Page 743 - Reuters

Massive earthquake kills over 2,400 in Turkey, Syria; rescue ops underway

n Turkey, the death toll stood at over 1,600, the disaster agency said. Over 750 people were killed in Syria, according to figures from the Damascus government and the United Nations

Sebi seeks beneficial ownership details of foreign investors from banks

Foreign investors offloaded Indian equities worth Rs 288.52 billion ($3.51 billion) in January, data showed

Indonesia president warns regulator to boost supervision after Adani rout

Widodo pointed to the depreciation of the rupee and capital outflows from India after the meltdown in stock market values of Adani Group companies

Reserve Bank widely seen delivering final 25 bps hike, say economists

Annual retail inflation edged down in December from the previous month and remained within the central bank's comfort zone 2%-6% range for a second consecutive month

OPEC+ should get due recognition for constructive role: Secretary General

The main message from the OPEC+ panel that met last Wednesday was that the group would stay the course until the end of the agreement in 2023

Indian Oil to sign MoU with LanzaJet for sustainable aviation fuel

Indian Oil Corp will sign a memorandum of understanding with sustainable fuel tech provider LanzaJet to produce sustainable aviation fuel at its Panipat refinery, its chairman told Reuters

Govt to meet fiscal target in coming year, capex a longer shot, shows poll

A key government objective is to bring the deficit down to 4.5% of GDP by 2025/26. Respondents were evenly split on whether it would succeed

FPI selling hits seven-month high on rich valuations, Adani Group rout

The selling coincided with a slide in equity benchmarks, with Nifty 50 falling 2.45% in the first month of 2023

Dollar on the front foot after robust jobs data, yen falters to 3-week low

The yen weakened to a three-week low of 132.60 per dollar after the report, and was last fetching 132.35, down 0.88%

Bond yields and rupee to closely track RBI's monetary policy meet

The RBI is widely expected to raise interest rates by 25 basis points (bps) on Wednesday, which many traders believe will be the last before a prolonged pause

Adani Group may cut capex plans in some businesses after FPO fiasco

The company might look at 16-18 months for growth in certain businesses instead of a 12-month target, according to a newspaper report

China's FM, central bank governor to attend debt roundtable in India: IMF

China has to change its policies because low income countries cannot pay: IMF Managing Director Kristalina Georgieva

Blowout jobs: A headache for Federal Reserve, or a back-to-2019 gift?

The dissonance in the data will be a key puzzle for policymakers to resolve as they plot their next interest rate moves

Axis Bank says it is comfortable with exposure to Adani Group entities

"Our exposure to Adani Group is primarily to the operating companies in the Ports, Transmission, Power, Gas Distribution, Roads, Airports etc," the bank said

Indian refiners pay traders in dirhams for Russian oil, says report

Indian refiners and traders are concerned they may not be able to continue to settle trades in dollars, especially if the price of Russian crude rises above a cap imposed by the Group of Seven nations

Tesla's Musk found not liable in trial over 2018 'funding secured' tweets

Shares of Tesla rose 1.6% in after-hours trading following the verdict

Ministry of Corporate Affairs reviews Adani Group's financial statements

India's ministry of corporate affairs has started a preliminary review of Adani Group's financial statements and other regulatory submissions made over the years

Alphabet disappoints on sales as ad business slips after pandemic run-up

Pichai pointed to advertisers' more modest spending and the impact of foreign exchange rates abroad as drags on Alphabet's overall results

Twitter to share ad revenue with some content creators, says Musk

Musk, however, did not give details about the portion of revenue that would be shared with users

India's IndiGo seeks partnerships to expand international network

The airline's international capacity is already at 105% of pre COVID levels and it plans to grow this further in 2023, Pieter Elbers told analysts in a results call