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India asked by sanctions-hit Russia for parts for key sectors: Report

Moscow has sent India a list of more than 500 products for potential delivery including parts for cars, aircraft, and trains

Alibaba to sell Zomato shares worth $200 million via block deal: Report

Alibaba Group Holding Ltd plans to sell a stake of about 3% in Indian food delivery firm Zomato Ltd worth $200 million through a block deal

India's EaseMyTrip to step up acquisitions, sees strong Q3, says Co-founder

"We are looking to acquire profitable, asset-light and tech-driven businesses in travel," Prashant Pitti, co-founder of EaseMyTrip, said in an interview on Reuters' Trading India chatroom

India panel to favour linking local gas prices to crude basket: Report

In September India set up a panel headed by energy expert Kirit Parikh to review the India's gas pricing formula to ensure fair prices to consumers

India's finished steel imports from Russia hit 4-year high in April-October

India's finished steel imports from Russia during April-October rose to their highest in at least four years, government data showed

S&P Global Ratings lowers 2023 growth forecast for emerging markets

S&P Global Ratings lowered its 2023 growth forecast for emerging economies, citing persistent pressures from the Russia-Ukraine conflict, a lingering pandemic, and tight monetary policy conditions

Global shipping growth at risk from economic gloom, says UNCTAD

The world's largest investment banks expect global economic growth to slow further in 2023 following a year roiled by Russia's invasion of Ukraine and soaring inflation

US Dollar holds firm as China's Covid-related worries, Fed remarks weigh

The greenback had extended gains after St. Louis Fed President James Bullard said overnight that the Fed needs to raise interest rates quite a bit further

Asia shares take comfort in China property rally, investors eye protests

Shares of Chinese property companies surged after the country's securities regulator lifted a ban on equity refinancing for listed property firms

India purchased 40% of seaborne Russian Urals oil in Nov, shows data

At the same time, shipments of the grade to Europe, which was previously the largest consumer of seaborne Urals, in November amounted to slightly less than a quarter

Oil prices slide on concerns over China's demand amid Covid curbs

Brent crude futures fell 45 cents, or 0.5%, to trade at $82.74 a barrel at 0113 GMT. U.S. West Texas Intermediate (WTI) crude futures dropped 51 cents, or 0.7%, to $76.73 a barrel

What inflation? Cyber Monday set for record $11.2-billion sales

The Adobe Analytics report predicts spending on Cyber Monday to rise 5.2 per cent as inflation-weary consumers have been putting off holiday shopping for weeks

Ukraine likely to get arms that can hit deep inside Russia: Report

US and allied military inventories are shrinking, and Ukraine faces an increasing need for more sophisticated weapons as the war drags on

India purchased 40% of seaborne Russian Urals oil in November: Report

India bought about 40% of all Urals seaborne export volumes loading in November, outperforming other states as buyers, Reuters calculations based on Refinitiv and traders' data showed on Monday

Jet Airways resolution plan totters on disagreement with creditors

Creditors may approach India's aviation ministry to seek approval to liquidate Jet's assets if a resolution does not emerge during a critical court hearing on Tuesday, said a senior banker

In a first, Rolls-Royce successfully tests hydrogen-powered jet engine

The ground test, using a converted Rolls-Royce AE 2100-A regional aircraft engine, used green hydrogen created by wind and tidal power, the British company said on Monday

India to receive first cargo from Indonesia's Tangguh LNG plant today

India will receive its first cargo from Indonesia's Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a Refinitiv analyst and Refinitiv ship tracking data

Oil prices erase 2022 gains as China's protests spark demand worries

Oil prices fell close to their lowest this year on Monday as street protests against strict COVID-19 curbs in China, the world's biggest crude importer, stoked concern over outlook for fuel demand

Global oil mkt signals short-term weakness ahead of EU ban on Russian oil

The global oil market is signaling a potential shift, as traders and analysts worry about reduced crude demand and an oversupplied market in the coming months

India's economy likely slowed to annual 6.2% in July-Sept qtr: Poll

In April-June, Indian economy showed explosive growth of 13.5% from a year