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India bluechips to shift to world's fastest settlement cycle T+1 this week

Starting Jan. 27, stocks from Reliance Industries Ltd. to Tata Consultancy Services Ltd. and Adani Enterprises Ltd will be settled on a 'trade-plus-one-day' timeline versus the earlier two-day process

Google CEO Sundar Pichai tells staff job cuts avoided 'much worse' issues

Google has said it would eliminate about 12,000 jobs, becoming the latest tech giant to retrench after years of abundant growth and hiring

'Greatest ever': Citadel made nearly $16 billion for clients in 2022

The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds

Pakistan's State Bank raises key rate by 100 basis points as crisis mounts

State Bank of Pakistan raised the target rate to 17%, a move expected by 25 of 43 economists in a Bloomberg survey. The majority of the economists had forecast a hike ranging from 75-200 basis points

Automakers focus on low-cost battery powered SUVs in budding EV market

Homegrown manufacturers Tata Motors Ltd. and Mahindra & Mahindra Ltd. are now jostling with Chinese giants BYD Co. and SAIC Motor Corp

As world economy looks beyond China, India steps up as a new powerhouse

As powerhouses from China to Germany contend with slowing growth, the stakes are rising to find another nation equipped to propel the global economy

US-India relations not a Bollywood movie, need more than just photo-ops

A new survey shows that Indians view the US as the biggest military threat to their country after China - and, even more shocking, put it ahead of Pakistan

Covid-19 pandemic: China reports more than 12,600 deaths in a week

There were 12,658 Covid-linked deaths at hospitals between January 13-19, the Chinese Center for Disease Control and Prevention said in a statement

Ugly truth of layoffs: Firms invest huge resources to rebuild workforce

'Understaffing isn't always a result of management short-sightedness'

Signature Bank pulls back from crypto transactions below $100,000: Binance

The shift comes after the Federal Deposit Insurance Corporation warned of crypto-asset risks

Singapore's Zilingo to enter liquidation after crisis at fashion start-up

Zilingo had been one of the highest-profile startups to emerge from Singapore

Google parent Alphabet to cut 12,000 jobs, over 6% of its global workforce

'Thank you for working so hard', says Google after cutting 12,000 jobs

Google cuts add to tech wipeout that has claimed over 100,000 jobs

Big tech companies benefitted from boom in e-commerce sector that kicked off during Covid lockdowns in 2020 but now they are reporting declining growth rates as customer behavior returns to normal

Davos 2023: UAE, India in early talks to settle non-oil trade in rupees

Thani Al-Zeyoudi, the UAE's minister of state for foreign trade said other countries, including China, had also raised the issue of settling non-oil trade payments in local currencies

Apple to expand smart-home lineup with new displays, faster TV set-top box

The push into smart displays will start with a tablet product - essentially a low-end iPad - that can control things like thermostats and lights, show video and handle FaceTime chats

Xi Jinping says China's Covid-19 fight in new stage, faces tough tasks

Xi said the current outbreak has been 'fierce' and China still faced tough tasks, state broadcaster China Central Television reported late Wednesday

Belying slowdown fears, Indian economy's animal spirits move to the right

Prices of finished products rose as firms passed on higher input costs and business expenses

'Avatar 2' is now top-grossing pandemic-era film, surpassing 'Spider Man'

The James Cameron-directed film has taken in $1.93 billion globally, Disney said in a statement

European banks to Asian corporates, global bond sales reach nearly $600 bn

Financial firms have led the charge in global issuance this year as a sector, with year-to-date sales topping $250 billion

What to watch for after India overtakes China as most-populous nation

The challenge for India, which is estimated to grow 7% in the year ending March, is to sustain that pace of expansion in the coming decades or end up with even higher unemployment rates