Page 28 - Bloomberg

Global funds dump Indian equities at record pace on oil shock, growth fears

In just over three months, they have pulled $18.84 billion from local shares, edging past the full-year record outflow of $18.79 billion seen in 2025, according to Central Depository Services India

Man held for throwing Molotov cocktail at Altman's home in San Francisco

Altman, 40, lives in San Francisco, and OpenAI is also headquartered in the city

'Iran has no cards': Trump threatens Tehran as Vance heads to Pak for talks

While the two-week ceasefire was broadly holding across West Asia, the situation with the strait and continued fighting between Israel and Hezbollah in Lebanon threatened to complicate negotiations

JD Vance emerges as Trump's Iran 'closer' in high-risk diplomatic test

US Vice President JD Vance will be accompanied by special envoy Steve Witkoff and Trump's son-in-law Jared Kushner

Tata Sons listing in public interest, have faith in govt, says SP Mistry

So far, no clear evidence-based case has been presented to explain how a public listing would materially damage the interests of the Tata Trusts or reduce their ability to serve beneficiaries, he said

Domestic refiners splurge on Russian oil as sanctions threat begins to fade

Imports from Russia averaged 1.98 million barrels a day in March, the highest since June 2023, according to data from intelligence firm Kpler

Bond market softens as RBI to withdraw cash in first move this year

The 10-year benchmark yield rose as much 4 basis points to 7 per cent after the Reserve Bank of India announced plans to withdraw liquidity of up to ₹2 trillion ($21.6 billion)

Biggest currency clampdown in a decade risks backfiring for India

Jefferies estimates banks could face losses of up to ₹5,000 crore ($539 million) from the forced unwinding

Is the world going to tariff Big Tech as WTO shifts digital trade rules?

Internet has been tariff-free for decades; if that changes, it's because the world has decided it can't allow the US to run its digital empire forever

China uses West Asia conflict to advance yuan's global payments debut

Beijing challenges US financial dominance across currency, messaging and settlement systems; even if Iran sanctions ease and dollar trust recovers, the yuan push will persist for future crises

Xi Jinping helps Trump on Iran war as China assists in ceasefire bid

Hours after a ceasefire publicly brokered by Pakistan was announced, Iranian officials reportedly credited a last-minute push by China with securing their acceptance, a claim soon validated by Trump

Apple will close its first unionised retail location in US in June

The company said Thursday that the store, located at Towson Town Center mall, will permanently shut down in June and will not be replaced

Trump's hunt for Iran's uranium hindered by monitoring disruption

That leaves the global nuclear watchdog - and by extension the US - without a clear line of sight into one of the world's most dangerous stockpiles

Amazon considers selling in-house AI chips to firms amid demand surge

The disclosure offers a rare glimpse into the scale of Amazon's in-house chip operation, which produces general-purpose computing and AI accelerators

Oil rebounds above $100 as Hormuz remains blocked, supply fears linger

Iranian Parliament Speaker Mohammad-Bagher Ghalibaf said in a statement on X that three clauses of the ceasefire proposal have been violated

Hardeep Puri heads to Qatar to secure LNG, LPG supply amid fuel crisis

Qatar is India's single-largest supplier of both LNG and LPG, providing 45 per cent and 20 per cent respectively

Eli Lilly's Mounjaro sales dip as semaglutide generics flood Indian market

Mounjaro sales in March dropped to ₹114 crore ($12.3 million) in March from ₹135 crore a month earlier, Pharmarack data show

Russia offers sanctioned LNG to energy-hungry Asia at 40% discount

The effective closure of the Strait of Hormuz - and attacks on the world's largest LNG export plant in Qatar - has throttled about a fifth of global supply, upending the gas market and lifting prices

US asks allies for quick, concrete plans to secure Hormuz after ceasefire

Request was presented during discussions between American and Nato officials at the White House, where US President Trump met with North Atlantic Treaty Organization Secretary General Mark Rutte

Chinese oil tankers join line to test hormuz exit amid US-Iran ceasefire

A successful crossing is not yet guaranteed, as several vessels have turned back at the last moment and there has been little change in traffic over the past day