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Oil prices rise on demand optimism after US crude stocks drawdown

Brent crude futures rose $1.13, or 1.2%, to $95.78 a barrel at 0441 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose $1.26, or 1.4%, to $89.63 a barrel

RBI won't immediately release letter on inflation response to govt

RBI Governor Das said on Wednesday a letter that will be sent to the government will not be made public after the Nov 3 special meeting because the bank does not have the authority to release it

Gold firms as dollar softens with market focus on Fed Reserve's decision

Spot silver rose 0.1% to $19.68 per ounce, having hit a three-week peak on Tuesday

Asian shares waver, dollar dips ahead of Federal Reserve's policy decision

Markets widely expect the Fed to raise its benchmark overnight interest rate by 75 basis points (bps) to a range of 3.75% to 4.00%, the fourth such increase in a row

Oil prices climb on demand hopes after big drawdown in US crude stocks

Brent crude futures picked up 17 cents, or 0.1%, to $94.82 a barrel at 0014 GMT, while U.S. West Texas Intermediate (WTI) crude futures rose 26 cents, or 0.3%, to $88.63 a barrel

Adani Ports SEZ Sept quarter profit jumps 62% as cargo volumes surge

Adani Ports and Special Economic Zone, India's largest private operator of ports, reported a 69% surge in quarterly profit on Tuesday, driven by strong cargo volumes.

India allows rice exports backed by already issued letters of credit

The surprise move trapped nearly 1 million tonnes of rice at ports or which had been in transit before the government made the announcement

India's forex reserves to fall another $15 billion by end-2022: Report

India's forex reserves were forecast to fall to $510 billion from around $525 billion by the end of this year, the Oct

Bond yields fall on 10-year US yield's drop below 4%, subdued oil

The benchmark 10-year Indian government bond yield ended at 7.3957%, after rising five basis points (bps) to 7.4454% on Monday

Foreign investors sell $500 mn of India govt bonds in two days: Analysts

These investors have net sold bonds worth 41.1 billion Indian rupees over Friday and Monday, CCIL data showed

Dollar drops as optimism spreads before Fed and BoE decisions

The Fed is widely expected to raise its benchmark rate by 75 basis points (bps) on Wednesday, its fourth such increase in a row

Whirlpool's India unit reports 39% drop in Q2 profit as costs increase

Whirlpool's profit before exceptional items, its share of profit from joint ventures, and tax slid to 669.9 million Indian rupees

Nykaa posts surge of 4.5% in Q2 profit on strong festive season demand

Nykaa's gross merchandise value, or the monetary value of orders across its platforms, jumped 45% to 23.46 billion rupees

RBI's MPC to meet on Nov 3 to discuss first inflation target miss

The special MPC meeting is being held for the first time since the MPC was set up in 2016 because the committee failed to keep retail inflation within the 2-6% target band for 3 consecutive quarters

State-run telcos MTNL, BSNL line up $2.34 billion debt sales via bonds

Mahanagar Telephone Nigam Ltd and Bharat Sanchar Nigam Ltd intend to raise an aggregate of 193.56 billion Indian rupees through government-guaranteed bonds, the bankers said

Pepsi India bottler beats profit estimates on beverage price hikes

Profit grew by 59% to 3.81 billion Indian rupees ($46.1 million) in the three months ended Sept. 30

Toyota reports 25% drop in Q2 profit, misses estimates amid soaring costs

TOKYO (Reuters) -Toyota Motor Corp on Tuesday posted a 25% drop in second-quarter operating profit, as soaring parts and materials costs outweighed a boost in overseas revenue from the plunging yen

India's Manufacturing PMI rises to 55.3 in October, hiring at 33-mth high

Unlike some other economies, India has shown better resiliency to persistently-high inflation and a sinking currency against the US dollar since the start of this year

Asia's factory output weakens on global slowdown, China Covid-19 curbs

Asia is extremely reliant on China. Its zero-COVID policy continues to disrupt supply chains and keep Chinese travelers from returning to Asian tourist destinations. It's also hurting region's exports

Rupee likely to open flat amid more losses in yuan, focus on Fed meeting

The rupee is expected at open around 82.76-82.82, compared with 82.7800 in the previous session. The local unit witnesses a late selloff on Monday