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China's central bank vows faster policy response to economic conditions

The world's No.2 economy has faced pressure this year due to U.S. President Donald Trump's imposition of tariffs on Chinese products and persistent deflationary pressure at home

Govt urges state-run banks to boost lending amid economic growth push

Financial Services secretary M. Nagaraju said banks were also urged to boost credit to small businesses and improve deposit mobilisation, following a review meeting chaired by FM Nirmala Sitharaman

SBI likely to kick off debt fundraising by August via tier II bond issue

SBI has not tapped the bond market in the first half of 2025 and shelved a plan to issue infrastructure bonds in March due to elevated yields

Asia shares hit over three year high; dollar struggles on Fed concerns

Stock indexes worldwide look set to end the week on a positive note, with worries about tensions in the Middle East and uncertainty over tariffs and trade deals on the backburner for now

SoftBank aims to become top artificial super intelligence platform provider

SoftBank Group CEO likened his aim to the position of dominant technology platform providers such as Microsoft, Amazon and Alphabet's Google, which benefit from a "winner takes all" dynamic

India's economy to hold top spot for growth, but weaknesses remain: Poll

Private sector spending is still trailing far behind, and analysts generally agree the economy is still failing to create enough quality jobs for its large young population

Govt denies entry to UN aviation investigator in Air India crash probe

Earlier this week, the United Nations aviation agency took the unusual step of offering India one of its investigators to provide assistance following the Boeing 787-8 Dreamliner crash

Damaged unit at Iran's South Pars refinery resumes operations: Report

Iran is the world's third largest gas producer after the United States and Russia

Monsoon to cover entire India in next 3-4 days, earlier than expected

The monsoon, the lifeblood of India's nearly $4 trillion economy, delivers almost 70 per cent of the rainfall needed to water farms and replenish aquifers and reservoirs

European Union raises 2025-26 soft wheat crop forecast to 128.2 mn tonnes

The Commission made upward revisions for Romania and Spain, where plentiful rainfall in recent months has boosted crop conditions

Tesla executive Omead Afshar, Elon Musk confidant, leaves company: Report

Afshar, who was part of the CEO's office at Tesla, had started overseeing sales and manufacturing operations in Europe and North America last year

Jefferson Capital valued at $1.2 billion after strong Nasdaq debut

The US IPO market has recovered in recent weeks after President Donald Trump's shifting trade policies rattled investors and froze new listings earlier this year

S&P 500, Nasdaq near record highs as interest rate-cut bets creep up

The benchmark S&P 500 and tech-led Nasdaq were about 1% below their all-time peaks at Wednesday's close, following a truce in the Middle East conflict

US jobless claims dip, but rising benefit rolls hint higher unemployment

Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 236,000 for the week ended June 21, the Labor Department said on Thursday

RBI bond holdings hit record high, may ease in months ahead, say traders

The RBI's bond holdings rose to 12.78per cent of the outstanding issuances as of March-end from 10.55 per cent at December-end, according to RBI data

Oil refiners' May crude processing edges up 0.4% from a year earlier

India's fuel demand in May rose to its highest in more than a year, while crude oil imports reached a record high of 23.32 million metric tonnes

Trump wants more drones, missiles, fewer F-35s in $893 bn budget request

The budget, which also includes nuclear weapons-related activities carried out by the Department of Energy and increases funding for homeland security

Asian stocks dip, dollar weakens as Trump escalates attack on Powell

Markets have been soothed by a ceasefire between Israel and Iran that appeared to be holding, reducing the risks of disruptions to the global oil trade and underpinning sentiment

China, India cut Indonesian coal imports, shift to higher-grade supply

Coal purchases by China and India from Indonesia, world's biggest exporter, are dropping faster than their overall thermal coal imports, as both nations shift toward higher-calorific value (CV) coal

Iran's uranium may have survived Israeli, US attacks: UN nuclear chief

The IAEA says no other country has enriched to such a high level without producing nuclear weapons, and Western powers say there is no civil justification for it