Page 783 - Reuters

After FTX collapse, pressure for tougher crypto rules to protect meltdown

Policymakers have for years highlighted the need for effective rules on the crypto industry, pointing to risks to consumers after a string of big market crashes and corporate failures

Chip shortage to cause bigger hit to Dec production: Maruti Suzuki India

Maruti Suzuki India Ltd, the country's top carmaker, said on Friday it expected a shortage of electronic components to impact its production in December more than in recent months

India G20 presidency 2023: What does it mean and what can we expect

G20 currently comprises 19 countries cutting across continents and the European Union, representing around 85% of the world's GDP

Maruti Suzuki plans price hike in Jan due to inflation-led cost pressure

Maruti Suzuki said the price hike would vary across models

Rupee premiums close to bottoming, RBI key moving part, says report

The 1-year rupee overnight index swaps declined about 30 bps in November, helped by a better inflation outlook domestically

Gold slips, set for best week in three on smaller Fed rate-hike bets

Gold prices have risen about 2.3% this week in what would be their second straight weekly gain

Rupee gains as dollar slides on US data backing slower rate hikes

The Indian rupee rose on Friday, but gains were capped due to dollar demand amid a slump in the greenback

Reliance makes rare buy of Russian naphtha, ups fuel oil imports: Data

India imported about 410,000 tonnes of naphtha, used for making petrochemicals, in Sept-Oct, the Refinitiv data showed

Oil prices edge higher on easing China curbs, firm dollar limits gains

China is set to announce an easing of its Covid-19 quarantine protocols in coming days and a reduction in mass testing

US Dollar wobbles to 16-week lows as inflation ebbs, eye on jobs data

The dollar index/, which measures the currency against six major peers including the yen and euro, rose 0.191% at 104.840

US House gets access to Trump's tax returns after years-long fight

The Ways and Means Committee obtained the tax returns following a Supreme Court decision clearing their release

SoftBank plans to sell 5% stake in PB Fintech via block deal: Report

The block deal on Friday could be at a base price of 440 rupees per share, CNBC-TV18 said in a tweet. PB Fintech's shares closed at 461 rupees on Thursday

Wall Street slides after manufacturing data, salesforce tumbles; Dow falls

"Yesterday's move was so crazy large, this is probably just some natural profit taking," Rusty Vanneman, chief investment strategist at Orion Advisor Solutions, said

Essar Group plans $4.9 billion petrochemical complex in Odisha

India's Essar Group plans to set up a 400 billion rupee ($4.92 billion) petrochemical complex in the eastern state of Odisha in a tie-up with a global player, it said in a statement on Thursday

Economy likely to grow 6.5%-7% next fiscal year, says Sanjeev Sanyal

Global agencies such as the International Monetary Fund and the World bank, for instance, have forecast India's growth will be 6.1% and 6.0%, respectively, next fiscal

Global factory activity shrank in November but price pressures ease

While the surveys indicated that factories in the euro zone still face a harsh winter it may not be as bad as initially feared and there were signs rampant inflationary pressures were abating

HDFC Bank completes mega bond issuance amid strong demand: Analysts

The private lender raised 150 billion rupees ($1.85 billion) through 10-year Tier-II bonds at an annual coupon of 7.86%, for which it had received bids worth 240.80 billion rupees

e-Rupee: India's digital currency fails to excite interest, say bankers

Seven bankers told Reuters that using the e-rupee of the Reserve Bank of India (RBI) was much the same as internet-based banking that users were already satisfied with

India to offer slew of incentives to boost shipbuilding industry: Report

The plans include subsidies so that at least 50 new vessels can be built as well as the granting of "infrastructure status" to the industry which would help with financing from banks, said the govt

Oil rises ahead of OPEC+ meeting, easing China Covid curbs lend support

"Oil is finding support on investor optimism that OPEC+ will deliver further cuts in production when they meet," said Ehsan Khoman, analyst at MUFG Bank, in a report