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Centre woos semiconductor makers in quest to become key global player

India will provide support for companies looking to invest in semiconductor manufacturing, Prime Minister Narendra Modi said on Friday

Global shares rise as earnings boost, US dollar hits 20-year high

The yen dropped to a 20-year low after the Bank of Japan vowed to buy unlimited amounts of 10-year bonds daily to defend its yield target

Dollar hits 20-yr high, euro at 5-yr low as yen tumbles on dovish BOJ

The dollar shot past the key level of 130 yen after the BOJ strengthened its commitment to keep interest rates ultra-low

India's wheat export boom brings a bonanza to farmers, and budget relief

For international wheat markets, India's sales are helping offset a supply shortfall resulting from Ukraine-driven disruptions in Black Sea region, crop cuts in Canada, quality downgrades in Australia

India sweats over worst power cuts in six years during extreme heat

Extreme heat parched large swathes of South Asia this week after India's hottest March on record, prompting PM Narendra Modi to warn of rising fire risks as the country heats up too much too soon

Centre asks state-run companies to consider buying Russian oil assets

Oil ministry also asked OVL, the overseas investment arm of Oil and Natural Gas Corp, to consider buying a 30% stake held by Exxon Mobile Corp, in the Sakhalin 1 project in Russia's Far East

Indonesia industry body confident palm oil export ban could end in May

He added that a palm oil export target of 34 million tonnes in 2022 would be met

Unilever raises prices, warns of more hikes on cost pressures

Unilever, Carlsberg and Pernod Ricard are increasing the pressure on consumers worldwide with higher prices for Dove soap, beer and Havana Club rum

India sweats over worst power cuts in six years during extreme heat

Industrial disruption and widespread power cuts are bad news for corporate India, as economic activity has just started to pick up after months of stagnation

India should drop its high foreign liquor taxes, says France's Pernod

The 150% tax on imported liquor has long been a sore point for the industry, and poses a "large challenge" for Pernod Ricard, South Asia CEO Thibault Cuny said

Ukraine accuses Russia of stealing grain from occupied territory amid war

Asked about the allegations, the Kremlin said it had no information on the matter

Elon Musk's initial 9% stake purchase inTwitter under FTC scrutiny: Report

The FTC is looking into whether Musk complied with an antitrust reporting requirement when he bought his stake in the social media company in early April

India to launch open e-commerce network to take on Amazon, Walmart

The government's so-called ONDC platform will allow buyers and sellers to connect and transact with each other online, no matter what other application they use

US says Russia plans fake independence votes in seized Ukraine territory

Washington has said it hopes Ukrainian forces can not only repel Russia's assault on the east but also weaken its military so that it can no longer menace neighbours

Tata Motors aims to build 80,000 EVs this financial year: Report

That compares with the 19,000 EVs it built and sold in the last financial year

Volkswagen, BP could expand e-car charging alliance to other regions

Volkswagen also has European charging cooperations with Italy's Enel and Spain's Iberdrola, with Diess saying there would soon be an update on the latter alliance

Omicron, trade weigh on US economy in first qtr; GDP declines at 1.4% rate

The first decrease in gross domestic product in nearly two years was mostly driven by a wider trade deficit as imports surged, and a slowdown in the pace of inventory accumulation

Wall Street inches higher as Meta earnings offset GDP gloom; Dow up 90 pts

The slump in output reflected a wider trade deficit and moderate pace of inventory accumulation

Russia's Gazprom says 2021 net profit jumps to almost $28 billion

The company said its 2021 sales increased to 10.2 trillion roubles from 6.3 trillion roubles in 2020

Brexit: UK and EU at impasse over changes to Northern Ireland protocol

The two sides have been trying for months to overcome a deadlock over the Northern Ireland protocol, which sets the trading rules for the British region that London agreed before it left the EU