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Economy News

Banks must make deposits more attractive for retail customers: RBI MPC external member

Ashima Goyal believes that banks tend to offer better interest rates for bulk corporate deposits that are not sticky. Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) external member,

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News Stock Market

Verizon reports fewer quarterly subscriber losses on flexible plan demand

(Reuters) -Verizon Communications said on Monday it lost fewer-than-expected wireless subscribers in the first quarter thanks to its flexible plans and streaming bundles offering discounted pricing for services such as

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News Stock Market

AIG’s general insurance unit chair David McElroy to retire from May 1

(Reuters) – AIG (NYSE:AIG) said on Monday that David McElroy, the chairman of its general insurance unit, will retire effective May 1. McElroy, who took over as chairman of the

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News Stock Market

Bristol Myers signs $380 million CAR-T therapies supply deal with Cellares

(Reuters) -Drugmaker Bristol Myers (NYSE:BMY) Squibb said it has signed a $380 million deal with contract manufacturer Cellares to manufacture its CAR-T cell therapies in the United States, EU and

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Commodities News

As shale oil gains slow, deepwater port struggles for customers

By Arathy Somasekhar HOUSTON (Reuters) – As U.S. shale oil boomed last decade, an oil pipeline company pitched an ambitious multi-billion-dollar export port off the Texas coast to ship domestic

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Commodities News

China’s March germanium, gallium exports yet to recover year-ago level

BEIJING (Reuters) -China’s exports of gallium and germanium products in March declined from year-ago levels, customs data showed on Saturday, underlining the impact of export controls in place since last

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Commodities News

China’s steel sector has bigger worries than Biden tariff hike

By Amy Lv and Tony Munroe BEIJING/SINGAPORE (Reuters) -U.S. President Joe Biden’s push to triple tariffs on Chinese steel imports strikes a mostly symbolic blow on an industry facing bigger

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Cryptocurrency News

BWA Lays Down Self-Regulatory Guidelines on Token Listings for Indian Crypto Exchanges

A total of 36 Web3 firms that are BWA members have contributed suggestions for the formulation of these guidelines. Joining the Indian government in regulating the crypto sector and making

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News Technology

Google CEO Sundar Pichai announces consolidation of DeepMind, research teams to accelerate development

Google CEO Sundar Pichai just announced major structural changes consolidating the tech giant’s AI teams and capabilities under DeepMind. Google and Alphabet CEO Sundar Pichai has announced sweeping structural changes

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News Technology

Japan’s anti-monopoly body orders Google to fix ad search limits affecting Yahoo

Japan’s antitrust watchdog orders Google to fix its advertising practices affecting Yahoo, citing unfair competition concerns. Google will be under review for three years but faces no immediate fine. Japan’s

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