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Oil up as OPEC raises 2021 demand growth forecast on hope pandemic wanes

OPEC raises 2021 global oil #demand growth view by 100,000 bpd to 6 mn

Futures fall on report United States will halt J&J's coronavirus vaccine

Futures on the S&P 500 fell and small cap contracts lost almost 1%

Mukesh Ambani comes to struggling Hamleys' aid, plans to quadruple outlets

Hamleys, a British retail icon that hasn't made a profit for a number of years, plans to quadruple its outlets in the former British colony to more than 500 in three years despite the pandemic

Jack Ma's fortune jumps $2 billion after record antitrust fine on Alibaba

The $2.8 billion fine is less severe than some investors feared and is based on only 4% of the company's 2019 domestic sales, far less than the maximum 10% allowed under Chinese law

India's Covid crisis stems from arrogance, hyper-nationalism, incompetence

Regulatory uncertainty, bullying, and contempt for legitimate profit-making is familiar to every entrepreneur in India.

Wall Street for all? India's beleaguered cryptocurrency crowd fights back

Mobile banking has indeed emerged as a way to end financial exclusion, a chronic problem in all emerging markets

Individual investors seeking yield in India snap up risky firms' debt

Company note sales to retail investors have more than doubled from a year earlier to Rs 6,720 crore so far in 2021

Billionaire Saudi Arabia family breaks the mould on kingdom's secrecy

BinDawood family's share sale to drive diversification push

Myanmar economy likely to contract up to 20% as crisis looms: Analysts

Small businesses are on the front lines of an economy now seemingly in free fall after a group of generals seized power

Ant Group to be financial holding firm in overhaul forced by China

Jack Ma's firm to fold all financial operations into holdco

Petrol usage in India jumps 27% to four-month high, shows data

Motor fuel demand rose to 88,380 tons per day last month, the highest level since November last year, according to official data.

India to see 'k-shaped' recovery as inequalities grow: ex-RBI governor

Duvvuri Subbarao says policymakers have limited to help the economy as India battles a second wave of Covid-19 cases.

Oil slips towards $59 as investors weigh near-term demand outlook

Futures in New York lost 0.5 per cent on Monday after falling 3.5 per cent last week

India gold imports jump to near two-year high as weddings revive demand

Overseas purchases increased more than sevenfold to 98.6 tons last month from 13 tons a year earlier.

Asia stocks dip with US futures amid rising Covid-19 cases; dollar edges up

Markets in China and Hong Kong lagged, despite a rally in Alibaba Group Holding after the weekend announcement of a record antitrust fine removed a regulatory overhang

A wealth tax is a bad way to pay off pandemic debts: Nobel economist

Angus Deaton said that levies on high-earners would be 'very difficult to implement' and give the wealthy 'huge incentives to avoid it'

Yemeni Houthis claim drone attack on Saudi Aramco's oil facilities

While attacks on Saudi cities and energy installations have increased this year, they rarely claim lives or cause extensive damage

Covid: Brazilian phase 3 study shows China's Sinovac jab has 50.7% efficacy

The study, which was posted online and hasn't yet been reviewed by independent scientists, showed the vaccine was more effective at protecting against dangerous infections

India sees job losses as states impose lockdowns to check new Covid-19 wave

Unemployment touched 8.6% for the week ending April 11, from 6.7% two weeks ago, showed data by CMIE.

Joe Biden's aggressive climate plan puts pressure on China, India

India is world's third-biggest polluter and it has yet to publicly commit to a pathway toward net zero emissions.