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Google says India antitrust ruling to drive up costs for app developers

Alphabet Inc's Google said that India's new antitrust order to change how the company markets its Android platform will drive up costs for app developers, equipment makers, and consequently, consumers

India lets banks use face recognition, iris scan for transactions: Rpts

The Indian government is allowing banks to verify individual transactions that exceed a certain annual limit using facial recognition and an iris scan in some cases, in a bid to reduce fraud

China's trade tumbles sharply in Dec, clouds 2023 growth outlook

Exports contracted 9.9 per cent year on year in December, extending a 8.7 per cent drop in November

Gold at over eight-month high on slower US Fed rate-hike prospects

Data on Thursday showed that US consumer prices fell for the first time in more than 2-1/2 years in December

ED alleges France's Pernod violated Delhi city rules to boost market share

Pernod Ricard violated the liquor policy of India's capital city by financially supporting retailers who in exchange stocked more of the French company's brands and boosted its market share, ED said

Wholesale passenger vehicle volume up on UV demand: Siam

However, FADA had warned that retail sales could be hit in the current quarter, with stricter fuel efficiency norms aimed at reducing carbon emissions set to come into effect from April this year

$58 bn investment in E&P; Chevron, Exxon, Total keen on India: Hardeep Puri

Global energy majors Chevron Corp, Exxon Mobil Corp and TotalEnergies are interested in investing in India's oil, gas exploration and production sector, said India's oil minister, Hardeep Singh Puri

Yen jumps as markets test Bank of Japan, inflation retreat lifts stocks

A wave of emergency BOJ buying later reined the yield back in, but markets remained jumpy

China demand growth optimism sets oil on track for strong weekly gain

A weaker greenback tends to boost demand for oil, as it makes the commodity cheaper for buyers holding other currencies

Gold scales 9-month high above key $1,900 level; highest since late April

Lower interest rates tend to be beneficial for bullion as they decrease the opportunity cost of holding the non-yielding asset

After founders Roys, some more senior executives of NDTV step down

NDTV made several failed times to block the takeover, citing regulatory restrictions on moving shares

India to seek easing of EU steel quotas, tarrifs in trade talks

New Delhi last month slapped anti-dumping import duties on stainless steel seamless tubes and pipe imports from China

Indian gold prices hit record high, dampening demand, say dealers

Local gold futures rose to 56,245 rupees ($691.45) per 10 grams, surpassing the previous record of 56,191 rupees hit in August 2020

India sets targets for green hydrogen consumption by some industries

Green hydrogen is a zero-carbon fuel made by electrolysis, using renewable power from wind and solar to split water into hydrogen and oxygen

Rupee rises after benign U.S. inflation print, forward premiums jump

The Indian rupee rose against the dollar on Friday following another fall in the U.S. inflation rate, while forward premiums rose to their highest level in two months

Rupee to open higher on Friday as data boosts smaller Fed rate-hike bets

The rupee was likely to be around 81.20-81.30 per dollar in early trades, compared to 81.55 in the previous session

Dollar wobbles as US inflation fuels hopes of slower Fed rate path

The dollar index, which measures the U.S. currency against six others, rose 0.059% to 102.220 but was languishing around its lowest level since June

Oil prices head for solid weekly gain of 6% on China demand hopes

Brent crude futures fell 17 cents, or 0.2%, to $83.86 a barrel by 0119 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 12 cents, or 0.2%, to $78.27

Tata eyes India, Europe for EV cell manufacturing; plans 10 new models

Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit said

IMF chief expects to keep 2023 global growth forecast steady at 2.7%

IMF Managing Director Kristalina Georgieva said 2023 would be another "tough year" for the global economy, and inflation remained stubborn, but she did not expect another year of successive downgrades