 "Reuters")
Reuters
Reuters
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
The news and media division of Thomson Reuters is one of the world's largest international multimedia news providers
Page 1032 - Reuters
India's October power supply deficit worst since March 2016
The October shortfall was already the biggest in absolute terms for a single month since November 2018, even with 19 days of October still left.
 "India's October power supply deficit worst since March 2016")
Amazon rigged search results to promote its own products in India: Report
Thousands of pages of internal Amazon documents examined by Reuters show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines
 "Amazon rigged search results to promote its own products in India: Report")
Fed up with traffic jams? Flying taxis to take to the sky in mid-2020s
A taxi landing on top of your office may soon become reality, says UK's Vertical Aerospace
 "Fed up with traffic jams? Flying taxis to take to the sky in mid-2020s")
OPEC trims 2021 demand forecast but says gas price surge could help
Opec now expects oil demand to grow by 5.82 million barrels per day, down from 5.96 million bpd in its previous forecast
 "OPEC trims 2021 demand forecast but says gas price surge could help")
Members to reach $100-bn target for shifting reserves, says IMF chief
The IMF chief said the fund was putting in place measures to increase transparency about the use of any SDRs.
 "Members to reach $100-bn target for shifting reserves, says IMF chief")
India's September fuel demand steady, rising oil prices cloud outlook
Fuel consumption, a proxy for oil demand, totalled 15.92 million tonnes last month, up slightly from August and 5.2% higher than in September 2020, data on PPAC website showed
 "India's September fuel demand steady, rising oil prices cloud outlook")
Wall Street: Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow Jones
JPMorgan falls, BlackRock gains on strong Q3 earnings; Apple falls after report of lower iPhone production
 "Wall Street: Tech stocks lift Nasdaq, banks weigh on S&P 500, Dow Jones")
India resumes Covid vaccine exports as domestic stocks build up: Officials
One million shots of Covaxin produced by Indian company Bharat Biotech were shipped to Iran last week
 "India resumes Covid vaccine exports as domestic stocks build up: Officials")
Oil prices fall on fears faltering economic growth to hit demand
Brent crude futures were down 76 cents, or 0.9%, at $82.66 a barrel at 1406 GMT. US West Texas Intermediate (WTI) crude futures fell 80 cents or 0.9% to $79.84 a barrel.
 "Oil prices fall on fears faltering economic growth to hit demand")
Dollar trades near one-year high after inflation data; Fed minutes on tap
The Fed will release the minutes from its meeting last month later on Wednesday, potentially providing a catalyst for more strength in the dollar
 "Dollar trades near one-year high after inflation data; Fed minutes on tap")
India's fuel demand increased 5.2% YoY in September
Sales of gasoline, or petrol, were 6% higher from a year earlier at 2.60 million tonnes
 "India's fuel demand increased 5.2% YoY in September")
India cuts base import tax on crude vegetable oil imports to zero % -govt
India on Wednesday slashed its base import tax on crude palm oil, crude soyoil and crude sunflower oil to zero from 2.5%
 "India cuts base import tax on crude vegetable oil imports to zero % -govt")
World stocks soft before US CPI, oil prices near multi-year highs
European stocks fell 0.4% and are nearly 5% below their August peak. UK stocks dropped 0.4%.
 "World stocks soft before US CPI, oil prices near multi-year highs")
IndiGo sees Tata as 'formidable competition' after Air India deal
Tata also owns a majority stake in Vistara, a premium joint venture with Singapore Airlines Ltd, as well as budget airline AirAsia India.
 "IndiGo sees Tata as 'formidable competition' after Air India deal")
Indian shares hit record highs as Tata Motors soars on EV plans
Indian shares hit record highs on Wednesday as Tata Motors soared on plans to boost electric-vehicle investments
 "Indian shares hit record highs as Tata Motors soars on EV plans")
Invesco denies allegations it tried to hurt Zee shareholder interests
Invesco denied allegations from Zee that the US investment firm pitched a merger with another group that would have hurt shareholder interests before opposing the TV group's potential deal with Sony
 "Invesco denies allegations it tried to hurt Zee shareholder interests")
Indian airline stocks soar as government allows full flight capacity
Shares of Indian airline operators jumped on Wednesday after the country's civil aviation ministry allowed domestic flights to fly at full capacity from October 18
 "Indian airline stocks soar as government allows full flight capacity")
ONGC sells Dec Russian Sokol crude at highest premium since Jan 2020
Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude loading in December at the highest premium since January 2020
 "ONGC sells Dec Russian Sokol crude at highest premium since Jan 2020")
Oil falls amid worries that inflation may dent fuel demand growth
A strong U.S. dollar NSE 0.83 %, trading near a one-year high, also weighed on oil prices, as it makes oil more expensive for those holding other currencies
Dollar holds near one-year high amid bets for earlier Fed rate hike
The dollar held near a one-year high versus major peers on Wednesday, amid rising expectations the Federal Reserve will announce a tapering of stimulus next month
 "Dollar holds near one-year high amid bets for earlier Fed rate hike")