Page 753 - Reuters

Apple targeting to raise India production share to 25%: Piyush Goyal

'They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing'

India's central bank likely buying dollar after rupee rose above 81.125/$

India's central bank likely bought dollars via state-run banks to prevent the rupee from appreciating significantly above the 81 psychological level

Govt to tap brakes on capex growth, key subsidies, finds poll of economists

Food and fertiliser subsidies that help two-thirds of India's 1.4 billion people will also be scaled back

Centre likely to borrow record Rs16 trn in fiscal year 2024, shows new poll

The fall in tax revenue and expected slowing economic growth next fiscal year will limit the government's ability to cut borrowing in the near term

Malaysia's egg shortage sets Indian hatcheries on path to record exports

India shipped 5 million eggs to Malaysia in December and will ship 10 million in January and up to 15 million in February, according Kumar

Oil prices fall in early trade but remain buoyed by China outlook

Brent crude futures retreated by 46 cents, or 0.5%, to $87.17 at 0031 GMT, while U.S. West Texas Intermediate (WTI) crude futures fell 40 cents, also down 0.5%, to $81.24 a barrel

HDFC to raise at least Rs 30 billion through issue of 10-year bonds

The issue will also have a greenshoe option to retain an additional 20 billion rupees and will close for subscription later this week

Rupee may firm past 81 per dollar, bond yields to edge up ahead of Budget

The rupee rose for a second straight week, gaining 0.25% over last week to end at 81.12 per dollar on Jan. 20, as the greenback slid on soft US data

BPCL plans to shut Bina refinery in June for a month for maintenance

The state-run refiner also plans to shut half of its 240,000 bpd Mumbai refinery in western India for three to four weeks in September-October for maintenance

Morocco plans to sell India 1.7 mn tonnes of phosphate fertilisers in 2023

Moroccan phosphates and fertilisers producer OCP said on Sunday it plans to supply India with 1.7 million tonnes of phosphate-based fertilisers in 2023

Euro nears nine-month peak as ECB plans hawkish rate hike in coming months

European Central Bank (ECB) governing council member Klaas Knot said interest rates would rise by 50 basis points in both February and March and continue climbing in the months after

HPCL to operate Vizag refinery at expanded capacity of 15 MTPA from Jun-end

India, the world's third biggest oil importer and consumer, buys over 80% of its oil needs from overseas

Centre blocks BBC documentary on Gujarat riots from airing in India

While the BBC has not aired the documentary in India, the video was uploaded on some YouTube channels

JSW Steel sees exports at more than 10% of 2022-23 sales, says official

His comments come after JSW, India's largest steelmaker by capacity, on Friday reported an 89% fall in profits for the quarter ended Dec. 31, hurt by a 56% slump in exports

YES Bank reports surprise 80% plunge in Q3 profit to Rs 51 cr as NPAs rise

Net profit fell to Rs 51.52 crore for the three months through December from Rs 266 crore

UltraTech Cement quarterly profit falls 38% due to surge in expenses

India's top cement maker, UltraTech Cement, reported a 38% decrease in quarterly profit on Saturday, dented by a surge in expenses

Adani Group plans to demerge more business; dismisses debt concerns

The corporate house plans to spin off, or demerge, its metals, mining, data centre, airports, roads and logistics businesses, said Jugeshinder Singh

China reopening spurs record inflows into emerging market funds: BofA

The sudden shift in Chinese policy has boosted many different asset classes, from commodities and mining stocks to currencies and equity markets in popular tourist destinations

Gold prices ease as dollar ticks up, but set for fifth weekly rise

The dollar rose 0.3% against its rivals, making gold more expensive for holders of other currencies

'India's gas imports to rise on easing global prices', says Petronet LNG

India's gas imports in October and November declined by about a fifth to about 1.8 million tonnes from this fiscal year's peak of 2.2 million tonnes in May