Reuters

Fed rate hike, rate cut both 'on the table': Bostic

Mar 23 2019

The Federal Reserve’s patient approach to monetary policy is no guarantee that it will leave interest rates where they are for the rest of the year, the president of the Atlanta Federal Reserve Bank, Raphael Bostic, said on Friday.

Factbox: What happens next on Brexit?

Mar 23 2019

European Union leaders have given Prime Minister Theresa May a two-week reprieve before Britain could leave the bloc without an exit deal if she fails to win parliament’s backing for her agreement with Brussels.

India's watchmen question whether Modi embrace will improve their lot

Mar 23 2019

For many watchmen, who are among the millions in India’s vast informal economy where workers are often poorly paid and barely protected by labour laws, Modi’s campaign is a political gimmick that is unlikely to improve their lives.

Congress party struggles to build alliance, giving Modi an edge

Mar 23 2019

The Congress party is struggling to forge an opposition alliance to fight a looming election having been rebuffed in the biggest state, Uttar Pradesh, regional party officials say, improving Prime Minister Narendra Modi’s chances of a second term.

Ola banned for 6 months in Karnataka for running motorcycle taxis

Mar 23 2019

Ola, backed by SoftBank Group Corp and Tencent Holdings Ltd and Uber’s main rival in India, has a licence to operate taxis in the state from June 2016 to June 19, 2021, local media reported.

SpiceJet seeks planes from other sources after India grounds 737 MAX fleet

Mar 22 2019

The airline was forced to ground its 12 Boeing Co 737 MAX 8 planes by India’s aviation watchdog due to safety concerns after an Ethiopian Airlines plane crash that killed 157 people earlier this month.

Boeing to mandate safety feature in MAX software upgrade: sources

Mar 22 2019

Boeing Co will mandate on MAX jets a previously optional cockpit warning light, which might have warned of problems that possibly played a role in the recent crashes of Ethiopian and Indonesian planes, two officials briefed on the matter said.

Indonesia's Garuda asks to cancel $6 billion 737 MAX order, considers other Boeing jets: CFO

Mar 22 2019

National carrier Garuda Indonesia has sent a letter to Boeing Co asking to cancel an order for 49 737 MAX 8 narrowbody jets, Garuda Chief Financial Officer Fuad Rizal said on Friday.

Zee Entertainment hits over 1-month low; further downside seen

Mar 22 2019

Shares of Zee Entertainment Enterprises fell as much as 2.64 per cent to Rs 431.5, their lowest since February 18. Stock broke below a support at Rs 442, the 14.6 per cent Fibonacci projection level of the downtrend from May 2 high to January 25 low.

US imposes first new North Korea sanctions since failed summit

Mar 22 2019

The United States imposed sanctions on two Chinese shipping companies it says helped North Korea evade sanctions over its nuclear weapons program, the first such steps since a US-North Korean summit collapsed last month.