Page 2 - Reuters

From fast food to autos, India's digitally connected users lure investors

With the cheapest mobile data rates in the world and the explosive growth of social media and personal entertainment, Indian consumers are going digital at a breakneck pace

Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe

"Japan's 15 years of deflation has created a strong perception among the public that prices and wages won't rise," Kuroda, 78, told a news conference

Bank of Japan's Haruhiko Kuroda bows out after decade of shock and awe

"Japan's 15 years of deflation has created a strong perception among the public that prices and wages won't rise," Kuroda, 78, told a news conference

Airbus deliveries down 11% to 127 jets in Q1, supply chain issues to blame

Airbus last year clawed back two deliveries to reflect Western sanctions on Russia

Tesla slashes prices of its electric vehicles in US to spur demand

Tesla doubling down on a discount drive against the backdrop of a weakening economy

Buildup to ODI World Cup clouded by India-Pakistan relations: Report

Delay is in stark contrast to the 2019 event when dates and venues for the tournament in England and Wales were announced more than a year out in keeping with usual practice for major sporting events

Power generation grows at fastest pace in 33 years, fuelled by coal

Output from plants running on fossil fuels rose 11.2 per cent, the quickest growth in over three decades, thanks to a 12.4 per cent surge in electricity production from coal

Embattled Adani Group trumpets stable ties with international lenders

Several of the banks already have business relationships with the group, ties which the conglomerate has previously pointed to as a sign of its strength to counter Hindenburg's allegations

McKinsey shutting down restructuring business, reports Wall Street Journal

Some partners in the restructuring unit, called McKinsey RTS, were laid off and others are being absorbed into other practices, the report added

Finland becomes member of Nato, Russia threatens 'counter-measures'

Finland's accession roughly doubles the length of the border that Nato shares with Russia and bolsters its eastern flank as the war in Ukraine grinds on with no resolution in sight

Oil price stable as markets weigh OPEC+ surprise cuts amid demand woes

The latest pledges bring the total volume of cuts by Opec+ to 3.66 million bpd, including a 2 million barrel cut last October, equal to about 3.7 per cent of global demand

Richard Branson's Virgin Orbit files for bankruptcy, to seek buyer

Virgin Orbit's strategy has been that launching small rockets from a 747 in flight would allow for short-notice launches from anywhere

Australia pauses rate hikes to assess tightening impact, inflation in focus

In March, two-wheelers, three-wheelers, passenger vehicles and commercial vehicles saw a growth of 12 per cent, 69 per cent, 14 per cent, and 10 per cent, respectively

Truly sorry that we could not keep the trust, says Credit Suisse chairman

After years of scandal and losses, Credit Suisse came to the brink of collapse before UBS rode to the rescue with a merger engineered and bankrolled by the Swiss authorities

India's surging services exports may shield economy from external risks

India's services exports rose 24.5% on year in October-December 2022, hitting a record $83.4 billion during the quarter, shows data

In surprise move, Opec+ cuts daily oil output by over 1 million barrel

The move would likely raise prices at the pump, further straining relations between Riyadh and Washington as the world copes with inflation fuelled in part by the war in Ukraine

Netflix restructures film group as it scales back movie output: Report

As part of the restructuring, Netflix will combine its small and mid-sized picture productions units, cut a few jobs, scale back its output to ensure high quality titles and centralise decision-making

At $578.78 bn, India's forex reserves rise to over eight-month high

That is an increase of $5.98 billion from the previous week

FTSE Russell keeps India on watch list post latest govt bond index review

India and Switzerland have been on watch since 2021 for possible inclusion in the FTSE Emerging Markets Government Bond Index (EMGBI) and World Government Bond Index (WGBI) respectively

Microsoft's cloud practices anti-competitive, says Alphabet's Google

There is intense rivalry between the two US tech giants in the fast-growing, multi-billion-dollar cloud computing business, where Google trails market leader Amazon and Microsoft