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US elections: Republicans confident of Trump's win as Biden faces pressure

Some say it doesn't matter at all whether Democrats swap out Biden, while others say the party might actually be worse off

US elections: Republicans confident of Trump's win as Biden faces pressure
Updated On : 19 Jul 2024 | 7:58 AM IST

Citigroup expects India to attract $100 billion in foreign Investments

Apart from climate transition, India's forays into electronics and infrastructure-related manufacturing are gaining prominence with investors abroad, an expert said

Citigroup expects India to attract $100 billion in foreign Investments
Updated On : 19 Jul 2024 | 7:38 AM IST

India put up tariff walls. To revive factories, it must bring them down

The jobs crisis in the most-populous nation has assumed alarming proportions. Young graduates are nine times more likely to be unemployed than those who can't read or write

India put up tariff walls. To revive factories, it must bring them down
Updated On : 19 Jul 2024 | 7:26 AM IST

Google set to lead $250 mn round by Indian mobile startup Glance InMobi

Outlay would increase Google's bets in the world's most populous country, where it vies with local contenders as well as global peers Microsoft, Meta Platforms and Amazon.com for new growth areas

Google set to lead $250 mn round by Indian mobile startup Glance InMobi
Updated On : 18 Jul 2024 | 11:20 PM IST

Prez Xi's big economic meeting shows party bracing for slower growth

The real estate sector, which at one point accounted for a quarter of China's gross domestic product, was mentioned just once in the nearly 4,000-word announcement

Prez Xi's big economic meeting shows party bracing for slower growth
Updated On : 18 Jul 2024 | 11:15 PM IST

Israeli officials consider letting EU, Palestinians control Rafah crossing

The US, United Nations and Arab states have urged Israel to reopen it to enable more supplies of food, fuel and medicine to get to Palestinian civilians in Gaza

Israeli officials consider letting EU, Palestinians control Rafah crossing
Updated On : 18 Jul 2024 | 11:03 PM IST

Biden faces intensified calls to step aside after diagnosed with Covid-19

Nearly two-thirds of Biden's own party say he should withdraw from the race, according to an Associated Press-NORC poll released hours before Biden's Covid diagnosis

Biden faces intensified calls to step aside after diagnosed with Covid-19
Updated On : 18 Jul 2024 | 10:48 PM IST

Adani, Wilmar likely to pick banks for sale of stake in joint venture

Representatives for the Adani group and Nuvama did not offer any immediate comments, while representatives for Jefferies, SBI Capital and Wilmar International declined to comment

Adani, Wilmar likely to pick banks for sale of stake in joint venture
Updated On : 18 Jul 2024 | 8:11 PM IST

Centre may cut fiscal deficit target slightly in Budget after revenue boost

Modi returned to power only with the support of coalition partners, who have been seeking more money for their states, already putting demands on the table for more than $15 bn in financial aid

Centre may cut fiscal deficit target slightly in Budget after revenue boost
Updated On : 18 Jul 2024 | 6:06 PM IST

Budget 2024: PM Modi allies Nitish, Naidu demands billions, pile pressure

For now, it seems that Modi will likely be able to manage those demands without blowing out the budget deficit.

Budget 2024: PM Modi allies Nitish, Naidu demands billions, pile pressure
Updated On : 18 Jul 2024 | 1:26 PM IST

PM Modi's new govt spending plans to remain in line with early projections

A modest expenditure plan could give an extra fillip to India's bond market, where benchmark yields are edging toward a 2-year low

PM Modi's new govt spending plans to remain in line with early projections
Updated On : 18 Jul 2024 | 12:34 PM IST

Top-performing Lombard Fund doubles down on India's junk credit bonds

South Asian nation's star economy and improving business environment, at a time of slowing growth in China, has made Indian assets investor darling

Top-performing Lombard Fund doubles down on India's junk credit bonds
Updated On : 18 Jul 2024 | 11:01 AM IST

VP Kamala Harris could lead if health declines, says President Biden

Biden, 81, acknowledged that questions about his age are a legitimate thing to raise

VP Kamala Harris could lead if health declines, says President Biden
Updated On : 18 Jul 2024 | 9:26 AM IST

Global shipping-market strain revives fear of inflation comeback again

The historic disruption of $25 trillion in global goods trade that culminated two years ago left the deep economic scars of inflation and paranoia about shortages

Global shipping-market strain revives fear of inflation comeback again
Updated On : 18 Jul 2024 | 9:25 AM IST

Russian firms find it difficult to get paid by China amid US sanctions

Those delays come after the US in June widened the parameters for determining whether to impose secondary sanctions by broadening the definition of Russia's military-industrial base

Russian firms find it difficult to get paid by China amid US sanctions
Updated On : 18 Jul 2024 | 9:05 AM IST

Risk of developing Long Covid falls, but remains substantial, shows study

The World Health Organization says tens of thousands of Covid cases are being reported globally. The actual number of infections is likely to be significantly higher

Risk of developing Long Covid falls, but remains substantial, shows study
Updated On : 18 Jul 2024 | 8:41 AM IST

Indian block trades led by global firms reach record $15 billion this year

Among block trades, Vodafone Group Plc subsidiaries raised about $1.8 bn by selling shares in India's Indus Towers Ltd. in June, while British American Tobacco Plc. sold part of its stake in ITC Ltd

Indian block trades led by global firms reach record $15 billion this year
Updated On : 18 Jul 2024 | 8:12 AM IST

Paris Mayor Hidalgo swims in Seine to show it's safe for Olympic races

Several swimming clubs that had gathered to watch Hidalgo dive in were enthusiastic about the possibility of a swim. A huge line quickly formed to go in the water

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Updated On : 17 Jul 2024 | 11:28 PM IST

Retired diplomat Vinay Kwatra nominated as new US ambassador to secure ties

Kwatra, who retired as India's foreign secretary earlier this month, will look to bring certainty to the India-US relationship

Retired diplomat Vinay Kwatra nominated as new US ambassador to secure ties
Updated On : 17 Jul 2024 | 11:23 PM IST

Johnson & Johnson Q2 profit beats expectations as forecast cut on M&A costs

Adjusted earnings for the quarter were $2.82 a share, the New Brunswick, New Jersey-based company said Wednesday in a statement, beating analysts' average estimate by 11 cents

Johnson & Johnson Q2 profit beats expectations as forecast cut on M&A costs
Updated On : 17 Jul 2024 | 10:52 PM IST