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China plans over $143 bn push to boost domestic chips, compete with US

Beijing plans to roll out one of its biggest fiscal incentive packages over five years, mainly as subsidies and tax credits to bolster semiconductor production

Tata Motors to hike commercial vehicle prices by up to 2% from January

Tata Motors Ltd said it would increase prices of its commercial vehicles by up to 2% from January to partly offset a steep rise in input costs

Real rates turn positive as inflation eases; peak in sight: Report

India's real interest rate has turned positive after headline retail inflation eased below 6% for the first time this year, analysts said, suggesting that the peak policy rate is now close

Robots now set their sights on a new job: Sewing your blue jeans

The idea of using robots to bring more manufacturing back from overseas gained momentum during the pandemic as snarled supply chains highlighted the risks of relying on distant factories

Kabul hotel frequented by Chinese attacked; three gunmen killed

Two foreigners were injured while trying to escape by jumping from the hotel balcony, Taliban spokesman Zabihullah Mujahid wrote on Twitter

Too good to be bad, too risky to be good: Economy has Fed in a fix

Financial markets and professional forecasters seem braced for the latter

Higher output could boost Coal India's spot sales, says Pramod Agrawal

"I think in the first half, we have done a little over 30 million tonnes. In the next half, our e-auction sales may go up to 40 million tonnes," Chairman Pramod Agrawal said

India's Nov retail inflation eases below 6% for the first time this year

India's annual retail inflation eased below its central bank's upper tolerance level for first time this year in November, on the back of softer rise in food prices, easing pressure on policymakers

India gold seizures hit three-year high after import duty increase

This was the largest amount since 2019, when 3,673 kilograms of gold was seized

Abu Dhabi Investment Authority to invest nearly $400 million in Lenskart

ADIA in advanced talks with Lenskart for an investment of up to $350 million to $400 million

Japan's wholesale inflation near steady at 9.3% as commodity prices ease

Japan's November wholesale prices rose 9.3% from a year earlier, data showed, a rate of increase that was almost unchanged from the previous month and showed initial signs of an inflation peak

Asian shares fall, dollar firms ahead of central bank rate hikes

Asian shares fell while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the US Federal Reserve, the European Central Bank and others

Oil rises on uncertainty over Keystone pipeline restart, Russian supplies

Oil prices rose more than 1% in early Asian trade on Monday as a key Canada-United States crude pipeline stayed shut

Rupee, bond yields to move in narrow range, with focus on Fed meeting

By Anushka Trivedi and Siddhi Nayak

Air India nears historic order for up to 500 jets from Airbus and Boeing

The orders include as many as 400 narrow-body jets and 100 or more wide-bodies, including dozens of Airbus A350s and Boeing 787s and 777s, industry sources say.

Beijing's Covid gloom deepens as China relaxes curbs after protests

Anecdotal evidence suggests that many businesses have been forced to close as infected workers quarantine at home while many other people are deciding not to go out

India Nov thermal coal imports at 9-month low as local output soars

India's thermal coal imports fell to the lowest levels in 9 months during November, data from consultancy Coalmint showed, mainly due to a rise in domestic coal production

Air India close to signing deal for 150 Boeing 737 Max jets: Report

Boeing's last mega order in India came in 2021 when low-cost airline Akasa struck a deal to buy 72 737 MAX jets, valued at nearly $9 billion at list prices

Fifa WC: France wary of England's pace, set-piece threat in quarter-final

The teams have not met at a major tournament since they drew in the group stage of Euro 2012 but the focus has very much been on the game between two countries that share a sporting rivalry

Fuel demand in India hits eight-month peak in November amid festivals

Consumption of fuel, a proxy for oil demand, was 2.4% higher than the previous month, and rose 10.2% year-on-year to 18.84 million tonnes in November, according to the data