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India sets 19 mn tonnes end-June coal import targets as power woes mount

The move, which marks first time the country is issuing timelines for imports, can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April.

India falls 7.6% short of coal supply targets in April even as output rise

India faced its worst power crisis in over six years in April as demand hit a record high

Stocks up, US yields at 3% as markets ready for Fed Reserve rate hike

On Thursday, the Bank of England is expected to raise rates for the fourth time in a row

Oil slips on China demand concerns while EU weighs Russia oil ban

Both benchmark contracts rose more than 40 cents on Monday and extended those gains modestly in early trade on Tuesday

Gold prices pinned near 2-1/2-month low as investors await Fed meeting

Bullion is seen as a safe store of value during times of economic and political crises.

Musk says he wants to boost Twitter use from 'niche' to most Americans

Musk has signed a deal to buy Twitter for $44 billion, raising questions among employees and the public about his strategy for running the social media network.

Oil prices climb as European Union gets set to ban Russian crude

The European Commission is expected to finalise work on Tuesday on a sixth package of European Union (EU) sanctions against Russia over its actions in Ukraine

Private school aspiration increasingly out of reach as inflation bites

Many private schools have raised fees and other charges by more than 15% this year, said Aparajita Gautam, president of the Delhi Parents Association

US stocks gain in seesaw session, benchmark Treasury yield hits 3%

All three major US stock indexes gyrated between positive and negative territory throughout the session, and the 10-year Treasury yield touched its highest level in more than three years.

New Jet Set: How Covid-driven boom in private jets is still flying high

Business jets were often associated with entertainers, top executives. They now account for a quarter of US flights, roughly twice the pre-pandemic share, according to research and consultancy WINGX

Dollar approaches 20-year highs, US Federal Reserve meeting in focus

The Fed has taken an increasingly aggressive approach to monetary policy as it tackles inflation that is soaring at its fastest pace in 40 years

After 5 record crops, heatwave threatens India's wheat output, export plans

Cashing in on a rally in global wheat prices after Russia invaded Ukraine, India exported a record 7.85 million tonnes in the fiscal year to March - up 275% from the previous year

Gold prices decline 2% as yields, dollar gain ahead of Fed meeting

Investors keep a close eye on the U.S. central bank's Federal Open Market Committee's two-day meeting scheduled to begin on May 3.

Wall Street slides, 10-year Treasury yields cross 3% as Fed rate hike looms

All three major U.S. stock indexes reversed earlier gains as 10-year Treasury yield reached the 3% mark for the first time in more than three years.

Amazon to reimburse US employees who travel for abortions, other treatments

shows how companies are eager to retain and attract talent in locations that remain important to their operations despite legal changes impacting employees' health

European Union charges Apple for keeping rivals away from its pay tech

Apple could face a fine up to 10 per cent of its global turnover or $36.6 billion based on its revenue last year, though EU penalties rarely reach the cap

Wall Street falls as focus turns to Fed meet; Dow Jones down 140 points

Amazon.com slid 3.2%, adding to a 14% drop on Friday after a gloomy quarterly report

Oil prices fall on China growth worries, EU weighs Russian crude ban

Markets in Japan, Britain, India and across Southeast Asia were closed for public holidays on Monday

US Dollar rises towards 20-year high, euro dips after weak data

Markets are pricing in an aggressive run of rate hikes from the Fed as it tries to tame soaring inflation

The New Jet Set: How Covid-driven boom in private jets is still flying high

Airlines had an 80% share of premium travel in 2021, down from 90% before Covid-19, according to Alton Aviation Consultancy