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Bloomberg

Bloomberg

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PM Modi's outreach to Vladimir Putin risks putting India in US crosshairs

Modi so far has managed to thread the needle between the two sides while advancing India's own interests. He's sought cheaper oil and much-needed weapons, to counter Beijing's aggression

PM Modi's outreach to Vladimir Putin risks putting India in US crosshairs
Updated On : 15 Sep 2022 | 11:09 PM IST

Bias behind Indian women finding fewer jobs, earning less: Oxfam report

The latest numbers underscore challenges in providing equal opportunities: Between 2010 and 2020, the number of working women in India dropped from 26% to 19%, according to the World Bank

Bias behind Indian women finding fewer jobs, earning less: Oxfam report
Updated On : 15 Sep 2022 | 5:32 PM IST

Shell CEO Ben van Beurden to leave at year-end; gas chief Sawan to step in

Shell Plc Chief Executive Officer Ben van Beurden will step down at the end of this year after almost 40 years at the company

Shell CEO Ben van Beurden to leave at year-end; gas chief Sawan to step in
Updated On : 15 Sep 2022 | 2:26 PM IST

WHO saying end of pandemic within reach falls flat in Covid zero China

Chinese are reacting with pessimism and humor to the World Health Organization chief saying the end of the pandemic is within reach, with millions of people still locked down

WHO saying end of pandemic within reach falls flat in Covid zero China
Updated On : 15 Sep 2022 | 2:22 PM IST

Bond investors risk getting burned if India fails to enter global indices

Bond purchases by global funds under the so-called Fully Accessible Route jumped to 42 billion rupees ($529 million) in August, the most since January

Bond investors risk getting burned if India fails to enter global indices
Updated On : 15 Sep 2022 | 12:27 PM IST

China braces for a slowdown even worse than 2020 as growth declines sharply

The consensus in a Bloomberg survey is for the economy to expand 3.5% this year, which would be the second-weakest annual reading in more than four decades

China braces for a slowdown even worse than 2020 as growth declines sharply
Updated On : 15 Sep 2022 | 9:19 AM IST

Sri Lanka's GDP likely plunged amid debt crisis, political turmoil

Gross domestic product probably fell 10% in the three months to June from a year ago, according to a Bloomberg survey of economists as of Wednesday

Sri Lanka's GDP likely plunged amid debt crisis, political turmoil
Updated On : 15 Sep 2022 | 7:30 AM IST

California man sues Tesla for 'deceiving' customers about self-driving cars

A California man claims the electric-car maker has "deceptively and misleadingly marketed" its driver-assistance systems

California man sues Tesla for 'deceiving' customers about self-driving cars
Updated On : 15 Sep 2022 | 7:28 AM IST

Jeff Bezos loses $10 billion overnight; Elon Musk takes a $8-billion hit

The S&P 500 fell 4.4 per cent, the most since June 2020, while the tech-heavy Nasdaq 100 tumbled 5.5 per cent

Jeff Bezos loses $10 billion overnight; Elon Musk takes a $8-billion hit
Updated On : 14 Sep 2022 | 11:31 PM IST

Xi Jinping unlikely to throw Putin a lifeline amid setbacks in Ukraine

Xi and Putin meet face-to-face in Uzbekistan on Thursday in their first sitdown since a Beijing meeting before the Winter Olympics that yielded a lengthy joint statement of more than 5,000 words

Xi Jinping unlikely to throw Putin a lifeline amid setbacks in Ukraine
Updated On : 14 Sep 2022 | 11:20 PM IST

EU looks to raise $140 billion with windfall swoop on energy firms

As the bloc supports Ukraine, Russia has reduced or cut off natural gas to 13 member nations, surging gas and electricity prices that are expected to go higher as demand peaks during the cold months

EU looks to raise $140 billion with windfall swoop on energy firms
Updated On : 14 Sep 2022 | 11:06 PM IST

Adani Wilmar eyes acquisitions to push food business, says CEO

"We are looking at acquiring brands in staple foods and distribution companies to boost our consumer goods offering and reach," Angshu Mallick, CEO of Adani Wilmar said

Adani Wilmar eyes acquisitions to push food business, says CEO
Updated On : 14 Sep 2022 | 9:08 PM IST

SoftBank's Masayoshi Son discusses setting up third Vision Fund: Report

The 65-year-old entrepreneur has raised billions of dollars in cash recently and sees another startup fund as one of several possible priorities for the money

SoftBank's Masayoshi Son discusses setting up third Vision Fund: Report
Updated On : 14 Sep 2022 | 7:24 PM IST

EU doesn't single out China in planned ban on forced labour goods

The proposed Forced Labour Products Ban, from the European Commission, covers goods imported from third countries as well as those made within the EU.

EU doesn't single out China in planned ban on forced labour goods
Updated On : 14 Sep 2022 | 5:36 PM IST

India is counting on debut sovereign green bond to lower financing costs

The govt has developed a framework to sell the debt in line with widely-used principles from the International Capital Market Association, and is also liaising with the World Bank over best practices

India is counting on debut sovereign green bond to lower financing costs
Updated On : 14 Sep 2022 | 4:21 PM IST

IMF looks at ways to help countries affected by global food shock

About 50 nations meet the criteria, with 20 to 30 being in need "immediately," Georgieva said

IMF looks at ways to help countries affected by global food shock
Updated On : 14 Sep 2022 | 11:25 AM IST

Xi Jinping back at world stage with Putin to counter US dominance

Xi and Putin on Thursday will hold their first in-person meeting since Russia invaded Ukraine, according to the Kremlin, in a sign that Beijing sees the relationship as crucial to countering the US.

Xi Jinping back at world stage with Putin to counter US dominance
Updated On : 14 Sep 2022 | 9:28 AM IST

Binance gains big as crypto traders flee Indian exchanges to escape taxes

Downloads of Binance's app in India jumped to 429,000 in August, the highest this year and almost triple that of runner-up CoinDCX,

Binance gains big as crypto traders flee Indian exchanges to escape taxes
Updated On : 14 Sep 2022 | 8:04 AM IST

China rolls out property policies to boost demand, fix real estate crisis

A flurry of Chinese cities are rolling out measures to boost housing demand, signaling the government's intention to arrest a property crisis.

China rolls out property policies to boost demand, fix real estate crisis
Updated On : 14 Sep 2022 | 7:32 AM IST

Amid high inflation, surge in services demand helps steady India's economy

The indicators showed sentiment in the services sector -- which accounts for over 50% of the $3.2 trillion economy -- was upbeat, tax revenue were robust and demand for loans high.

Amid high inflation, surge in services demand helps steady India's economy
Updated On : 14 Sep 2022 | 7:25 AM IST