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Dozens feared dead after Ukraine school bombing; Biden meets G7 leaders

Putin says 'victory will be ours, as in 1945'; US sanctions Russian TV stations

Canara Bank probes fraud in unit after whistleblower complaint: Report

The whistleblower letter, sent at the end of December and also addressed to Reserve Bank of India and the National Housing Bank, said there were irregularities at one of the branches

India's crude imports rise 4.2% to 19.03 mn ton in March on demand recovery

India's fuel demand had scaled a three-year peak in March, with petrol sales hitting an all-time high, as demand rose and the market built up supplies ahead of expected price increases

US dollar touches 20-year high as markets shun risk over US Fed rate hike

The dollar has risen for five straight weeks as U.S. Treasury yields have climbed on expectations the Fed will be aggressive in attempting to tamp down inflation

Indian inflation likely accelerated to an 18-month high in April: Report

Food inflation, which accounts for nearly half the consumer price index (CPI) basket, reached a multi-month high in March

Oil prices tumble over 1% on global economic worries, strong dollar

The fall in oil prices reflected trends in global financial markets as investors shed riskier assets on worries about higher interest rates and their impact on economic growth.

Oil prices, equities tumbles about 6% as China Covid lockdowns weigh

Global financial markets have been spooked by concerns over interest hikes and recession worries as tighter and wider Covid lockdowns in China led to slower export growth in the country in April

JSW Group to make $7 bn bid for Holcim's India cement business: Report

The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability

Marcos, son of strongman, poised for Philippines election triumph

The count makes almost certain a previously unthinkable return to power of the Marcos family, 36 years after its humiliating retreat into exile

Uber Technologies to cut costs and slow down hiring, CEO tells staff

The ride-hailing company becomes the latest to rein in costs to have a lean investment model, after Facebook-owner Meta Platforms Inc

Bitcoin falls to 22-month low of $31,763 as stock markets tumble

Bitcoin dropped to as low as $32,763.16 shortly before 1100 GMT, in its fifth consecutive session of falling.

Pakistan stock mkt tumbles as investors fret about unclear economic policy

The Pakistan Stock Exchange 100 index dropped by 1,447.67 points, or 3.23 per cent, to 43,393.14, its lowest since March 22

Germany prepares crisis plan for abrupt end to Russian gas: Report

The preparations being led by the Ministry for Economic Affairs show the heightened state of alert about supplies of the gas that powers Europe's biggest economy

S&P 500 hits one-year low as higher bond yields pressure growth stocks

Dow Jones Industrial Average was down 486.39 points, or 1.48%, at 32,412.98 and the Nasdaq Composite was down 373.29 points, or 3.07%, at 11,771.38

Carlyle to acquire NSM Insurance from White Mountains in $1.78 billion deal

The transaction is expected to add $280 per share to White Mountains' adjusted book value

Putin seeks expert group on trade payments with allies, 'unfriendly' states

The group will look into payment terms in roubles and other national currencies with India and other Russian partners, although countries were not named.

Charisma and controversy: Sri Lanka PM Mahinda Rajapaksa heads for exit

In a statement, his office said he was quitting in order to help form an interim, unity government, following weeks of sometimes violent protests across the country over shortages of fuel and other

Govt asks RBI to lower bond yields as inflation risks spiral: Report

The government's request could complicate the RBI's policy of withdrawing liquidity from the market, which marks a shift away from an ultra-loose monetary stance.

Putin channels victory over Hitler to spur Russian army in Ukraine

He was addressing Russia on one of its most important annual holidays, when the nation honours the 27 million Soviet citizens who lost their lives in the struggle to defeat Adolf Hitler

Dollar hits 20-yr-high amid rising US rates, Ukraine war, China's lockdown

The dollar's gains were set against sliding stockmarkets and sent it ahead against other havens, commodity currencies and emerging market currencies alike