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Reliance may avoid Russian fuel after sanctions, says official

Sanctions on Russia have prompted many companies and countries to shun its oil, depressing Russian crude to record discount levels

Reliance, Ola Electric, others to get incentives in battery scheme: Report

Reliance Industries and Softbank Group-backed Ola Electric have won bids to receive incentives under India's $2.4 billion battery programme, four sources told Reuters

JPM cuts Indian shares to 'underweight', trims target for MSCI EM index

The brokerage expects earnings to be lower this year, with commodity prices surging and Russia being excluded from MSCI EM index

Russia bogged down, blasting Ukrainian cities as war enters fourth week

Russian president lashes out at 'traitors and scum' as USA's Joe Biden calls him a war criminal.

Saudi Arabia prince, rebuked by West, faces dilemma over Russia and China

Saudi Arabia and UAE, which are among just a handful of producers with spare capacity, have snubbed Western calls for more crude.

Explained: Why you should care as the US yield curve flattens further

The shape of the yield curve is a key metric investors watch as it impacts other asset prices, feeds through to banks' returns and has been an indicator of the economy.

Oil prices climb 3% after IEA warns of 3 mn bpd shortfall in supply

Oil prices climbed about 3% on Thursday after the International Energy Agency (IEA) said markets could lose three million barrels a day (bpd) of Russian crude and refined products from April.

India's gold output could rise multifold if hurdles removed: WGC report

The South Asian country is the world's second-biggest consumer of the metal and fulfils most of its demand through imports.

EU to increase tariffs on India, Indonesia stainless steel imports

The European Union will increase tariffs on stainless steel products from India and Indonesia after determining they benefited from unfair subsidies, including some from China under its BRI programme

Shells hit theatre sheltering Ukraine civilians as Russian invasion crawls

Russia's invasion had largely stalled on all fronts and its forces continued to suffer heavy losses, says report from British military intelligence.

History shows the heat will be on Fed Reserve post interest rise hike

Not all of the Fed's efforts to tighten monetary policy have worked the same way.

Oil price rises after IEA warns of supply shortfall in markets

Oil prices climbed after the International Energy Agency (IEA) said markets could lose three million barrels per day (bpd) of Russian crude and refined products from April.

Global fuel subsidies ramped up to counter energy price spike: Report

Countries have announced fuel subsidies to cushion consumers from the impact of soaring energy prices after oil skyrocketed last week to 14-year highs.

China stocks rise on govt pledges of support, Ukraine peace talks hopes

Markets took a widely expected rate hike by the US Federal Reserve in stride, despite worries about weakening global growth.

Foxconn to operate under Covid-19 bubble in Shenzhen until Sunday

The world's largest contract electronics maker restarts some production and operations at its Shenzhen campuses.

Thousands of Japan homes without electricity after earthquake kills 4

Companies race to assess the impact of the magnitude 7.4 quake, which struck shortly before midnight on Wednesday.

Indian refiner Hindustan Petroleum buys rare Russian Urals crude: Reports

Hindustan Petroleum Corp Ltd has made a rare purchase of 2 million barrels of Russian Urals crude for loading in May, trade sources said.

Asian stocks rally strongly as Fed hike, Ukraine talks boost sentiment

Japan and Hong Kong led a jump in regional stocks on Thursday, joining a rally on Wall Street overnight as potential risks from Federal Reserve monetary tightening to the Ukraine war

Wall Street stocks, US yields rise after Fed Reserve's rate hike

Main Wall Street stock indexes and Treasury yields rose after the US Federal Reserve hiked interest rates and laid out an aggressive plan for further increases to combat inflation

Dollar falls as hawkish Fed Reserve delivers without an extra kick

The dollar fell on Wednesday after the U.S. Federal Reserve moved to a hawkish monetary policy but without delivering a tougher surprise that might have added to its weeks-long momentum