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Elon Musk slams Trump's tax bill as wasteful 'abomination' amid backlash

Musk attacked the legislation days after leaving a temporary assignment leading the administration's Department of Government Efficiency initiative to cut federal spending

Adani considers entering airport ground handling bids after Celebi's exit

Celebi operated at nine airports in India, including gateway facilities in capital New Delhi and the commercial hub of Mumbai. Its operations were halted after Turkey voiced support for Pak

Toyota Industries receives $33 billion buyout offer from group companies

The deal includes a tender offer for Toyota Industries shares at ¥16,300 each, 11% below its last closing price

Harvard asks judge for fast ruling in $2.6 bn Trump funding freeze case

In a court filing Monday, Harvard said the US lacks evidence to prove the funding freeze was a legally justified response to antisemitism and alleged liberal bias on campus

NSE, BSE in high-stakes fight over changing derivatives expiry day

National Stock Exchange of India Ltd. is trying to change the expiration for listed derivative contracts from Thursday to Tuesday - a day traditionally dominated by its smaller bourse BSE Ltd

UK unveils defence strategy embracing AI, drones, nuclear capabilities

The new defense strategy warns that the threats the UK faces "are more serious and less predictable than at any time since the Cold War

Govt to open EV making policy with duty cuts to lure global manufacturers

The policy offers to slash duty to 15 per cent on any imported electric car priced from $35,000 if they invest at least ₹4,150 crore, or about $500 million, to set up a local plant within three years

Philippines eyes India, Thailand rice to reduce reliance on Vietnam

The agriculture department is in talks with private importers on purchases from producers like India, Pakistan, Cambodia and Myanmar

Highways baking at 70 degrees C hint at scorching summer across China, US

Weeks before the official start of the Northern Hemisphere's summer, signs are emerging that the coming months will be blistering in North America, Europe and Asia

UK to build more submarines, boost warhead spend in message to Moscow

Monday's review comes after a period of underinvestment in the country's defence industry that has seen the size of the UK army shrink to its smallest since the Napoleonic era

Japan firms to face fines if they fail to protect workers from heat waves

Businesses will face potential penalties including fines of 500,000 yen ($3,475) if provisions aren't sufficient

US remittance tax to revive hawala, hand cartels a financial lifeline

The remittance tax risks reviving hawala networks, making it easier to fund drug and human smuggling, as criminal syndicates step in to exploit informal money transfer systems once again

$84 bn short book putting pressure on rupee, Asia's worst performer

The Reserve Bank of India had dollar repayments near a record high of $84.3 billion as of March as indicated by its net short forwards position

Stanley Fischer, who shaped global macroeconomic policy, dies at 81

Fischer, known as Stan, served as vice chairman of the US Federal Reserve from 2014 to 2017 following eight years as governor of the Bank of Israel

Europe stock markets stage world-beating rally as trade war backfires

Five months into the year, eight of the world's 10 best-performing stock markets are in Europe, according to data compiled by Bloomberg

Adani Energy board approves $502 million fundraise via share sale

Adani companies, with interests stretching from ports to green energy, are steadily regaining investor confidence after a US indictment of the founder soured sentiment.

Airline industry benefiting from lower oil price: IATA head Willie Walsh

The reduction in oil prices is in turn helping drive down ticket prices, said Willie Walsh, the director general of the International Air Transport Association

Adani Group outlines transport network in rebuild of Mumbai's Dharavi slum

A key feature will be airport trains and check-in and transit facilities for passengers traveling to and from the Mumbai and Navi Mumbai airports

Europe sees growing China-Russia alliance as world's top security threat

Western officials accuse China of supplying Russia with critical technologies, including drones

Job interviews enter a strange new world with AI software that talks back

Startups like Apriora, HeyMilo AI and Ribbon all say they're seeing swift adoption of their software for conducting real-time AI interviews over video