Page 380 - Bloomberg

'RBI need not rush to ease rates unless certain of stable-low inflation'

Bhide's comments echo that of Governor Shaktikanta Das that a pivot can be considered when price-gains settle near the mid-point of its 2%-6% range on a durable basis

European natural gas prices rise as Russian mutiny adds to supply fear

The uncertainty of what could happen in the coming weeks within Russia itself, rather than within Ukraine, is pushing gas higher

China's economic recovery worsens with weak consumer spending data

Domestic travel spending during the recent holiday for the dragon-boat festival was lower than pre-pandemic levels, according to official data released this weekend

Rupee vs rupiah: In high-yield battle, Indian assets may beat Indonesia's

The highest bond yields among major Asian nations and a less volatile currency thanks to the central bank's intervention are burnishing the appeal of rupee assets

US unable to solve mystery of Covid-19 origin, shows declassified report

"When President Biden signed the Covid-19 Origin Act, he directed the intelligence community to use every tool at its disposal to investigate the origin of Covid-19," White House NSC spokesperson

Nvidia CEO Huang says chipmaker 'extremely likely' to invest in Europe

Nvidia's value has jumped as its graphics processors have become the most popular for data centers needed to power generative artificial intelligence

Eli Lilly's Mounjaro gives positive results in obese diabetic people

Diabetes occurs when the body loses the ability to control blood sugar, and it's one of the world's most common serious diseases

Goldman starts cutting number of MDs across the globe amid deals slump

The moves are part of a deep cost-savings drive at the bank, which has seen at least three rounds of job cuts in less than a year

Russia accuses Wagner Group chief Prigozhin of mounting an armed uprising

President Vladimir Putin was getting round-the-clock updates from security officials on their efforts to counter "the attempt at an armed mutiny" by Yevgeny Prigozhin

Unwanted space: World's empty office buildings have become a debt time bomb

The number of transactions is plunging-and when deals do happen, the price declines are stark

Consumer slowdown needed; risk of US recession down: Janet Yellen

"Inflation has really come down a lot - and there's more in the pipeline," Yellen predicted, partly due to an expected adjustment in the housing market

Tiger Global Management falling short of $6 billion target for new fund

Last year was the firm's most tumultuous since its founding in 2001, but this year's surge in AI-related stocks has helped underpin a rebound for Tiger and other tech-focused hedge funds

Adani stocks tumble on US inquiry concerns; group losses Rs 48k cr in m-cap

During the week, the Adani group lost $9 billion in market cap - most in nearly four months

India and UK regulators close to resolving clearing house impasse

The legal framework of India, as implemented by the RBI, provides for an effective equivalent system for the recognition of central counterparties authorised under other regimes of other countries

Tycoon Shapoor Mistry's firm set to sell India's biggest low-rated bond

The offering comes at a time when investors are turning bullish on India's credit market as a strong economy and improved corporate balance sheets have alleviated concerns

El Nino's fierce heat carries new risk of resurgent deadly viruses

Mosquitoes that transmit such viruses flourish in the warmer weather that El Niño is set to bring to many parts of the world

Reliance Jio in talks to raise about $1.6 billion for equipment from Nokia

Banks involved in the discussions with billionaire Mukesh Ambani's telecoms company include Citigroup Inc., HSBC Holdings Plc. and JPMorgan Chase & Co., said the people

AI threatens jobs but more than a quarter of workers still plan to quit

The study found that more than one in four (26%) unspecialised office workers, like administrative assistants, are looking to change jobs in the next 12 months, up from 19% a year ago

Citi signals consequences for not complying with return to office norms

While the vast majority of staffers are following the firm's rules for hybrid work, the moves are focused on those employees with persistent, unexplained absences

Five men lost on Titanic sub were bound by their love of exploration

Coming from different backgrounds, they converged in St. John's, Newfoundland, a Canadian city on the easternmost tip of North America, bound by a common dream of seeing the remains