Page 6 - Reuters

Oil rises as investors reassess West Asia ceasefire prospects

Oil jumps over 3% as Middle East tensions threaten supply, with Hormuz disruption and global outages intensifying fears of a prolonged energy crisis

Thyssenkrupp, Jindal Steel sale talks falter on pension and energy costs

The companies could decide to officially stop negotiations as soon as next month, one of the people said

Sebi begins review of former HDFC Bank chairman Chakraborty's exit letter

In his resignation letter, Chakraborty cited "certain happenings and practices within the bank" that he said were "not in congruence" with his personal values and ethics

Google top India counsel quits in latest departure amid regulatory hurdles

India is crucial for Alphabet's Google since most smartphones in the country run on its Android operating system, even as Apple's share is growing steadily

Tanker carrying Russian oil hit by drone in Black Sea near Turkey

The attack, just outside Turkish territorial waters, likely aimed to disable the engine room in the Sierra Leone-flagged vessel that was carrying Russian oil

Indian iron ore imports set to hit 7-year high in FY26 on strong demand

Overall imports are likely to reach 12 million to 14 million metric tons in 2025-26, more than doubling from a year earlier, analysts and trade officials said

Steel ministry seeks intervention for plants facing LPG shortages

India, the world's second-biggest crude steel producer, is in the midst of its worst LPG supply crisis in decades as shipments from key producers in the West Asia have been disrupted

Revolut plans to base 40% of its global workforce in India by 2026

The new positions will span product development, support functions and financial services functions such as payment processing and fraud investigations

Thyssenkrupp, Jindal Steel sale talks falter on pension, energy costs

While talks over a sale of Thyssenkrupp Steel Europe (TKSE) are ongoing and could ‌still result in an agreement, a deal is now seen as less likely after nearly six months of discussions

Oil prices climb as investors reassess West Asia ceasefire prospects

Brent futures rose $1.13, or 1.1 per cent, to $103.35 a barrel by 0051 ‌GMT, while US West Texas Intermediate crude futures were up $1.08, or 1.2 per cent, at $91.40 a barrel

Cairn reduces output by 10% due to shipping complications from Iran war

Founder Anil ‌Agarwal, ‌who is also Vedanta chair, added ‌it is important India invest in ‌its own ​resources to ​reduce dependence on energy supplies from elsewhere

India buys first Iran LPG cargo after US eases sanctions amid crisis

India had shunned energy purchases from Iran ‌in 2019 under pressure from Western sanctions. The tanker was initially bound for China, according to LSEG data

Trump names Huang, Zuckerberg to 13-member science and tech council

Trump has made securing US leadership in artificial intelligence a priority of his second term, framing the technology as a defining arena of strategic competition with China

US jury finds Google, Meta liable in social media addiction trial

Snap and TikTok were also defendants in the trial. Both settled with the plaintiff before it began. Terms of the agreements were not disclosed

Meta is laying off hundreds of employees across multiple teams: Report

Meta had nearly 79,000 employees as of December 31, according to its annual filing

Rupee closes near record low, RBI intervention blunts outflow pressure

Rupee near record low despite RBI support as NDF-related dollar demand and outflows offset gains from easing oil prices and improved global risk sentiment

Sony Honda Mobility cancels EV development project, to refund early buyers

Sony Honda will issue full refunds to those who have made reservations for what was to be its first model, the Afeela 1, in California

West Asia war spillover may push rupee past 98/$, hit stocks: Bernstein

If the conflict lasts much of 2026, the repercussions could be 'catastrophic', Bernstein analysts said, citing supply risks, double-digit inflation and economic growth in the 2%-3% range

India delays coal flexibility plan as solar power curbs rise: Report

The move comes at a time when the world's second largest user of coal is curbing solar output for lack of dedicated transmission lines

RBI steps in as past intervention flows pressure rupee near record lows

The likely intervention via state-run banks helped the currency hold above its record low of 93.98 per dollar to last quote at 93.96, down 0.1 per cent on the day