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World faces food emergency as Ukraine war compounds hunger crisis

Russia's invasion of Ukraine means the food inflation that's been plaguing global consumers is now tipping into a full-blown crisis, potentially outstripping even the pandemic's blow

China mulls stakes in Russian energy, commodity companies: Report

Any deal would be to bolster China's imports as it intensifies its focus on energy and food security - not as a show of support for Russia's invasion in Ukraine - the people said

Moderna plots vaccines for 15 pathogens with pandemic potential

The company is rowing back, announcing an agreement on Monday to open a vaccine plant in Kenya that will make as many as 500 million doses annually

EU aims sanctions on 14 wealthy Russians, dozens of lawmakers

The EU is also divided over whether to impose an embargo on Russian oil

Russia threatens to block gas to Europe through Nord Stream 1

Last month, Berlin shelved the $11-billion Nord Stream 2 pipeline project

Shipping Corp says war in Ukraine needs to abate for stake sale to move

Deadline for financial bids for privatising the firm was extended from January 18 as bidders sought a more detailed due diligence.

Modi govt's infrastructure push fuels bond sales by highway builders

The average yield on top-rated three-year corporate bonds rose to 6.02% on Monday, the highest level in a month.

Working from home in coronavirus pandemic is a breeze, but for men

According to a New Zealand study, which found that while most people liked working from home during the pandemic, women still did the lion's share of the housework and childcare

Ukraine crisis: Oil traders bet prices will pass $200 a barrel this month

Russia is the world's third-largest oil producer behind the US and Saudi Arabia

Nickel spikes 60%: Here's why that matters and who will be hit

The metal added more than $10,000 to trade at a 15-year high above $40,000 a ton -- the biggest-ever daily dollar gain in the 35-year history of the contract

TCS plans overhaul with aim to double revenue to $50 bn before 2030

The Mumbai-based company will create four internal teams in order to double its revenues, according to people familiar

Fairfax Financial Holdings weighs selling stake in IIFL Wealth Management

IIFL Wealth shares fell 1.2% on Monday, giving the company a market value of around $1.7 billion.

Rising prices threaten PM Modi's hold on India's most crucial state

The Uttar Pradesh vote will signal whether Modi's grip on power is slipping ahead of the next national election in 2024

Rupee sinks to record low with stocks as Ukraine crisis boosts oil

The Indian rupee tumbled to a record low along with stocks and bonds as a spike in oil prices spurred by the war in Ukraine threatened to inflate the nation's oil-import bill

Oil shock from Ukraine war risks becoming 'nightmare' for India's RBI

The Ukraine war's impact on global supply chains could force India's central bank to raise its inflation forecast, but may leave little scope for it to tighten monetary policy, according to economists

Sequoia Capital, Saudi's STV lead $54 mn funding for gulf fintech Tabby

Capital India and Saudi venture capital firm STV led a $54 million funding round for Tabby, the Middle East's largest buy-now, pay-later provider, as demand fintech solutions booms.

Russian President Putin allows firms to pay foreign creditors in ruble

According to Saturday's decree on servicing foreign-held debt, payments will be considered executed if they are carried out in rubles at the central bank's official rate

War in Ukraine, sanctions will have 'severe impact' on global economy: IMF

JPMorgan Chase & Co. economists have cut their outlook for global growth this year by about a percentage point, and raised their inflation estimate.

China's GDP target of 5.5% for 2022 will be challenging to meet: Economists

The economy grew 8.1% in 2021, when the government set a conservative target of 'above 6%.'

The cost of war: Oil has wildest week on record; dollar highest since 2020

Europe's common currency fell to as low as $1.0973 as traders weighed the impact of Russian sanctions on the European economy