Page 349 - Reuters/workspace/business Standard Web/video

India business booming despite Western sanctions, says Russia's Sberbank

Sberbank's branch in India has offices in Delhi and Mumbai, as well as an IT centre in Bangalore

US elections: Kamala Harris pitches to union workers at Labour Day rally

Biden said Harris would build on the progress they had made during his administration to improve the lives of union workers and that he would do everything he could to help

Govt bond yields seen steady ahead of state debt sale, US economic data

The market is closely watching key US data and Federal Reserve's rate action as these will be directional cues

Russian forces advancing faster in eastern Ukraine than ever before: Putin

Russian forces, which control 18 per cent of Ukraine, have been advancing in eastern Ukraine since the failure of Kyiv's 2023 counter-offensive

IAEA head to visit Zaporizhzhia nuclear plant, meet Zelenskiy in Kyiv

Rafael Grossi, director of the IAEA nuclear watchdog, said he was on his way to plant to to continue assistance & help prevent a nuclear accident

Oil goes higher as halted Libyan exports levels expected Opec+ supply boost

News of increased production helped push oil prices lower last week but the scale of the sell-off was overdone, said Phil Flynn, an analyst at Price Futures Group

Volkswagen considers closure of historic German plant to cut cost

VW has lost almost a third of its stock market value over the past five years, making it the worst performing stock among the major European carmakers

Explained: How Russia may change its doctrine for nuclear weapon use

The current doctrine was set out by President Vladimir Putin in June 2020 in a six-page decree

Adani Green approves pacts for TotalEnergies' $444 mn investment in JV

This comes after the company and the French oil major had inked a $300 million deal to build renewable capacity in India, where the bulk of energy requirements are still met by coal

Russia advancing fast, taking several kilometres in east Ukraine: Putin

Despite a major Ukrainian incursion into Russia's Kursk region that began on Aug 6, the stronger Russian army has in recent weeks been thrusting relatively swiftly though settlements in east Ukraine

Nomura expects RBI to pivot to rate cuts from Oct amid weakening growth

Data released on Friday showed India's gross domestic product (GDP) grew at a slower-than-expected pace of 6.7 per cent on an annual basis in the April-June quarter

France's Atos cuts financial targets, says restructuring still on track

Atos said it now forecast a full-year 2024 group revenue of 9.7 billion euros ($10.72 billion), down from 9.8 billion euros previously estimated

Climate threat tops Pope Francis' Asia-Pacific foreign trip itinerary

Singapore has predicted its coastal waters could rise by more than a metre by the end of the century, piling pressure on its flood defences and threatening its low-lying land

Nomura lowers its FY25 economic growth forecast for India to 6.7%

Goldman Sachs and J.P.Morgan maintained their FY25 GDP forecast for Asia's third-largest economy at 6.5 per cent

India's manufacturing activity growth hits 3-mth low in Aug, shows PMI

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell for a second month in August, dropping to 57.5 from July's 58.1

Indonesia expects to sign $3.5 bn business deals at 2nd Africa forum

"The partnership between Indonesia and Africa so far has significantly increased trade volumes and trade agreements," President Joko Widodo said during his opening speech for the forum on Monday

Asian factories show tentative signs of recovery as China's PMI improves

Factory activity in South Korea and Taiwan also expanded in August, while Japan saw a slower rate of contraction due in part to solid global demand for semiconductors

Apple set for music, TV streaming fight in India after deal with Airtel

India, Apple Music will become available to premium users of Airtel's Wynk music app, which will eventually close

China to pitch green tech exports to Africa amid concerns of Western curbs

"That's a big ask for a continent that generally has very poor China literacy."

Rupee to decline after US data indicates larger Fed rate cut unlikely

The 1-month non-deliverable forward indicated that the rupee will open at 83.90 to the US dollar