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India ETF flows hit record in 2023, analysts see momentum persisting

Investors are looking at India to diversify their emerging markets portfolio amid worries about economic growth in China and Sino-US tensions, analysts said

QatarEnergy halts Red Sea LNG shipping amid attacks, seeks security advice

At least four tankers used to carry Qatari LNG were held up over the weekend after U.S. and British forces responded by carrying out dozens of air and sea strikes on Houthi targets in Yemen

Cost of Indian exports more than doubled due to Houthi attacks in Red Sea

Around 80% of India's goods trade with Europe, estimated at nearly $14 billion a month, normally passes via the Red Sea, according to government estimates

Davos 2024: India on cusp of FDI flood, says Bajaj Finserv's Sanjiv Bajaj

'Ten years of this growth we have seen, at least another five years of a strong majority government will end up institutionalising those policies to a fair extent,' Bajaj said in an interview in Davos

State-owned KABIL signs $24 mn lithium exploration deal in Argentina

The deal, signed with an Argentinian state-run enterprise, gives KABIL exploration and developmental rights for commercial production

Toyota aims to produce about 10.3 million vehicles globally in 2024

Toyota is preparing to increase production thanks to strong sales of hybrid vehicles. The shortage of automotive semiconductors and other components is also easing, the Nikkei said

More oil tankers shun southern Red Sea after US-led strikes in Yemen

Prior to the U.S. and British strikes on Yemen it had been mostly container ships which were avoiding the Red Sea, with oil tanker traffic largely unchanged in December

Angel One Q3 results: Profit rises by 14% on jump in orders, clients

Consolidated profit was 2.60 billion rupees ($31.38 million) for the quarter ended Dec. 31, compared with 2.28 billion rupees a year earlier, according to an exchange filing

RBI proposes tighter norms for deposit-taking housing finance firms

The central bank has also proposed the ceiling on public deposits held by HFCs be reduced to 1.5 times of net-owned funds from 3 times

Softer core inflation data drives India 10-year bond yield to 4-month low

U.S. yields eased last week after December producer prices data fell unexpectedly, raising bets of an early interest rate cut by the Federal Reserve

Aster considering to pay 70-80% of $903 mn Gulf demerger money as dividends

The company said on Monday it plans to use the proceeds to pay shareholders between 110 rupees and 120 rupees per share as dividends

Hitachi's Indian business expects to have $20 billion revenue by 2030

Hitachi India's rail and power business would be the biggest revenue contributor over the next decade, he Kaushal added

Mahindra Group-backed infra investment trust trading debut on Monday

SEIT raised 13.65 billion rupees in the offer, while Mahindra Susten, the green energy arm of the tractors-to-financing conglomerate Mahindra Group, raised 8.98 billion rupees, according to statement

RBI releases draft framework for fintech self-regulatory organisation

The body would work towards strengthening governance standards and addressing the sector's needs and challenges, the central bank said

No plans to import wheat, likely to harvest a bumper crop: Piyush Goyal

The country's wheat stocks at state warehouses stood at 16.47 million metric tons as of Jan. 1, the lowest since 2017

TCS to diversify to other markets amid US weakness: CEO Krithivasan

"We believe it (fiscal 2025) could be a better year than fiscal 2024," Krithivasan said

US Congressional leaders ready stopgap bill to extend govt funding

Another extension has moved into focus as Congress appears on track to miss two staggered deadlines - January19 for passage of four of the 12 annual government-funding bills and February 2 for others

Israel cabinet set to vote on 2024 wartime budget, higher deficit

Israel last year approved a two-year budget for 2023 and 2024, but the war against Hamas in Gaza has shaken government finances, requiring budget changes and additional spending

Go First's lenders seek investor bids by January 31, says report

Go First filed for bankruptcy protection in May but lenders have more recently been considering liquidating the airline after failing to secure new investors

India, US seek to bolster trade ties, work together on critical minerals

India's trade minister Piyush Goyal and Tai held their annual trade policy talks in New Delhi on Jan. 12. Tai is on a three-day visit to India