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IAEA chief Grossi nods to discord among Fukushima water report experts

Beijing has blasted the IAEA's report saying the body should not be endorsing a plan which poses risks to marine life and human health, despite assurances from Japan

Rupee to extend decline as US hiring data points to more Fed rate hikes

Non-deliverable forwards indicate rupee will open at around 82.66-82.70 to the U.S. dollar compared with 82.51 in the previous session

FIS to sell stake in merchant business to GTCR for $18.5 billion

The transaction would effectively undo FIS' $43 billion acquisition of Worldpay in 2019, after the unit lost market share to traditional competitors and new financial technology startups

US stocks slide as traders bet on more rate hikes by Federal Reserve

Europe's Stoxx 600 index sank the most in two weeks

Oil drops 1% as market frets about risk of US interest rate hike

OPEC upbeat over 2024 oil demand outlook despite slowdown

US agency seeks updated responses, data from Tesla in Autopilot probe

NHTSA has said evidence had raised questions about the effectiveness of Tesla's alert strategy, which seeks to compel driver attention

State-run banks confident of withstanding macro shocks: Finance Ministry

India's state-run banks are confident of withstanding any macroeconomic shocks and expect their outlook to improve, despite headwinds in the global banking sector, the finance ministry said

US service sector picks up in June; inflation gradually slowing: Survey

With the labor market still tight and inflation elevated, the US central bank is expected to resume raising rates this month after skipping in June

HPCL aims to run Vizag refinery at expanded capacity from early 2024

The two hydrocrackers will upgrade heavier feeds such as vacuum gasoil and bitumen into value-added fuels such as jet fuel, gasoline, and diesel

Dabur estimates first quarter sales rose over 10% as inflation eases

Demand trends in both urban and rural India improved during the quarter, Dabur said

Opec upbeat over oil demand outlook despite for next year despite slowdown

Opec will likely maintain an upbeat view on oil demand growth for next year when it publishes its first outlook later this month, predicting a slowdown from this year

US layoffs nearly halve in June as job cuts ease in technology sector

Like its peers, Amazon.com in March had said it would axe another 9,000 roles as a part of its second retrenchment drive, as investors also persuaded the firms to cut costs

Indian lenders want RBI to conduct more overnight reverse repo auctions

The Indian central bank has been conducting shorter duration two-day VRRRs through the week, before being prompted by lenders to resort to an overnight auction

China releases its first open-source computer operating system OpenKylin

Developing an operating system independent of U.S. technology has been an important goal for China's tech industry in recent years

Google accuses CCI of ordering changes to its biz model to protect Amazon

In an earlier December filing in a lower tribunal, Google said CCI officers had "copypasted" parts of a European ruling against the U.S. firm in a similar case. CCI denied the accusation

TCS plans to upskill 25,000 engineers on Microsoft's Azure Open AI

The company also launched its new Generative AI Enterprise adoption offering for clients, making a bet on the rapidly growing artificial intelligence space

Export of steel, iron ore, cement likely to be hit by EU carbon tax: FinMin

India's merchandise trade deficit rose faster-than-expected in May to $22.12 billion, up from $15.24 billion in April, due to reduced demand for Indian exports from developed countries

Rice prices set to rally further as weather threatens producers' yields

Rice is a staple for more than 3 billion people and nearly 90% of the water-intensive crop is produced in Asia, where the El Nino weather pattern usually brings lower rainfall

Indian state-run banks to be cautious buyers of govt bonds as yields rise

Bond yields started rising after the Reserve Bank of India's June monetary policy decision pushed out hopes of a rate cut to February, with many participants expecting one only next financial year

Marico expects June quarter revenue drop on sluggish rural demand

Rural consumers typically make up about two-thirds of consumer goods makers' sales, according to Bengaluru, Karnataka-based Bizom, which tracks retail industry trends