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With giant mall, Reliance sets sights on next gold rush: luxury goods

Reliance wishes to utlise its strength in a sector where it sees huge prospect. Luxury goods are Reliance's next target market, according to market pundits and analysts.

LIC may file preliminary IPO prospectus today, price band on Wednesday

LIC management and the investment bankers will embark on road shows in six cities across India - including Mumbai, New Delhi, Bengaluru, Ahmedabad, Rajkot, Kolkata

Cryptoverse: Ether prepares for epic 'merge' in quest to eclipse bitcoin

The anticipation had supported ether this year, even as inflation and monetary tightening shackled bitcoin

India says Tesla should not import cars from China for domestic sale

"Making in China and selling here is not a good proposition," the minister, Nitin Gadkari, said during a government conference

Gold regains some ground as US treasury yields, dollar edge lower

The dollar eased from a two-year high scaled in the previous session, making greenback-priced gold cheaper

Russia and India in talks to restart coking coal supplies: Report

Imports make up around 85% of India's overall coking coal needs, which total 50-55 million tonnes a year, and New Delhi last year signed a deal to import from Russia.

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

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