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Five-year bond rally fizzles as yields price in rate cuts, focus shifts

The five-year bond is also trading 15 bps below the policy repo rate of 6 per cent, the deepest inversion in 11 years

Walmart's Flipkart secures RBI approval for direct lending in India

The central bank issued its certificate of registration - a document that officially recognises a company as an NBFC - to Flipkart Finance Private Limited on March 13

Apple taps Tata for iPhone repairs as company expands India role: Report

In its latest partnership expansion, Tata is taking over the mandate from an Indian unit of Taiwan's Wistron, ICT Service Management Solutions

Gold holds as traders await US payrolls data, silver hits 13-year high

Gold, a safe-haven asset during times of political and economic uncertainty, tends to thrive in a low-interest-rate environment

Warplanes hit in Ukraine drone strike will be repaired, says Russia

Ukrainian strikes targeted airfields in Siberia and the far north where Russia houses heavy bombers that form part of its strategic nuclear forces

OpenAI finds more Chinese groups using ChatGPT for malicious purposes

While the scope and tactics employed by these groups have expanded, the operations detected were generally small in scale and targeted limited audiences, OpenAI said

India coal-fired power output falls at fastest pace in five years in May

India's coal-fired power generation fell 9.5 per cent in May on an annual basis to 113.3 billion kilowatt-hours (kWh)

Citigroup to cut 3,500 jobs at China tech centres amid global revamp

The reduction of staff at the China Citi Solution Centres in Shanghai and Dalian is expected to be completed by the start of the fourth quarter this year

China May services activity grows despite US tariff concerns, PMI at 51.1

The Caixin/S&P Global services purchasing managers' index (PMI), rose to 51.1 in May from 50.7, remaining above the 50-mark that separates expansion from contraction

Asian shares edge up as dollar dips ahead of ECB policy, US jobs data

The dollar slid in the previous session after weak US jobs and services data, with more weighty employment data due on Friday

Microsoft offers to boost European governments' cybersecurity for free

Although malicious actors have weaponised AI, Smith said AI also offered defensive tools

US inflation data collection hurt by Trump-era hiring freeze: Report

The CPI temporarily reduced the number of outlets and quotes it attempted to collect due to a staffing shortage in certain CPI cities

Reliance, Airtel group challenges 'low' satcom fee which can help Starlink

India's telecom regulator in May proposed satellite service providers pay 4% of their annual revenue to the government for offering services

Finance ministry may seek lower energy rates for green steel incentives

India, the world's biggest steel producer after China and a key green house gas emitter, has been working on a green steel policy to decarbonise production of the alloy

Rising missile threats, airspace closures increase pressure on airlines

Six commercial aircraft have been shot down, with three near-misses since 2001, according to aviation risk consultancy Osprey Flight Solutions

Services sector growth steady in May as demand remains strong, shows PMI

New business - a key gauge for demand - expanded at a sharp pace in May, largely aligned with growth rates seen from February through April

RBI likely to cut rates for third time as inflation stays below forecast

A strong majority of economists, 53 of 61, in a Reuters poll expect the Reserve Bank of India's monetary policy committee (MPC) to cut the repo rate to 5.75 per cent

Asian stocks edge up, dollar dips as traders brace for higher US tariffs

South Korea's stocks and its currency surged as liberal presidential candidate Lee Jae-myung's election victory raised hopes of swift economic stimulus

Ex-Kia India workers, scrap dealers face probe over theft of 1,008 engines

Though the engines were worth only $2.3 million, the police investigation noted the case had widespread impact on industrial operations, stakeholder trust and employment security

Global alarms rise as China's critical mineral export curbs takes hold

German automakers became the latest to warn that China's export restrictions threaten to shut down production and rattle local economies, following similar complaint from an Indian EV maker last week