Page 649 - Reuters%20/t%20_blank

Godrej Consumer estimates double-digit Q1 sales growth on strong demand

Godrej Consumer said its India home care business unit, which houses the Goodknight and HIT brands, recorded double-digit volume growth in the three months ended June 30

Putin says Russian economy faring better than expected; GDP positive

'Our results, at least for the time being, let's say, cautiously, are better than previously expected, better than predicted,' Putin said, according to a transcript on the Kremlin's website

Dollar steady before US Fed minutes, yen hovers below intervention zone

The dollar index - which measures the currency against a basket of six major peers, including the euro and yen - was little changed at 103.02, after tracking between 103.75 and 102.75 since early June

Micron to start construction of $2.75 bn chip plant next month: Report

Micron Technology would start construction in August on a $2.75 billion chip assembly and test facility in Gujarat

Israeli lawmakers give first approval to new judicial overhaul Bill

After the committee vote, the shekel weakened by 0.3 per cent against the dollar. The bill still has to pass three readings in parliament to be written into law

Will stand up against sanctions and 'provocations', says Vladimir Putin

Putin told the group there was a growing risk of a new global economic and financial crisis fuelled by developed countries' debts and worsening food and environmental security

US Big Tech says it meets EU gatekeeper status, TikTok criticises label

Companies can be fined up to 10 per cent of annual global turnover for DMA violations

ONGC Videsh awaiting clarity on equity structure over Kenyan oil field bid

Other Indian companies that are likely to partner with OVL for the stake buy are also evaluating a stake purchase, said the executive, who was not authorised to speak to the media

Surprises from Central banks see June become bumper 2023 rate hike month

Seven of the nine central banks overseeing the 10 most heavily traded currencies that met in June hiked rates, while two opted for no change, Reuters data showed

India tops Russian Urals oil purchases in June as China retreats: Report

Russia has heavily relied on India, China, Turkey and Bulgaria for oil sales since the imposition of sanctions

Jio's new low-cost phone unlikely to disrupt telecom market: Analysts

Jio's launch also comes about a month after India's cabinet approved a $10 billion revival package for loss-making state-owned telecom operator BSNL to help deploy 4G and 5G services

India mulls bilateral deals for green hydrogen-linked carbon credits

Indian companies such as Reliance Industries, Indian Oil and Adani Enterprises have big plans for green hydrogen, a fuel generated using renewable energy

HSBC chases wealthy clients in India with private banking business launch

HSBC said on Tuesday it would target business with India's wealthy as it launched its global private banking business in the country

India's Epsilon Advanced Materials expects US plant to start by 2026

Epsilon, the first Indian battery component maker to invest in the United States, would finalise a location for its plant in the next three months, said Vikram Handa

Temperatures seen surging as El Nino weather pattern returns: WMO

El Nino, a warming of water surface temperatures in the eastern and central Pacific Ocean, is linked to extreme weather conditions from tropical cyclones to heavy rainfall to severe droughts

China move to curb chipmaking material exports escalates supply worries

China has hit the American trade restrictions where it hurts, said Peter Arkell, chairman of the Global Mining Association of China

Twitter users must be verified to access TweetDeck, announces company

Charging for TweetDeck, which was previously free and is widely used by businesses and news organizations to easily monitor content, could bring a revenue boost to Twitter

India's fantasy sports' revenue rises 24% during IPL 2023: Redseer report

Fantasy gaming apps gained popularity in India during the pandemic. Many new companies entered the market to cash in on cricket's popularity and have launched virtual leagues

Indian rupee may inch up; RBI remains in way of large appreciation

The rupee on Monday reached a near two-month high of 81.75 on dollar offers by foreign banks, which market participants said was likely related to their custodial clients and to a one-off inflow

Saudi Arabia and Russia are cutting oil supply again in bid to boost prices

Russia will reduce its oil exports by 500,000 bpd in August; Saudi said it would extend its cut of 1 mbpd till August