Business Recorder

Kohli masterclass leads Bengaluru to IPL title defence in style

AHMEDABAD: India veteran Virat Kohli produced an explosive knock as Royal Challengers Bengaluru ​secured a five-wicket win over Gujarat Titans to retain their Indian Premier League title on Sunday. Bengaluru, who ‌ended a 17-season drought by winn…

#ViratKohli #IPL2024

Business Recorder

Indian shares may open higher, rebounding from Friday’s record foreign sell-off

Indian shares are likely to open higher on Monday, following Friday’s losses, after record foreign outflow and the highest ever turnover on the National Stock ​Exchange of India that accompanied MSCI’s index rebalancing. GIFT Nifty futures were ‌a…

#India #StockMarket

Business Recorder

Dollar steadies as markets await signals on Iran war, central banks

TOKYO: The US dollar held steady on Monday after a weekly loss as markets awaited the results of peace talks in the Middle East and signals on the timing of central bank rate hikes. The dollar index edged ​lower last week on hopes for a deal betwe…

#Dollar #IranWar

Business Recorder

RBI policy decision, growth data in focus for Indian rupee and bonds

MUMBAI: The Indian rupee and government bonds this week will hinge on the run-up to the central bank’s high-stakes monetary policy decision, as the Iran war intensifies risks to India’s growth and inflation outlook by keeping energy prices stubbor…

#Economy

Business Recorder

Asia stocks count on AI boom to offset Gulf risks

SYDNEY: Asian share markets firmed on Monday as the boom in all things AI continued to ​drive demand, offsetting a lack of progress in Gulf peace talks that challenged optimism on a re-opening of the Strait ‌of Hormuz and lifted oil prices . While…

#Economy

Business Recorder

Gold slips on stronger dollar, oil; Trump’s decision on Iran ceasefire in focus

Gold inched lower on Monday , pressured by a stronger dollar and rising oil prices, as investors awaited U.S. President Donald Trump’s decision on ​a proposed deal to extend the ceasefire with Iran. Fundamentals Spot ‌gold was down 0.2% at $4,527….

#IranNegotiation

Business Recorder

Oil prices rise more than 2% as Israel steps up incursion into Lebanon

BEIJING: Oil prices rose more than 2% in early trading on Monday after Israel ordered troops to move further into Lebanon ​in the battle with the Iranian-backed Hezbollah militant group, despite a ceasefire announced more ‌than six weeks ago. US c…

#Palestine

Business Recorder

Prices of essential items in Peshawar show mixed trend

PESHAWAR: Mixed trend in price of essential food commodities, including vegetables, cooking oil/ghee, sugar, flour, live chicken/meat, beverages and pulses was witnessed in the retail market. A weekly-market survey carried out by Business Recorder…

#Prices #Peshawar

Business Recorder

Ukrainian drones hit pipeline, refinery, fuel depot in Russia

KYIV: Ukrainian drones struck targets across several Russian regions overnight, including an oil pipeline pumping station, a refinery and a fuel depot, Russian and Ukrainian authorities said on Sunday, in an escalating campaign of strikes against …

#Ukraine #Russia #Drones

Business Recorder

Netanyahu orders deeper Israeli incursion into Lebanon

JERUSALEM/BEIRUT: Israeli Prime Minister Benjamin Netanyahu said on Sunday he had ordered troops to move further into Lebanon in the battle against the Iran-backed Hezbollah militant group, despite a ceasefire announced more than six weeks ago. Th…

#Netanyahu #Israel #Lebanon