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China to reopen borders, abandon quarantine even as Covid-19 cases rise

Zero-Covid policy over: Quarantine for travellers to end starting Jan 8

India plans $2 billion incentive for green hydrogen industry, says report

The 180-billion-rupee ($2.2 billion) incentive aims to reduce the production cost of green hydrogen by a fifth over the next five years, said a senior government official

Oil prices hit three-week high as China eases Covid-19 restrictions

Brent crude was up 22 cents, or 0.3%, at $84.14 a barrel by 0911 GMT and U.S. West Texas Intermediate crude gained 7 cents to $79.63

Gold prices rise as dip in $ makes bullion less expensive for buyers

Spot gold was up 0.6% at $1,807.69 per ounce, as of 0704 GMT. U.S. gold futures rose 0.6% to $1,814.80

Four employees of Laurus Labs die in fire incident at firm's Andhra plant

One other employee is undergoing treatment in a hospital after the incident that occurred on Monday evening

Oil rises in thin trade on concerns over winter storm impact across US

Brent crude was up 73 cents, or 0.9%, at $84.65 a barrel by 0122 GMT, while U.S. West Texas Intermediate crude was at $80.41 a barrel, up 85 cents, or 1.1%

Shares snap four-day losing streak; Sensex gains 1.2%, Nifty 50 up 1.17%

The Nifty 50 index closed 1.17% higher at 18,014.60, and the S&P BSE Sensex gained 1.20% to 60,566.42, marking their biggest daily gain since Nov. 24

Advent International to acquire 50.1% stake in Suven Pharma, explore merger

As of last close, Suven had a market capitalization of 126 billion Indian rupees

Twitter restores suicide prevention hotlines, other safety resources

Reportedly, the removal was ordered by the social media platform's new owner Elon Musk

Media mogul Bloomberg likely to buy Dow Jones or Washington Post: Report

Axios said Bloomberg would be interested in a potential acquisition of either companies, but Dow Jones would be a stronger target

India 'deeply engaged' in developing GM seeds for 13 crops

Indian institutions are "deeply engaged" in the development Of genetically modified seeds for 13 crops, including rice, wheat and sugarcane to improve their yield and quality, the government said

Oil rises 2% on Russian supply worries; US storm impact in focus

Russia may cut oil output by 5%-7% in early 2023 as it responds to price caps, the RIA news agency cited Deputy Prime Minister Alexander Novak as saying on Friday

EV maker Avon Cycles denies allegations over misappropriation of incentives

India's Avon Cycles Ltd has denied any wrongdoing in a scheme granting subsidies to vehicle manufacturers to boost the sale of electric vehicles (EV)

Oil climbs on expected drop in Russian exports, offsets US storm impact

Oil prices rose on expectations of lower Russian crude exports from the Baltic region in December, offsetting worries that a looming Arctic storm across the US could snuff out transport fuel demand

Tiktok employees 'improperly accessed' data of two journalists: ByteDance

ByteDance, the Chinese parent company of popular video app TikTok, said on Thursday that some employees improperly accessed TikTok user data of two journalists and were no longer employed by the compa

India tweaks gas procurement norms for fertiliser firms to cut cost: Report

The govt has amended the 2015 gas procurement guidelines under which fertiliser plants had to procure 80% of their gas needs through long-term contracts and the balance through three-month tenders

Google-owned YouTube inks $2 billion a year deal for NFL Sunday Ticket

YouTube will pay an average price of about $2 billion a year to secure rights to the NFL Sunday Ticket franchise

Benchmark yield at 1 month high as RBI worry over inflation hurts sentiment

The benchmark 10-year yield ended at 7.3164%, the highest since Nov. 21 and after ending at 7.2867% on Wednesday

Indian shares extend losses amid concerns of Covid-19 cases, inflation

Indian shares extended fall for a third straight session, with broad-based declines, after the Reserve Bank of India's latest monetary policy minutes revealed strong concerns about inflation and Covid

Trillions wiped off, here's how 2022 shocked, rocked global markets

The main drivers have been the war in Ukraine, combined with rampant inflation as global economies broke out of the pandemic, but China remained shackled by it