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Ditching Olympics can further damage Japan's recession hit economy

Not holding the games on top of an extended emergency could knock back growth this year by as much as 1.7 percentage point, says economist.

India's oil industry struggles to predict demand recovery in pandemic

Diesel and gasoline, which account for more than half of oil consumption in India, are bearing the brunt of lockdowns.

Data shows global warming could pass 1.5 degree Celsius in next five years

Most global leaders committed to taking actions that would limit global warming to 1.5ºC and below 2ºC by the end of the century.

India's economic activity slows down in April as states impose lockdowns

Activity in India's dominant services sector moderated for a second straight month in April.

Gold returns to where it started 2021 on Fed's dovish commitment

Signs of inflation would "prove to be largely transitory," Fed Vice Chair Richard Clarida said in a Yahoo! Finance interview

Bearish sign emerges for Indian stocks approaching record, shows data

"We don't expect the negative crossover to result in a sharp market decline like we saw in March last year," said Ruchit Jain, a technical analyst at Angel Broking Ltd

Nifty50 index ends above 15,300 for the first time since February 16

Index just 14 points shy of lifetime high

Tesla ditches radar sensors Elon Musk upheld after a fatal crash

Musk referred to radar sensors as "crutches" Tesla wanted to eliminate during the company's latest earnings call.

Global deal on corporation tax nears first stage as G-7 seeks common ground

Accord would pave way for wider consensus at G20, then OECD

China's strong recovery shows signs of softening as costs surge

Confidence among SMEs eased in May from the highest level since the Covid-19 outbreak in the previous month

Pre-war cars sell for roaring numbers at 2021's first major auction

Together the two auction houses that sold during the annual car show off the coast of Florida amassed sales of $61.3 million

Explained: Why Tokyo Olympics will be like no other amid Covid-19

Covid-19 is still spreading but the games appear to be going ahead, in what would be the biggest world event of the pandemic era

Cyclone Yaas weakens after pounding Odisha, West Bengal; 2 mn evacuated

The storm impacted several flights in the affected states as airports in Kolkata, Bhubaneswar, Rourkela and Durgapur remained shut. Ports and refineries were also on alert

Covid long-haulers baffle doctors with symptoms going on and on

No consensus has emerged on long-haul diagnosis, therapies

Assad eyes return to Arab fold as Syrians vote to give him seventh term

Syria's civil war erupted when the Arab Spring protests of 2011 were met with repression, morphing into armed rebellion and chaos.

Offices transform with movable walls, touchless elevators as workers return

Firms are experimenting with working arrangements and space in offices that are Covid-safe and attractive.

Centre may need to borrow Rs 1.6 trn more to pay states for revenue loss

The government is expected to muster only Rs 1.1 trillion as it borrows more for a second year straight.

Japan's ambitious Olympics plans marred by 'cascade of calamities'

While polls show a majority of Japan's citizens want the Olympics postponed or canceled so far there's no indication Prime Minister Yoshihide Suga that the games will be called off.

Burnout, depression soars among Indian healthcare workers in Covid crisis

The number of doctors for every 10,000 people in India has fallen to around nine in 2019 from 12 in 1991, according to data on World Health Organization's website.

Excessive antibiotics use in Covid-19 cases adds 'fuel to fire' in India

Doctors battling to save lives amid a dearth of effective treatments are turning to the medicines they have on hand.