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India inflation jumps to 5.54% in Sept, strengthening case for further rate hikes

India inflation jumps to 5.54% in Sept, strengthening case for further rate hikes

NEW DELHI, Oct 12 (Reuters) - India's retail inflation jumped to 5.54% in September, data showed on Monday, nearing the upper end of the central bank's 2%-6% tolerance band and strengthening the case for further rate hikes as the Iran war and weak monsoon-led price pressures ripple through the
ReutersReuters
Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge

Dollar firm near 18-month highs, as Gulf unrest, US inflation keep investors on edge

By Amanda Cooper LONDON, Oct 12 (Reuters) - The dollar traded around its highest in a year and a half on Monday, as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that could shape the outlook for interest rates.
ReutersReuters
Dollar steady near 18-month high as Mideast conflict, US inflation in focus

Dollar steady near 18-month high as Mideast conflict, US inflation in focus

By Ankur Banerjee and Li Gu SINGAPORE/SHANGHAI, Oct 12 (Reuters) - The dollar held its ground near the strongest level in a year and a half on Monday as an escalating Middle East conflict kept investors wary ahead of key US inflation data later this week that will influence monetary policy.
ReutersReuters
World Bank in talks with dozens of countries about crisis aid, Banga says

World Bank in talks with dozens of countries about crisis aid, Banga says

By Andrea Shalal BANGKOK, Oct 11 (Reuters) - The World Bank is in discussions with 30 to 40 countries about potential crisis aid to help them manage energy shocks and price increases triggered by the war in the Middle East, its president, Ajay Banga, told Reuters in an interview.
ReutersReuters
IMF says AI investment keeps global growth around 3% but brings massive disruption

IMF says AI investment keeps global growth around 3% but brings massive disruption

By Andrea Shalal and Rae Wee BANGKOK, Oct 12 (Reuters) - Strong investment in AI infrastructure is keeping global growth at around 3% with major benefits for Asia, but also foreshadows a "slow-moving tsunami" that could massively disrupt labor markets, taxation and education, International Monetary
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Reserve Bank of India Establishes Special Dollar Window for State-Run Oil Marketing Companies

Reserve Bank of India Establishes Special Dollar Window for State-Run Oil Marketing Companies

Reserve Bank of India Establishes Special Dollar Window for State-Run Oil Marketing Companies
ReutersReuters
Musk vows affordable Starlink in India days before Ambani's record Jio IPO

Musk vows affordable Starlink in India days before Ambani's record Jio IPO

By Munsif Vengattil BENGALURU, Oct 11 (Reuters) - Elon Musk said he would price Starlink's satellite internet service affordably in India to take on Mukesh Ambani's low-cost Reliance Jio, escalating his attacks on the rival billionaire days before Jio's parent launches India's largest-ever IPO.
ReutersReuters
India detains thousands, locks down Delhi to foil election chief protest

India detains thousands, locks down Delhi to foil election chief protest

By Saurabh Sharma, Sarita Chaganti Singh and Sakshi Dayal NEW DELHI, Oct 10 (Reuters) - Police detained more than 2,000 protesters and the founder of the "Cockroach" youth movement in Delhi on Saturday as security forces locked down parts of the capital to thwart a rally demanding the resignation of
VarietyVariety
Bela Bajaria on Netflix’s Epic TV Trek into Local Language Production: ‘There’s No Roadmap for This’

Bela Bajaria on Netflix’s Epic TV Trek into Local Language Production: ‘There’s No Roadmap for This’

Bela Bajaria was a few months into her job as the leader of Netflix’s international content expansion campaign in 2019 when she fully realized the significance of the opportunity ahead. The production of local original content was not destined to be a side business for Netflix — it is the business, and increasingly so as […]
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GFI India Study Reveals High Consumer Willingness to Try Cultivated Meat in India

GFI India Study Reveals High Consumer Willingness to Try Cultivated Meat in India

GFI India Study Reveals High Consumer Willingness to Try Cultivated Meat in India
ReutersReuters
Morning Bid: Bonds, bombs and barricades

Morning Bid: Bonds, bombs and barricades

By Anna Szymanski Oct 9 (Reuters) - Could bond market pain be contagious? Volatile oil prices, rising political risk in Europe, more Middle East fighting, and news of another round of mammoth AI corporate borrowing kept tensions in the sovereign debt market as taut as ever this week.
ReutersReuters
India rejects monopoly claim after Musk accuses Ambani of blocking Starlink launch

India rejects monopoly claim after Musk accuses Ambani of blocking Starlink launch

BENGALURU, Oct 9 (Reuters) - India's telecom minister said on Friday the country does not allow monopolies in any sector, pushing back after Elon Musk suggested billionaire Mukesh Ambani was using political influence to block Starlink's launch in the country.