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Netflix, Amazon, Disney-backed group protests India's tobacco rules: Report

As part of India's anti-tobacco drive, the health ministry last month ordered streaming platforms to insert static health warnings during smoking scenes within three months

IIFL Finance keen to raise more funds through bond market, says CFO

As on March 31, the company's total borrowing stood at nearly 40 billion rupees ($485.07 million). Its borrowing mix currently comprises 60% from banks, 20% from the bond market

Equity mutual fund inflows halve in May; SIP contributions hit record: Data

The slide in equity mutual fund inflows was offset by steady foreign inflows in domestic equities, prompting a 2.60% rise in the Nifty 50 index in May

SBI to raise up to Rs 50,000 crore in FY24 by issuing debt instruments

State Bank of India plans to raise up to 50,000 crore rupees ($6.06 billion) this financial year by issuing debt instruments, as lenders look to meet rising demand for credit

Credit Suisse puts up China brokerage venture for sale due to takeover: Rpt

Credit Suisse and a joint venture partner are seeking buyers for their China securities brokerage business due to the Swiss bank's takeover by rival UBS

Power shock:  Euro zone saw winter recession, more challenges ahead

Along with Germany, GDP also declined in Greece, Ireland, Lithuania, Malta, and the Netherlands

Nomura India's Head of Investment Banking Utpal Oza steps down: Report

Amit Thawani, managing director and head of coverage investment banking has taken over from Oza, the sources said

Rice rates at three-month high on low supplies, paddy price hike

India's 5% broken parboiled variety was quoted at $388-$395 per tonne, up from last week's $375-$380

Refiners' crude processing hits 5-month low in April due to maintenance

In March, crude oil processed at 23 million tonnes was the highest since Reuters records going back to 2009

India's May fuel consumption scales record high on robust manufacturing

India's delayed monsoons also supported diesel consumption by translating into better construction activity overall, Katona said

US weekly unemployment benefit claims surges more than expected to 261,000

Initial claims for state unemployment benefits jumped 28,000 to a seasonally adjusted 261,000 for the week ended June 3, the Labor Department said

Delhi police step up sexual harassment probe of wrestling chief Bhushan

The government has set a June 15 deadline to wrap up the investigation after the accusations made by some top wrestlers in January against the Brij Bhushan

Market snaps four-day winning streak ahead of RBI MPC announcement

The blue-chip Nifty 50 index closed 0.49% lower at 18,634.55, while the benchmark S&P BSE Sensex fell 0.47% to 62,848.64

India in talks with US on steel, aluminum tariff exemption: Report

By Neha Arora, Shivangi Acharya and David Lawder

Indian shares rise after RBI keeps repo rate unchanged at 6.5% in MPC meet

The Indian rupee remained mostly unchanged after the policy decision, while the benchmark 10-year bond yield rose to 7.01%

India's May fuel demand rises 8% month-on-month to about 20.03 mn tonnes

Sales of gasoline rose 16.4% to 3.35 million tonnes and sales of diesel increased around 5% to 8.22 million tonnes in May

SpiceJet partners with FTAI to restore fleet, to lease up to 20 engines

SpiceJet had also said there were no plans to file for insolvency, quelling fears of a spillover after rival Go Airlines (India) filed for voluntary bankruptcy

Indian rupee poised to open lower tracking yuan slide, eyes on RBI outcome

The RBI is widely expected to keep the key policy rate at 6.50% in its decision at 10.00 a.m. IST. The focus will on comments around the trajectory of interest rates and inflation

India's inflation has likely cooled to a 20-month low in May: Poll

The poll of 45 economists predicted inflation measured by the CPI rose at an annual rate of 4.42% in May, down from 4.70% in April and set to be the lowest since October 2021

YES Bank aims to expand margins by 100 bps in next 3 years, says MD

"We would aim to improve the overall ratio of current account savings account (CASA) deposits further. There is a huge opportunity available there," Prashant Kumar said