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Nepal should engage in monetary tightening to bolster forex, says IMF

Nepal, a landlocked country between China and India, has banned luxury goods imports until mid-July to rein in capital outflows

HSBC and Ping An executives plan to discuss breakup proposal

HSBC earned 52% of last year's total revenue of $49.6 billion from Asia and 65% of its reported profit before tax came from the region

Google picks ex-civil servant Archana Gulati as India policy head: Report

Gulati worked until March 2021 as a joint secretary for digital communications at Niti Aayog, the government's policy think tank.

UK accounting watchdog probes audits of Sanjeev Gupta-owned metal firms

The FRC said it made the decision to investigate the audits in February, but gave no further information

Musk says Twitter may charge slight fee for commercial, government users

"Twitter will always be free for casual users, but maybe a slight cost for commercial/government users," Musk said in a tweet

Indian shares extend losses after central bank's surprise rate hike

Indian shares extended losses on Wednesday after the country's central bank announced a surprise increase in key policy rate. The NSE Nifty 50 index was down 1.7% at 16,780

US Dollar just off 20-year highs, rally hinges on Fed signals

Money markets are betting the Fed will raise rates as high as 3.6% by end-2023 to tame inflation at 40-year highs.

Oil bounces higher ahead of Fed moves, EU sanctions on Russian oil

The gains came on the back of news from Tuesday that the European Union would slap new sanctions on Russia for waging war on Ukraine

Gold prices fall as yields gain in run up to Fed rate hike decision

Benchmark US 10-year Treasury yields firmed after backing off the key 3% mark in the previous session

India sets end-June as coal import target as power crisis mounts

The move can put pressure on the global prices of coal as the utilities rush to avoid a repeat of the electricity crisis in April

Oil prices climb 1% after US crude, fuel stocks signal tighter supply

The gains come on the back of news from Tuesday that the European Union is working on new sanctions against Russia for waging war on Ukraine that will target Moscow's oil industry.

Oil prices gain 1% after US crude stocks signal tighter supply

The gains come on the back of news from Tuesday that the European Union is working on new sanctions against Russia for waging war on Ukraine that will target Moscow's oil industry.

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.

Russian President Vladimir Putin orders retaliatory sanctions against West

May soon officially declare war on Ukraine: US, Western officials

Gold hovers near 2-1/2-month low; investors focus on Fed rate decision

Spot gold was flat $1,863.16 per ounce by 1144 GMT, after touching its lowest since Feb 16 of $1,849.90 earlier.

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.