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Oil prices rises as expected supply cuts offset inflation concerns

The continuing supply cuts could lift Brent futures above the $100 a barrel threshold before the end of the year, Bank of America analysts said on Wednesday

Sugar output in Maharashtra set to fall to lowest in 4 years after dry Aug

The reduced output could add to food inflation and discourage New Delhi from allowing sugar exports, supporting global prices which are already near their highest in more than a decade

Putin discusses military matters, Ukraine war with N Korea's Kim Jong Un

Putin showed Kim around Russia's most advanced space rocket launch site in Russia's Far East and discussed the possibility of sending a North Korean cosmonaut into space

India calls X a 'habitual non-compliant platform' in latest court tussle

Formerly known as Twitter, X has an ongoing legal tussle with Prime Minister Narendra Modi's administration over what New Delhi alleges is non-compliance with content removal orders

IndiGo gets regulatory approval to wet-lease 11 A320 aircraft: Report

This comes amid IndiGo grounding nearly 40 planes due to a Pratt & Whitney engine issue, the report said

India to draft new policy in push for EV investment, says Piyush Goyal

Piyush Goyal's comments come as US EV maker Tesla continues talks with Narendra Modi's administration on the possibility of building a factory in India.

Western firms shift investment from China to India as worries mount

The value of announced U.S. and European greenfield investment into India shot up by some $65 billion or 400% between 2021 and 2022

Global debt fell as share of GDP in 2022, may resume rising trend: IMF

The IMF said in an update to its Global Debt Database that the world's total debt to-GDP ratio fell last year to 238 per cent from 248 per cent in 2021 and 258 per cent in 2020

OPEC+ cuts to tighten oil market sharply in fourth quarter, says IEA

OPEC and its allies, known as OPEC+, began limiting supplies in 2022 to bolster the market

iPhone 12 complies with radiation standards: Apple disputes French findings

It said it was contesting the results of the review made by AFNR and would continue to engage with the authority to show it is compliant

China says it has not banned purchase, use of foreign phone brands

It was recently reported that China had widened existing curbs on the use of iPhones by state employees, telling staff at some central government agencies to stop using their Apple mobiles at work

Aeroflex Industries in talks to enter aerospace sector, says top official

Following the recent success of its lunar mission, India launched its first solar mission, the latest step in its efforts to increase its share of the global satellite launch market by fivefold

Re-jig of banks' investment rules to boost govt debt appetite: Bankers

Currently, the limit is 19.5% of a bank's net deposits, with some dispensation on bonds purchased between Sept. 1, 2020 and March 31, 2023

Russia to help North Korea build satellites, says President Vladimir Putin

Kim arrived at Vostochny by train, after crossing into Russia early on Tuesday

Wall Street dips, the dollar strengthens ahead of key inflation data

One week from today, the central bank is due to convene its two-day policy meeting, at which the Fed is broadly expected to let current key interest rates stand

Top US House Republican McCarthy calls for Biden impeachment inquiry

Many in McCarthy's party were infuriated when the House, then controlled by Democrats, twice impeached Republican President Donald Trump - in 2019 and 2021 - though he was acquitted both times

Oil prices jump 2% to near 10-month high as Opec predicts tight supplies

Brent futures rose $1.64, or 1.8%, to $92.28 a barrel by 11:15 a.m. EDT (1515 GMT). U.S. West Texas Intermediate (WTI) crude rose $1.91, or 2.2%, to $89.20

Apple kicks off iPhone 15 event with new cables, better cameras expected

The event at Apple's Cupertino, California, headquarters comes amid a global smartphone slump and lingering economic uncertainty, especially in China, Apple's third-largest market

Bain Capital slashes stake in L&T Finance Holdings by more than half

Investment firm Bain Capital sold more than half its stake in non-banking financial company L&T Finance Holdings in two block deals, data from BSE India exchange showed on Tuesday

RBI issues revised classification, guidelines for banks' investments

The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024