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Wheat stocks halve from a year ago, inventories marginally higher: Data

Wheat inventories at government-run granaries stood at 22.7 million tonnes on Oct 1

Six airlines to issue $622 mn in passenger refunds: US transportation dept

The actions helped ensure the carriers paid required refunds "to hundreds of thousands of passengers who had their flights canceled or significantly changed"

Cummins Inc, Tata Motors team up to develop hydrogen-powered engines

India will be one of the first markets to receive Cummins' hydrogen engines, the company said

SpiceJet quarterly loss widens to Rs 838 crore on higher fuel prices

Losses widened to Rs 838 crore ($103.25 million) for the three months ended Sept 30

Dollar surges as traders say markets overreacted to US inflation data

The euro fell 0.6% against the dollar to $1.0284 at 1130 GMT, after rising to a three-month high during Asian trading hours

Opec cuts oil demand growth forecast again as economic challenges mount

The group, which recently cut production targets, will remain cautious, Saudi Arabia's energy minister was quoted as saying last week

India's smartphone shipments drop 10% in Q3 as prices hit record: IDC

The average selling price jumped 15% year-over-year, and 6% from the previous quarter, to a record $226, IDC said

Oil prices fall $1 on surging Covid cases in China, firmer US dollar

Covid-19 cases climbed in China over the weekend, with Beijing and other big cities on Monday reporting record infections

India's palm oil imports dip 4.8% in 2021/22, soyoil overseas buying up 45%

The country's palm oil imports in the marketing year ended on Oct. 31 fell to 7.9 million tonnes

Oil prices extend gains as China eases some Covid-19 restrictions

Brent crude futures rose 87 cents, or 0.9%, to $96.86 a barrel by 0041 GMT after settling up 1.1% on Friday

Twitter to enable organisations to identify their associated accounts: Musk

"Rolling out soon," Musk in a tweet on Sunday said. "Twitter will enable organizations to identify which other Twitter accounts are actually associated with them."

Crypto exchange FTX's collapse being scrutinised by Bahamas authorities

FTX filed for bankruptcy on Friday, one of the highest profile crypto blowups, after traders rushed to withdraw $6 billion from the platform in just 72 hours

Asian share markets pause as US Fed Reserve warns against exuberance

A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%

India's wheat planting gathers momentum, acreage rises nearly 10%

Late rains in October and November raised soil moisture levels and helped farmers bring in more area under wheat, the main winter crop, growers said.

At COP27 climate talks, slow progress stokes worry over final deal

With a long list of demands for COP27, country delegates said there had been little progress so far on the technical details of how to deliver on deals and pledges made in previous years

Twitter Blue 'probably' coming back end of next week, Musk says

Twitter Blue will probably "come back end of next week", billionaire owner Elon Musk said in a tweet on Saturday.

Collapsed FTX hit by rogue transactions, analysts saw over $600 mn outflows

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft

Crypto exchange FTX says investigating 'unauthorised transactions'

FTX filed for U.S. bankruptcy protection on Friday and founder Sam Bankman-Fried resigned as chief executive

India can buy as much Russian oil as it wants, outside price cap: Yellen

The cap would still drive global oil prices lower while curbing Russia's revenues, Yellen said in an interview with Reuters on the sidelines of a conference on deepening U.S.-Indian economic ties

Nearly half of job cuts were in tech, reorg underway: Meta executives

The executives said that the first mass layoff in the social media company's 18-year history affected staffers at every level and on every team, including individuals with high performance ratings