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Google alleges CCI copied parts of EU order on Android abuse, says report

CCI in October fined Alphabet Inc's Google $161 million for exploiting its dominant position in markets such as online search and the Android app store

India aims for $17 bn cut in food, fertiliser subsidies in 2023-24: Report

The government expects to budget around Rs 2.3 trillion for food subsidies in the coming fiscal year, compared with Rs 2.7 trillion for the current year to March 31

SBI to issue second tranche of infra bonds to meet credit growth: Report

The funds will come in handy for credit growth, and the bank would not need to maintain any statutory liquidity ratio or cash reserve ratio for funds raised through such bond issuances

Rupee's threat to slip below 83 per US dollar likely nipped by RBI

The local currency on the interbank order matching system fell to 82.9950, prompting state-run banks to sell dollars, likely on behalf of the RBI

Adani lifts payout for NDTV open offer to match payment to founders

Adani Enterprises said it will pay an additional Rs 48.65 per share to New Delhi Television Ltd investors who sold their shares to the conglomerate

State-run firms to remain exempt from public shareholding norms: Govt

The exemptions from the MPS norm will be valid for a "specified period" even if there is a change in ownership or control after the exemption is granted, the notification said

Gold prices jump to six-month peak in thin trade ahead of Fed minutes

Gold prices hit a six-month high on Tuesday in thin trading, with the market's attention turning to minutes from the US Federal Reserve's latest policy meeting due this week

Dollar steady as investors await economic data, US Federal Reserve minutes

The dollar index, which measures the greenback against six major currencies, has made a subdued start to 2023 and was last up 0.068% at 103.710

Oil dips after IMF says slowing global growth engines portend tougher 2023

Oil prices slid from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023

India raises windfall tax on crude oil, diesel and aviation turbine fuel

It raised windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective Tuesday, the order said

Brazil FM Fernando Haddad calls for 'fairer and simpler' tax system

Haddad did not mention Lula's decision the day before to extend a costly tax exemption on fuels

Around 400 Russian soldiers killed in missile attack, says Ukraine

The attack hit a building in Makiivka - a city in Russia-occupied Donetsk region - where Russian forces were said to be stationed

IIFL Finance to raise funds via public issue of non-convertible debentures

The issue, which also has a greenshoe option to retain an oversubscription of 9 billion rupees, will open for subscription on Friday and close on Jan. 18

Edelweiss Financial Services to raise Rs 200 cr via public issue of NCDs

The company's public issue will open for subscription on Tuesday and will close on Jan. 23

Utility vehicles sales rise in Dec, demand for entry-level cars muted

Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra

Canara Bank plans to raise funds through sale of certificates of deposit

The notes are rated A1+ by CRISIL

Rupee at 82.5750, gains on speculators bets, lack of cash dollar demand

Rupee was trading higher against the US dollar, helped by likely position building and lack of cash dollar demand

India's December manufacturing PMI expands to 57.8; highest in over 2 yrs

Monday's data cemented the view Asia's third-largest economy is better placed than many other emerging economies to weather the impact of a potential global recession

Global economy faces tougher year in 2023: IMF's Kristalina Georgieva

"Why? Because the three big economies - the US, EU and China - are all slowing down simultaneously," she said

Zelenskyy, Putin promise victory in contradictory New Year speeches

Zelenskyy, recalling some of the most dramatic moments and victories of the war, filled his emotional 17-minute video message with footage of Russia's attacks on the country