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Crude oil tracks global equities higher, IEA demand downgrade weighs

Lower U.S. bond yields are stoking risk appetite, which in turn is supporting equities and oil, UBS analyst Giovanni Staunovo said

US consumer prices rise on surge in rents, underlying inflation cools

Weekly jobless claims unchanged at 209,000

Govt invites bids for licences to supply natural gas to households

"After this round we will go with the authorisation for the island areas to cover 100% geographical areas," Oil minister Hardeep Singh Puri said

China warns EU steel probe will disrupt global supply chains, push up costs

The European Commission recently launched an investigation to decide whether to impose punitive tariffs to protect EU producers against cheaper Chinese electric vehicle imports

Festival season spurs online shopping spree, e-commerce cos hopeful

"I don't have time even for lunch as there are so many packets to be delivered," said Ajay Singh, a delivery boy at a Flipkart delivery centre in a busy market in New Delhi

Wadia Group to stay away from Go First insolvency process: Report

A third source involved in the insolvency process said while the law does not prohibit the Wadia Group from joining the process at a later stage, there was no current indication it would do so

Adani Ports sees more offers worth $213 mn at dollar bond buyback

The outstanding for this bond stands at $520 million, according to data from LSEG

NHAI unit to raise around Rs 30 bn via 10-yr bonds soon, say bankers

DME is a special-purpose vehicle created by the NHAI in August 2020 for the construction of the greenfield Delhi-Mumbai Expressway

RBI's active rupee management stretches valuation to near 2-year peak

The RBI regularly intervenes in the foreign exchange markets and stepped up intervention in September

India accuses China's Vivo of visa violations, siphoning off $13 bn

"Many employees of Vivo group companies worked in India without appropriate visas," the agency said in the filing

Clicking towards record: Festival season spurs online shopping spree

Any lingering fears that inflation and higher interest rates would dampen consumers' spirit in Asia's third largest economy, are being rapidly dispelled

Banks assess carbon risk of loan book amid investor, RBI push: Reports

The South Asian nation is the world's third-highest greenhouse gas polluter and has set a goal of reaching net zero emissions by 2070

Indian rupee to receive help from pullback in oil, traders eye US inflation

Non-deliverable forwards indicate rupee will open marginally higher than 83.1875 in the previous session

How Deif, secretive Hamas commander masterminded attack on Israel

His wife, 7-month-old son, and 3-year-old daughter were killed by an Israeli air strike in 2014

Grounded airline Go First gets expression of interest from Jindal Power

"Jindal Power was the sole successful applicant whose expression of interest was accepted by banks," said a banker with a state-run bank that has exposure to Go First

Crude oil falls after Saudi pledge, investors keep wary eye on Israel

Brent futures fell $2.10, or 2.4%, to $85.55 a barrel by 10:41 a.m. EDT (1441 GMT). U.S. West Texas Intermediate (WTI) crude fell $2.55, or 3.0%, to $83.42

Delta Corp posts marginal Q2 profit rise, brings in new finance chief

The company's tax expenses in the quarter fell 7.4%, making way for profits as total revenue stayed flat with a 0.2% rise to 2.71 billion rupees

Ukraine receives $1.15 billion grant from US under World Bank program

The PEACE (Public Expenditures for Administrative Capacity Endurance) in Ukraine project has been the World Bank's flagship financing instrument for Kyiv during Russia's war on Ukraine

Russian oil price to India for August hits highest since December

Refiners in India largely buy Russian oil on a delivered basis, with sellers arranging for shipping and insurance

Energy consumption to increase through 2050, outpace efficiency gains: EIA

Global electric-power generating capacity by 2050 is expected to increase by a range of 50% to 100%, and electricity generation by 30% to 76%, the EIA said