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India could ease China investment curbs if border stays calm: Official

In 2020, India tightened scrutiny on investments from companies based in countries it borders, adding a layer of vetting and security clearances.

Monetary policy has to remain actively disinflationary: Shaktikanta Das

Das said he expects January inflation to moderate and the trend has been moderating but unless inflation reaches 4 per cent on a durable basis

Sun Pharma to buy remaining stake in Israeli unit Taro for about $348 mn

The Indian drugmaker, which currently owns about 78.5 per cent stake in Taro, had offered to buy its remaining stake for $38 per share in May

US in demand, says Blinken as he mourns 'gutwrenching' scenes in Gaza

President Joe Biden's administration wanted to address could be tackled in isolation, echoing comments on Tuesday by Chinese Premier Li Qiang, who called for greater global cooperation

At least $15 billion needed for Gaza housing, says Palestinian official

"We still didn't talk about infrastructure, we didn't talk about the hospitals that were damaged, the grids...," he said at the World Economic Forum in Davos

Japan Airlines names ex-cabin attendant Tottori as first female president

Mitsuko Tottori, a senior managing executive officer who joined JAL in 1985, the year it suffered one of the worst crashes in airline history, will become president from April 1, it said in statement

Aramco CEO Nasser predicts tighter oil markets, sees Red Sea risks

Container vessels have been pausing or diverting from the Red Sea that leads to the Suez Canal, the fastest route from Asia to Europe, where about 12% of world shipping passes

US stocks decline, Treasury yield gain as solid data dims rate cut hopes

All three major U.S. indexes were lower, with interest rate sensitive momentum stocks weighing heaviest on the tech-heavy Nasdaq

Wipro optimistic about next fiscal owing to AI to reduce operating costs

'Most client conversations are about cost-saving efforts and there is a conversation every time about AI,' Suzanne Dann said in an interview at the World Economic Forum in Davos, Switzerland

India eyes $100 bn annual FDI in coming years: IT minister Vaishnaw

Foreign investors have bet big on India since Modi came to power in 2014, with the likes of Apple, Samsung, Kia, and Airbus expanding operations

US homebuilder confidence spiked most in January since February 2023

The National Association of Homebuilders/Wells Fargo index of builder confidence rose this month to 44, the highest since September, from an unrevised 37 in December

Confiscating $300 bn of Russian assets no panacea, West cautions in Davos

The lion's share of the assets - essentially securities in which the Russian Central Bank had invested - are frozen in Euroclear, a depository based in Brussels

US import prices unchanged in December after two straight monthly decreases

Since March 2022, the Fed has raised its policy rate by 525 basis points to the current 5.25%-5.50% range

Tata Motors urges India to keep hybrid tax as Toyota seeks cut -sources

The lobbying is the latest by Tata aimed at protecting its dominant EV market share. Tata is also pushing back against Tesla's attempts to secure lower levies for imported EVs, Reuters has reported

India rejects iron ore miner NMDC's proposal for China exports -sources

China accounts for around 80% of India's overall iron ore shipments. India primarily exports low-grade iron ore - with iron content below 58% and most of India's shipments go to China

LTIMindtree Q3 results: Profit rises 16.8% to Rs 1,169 cr, misses estimates

Consolidated net profit of India's sixth-largest IT company rose 16.8% to 11.69 billion rupees ($140.63 million) for the three months ended Dec. 31, 2023

Jindal Power offers Rs 4,203 crore for distressed coal-fired power plant

Adani Power had last month quoted 41 billion rupees ($493.38 million) for the 1,980-megawatt power plant in central India ensnared in insolvency proceedings

Sugar output declines by 7% to 14.87 MT during Oct 1-Jan 15: Industry body

Maharashtra's sugar production fell to 5.1 million tons from 6.09 million tons, while Karnataka's production dropped 12.7% to 3.1 mn tons, the National Federation of Cooperative Sugar Factories said

Fund flows in IT stocks set to rise on positive earnings surprise: Report

Shares of India's IT companies, which earn a significant share of their revenue from the U.S., surged 16.13% in the final two months of 2023, exceeding the benchmark Nifty 50's 13.9% gain

Asian Paints Q3 results: Net profit up 35% to Rs 1,448 cr on strong sales

Consolidated net profit rose about 35% to 14.48 billion rupees ($174.15 million) in the quarter ended Dec. 31, it said in a filing