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Dollar down on soft inflation data as traders price in Fed rate hike skip

The dollar index - which measures the performance of the U.S. currency against six others - dipped 0.2% to 103.14, after touching its lowest since May 22 overnight at 103.04

India considers lithium mining royalty at 3% of London Metal Exchange price

At least dozen cos such as Adani Enterprises, Vedanta Ltd, Reliance Industries, Jindal Steel and Power Ltd, Himadri Chemicals and Korea's LX International are likely to take part in auction

Metals, FMCG stocks lift Indian stock market ahead of US Fed decision

The blue-chip Nifty 50 index closed 0.21% higher at 18,755.90, while the benchmark S&P BSE Sensex rose 0.14% to 63,228.51

Sebi may not waive holdings rule for MFs post HDFC Bank, HDFC merger

As per SEBI rules, a mutual fund scheme cannot invest more than 10% in a single security

Mutual funds may not get holdings waiver post HDFC Bank-HDFC merger: Report

As per SEBI rules, a mutual fund scheme cannot invest more than 10% in a single security. However, exchange-traded funds and funds that invest in particular sectors are exempt

Rupee hits one-month high against dollar on corporate dollar inflows

Indian rupee hit a one-month high against the U.S. currency on Wednesday led by likely corporate dollar inflows, five traders said

Agency probes bribery claim in toxic syrup tests killing children in Gambia

A lawyer accused Haryana's drug controller of taking a bribe of Rs 50 million from local manufacturer Maiden Pharmaceuticals to help it switch the samples before an government laboratory tested them

US pushing India to seal big armed drone buy for PM Modi visit: Report

India has long expressed interest in buying large armed drones from the United States. But bureaucratic stumbling blocks have hampered a hoped-for deal for SeaGuardian drones

US inflation eases to 4% in May, Fed may keep interest rates unchanged

Fed now expected to keep interest rates unchanged at this week's meeting

Reddit Groups go silent amid AI-Linked fee dispute: Who gets affected?

Many said the new pricing scheme could kill off some of the most popular third-party apps that many users rely on to browse and comment on the site

Japan's benchmark Nikkei closes above 33K for the first time in 33 years

SoftBank Group jumped 5.25 per cent on reports

Meta Platforms releases 'human-like' AI image creation model: Report

Meta said it would provide researchers with access to components of a new AI model that it said can analyze and complete unfinished images more accurately than existing models

Indian authorities probe bribery claim in toxic cough syrup tests

"I just want the matter formally investigated," said the 38-year-old, adding that he was waiting to be asked to submit an affidavit that would trigger such a probe

Bank unions ask RBI to withdraw compromise settlement for wilful defaulters

Last week, the Reserve Bank of India (RBI) released a framework for lenders governing technical write-offs and compromise settlements, including those classified as fraud or wilful defaulters

RBI likely to tighten norms for unsecured lending portfolios of banks

Indian banks have been expanding their unsecured lending portfolio as the pandemic-induced stress began easing

Dollar falls before US inflation data, yuan weakens on repo rate cut

By Harry Robertson and Rae Wee

Operations at several ports, oil rigs halted as India prepares for Biparjoy

As India prepares for a powerful cyclone that is likely to hit its west coast this week, the govt has directed all offshore oil installations to ensure the immediate return of all staff

Authorities to impound bike taxis if Uber, Ola do not comply with Delhi ban

India's top court on Monday backed the city government's ban on bike taxis in a setback for U.S. ride-hailing company Uber which had legally challenged authorities to continue offering the services

Biparjoy to make landfall: Here's a look at India's deadliest cyclones

Biparjoy, with maximum sustained wind speeds of 125-135 km per hour (78-84 mph) gusting up to 150 kph, is expected to make landfall on Thursday between Mandvi in Gujarat and Karachi in Pakistan

Egyptian supply minister says no credit line has been opened with India

Egyptian Supply Minister Ali Moselhy said on Monday that no credit line had been opened with India but discussions were ongoing regarding payments for imports using currencies other than the dollar