Reuters Financial News

14.08 / 11:02

UPS Lowe's Reuters Nov Browser country Low Yen drifts after breaching 2023 low, dollar hits one-month high

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

14.08 / 10:39

Lowe's Reuters NIFTY SENSEX country end inflation data Market Wrap: Sensex, Nifty end flat ahead of retail inflation data; mid, smallcaps underperform

Nifty ended flat on Monday as investors awaited India's consumer price inflation (CPI), or retail inflation, prints for the month of July which is expected to see an uptick because of the recent rise in vegetables, pulses and cereals prices. A sharp uptick in inflation may weigh on market sentiment which already appears to be in a consolidation phase. Sensex and Nifty are about two per cent down in August so far.

14.08 / 10:39

Provident Twitter Reuters Remark love social Rakesh Jhunjhunwala death anniversary: Here's how social media paid tribute to India's Big Bull who inspired generations

Reuters, he remarked, "It's not a fitting comparison (with Warren Buffett). In terms of wealth and success and maturity, he's far, far ahead." Having risen from ₹5,000 in 1985 to an astounding ₹35,000 crore by 2022, the life journey of the late Rakesh Jhunjhunwala, often referred to as India's Big Bull, serves as a remarkable lesson in investing. Here is how social media paid tribute to the legendary investor.

14.08 / 10:27

Reuters Airlines Boeing Boeing front-runner in widebody jet talks with IndiGo -sources

By Aditi Shah

14.08 / 10:27

UPS Lowe's Reuters country China's Country Garden seeks to delay onshore bond repayment, fanning market fears

By Clare Jim and Shuyan Wang

14.08 / 08:29

UPS Lowe's Reuters Southern country MRPL to phase out exports as it adds retail outlets

Mangalore Refinery and Petrochemicals Ltd plans to phase out fuel exports in the next two to three years as it expands its local retail network to diversify its sources of revenue, its managing director said.MRPL, a subsidiary of state-controlled Oil and Natural Gas Corp, operates a 300,000 barrel-per-day coastal refinery in southern Karnataka state, mostly supplying the state refiners that own about 90% of India's retail fuel stations and exporting the remainder.Sanjay Varma told Reuters that MRPL plans to expand its retail outlets in southern India to 1800 by 2027 from about 71 now. «When refining margins are low (retailers) make a handsome profit because marketing margins are good.

14.08 / 07:49

UPS FIVE Reuters Manufacturing band show wholesale index India's July wholesale price index falls less than expected on food prices

NEW DELHI (Reuters) -India's wholesale price index fell 1.36% year-on-year in July, but the decline was smaller than expected because of higher prices for food and some commodities.

14.08 / 06:51

UPS Citi Lowe's Reuters show country China's economic challenges gather steam as new loans plunge, property fears loom

BEIJING – China's economy is running into more challenges.

14.08 / 06:47

Reuters Deloitte Sebi seeks 15-day extension to conclude, file status report in Adani-Hindenburg case

SEBI) on Monday sought a 15-day extension in Supreme Court to conclude the investigation and submit the status report in its probe into Hindenburg report against Adani group. On Monday, the shares of Adani group companies slid 3% to 5% after Deloitte resigned as auditor of Adani Ports, the first such move at the Gautam Adani-led conglomerate since U.S.

14.08 / 06:47

UPS Reuters Manufacturing show WPI contracts 1.36% in July, after deflating 4.12% in June

wholesale inflation contracted 1.36 per cent on a year-on-year basis in the month of July after contracting 4.12 per cent in June, data showed on Monday. On a month-on-month basis, the index stood at 1.95 per cent. Economists polled by Reuters had estimated the wholesale price index for July would fall 2.70%.

14.08 / 06:45

UPS FIVE Reuters Enterprise Rakesh Jhunjhunwala death anniversary: Five investing lessons one can learn from India's Warren Buffett

₹5,000 in 1985 to a staggering ₹35,000 crore by 2022, the life journey of India's Big Bull, the late Rakesh Jhunjhunwala, stands as an investment masterclass. He was often referred to as India's Warren Buffett though he would humbly say that Buffett was ‘far ahead of him’. “It’s not a fitting comparison (with Warren Buffett)," he had once told news agency Reuters in an interview in 2012.

14.08 / 02:27

Provident Reuters CEO Strategy Enterprise Tesla performer Drop Discounts elon Tesla car price: Model Y ₹1.5 lakh cheaper now; Elon Musk's company declares discounts after sales drop in China

₹1.5 lakh) for its upper-tier Model Y variants within China. Announced via the company's official Weibo account, Tesla's adjustments bring down the prices of its Model Y Long-Range and Performance versions to 299,900 yuan ( ₹34 lakh) and 349,900 yuan ( ₹40 lakh) respectively, Bloomberg reported. The Model Y is a pivotal component of Tesla's vehicle portfolio, sharing the spotlight alongside the popular Model 3 as the cornerstones of CEO Elon Musk's automotive enterprise.

14.08 / 02:27

Lowe's Reuters NIFTY SENSEX 6 things that changed for market overnight: Gift Nifty, FII selling to global market cues for Sensex today

Indian stock market is expected to open lower on Monday following weak global cues and is likely to consolidate further. Benign domestic macroeconomic data and outflow of foreign capital is likely to weigh on markets. Investors may react to June factory output growth slipping to a 3-month low, while trade cautiously ahead of other key economic data releases in this holiday-truncated week, including wholesale price index (WPI) and July retail inflation data, exports and imports numbers and forex reserves data.

14.08 / 02:27

COST UPS Reuters Enterprise Deloitte Stocks to Watch: HDFC Bank, ONGC, Adani Ports, Aurobindo Pharma, RVNL

HDFC Bank: After the successful $40 billion amalgamation with its parent, private lender HDFC Bank chief Sashidhar Jagdishan on Friday flagged funding as a risk, reported PTI. Jagdishan flagged his concern to the shareholders at its maiden annual general meeting after the merger came into effect on 1 July. He said, "As you know, the risks of the merger are the funding part of it." The HDFC has not been fully successful in getting all the forbearance it had sought from the RBI on the liabilities front.

14.08 / 01:59

Lowe's FIVE Reuters Southern stage country From too wet to bone dry: Indonesian coffee crop faces El Nino jolt

El Nino's dry weather threatens to further dent coffee production in Indonesia, the world's fourth largest grower, after excessive rains dragged down output to its lowest in more than a decade, driving global prices to all-time highs. Lower coffee output in Indonesia, which mainly produces robusta beans — having a bolder and more bitter flavour than the arabica variety — could trigger more gains in prices which have climbed more than 40% in 2023 and hit a record high in June.

14.08 / 00:57

UPS Reuters PayDay Caseys Celebrity star Trump National Cameron Smith pockets $7.3m in LIV victory at Trump National

Australian golf star Cameron Smith has enjoyed another monster multi-million-dollar payday with a runaway seven-shot victory at LIV Golf Bedminster in New Jersey.

13.08 / 21:19

Reuters shootings show Iran: 1 person killed, 7 wounded in shooting at holy Shiite shrine in Shiraz

IRNA, “Fars Deputy Governor Esmail Ghezel Sofla described the attacker as a Takfiri element and said the person had been arrested and is being interrogated by judicial authorities." In Iran, the term ‘takfiri’ is referred to jihadists or proponents of radical Sunni Islam. Early media reports said that the attacker had opened fire at people after being confronted by security guards at the gates of the shrine. The wounded were transferred to medical centres and are undergoing treatment, said the media reports.

13.08 / 16:13

COST Twitter Reuters Fox Airlines Moodys Inflation forcing Americans to spend $709 more per month than 2 years ago: economist

John Lonski discusses how President Biden said that the ‘Inflation Reduction Act’ has less to do with inflation than originally claimed on ‘Maria Bartiromo’s Wall Street.’

13.08 / 15:55

UPS Reuters Waters Landmark show Warning Russian warship fires warning shots on cargo ship in Black Sea

By Guy Faulconbridge

13.08 / 13:43

Reuters Enterprise country foreign guidelines Foreign investment China issues guidelines to attract foreign investment as its economy struggles

COVID pandemic has slow down due to weak export demand from key trade partners and ongoing turmoil in its property market.

13.08 / 03:19

Reuters Taiwan vice president visits New York: Will China launch military drills now?

Reuters that China could use the transit visit as an excuse to launch military drills near Taiwan next week. It also wants to use the stopovers as a pretext for intimidating voters ahead of elections in January next year.

what you should know about Reuters

What is Reuters and why is it relevant?

Reuters is a high-demand area that draws public attention. On our site, we regularly publish updates related to this subject.

Where can I find the latest updates on Reuters?

All new posts about Reuters can be found in the highlighted block. We publish information in a timely manner.

How can I verify the accuracy of information on Reuters?

We use verified data to ensure that the information about Reuters is accurate and helpful for our readers.