Page 373 - Reuters%20/t%20_blank

Funding into AI-focused startups more than doubles to $24 bn in Q2

Overall startup funding grew 16% sequentially to touch $79 bn in last quarter, primarily driven by investments in AI, which became largest sector for first time, followed by healthcare and biotech

More good data will strengthen case for interest rate cut: Fed's Powell

A jobs report on Friday showed a still-solid 206,000 jobs added in June, but with a slowing monthly trend and a rising unemployment rate now at 4.1%

Crisis-hit Paytm gets govt panel's nod to invest in payments arm: Report

The approval, which still has to be vetted by the finance ministry, will remove the main stumbling block to the unit, Paytm Payment Services, resuming normal business operations

Inflation edges higher in June due to soaring vegetable prices: Survey

The July 5-9 Reuters poll of 54 economists forecast consumer price inflation rose to 4.80% last month on a year earlier, up from 4.75% in May. Food accounts for around half the overall CPI basket

Expert panel suggests exchanges reduce options contract expiries: Report

The recommendations will be taken up for consideration next week, the sources added, declining to be named as they are not authorised to speak to the media

EU warns of data 'black holes' amid efforts to uncover shadow bank risk

Private credit lenders are increasingly the go-to financiers of companies that struggle to raise money from mainstream banks

India races to build hydropower plants in region claimed by China: Report

Under the scheme, about Rs 9,000 core will likely be allotted for the 12 hydropower projects in Arunachal Pradesh, said the sources, who have direct knowledge of the matter

Investors shift to Singapore Exchange after RBI's curbs on rupee futures

The Reserve Bank of India has been seeking to increase the volume of rupee derivatives traded in the local market relative to offshore, which helps them have more control over the currency

Fed mulls rule change that could save biggest US banks billions in capital

Updating those inputs or "coefficients" would reduce the banks' systemic scores and resulting capital surcharge, said the people who declined to be identified discussing private regulatory issues

Equity MF inflows up 17% at record high of Rs 40,608 cr in June: Amfi

The benchmark NSE Nifty 50 has risen about 65% over these last 40 months, helped by sustained mutual fund inflows, steady earnings and the fastest macroeconomic growth among large economies

Hathras: Six police, govt officials suspended for stampede that killed 121

Police have arrested nine people involved in organising the event

Govt bond yields marginally lower; US Fed chief Powell's speech eyed

Powell's testimony before the Senate on Tuesday and the House on Wednesday could give investors more clues on the likely direction of rates

Microsoft intends to offer Apple devices to employees in China: Report

Microsoft's move to switch to iOS-devices stems from the lack of availability of Google Play Store in China that limits its employees' access to security apps such as Microsoft Authenticator

Asian shares edge higher, markets hope for dovish stance from Powell

Chinese blue chips edged up 0.1%, while Hong Kong's Hang Seng index was flat

Biden not being treated for Parkinson's, says White House after NYT report

Dr. Kevin O'Connor, the White House doctor, issued a letter on Monday night that said Biden has not seen a neurologist outside of his normal annual physical

FAA orders inspection of 2,600 Boeing 737s over oxygen mask issue

The FAA said it was requiring the inspections of 737 MAX and NG airplanes after multiple reports of passenger service unit oxygen generators shifting out of position

Paramount Global, Skydance Media merger agreement ends Redstone era

Skydance will subsequently merge with Paramount, offering $4.5 billion in cash or stock to shareholders and providing an additional $1.5 billion for Paramount's balance sheet

Gold prices take a breather after sharp rally fuelled by US jobs data

Spot gold fell 0.6% to $2,377.38 per ounce as of 10:34 a.m. ET (1434 GMT), after rising to its highest level since May 22 on Friday. U.S. gold futures slipped 0.5% to $2,385.20

Bharat Petroleum, Vitol Asia among eight bidders for Sri Lanka LPG terminal

Litro holds the largest market share in Sri Lanka's duopoly LPG market that is mostly focused on domestic gas supplies

Fuel consumption up by 2.6% to 19.99 mn metric tonnes in June: Oil ministry

India is the world's third-biggest oil importer and consumer. The data is a proxy for the country's oil demand