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Airbus CEO Faury meets PM Modi, pledges deeper industrial ties with India

Airbus plans to deepen its industrial presence in India, Chief Executive Guillaume Faury said after meeting PM Modi

Zero Covid-19 deaths, says China, but panic spreads across globe

Dozens of hearses queue outside Beijing crematoria; firms suffer supply snags, demand falls as cases spread

Global shares regaining stability, but face most monthly losses since 2008

Decision by the BOJ, the last dove of the major central banks, has added to concern among investors about how impact of rising interest rates and persistent inflation will affect the global economy

Foreign investors buy Indian equities in Dec first half even as stocks slip

Foreign investors have latched on to domestic equities between Oct. 15 and Dec. 15 and are on course to become net buyers for two consecutive months

India to bolster carbon trading market with stabilisation fund: Sources

Money in the fund would be used by a market regulator to buy carbon credits if prices fell too low, an officials said

Russia's Rosatom sends 'more advanced' fuel option for Indian nuclear plant

Russia's state-owned nuclear energy company Rosatom earlier this year sent a "more advanced" fuel option for a nuclear power plant in southern India, an Indian government minister told parliament

Washington trip tops Ukrainian prez Zelenskyy's list of surprise war moves

President since 2019, Zelenskiy has made it a point of his leadership to stay in his battered country, close to the people and soldiers fighting in a war

China will work to promote strategic partnership, Xi tells Australian PM

Diplomatic ties between Australia and its major trading partner China deteriorated in recent years, with Beijing imposing sanctions on Australian exports

25 militants killed in Pak army raid on detention centre; one hostage dies

After talks failed to resolve a two-day standoff, army commandos stormed the centre on Tuesday. Ten soldiers, including three officers, were also wounded

Rupee premiums likely to stay above 2% after RBI's push, says report

The RBI looks comfortable with the current level of forward premiums, especially since it has lifted informal restrictions on banks for trading in the non-deliverable forward (NDF) market

Oil prices up as US crude stocks seen falling, dollar eases in early trade

Brent crude futures rose 8 cents to $80.07 per barrel by 0126 GMT, while US West Texas Intermediate (WTI) crude futures gained 6 cents to $76.29

Twitter hit with dozens of legal complaints by laid-off employees

The arbitration demands accuse Twitter of sex discrimination, breach of contract, and illegally terminating employees who were on medical or parental leave

Stocks, bonds fall as BOJ's surprise policy shift spooks investors

The Bank of Japan (BOJ) widened the allowable band for long-term yields to 50 basis points either side of its 0% target, from 25 basis points previously

Twitter hit with dozens of legal complaints by ex-employees post layoffs

Twitter laid off roughly 3,700 employees in early November in a cost-cutting measure by Musk, who paid $44 billion to acquire the social media platform, and hundreds more subsequently resigned

Indian shares trim losses on IT recovery; recession fears linger

Indian shares pared most of the losses in the final hour helped by rebound in IT stocks, while recession worries and a surge in Covid-19 cases in China continued to dampen sentiment

Govt plans tax waivers for IDBI Bank buyer to attract more suitors: Report

The government's planned tax waiver will allow a potential buyer to avoid this levy

China's withdrawal of Covid curbs could lead to over 2 mn deaths: Experts

New analyses by various modelling groups predict the reopening could result in as many as 2.1 million deaths

Cryptoverse: Bidding adieu to 2022, the year that broke bitcoin by 60%

Crypto funds have seen net inflows of $498 million in 2022, versus $9.1 billion in 2021

Bill Gates upbeat on climate innovation even if 1.5 deg C goal out of reach

Given "the overall scale of our industrial economy, we're going to have to do mind-blowing work to stay below 2 degrees," he said

Centre set to offer wheat to millers, biscuit makers to tame prices: Report

Wheat prices have surged in India this year after a sudden rise in temperatures hit crop yields and output