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Oil surges past $110/bbl, stocks rebound as Fed tightening fears ebb

Gold prices slipped on improving sentiment and U.S. Treasury yields rose from eight-week lows as investors weighed how aggressively the Federal Reserve might raise interest rates

Amazon may file criminal case against Future over store transfers: Report

Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition

IMF urges Sri Lanka to focus on monetary policy to tackle inflation rise

IMF said Sri Lanka needs to tighten its monetary policy to contain rising inflation, put its high debt repayments on track and reverse one of the worst financial crises the country has faced in years

Ukraine's 2nd city Kharkiv heavily bombed as UN assembly denounces Russia

Ukraine's second biggest city, Kharkiv, suffered heavy bombardment on Wednesday as Russia's week-long invasion was denounced by the United Nations in a historic vote

UN General Assembly in historic vote denounces Russia over Ukraine invasion

The last time the Security Council convened an emergency session of the General Assembly was in 1982, according to the UN website

Powell backs 25 bps March rate hike, says Fed ready to be more aggressive

Powell called the Russian invasion of Ukraine 'a game changer' that could have unpredictable consequences

Wall Street jumps; Fed's Jerome Powell assuages fear of aggressive hike

The Dow Jones Industrial Average was up 2.13% at 34,004.63 points, while the S&P 500 gained 2.17% to 4,399.6

India asks Indonesia to raise palm oil supply as prices spike: Report

Ukraine and Russia accounted for nearly 13% of India's edible oil imports last year, supplying 1.6 million tonnes.

State Bank of India's exposure to Russia, Ukraine less than $10 mn

Banks will get 10 days to complete the processing of payments to avoid near-term problems for businesses

The cost of Ukraine war: Bond yield climbs; rupee slips 47 paise against

The benchmark 10-year bond yield edged up to 6.81 per cent on Wednesday, the highest since February

Ukraine crisis: Boeing, Apple and Exxon make a retreat from Russia

US tech giant Apple said it had stopped sales of iPhones and other products in Russia

China will not join sanctions on Russia, says banking regulator

China, which has refused to condemn Russia's invasion of Ukraine, has repeatedly criticised what it calls illegal and unilateral sanctions

Crypto exchanges won't bar Russians, raising fears of sanctions backdoor

Some of the world's biggest cryptocurrency exchanges are staying put in Russia, breaking ranks with mainstream finance in a decision

US private payrolls increase in February; January revised sharply higher

Private payrolls increase 475,000 in February; January data revised higher to show gain instead of loss

Russia's Sakhalin 1 partners to decide on ops in next few weeks: ONGC

ONGC Videsh said it and its partners will decide on how to keep operating the Sakhalin 1 project over next few weeks, after Exxon Mobil's decision to exit Russia's oil and gas sector

Ukraine war raises spectre of Russia's first external debt default

Russia has never defaulted on sovereign hard currency debt, but reserve freeze, severed financial ties, politics pose risk ; Moscow has stopped payments on local sovereign bonds already

Oil soars to $113 as Russian supply disruptions increase amid sanctions

Brent crude futures rose by more than $8, touching a peak of $113.02 a barrel, the highest since June 2014, before easing to $111.53, up by $6.56 or 6.3% by 0950 GMT

Stocks make small gains but Ukraine crisis keeps investors cautious

Oil prices surged, with Brent crude touching $113.02 - its highest since 2014 - and U.S. crude coming close to passing its 2013 peak

Honda suspends exports to Russia, more Japanese automakers could follow

Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there

Banks concerned as trade settlements with Russia stall in face of sanctions

The extent of the payments that are stalled is not clear at the moment and RBI is trying to assess it