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Will only agree an India trade deal that works for Britain: PM Sunak

"He said negotiations around a free trade deal were progressing and that he would only agree an approach which worked for the whole UK," his spokesperson told reporters

Weak global activity data sends US dollar to 6-month high, Aussie skids

The dollar climbed 0.63% against the yen to 147.42, its highest since November, and the dollar index, which tracks the greenback against six main peers, rose 0.56% to 104.75, its highest since March

World losing race to meet climate change commitments: COP28 president

The summit, which opened on Monday, is focused on mobilising financing for Africa's response to climate change

Govt may not issue green bonds this fiscal due to lack of premium

"The government is not very keen to issue green bonds because of a lack of premium for such issuances. It had hoped for over 20 basis points of premium in the first auction," said the official

SoftBank's Arm aims for over $52 bn valuation in biggest US IPO of the year

SoftBank is offering 95.5 million American depository shares of the Cambridge, United Kingdom-based company for $47 to $51 apiece and aims to raise up to $4.87 billion at the top of the range

Indian insurers tweak trading strategy as bond-swap spread widens

FRAs are agreements that insurers enter into with banks to lock in rates on long-dated bonds, helping them offer guaranteed returns to policyholders

RBI plans to widen use of wholesale CBDC in call money market: Official

India's CBDC is currently in a pilot phase across the retail and wholesale segments. The central bank has set a target of one million transactions a day by the end of 2023

Indian sugar production concerns drive local prices to 6-year high

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

Paytm's Sharma open to increasing stake in Indian payments firm

Sharma, also CEO of Paytm, holds a 19.42% in Paytm after purchasing shares from Antfin amid broader concerns about Chinese ownership in Indian financial technology companies

SpiceJet gives lessors shares to clear $28 million outstanding dues

The carrier's shareholders had on Thursday passed a number of resolutions, including a 25 billion rupees fundraise and a preferential issue of shares to lessors to clear outstanding dues

Oil stable amid hopes on stable fed rates, Opec+ supply cut expectations

Brent crude futures for November crept 5 cents higher to $88.60 a barrel by 1110 GMT. U.S. West Texas Intermediate crude (WTI) October futures rose 2 cents to $85.57 a barrel

Barclays explores sale of stake in $2.5 billion UK payments unit: Report

The bank is considering bringing in a partner with the strategic "know-how" to expand the business, as well as raising capital, but has yet to decide how big a stake it might sell, said the people

Paytm launches $12 'soundbox' that accepts card payments across networks

Indian fintech firm Paytm on Monday launched a 'soundbox' device that lets merchants accept both mobile and card payments across networks including Visa, Mastercard, American Express

Volkswagen in 'advanced talks' with Mahindra on MEB platform for EVs

Mahindra wants to use central MEB components such as the e-drive and unit cells for its models, said Volkswagen in a statement

Centre monitoring steel import situation as China shipments touch 5-yr high

India is monitoring the import situation on steel after shipments from China touched a five-year high in the first four months

Palm oil buying lifts India's August edible oil imports to record: Dealers

Palm oil imports increased from 1.09 million tons in July to 1.12 million tons in August, the highest in nine months, according to average estimates from the dealers

Reliance Jio seeks up to $2 billion in offshore loans to fund 5G plan

The report neither mentioned the individual amounts that Jio will pay back to Ericsson, BNP and other entities in the loan deal nor clarified whether BNP was acting on behalf of a consortium

Underpaying workers in Australia may soon attract 10-year jail term

Workplace Minister Tony Burke said on Sunday he would introduce the bill making it a criminal offence to deliberately underpay workers

Jet Airways founder Naresh Goyal to remain in custody till Sept 11

The case relates to an alleged 5.38 billion Indian rupees ($65.06 million) bank fraud case filed by state lender Canara Bank

Saudi Arabia's Aramco considers selling $50 billion in shares: Report

Saudi Aramco is the world's biggest oil company, with a market value of $2.25 trillion