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PFRDA allows $177 bn NPS funds to expand investments into more assets

The Pension Fund Regulatory and Development Authority will partly permit investment in select debt securities where 'rating from only one credit rating agency will be sufficient'

US buys own Boeing 737 jets to expand deportation flights amid Trump's push

ICE Air has long been one of the agency's more opaque operations, with limited data on routes, costs and the conditions under which migrants are transported

Climate change supercharged deadly $20 billion Asia floods, finds study

The storms resulted in torrential rainfall and destructive floodwaters that swept through homes, businesses and tourist spots, damaged roads and rail lines

How hubris turned IndiGo's once-disciplined success model into chaos

IndiGo, which is operated by InterGlobe Aviation Ltd, started out as a scrappy underdog in a sector where everyone else was backed by government, billionaires, or storied corporate group

Coca-Cola announces COO Henrique Braun to replace James Quincey as CEO

Quincey, who is 60 and has been CEO for nine years, will transition to executive chairman, according to the company. He is currently chairman of the company's board

Trump signals he'll oppose Warner Bros. deal unless CNN is included

Trump said his primary concern is that the current management of the network may be rewarded by being allowed to continue operating "with money" from a sale

Australia enforces world-first ban on social media access for teens

Meanwhile chat app Discord Inc., which isn't subject to the ban, said Tuesday it is enhancing safety features for users in Australia

US plans to mandate social media checks for visa-free travellers

US Customs and Border Protection "is adding social media as a mandatory data element" as part of the screening process for travellers entering the US under the Visa Waiver Programme

Edelweiss planning to expand presence to 100 cities across India

The asset management company is looking to expand into smaller towns and cities where a growing number of investors are looking to funnel their savings into Indian stocks, Chief Executive Officer said

Australia rolls out world's 1st teen social media ban amid safety concerns

The law, passed last year, mandates services such as ByteDance Ltd.'s TikTok and Meta Platforms Inc.'s Instagram keep under-16s off their platforms or face fines

Canada's US envoy to step down, Mark Wiseman seen as likely successor

Kirsten Hillman, who serves as ambassador and Canada's chief trade negotiator with the US, has informed Carney she will leave both roles in the new year

Have clear idea of next Fed chair, will review contenders, says Trump

Trump has said he will soon announce his choice for Fed chair, but that he might wait until early 2026 to publicly reveal the name

Paramount, Netflix brace for prolonged fight to buy Warner Bros Discovery

Shareholders of Warner Bros., one of Hollywood's biggest film and TV companies, are hoping for a bidding war that further boosts the price of the dea

UK may face 11 billion pounds hit from new legal immigration curbs

The cumulative monetized cost of the changes to the immigration system, which were put forward by the government in a May white paper, ranges from £2.2 billion to £10.8 billion

IndiGo crisis exposes risks of corporate dominance across key industries

IndiGo controls two-thirds of India's domestic aviation market, operating about 2,200 flights daily. The budget airline failed to prepare in time for new government rules

Japan speeds up building 'missile archipelago' near Taiwan to counter China

Up and down the 160-strong Ryukyu island chain, Japan is quickly putting in place missile batteries, radar towers, ammunition storage sites and other combat facilities

US, India hold high-level talks to reset ties as trade deal remains elusive

Officials in New Delhi pointed out that both sides continue to engage at an institutional level, including holding annual military exercises in Alaska in September

IndiGo crisis exposes risks of airline dominance and operational lapses

The contest for India's 1.4 billion consumers was turning into a fixed match, I had argued in May 2023

India's quick commerce bubble may be close to bursting, warns Blinkit CEO

Global investors including SoftBank, Temasek. and West Asian sovereign funds have poured billions into the sector, making it the world's most closely watched experiment in rapid deliveries

US farmers call Trump's $12 bn aid package short-term relief, not recovery

The effects of the president's trade wars, which have squeezed demand and raised costs further, have left the sector in a state of extended uncertainty