Page 714 - Reuters

Three quit Samsung India's public policy team in a week, says Report

Binu George, who looked at corporate affairs and strategy, Surabhi Pant who worked on policy and public affairs, and Nikhil Kaura from the same team quit last week, two sources said

India's pension scheme review must prioritise fiscal prudence: Economists

Under this scheme, the burden of funding pensions fell on the government with no contribution from the employees

India's foreign direct investment flows to see modest pick-up in FY24: Citi

Net FDI flows in the first ten months of fiscal 2023 stood at $26.5 billion, a decline of 14.3% year-on-year

Govt to invite bids for privatisation of Shipping Corp in May: Report

According to the report, the government now aims to invite financial bids for SCI, which owns and operates around one-third of India's total tonnage, by mid-May

Rupee seen flat at 82 for $1; US yields, importers hedging in focus

The Indian rupee is likely to open little changed to the U.S. currency on Tuesday, with traders assessing the outlook for U.S. yields and keeping a watch on importers' demand for the greenback

India's March fuel demand jumps to record high on robust economic activity

India's fuel consumption jumped to a record high in March, data showed on Monday, fuelled by robust economic activity in the world's third biggest oil consumer

Wall Street bank earnings under pressure after global banking crisis

Earnings per share (EPS) for the six biggest US banks are expected to be down about 10 per cent from a year earlier, analyst estimates from Refinitiv I/B/E/S show

India remains top destination for Russian Urals oil in April: Report

Attractive prices for Urals mean good margins for Indian refiners while term contracts between Russian and Indian companies and lower freight rates are also helping keep supplies elevated

BofA sees meaningful risks of Q2 US economic contraction after recent data

BofA pointed to data from April 3 showing US manufacturing activity slumped in March to the lowest level in nearly three years as new orders plunged

J&J talc unit second bankruptcy must be dismissed, victims' lawyers say

The attorneys, in the filing, denounced J&J's move to refile its subsidiary LTL Management for bankruptcy, which relies on a controversial legal maneuver, just two hours after first case was dismissed

India's March fuel demand soars to record high on robust economic activity

Consumption of fuel, a proxy for oil demand, rose by 5% from a year earlier to 4.83 million barrels per day (20.5 million tonnes), the highest recorded in data going back to 1998

Torrent Power makes lowest bid for Indian power supply contract: Reports

Torrent Power quoted 13.70 rupees per unit price to supply 770 megawatts each for 45 days in April and May from two of its gas-based projects in the western state of Gujarat

Wall Street drops as job gains fuel rate-hike worries; Nasdaq falls 1.2%

First Republic slips as bank suspends preferred stock dividend; semiconductor stocks up; Samsung plans to cut chip output

Ukraine wants tighter ties with India, visit by PM Modi: Ukraine minister

India has sought a diplomatic solution to the conflict in Ukraine, while Modi told Russian President Vladimir Putin in September that now is "not an era of war"

World Bank chief raises 2023 global growth outlook, eyes debt progress

Advanced economies, including the US, are also doing a bit better than the World Bank anticipated in January, Malpass said

India's overnight swap market pricing in rate cuts before 2023 end: Experts

OIS rates, often seen as the clearest indication of future policy rate actions, are interest rate derivative products that move as per the expectations of rate trajectory

China ends Taiwan drills after practising blockades, precision strikes

Chinese jets, warships practice blockading Taiwan; Chinese aircraft carrier also involved in drills

Indian sugar prices climb as production drops amid record demand

Sugar demand rises as consumption of cold drinks and ice cream climbs in India during the summer months that run roughly from April to June

Torrent Power makes lowest bid for power supply contract, says report

"The government is likely to award contracts for 1,100-megawatts to Torrent Power," the report said

Inflation may ease in March on softening food prices, says poll

Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices