Page 66 - Reuters

Markets log best week in 2 months as GST revamp boosts growth hopes

Benchmark indices end the week higher, posting their best gains in over two months, with optimism from GST reforms on everyday goods

Sebi initiates investigation into Jane Street amid continued complaints

SEBI on July 4 temporarily barred the firm from local markets on allegations of market manipulation, which the company has denied

World food prices hit over 2-year high in August, says FAO report

Rice prices eased, mainly because of a fall of Indian prices to three-year lows on rupee weakness and intense competition among exporters

Dabur challenges Colgate as India-US trade tensions hit toothpaste ads

Consumer goods company Dabur, valued at $11 billion, took out a front-page newspaper advertisement this week carrying photos of unbranded toothpaste packs that resemble Colgate packaging

Asian stocks track Wall Street higher, bond yields ease before US payrolls

The US dollar eased slightly, giving up small gains from Thursday, when it was buoyed by soft labour market figures

OpenAI to launch first AI chip next year in partnership with Broadcom

OpenAI, which helped commercialise generative AI capable of producing human-like responses to queries, relies on substantial computing power to train and run its systems

Earthquake of 6.2 magnitude jolts southeastern region of Afghanistan

The tremor, at a depth of 10 km (six miles), followed the earlier quakes that flattened villages in Kunar and Nangarhar provinces

Raymond Lifestyle to cut apparel prices after India's GST reduction

Industry watchers and corporate India executives expect prices on everything from small cars to everyday essentials to be slashed following the revision

US trade deficit widens 32.5% in July as imports surge to record levels

The trade gap ballooned 32.5per cent to $78.3 billion, the Commerce Department's Bureau of Economic Analysis said on Thursday

Tesla's UK car sales rise in August despite broader auto dip, data shows

Britain's growing EV appetite contrasts with a 2 per cent decline in overall new-car registrations for August to 82,908 units, during what SMMT calls the "quietest month" for car sales

Foreign outflows from stock market hits 7-month high in August

The sell-off was triggered by weaker lender margins following steep policy rate cuts in the June quarter and rising stress in consumer loans, credit cards, and microfinance

Indian coal prices to drop after tax changes, boosting local demand

That could push up domestic consumption at the expense of imports, they said, putting further pressure on already plunging global coal pricesZ

Amazon completes Axio acquisition, secures direct lending license in India

The Reserve Bank of India cleared the deal in June, said Mahendra Nerurkar, Amazon's vice president for payments for emerging markets. The deal has been in the works since December

US job openings fell more than expected in July; hiring lacklustre

Hiring increased 41,000 to 5.308 million in July. Layoffs rose 12,000 to 1.808 million. The labor market has slowed, with economists blaming President Donald Trump's sweeping tariffs

End war via talks or I will end it by force: Putin tells Ukraine

"It seems to me that if common sense prevails, it will be possible to agree on an acceptable solution to end this conflict. That is my assumption," Putin told reporters

Global long-dated bond selloff continues as gold prices hit record high

The 30-year Japanese government bond (JGB) yield hit an unprecedented 3.255% on Wednesday morning, following a run-up in similarly dated UK gilts and U.S. Treasuries on Tuesday

Govt to test battery storage at coal plants as solar power surges

The concept addresses a critical challenge facing India's power grid, where thermal plants must ramp down during peak solar hours but maintain capacity for evening demand when solar generation drops

Will help China overtake US as top nuclear power producer, says Russia

Russia has already helped build four nuclear reactors in China and is building four more

TSMC joins South Korean rivals, loses US fast-track export status for China

TSMC, SK Hynix and Samsung Electronics have, until now, benefited from exemptions to sweeping restrictions that the US has imposed on chip-related exports to China

India, Russia in talks for delivery of additional S-400 missile systems

India signed a $5.5 billion deal with Russia in 2018 for five S-400 Triumf long-range surface-to-air missile systems, which New Delhi says it needs to counter a threat from China