Page 49 - Reuters

Oil dips after IMF says slowing global growth engines portend tougher 2023

Oil prices slid from their highest levels in a month on a stronger dollar and after the head of the International Monetary Fund warned of a tougher 2023

India raises windfall tax on crude oil, diesel and aviation turbine fuel

It raised windfall tax on crude oil to Rs 2,100 ($25.38) per tonne from Rs 1,700 ($20.55), effective Tuesday, the order said

IIFL Finance to raise funds via public issue of non-convertible debentures

The issue, which also has a greenshoe option to retain an oversubscription of 9 billion rupees, will open for subscription on Friday and close on Jan. 18

Edelweiss Financial Services to raise Rs 200 cr via public issue of NCDs

The company's public issue will open for subscription on Tuesday and will close on Jan. 23

Utility vehicles sales rise in Dec, demand for entry-level cars muted

Utility vehicles (UV), among the fastest-growing segments, saw a 22.3% rise in sales at Maruti Suzuki India and 62.2% at Mahindra and Mahindra

Canara Bank plans to raise funds through sale of certificates of deposit

The notes are rated A1+ by CRISIL

Rupee at 82.5750, gains on speculators bets, lack of cash dollar demand

Rupee was trading higher against the US dollar, helped by likely position building and lack of cash dollar demand

India's December manufacturing PMI expands to 57.8; highest in over 2 yrs

Monday's data cemented the view Asia's third-largest economy is better placed than many other emerging economies to weather the impact of a potential global recession

Global economy faces tougher year in 2023: IMF's Kristalina Georgieva

"Why? Because the three big economies - the US, EU and China - are all slowing down simultaneously," she said

Global economy faces tougher year in 2023, IMF chief Georgieva warns

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the US, Europe and China - all experience weakening activity, the head of the IMF said