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India to get respite from heat that sent mercury to 49 degrees: IMD

Heat waves could ease further, before the mercury starts rising again next week, says an IMD official

US at 'very, very high risk' of recession, says Goldman Sachs' Blankfein

Goldman Sachs Senior Chairman Lloyd Blankfein urged companies and consumers to gird for a US recession

Goldman Sachs allows workaholic senior staff to take unlimited vacation

Junior employees will be given at least two extra days off each year under the new policy introduced at the start of the month.

What it's like to live through India's non-stop searing heat wave

A diary from New Delhi on a recent day when the city of 19 million struggled to cope with killer temperatures

Global wheat prices soar in risk to inflation as India restricts exports

Benchmark futures in Chicago rose as much as 5.9% to $12.475 a bushel, the highest in two months and within about $1 of the all-time high set just after Russia's invasion

Crisis-hit Sri Lanka stumbles toward its first default on foreign debt

The island nation could be formally declared in default if it fails to make an interest payment to bondholders before Wednesday, when the 30-day grace period for missed coupons on dollar bonds ends

Inflation: Why RBI should have paid more attention to detergent prices

Operating at magic price points is like running a high-school experiment in "titration," dripping a liquid of known properties into another of unknown concentration and stopping when the color changes

Covid-19 pandemic: North Korea's cases at 820,000, death toll hits 42

There were about 296,000 cases of fever with 15 deaths, the Korean Central News Agency said

IMF increases weighting of dollar, yuan in SDR basket amid weakness

The IMF raised the yuan's weighting to 12.28 per cent from 10.92

EU drafts plan for buying fuel from Russia without breach of sanctions

European companies have been scrambling for weeks to figure out how they can meet Moscow's demand and keep the crucial gas flowing without violating sanctions on Russia's central bank

Saudi Aramco profit soars 82% on high oil prices in first quarter

State-controlled Aramco made net income of $39.5 billion, up 82 per cent from a year earlier, when global energy demand was still severely suppressed by the coronavirus pandemic

Adani nears $10- bn deal for controlling stake in Holcim India business

The Adani Group is hammering out the final details of a $10 billion deal for 63.1% of Ambuja Cements Ltd. along with related assets

Omicron infection turbo-charges vaccinated people's Covid immunity: Study

Findings match up evidence for an immune boost from exposure to different virus variants via vaccination and infection.

India restricting wheat exports could make world's food problems worse

India's decision to halt wheat exports came as a record-breaking heat wave parched the crop during a crucial period, spurring estimates of slumping yields.

Faith of millions of Indian small investors put to test with LIC debut

The 65-year-old firm has almost $500 billion in assets, 250 million policy holders and makes up almost two-thirds of the market.

ARK's Cathie Wood just keeps buying Coinbase and getting more inflows

While the rest of Wall Street was ditching Coinbase stock, Wood and her team stuck to their playbook and used the drop to increase holdings, adding about 860,000 shares in the week through Thursday

Crypto prices slip after Bitcoin's most volatile week in two years

Analysts say Bitcoin's $30,000 threshold will become 'a major resistance' if prices continue to consolidate below that mark over the next few days

Mukesh Ambani, Britain's Issa brothers face off in final battle for Boots

Issa brothers are going up against Mukesh Ambani, who's been working on a bid for the Boots drugstore chain together with buyout firm Apollo Global Management Inc

From sneakers to Teslas, China lockdowns upend global supply chains

While "supply-chain disruption" is emerging once more as the most repeated phrase of corporate earnings season, the impact goes beyond multinationals' profits

Monsoon set to arrive early in Kerala by May 27, help India's crop sowing

Timely monsoon rains are critical for India's farm output and economic growth at a time when the country is battling soaring food prices.