West prepares new Russia sanctions

The dollar index, which measures the greenback against six peers, rose 0.12% to 99.600, after touching its highest since May 2020 of 99.759

Oil futures rise as new Russia sanctions outweigh demand worries

Proposed EU sanctions, which the bloc's 27 member states must approve, would ban buying Russian coal and prevent Russian ships from entering EU ports

Google-backed VerSe valued at $5 billion in latest funding round

VerSe Innovation has raised $805 mn in a funding round led by Canada's top pension fund, putting a $5 billion valuation on the Google-backed parent of video app Josh and news aggregator Dailyhunt.

US, allies prepare new sanctions against Russia after Bucha killings

"The humanitarian situation in the city is worsening," British military intelligence said on Wednesday.

Sri Lankan doctors to stage protests after hospitals run out of drugs

People have been suffering from shortages of fuel, power, food and other items for weeks, and doctors say the entire health system could now collapse

World must act to stop 'mass murder' in Ukraine says UK health minister

"I don't want to be commemorating another genocide in Europe years from now. We have the power, the world has the power to stop this, and it must act," Javid said.