Page 169 - Reuters

Govt to cap EV charging investment for tariff relief as Tesla's entry looms

India last year announced a policy aimed at attracting Tesla to manufacture EVs in the country and let such foreign carmakers import cars at a 15% tariff

US Treasury chief expresses 'serious concerns' in call with China

Friday's call came as China and the U.S. seek to manage their relationship as the world's two largest economies stand on the precipice of a renewed trade war

Swiggy to invest Rs 1k cr in supply chain unit Scootsy amid qcom expansion

Scootsy provides services such as warehouse management and processing to improve order deliveries and shipping processes for wholesalers and retailers

Govt may raise vegetable oil import taxes again to support local farmers

The government would take into account the impact of the decision on food inflation, said another government source who also did not wish to be identified, citing official rules

RBI announces mega $10 billion FX swap to infuse rupee liquidity

The RBI will conduct the buy/sell swap on February 28

RBI must infuse Rs 1 trillion by March to ease bank liquidity gap: Analysts

Since mid-January, the Reserve Bank of India has infused funds to counter a sharp decline in liquidity caused by its aggressive intervention in the foreign exchange market, among other factors

India's forex reserves fall to $635.72 billion, snapping 3-week rise

Changes in foreign currency assets are caused by the central bank's intervention in the forex market as well as the appreciation or depreciation of foreign assets held in the reserves

Investigating claims of customer data leak: Niva Bupa Health Insurance

If confirmed, this would be the latest in a string of data leaks that have plagued the sector in recent months

Tesla recalls nearly 380,000 vehicles in US over power steering issue

Tesla said some 2023 Model 3 sedans and Model Y crossovers which run on older software may experience an overvoltage breakdown

Rupee slips on weak equities, importer dollar bids; ends higher for week

The rupee closed lower at 86.7125 against the U.S. dollar after rising to 86.4850 earlier in the session. The currency was up 0.1% week-on-week

Govt mulls bailout for power utilities to retain stability amid high demand

This would be the first time since 2021 that the federal government has injected money to state power utilities, which cost the government $35 billion then

Airlines warned as Chinese navy to hold live-fire exercises off Australia

Australia's Prime Minister Anthony Albanese told reporters on Friday afternoon that the time period for the Chinese navy exercises had expired, and it was unclear if live fire had been used

China's hopes to be Ukraine mediator collide with its goals on Trump, trade

China's priorities are clear: it is focused on repairing its economy and trying to hammer out a deal with US President Donald Trump to avoid another damaging trade war

Moody's cuts Nissan rating to 'junk' status, keeps negative outlook

Nissan has been working on a turnaround programme under which it plans to cut its workforce by 9,000 people and global manufacturing capacity by 20 per cent

Trump, Putin meeting depends on progress to end Ukraine war: Marco Rubio

Trump's bid to try and end the war left Ukraine and European allies concerned they would be cut out of any peace talks, but Rubio said the US has consulted with all

Republican senators push for border security bill without Trump's tax cuts

Senate Republicans are seeking to bypass Democratic opposition in that chamber and secure an early legislative win for Trump

Boeing names Jeff Shockey as new top lobbyist amid criticism from Trump

On Wednesday, Trump said he was not happy with Boeing for significant delays delivering next-generation Air Force One planes and warned he might pursue a new option

US Department of Agriculture to release $20 mn of frozen farmer funds

USDA Secretary Brooke Rollins said the released funds will go to honour contracts that were already made directly with farmers, according to a statement on the USDA's website

Talks with US envoy 'restore hope' for strong deal on security: Zelenskyy

In his comments on X, Zelenskiy also said his discussion with Kellogg focused on the battlefield situation, the security guarantees that Ukraine is seeking and the return of prisoners of war

Meta cuts down stock options for staff despite trading at record highs

In January, the Facebook parent said it would trim about 5 per cent of its "lowest performers" and plans to hire for the impacted roles this year