Page 776 - Reuters/workspace/business Standard Web/video

Google challenges CCI's Android antitrust ruling in Supreme Court

The challenge comes after Google suffered a setback on Wednesday when an appeals tribunal rejected its request to block the antitrust ruling

Gold hits eight-month peak as dollar slips on US Fed slowdown bets

Higher interest rates dim bullion's appeal as an inflation hedge and raise the opportunity cost of holding the non-yielding asset

India's fuel demand hits 9-month high in Dec due to uptick in PV sales

On a daily basis, consumption of gasoline rose marginally in December compared to the previous month

President Joe Biden visits US-Mexico border as immigration issue hots up

The visit seemed designed to showcase a smooth operation to process legal migrants

'India needs to invest up to $100 bn annually more for 2070 net-zero goal'

Companies in India are already investing $65 billion-$100 billion to cut carbon emission from existing and new capacities

Delivery time gets longer for some Tesla models in China after discounts

The waiting time for orders of the rear-wheel-drive and long-range versions of Model Y was a week longer on Monday than it had been on Friday, Tesla's website showed

Oil prices surge over 3% on demand optimism as China's borders reopen

Brent crude was up $1.96, or 2.5%, at $80.53 a barrel by 1450 GMT while U.S. West Texas Intermediate crude rose $2.10, or 2.9%, to $75.87

IDBI Bank gets domestic, global bids for stake sale, says Dipam secy

On Saturday, the government said it got multiple bids for the majority stake in IDBI Bank

Fixed income returns in India to surge, prompt higher investments: Analysts

Meanwhile, returns stagnated in 2020 and 2021 with low yields, after the pandemic led to massive rate cuts

European stock indexes rise on 'soft landing' hopes, China reopening

The euro was up 0.3% at around $1.0673, versus a 1.2% jump on Friday

Govt asks utilities to import 6% of their coal need until September

India's power ministry has asked utilities to import 6% of their coal requirement until September, according to letter seen by Reuters

Ocugen-Bharat Biotech Covid vaccine meets main goals in US trial: Report

Ocugen Inc said on Monday the COVID-19 vaccine developed by its Indian partner Bharat Biotech International Ltd met the main goals of a trial in the United States

Dollar slips near 7-month low after US jobs data; labour market still tight

Fed fund futures now show investors believe the most likely outcome for the Fed's February meeting is for a 25-basis point increase

Budget to be fiscally prudent without losing growth focus: DBS economist

DBS Bank expects the government to target a fiscal deficit of 5.8-5.9% of gross domestic product (GDP) in 2023/24 as against the 6.4% outlined for this financial year ending on March 31

India's thermal coal imports up nearly 15% in 2022, says Coalmint

Indian imports of petcoke, mostly used by cement plants, doubled to 9.77 million tonnes in 2022 as they were cheaper compared with coal, whose prices hit record highs following Russia's invasion

Asia-Pacific shares rise on US rate bets, China's borders reopening

Asian shares rallied on Monday as hopes for less aggressive U.S. rate hikes and the opening of China's borders bolstered the outlook for the global economy

The US Dollar tentative as investors assess rate-hike path, says data

The U.S. dollar was steady on Monday as investors digested a clutch of economic data released last week that stoked hopes of the Federal Reserve slowing the pace of its interest rate hikes

Seattle public schools blame tech giants for social media harm in lawsuit

Seattle's public school district filed a lawsuit against Big Tech claiming that companies were responsible for a worsening mental health crisis among students

China reopens borders for travellers in final farewell to zero-Covid

Long queues formed at the Hong Kong international airport's check-in counters for flights to mainland cities including Beijing, Tianjin, and Xiamen

Mercedes expects double-digit growth in India this year despite weak rupee

Mercedes plans to launch 10 new cars in India in 2023, most costing more than 10 million rupees ($120,000)