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Budget 2024: PM Modi allies Nitish, Naidu demands billions, pile pressure

For now, it seems that Modi will likely be able to manage those demands without blowing out the budget deficit.

PM Modi's new govt spending plans to remain in line with early projections

A modest expenditure plan could give an extra fillip to India's bond market, where benchmark yields are edging toward a 2-year low

Top-performing Lombard Fund doubles down on India's junk credit bonds

South Asian nation's star economy and improving business environment, at a time of slowing growth in China, has made Indian assets investor darling

VP Kamala Harris could lead if health declines, says President Biden

Biden, 81, acknowledged that questions about his age are a legitimate thing to raise

Global shipping-market strain revives fear of inflation comeback again

The historic disruption of $25 trillion in global goods trade that culminated two years ago left the deep economic scars of inflation and paranoia about shortages

Russian firms find it difficult to get paid by China amid US sanctions

Those delays come after the US in June widened the parameters for determining whether to impose secondary sanctions by broadening the definition of Russia's military-industrial base

Risk of developing Long Covid falls, but remains substantial, shows study

The World Health Organization says tens of thousands of Covid cases are being reported globally. The actual number of infections is likely to be significantly higher

Indian block trades led by global firms reach record $15 billion this year

Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 bn by selling shares in India's Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in ITC Ltd

Paris Mayor Hidalgo swims in Seine to show it's safe for Olympic races

Several swimming clubs that had gathered to watch Hidalgo dive in were enthusiastic about the possibility of a swim. A huge line quickly formed to go in the water

Retired diplomat Vinay Kwatra nominated as new US ambassador to secure ties

Kwatra, who retired as India's foreign secretary earlier this month, will look to bring certainty to the India-US relationship

Johnson & Johnson Q2 profit beats expectations as forecast cut on M&A costs

Adjusted earnings for the quarter were $2.82 a share, the New Brunswick, New Jersey-based company said Wednesday in a statement, beating analysts' average estimate by 11 cents

Trump plans risk spurring US inflation that GOP is pledging to end: Report

"End inflation, and make America affordable again," the Republicans declared in their official campaign platform

Amazon's marketing portal for merchants crashes, disrupting Prime Day Sale

This year's Prime Day sale, a two-day discounting spree, got off to a fast start Tuesday with sales up almost 12 per cent in the first seven hours

Yes, you can save too much for retirement: Here's what you must know

While everyone feels as though they haven't saved enough, 77% of retirees say they are "living comfortably"

India to fast-track China visas after businesses complain of delays

Businesses say restrictions are hurting the country's ability to become a manufacturing hub

Amazon Prime Day event starts, sales up 12% in first 7 hours: Report

The average household spent about $100 on Prime Day purchases as of noon New York time, according to Numerator, which tracked more than 2,000 orders from more than 1,200 households

JPMorgan raises $9 billion of bonds in post-earnings spree: Report

The deal comes after the bank reported record profit as investment bankers and equities traders smashed expectations and the firm took a multibillion-dollar gain tied to a Visa Inc. share exchange

Adani, Wilmar considering to sell $670 million stake in joint venture

Shares of Adani Wilmar have slid 6.8% this year, valuing the company at about $5.1 billion

'Temasek's focus in India will be minority stakes, growth investing'

India now accounts for about 7% of Temasek's net portfolio value of S$389 billion ($289 billion), up from 4% in 2020, Shrivastav said.

BCCI initiates insolvency proceedings against online tutor Byju's

Byju's, founded by teacher Byju Raveendran, was valued at $22 billion at its peak but ran into financial and legal problems after its business dried up