Page 8 - Reuters

RBI intervention cushions rupee as oil strain brings record low into sight

The rupee declined ‌to a low of 94.80 per dollar in early trade, before paring losses to last quote at 94.73, down 0.2 per cent on the day

Gold investment demand tops jewellery buying for first time in India

Stronger investment demand in the world's second-largest consumer of gold partly offset a decline in jewellery buying, hit by a rally in prices, helping keep overall demand stable

HSBC names Gautam Anand to lead Global India private banking unit

Anand, a veteran banker with 25 years of experience, will oversee HSBC's global India private banking franchise across India and key international hubs

Centre proposes rules to allow higher ethanol-blended fuels in vehicles

The Ministry of Road Transport and Highways said the draft includes provisions for E85 fuel, a blend of ‌85% ethanol with petrol, and E100, which would allow vehicles to run on nearly pure ethanol

Trump unhappy with peace proposal, says Iran 'figuring out its leadership'

Iran's most recent offer for resolving the two-month war would set aside discussion of its nuclear programme until the conflict was concluded and shipping disputes resolved

Oil prices jump nearly 3% as Hormuz disruption outweighs UAE Opec exit

Brent futures for June ended up $3.03 or 2.8 per cent at $111.26 a ​barrel, marking its seventh consecutive day of gains

Trump greets King Charles on 'beautiful British day' at White House

In his remarks, Trump stressed the bonds of friendship that have evolved between Britons and Americans since their days as adversaries during the War of Independence and the "wounds of war" it caused

Musk lawyer says OpenAI stole charity as high-stakes trial begins

A defense lawyer will make an opening statement later on Tuesday. Musk, Altman and Brockman attended the trial

UAE to walk out of Opec, Opec+; India may gain from supply shifts

The UAE, with capacity of around 4.8 million barrels per day, has long been one of the most influential and compliant members of Opec+, and is currently the fourth-largest producer in the alliance

Australia to charge big tech firms 2% levy unless they strike news deals

A proposed News Bargaining Incentive would tax the three big tech companies 2.25% on their local revenues unless they struck agreements

Rupee falls 0.4% to 94.19, near one-month low as oil tops $110/barrel

The rupee touched a low of 94.54 per dollar during the trading session, its weakest level since March 30, before closing at 94.19, down 0.4 per cent on the day

Google signs classified AI deal with Pentagon for defense works: Report

Classified networks are used to handle a wide range of sensitive work, including mission planning and weapons targeting

Castrol India March quarter profit rises 3.7% to ₹242 cr on volume growth

Revenue from operations increased about 9 per cent to ₹1,545 crore, driven by continued market-share gains and ‌expansion across rural and urban markets

Temasek, LIC, Canadian pension fund in line-up to sell stakes in NSE IPO

It will be one of two large share sales in India this year, along with an issue by billionaire Mukesh Ambani's Reliance Jio Platforms

Oil prices up 2% as stalled US-Iran talks keep Hormuz supply risks high

Brent crude futures for June climbed $2.32, or 2.1 per cent, to $110.55 a barrel as of 0638 GMT, after gaining 2.8 per cent in the previous session to its highest close since April 7

OpenAI ends Microsoft exclusivity; frees path for Amazon, Google deals

In a post on LinkedIn, Amazon CEO Andy Jassy said OpenAI's models would be available directly to developers on Amazon Web Services "in the coming weeks" and that the two firms would share more details

Trump not happy with Iran's latest proposal to end war: US official

White House spokeswoman Olivia Wales said Washington "will not negotiate through the press" and reiterated that its red lines remain unchanged as it pursues an end to the conflict

Asian stocks near record highs ahead of tech earnings, BOJ awaits

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.12 per cent, hovering near the record high it touched on Monday

China orders Meta to unwind $2 billion acquisition of AI startup Manus

"The transaction complied fully with applicable law. We anticipate an appropriate resolution to the inquiry," Meta said in response

RBI finalises expected credit loss norms; rollout set for April 2027

The ECL framework is forward looking and asks banks to build buffers based on the likely losses an asset will incur