India central bank deputy Patra expects inflation to breach 6% for three quarters

investing.com By Aftab Ahmed and Swati Bhat NEW DELHI -India's retail inflation is likely to breach the mandated inflation target band of 2-6% for three straight quarters but is showing indications of peaking, Reserve Bank of...

Monte dei Paschi plans to raise 2.5 billion euros for latest turnaround plan

investing.com By Valentina Za LONDON -Monte dei Paschi di Siena (MPS) said it would tap taxpayers and investors for 2.5 billion euros ($2.6 billion) in cash to fund its latest turnaround efforts as the Italian state-owned bank...

Strikes cripple Britain's railways, unions warn of more to come

investing.com LONDON - Strikes crippled Britain's rail network on Thursday as union bosses, train operating firms and the government faced off over demands that workers' pay increases keep pace with surging inflation. A spike in...

China commerce ministry says the sooner U.S. tariffs are lifted, the sooner consumers will benefit

investing.com BEIJING - China's commerce ministry said the sooner U.S. tariffs on Chinese goods are lifted, the sooner consumers and companies will benefit, ministry spokesperson Shu Jueting told a news conference on...

Marketmind: What purchasing managers are saying

investing.com A look at the day ahead in markets from Sujata Rao Indexes based on the views of purchasing managers, essentially the folks who buy products for companies, give a comprehensive indication of the state of an economy....

Exclusive: India aims to keep FY2023 fiscal deficit at last year's level

investing.com By Aftab Ahmed and Swati Bhat NEW DELHI/MUMBAI - India's government won't be able to cut its budget deficit in the current fiscal year as previously projected, officials said, but will seek to cap the shortfall at...