Page 165 - Reuters

Sebi allows long-short equity, debt funds for wealthier individuals

The new category of investment funds, first announced last year as a way to offer sophisticated investors a wider range of options, can begin operations starting April 1, when the new rules kick in

India's contract drug manufacturers seek govt support in China fight

"The government has to understand that this industry has potential, if not scale, right now," Krishna Kanumuri, CEO and managing director at Sai Life Sciences, said at an event earlier this week

Rewrite clinical trial rules to boost mkt share: Healthcare experts to govt

As of 2022, India held an 8% share in global clinical trials - which evaluate the safety and effectiveness of new treatments - compared to China's 29%

India 10-yr bond yield to slip to 6.45% by Apr on rate cut: BofA executive

The premium of the 10-year India bond yield over the policy repo rate should not be more than 45-50 basis points, Jain said, adding the bank likes the "front-end of the yield curve"

HSBC reducing staff numbers by 900 at China Pinnacle unit: Report

The reversal underscores the challenges the Asia-focused bank faces to boost growth and profitability in China at a time when it is slashing costs to boost returns

Scorching March likely to put India's wheat crop production at risk

India, the world's second-biggest wheat producer, is counting on a bumper harvest in 2025 to avoid costly imports, after three consecutive years of poor crop yields since 2022

Gold falls over 1% as dollar firms, investors await US inflation data

Spot gold fell 1.2 per cent to $2,880.79 an ounce by 0910 GMT, its lowest since February 17. Prices hit a record peak of $2,956.15 on Monday, driven by safe-haven flows

Exploring critical minerals in Zambia, Congo, Australia: Mines secy Rao

The move comes as India is taking efforts to reduce its reliance on imports of minerals such as lithium, key to energy transition technologies

India-EU trade talks: Tariffs, market access, regulatory clashes in focus

Talks for an India-EU free trade agreement, stalled for eight years, resumed in 2021, now cover investment protection and geographical indications.

Centre to cut states' share of federal taxes from 41% to 40% from 2026

The panel, headed by economist Arvind Panagariya, will submit its recommendations by October 31 to be implemented from fiscal year 2026-27. The recommendations are binding

Contract drug makers urge govt to ease rules, reduce reliance on China

Contract drug manufacturers have gained from global companies' efforts to diversify their supply chain

Trump sows confusion over Canada, Mexico, floats 25% duty on EU goods

Trump has targeted early April for imposing reciprocal tariffs matching import duty rates of other countries and offseting their other restrictions

Canada regulator to impose fee on Google for online law's operating costs

The imposition of the levy on the Mountain View, California-based search engine giant comes at a time of increased tension between Canada and the United States

Founding family unable to secure funding for $58 bn buyout, says Seven & i

The failure of the management buyout heightens the likelihood of Couche-Tard pulling off a mammoth acquisition of one of Japan's best-known and most beloved retailers

Stocks to make partial recovery from deepest rout in decades: Poll

Economic growth in Asia's third-largest economy slowed sharply this fiscal year as high inflation and stagnant incomes squeezed household spending

Drugmakers tout AI efforts at conference amid US tariffs concerns

Drugmakers such as Amgen and contract manufacturers including Parexel highlighted AI's role in reducing the time taken to conduct certain parts of the trials

Global stocks, dollar jump as House advances Trump's tax cut plans

The Republican-controlled US House of Representatives late on Tuesday narrowly passed Trump's $4.5 trillion tax-cut plan

US to announce EU tariffs very soon, says Trump at cabinet meeting

Trump said that US administration would soon be announcing tariffs on EU

Shein reports 2 child labour cases in 2024 as it increased supplier audits

The disclosure by Shein, which is planning an initial public offering in London, was in a February 7 response to questions from a British parliamentary committee

Trump administration orders more layoffs as Musk meets with cabinet

The memo calls for a "significant reduction" in headcount, but does not specify how many workers should be laid off, beyond the 100,000 who have already taken a buyout or been fired