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Centre set to restrict sugar exports after poor monsoon rains: Report

Monsoon rain this year was the lowest since 2018 due to the El Nino weather pattern

Religare asks police to probe allegations linked to previous leadership

Religare provides loans to small and mid-sized businesses and also has health insurance and broking services units

Sebi probing ties between Adani Group and Gulf Asia fund, says report

The fund has invested in several listed Adani firms, according to the OCCRP and data from investigative journalist group

Govt allows cough syrup firm linked to Uzbek deaths to re-open factory: Rpt

"The appeal of the manufacturing firm is partially accepted," the official, Shashi Mohan Gupta, said in the Sept 14 order

Indian shares extend gains as US rate woes ease, TCS results eyed

The NSE Nifty 50 index settled 0.62% higher at 19,811.35, while the S&P BSE Sensex rose 0.60% to 66,473.05

Cabinet approves royalty rates for mining of Lithium, 2 other minerals

"Critical minerals have become essential for economic development and national security in the country," the government said

Sept diesel flows to Europe reach all time peak, Oct volumes slowing

Russia banned diesel exports on Sept. 21 to stabilise domestic market fundamentals, though this was partially lifted from Oct. 6

Govt wants Saudi Aramco to develop strategic petroleum reserve: Report

India, the world's third-biggest oil importer and consumer, imports over 80% of its oil needs and has built strategic storage at three locations in southern India

Real estate demand strong despite rising interest rates: REA India CEO

"We have witnessed quarter-on-quarter growth over the last several quarters despite rising rates," said Dhruv Agarwala, CEO at REA India, part of the Australia-listed REA Group

Dollar pauses ahead of Fed minutes, US Treasury yield moves weigh

U.S. Treasury yields continued to slide, pinning the dollar close to two-week lows as markets digest recent comments from policymakers that the Fed may not need to tighten monetary policy further

Centre's panel wants car ratings tied to improved connectivity: Draft

"Most sensors do not work well in these scenarios and V2X fills the gap," it added, referring to the connected car technology commonly known as vehicle-to-everything (V2X)

Heavy force damaged Baltic Sea gas pipeline, says Estonia's Hanno Pevkur

The Balticconnector subsea gas pipeline and a telecommunications cable connecting Finland and Estonia were damaged on Sunday

China saves billions of dollars from record-sanctioned oil imports

China's purchases are also a revenue lifeline for Moscow, Tehran and Caracas, whose economies are otherwise curtailed by Western sanctions and a decline in investment

Apple updates iPhone 12 software to address France's radiation testing

Apple has disputed the findings of French regulators who said that iPhone 12, which has been on market for three years, gave off more than permissible amounts of radiation and halted sales of device

Inflation seen easing to 5.50% in Sept on softening food price rises: Poll

Inflation, as measured by the annual change in the CPI , was forecast to have fallen to 5.50% in September from 6.83% in August, according to an Oct. 3-9 Reuters poll of 66 economists

Festive season bump unlikely to jumpstart rural auto demand: Analysts

India has a line-up of festivals and auspicious periods between August and November, pushing up vehicle sales

Prosus-owned PayU targets Feb for filing IPO worth $500 mn, hires bankers

PayU, owned by South African conglomerate Prosus, is a payment gateway that also offers other services including buy-now-pay-later, and competes with the likes of Tiger Global-backed Razorpay

PepsiCo bets on price hikes to again raise annual profit forecast

PepsiCo and rival Coca-Cola have been largely shielded from the effects of price hikes due to their near-domination of the global carbonated drinks market

India's first bamboo based biorefinery to start operations in March

India, the world's third biggest consumer and importer of oil, is aiming to reduce its crude oil consumption by switching to sustainable alternatives such as bio fuels

China targets 50% growth in computing power in race against the US

The plan, released by six departments in Beijing including the Ministry of Industry and Information Technology (MIIT), has set a target for China's total computing power to reach 300 EFLOPS by 2025