Page 777 - Reuters

Govt plans tax waivers for IDBI Bank buyer to attract more suitors: Report

The government's planned tax waiver will allow a potential buyer to avoid this levy

China's withdrawal of Covid curbs could lead to over 2 mn deaths: Experts

New analyses by various modelling groups predict the reopening could result in as many as 2.1 million deaths

Cryptoverse: Bidding adieu to 2022, the year that broke bitcoin by 60%

Crypto funds have seen net inflows of $498 million in 2022, versus $9.1 billion in 2021

Bill Gates upbeat on climate innovation even if 1.5 deg C goal out of reach

Given "the overall scale of our industrial economy, we're going to have to do mind-blowing work to stay below 2 degrees," he said

Centre set to offer wheat to millers, biscuit makers to tame prices: Report

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output

Crypto firm Voyager to sell assets to Binance US in $1 billion deal

Nearly $2 trillion in value has been wiped out from the crypto sector this year on rising interest rates and exacerbating worries of an economic downturn

Mondelez to sell gum business in developed markets for $1.35 billion

The company said it will continue to operate its gum business outside the United States, Canada and Europe

Chinese business confidence falls to lowest in almost a decade on Covid-19

The index fell to 48.1 in December from 51.8 in November, showed the World Economics' survey of sales managers at over 2,300 companies conducted Dec. 1-16

Yes Bank completes transfer of $5.81 bn worth bad loans to JC Flowers

Yes Bank's gross bad loan ratio edged down to 12.89% at the end of the Sept quarter from 13.45% at the end of June

India set to offer wheat to flour millers, biscuit makers to tame prices

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output

India eyes quality control measures for rubber, cement industries: Report

India aims to implement quality control measures for the light engineering, rubber, cement and concrete building materials industry by next year, a government source said

Recovery in Asia M&A, stuck at 8-year-lows, rests on macro conditions

Deals are set to revive slowly as companies and funds watch out for easier macroeconomic conditions, they said. Hopes that Chinese companies will return to the market have strengthened

Festivity on hold for Asian stocks as prospect of rate hikes beckon

Japan is set to tweak its 2% inflation targeting policy, possibly giving the central bank more wiggle room

Oil prices climb on account of optimism over China's demand recovery

Brent crude futures rose 72 cents, or 0.9%, to $79.76 a barrel by 0103 GMT while U.S. West Texas Intermediate crude was at $74.89 a barrel, up 60 cents, or 0.8%

Banks reluctant to lend to e-bus makers on concerns of recovery of dues

Lack of funding is limiting the ability of e-bus makers to participate in federal govt tenders to supply to states, the sources told, threatening to slow the electrification of major public transport

CCI raids some steel firms for alleged price collusion, says report

In all around eight to nine offices of steel companies were searched, though names of other firms raided were not immediately clear

Britain's Labour Party works to become 'the party of business'

"They're asking a lot of questions," one large international investor in Britain said

Russia fires 70 missiles in one of its biggest blitz on Ukraine: Report

Either we'll win the war or world would be destroyed: Putin's key aide

India to remain top buyer of Russia's Urals crude in Dec, says report

India is taking most of Russia's Urals crude oil loading in December as it remains top buyer for a second month in a row, according to traders and Refinitiv data

Air India jumbo order includes 190 Boeing MAX, 30 787s, say sources

The deal is also expected to include an unspecified number of Boeing 777X long-range jets, according to sources