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Indian rupee off record lows on RBI intervention; bond yields rise

The partially convertible rupee was trading at 77.63/64 per dollar by 0805 GMT compared with its close of 77.45 on Friday. The rupee touched a record low of 77.7975 during the session.

Russia jumps to 4th position as India's oil supplier amid Ukraine war: Data

Russia's share in India's oil purchases rose to a record 6%, about 277,000 barrels per day (bpd) in April, up from about 66,000 bpd in March, when it was in 10th position

LIC set for lacklustre market debut despite oversubscription: Analysts

Volatility in global markets and selling pressure in the domestic stock market are likely to cast a shadow on LIC's listing

India's surprise wheat export ban traps 1.8 mt at ports, says report

Only exports backed by letters of credit (LCs), or payment guarantees, issued before May 13 can proceed before the ban takes effect, India has said

Hopes for China demand revival boost base metal prices; copper rises 1%

Benchmark copper on the London Metal Exchange was up 1% at $9,254 a tonne at 1602 GMT, while aluminium was 1.4% higher at $2,828 a tonne after earlier touching a one-week high of $2,865 a tonne

Golds ticks up as dip in US yields loosens dollar's grip; palladium up 3%

The dollar inched lower, but still held near a two-decade peak, making gold expensive for overseas buyers. [USD/]

Oil prices rise on China's demand recovery, gasoline at an all-time high

In line with the unexpected industrial output decline, China processed 11% less crude oil in April, with daily throughout the lowest since March 2020.

Wheat importers in Asia scramble for supplies after India bans export

Importers, especially those in Asia, were banking on wheat from India, the world's second-biggest producer, after exports from the Black Sea region plunged following Russia's invasion of Ukraine.

Wall St falls as growth stocks, glum China data weigh; Nasdaq slips 0.8%

Apple, Tesla biggest drag on S&P 500 and Nasdaq; Spirit Airlines surges after JetBlue launches hostile takeover

California: Uber launches robot food delivery with Serve Robotics, Motional

Both services are available to Uber Eats users in Santa Monica and West Hollywood in California

Dollar slips from 2-decade highs; yuan falls on account of weak China data

Following the release of China's data, Bipan Rai, North America head of FX Strategy at CIBC Capital Markets, said trading was focused on macro economic data

Adani to become India's No. 2 cement maker with $10.5 billion Holcim deal

(Reuters) -Indian conglomerate Adani Group plans to buy Holcim AG's cement businesses in India for $10.5 billion, its largest-ever acquisition, to become the country's No. 2 cement manufacturer.

Putin sees no threat from NATO expansion, warns against military build-up

Putin warns NATO over bolstering Sweden and Finland, says NATO Nordic membership 'no problem'

Analysis: What India's u-turn on wheat exports means for world markets

India's ban on wheat exports has delivered a fresh blow to world markets already reeling from tight supplies due to output issues in traditional export powerhouses

McDonald's to exit Russia after more than 30 years, will sell restaurants

Company was once a symbol of flourishing American capitalism in the dying embers of the Soviet Union.

Bitcoin back below $30,000; European regulators warn about crypto risks

Bank of France Governor Francois Villeroy says crypto assets could disrupt the international financial system.

Oil prices slide as investors take profit; supply fear still looms

"Investors scooped up profit after a sharp gain last Friday," said Naohiro Niimura, a partner at Market Risk Advisory.

Gold prices decline to 14-week low as dollar strength slams demand

Earlier in the session, gold prices dropped 1.4% to their lowest level since Jan. 31 at $1,786.60. On Friday, they posted their fourth consecutive weekly decline.

European shares fall after China's economic data adds to growth woes

Investors are worried that inflation pushing up interest rates will damage the global economy. These fears saw global shares hit their lowest point in 18 months last week.

Holcim to use proceeds from India sale for lower carbon acquisitions

Over the last 15 months Holcim has spent 5 billion Swiss francs ($4.99 billion) on a string of companies outside the cement market as it pivots towards building products like roofing and mortars.