Connecting Businesses with Opportunities in India

Reuters: Money News

Subscribe to Reuters: Money News feed Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 54 sec ago

Singapore considers cut to growth forecast as trade war hits exports

42 min 22 sec ago
Singapore's central bank is reviewing its 1.5-2.5% economic growth forecast for this year and isn't ruling out off-cycle monetary easing as the U.S.-China trade war roils the export-dependent economy, its chief Ravi Menon said on Thursday.
Categories: India News

India gets 24% below-average rainfall this week: IMD

50 min 41 sec ago
India's monsoon rains were 24% below average in the week ended June 26, the weather office said on Thursday, as the seasonal rainfall was scanty over central and western parts of the country.
Categories: India News

Huawei shrugs off Verizon patent talks as 'common' business

1 hour 15 min ago
Huawei said its patent talks with U.S. carrier Verizon is "common" business activity and such negotiations should not be politicised, days after a senator filed legislation to prevent the Chinese firm from seeking damages in American courts.
Categories: India News

Gold subdued as focus turns to U.S.-China trade talks

1 hour 20 min ago
Gold prices inched lower on Thursday following a steep fall in the previous session, as investors waited on any Sino-U.S. trade developments later this week, while bulls rolled back expectations of big U.S. interest rate cuts.
Categories: India News

FSSAI calls for visible labelling of packaged foods

1 hour 45 min ago
The Food Safety and Standards Authority of India (FSSAI) has issued draft regulations aiming to mandate packaged food companies to label high fat, sugar and salt contents in front of the package itself in red colour.
Categories: India News

Slumbering FX confounds traders, prompts fear of rude awakening

1 hour 45 min ago
Currency markets are so listless, the head of European foreign exchange sales at Nomura has taken to selling bonds instead.
Categories: India News

Weaning U.S. power sector off fossil fuels would cost $4.7 trillion: study

1 hour 50 min ago
Eliminating fossil fuels from the U.S. power sector, a key goal of the "Green New Deal" backed by many Democratic presidential candidates, would cost $4.7 trillion and pose massive economic and social challenges, according to a report released on Thursday by energy research firm Wood Mackenzie.
Categories: India News

Trump says India's tariff hike unacceptable, demands withdrawal

1 hour 56 min ago
U.S. President Donald Trump on Thursday asked India to withdraw retaliatory tariffs that New Delhi imposed this month, calling the duties "unacceptable".
Categories: India News

France's Macron says no need to lower government's stake in Renault

2 hours 37 min ago
French President Emmanuel Macron said on Thursday there was no need for the government to lower its stake in Renault and that he wanted the Renault-Nissan alliance to work on strengthening its synergies.
Categories: India News

Gold subdued as focus shifts to U.S.-China trade talks

2 hours 45 min ago
Gold prices were little changed on Thursday following a steep fall in the previous session, as investors waited on any Sino-U.S. trade developments later this week, while bulls rolled back hopes of big U.S. interest rate cuts.
Categories: India News

China's industrial profits rise 1.1% in May as sales quicken

2 hours 47 min ago
Bolstered by improving sales and better margins, profits for China's industrial companies rose in May, bucking a months-long downtrend.
Categories: India News

U.S. President Trump says India's recent tariff hike unacceptable

3 hours 5 sec ago
U.S. President Donald Trump looks forward to speaking with Indian Prime Minister Narendra Modi about a recent increase in its already high tariffs against the United States, he said on the social network Twitter on Thursday.
Categories: India News

U.S., China agree tentative trade truce ahead of G20 summit: SCMP

Wed, 06/26/2019 - 11:35pm
The United States and China have agreed to a tentative truce in their trade dispute ahead of a meeting between leaders of the two nations at the G20 summit this weekend, the South China Morning Post reported on Thursday, citing sources.
Categories: India News

Oil prices fall, shrugging off U.S. inventory drop, amid G20 uncertainty

Wed, 06/26/2019 - 11:28pm
Oil fell on Thursday, erasing some of the previous session's strong gains, as traders await the G20 summit in Japan and a meeting of OPEC and other oil producers to decide on an extension of output cuts.
Categories: India News

Global Markets: Asian shares creep higher on hopes of Sino-U.S. trade truce

Wed, 06/26/2019 - 11:10pm
Asian share markets turned higher on Thursday following a media report the United States and China have tentatively agreed to a truce in their trade war, ahead of a closely-watched meeting between the two nations this weekend.
Categories: India News

To dodge trade war, Chinese exporters shift production to low-cost nations

Wed, 06/26/2019 - 11:07pm
Pressured by a labour crunch and rising wages in China, Shu Ke'an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.
Categories: India News

Huawei says it got over $1.4 billion in licensing revenue since 2015

Wed, 06/26/2019 - 11:02pm
Huawei Technologies said it has received over $1.4 billion in licensing revenue since 2015 and paid more than $6 billion in royalties to legally implement intellectual property of other companies.
Categories: India News

Dollar holds gains vs yen, jitters prevail ahead of G20

Wed, 06/26/2019 - 9:36pm
The dollar hovered near a one-week high against the yen on Thursday, propped up by hopes of Sino-U.S. trade talk progress though investors were nonetheless cautious ahead of a meeting between leaders of the two powers in Japan in days ahead.
Categories: India News

Global Markets: Asian shares going nowhere as G20 looms large

Wed, 06/26/2019 - 8:50pm
Asian markets were busy going nowhere on Thursday as confusion shrouded the chances of any progress in the Sino-U.S. trade standoff, while bulls scaled back wagers for a drastic cut in U.S. interest rates.
Categories: India News

Tata Chemicals plans first UK industrial carbon capture demo plant

Wed, 06/26/2019 - 7:13pm
Tata Chemicals Europe (TCE) plans to build Britain's first industrial-scale carbon capture and utilisation (CCU) demonstration plant to trap emissions for use in sodium carbonate manufacturing, the firm said on Thursday.
Categories: India News

Pages