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China boosts index investments in latest measure to revive market

The government aims to achieve a significant increase in the scale and proportion of index investment in the capital market through efforts over a period of time

China boosts index investments in latest measure to revive market
Updated On : 26 Jan 2025 | 11:21 PM IST

China's rising power demand hinders climate goals as coal usage increases

But that hasn't happened so far, in large part because the nation's energy demand is growing unprecedentedly fast, requiring ever more coal to be burned. Electricity use grew 6.8 per cent last year

China's rising power demand hinders climate goals as coal usage increases
Updated On : 26 Jan 2025 | 11:16 PM IST

Marco Rubio stresses 'America First' in call with China's FM Wang Yi

Rubio emphasized to Wang that the new US administration would pursue a relationship with China that 'advances US interests and puts the American people first'

Marco Rubio stresses 'America First' in call with China's FM Wang Yi
Updated On : 25 Jan 2025 | 2:03 PM IST

Donald Trump revives push for immunity against US Capitol attack lawsuits

Trump's lawyers argued in the latest brief that he only had to clear a 'low bar' of showing that his actions after the 2020 election could be 'reasonably' understood as official conduct

Donald Trump revives push for immunity against US Capitol attack lawsuits
Updated On : 25 Jan 2025 | 9:49 AM IST

Hegseth gets Senate nod, becomes defence secretary in a bow to Trump

Move by the Republican-controlled Senate was a testament to Trump's ability to maneuver his narrow control of Congress, as lawmakers voted 51-50 to back Hegseth

Hegseth gets Senate nod, becomes defence secretary in a bow to Trump
Updated On : 25 Jan 2025 | 9:13 AM IST

Banks led by Morgan Stanley prepare to sell around $3 bn of X buyout debt

Bankers have contacted a small group of investors to assess their interest in buying chunks of at least $250 million at a discounted price in the range of 90 to 95 cents on the dollar

Banks led by Morgan Stanley prepare to sell around $3 bn of X buyout debt
Updated On : 25 Jan 2025 | 6:47 AM IST

Starbucks CEO Brian Niccol makes $96 mn in first four months on the job

Niccol's annual pay package is likely to be valued at about $113 million at the time of his hiring, with a large part tied to equity to replace awards from his prior employer that he had to relinquish

Starbucks CEO Brian Niccol makes $96 mn in first four months on the job
Updated On : 25 Jan 2025 | 6:38 AM IST

Donald Trump deploys military force as he launches crackdown on migrants

Defense Department said at least four military planes will also be used to help carry out deportations of about 5,000 detained migrants from El Paso and San Diego

Donald Trump deploys military force as he launches crackdown on migrants
Updated On : 25 Jan 2025 | 6:32 AM IST

US Prez Donald Trump flexes tariff threat as 'big power' over China

The president had praise for Kim, saying the North Korean leader "happens to be a smart guy" and isn't a "religious zealot" like the leaders of Iran. Trump said he plans to reach out to Kim

US Prez Donald Trump flexes tariff threat  as 'big power' over China
Updated On : 24 Jan 2025 | 10:31 PM IST

JLR owner says slow China economy hurting luxury car sales

Simultaneous shift toward advanced EVs in the market dominated by local manufacturers such as BYD is also hurting the likes of JLR, Porsche AG and Mercedes-Benz Group AG

JLR owner says slow China economy hurting luxury car sales
Updated On : 24 Jan 2025 | 1:38 PM IST

On immigration, India has good reason to help shore up Donald Trump's wall

US leaders might be surprised at how unbothered most Indians or even Indian Americans are likely to be about the proposed repatriations

On immigration, India has good reason to help shore up Donald Trump's wall
Updated On : 24 Jan 2025 | 9:05 AM IST

Trump's Cabinet picks: Where do they stand in confirmation process

It's been slow going in the procedure-heavy Senate since Monday's inauguration, with only two of Trump's top picks- Secretary of State Marco Rubio and CIA Director John Ratcliffe- confirmed

Trump's Cabinet picks: Where do they stand in confirmation process
Updated On : 24 Jan 2025 | 8:56 AM IST

I know interest rates better than Fed chief Jerome Powell, says Trump

Trump's comments came hours after he delivered a video address to the world's elite at the World Economic Forum in Davos, Switzerland, where he called for an immediate drop in interest rates

I know interest rates better than Fed chief Jerome Powell, says Trump
Updated On : 24 Jan 2025 | 8:43 AM IST

Investors grow selective with weaker Indian shadow banks after debt binge

For investors, buying into India's debt presents a chance to tap into one of the world's fastest-growing economies, earn higher yields, and diversify away from China

Investors grow selective with weaker Indian shadow banks after debt binge
Updated On : 24 Jan 2025 | 8:27 AM IST

Trump halts authorisations for renewable projects on federal lands, waters

President Donald Trump and his nominees have championed oil, gas and coal production while disparaging renewable power as unreliable

Trump halts authorisations for renewable projects on federal lands, waters
Updated On : 24 Jan 2025 | 8:03 AM IST

RBI expected to transfer another bumper payout to govt, say analysts

The RBI makes an annual payout to the government from the surplus income it earns on investments and valuation changes on its dollar holdings

RBI expected to transfer another bumper payout to govt, say analysts
Updated On : 24 Jan 2025 | 12:13 AM IST

Bharat Petroleum struggles to get Russian crude cargoes for March

India's second-biggest refiner has been relying on Russian barrels, which are at least $3 per barrel cheaper than dated Brent, for about a third of its feedstock

Bharat Petroleum struggles to get Russian crude cargoes for March
Updated On : 23 Jan 2025 | 11:45 PM IST

Investors pull out cash from India ETF for 3rd week on growth woes

The iShares MSCI India ETF, known by its ticker INDA, recorded $207 million in outflows last week, marking its third consecutive week of losses

Investors pull out cash from India ETF for 3rd week on growth woes
Updated On : 23 Jan 2025 | 11:37 PM IST

Insurers push for more hedging tools from regulator to boost strategies

Currently, the regulatory norms do not permit insurers to use instruments like options to manage equity-market risks

Insurers push for more hedging tools from regulator to boost strategies
Updated On : 23 Jan 2025 | 3:15 PM IST

JSW Steel seeks syndicated loan of up to $900 mn from international lenders

JSW Steel's loan comes amid a busy period for Indian borrowers, with Reliance Industries and Greenko Energy Holdings's founders also tapping foreign debt as local funding rates remain elevated

JSW Steel seeks syndicated loan of up to $900 mn from international lenders
Updated On : 23 Jan 2025 | 2:19 PM IST