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Rupee settlement to help India trade with Russia, Iran and others: Experts

On Monday, the Reserve Bank of India said it had put in place a mechanism for international trade settlements in Indian rupees (INR) with immediate effect

India's high inflation to stick for longer, rates to rise more: Poll

One of the later entrants in the current round of global monetary policy tightening, the Reserve Bank of India raised its repo rate by a total of 90 basis points in May and June

British foreign secretary Liz Truss to run for prime ministership

Truss said she would cut taxes and maintain a tough line against Russian President Vladimir Putin

G20 watchdog FSB to propose first global crypto rules in October

Recent turmoil in crypto markets has highlighted their volatility, structural vulnerabilities and increasing links to the wider financial system, the FSB said

Europe on edge as Nord Stream Russian gas link enters shutdown

Shutting of Nord Stream 1 for annual maintenance may be extended, fears EU

Oil steadies as China's Covid-19 fears face tight supply concerns

By Scott DiSavino

For battery makers of electric vehicles, it's go small or go home

In the quest for smaller batteries that charge extremely quickly, the startup firms are experimenting with materials like silicon-carbon, tungsten and niobium.

Global demand fears, Covid in China, soaring dollar slam copper prices

Benchmark copper on the London Metal Exchange (LME) was down 3% at $7,573 a tonne at 1601 GMT.

Moderna to advance two Omicron vaccine candidates against newer variants

Moderna said its decision to develop the bivalent vaccines was based on different market preferences for shots against the subvariants.

Global shares decline, bond yields slide as inflation fears swirl

Shares worldwide took a dive over inflation concerns leading to a severe decline in bond yields

Swedish fintech co Klarna raises $800 mn as valuation plunges 85% in a year

Klarna said its peers were down 80-90% from peak valuations and so its own decline since June 2021 was on par with them

Russia's share of India's June oil imports surges to record 950,000 bpd

By Nidhi Verma

Wall St slides over earnings jitters; high-growth stocks drag down Nasdaq

Focus on big bank earnings later this week; US casino operators fall as Macau shuts casinosUS stock indexes slid on Monday, with the earnings season set to kick off in earnest this week amid concerns

Mourners throng Abe's wake as his party secures sombre Japan election win

Ruling coalition increases majority in upper house vote; hundreds pay respects to slain ex-premier at temple

Gold hovers near 9-month low as dollar gains on looming rate hikes

By Arundhati Sarkar

Hit by Covid, EU population shrinks for second year running: Eurostat

According to Eurostat, the population of the 27 countries that make up the bloc fell by close to 172,000 from the previous year and over 656,000 from January 2020

Oil drops as new Omicron subvariant case in Shanghai rattles market

Oil prices fall as fresh Omicron cases in China's Shanghai raises lockdown fears

Euro flirts with parity as Russian gas link enters planned shutdown

Euro rates survived above paity against the dollar over Russian gas prices due to one of the biggest pipeline being shutdown.

Twitter shares slide 6% after Elon Musk's $44-bn deal falls apart

On Monday, Musk took a jab at Twitter's stance, tweeting that the legal battle would lead to the company disclosing information on bots and spam accounts in court

World shares slide ahead of US' inflation data, earnings hurdles

World shares have dropped looking at US' recession according to recent reports