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Govt asks traders to avoid buying new-season wheat to shore up state stocks

India, the world's biggest wheat consumer and grower after China, banned exports in 2022 and is keen to bolster stocks and tame prices that surged after dry weather hurt output in 2022 and 2023

Jobs creation in South Asia lags population growth, says World Bank chief

"If only they can be employed. It's a fantastic opportunity to grow but until recently employment ratios have been falling," says Franziska Ohnsorge

Brent crude price reaches highest level this year on fresh supply threats

Brent futures for June delivery were up $1.15, or 1.3%, at $88.57 a barrel by 13:33 GMT after touching a peak of $89.08

JSW Energy to raise $600 million via share sale to institutional investors

The share placement could be done in one or more tranches, the energy arm of JSW Group said in an exchange filing

Opec+ ministerial panel unlikely to change output policy at April 3 meeting

OPEC+ members, led by Saudi Arabia and Russia, last month agreed to extend voluntary output cuts of 2.2 million barrels per day (bpd) to support the market

Govt proposes national iron ore exchange to tackle price anomalies: Report

The proposed exchange would record real-time transactions and physical delivery of iron ore, the document said

Forex derivatives volumes to plummet 80% on mandatory exposure rule

The rule, which comes into effect from April 5, was reiterated by exchanges on Monday following concerns raised by brokers about its impact on volumes

Sunflower oil imports hit second-highest level as palm oil retreats

Lower palm oil purchases by India, the world's biggest importer of vegetable oils, could cap the rally in benchmark Malaysian palm oil futures that are trading near their highest in a year

Haldia Petchem planning $10 bn oil-to-chemical project in south India

The company wants to boost profits by locally producing specialty chemicals

New EV policy: No restrictions on imports from any country, including China

Last month, India announced lowering import taxes on certain electric vehicles produced by carmakers who commit to invest at least $500 million and start domestic manufacturing within 3 years

Oil gains on expectations for higher demand as Middle East concerns rise

Opec's output fell last month by 50,000 bpd, indicating the voluntary cuts are having some effect

Indian Oil Corp set to tap spot oil market as Russian term deal lapses

State-run IOC's term contract with Rosneft expired on March 31, two sources said

Potential Tesla buyers snub company as Musk's reputation dips: Survey

Market intelligence firm Caliber cited strong associations between Tesla's reputation and that of Musk for the scores

Microsoft to separate Teams, Office globally amid antitrust clampdown

The European Commission has been investigating Microsoft's tying of Office and Teams since a 2020 complaint by Salesforce-owned competing workspace messaging app Slack

India's hydropower output records steepest fall in nearly four decades

Renewables accounted for 11.7% of India's power output in the year that ended in March, down from 11.8% a year earlier

Israeli airstrike in Damascus kills top Iranian commander Zahedi: Report

A Lebanese security source, speaking to Reuters, said one of the dead was Mohammad Reza Zahedi, a senior commander in Iran's Revolutionary Guards Corps (IRGC)

RBI reverts to multiple price auctions for govt securities after 3 years

Under the multiple price auctions, buyers are allotted bonds at the price they bid at, while uniform pricing means bonds are sold at the cutoff level

Equity market returns to 'normalise' this fiscal year, says Canara Robeco

Canara Robeco Mutual Fund manages around 880 billion rupees ($10.55 billion) of Indian equities

Govt raises Rs 16,500 cr by selling stakes in companies in FY23-24

Prime Minister Narendra Modi's ambition of privatising state-run firms has taken a back seat due to general elections that start on April 19

China's factory activity expands at fastest pace in 13 months in March

Citi last week raised its forecast for China's 2024 growth to 5.0 per cent from 4.6 per cent, citing recent positive data and policy delivery