Page 761 - Reuters

Fixed income returns in India to surge, prompt higher investments: Analysts

Meanwhile, returns stagnated in 2020 and 2021 with low yields, after the pandemic led to massive rate cuts

European stock indexes rise on 'soft landing' hopes, China reopening

The euro was up 0.3% at around $1.0673, versus a 1.2% jump on Friday

Govt asks utilities to import 6% of their coal need until September

India's power ministry has asked utilities to import 6% of their coal requirement until September, according to letter seen by Reuters

Ocugen-Bharat Biotech Covid vaccine meets main goals in US trial: Report

Ocugen Inc said on Monday the COVID-19 vaccine developed by its Indian partner Bharat Biotech International Ltd met the main goals of a trial in the United States

Dollar slips near 7-month low after US jobs data; labour market still tight

Fed fund futures now show investors believe the most likely outcome for the Fed's February meeting is for a 25-basis point increase

Budget to be fiscally prudent without losing growth focus: DBS economist

DBS Bank expects the government to target a fiscal deficit of 5.8-5.9% of gross domestic product (GDP) in 2023/24 as against the 6.4% outlined for this financial year ending on March 31

India's thermal coal imports up nearly 15% in 2022, says Coalmint

Indian imports of petcoke, mostly used by cement plants, doubled to 9.77 million tonnes in 2022 as they were cheaper compared with coal, whose prices hit record highs following Russia's invasion

Asia-Pacific shares rise on US rate bets, China's borders reopening

Asian shares rallied on Monday as hopes for less aggressive U.S. rate hikes and the opening of China's borders bolstered the outlook for the global economy

The US Dollar tentative as investors assess rate-hike path, says data

The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the pace of its interest rate hikes

Seattle public schools blame tech giants for social media harm in lawsuit

Seattle's public school district filed a lawsuit against Big Tech claiming that companies were responsible for a worsening mental health crisis among students

China reopens borders for travellers in final farewell to zero-Covid

Long queues formed at the Hong Kong international airport's check-in counters for flights to mainland cities including Beijing, Tianjin, and Xiamen

Mercedes expects double-digit growth in India this year despite weak rupee

Mercedes plans to launch 10 new cars in India in 2023, most costing more than 10 million rupees ($120,000)

As deadline ends, Centre gets multiple bids for majority stake in IDBI bank

The government, which owns 45.48% of IDBI Bank, is looking to divest a 30.48% stake in the lender

World stocks soar, investors pare rate bets after US jobs data

Wall Street sparked a global rally in stocks on Friday after a crucial US jobs report showed wage growth slowed in December, fueling investor bets that inflation is easing

Signs of fighting in Ukraine after Russia says unilateral truce in force

Kyiv has said it has no intention to stop fighting, rejecting the purported truce as a stunt by Moscow

Indian economy in a relative 'bright spot', must leverage exports: IMF

India's headline inflation moderated to an 11-month low 5.88% in November from 6.77% the month before

Renault considers building a mass-market electric vehicle in India

Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters

Dollar dips after US jobs report, wage growth below expectations

The euro was little changed on the day at $1.0521, and the dollar was up 0.25% against the Japanese yen at 133.70

Global stocks turn higher, treasury yields fall after mixed US jobs report

The MSCI World equity index rose by 0.3%, putting it on the cusp of its first weekly gain in more than a month

Banks reluctant to fund loss-making Vodafone Idea before capital hike

"Without that (capital injection) it looks difficult for the company to ...survive," said one top official at a state-owned bank