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Airbus heads towards 500 A320-family jets order from IndiGo: Report

Airbus and Boeing are also competing in talks to sell 25 wide-body jets to the same airline, they said

Opec+ members reach agreement to extend production cuts into 2024

Negotiations dragged on as some African producers objected to demands that they give up some of their output quotas

Govt says rescue operations concluded after worst train crash in decades

The death toll from Friday evening's crash was revised down from 288 after it was found that some bodies had been counted twice, said Pradeep Jena, chief secretary of Odisha

Bond yields fall marginally this week tracking a sharp decline in US peers

All 64 economists in the poll conducted between May 16 and May 29 expected no change to the 6.50% repo rate

Apollo Hospitals to raise $200 mn by selling 6% stake in online platform

In May, Apollo's fourth-quarter revenue from healthcare services climbed 18.5% and accounted for 51% of its total revenue

Tata Group signs Rs 13,000-crore EV battery plant deal with Gujarat

Initial capacity of Sanand factory could be 20 GWh

US Federal Reserve seen skipping June, maybe hiking in July after jobs data

Traders now see about a one-in-three chance that the Fed will deliver an 11th straight rate increase at its June 13-14 meeting, up from about one-in-four before the Labor Department report

Amazon in talks with Verizon, others for low-cost mobile services

The discussions, which have been going on for six to eight weeks, have also included AT&T Inc at times, the report said, citing people familiar with the matter

US job growth beats expectations in May; unemployment rate rises to 3.7%

Nonfarm payrolls increased by 339,000 jobs last month, the Labor Department said in its closely watched employment report on Friday

India's forex reserves fall for second straight week at $589.14 billion

Reserves had fallen by $6.05 billion in the week ended May 19, the biggest fall in more than three months

India's April finished steel imports from China hit five-year high

India imported 0.5 million tonnes of finished steel in April - the highest since 2019 - up 38.2% from a year earlier, the data showed

Netflix, Disney and Amazon to challenge India's tobacco rules for streaming

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

Amazon's India, South Asia cloud unit head Puneet Chandok resigns

By Munsif Vengattil and Aditya Kalra

Oil prices rise on possible OPEC+ cuts, progress in US debt ceiling deal

Oil prices rose on Friday in early Asian trade as markets weighed the likelihood of price-supportive OPEC+ production cuts over the weekend amid positive sentiment over US monetary policy

Gambia hires US law firm for action on toxic Indian cough syrup: Report

Gambia has hired a U.S. law firm to explore legal action after a government-backed investigation found that contaminated medicines from India were "very likely" to have caused the deaths of children

Russia says US accessed thousands of Apple's phones in a spy plot

Neither Apple nor the NSA immediately responded to emailed requests for comment outside usual US business hours

Reserve Bank to conduct 14-day VRRR auction worth Rs 2 trillion today

India's banking system liquidity surplus has received a boost over the last few days and rose to Rs 1.76 trillion

GQG adds more Nvidia, considers increasing exposure to Adani, says CIO

Jain said the asset manager is considering raising its exposure to Adani by participating in capital increases the group announced in May.

Higher leasing bills, jet recovery dispute will hit airline costs: AerCap

Tribunal last month granted request from 6th-largest carrier for bankruptcy protection, putting into effect moratorium on its assets that prevents foreign lessors from taking planes out for a year

US manufacturing dips for seventh straight month in May; employment rises

The Institute for Supply Management (ISM) said on Thursday that its manufacturing PMI fell to 46.9 last month from 47.1 in April