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MUMBAI Nudging retailers such as malls and shop owners to deposit their daily collections with banks, RBI said they would be allowed to withdraw the...

MUMBAI/NEW DELHI Digital payment providers in India have mobilised hundreds of extra workers to enrol small merchants and offered their services for free, betting that...

NEW DELHI Fitch Ratings on Tuesday lowered India’s GDP growth forecast for this fiscal to 6.9 per cent from 7.4 per cent, saying there will...

ROME India’s JSW Steel has joined one of two investor groups vying to take over Italy’s loss-making Ilva steel plant, a source with knowledge of...

LONDON Tata Steel and Thyssenkrupp are looking at reducing the size of Britain’s largest steel plant in Port Talbot, Wales, industry sources said, as the...

GENEVA Subsidies given by the US state of Washington to Boeing are illegal, the World Trade Organisation (WTO) said late on Monday, in a victory...

Saudi Arabia’s problems run far deeper than trying to cobble together a deal with fellow Opec members to curb crude oil output in order...

TOKYO Spending among Japanese households fell for an eighth successive month in October despite the unemployment rate sitting at a 21-year low, government data showed...

SHANGHAI/HONG KONG China is stepping up measures to stem capital outflows after the yuan currency skidded to more than eight-year lows, sources said on Tuesday,...

SINGAPORE/TOKYO For the first time since 2008, Opec is set to strike a deal to cut oil output that may boost prices. It may also...