Page 821 - Reuters/workspace/business Standard Web/undefined

India in talks with other countries to export green hydrogen, official says

"We are in a position to make green hydrogen as our main source of energy in the future," Prabhat Kumar, an additional secretary of the external affairs ministry, said at an industry event.

JSW Steel expects exports to hit over 5-year low in FY23 on reduced demand

JSW Steel aims to produce 25 million tonnes of crude steel this year, up 28% from last year

Q2 roundup: Indian firms get festive boost; almost 62% post profit rise

Of the 191 companies tracked, 118 reported a rise in profit, Refinitiv data showed, with almost 90% of those logging in a rise in quarterly revenue.

Indian Rupee tipped to open tad lower ahead of US inflation data on Friday

The rupee is likely to open at 81.55-81.60, compared with 81.4350 in the previous session

Inflation likely slowed in Oct, still well above RBI target band: Report

Forecasts ranged from 6.40% to 7.35%, with three-quarters of respondents expecting a figure under 7.00%, well below the recent peak of 7.79% in April. The RBI's tolerance band is 2-6%.

Financial market regulators may rebuff EU counterpart's auditing demands

Under some recent European amendments to practices, which India has not signed up to, the ESMA is seeking rights to independently inspect clearing houses in India

Sugar mills clinch export deals within days of govt approval, says dealers

The quick shipments from the world's biggest producer of the sweetener and its second biggest exporter, could weigh on global prices, but help Indian mills in liquidating stockpiles quickly

Indian govt to sell 1.55% stake in Axis Bank via offer for sale: SUUTI

Floor price for the offer is 830.63 rupees per share, it added. The offer will be concluded over Thursday and Friday, with non-retail investors bidding on first day and retail investors on second day

Dollar advances ahead of inflation data; cryptos crumble over FTX deal

The greenback surged overnight against its peers and held to those gains in early Asia trade, pushing the Japanese yen away from a roughly two-week high hit in the previous session

Oil prices plunge 3% on US inventory build, China Covid-19 worries

Brent crude futures settled at $92.65 a barrel, shedding $2.71, or 2.8%, while U.S. West Texas Intermediate (WTI) crude futures settled at $85.83 a barrel, dropping $3.08, 3.5%

Barbeque-Nation Q2 net profit rises 143% to Rs 7.09 cr on dine-in rebound

Domino's Pizza's India franchisee Jubilant FoodWorks Ltd on Tuesday reported a 10% increase in quarterly profit on dine-in demand

India says will need coal until 2040 and beyond, says Pralhad Joshi

Addressing a parliamentary committee, minister in charge of coal Pralhad Joshi said the fuel was an affordable source of energy and demand for it had yet to peak in India

Tata Motors plans to delist American Depositary Shares from January

Tata Motors's stock remains listed on the BSE and the National Stock Exchange of India

Thermal coal imports grow at slowest pace in 5 months in Oct, shows data

The share of South African thermal coal imports rose to the highest levels in recent months as sponge iron makers switched back amid Russian blend concerns, Coalmint said in a report this week

Oil prices decline on US crude inventory build, China Covid worries

Brent crude futures fell 74 cents, or 0.7%, to $94.62 a barrel by 1201 GMT

CreditAccess Grameen to raise Rs 15 crore via ECBs, says MD Udaya Kumar

Additionally, its public issue of non-convertible debentures (NCDs) worth up to 5 billion Indian rupees ($61.4 million) will launch on Nov. 14

Sugar mills clinch export deals within days of govt's approval, say dealers

India's approval came late on Saturday for the export of 6 million tonnes of sugar in the 2022/2023 marketing year that started on Oct 1

Cryptoverse: Dogecoin's price doubled after Musk's Twitter acquisition

It was trading at about $0.07 on Oct. 27 before Musk tweeted "the bird is freed" to announce his ownership. Five days later, it was at $0.16.

Musk's Twitter to introduce 'Official' label for some verified accounts

The lack of ID verification is likely to raise concerns about the possibility of people impersonating public figures

China's super-rich see fortunes plunge as economy slows: Here're top losers

Only 1,305 people made the mark this year, down 11 per cent from last year