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India allows exports of essential goods to Maldives despite strained ties

India, a leading exporter of rice, sugar and onions, has imposed various curbs on exports of these food commodities to keep a lid on local prices ahead of general election

Marico expects revenue growth in Q4 after three quarters of fall, shares up

Consumer goods makers have grappled with subdued sales in rural areas in recent quarters as people cut back spending on both essentials and discretionary items amid price pressures

Byju's 'breached' terms of loan worth $42 mn; stake sale in arm blocked

Byju's was India's biggest startup until 2022 when it was valued at $22 billion, but has seen its fortunes dwindle amid an auditor exit

US policy to change if Netanyahu fails to protect Gaza civilians: Biden

Washington is Israel's top weapons supplier and the Biden administration has mostly provided a diplomatic shield for it at the United Nations

Samsung estimates 10-fold rise in its Q1 profit as chip prices recover

In its mobile business, Samsung likely reported a solid profit after launching sales of its new flagship Galaxy S24 smartphones in late January, analysts said

Adani Wilmar sees double-digit growth in edible oil sales on festive demand

The consumer goods maker said it bagged strong growth in both its edible oils and foods businesses, aided by strong demand during the festival of Holi and ongoing wedding season

Johnson & Johnson to buy equipment maker Shockwave Medical for $12.5 bn

Under the deal, J&J would pay $335 per share in cash for the medical device maker. The offer price implies a 4.7% premium to Shockwave's last close of $319.99 on Thursday

Big Tech cos in race to buy training data for artificial intelligence

Tech giants like Google, Meta and Microsoft-backed OpenAI initially used reams of data scraped from the internet for free to train generative AI models like ChatGPT that can mimic human creativity

Why maintaining ASML equipment is new front in US-China chip war?

ASML dominates the market for lithography tools - huge expensive, complex machines that perform one step in the chipmaking process, helping to create circuitry

Criminal case in US against China's Huawei heads toward 2026 trial

Since 2019, the US has restricted Huawei's access to US technology, accusing the company of activities contrary to US national security, which Huawei denies

Govt to broaden e-rupee distribution beyond banks to boost retail use: RBI

It has now proposed that non-bank payment system operators, which include third-party payment app providers like PhonePe, Google Pay and Paytm, offer the e-rupee through CBDC wallets

Trafigura CFO Salmon to retire in June, Stephan Jansma to take charge

Executive director Jose Maria Larocca also notified the board of his intention to retire at the end of September, Trafigura said

RBI reiterates FX exposure must for rupee exchange derivative transactions

The RBI on Thursday delayed the implementation of its consolidated directions for exchange-traded currency derivatives by a month

China too big to export its way to rapid growth, says Janet Yellen

The International Monetary Fund currently forecasts China's 2024 real GDP growth at 4.6%, falling to 4.1% in 2025

FPI inflows in Indian shares hit 3-month high in March: NSDL data

The Nifty 50 and BSE Sensex rose about 1.6% each last month, as data showing sustained strength in Asia's third-largest economy drove domestic and foreign buying

Moderate slowdown in US job, unemployment rate likely to be unchanged

Economists said this could allow the Fed to let the economy to run a little stronger before cutting rates

Janet Yellen meets China's foreign business leaders ahead of trade talks

The Treasury is not expecting a major shift in Chinese policy as a result of meetings, but it was important to explain the problems that overinvestment in these sectors are causing around the world

RBI MPC: Indian bond yields expected to be steady ahead of announcement

Das stressed that RBI may consider rate cuts only once retail inflation eases towards the RBI's 4% target on a sustainable basis

BOJ Guv Kazuo Ueda signals chance of rate hike if yen moves affect prices

The BOJ releases fresh quarterly growth and inflation forecasts at its next meeting in April 25-26. Its board also holds rate-setting meetings in June, July, October and December

US officials raise commercial, market access issues with China in meeting

Washington has raised concerns with Beijing for years over restricted access to the Chinese market for US companies