Page 4 - Reuters

Reliance plans first local debt sale after 3 years with $1.32 bn fundraise

The oil-to-telecom conglomerate plans to raise ₹12,500 ‌crore through a sale ​of five-year notes, at ​an annual coupon of 7.47%, and is set to invite bids ​from investors in the week ending Sept 18

Indian banks leave FX risk open on overseas deposits, weighing on rupee

While the Reserve Bank of India's special swap facility shields banks from FX risk on the deposits' principal amounts, interest payments need to be managed by lenders independently

India's fuel demand fell 2.8% in August despite higher petrol, diesel sales

Consumption of fuel, a proxy for oil demand, totalled 18.61 million metric tons, data from the Petroleum Planning and Analysis Cell (PPAC) of the oil ministry showed

Oil hits multi-week highs after Houthi attacks on Saudi energy facilities

Brent crude futures were up $2.00, ​or 2.06%, at $99.00 a barrel by 0800 GMT while US West Texas ​Intermediate crude was at $94.41 a barrel, up $2.93, or 3.2%.

Steel prices set to rise further on coking coal costs, demand revival

Higher prices could help mills recover margins ‌squeezed by surging coking coal costs, but infrastructure, construction ​and auto companies face higher input ​costs just as demand picks up

Raids, shutdowns, warning labels: India's unprecedented food safety push

Intensified inspections, licence suspensions and a proposed front-of-pack warning label are putting restaurants and India's more than $100-bn packaged food industry under growing regulatory scrutiny

Canada's retaliatory tariffs on US goods take effect as trade talks stall

The counter-tariffs cover $20 billion of US goods, with duties ranging from 15% to 50% across products from steel and furniture to clothing and electronics

Singapore minister defends Singapore Airlines' investment in Air India

The remarks, made in parliament, cap two weeks of public scrutiny over ​a request by Air India for about $1.5 billion of fresh equity from owners Tata Sons and Singapore Airlines

Eiffel Tower shut after female staff sidelined during Hindu group's visit

The monument was closed late on Monday as employees held a meeting over the incident, which has angered staff and drawn criticism from French ‌politicians

Why Brent crude is below $100 despite disruptions to Gulf oil flows

Crude oil shipments from West Asia producers are at about 11 million barrels per day (bpd) ​now, from 18 million bpd before the Iran war began seven months ago

Asian stocks waver as yen surges, Iran retaliation threat lifts oil prices

Japan's ​Nikkei 225 fluctuated between gains and losses before edging up 0.2%, as the yen jumped ‌as much as 0.6% to 153.51, its strongest level since February 18

Trump says Canada's Bombardier must build jets in US or lose market access

Canada is set to introduce a wave of counter-tariffs against the US on Tuesday

Kremlin says it does not rule out restart of peace talks with Ukraine, US

Moscow had not yet received any information about contacts between the U.S. envoys and Ukrainian officials in Kyiv on Sunday, Peskov said.

Iran warns US energy assets in Gulf are vulnerable after latest clashes

Iran has tightened restrictions on shipping through ‌the Strait of Hormuz, a critical artery for global oil and gas supplies, since the war began ​with U.S. and Israeli strikes on February 28.

Asian Paints names Leo Puri chairman-designate, to take charge in 2027

Puri, whose board term runs until September 2031, will succeed R. Seshasayee

RBI withdraws over ₹6 trillion of bank liquidity after record spike

The Reserve Bank ​of India received offers worth ₹3.53 trillion at an overnight auction, right ‌after banks parked ₹2.59 trillion through a 30-day auction

Indian health activists lodge concerns about food warning proposal in court

Proposal to implement red warning labels has jolted $100 bn packaged food ‌industry that long opposed such measures, but is also angering activists who have publicly criticised the plan as too lenient

Asian tech shares surge as strong US jobs data boosts growth hopes

In Asia, enthusiasm for tech stocks saw Japan's Nikkei rebound 2.2 per cent, after losing a similar amount last week, while South Korea rallied 3.1 per cent

Germany's far-right AfD set for historic victory in state election

The AfD is already Germany's most popular party at the national level and is seeking to secure a foothold for advancing its agenda

EU to boost Greenland investment amid Trump's campaign to control island

European Commission President Ursula von der Leyen ​is expected to unveil plans to invest in sectors including critical minerals, satellite communications and renewable energy in Greenland