Page 99 - Reuters

Impact of India's large rate cut may be limited, says rate panel member

The MPC delivered a larger-than-expected 50-bp rate cut in June to bolster economic growth as inflation remained below target

Limit on duration for state debt STRIPS may dent demand, say insurers

STRIPS allow dealers to sell principal and interest payments independently, enhancing liquidity in the state government securities by enabling distinct trading of these components

Oil surges to five-month high after US hits Iran's key nuclear sites

Market participants expect further price gains amid mounting fears that an Iranian retaliation may include a closure of the Strait of Hormuz

North Korea condemns US strike on Iran as violation of sovereign rights

United States and Israel are the culprits of the current tensions in the Middle East born out of Jerusalem's "ceaseless war moves and territorial expansion"

Airlines weigh Mideast cancellations after US strikes leave many stranded

With Russian and Ukrainian airspace closed due to war, the Middle East route is vital for Europe-Asia flights, but FlightRadar24 showed empty skies over Iran, Iraq, Syria, and Israel

Israel's equity stocks rise on hopes US strikes may ease Iran conflict

The Boursa Kuwait Premier Market Index and the MSX30 Index in Muscat added 0.4 per cent each. Qatar's benchmark was 0.2 per cent higher

UN Security Council to meet on Iran as Russia, China push for a ceasefire

The US is likely to oppose the draft resolution, seen by Reuters, which also condemns attacks on Iran's nuclear sites and facilities

Response to US strikes on Iran only a matter of time: Yemeni Houthis

Mohammed al-Bukhaiti, a member of the Houthi movement's political bureau, told Al Jazeera Mubasher TV that its ceasefire deal with Washington was before the "war" on Iran

South Korea to raise concerns over potential curbs on chipmakers in China

South Korea, currently subject to a blanket 10 per cent tariff with a 25 per cent country-specific duty on pause for 90 days, agreed with the US in their opening round of trade talks

Airlines keep avoiding West Asian airspace after US strikes on Iran

Missile and drone barrages in an expanding number of conflict zones globally represent a high risk to airline traffic

Iran's key nuclear sites 'totally obliterated' by airstrikes, says Trump

In his first speech after the US strikes on Iran, Trump warned that Iran faces "either peace or tragedy" and said many more targets remain within reach of the American military

Japan scraps US meeting after Washington demands more defence spending

Japan and other US allies have been engaged in difficult trade talks with the United States over President Trump's worldwide tariff offensive

Iran, Israel launch fresh attacks after Tehran rules out nuclear talks

Shortly after 2:30 a.m. in Israel (2330 GMT on Friday), the Israeli military warned of an incoming missile barrage from Iran, triggering air raid sirens across parts of central Israel

No OPEC+ action needed amid Iran-Israel conflict, says Putin on oil market

Oil prices have rallied as a week-old air war between Israel and Iran escalated and uncertainty about potential US involvement kept investors on edge

Fearing China rivals, Stellantis and Renault lobby EU for fewer rules

Over the last two months, Stellantis Chairman John Elkann and Renault CEO Luca de Meo have engaged in a rare public campaign to get the European Union to consider the matter

Global trading giants rush into India's booming derivatives market

The firms' hiring plans, being reported for the first time, come amid expectations that large domestic consumer and investor bases

HPCL to invest $231 million to build 24 compressed biogas plants in India

Since April, India has mandated mixing gas used to run automobiles and cooking gas with 1 per cent of CBG

HAL wins bid to privatise India's small satellite launch rockets

Fighter jet maker HAL had applied independently, Indian Space Research Organisation said in a statement on Friday

India's response to obesity drug Mounjaro 'positive', says Eli Lilly

Mounjaro has sold more than 81,570 units in India, totalling about ₹23.94 crore ($2.76 million) as of May, with the drug logging a 60 per cent rise in overall sales between April and May

Russia increases seaborne fuel oil exports to India, Turkey in May

Oil prices fell to four-year lows as an Opec+ decision to expedite its output hikes stoked fears about rising global supply at a time when the demand outlook is uncertain