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Kamala Harris gets muted response in India as few see change in US ties

US has sought to cultivate deeper partnership with India as bulwark against more assertive China, while India has sought greater US investment and deeper cooperation in technology sharing and defence

India's foreign exchange reserves jump about $10 bn on JPMorgan bond move

Foreign investors have poured money into India's markets this year as they look for alternatives to Chinese equities and after JPMorgan announced the inclusion of India's bonds into its key index

HDFC Bank's unit in talks with global banks, seeks $300 mn in offshore loan

HDB Financial Services Ltd. is in talks with a group of global and local banks to finalise the terms

Chinese social media embraces Trump after Kamala Harris steps into race

The American election dominated the top four slots of China's X-like Weibo platform early Monday, as China awoke to President Joe Biden's departure from the 2024 race

Tax cuts to welfare support: Here's what to expect from Modi 3.0 1st Budget

Government is expected to reduce its deficit target slightly from the 5.1 per cent of gross domestic product projected before the elections

SBI Fund sees Union Budget 2024 arming Reserve Bank with liquidity tool

MSS bonds are issued by the government outside the normal borrowing program to enable the Reserve Bank of India soak up liquidity

Kamala Harris seen as tougher opponent of oil industry than Biden

Analysts and environmental advocates say Harris' approach toward fossil fuel development puts her to the left of Biden

Suzuki expects India's automobile market to grow fivefold by 2047

A total of 4.2 million passenger vehicles were sold in India in the fiscal year ended in March, according to the Society of Indian Automobile Manufacturers

Biden's exit from race puts Trump trade in doubt as election gets re-set

The basics of the Trump trade have taken the form of support for rising US bond yields, gains in bank, health and energy stocks as well as Bitcoin and a stronger dollar

Need to face up to junk food crisis as study shows 23% Indians overweight

Indians need simple, easy-to-understand, and prominent warning labels, so that their better natures are given a chance to overtake their impulses

Secret Service head to answer on Trump's security after assassination bid

Critics have dubbed the shooting a catastrophic failure for the Secret Service, the primary agency assigned to protect US political leaders and their families

As Biden drops out of race, who gets $96 mn in his campaign account?

Vice President Kamala Harris, who has mounted her own White House bid under what used to be the Biden-Harris campaign, has access to that cash

Harris says running for prez, becomes frontrunner after Biden drops out

Biden, the oldest US president in history at 81, said earlier Sunday he would not seek reelection, reversing his decision after weeks of mounting pressure from fellow Democrats to end his bid

UK faces fiscal hole if Labour govt grants above-inflation pay awards

Independent pay review bodies that represent more than 1.8 million teachers and National Health Service workers have recommended pay increases of about 5.5%, according to the Times

Xi Jinping vows to rewire China's finances, help indebted regions

China's top leader mapped out measures for fixing the debt crisis facing regional authorities in a near-22,200 character resolution published by the official Xinhua News Agency

US elections: Trump fans yell they want Biden, not Harris, as 2024 opponent

The president is huddling this weekend with top political aides as he plots a return to the campaign trail despite an onslaught of anxious pleas from fellow Democrats to step aside

Bangladesh PM Hasina cancels overseas trips as deadly protests escalate

The administration has stepped up efforts to quell clashes between police and the students protesting the government's job quota policy

Boeing sees 20-yr jetliner market doubling as industry fights disruptions

The company expects the global freighter fleet to increase by two-thirds by 2043 to support similar growth in air cargo growth

Russia cuts crude oil exports to keep more barrels at home for refiners

The country's seaborne crude shipments have slumped to the lowest since January, and are likely to remain near that level through to the end of August

Investors in Asia see Biden withdrawal as benefiting 'Trump trade'

Global investors see the Republican's policies on tariffs, immigration and deficits leading to a stronger dollar and higher bond yields