Page 3 - Reuters

Gold set for worst month in over 17 years as US rate-cut hopes fade

Bullion has fallen more than 13% so far this month, putting it on track for its steepest decline since October 2008, weighed down by strong dollar and fading ​expectations of a US rate cut this year

China's factory growth hits 1-year high in March despite war risks

The sub-indexes for output and new orders both rose above 51 from below 50 the previous month, while that for new export orders improved to 49.1 from 45 in February

US eyes alternatives after WTO talks fail on ecommerce duty moratorium

US Trade Representative Jamieson Greer said Washington would work with like-minded partners outside the WTO if the moratorium is not restored

Brent crude set for record gain; Asian shares falter as Iran war rages

A month into the war, investors continue to be whipsawed by ‌a barrage of headlines as tensions and attacks between the US, Israel and Iran escalate

Kuwaiti oil tanker ablaze in Dubai Port after Iranian attack, no casualties

Authorities in Dubai confirmed they were responding to a drone attack on a Kuwaiti oil tanker in Dubai waters and that maritime firefighting teams were working to bring the fire under control

Microsoft unveils AI upgrades, rolls out Copilot Cowork to early users

Copilot's Researcher agent will now be able to pull outputs from both OpenAI's GPT and Anthropic's Claude models for every response

Powell says Fed positioned to 'wait and see' how war affects economy

As the Iran war enters its fifth week and US gasoline prices rise to around an average of $4 a gallon, the Fed faces a potential squeeze between its two mandates of full employment and price stability

Govt proposes IT rule changes to make advisories binding on tech platforms

Currently, the IT ministry's advisories to platforms - on issues ranging from deepfake labelling to content takedown practices - have functioned as guidance without explicit legal consequences

Jubilant FoodWorks to exit Dunkin' India franchise agreement by end-2026

The company will evaluate options including rationalisation of operations or the sale and transfer of franchise rights in consultation with the brand's owners, it said in an exchange filing

HDFC Bank delayed action in AT-1 bond mis-selling: Atanu Chakraborty

Chakraborty abruptly resigned from the bank's board earlier this month, citing differences over "values and ethics" and triggering a stock selloff and a damage control exercise by the lender

Rupee breaches 95 per dollar, hits record low amid West Asia conflict

The rupee weakened past the 95 per dollar mark for the first time to 95.21 per dollar, falling 0.3% from the previous close

JioStar ends IPL broadcast deal in Bangladesh after local partner defaults

Though Bangladesh is reviewing the ban and had said any further steps will depend on opinion of its sports ministry, termination by JioStar means there will be no local broadcaster for the IPL season

HDFC Bank chairman's sudden exit exposes leadership rifts at top lender

HDFC Bank management and India's banking regulator denied any governance or financial problems at the lender, but its stock fell 12 per cent over three days after Chakraborty's exit

Airlines raise fares, cut capacity as soaring oil prices threaten profits

Carriers ranging from United Airlines to Air New Zealand and Scandinavia's ‌SAS have announced capacity cuts and fare hikes, while others have imposed fuel surcharges

Australia to halve tax on fuel, underwrite spot cargoes driven by Iran war

Halving the tax would reduce the cost of fuel by 26.3 Australian cents per litre, PM Albanese said

West Asia war volatility strains trading in world's biggest markets

None of the world's biggest markets, from US Treasuries, to gold, to currencies have been spared, investors and traders said

Govt eases curbs, lets state-run firms import critical equipment from China

Under the relaxation of the rules, India's largest state-run power equipment maker Bharat Heavy Electricals can procure 21 types of critical equipment from China

Ukraine drone strike hits Russia's Ust-Luga port, fire under control

The recent attacks have caused severe oil supply disruption for Russia, the world's second-largest oil exporter, and have come just as oil prices exceeded $100 a barrel due to the Iran war

Traders brace for volatility after RBI FX curbs, oil surge to hurt bonds

The rupee fell about 1 per cent last week, its fourth consecutive weekly decline of ​a similar magnitude, to hit a record low of 94.84 against the dollar

Oil prices jump after Yemen's Iran-backed Houthis rebels attack Israel

Brent crude futures jumped $3.16, or 2.81 per cent, to $115.73 a barrel ​by 2205 GMT after settling 4.2 per cent ‌higher on ​Friday