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RBI to hike repo rate in June, earlier than previously thought: Poll

RBI Repo rate hike: Retail inflation will likely soar further as a spike in global energy prices since Russia's invasion of Ukraine seeps into consumer prices

Dollar ascends amid China's Covid-19 fears, Fed rate hike pace meanwhile

The price of the US Dollar has ascended amid China's fear on another impending wave of Covid-19 in the country. Meanwhile Fed rates have also peaked up.

India's petcoke imports seen doubling amid soaring global coal prices

Global coal prices are near record highs due to fears of a supply crunch following the European Commission's decision to ban coal imports from Russia after its invasion of Ukraine

Fears of global slowdown hit global equities, EU stocks, commodity prices

Asian markets had suffered their worst day in over a month overnight on fears that Beijing was about to go back into a Covid-19 lockdown

French President Macron pledges to tackle 'doubts and divisions' after win

Emmanuel Macron is the first French president to be re-elected in 20 years

Twitter set to accept Elon Musk's $43 bn 'best and final' offer

Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction.

Elon Musk clinches deal to buy Twitter for $44 billion

Twitter's shares were up about 6% following the news

India buys more than double '21 total of Russian oil since war

Refiners in India have placed orders for at least 40 million barrels of Russian oil since the invasion on Feb. 24

China cuts banks foreign reserve requirement ratio to support yuan

The PBOC previously raised the FX reserve ratio for financial institutions by 200 basis points in December 2021, to rein in a rising yuan and make it more expensive for banks to hold dollars

Ukraine can win war with right kind of arms: Pentagon chief Lloyd Austin

Blinken said the US will reopen its embassy in Ukraine soon and that Russia had failed and Ukraine had succeeded in terms of "war aims", and promised more military aid

India's petcoke imports seen doubling amid soaring global coal prices

Global coal prices are near record highs due to fears of a supply crunch following the European Commission's decision to ban coal imports from Russia after its invasion of Ukraine

Biden names veteran diplomat Bridget Brink as US ambassador to Ukraine

A Michigan native who speaks Russian, Brink's 'decades of experience make her uniquely suited for this moment in Ukraine's history,' a State Department statement said

Ukraine war: Putin accuses West of 'terror', tells prosecutors to be tough

Speaking to Russia's top prosecutors and watched by his defence minister, Putin accused the West of inciting Ukraine to plan attacks on Russian journalists - an allegation denied by Kyiv

Cash shifts pull rug under global equity markets, say strategists

World stocks recorded their worst quarter this year since the coronavirus pandemic unleashed havoc in March 2020, while US stocks are down nearly 12% from its peak earlier this year

Covid-19: Beijing shoppers throng stores as district starts mass testing

Since Friday, Beijing has reported 70 locally transmitted cases in eight of its 16 districts, with Chaoyang accounting for 46 of the total, said a local health official on Monday

Coca-Cola results exceed expectations on higher prices, stable demand

Analysts and companies have warned that demand could slow as the Ukraine war and Indonesia's ban on palm oil exports result in higher global food prices

TikTok owner ByteDance appoints lawyer Julie Gao as new CFO; to join in May

Gao has advised on ByteDance's acquisitions of Musical.ly, which was later integrated into TikTok, and Shanghai-based gaming studio Moonton

Two-thirds of workers might seek new jobs if forced back to office: Survey

The findings track US data showing high levels of job turnover, as well as near-record vacancies as firms struggle to recruit and hold onto workers

Macron re-election has no immediate effect on France's credit rating: S&P

Although the still-divided political landscape could see economic reforms watered down, S&P Global said

Gold falls to four-week low amid rate hike jitters, robust dollar

Spot gold fell 0.7% to $1,916.17 per ounce by 0922 GMT, earlier hitting its lowest since March 29 at $1,911.80