Page 835 - Reuters/workspace/business Standard Web/video

Putin says Russia to stop supplying energy if Western price caps imposed

Speaking at an economic forum in Vladivostok, Putin said European calls for a price cap on Russian gas were 'stupid', and would lead to higher global prices and economic problems in Europe

Amazon told to remove seatbelt alarm blockers in road safety push: Gadkari

Though the sale of the metal clips is not illegal, such devices and broader road safety issues have come under closer scrutiny after Cyrus Mistry recently died in a car crash

Tech firms, telcos in India urge central govt to control internet shutdowns

The government in 2019 had said emergency internet shutdowns were a matter for states in the interest of law and order

Musk can use whistleblower claims, but judge won't delay Twitter trial

Last month, whistleblower allegations provided Musk fresh ammunition to bolster what legal experts said was a long-shot attempt to walk away from the deal without paying a $1-bn termination fee

Oil price rises after Russia's Putin threatens to halt energy supply

Oil rebounded after President Vladimir Putin said on Wednesday that Russia will stop supplying gas and oil if price caps are imposed on Russia's energy resources

Gold prices edge up as weaker bond yields deflect rampant dollar

The U.S. dollar scaled a fresh 20-year peak, making greenback-priced gold less attractive for overseas buyers

Global stocks fall on Fed rate hike bets, yen drops to 24-year low

European stock markets opened in the red on Wednesday after US economic data prompted traders to ramp up Federal Reserve rate hikes bets, pushing the dollar to a 24-year high against the Japanese yen

Apple's new iPhones, watches are coming at a tough time for consumers

Apple will also likely keep some older or less advanced models at lower prices, and to date Apple's relatively affluent fan base has shown more willingness to keep spending despite high inflation

Putin blames Germany and West for Nord Stream 1 shutdown at economic forum

President Vladimir Putin said on Wednesday that Russia would resume gas supplies to Germany through the Nord Stream 1 pipeline as soon as a key turbine was returned

Standard Chartered raises India's current account deficit estimate to 3.8%

The British bank raised its CAD forecast for fiscal year ending March 2023 to 3.8% of India's GDP from its earlier estimate of 3.0%

India's overall forex reserves to shrink further this year: Deutsche Bank

India's overall foreign exchange reserves will deplete further this year due to a ballooning current account deficit and interventions by the central bank to support the rupee, Deutsche Bank said

Nayara Energy plans to shut its Vadinar refinery for maintenance from Nov 1

Indian refiner Nayara Energy, partly owned by Russian energy giant Rosneft, plans to fully shut its 400,000 barrels per day Vadinar refinery for about a month from November for routine maintenance

India's digital revolution offers investment opportunities to US, says FM

India's digital revolution offered investment opportunities for the United States, the South Asian country's finance minister said on Wednesday

Oil slides to 7-month low on renewed demand fears, rate hike expectations

Brent crude futures fell $1.08, or 1.2%, to $91.75 a barrel by 0644 GMT after slipping 3% in the previous session. The contract hit a session low of $91.20, the lowest since Feb. 18

Asian stocks fall after US economic data, disappointing China trade numbers

China's exports growth slowed in August, as surging inflation crimped overseas demand and fresh COVID curbs and heatwaves disrupted production, reviving downside risks for the economy

Oil falls to 7-month low on renewed demand fears, rate hike expectations

Oil prices fell more than $1 on Wednesday to their lowest since before Russia invaded Ukraine as COVID-19 curbs in top crude importer China and expectations of interest rate hikes spurred worries

China's trade falters as demand wanes at home, abroad amid rising inflation

China's exports and imports lost momentum in August with growth significantly missing forecasts as surging inflation crippled overseas demand and fresh COVID curbs and heatwaves disrupted output

Rural Indians join rush to study overseas as prospects dim at home

Many are applying for short courses in Canada and Australia driven by increasingly bleak job prospects at home and as Western governments loosen immigration requirements

Oil prices fall on renewed demand concerns, interest rate hike expectations

Oil prices fell on Wednesday as COVID-19 curbs in top crude importer China and expectations of further interest rate hikes fanned concerns of a global economic recession and lower fuel demand growth

Dollar hits 24-year peak against yen on bets for aggressive Fed tightening

The dollar hit a 24-year peak against the yen and reached new highs versus the Australian and New Zealand dollars on Wednesday after U.S. economic data reinforced the view on Fed policy tightening