Page 26 - Bloomberg

Three top executives resign from Axis Bank as lender rejigs leadership

Anil Agarwal, president and group head of institutional clients coverage, Vikas Shinde, who once headed the debt capital market team, and Jimmy Tavadia, group head of trading, have resigned

Trump ratchets up naval blockade threats, fresh US Strikes on Iran

Trump threatened more strikes and a renewed blockade on Iran as Tehran vowed an immediate response, raising fears of renewed conflict and oil market disruption

From New York to Tokyo, equities retreat on renewed US-Iran tensions

Global equities fell and oil prices rose after Donald Trump signalled the ceasefire with Iran may be be over, reviving concerns over inflation and interest rates

New derivatives tied to Nifty index designed for FPI get Sebi nod

NSE gets regulatory approval for foreign investor-focused derivatives as India seeks to deepen market access and revive overseas flows

Fat-loss drug sales in India loses steam after early spike from generics

The slowdown marks a sharp deceleration from the initial rush that followed the expiry of semaglutide's patent in March

Alphabet-led project drives 44% jump in India's foreign investment: UN

Total FDI rose 44% to $39 billion last year, UN Trade and Development said in its annual World Investment Report released Tuesday

Amazon's new bonds sale draws muted demand as AI debt floods market

Order book settled at about 1.6 times the deal size, below this year's average for US investment-grade bonds, as AI-related debt issuance continues to surge

Lawsuit accuses Trump admin of giving secret data to Iran on asylum seekers

The lawsuit claims that an Iranian official requested a list of its citizens subject to deportation, and the administration of President Donald Trump provided about 150 names

Blue Tokai aims to triple store count in 4 years amid rising competition

Specialty coffee chain plans to add 120 outlets this year, open its first overseas store in Dubai and target profitability by March 2028

S&P sees risks for Indian microfinance lenders' $35 billion loan book

The sector had been under stress for the last two years after rapid credit expansion left many borrowers over-leveraged, driving up defaults and prompting lenders to tighten underwriting standards

Amazon seeks to raise at least $25 billion from US dollar bond sale

The size of the offering could increase depending on investor demand, according to people familiar with the matter, who cautioned that no final decision has been made

Indian state refiners ready for Iranian oil if US extends waivers

The companies, however, have little room to buy Iranian oil immediately, having fully contracted shipments required through August after they sought to secure supplies in advance during the war

After India, Somalia raises concerns over WhatsApp username feature

Last week, India asked Meta to delay the rollout of the new feature, citing fears that it may fuel online fraud

Qatari LNG ship struck in Strait of Hormuz, testing US-Iran agreement

The vessel, owned by Qatar's state-owned shipping company Nakilat, appeared to be traveling without its transponders on, ship-tracking data show

Real estate firm K Raheja delays $700 million IPO plan by at least a year

The company now intends to revisit the plan once it has achieved greater scale, potentially allowing it to pursue a larger offering and command a higher valuation

Singapore, Zurich top world's costliest city list for luxury spending

Zurich climbed to second place, edging out London, while Monaco entered the top three for the first time since the survey began in 2020

Venezuela earthquake death toll rises to 3,535 as rescue efforts continue

Nearly 17,000 people have been injured, 6,500 rescued and 18,000 displaced, National Assembly President Jorge Rodríguez said on Telegram

Andy Burnham may struggle to keep his promise to Britain's economy

The frontrunner for Britain's top job has pledged to deliver 'good growth in every postcode', but decades of regional inequality and weak productivity will make that promise difficult to fulfil

El Niño threatens India's clean energy transition, may fuel coal reliance

India forecasts coal's share in nation's generation mix will fall to 64% by 2027 and 50% over next decade, but it remains at more than 70% even after drop in thermal power production last year

Vietnam fast-tracks $4 billion Hon Khoai port to check China's naval power

Vietnam is accelerating work on a dual-use seaport and transport corridor to strengthen trade links and bolster its strategic presence after Cambodia launched a China-backed canal project