Page 781 - Reuters

Centre seeks private sector professional to be first chief executive of LIC

LIC is now headed by a chairman but that post will be scrapped when the term of the present incumbent ends in March

Twitter to hike Blue subscription price to $11 for iPhone app users: Report

The move was likely a pushback against Apple Inc's 30% cut on any payments made by users via apps on the iOS operating system, the report said

US dollar struggles as recession worries simmer, bets on slower rate hike

The yuan hovered near an almost three-month high after China revealed a loosening of stifling COVID restrictions

Work on Adani's Vizhinjam port to resume after fishermen suspend protests

Fisherfolk camped in a makeshift shelter at Vizhinjam, in the state of Kerala since September, have blocked vehicles and halted work on a project they blame for coastal erosion

India to build more nuclear power plants to boost clean energy production

India plans to build more nuclear power plants to increase the production of clean energy, the government said on Wednesday.

Oil falls close to 2022 lows on economic worries, easing supply fears

Brent crude fell $1.05, or 1.3%, to $78.30 a barrel by 1020 GMT. It touched $77.74 earlier, the lowest since Jan. 3. U.S. crude was down $1.24 or 1.7% to $73.01 and touched $72.25

Stocks sputter as growth fears offset China's shift in Zero-Covid policy

World stocks eased on Wednesday and bonds remained supported after a chorus of Wall Street bankers warned about a likely recession ahead

Foodgrain subsidy bill to surge 30% to $33 billion this year: Report

India's spending on subsidised foodgrain to the poor may rise to 2.7 trillion rupees ($32.74 billion) this fiscal year, as the govt continues to provide support to the poor at least until December

India to step up gas imports to address summer power demand: Report

India has asked state-run firms to increase imports of natural gas in anticipation of higher power demand next summer

India's April-Nov finished steel exports fall 55% YoY on low demand: Report

India's finished steel exports more than halved during the first eight months of the current fiscal year that began in April, according to the latest government data reviewed by Reuters

India asks Google to stop displaying online betting, surrogate ads

The letter sent last week to Alphabet Inc's Google India asked the company to immediately drop all advertising, direct or surrogate, from betting platforms like Fairplay, PariMatch

Oil prices open mixed in early trade on economic fears, rate-hike prospects

Brent crude futures rose 17 cents, or 0.2%, at 0107 GMT to $79.52 a barrel. Last session the benchmark fell below $80 for the second time in 2022

US dollar edges up as darkening growth, recession outlook hurts sentiment

The greenback rose 0.16% overnight against the Japanese yen, but erased some of those gains in early Asia trade and fell 0.04% to 136.97 yen

RBI set to raise rates today; outlook on growth, inflation in focus

The RBI's outlook, which will accompany the rates decision, will be an important pointer to future policy moves, said economists

Russian oil price cap evolves from revenue squeeze to market anchor: Report

Russia said the cap would not hurt the financing of its "special military operation" in Ukraine

EasyJet averts cabin crew strike in France as it clinches deal with unions

Concession highlights continued pressure on easyJet and airlines to agree better terms and wages to retain staff and avert more labour strife after months of disruption since the end of Covid lockdown

Trade restrictions are increasing, especially on food, says WTO

The World Trade Organization said in a report on Tuesday that countries were introducing trade restrictions at an increased pace, particularly on food, feed and fertilisers

Elon Musk's brain-implant firm under probe after 1,500 animal deaths

Neuralink is developing a brain implant it hopes will help paralyzed people walk again and cure other neurological ailments

Google subsidiary launches new anti-misinformation campaign in India

Indian government officials have called on tech companies such as Google, Meta, and Twitter to take stronger action against the spread of fake news

India better placed than emerging nations to face headwinds: World Bank

Asia's third-largest economy, which expanded 6.3% in the July-September quarter, is estimated to grow 6.8-7% in the current 2022/23 fiscal year