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Uttarakhand suspends licences of 14 products of Ramdev's pharma firms

SC had recently criticised Ramdev for not complying with its directives in an ongoing lawsuit to stop misleading advertisements of some of his traditional ayurvedic medicines

Yen holds on to sharp gains after suspected intervention, Fed in focus

Japanese currency was trading a touch lower 0.16% at 156.56 per dollar, but was well off its 34-year low of 160.245 hit on Monday

Strained Chinese cities unable to raise funds to pay home buying subsidies

The property market accounted for about a quarter of China's economic activity at its peak

US to introduce mandatory emergency braking systems in new cars by 2029

The rule requires that systems detect pedestrians in both daylight and at night. Some small-volume manufacturers will be allowed to comply by September 2030

Stocks in Asia inch higher, Yen wobbles after volatile start to week

China stocks were mixed in early trading with the blue-chip index easing 0.07%, while Hong Kong's Hang Seng index was up 0.5%

Coca Cola gears up for IPO of $8 billion African bottling arm, says report

It may seek a valuation of more than $8 billion for the business, the report said, adding that the deliberations were at an early stage and the offering details could change

Tata Chemicals Q4 results: Net loss at Rs 850 cr on low soda ash demand

It reported a consolidated net loss of Rs 850 crore ($101.9 million) in the quarter ended March 31, compared to a profit of Rs 709 crore year ago

EU to probe Meta over handling of Russian disinformation, says report

Dozens of countries worldwide, including Britain, Austria and Georgia, will elect new leaders in 2024. The European parliament elections are also due in June

Apple's iPad operating system subject to tough tech rules, says EU

The European executive's decision followed an investigation launched in September last year. Apple's operating system iOS, its browser Safari and its App Store were designated gatekeepers last year

US regulator opens probe into Ford's hands-free driving tech BlueCruise

The investigation will evaluate the system's performance on the dynamic driving task and driver monitoring, the NHTSA said

G7 nations reach deal to shut down their coal-fired power plants by 2035

The accord will be included in the G7 energy ministers' final communique to be released on Tuesday at the end of a two-day meeting in Turin

'Reliance buys its first Canadian crude from Trans Mountain pipeline'

Reliance joins a growing group of Asian refiners in buying Canadian crude to be exported from the new pipeline which is scheduled to start transporting oil in May

McDonald's set for weak sales growth amid muted fast-food traffic in US

'We expect traffic to continue to be negative, believe the average check will remain under pressure from the heavy discounting to recover lower-income consumer traffic,' BTIG analyst Peter Saleh said

NSE to sell digital tech services unit to Investcorp for $120 million

The 10-billion-rupees deal was in line with NSE's strategy to focus on its core business areas, said Ashish Kumar Chauhan, the company's managing director and CEO

RBI directs lenders to review loan disbursal, interest related practices

"These are matters of serious concern to the Reserve Bank," it said, asking lenders to take corrective action "including system level changes"

Gillette India March quarter results: Profit falls 4% to Rs 99.09 crore

Consumer goods makers are increasingly facing strong competition from smaller manufacturers who are better equipped to occupy shelf space due to declining commodity prices

Chennai Petroleum sees two-year delay in building 180,000 bpd refinery

The company recently changed the capital structure of the joint venture building the project, with its parent company Indian Oil Corp controlling a 75% stake and Chennai Petroleum the remainder

German inflation creeps up to 2.4% in April on back of higher food prices

Euro zone inflation is expected to remain at 2.4%, unchanged from the previous month, according to economists polled by Reuters

Pakistan keeps key interest rate unchanged at 22% for 7th straight meet

It added that it expected inflation to remain on a downward trajectory, but that recent oil price volatility poses a risk to the outlook. Consumers' inflation expectations also edged up in April

Gold holds steady as investors await US data for more Federal Reserve clues

Spot gold was unchanged at $2,338.08 per ounce by 0932 GMT, holding slightly above its 21-day moving average of $2,336