The money was transfered Monday, Ajith Nivard Cabraal, the state minister for money and capital markets, said by phone
Beijing's bold moves to rein in nation's powerful tech firms such as Jack Ma's Ant Group Co., Didi Global Inc. have sent global investors fleeing on concerns over China's tighter grips on data
The surge on Monday brought crypto markets back to life after they've been stuck in the doldrums for months
With losses in Chinese tech and education stocks now exceeding $1 trillion since February, the questions reverberating across trading desks from Shanghai to New York
The stakes are huge for the North African nation
On Saturday, China released new regulations that ban companies that teach school curriculums from making profits, raising capital or going public
The sellers of Singapore-based Great Learning will receive certain payments based on its future performance, and Byju's will set aside a further $400 mn to boost the unit's growth
If it becomes too expensive to cover losses for natural disasters, insurers will pull back toward areas that are more profitable.
A year and a half into the pandemic, policy makers have given little thoughtful guidance to families.
Five big miners could report combined earnings of $85 billion; Rio Tinto, Vale and Anglo are due to report financial results this week
Beijing on Saturday published a plethora of regulations that together threaten to up-end the sector and jeopardise billions of dollars in foreign investment
Giveaways are the less politically fraught option, though they have raised ethical questions
Bitcoin had looked to be in danger of further declines after it fell below $30,000 earlier in the week
Retail money fund balances still have $1 trillion versus $643 billion in 2015, according to DataTrek
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
The delta variant has some characteristics that give it a better chance of causing an infection, which means it escapes initial shield provided by antibodies, but vaccinated people are at a lower risk
The California-based car producer is currently lobbying for lower taxes on imports as it considers plans to expand into India, one of the world's biggest emerging car markets
The real issue is that the government and the bureaucracy, unlike in 1991, aren't set up to develop a consensus behind liberalizing reforms
The nation's NSE Nifty 50 Index is among Asia's top gainers this month, beating the regional benchmark by about 4 percentage points
The plan follows a major power outage in India's financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack