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Global airlines to address trade war, net-zero risks at annual summit

More people are flying than ever before after a full post-pandemic passenger market recovery, but airlines globally are facing rising cost pressures

India's GDP growth likely accelerated in Q4 on rural demand, state spending

Rural consumption improved during the quarter, while urban demand indicators remained mixed

Trump's tariffs to remain in effect after appeals court grants stay

Wednesday's surprise ruling by the US Court of International Trade had threatened to kill or at least delay the imposition of Trump's so-called Liberation Day tariffs on imports

Boeing targets year-end certification for 737 MAX 7 and MAX 10 jets: CEO

Ortberg also said in the Aviation Week interview that Boeing was making progress on certifying the 777-9, the company's largest jetliner in production

Asia's jet fuel exports to US West Coast to hit 1-year high in May

The surge in imports comes at the start of the American summer travel season, potentially impacting travel costs and highlighting the vulnerabilities of US West Coast supply

Adani Ports' bond sale draws LIC interest on India market return: Report

The bonds were issued at the lowest spread over the corresponding government bond yield in the last seven years

RBI's net income rises 27.5% to ₹2.69 trillion in FY25 on forex gains

The size of the RBI's balance sheet increased by 8.2 per cent to Rs 76.25 trillion

RBI to cut rates by 25 bps on June 6, then once more in August: Poll

Rates could drop more than what economists are currently expecting if a trade deal with the US fails to materialise

Samsung India executives seek to quash $81 million penalty over tax evasion

The Indian tax authority in January found Samsung and its executives evaded tariffs by misclassifying imports of key mobile tower equipment from 2018 to 2021

Healthcare site Practo aims to double international revenue in 3 years: CEO

The company, which achieved profitability in the March 2024 quarter, was valued at $418 million as of April 2022, according to data from market intelligence platform Tracxn

'Adani Ports planning return to local debt market after 17 months hiatus'

The company is set to raise as much as Rs 5,000 crore ($583.57 million) through the sale of bonds maturing in 15 years

US-based Guidewire Software planning to double India headcount in 3 yrs

The planned expansion will see India representing nearly a quarter of the company's global workforce

Asian shares extend rally as strong US data, tech hopes lift sentiment

Markets welcomed what appeared to be easing trade frictions between the US and Europe while global bond markets settled down after a scary surge in long-term yields

Oil prices inch up as US bans Chevron from exporting Venezuelan crude

The Trump administration has issued a new authorisation for US major Chevron that would allow it to keep assets in Venezuela but not to export oil or expand its activities

EU countries agree to exempt most firms from carbon border tariff

Their approval makes it highly likely that the EU will exempt most of the 200,000 importers who were initially set to face the world's first carbon border tariff, due to take effect next year

Ukraine revamps minerals sector, eyes billions in investment from US deal

Ecology Minister Svitlana Hrynchuk told Reuters in an interview that Ukraine hoped the fund would significantly increase the mineral industry's potential, noting extraction was a capital-intensive

Nifty pulls back after breaching 25K barrier; Sensex ends 625 points lower

The Nifty 50 ended 0.7 per cent, or 175 points, lower at 24,826, while the Sensex fell 0.76 per cent, or 625 points, to close at 81,551.63

Salesforce to buy Informatica for $8 billion to bolster AI data tools

The cloud-software giant is returning to big-ticket M&A after years on the sidelines, driven by scrutiny from activist investors pressing for better profitability

Steel ministry backs extension of import curbs on metallurgical coke

India, the world's second-largest crude steel producer, imposed quantitative restrictions in December on imports of low-ash met coke

India to restore tax refund benefits for exporters from June to boost trade

The benefits under the Remission of Duties and Taxes on Exported Products were introduced on January 1, 2021, but ended on February 5 this year