Page 105 - Reuters

RBI set to ease rules for small-ticket gold loans: Guv Sanjay Malhotra

In April, the Reserve Bank of India had proposed stricter rules for monitoring and disbursement of gold loans, which are often used by low-income borrowers

Incentives for minerals recycling in final stages of approval: Govt report

The scheme, which will includes lithium-ion batteries, will give capex subsidy to eligible recyclers, according to the document shared with reporters

Private refiners tap domestic fuel market as export margins tighten

Reliance Industries and Nayara Energy are stepping up sales at home as fuel demand growth slows in developed markets and China, the world's second biggest oil consumer

RBI cuts CRR by 1%, to unlock ₹2.5 trillion to banking system by Dec

With the reduction in four equal tranches ending November 29, 2025, the CRR would come down to 3 per cent

India's forex reserves dip by $1.2 billion to $691.5 billion as on May 30

The country's FX reserves are now about $13.4 billion below their all-time high hit in September 2024

Xi-Trump call signals thaw in tensions; gold dips 1%, silver at 13-yr high

Spot gold fell 0.9 per cent to $3,347.79 an ounce, as of 12:12 p.m. EDT (1612 GMT) after trading 0.6 per cent higher earlier

Tesla shares fall as growing Trump-Musk spat rattles investors

On his social media platform X, Musk has called on Congress members to kill the legislation, calling it a "disgusting abomination"

ECB cuts growth, inflation forecasts amid trade war and weak demand

Inflation is now seen falling further below the ECB's 2% target next year as lower energy costs, a stronger euro and weak economic growth all weigh on prices

India, US race to seal interim tariff deal ahead of Trump's July deadline

US Commerce Secretary Howard Lutnick said in Washington on Monday that trade negotiations were progressing and a deal could be finalised soon

Five-year bond rally fizzles as yields price in rate cuts, focus shifts

The five-year bond is also trading 15 bps below the policy repo rate of 6 per cent, the deepest inversion in 11 years

Walmart's Flipkart secures RBI approval for direct lending in India

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to Flipkart Finance Private Limited on March 13

Apple taps Tata for iPhone repairs as company expands India role: Report

In its latest partnership expansion, Tata is taking over the mandate from an Indian unit of Taiwan's Wistron, ICT Service Management Solutions

Gold holds as traders await US payrolls data, silver hits 13-year high

Gold, a safe-haven asset during times of political and economic uncertainty, tends to thrive in a low-interest-rate environment

Warplanes hit in Ukraine drone strike will be repaired, says Russia

Ukrainian strikes targeted airfields in Siberia and the far north where Russia houses heavy bombers that form part of its strategic nuclear forces

OpenAI finds more Chinese groups using ChatGPT for malicious purposes

While the scope and tactics employed by these groups have expanded, the operations detected were generally small in scale and targeted limited audiences, OpenAI said

India coal-fired power output falls at fastest pace in five years in May

India's coal-fired power generation fell 9.5 per cent in May on an annual basis to 113.3 billion kilowatt-hours (kWh)

Citigroup to cut 3,500 jobs at China tech centres amid global revamp

The reduction of staff at the China Citi Solution Centres in Shanghai and Dalian is expected to be completed by the start of the fourth quarter this year

China May services activity grows despite US tariff concerns, PMI at 51.1

The Caixin/S&P Global services purchasing managers' index (PMI), rose to 51.1 in May from 50.7, remaining above the 50-mark that separates expansion from contraction

Asian shares edge up as dollar dips ahead of ECB policy, US jobs data

The dollar slid in the previous session after weak US jobs and services data, with more weighty employment data due on Friday

Microsoft offers to boost European governments' cybersecurity for free

Although malicious actors have weaponised AI, Smith said AI also offered defensive tools