Page 937 - Reuters

Reliance buys 15 mn barrels of Russian oil amid Ukraine war: Report

Western sanctions against Russia since its Ukraine invasion have prompted many oil importers to shun trade with Moscow.

MPC meeting minutes show controlling inflation now RBI's priority

The central bank earlier this month started to move away from its ultra-loose monetary policy.

Oil extends losses on weaker growth concerns and Shanghai lockdown

Ongoing support is provided by supply tightness after disruptions in Libya, which is losing 550,000 barrels per day (bpd) of output

UK allows gas payments to Gazprombank until May 31 to ensure EU supplies

The licence permits an individual or company to continue payments under contracts that began before April 21, 2022 and allows actions such as opening and closing bank accounts to make such payments

Carlos Ghosn 'surprised' by French international arrest warrant

The architect of the Renault-Nissan auto alliance has been fighting multiple probes since fleeing in late 2019 to Lebanon from Japan, where he faced separate financial misconduct allegations

Musk tears up buyout playbook with $46.5 bn Twitter financing

This will have an impact on Musk's returns, since debt secured against an acquired company can greatly amplify profits

Govt plans to raise nearly Rs 30,000 crore through mega LIC IPO

The Indian government has pegged LIC's valuation at around Rs 6 trillion, according to the sources

Dollar stands tall as US Federal Reserve eyes 50-basis-point hike

Federal Reserve Chairman Jerome Powell said on Thursday a 50-basis-point hike was on the table at its next meeting in May

India refiners skip Rosneft crude tenders on 'biased' terms: Reports

Rosneft on Wednesday issued tenders to sell a total of 6.5 million tonnes of Urals, Siberian Light, Sokol and ESPO Blend crude for loading in May-June and had asked for roubles and full prepayments.

Oil edges higher on concerns over Russia, Libya supply disruption

Buyers also reacted to ongoing interruptions in Libya, which is losing more than 550,000 barrels per day of oil output due to blockades at major fields and export terminals

Putin claims victory in Mariupol, US to send more guns and money

Ukraine offers to negotiate with Russia 'without any conditions' in city with 120,000 civilians blocked from leaving

Elon Musk scores hat trick of Tesla compensation goals worth $23 billion

Late last year, Musk netted $16.4 billion from selling about 10 per cent of his stake in Tesla to meet tax withholding obligations related to the exercise of stock options

Wall Street rises on strong earnings from Tesla, airlines; Dow up 250 pts

The world's most valuable automaker jumped 9% after its results beat Wall Street expectations as higher prices helped it overcome supply-chain chaos and rising costs

Tesla CEO Elon Musk secures $46.5 bn in funding to buy Twitter

Elon Musk has secured $46.5 billion in funding to buy Twitter Inc and is considering a tender offer for its shares, a filing with U.S. regulators showed

India keen to boost oil imports from Brazil: Hardeep Singh Puri

India, the world's third biggest oil importer and consumer, is looking at boosting oil purchases from Brazil, oil minister Hardeep Singh Puri said

Putin claims victory in Mariupol, leaving Ukrainian defenders holed up

Putin's declaration of victory lets him claim his first big prize since his forces were driven out of northern Ukraine last month after failing to capture the capital, Kyiv

India to push ahead with six airbags in cars despite resistance: Report

India's road transport ministry is pushing ahead with its decision to require all passenger cars to have six airbags, despite resistance from some carmakers

Oil prices rise as investors focus on lower supply from Russia, Libya

Analysts said market volatility is likely to pick up again soon, with the EU still weighing a ban on Russian oil for its invasion of Ukraine

UK PM Johnson signals visa flexibility with India to win trade deal

Speaking on the plane on his way to India, Johnson signalled he was ready to be more accommodating on an issue that could have stalled the talks.

Top industrial states plan to import 10.5 mn tonnes of coal to beat crisis

The move by India, the world's second largest coal importer, could lead to a further increase in global prices, which are already trading near record highs