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Russia's first default in a century looks all but inevitable now
With Vladimir Putin's govt hampered by asset blocks and branded a pariah by Western countries, speculation has mounted that Russia would only be able to avoid a default for so long
 "Russia's first default in a century looks all but inevitable now")
Inflation hedges are getting harder for individual investors to find
If U.S. policy makers follow through on their aggressive tightening rhetoric, we could be in for some testing times
 "Inflation hedges are getting harder for individual investors to find")
Pakistan political crisis: Imran Khan ousted, paving way for power shift
Pakistan political crisis: Parliament will convene again on Monday to pick a new prime minister, which will almost certainly be opposition leader Shehbaz Sharif.
 "Pakistan political crisis: Imran Khan ousted, paving way for power shift")
Rishi Sunak's wife to pay UK taxes as pressure mounts on chancellor
The chancellor and his family are trying to repair the damage to his reputation after a series of stories about his wealthy lifestyle fed into the growing perception that he's out of touch with the st
 "Rishi Sunak's wife to pay UK taxes as pressure mounts on chancellor")
UK Chancellor Rishi Sunak's star fades just as 10 Downing Street in reach
For the first time in his political career Sunak is under siege, unable to shrug off a perception that he doesn't understand the plight of ordinary Britons squeezed by surging fuel and food costs.
 "UK Chancellor Rishi Sunak's star fades just as 10 Downing Street in reach")
Drunk plane maintenance workers of airline, oil firm caught in crackdown
India in December revised guidelines to expand the universe of airport workers who would be subjected to breath-analyzer checks.
 "Drunk plane maintenance workers of airline, oil firm caught in crackdown")
The street has spoken in Sri Lanka: the Rajapaksa brothers have to go
The government prioritized servicing external debt rather than ensuring it could provide for its people
 "The street has spoken in Sri Lanka: the Rajapaksa brothers have to go")
Rishi Sunak's wife leans on non-domiciled status to prune tax outgo in UK
Murthy is the daughter of Indian billionaire, Infosys Ltd. co-founder Narayana Murthy, and she owns 0.93% of the company's shares, according to Bloomberg data.
Shanghai's Covid lockdown risks becoming biggest crisis of Xi's tenure
The struggle to obtain daily necessities like food and medical care has triggered rare pushback from residents, with some saying the Communist Party's cure is worse than the disease
 "Shanghai's Covid lockdown risks becoming biggest crisis of Xi's tenure")
Russia says Ukraine gave 'unacceptable' draft peace proposal
In Brussels, Ukrainian Foreign Minister Dmytro Kuleba urged Nato to provide more weapons
 "Russia says Ukraine gave 'unacceptable' draft peace proposal")
Dissolution unconstitutional: Pakistan SC orders no-trust vote on April 9
The parliament ruling is "declared contrary to the constitution and the law," Chief Justice Umar Ata Bandial said of the unanimous verdict
 "Dissolution unconstitutional: Pakistan SC orders no-trust vote on April 9")
New Sri Lanka central bank boss calls monetary policy meet on Friday
Nandalal Weerasinghe, a former senior deputy governor of the Central Bank of Sri Lanka who has worked with the IMF, will replace Cabraal on Thursday
 "New Sri Lanka central bank boss calls monetary policy meet on Friday")
Pakistan seeks to skirt crisis with biggest rate hike since 1996
The key rate now stands at 12.25 per cent, State Bank of Pakistan said in a statement on Thursday
 "Pakistan seeks to skirt crisis with biggest rate hike since 1996")
Tata's Neu: Group packs power brands in all-in-one e-commerce app
Described as a "super-app" and in the pipeline since at least mid-2020, the website called it "a unified platform that connects several brands across the Tata universe like never before"
 "Tata's Neu: Group packs power brands in all-in-one e-commerce app")
Jet Airways plans to return with a mix of premium, no-frills services
The consortium infused Rs 500 million into Jet Airways 2.0 -- as it is dubbed by the new owners -- in January, and lenders have said they don't object to an extension of 60 days.
 "Jet Airways plans to return with a mix of premium, no-frills services")
Suspected Chinese hackers collect intelligence from India's power grid
The hackers compromised an Indian national emergency response system and a subsidiary of a multinational logistics company
 "Suspected Chinese hackers collect intelligence from India's power grid")
RBI likely to revise inflation outlook as it extends rate pause: Economists
Expectations are for the RBI to revive open-market operations or resort to Operation Twists, wherein it buys longer bonds and sells shorter-dated notes, to support the market amid record debt supply
 "RBI likely to revise inflation outlook as it extends rate pause: Economists")
Mocked as 'rubble' and fighting sanctions, Russian ruble comes roaring back
The rapid ruble recovery gives Putin a major victory back in Russia, where many people fixate on the currency's ups and downs
 "Mocked as 'rubble' and fighting sanctions, Russian ruble comes roaring back")
Actis to buy $400-million road assets from India's Welspun Group
'The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders'
 "Actis to buy $400-million road assets from India's Welspun Group")
Cash flood, not green dreams, leads to slump in oil bond sales
The slump in fossil-fuel issuance isn't necessarily a sign bankers have woken up to the seriousness of climate change
 "Cash flood, not green dreams, leads to slump in oil bond sales")