SYDNEY, Australia — Asian shares moved higher on Monday, August 17, as Chinese stocks led regional gains while the U.S. dollar weakened toward a two-month low. Investors were reassessing the chances of an imminent Federal Reserve rate hike after softer U.S. economic data reduced expectations for tighter monetary policy.
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E20 Petrol in India: Impact on Cars and Mileage
NEW DELHI, India — India’s transition to E20 petrol has moved from a policy announcement to an everyday reality for millions of motorists, turning ethanol blending into one of the country’s most closely watched fuel debates. The government sees E20 as an important tool for reducing crude-oil dependence, supporting farmers and lowering emissions, while some vehicle owners remain concerned about mileage, compatibility and the long-term effect of higher ethanol content on older cars.
Japan GDP Growth Slows to 1.1% in Q2
TOKYO, Japan — Japan’s economy grew at an annualized rate of 1.1% in the second quarter, falling short of expectations for 2% growth as weaker domestic demand offset stronger exports, according to data released Monday.
IRCTC FY27 Growth: Tourism, Catering Plans
NEW DELHI, India — Indian Railway Catering and Tourism Corporation (IRCTC) is looking to strengthen growth in FY27 by tapping a revival in spiritual tourism, expanding catering capacity and upgrading its digital platform, even as its first-quarter profitability remained broadly flat amid global pressures.
India Wholesale Inflation at 9.78% in July
NEW DELHI, India — India’s wholesale inflation eased marginally to 9.78% in July, according to the information provided. The latest reading puts wholesale price inflation at 9.78% for the month, with the supplied report describing the movement as a marginal decline.
Upcoming Dividends, Stock Splits and Bonuses: Stocks in Focus This Week
MUMBAI, India — Several Indian stocks, including Bandhan Bank, Manappuram Finance, RVNL, Mazagon Dock Shipbuilders, LIC Housing Finance and Mahanagar Gas, are in focus this week amid corporate actions involving dividends, stock splits and bonus issues, according to the supplied market information.