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Mills may export up to 2 mn tonnes of sugar this season: Isma chief

Prime Minister Narendra Modi's administration extended the ban on sugar exports for the second straight season, as India, also the world's biggest consumer of the sweetener

Indians buying lightweight, lower-carat jewellery as gold prices soar

Gold prices in the world's second biggest buyer of the precious metal have surged 22% so far this year, after rising 15% in 2023

Govt bond yields end flat as traders eye US Fed rate decision, outlook

The benchmark 10-year bond yield ended at 6.7465 per cent, compared with the previous close of 6.7588 per cent

Gold prices stall ahead of Fed rate decision, focus on 2025 outlook

Markets are pricing in a 95.4% chance of a 25 basis points cut in this meeting, expected to be announced at 2 p.m. EST (1900 GMT), according to CME's FedWatch tool

London's Heathrow to invest nearly $3 bn to upgrade airport over 2 years

The capital will be used to improve all terminals, including baggage delivery and projects to support punctual departures and arrivals,

Nestle rolls out protein shots for US weight-loss drug users to curb hunger

The weekly weight-loss injections mimic an intestinal hormone called GLP-1 and curb people's appetite, promoting a feeling of fullness

As bitcoin soars, luxury brands consider accepting crypto payments

Until recently, only a handful of luxury brands including LVMH watch labels Hublot and Tag Heuer as well as Kering-owned fashion brands Gucci and Balenciaga have experimented with crypto payment offer

Russia says it detains suspect over the murder of top general in Moscow

The statement said he had described how he had placed the device on an electric scooter which he had parked outside the entrance of the apartment block where Kirillov lived

Opec+ fears US oil rise as Trump aims to deregulate energy sector

Opec+ pumps about half of the world's oil and earlier this month delayed a plan to raise output until April

Congress set to vote on expanding US investment restrictions in China

In October, the Treasury finalised rules effective Jan 2 that will limit US investments in artificial intelligence and other technology sectors in China

Boeing resumes 767 and 777 wide-body production after machinists' strike

The planemaker confirmed last week it restarted production of its best-selling 737 MAX jetliner in early December - about a month after the end of a seven-week strike

US Congress lines up stopgap Bill to avert partial government shutdown

It also includes $100.4 billion in new emergency funding to help states including North Carolina and Florida recover from devastating hurricanes

Canada PM Trudeau reflecting on criticism amid leadership crisis, says ally

Freeland resigned on Monday amid a policy clash and released a letter savaging Trudeau's leadership, prompting one of the worst crises since he took office in 2015

Ukraine kills Russian chemical weapons chief Igor Kirillov in Moscow

The Lieutenant General was also listed in a sprawling unofficial Ukrainian database of people considered to be enemies of the country called Myrotvorets (Peacemaker). A photograph of Kirillov

Govt plans up to 25% temporary tax to curb cheap Chinese steel imports

The proposal gained broad support at a meeting chaired by commerce minister Piyush Goyal on Tuesday after small industries dropped initial opposition once they received assurances

US retail sales increase more than expected in Nov on strong demand

Signs of strong domestic demand added to warmer inflation readings in recent months in suggesting that the Fed could pause rate cuts in January

Japan's auto giants Honda, Nissan Motor to soon begin merger talks

The two companies are looking to operate under a single holding company and are expected to soon sign a memorandum of understanding for the new merged entity

Congo files complaints against Apple in Europe over conflict minerals

Some Congo mines are run by armed groups involved in massacres of civilians, mass rapes and other crimes. Apple has said none of smelters or refiners of 3T minerals had financed those groups

In relief for investors, Pfizer 2025 profit forecast in line with estimates

Shares of the drugmaker rose nearly 3 per cent to $25.98 in premarket trading after the company also said it was expecting 2025 sales of its Covid-19 vaccine and drug to be consistent

Canada's inflation rate dips to 1.9% in November driven by price slowdown

After the substantial reduction in interest rates, triggered by the return of inflation to the bank's target this year, BoC Governor Tiff Macklem indicated last week that further cuts would be more