Federal Government

”Feedback from the market participants is that a borrowing of 15.5-16 trillion rupees can be absorbed well in the next financial year,” one of the officials told Reuters.

India RBI likely to set 7.23% cutoff yield on new 10-year bond: Reuters poll

India’s federal government is also selling 40 billion rupees of a 6.69% 2024 bond, 70 billion rupees of a 7.10% 2029 bond and 90 billion rupees of a 6.95% 2061 bond.

Donald Trump administration unveils order to prioritize and promote AI

Under the American AI Initiative, the administration will direct agencies to prioritize AI investments in research and development, increase access to federal data and models for that research and prepare workers to adapt to the era of AI.

Judge gives extension to Trump lawyers in travel ban suit

A federal judge in Seattle granted a two-week extension to the Justice Department in a lawsuit alleging that President Donald Trump's immigration order is blocking efforts by legal residents to reunite with their children who are trapped in war-torn countries.

Trump administration blocks changes on coal mining royalties

The Interior Department has put on hold changes to how the federal government values huge volumes of coal extracted from public lands, primarily in the Western United States, after mining companies challenged the agency in federal court.

Maharashtra imposes limits on sugar stocks

Maharashtra issued late on Thursday an order that prohibits traders from holding more than 500 tonnes of sugar. The federal government asked states last month to impose the limit to avoid hoarding.

Lawsuit filed seeking transparency in US' H-1B visa lottery

The lawsuit has been filed by American Immigration Council and American Immigration Lawyers Association (AILA) against Department of Homeland Security and US Citizenship and Immigration Services (USCIS) seeking information about the government's administration of the H-1B lottery.

ITC shuts cigarette plants from May 4

India's top court told tobacco companies on Wednesday they must adhere to a new federal rule requiring much larger health warnings on cigarette packs, in a major setback for the USD 11 billion industry.

Asian shares slip from 2-mth high, oil regroups after slide

MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.2 percent in early trade from their two-month high touched on Monday, though it was still up 8.6 percent so far this month. Japan's Nikkei fell 0.6 percent.

China slowdown may impact on India: Chinese thinktank

"The Chinese actions will affect the developed economies enormously, as has already been observed, but whether it grows fast or slow will not affect the Indian economy much," Zhao Gancheng, Director of Shanghai Institutes for International Studies, said in an article in the state-run Global Times.

Asia dividend funds turn to China, India counters Fed hike

Asian dividend-paying equity funds are reducing investments in traditional safe bets in favour of companies with rising dividend payouts to guard against investors selling out from the funds when US interest rates rise.

Asian shares, dollar up on Fed's economic optimism

Japan's Nikkei rose 0.8 percent while Australian shares tacked on 0.3 percent and South Korean shares gained 0.2 percent.

Asia stocks edge up, markets hushed for Fed

The major European markets were also expected to open higher, while the calmer mood prompted a bounce in some hard-beaten commodities including copper.

Dollar in demand, gold dives to 5-year low

The US dollar held broad gains in Asia on Monday as investors looked ahead to higher interest rates from the Federal Reserve, while gold slumped to five-year lows as a lack of global inflation left little to hedge against.

Supreme Court seeks review of drug pricing policy

The court has asked the country's chemicals and fertilisers ministry to explain why the prices of essential and life-saving drugs are fixed at a high level, putting them out of reach of the country's poor, the newspaper said, citing a court hearing on Wednesday.

Dollar up with Greece off centre stage, safe-haven yen sags

The greenback performed well against its Japanese peer, which lost its safe-haven appeal with the worst-case-scenario of Greece exiting the euro seemingly averted.

Asia shares subdued as US data disappoints, fret over Greek

China's increasingly volatile markets may upstage Greek concerns in the session, after that country's securities market regulator said it had opened an investigation into suspected market manipulation after a slump of more than 20 percent in Chinese stocks since mid-June.

Delivery by drone in 30 minutes? Amazon says it's coming

Using commercial drones to quickly deliver packages is probably years away. But when government regulations catch up with emerging technologies, Amazon says it could revolutionize the way people shop for items they need quickly.

Crude to trade in $55-75/bbl range, gold to slip: ANZ

While crude is likely to trade between USD 55 and USD 75 per barrel for next 12 months, gold prices would drift lower for over the next four months, Victor Thianpiriya, ANZ Research told CNBC-TV18.

Global Markets: Euro at three-month high, bond yields key

Investors digested figures from the previous day that showed relatively strong euro zone economic growth in the first quarter, contrasting with disappointingly weak US retail sales in April.

US data, Fed caution keep pressure on world stocks, dollar

Asian and European stocks continued a two-day decline for equity markets worldwide with Europe's FTSEurofirst 300 down 0.8 percent and heading for its worst week of the year.

Dollar near two-month low ahead of US GDP, Fed policy

The central bank is considering monetary policy at a time when the US economy has hit a soft patch, blamed largely on harsh winter weather, a strong dollar and disruptions at West Coast ports.

Glenmark's subsidiary to pay $25mn to settle a pricing case

The company will pay USD 11.25 million each to the US federal government and the Texas state administration in 16 tranches spread over four years, besides paying USD 2.5 million as the cost of litigation.

Asia up on Wall Street's lead, dollar holds gains

The region's focus fell on the Reserve Bank of Australia's policy decision due at 0430 GMT. Expectations are that the central bank would cut interest rates further in the wake of falling prices of iron ore, the country's biggest export.

World stocks and bonds roar Fed approval, $ fights back

European shares opened up 0.4 percent with London's FTSE hitting a new record peak after Asian bourses had enjoyed their best session in 18 months overnight.