Page 2 - Reuters%20/t%20_blank

Top Indian arms makers hold meetings in Russia on potential joint ventures

The meetings took place during the first visit of India's defence business leaders to Russia since Moscow's 2022 invasion of Ukraine

IndusInd Bank chairman to step down in January amid organisational overhaul

The bank reported its largest-ever quarterly loss in the three months ended March 31, following a $230 million hit to its accounts, amid governance and accounting failures

How China Inc is expanding its footprint in Vietnam amid US tariffs

Hanoi's overtures to Beijing may reflect its long-standing policy of balancing foreign ties after pledges made to Washington in trade talks

Asia stocks fall as US Fed meets, yen slides and silver hits record highs

With most assets frozen in the Fed headlights, attention was grabbed by a sudden slide in the Japanese yen and the continued dizzy ascent of silver prices, which both hit record peaks

India's strong growth, tech demand brighten developing Asia prospects: ADB

Growth in 2025 is now projected at 5.1 per cent, up from the 4.8 per cent forecast in September, the ADB said in an update to its Asian Development Outlook

BlackRock fund to invest about $225 million in Aditya Birla Renewables

BlackRock's Global Infrastructure Partners will also have a 'greenshoe option' to invest a further ₹1,000 crore in the Indian company, taking the total investment to ₹3,000 crore

Microsoft to invest over $5.4 bn in Canada to expand AI infrastructure

Microsoft has pledged hefty investments worldwide this year, as the company races to secure more cloud computing capacity to meet the surging demand for AI workloads

Gold edges higher as US Federal Reserve prepares to announce rate cut

Spot gold rose 0.4 per cent to $4,208.39 per ounce by 0920 GMT. US gold futures for February delivery rose 0.48 per cent to $4,237.80 per ounce

India home prices to rise 6%, luxury boom seen fading within 5 years: Poll

India is short of about 10 million affordable homes, a gap that is projected to triple by 2030, according to Knight Frank, a real estate consultancy

Ford to use Renault tech, plants for affordable European EVs to beat China

Given the withdrawal of EV support from US President Donald Trump's administration, the No. 2 US automaker faces the dual expense of investing in combustion-engine models

Japan quake: Tsunami warnings lifted; 30 injured, 90K forced to evacuate

Japanese government was still assessing damages from the tsunami and late-evening quake, which struck at about 11:15 pm in the Pacific Ocean, around 80 kilometers (50 miles) off the coast of Aomori

Asian stocks slip as investors await US rate cut, yen steadies after quake

The RBA, SNB and Bank of Canada are all expected to hold rates steady this week, while the Federal Reserve is widely expected to lower borrowing costs on Wednesday.

Paramount Skydance makes $108 billion hostile bid for Warner Bros

The offer, which is worth $82.7 billion including debt and comes with a $5.8 billion break-up fee from Netflix, is likely to face strong antitrust scrutiny

IBM boosts cloud computing push with nearly $11 billion Confluent deal

Mountain View, California-based Confluent provides technology needed to manage massive, real-time data streams for artificial intelligence models

India's fuel demand hits six-month peak in November, rises 5.5% to 21.27 MT

Sales of gasoline, or petrol, totalled 3.52 million tons, easing 4.1% from October but 2.6% higher than the same month last year

Dr Reddy's signs licensing pact to sell Australian Immutep's cancer drug

Over the last few years, Dr Reddy's has diversified its portfolio beyond generics to include cancer therapies as it battles pricing pressures in North America, its largest market

Japan's JERA inks 10-year LNG export deal with Torrent Power from 2027

Looking ahead, JERA will continue to build a robust LNG portfolio across the Middle East, Asia, and the United States, to develop resilience against market volatility, the company said

Sebi launches return verification agency to curb misselling in investments

Genome Valley-based ATGC Biotech and Israel's Luxembourg Industries have formed Semiophore, a 50:50 JV, to commercialise 18 pheromone and semiochemical crop solutions globally

Asian shares wobble as investors await Fed decision amid policy divide

Markets imply around an 85 per cent chance of a quarter-point reduction in the 3.75 per cent to 4.0 per cent funds rate, so a steady decision would be a seismic shock

Ukraine peace deal near but Russia demands major changes, says US envoy

Zelenskiy said on Saturday that he had had a long and 'substantive' phone call with Witkoff and Kushner. The Kremlin has said it expects Kushner to be doing the main work on drafting a possible deal