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Russia's Gazprom seeks gas payments in euros from GAIL: Report

GAIL has a long-term gas import deal with Gazprom Marketing & Trading Singapore to annually buy 2.5 million tonnes of liquefied natural gas and has been settling trade with Gazprom in dollars

India could restrict sugar exports for first time in six years: Report

Govt wants to ensure ample supply during festive season, say sources; sugar companies' stocks slide

Jhunjhunwala-backed Akasa Air plans first commercial flight in June

The airline aims to have 18 aircraft within 12 months from launch and will have 72 planes in five years, says CEO Vinay Dube

Oil prices rebound after reports of fire at Saudi Aramco facility

A huge plume of black smoke was seen rising in Jeddah where oil giant Aramco has several oil facilities, witnesses said on Friday

Oil slips as Kazakh supply concerns ease, EU at odds on Russia embargo

Brent crude fell $1.29, or 1.1%, to $117.74 a barrel at 1049 GMT and U.S

Wall Street steadies as market focuses on rate outlook, Ukraine

Treasury yields rose as markets evaluated the possibility of bigger U.S. interest rates in store and the impact of Russia's war in Ukraine

Investors dump emerging market funds on slowdown worries

According to Refinitiv Lipper, a cumulative $8.1 billion has flowed out of EM equity funds and $5.73 billion from bond funds in the past four weeks

Euro edges higher as focus on Ukraine, yen rebounds vs dollar

The euro was edging higher on Friday, but concerns about a potential slowdown of the economy kept it in a tight range

Oil slips with some concerns easing over Kazakhstan's CPC terminal supplies

With global stockpiles at their lowest since 2014, analysts said the market remained vulnerable to any supply shock

Gold prices set for weekly gain as Russia-Ukraine conflict deepens

Rising tensions in Ukraine stoked geopolitical uncertainty and demand for safe-haven assets such as gold

When it comes to oil, the global economy is still hooked: An analysis

The world may be less dependent on oil now than it was during the energy shocks of the 1970s, but the Ukraine conflict is stark evidence of a stubborn craving for oil

World stocks set for consecutive weekly gains for first time in 2022

The broader dollar index took a breather on Friday but was on track for a small weekly gain

EU leaders to discuss ways to bring energy prices down: Belgium PM

Belgium's PM that European leaders would discuss measures to reduce the impact of high energy prices on consumers as the war in Ukraine was "ruining" the EU's population

World stocks set for consecutive weekly gains for first time in 2022

World stocks are headed for a second consecutive week of gains for the first time in 2022 though sentiment was broadly cautious as markets evaluated the economic risks from the Fed Reserve's policy

New rules for US tech giants to come into force in October: EU's Vestager

Tough new rules targeting US tech giants agreed late on Thursday are expected to come into force in October, EU antitrust chief Margrethe Vestager said

Vistara in talks with lessors to fill long-haul gap amid 787 delays

Vistara is in talks with lessors about getting long-haul planes to cover a gap left by delays in Boeing 787 deliveries, chief executive Vinod Kannan said

Ukrainian forces advance east of Kyiv as Russian troops fall back

Ukrainian troops are recapturing towns east of the capital Kyiv and Russian forces who had been trying to sieze the city are falling back on their overextended supply lines, Britain said

Maldives ex-president Yameen plots comeback with 'India Out' campaign

A former Maldives president jailed on corruption charges has returned to politics with a campaign against Indian influence in the country, worrying New Delhi, which is battling China

Yen bounces as BoJ drags heels on bond buying; export prices remain high

After touching a six-year low of 122.44 per dollar in the morning, by the Tokyo afternoon the yen had snapped a five-day losing streak and was up as far at 1% to 121.18

India could restrict sugar exports to augment local stocks: Report

India is considering restrictions on sugar exports for the first time in six years and may cap exports at around 8 million tonnes in an effort to prevent domestic prices surging