Page 32 - Bloomberg

RBI should dial back rupee intervention, says former Guv Subbarao

Subbarao said raising interest rates, the "ultimate" exchange rate defence, should be the last resort, as the markets could read it as a sign the conflict poses a bigger threat to India's economy

Reliance may offer all new shares in Jio IPO in major U-turn: Report

The u-turn was triggered by some Jio shareholders pushing for a higher price band, while the conglomerate favors a more conservative valuation to avoid listing-day losses for retail investors

What makes brain implants more than just a sci-fi fantasy as AI era unfolds

Researchers have been working for decades on so-called brain-computer interfaces to help people who suffer from paralysis, blindness, hearing loss, and more, regain function

UK, France to host nations for talks on mission to escort ships via Hormuz

We are turning diplomatic agreement into practical military plans to restore confidence for shipping through the Strait of Hormuz, UK Defence Secretary John Healey said

Trump admin moves to widen fertility benefit access under new rule

This measure comes at a time when the 'Make America Healthy Again' movement enthusiasts have raised concerns about the birth rate hitting record lows in US in recent years

Iran makes new offer on uranium stockpile in response to US peace proposal

As a series of incidents continues to threaten a shaky ceasefire, Tehran hasn't yet given any public indication it would accept Donald Trump's plan

China confirms Trump's Beijing visit from May 13-15 amid Iran tensions

Trump, who last visited China in 2017, will meet Xi Jinping in a much-anticipated summit that's already been rescheduled once due to the Iran war

Iranian businesses buckle under strain of record internet shutdown

Iran imposed heavy restrictions on internet after Israel and US started their war on the country in late February, having earlier blocked online access during nationwide protests the previous month

Armani weighs splitting 15% stake equally among preferred buyers: Report

Armani may split a 15% stake among L'Oreal, EssilorLuxottica and LVMH as the luxury house moves to execute Giorgio Armani's succession plans

Qatar LNG tanker makes fresh attempt to transit through Hormuz Strait

The ship is navigating the Tehran-approved northern route near Qeshm and Larak islands, the tracking data show

Saudi Aramco Q1 profit rises 26%, beats estimates on higher oil prices

Aramco said it benefited from higher prices of crude oil, refined fuels and chemical products during the quarter, according to a stock exchange filing

Air India to cut costs, reduce flights as war worsens financial struggles

Air India plans cost cuts and flight reductions as the Iran war, soaring fuel prices and weak demand deepen the airline's financial troubles

Stock trader's guide to navigating high-stakes meeting between Trump, Xi

A successful meeting between the two leaders on May 14-15 may provide an extra boost for Chinese equities, which have lagged their Asian peers

Traders bet on Asia's tech giants for next leg up in global stocks rally

Shares in South Korea and Taiwan have rallied the most in the world this month, with the surge in the Kospi index taking it up 78 per cent for the year

Global oil stockpiles deplete at record pace due to Iran war disruptions

The sharp depletion will also mean the market stays vulnerable for longer to future disruptions even after the conflict ends

UK moves warship to West Asia for potential Strait of Hormuz mission

France recently announced it had moved its Charles de Gaulle aircraft carrier to the Red Sea in a move aimed at signaling that the coalition stood ready to secure the strait

Putin marks Victory Day with scaled-down parade after Ukraine ceasefire

The parade passed off without incident after days of spiraling tensions between Russia and Ukraine until Trump unexpectedly announced the ceasefire late Friday

Elon Musk, Sam Altman under fire over management styles in OpenAI trial

The trial, which just finished its second week, is revisiting OpenAI's arc from scrappy startup founded in 2015 to benefit humanity to behemoth now valued at almost $1 trillion

Democrats' midterm math dealt blow as Supreme Court tosses Virginia map

The decision marks a significant milestone in an escalating effort by Republicans and Democrats to maximize partisan advantages ahead of the November vote by redrawing congressional districts

Poor returns drive Indian investors to foreign markets as rupee weakens

Indian investors are increasingly turning to overseas markets for diversification, stronger returns and exposure to global technology themes