Page 853 - Reuters

From NTPC to banks, India Inc make a dash for debt as yields plateau

Large state-run companies such as Power Finance Corp and NTPC raised funds recently, while REC and Indian Oil Corp are expected to tap the market by next week

Tesla shares in the limelight as 3-1 stock split kicks in

Tesla's shares have fallen about 11% since the company announced in March plans to increase its number of shares and are trading nearly flat so far this month

Gold inches higher as dollar softens ahead of Jerome Powell's speech

Gold prices edged higher as the dollar slipped, while investors looked forward to a speech by U.S. Federal Reserve Chair Jerome Powell at the Jackson Hole symposium for clues on interest rate hikes

Gold hits one-week high as dollar dips; Jackson Hole symposium in focus

Rate hikes increase the opportunity cost of holding bullion, which pays no interest, while boosting the greenback

India's robust growth gives RBI room for more rate hikes, says DBS Group

India's strong growth offers room for the Reserve Bank of India to raise rates by another 60 basis points as the central bank seeks to stamp out high inflation, said DBS Group Research

Top refiner Indian Oil Corp to spend $25 bn for 2046 net-zero goal

The company plans to invest more than $25 billion to achieve net-zero emissions from its operations by 2046, its chairman SM Vaidya said at an annual shareholders meeting

Twitter staff exodus accelerates amid Musk battle, attrition hits 18.3%

Twitter Chief Executive Parag Agrawal moved to reassure employees on Wednesday that Zatko's accusations were foundationally, technically and historically inaccurate

Tinder owner Match ups CCI pressure on Apple in India with new case: Report

Match accuses Apple of 'monopolistic conduct' that forces developers to pay high commissions for in-app purchases; Match case has been clubbed with ongoing Apple probes, say sources

Joe Biden marks Ukraine Independence Day with $3-bn military package

The Pentagon said the new package would include 6 additional surface-to-air missile systems known as NASAMS, 24 counter-artillery radars, Puma drones, along with counter-drone systems known as VAMPIRE

Twitter CEO tells staff whistleblower's claims are 'inaccurate' at meeting

Twitter General Counsel Sean Edgett also told employees the company reached out to various agencies around the world before the news broke.

Thailand PM Prayuth Chan-ocha suspended from office amid term-limit row

The petition was filed to parliament last week by the main opposition Pheu Thai party

Peloton taps Amazon to boost US sales of exercise bikes, accessories

The news sent the battered shares of the fitness equipment maker up 18.4% in afternoon trading on Wednesday, putting them on course for their best day since February

Chilean govt plans to cut working hours to 40/week within 5 years

The bill, which aims to reduce the working week from 45 to 40 hours within five years, has stalled in Congress since it was introduced in 2017

Biden student loan forgiveness impacts millions, raises inflation questions

Canceling the debt will free up hundreds of billions of dollars for new consumer spending that could be aimed at homebuying, according to economists

Growth stocks lift Wall Street, all eyes on Jackson Hole; Tesla rises

Tesla rises ahead of stock split; Nordstrom dives after cutting profit forecast; Intuit gains on upbeat revenue forecast, Q4 results

Apple sends invites for Sept 7 event, analysts expect new iPhones

This is a week earlier than the US tech giant traditionally holds its fall event

Mercedes set to lead India's luxury EV market as Tesla stays out

"Now, we are really starting our aggressive offensive into the EV market. In the next five years, 25% of our sales (in India) will be electric," Martin Schwenk said.

Ukraine says Russian 'shackles' worse than missiles 6 months after invasion

President Volodymyr Zelensky defiant, warns of 'brutal strikes' by Russia; UN nuclear agency could visit Ukraine plant in days By Tom Balmforth

High commodity prices to keep rupee under pressure: BofA Securities

"India has continued to post wide trade deficits due to higher prices of oil and other commodities, which have eroded INR's basic balance buffer," the research house said.

Gold range-bound as investors wait for Fed chair's speech at Jackson Hole

Spot gold rose 0.2% to $1,751.16 per ounce by 0854 GMT, trading in a $9 range. It advanced 0.7% in the previous session. U.S. gold futures rose 0.1% to $1,763.60.