Bloomberg
Bloomberg
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Rajasthan discoms must pay Rs 3k-cr compensatory tariff to Adani Power: SC
Adani is fighting multiple court battles against states including Rajasthan, and Haryana, seeking compensatory tariffs that reflect the cost of the pricier imported coal it uses to fire its plants
 "Rajasthan discoms must pay Rs 3k-cr compensatory tariff to Adani Power: SC")
How $300 bn of Russian cash pile can rattle global money markets
Russia's central bank and private sector have almost $1 trn of liquid wealth, with a much larger share of this held in US dollars than most people realise, says a Credit Suisse strategist
 "How $300 bn of Russian cash pile can rattle global money markets")
Ukraine fights Russian invasion as West ramps up sanctions on Kremlin
President Volodymyr Zelenskiy said Ukraine's military had stopped Russia from achieving its objectives in the first day of the assault
 "Ukraine fights Russian invasion as West ramps up sanctions on Kremlin")
Amazon's India partner Samara Capital plans $500 mn fund: Report
The Mumbai-based company is looking to invest in businesses ranging from retail and health care to technology and finance.
 "Amazon's India partner Samara Capital plans $500 mn fund: Report")
Canada clears world's first plant-based vaccine against Covid-19
The approval gives people who are hesitant to take currently available vaccines made by Pfizer Inc., AstraZeneca Plc and Moderna Inc. another option.
 "Canada clears world's first plant-based vaccine against Covid-19")
Russia-Ukraine war: Economic power is the West's best weapon against Putin
Russia's onslaught has been anticipated for months
 "Russia-Ukraine war: Economic power is the West's best weapon against Putin")
Alibaba has a much bigger problem than the crackdown on technology
Alibaba's struggle is borne out in the numbers. Revenue for the three months to December climbed just 10%, compared with 29% growth the prior period
 "Alibaba has a much bigger problem than the crackdown on technology")
Gold glitters at highest since 2020 amid Russia-Ukraine crisis
Spot gold jumped as much as 3.4 per cent to $1,974.34 an ounce
 "Gold glitters at highest since 2020 amid Russia-Ukraine crisis")
Ruble falls to lowest since 2016; markets down as Russia attacks Ukraine
The military attack on Ukraine cast a pall over global markets and sparked another bout of global risk aversion
 "Ruble falls to lowest since 2016; markets down as Russia attacks Ukraine")
Russian stock market rout wipes out $250 bn in value after Ukraine attack
Russian assets nosedived as military attacks across Ukraine prompted emergency central bank action and investors braced for the toughest round of Western sanctions yet
 "Russian stock market rout wipes out $250 bn in value after Ukraine attack")
Russia-Ukraine crisis: 'Don't interfere,' Vladimir Putin warns world
Russia enters Kyiv, says over 70 military targets in Ukraine destroyed
 "Russia-Ukraine crisis: 'Don't interfere,' Vladimir Putin warns world")
Boeing, Airbus in talks for multi-jet order from Air India: Report
The planemaker is in constant talks with current and prospective customers concerning fleet requirements
 "Boeing, Airbus in talks for multi-jet order from Air India: Report")
Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets
The largest token fell as much as 8.5% to $34,337 after Vladimir Putin's push to demilitarise Ukraine started with a barrage of missile attacks on Thursday
 "Cryptos: Bitcoin, Ether dive as Russia's assault on Ukraine rocks markets")
Russia dares West with attack on Ukraine, warned of 'decisive response'
Russia launched a barrage of missile, artillery and air attacks early Thursday, triggering the worst security crisis Europe has witnessed in decades.
 "Russia dares West with attack on Ukraine, warned of 'decisive response'")
Food inflation risks balloon as prices of wheat to palm oil soar
Ukraine and Russia account for about a quarter of the global trade in wheat, a fifth of corn sales, and 80% of worldwide sunflower oil exports.
 "Food inflation risks balloon as prices of wheat to palm oil soar")
Extreme wildfire impacts to increase dramatically by 2100, UN says
Over the past decade the intensity and impact of wildfires has grown worldwide, with 2020 a particularly devastating year that seemed to herald the arrival of an apocalyptic new era.
 "Extreme wildfire impacts to increase dramatically by 2100, UN says")
More than a third of India's urban dwellers oppose crypto law: Survey
Those opposed to regulation cited concerns ranging from heavy taxation to a potential outright ban on non-exchange-traded tokens
 "More than a third of India's urban dwellers oppose crypto law: Survey")
BioNTech, Pfizer plan shingles shot in third joint mRNA project
The partners expect to start human trials of the new vaccine in the second half of this year, they said in a statement
 "BioNTech, Pfizer plan shingles shot in third joint mRNA project")
German energy giant Uniper gets $11 billion to pay margin calls
Uniper got additional loans totaling $11.3 billion from its Finnish parent Fortum Oyj and KfW IPEX-Bank
 "German energy giant Uniper gets $11 billion to pay margin calls")
US companies add most jobs in seven months amid record openings: ADP data
The larger-than-expected payrolls gain could indicate that employers had more success hiring in December as higher wages and attractive working terms lured people off the sidelines
 "US companies add most jobs in seven months amid record openings: ADP data")
