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BlackRock bullish on India, looking to expand its share in govt bond ETFs

BlackRock leads the global ETF space with a nearly 40% market share

MSCI shuffle: India narrows the gap with China, may get $2 bn in inflows

With the May rejig, India's stock count in the MSCI Global Standard index is at 149, the highest ever for the country

Ukraine plans electricity imports after Russian attacks on energy system

Ukraine consumes up to 19,000 Mwh at peak of consumption in winter

Fierce battle between Israel and Hamas-led militants in north, south Gaza

Gaza's Civil Emergency Service and health ministry said rescue teams have been unable to reach areas where the army was operating to respond to calls for help

UN launches probe into first international staff killed by strike in Rafah

The staffer, a retired Indian Army officer named Waibhav Anil Kale, was working with the UN Department of Safety and Security and was on route to the European Hospital in Rafah

Granules India Q4 results: Revenue declines 1.6% on weak paracetamol sales

The company's consolidated revenue fell year-on-year to 1,176 crore rupees (nearly $141 million) for the three months to March 31

Trouble mounts for MDH, Everest as New Zealand checks for contamination

Regulators in India have inspected MDH and Everest plants and sent samples for testing after the global scrutiny, though the results have not yet been made public

'Soft landing' hopes at stake as investors await key US inflation data

Fed Chairman Jerome Powell has downplayed the potential for rate hikes this year and recent data showed cooling in the labor market

US Treasury imposes sanctions after aborted sale of Russian tycoon stake

Treasury will continue to take action to ... stop evasion by the Kremlin and its oligarch enablers, said US Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian Nelson

Russian air destroys 10 Ukraine-launched ATACMS missiles over Crimea

The war has killed thousands, displaced millions and turned Ukrainian cities into rubble

Honda to scale down production, cut China workforce with voluntary layoffs

Honda's move marks the latest setback for Japan's legacy car brands in China, where the growing dominance of local players such as BYD and a brutal price war are causing them to lose market share

Benchmark bond yield declines to six-week low, in line with US peers

The benchmark 10-year yield is likely to move in the 7.09-7.14% range, following its previous close of 7.1067%

Defying west, President Putin scheduled to meet Xi Jinping in Beijing

Blinken said Beijing's supply of dual-use goods was 'powering Russia's brutal war of aggression against Ukraine'

Dollar trades low ahead of crucial inflation report; yen under pressure

The yuan slid to a two-week low versus the dollar after US President Joe Biden unveiled steep tariff increases on an array of Chinese imports

OpenAI's co-founder Ilya Sutskever parts ways with ChatGPT maker Altman

Microsoft-backed OpenAI makes the popular ChatGPT chatbot, which sparked a race among the world's largest tech companies for dominance in the emerging generative AI field

Xiaomi becomes 8th largest EV upstart in China after successful SU7 launch

Xiaomi's strong entry into China's crowded EV market is set to further upend the world's largest auto market, where companies have been locked in a fierce price war amid weakening demand

Brazil pushes out Petrobras CEO, names ex-regulator to top job; shares dip

New York-listed shares of Petrobras fell more than 6% in after-hours trading as news broke that Prates was headed for the exit

Putin backs China's Ukraine peace plan, says Beijing understands conflict

Putin, speaking to China's Xinhua news agency ahead of his visit to Beijing this week, said Russia remained open to dialogue and talks to solve the more than two-year-old conflict

2 Chinese firms progress in producing high bandwidth memory for AI chipsets

CXMT and other Chinese chip firms have also been holding regular meetings with South Korean and Japanese semiconductor equipment firms to buy tools to develop HBM, said two of the people

Israeli tanks push deeper into Rafah despite allies warning against it

A US official who declined to be identified told Reuters that Israel promised not to make a major move in Rafah without advising Washington