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A hard lesson for Byju's Raveendran amid mass firings, delayed results

The former teacher from the southern state of Kerala got carried away. In 2015, just as a smartphone revolution was about to kick off in India, he launched a learning app

Adani Group draws regulatory scrutiny in the US after short seller's report

The US Attorney's Office in Brooklyn, has sent inquiries in recent months to institutional investors with large holdings in the India conglomerate, one person familiar with the inquiries said

Apple, Google, Microsoft CEOs among those invited for PM Modi's dinner

Among the celebrities from the entertainment world were filmmaker M. Night Shyamalan, Netflix Inc. Chief Content Officer Bela Bajaria, and media scion James Murdoch.

Interest rate hikes echo globally as inflation proves unrelenting

Swiss officials showed they're not ready to call time on monetary action either, even with inflation near 2%

JPMorgan to pay $4 mn fine to SEC as it mistakenly deletes 47 mn records

Brokerages like JPMorgan Securities are required to retain records of business communications sent and received for at least three years, the SEC said

UK will be 'OK': Sunak as rate hike exposes Conservative party's tensions

Sunak has repeatedly said voters should judge him on bringing inflation down - a pledge which sits awkwardly with his team's implied criticism of the Bank of England

Google's advertising tech in peril as EU joins US's breakup bandwagon

The US agency alleges that Google's dominance over advertising technology allows it to keep at least $0.30 out of every dollar advertisers spend through its online advertising tools

India plans to widen range of steel grades in manufacturing incentive plan

India has already approved an investment of about 6,300 cr rupees ($770 million) over five years to make high-grade specialty steel

Austria's Vienna ranked world's most liveable city for 2nd year running

As upended lives return to normal, education, health and cultural facilities are improving, according to the Economist Intelligence Unit's (EIU) Global Liveability Index 2023, which compiles the list

Rupee globalisation to spur easier trade with other nations: Ex-RBI dy guv

"India's share of global trade, both exports and imports, is around 7%," said Thorat. "Similarly the share in financial flows is also around the same"

National Investment & Infrastructure Fund in talks to raise $244 mn

Infrastructure investment trusts, known as InvIT for short, are like mutual funds and allow pooling of assets for financing projects and can help make up the shortfall in investment

Global money flocks to India as PM Modi meets Elon Musk, Ray Dalio

Stocks in India have lured almost $10 billion in net foreign inflows since March, set to be the most in any quarter since the end of 2020

As temp soars in India, officials dispute claims of 100 heat-related deaths

The people most at risk from heat waves are the poor, the old and very young, and those in isolated rural areas

Why the US should reach out to India's Opposition, not just PM Modi

Biden repeatedly insists the US stands for democracy against autocracy. If this is not just some expedient rhetoric, policy makers must bring moral principle in line with policy

After 'crying for days', Son to shift to offence mode in AI investments

The billionaire is ending years of dormancy after his Vision Fund

China starts fresh round of nationwide inspections to reveal govt debt

Local officials will be pressed to come clean about their so-called hidden debt as national leaders attempt to get a fuller picture of liabilities across all levels of government

Britain's debt exceeds 100% of GDP for the first time in 62 years

Inflation stays higher than expected, raising pressure for higher rates

Bitcoin hits six-week high as financial titans step up crypto initiatives

The largest digital asset rose as much as 6.1% and traded at $29,789 as of 11:26 am in New York on Wednesday, lifting the token's rebound this year to almost 80%. Smaller coins such as Ether, Cardano

Apple illegally interrogated staff about union, rules US labour board judge

The judge wrote that Apple should be required to "cease and desist" from coercively interrogating workers about their legally protected labor activism

Gambia tightens drug import rules for India after mass deaths from July 1

A report by a team of international experts blamed tainted medicine from India for an outbreak of kidney failure that killed more than 60 Gambian children last year