Page 578 - Bloomberg

Taliban govt bans foreign currencies to keep Afghanistan economy afloat

Taliban has banned the use of foreign currencies in Afghanistan, a move that could weigh on an economy struggling with a cash crunch.

James Bond needs a salary raise: His restaurant bills aren't keeping up

The British secret agent's purchasing power depreciated over time: especially since the 1999 introduction of the euro.

Global oil demand back above 100 million barrels a day, says BP

Company posts $3.3 billion third-quarter profit, beating estimates as oil prices surge

Festive cheer for jewellers as Dhanteras fetches bumper gold sales

Dhanteras is traditionally seen as the most auspicious day in the Hindu calendar to buy gold

Warren Buffett, Goldman Sachs win from fintech gold rush in India

India's digital transactions are expected by PricewaterhouseCoopers to touch $3 trillion by March 2025 from more than $1.3 trillion now

Singapore has grand ambitions to become a global cryptocurrency hub

Singapore aiming to become a key player for cryptocurrency-related businesses as financial centers around the world grapple with approaches to handle one of the fastest growing areas of finance.

India must clean up coal-reliant power sector to reach net-zero emissions

Indian Prime Minister Narendra Modi delighted delegates at the COP26 climate summit with his announcement that the third-biggest emitter would reach net-zero by 2070.

Top lenders fuel higher consumer spending in India with easy credit

HDFC Bank's retail loans surged 12.9% in the three months ended September from a year earlier, the lender's first double-digit growth in such loans since the onslaught of the pandemic

Two billionaires' actions will determine India's response to climate change

Don't expect a gabfest in Glasgow to save the planet when the scene of real action is 4,000 miles east.

G20 agrees on 1.5 degrees Celsius target, but leaves COP26 with a lot to do

No mention of 2050 as deadline; leaders agree to end finance support for dirty coal plants by December-end

Two thirds of China's top developers breach state's 'red line' on debt

Developers are facing rising financial stress as stricter rules around borrowing and a deleveraging campaign weigh on the sector.

G-20 heads to endorse overhaul of how countries tax multinational companies

The pact had already won support in October, in principle, from 136 governments under the auspices of the OECD, and G-20 finance ministers endorsed a framework for the agreement in July

Why COP26 countries should not expect a net-zero pledge from India

Expecting both rich and poor countries zero out their emissions at the same time would be unjust

As oil races toward $100, India, US and Japan tell OPEC+ enough is enough

Behind closed doors, an intense campaign is being waged to persuade OPEC+ to speed up its output increases, according to multiple diplomats and industry insiders

G-20 still deadlocked as China won't budge on climate goals

In Rome summit, topic of coal is also proving extremely tricky

Nomura Holdings 'ashamed' after legal costs spark 95% slump in profit

"We are ashamed," CFO Takumi Kita­mura said during an earnings briefing on Friday

Euro inflation rises to 4.1%, hitting a new 13-year high in October

Consumer prices rose 4.1 per cent in October, compared with the median of economist estimates at 3.7 per cent

Move over Apple, Microsoft now the world's most valuable company

Apple's Q4 revenue falls short of expectations

India falling behind on near-term renewables goal, says ReNew Energy Global

India recently reached 100 Gw of renewable power capacity

50 million iPhones bring Apple back to second spot among phone makers

Apple Inc. reclaimed the second spot with 50.4 million iPhones shipped in the third quarter