Page 560 - Reuters

Rupee may rise to 81/$ by 2024 end amid robust inflow hopes: Goldman Sachs

India's external balances remain favourable, with a combination of low current account deficit, strong public market capital flows, adequate forex reserves and low external debt

Not in talks with Musk's Starlink for a tie-up, says Vodafone India

On Monday, the Bombay Stock Exchange, where Vodafone Idea's stock is listed, had asked the company for a clarification, citing the BusinessWorld report

Denmark's Maersk continues to schedule Suez journeys despite Houthi attack

But Maersk on Dec. 24 said it was preparing a return to the Red Sea, citing the deployment of a US-led military operation to protect vessels

Japan earthquake toll rises to 30, houses damaged; 'risk of more quakes'

Thirty people were confirmed dead in Ishikawa, officials said. Seven others were seriously injured, while damage to homes was so great that it could not immediately be assessed

Iranian warship Alborz enters Red Sea amid Houthi attacks on ships: Report

Yemen's Iran-backed Houthis have been targeting vessels in the Red Sea since November to show their support for the Palestinian Islamist group Hamas in its war with Israel

Baidu terminates $3.6 bn purchase of JOYY's China live-streaming unit

The failure of the deal casts a shadow on search engine giant Baidu's ambition to diversify its revenue. The company proposed to acquire JOYY's entertainment live streaming business in China in 2020

Nifty ends with small gains on first day of 2024 amid profit booking

The blue-chip NSE Nifty 50 settled 0.05% higher at 21,741.90 points, while the S&P BSE Sensex added 0.04% to 72,271.94

Adani's JV hires global team for Dharavi overhaul project in Mumbai

Dharavi, about three quarters the size of New York's Central Park, is a crowded area that houses thousands of poor families in cramped quarters in the centre of India's financial capital

7.4 magnitude earthquake hits western Japan; tsunami warning issued

The Japan Meterological Agency reported a quake hitting Ishikawa and nearby prefectures, one of them measuring a preliminary magnitude of 7.4

Foreign investments into Indian bonds reached six-year high in 2023

The U.S. 10-year bond yield has fallen to around 3.85% on rate cut hopes, widening the spread with its Indian peer to 335 basis points from around 240 bps in late October

Xi declares Taiwan 'reunification' inevitable in China's future plans

China considers Taiwan to be its "sacred territory" and has never renounced the use of force to bring it under Chinese control

North Korea to launch new satellites, build drones, calling war inevitable

Kim lashed out at Washington in lengthy remarks wrapping up five days of ruling party meetings that set economic, military and foreign policy goals for the coming year

Maersk pauses Red Sea sailings after Houthi attack on container ship

The attack was the latest by Houthi militants in Yemen, who have been targeting vessels in The Red Sea to show their support for Palestinian Islamist group Hamas fighting Israel in Gaza

Israeli jets pound central Gaza as Netanyahu indicates longer war

A Red Crescent video published on Sunday showed the chaotic aftermath of strikes in central Gaza, as rescuers worked in the dark to carry an injured child from smoking rubble

Oil prices set to end year 10% lower as demand concerns snap winning streak

Both benchmarks are set to end 2023 about 10% lower after two years of gains as geopolitical concerns and oil production cuts drove wild fluctuations in prices

Western assets will meet same fate if Russian assets are seized: Kremlin

Leaders of the Group of Seven major industralised nations will discuss a new legal theory that would enable the seizure of frozen Russian assets when they meet in February

Gold price sits above $2,000 per ounce, heading for best in last 3 years

Gold investors anticipate record-high prices next year, when the fundamentals of a dovish pivot in U.S. interest rates are expected to support the market

Indian shares, bonds likely to continue rallying in 2024 on foreign inflows

Banks, information technology firms and metals will lead India's stock rally, with some push from defence and renewables, a market expert said

Fuel retailers hike ethanol procurement prices by Rs 6.87: Oil ministry

The new purchase price of 56.28 rupees per litre is aimed at boosting production of ethanol, which is used for blending with petrol

Iran executes four accused of sabotage, links to Israel's Mossad

The executions took to five the number of people put to death this month in a decades-long shadow war that has seen Iran accuse Israel of attacks on its nuclear effort