Page 793 - Reuters

India's forex reserves rise at fastest pace since August 2021: RBI data

For the current week, the local currency gave back some of those gains to end down 1.1% at 81.6850 per dollar

Banks' loans rose 17% Y-o-Y in two weeks to Nov 4, deposits up 8.2%: RBI

Bank deposits rose Rs 1.69 trillion to Rs 173.70 trillion in the two weeks to Nov 4

Axis Bank bets on MSMEs, working capital loans to boost credit growth

The lender is seeing demand for capex growth, apart from working capital, an indicator that investments are picking up

Govt had no outstanding loans from RBI in Nov 11 week: Supplement release

The central government had no outstanding loans in the week earlier as well

RBI sold net $10.36 bn in spot foreign exchange market in Sept: Bulletin

The RBI said it bought $23.27 billion and sold $33.62 billion in the spot market

Tesla recalls about 30,000 Model X cars over front passenger airbag issue

The problem will be fixed through an over-the-air software update, the company said

India's economy to grow between 6.1% and 6.3% in Q2, says RBI bulletin

Data for the July-September quarter will be released at the end of this month

India proposes easier cross-border data transfers under new privacy law

India has defended stricter regulations citing the need to safeguard users' interests in a country that has more than 760 million internet users

North Korea fires intercontinental ballistic missile, lands near Japan

Japanese Prime Minister Fumio Kishida said there had been no reports of damage but the North's repeated missile launches could not be tolerated.

Dollar gains, stocks slip after hawkish remarks from US Fed officials

US data showed unemployment benefits claims fell last week, indicating the labor market is still tight

Oil prices fall on worries of US rate hikes, China demand outlook

Brent crude fell $3.08 to settle at $89.78 a barrel, down 3.3%. U.S. West Texas Intermediate (WTI) crude slid $3.95, or 4.6%, to settle at $81.64 per barrel.

Elon Musk floats possibility of someone succeeding him at Tesla

Murdoch, who did not name the potential successor, was testifying in a trial over Musk's 2018 Tesla pay package

US Federal Reserve open to 50-bp hike at December policy meeting

"It is way too early to conclude that inflation is headed sustainably down," Christopher Waller, US Federal Reserve Governor

Britain is in recession, Hunt makes it official; windfall tax hiked to 35%

The tax burden would hit 37.1 per cent of GDP, its highest sustained level since World War Two

Bharti Telecom plans to tap bond market to raise Rs 7,000 crore

The telecom operator, which holds a stake in Bharti Airtel, plans to raise funds in three tranches and has invited bids from investors on Friday

Dollar bounces as US economy sends mixed signals; sterling slips

The euro was down 0.33% against the dollar at $1.036 at 1045 GMT, after hitting its highest level since July at $1.048 on Tuesday

Gold prices retreat as dollar steadies, focus stays on US Fed rate hikes

But gold could drift higher into year-end if the dollar remains weak overall and yields continue to drift lower

SoftBank sells 4.5% stake in Paytm for $200 million, says report

SoftBank's sale of 29.35 million shares at that price amounts to a total consideration of $200 million, according to Reuters calculations

US dollar gains as spending points to rate hikes; Aussie tumbles

U.S. data overnight showed October retail sales rose 1.3%, compared with economist expectations for 1.0%, a healthy signal but one that dented hopes for a pause in rate increases

Asian stocks mixed, dollar finds footing as traders assess Fed outlook

Renewed expectations the Fed will keep hiking rates have increased concerns about the economic outlook