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IMF's handling of large loans to troubled nations under scrutiny

The fund's Independent Evaluation Office studied roughly 20 years of lending under the so-called Exceptional Access Policy and prepared a set of recommendations

IMF's handling of large loans to troubled nations under scrutiny
Updated On : 05 Dec 2024 | 8:45 AM IST

Donald Trump picks donor Kelly Loeffler for small business administration

The SBA is the federal agency responsible for helping "Americans start, grow, and build resilient businesses" according to its website

Donald Trump picks donor Kelly Loeffler for small business administration
Updated On : 05 Dec 2024 | 8:13 AM IST

India's GDP growth loses momentum: What's behind the urban spending freeze?

India's swelling urban middle class has been the engine of its growth for far longer than government capex has

India's GDP growth loses momentum: What's behind the urban spending freeze?
Updated On : 05 Dec 2024 | 7:40 AM IST

TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro

The VSB announcement comes days after TotalEnergies' renewables strategy faced a series of setbacks in other regions

TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro
Updated On : 05 Dec 2024 | 12:06 AM IST

Microchip Technology pauses Chips Act application amid inventory woes

The struggling chipmaker was in line for $162 million in grants from the Chips and Science Act to support plants in Oregon and Colorado

Microchip Technology pauses Chips Act application amid inventory woes
Updated On : 04 Dec 2024 | 8:47 AM IST

Intel's hunt for CEO to focus on outsiders, including Marvell's head

This week's sudden ouster of CEO Pat Gelsinger set off an urgent search for new leadership at a time when the chipmaker's fortunes are shaky and its bench has been depleted

Intel's hunt for CEO to focus on outsiders, including Marvell's head
Updated On : 04 Dec 2024 | 8:38 AM IST

Meta seeks new nuclear reactors as reliable source to run US data centres

Meta is racing to line up clean energy to meet the massive electricity needs of its artificial intelligence ambitions

Meta seeks new nuclear reactors as reliable source to run US data centres
Updated On : 04 Dec 2024 | 8:01 AM IST

US judge who rejected Musk's $56 bn pay deal faces social media backlash

McCormick, the Delaware Chancery Court's chief judge, is an old hand at dealing with Musk-related backlash. In January she got an earful from critics, both in online posts and letters to her chambers

US judge who rejected Musk's $56 bn pay deal faces social media backlash
Updated On : 04 Dec 2024 | 7:39 AM IST

IndiGo named one of the worst airlines as global rankings are unveiled

The airline rankings methodology takes into account customer claims processed worldwide, as well as outside data tracking on-time arrival and departure performance for every plane

IndiGo named one of the worst airlines as global rankings are unveiled
Updated On : 04 Dec 2024 | 7:28 AM IST

Byju's woes continue: Content manager, biz partner face US court sanctions

Federal judge is considering imposing millions of dollars in sanctions on Byju's manager Vinay Ravindra and company ally Rajendran Vellapalath, who founded Dubai-based tech startup Voizzit Technology

Byju's woes continue: Content manager, biz partner face US court sanctions
Updated On : 04 Dec 2024 | 7:04 AM IST

President Biden offers $7.5 billion for Samsung SDI-Stellantis hub

The funding, which could easily be canceled by the incoming Trump administration if not finalized by inauguration day

President Biden offers $7.5 billion for Samsung SDI-Stellantis hub
Updated On : 03 Dec 2024 | 10:51 PM IST

China announces ban on Germanium, Gallium exports to US in tit-for-tat move

Gallium, germanium, antimony and superhard materials are no longer allowed to be exported to America as an overall principle, the Ministry of Commerce said in a statement Tuesday

China announces ban on Germanium, Gallium exports to US in tit-for-tat move
Updated On : 03 Dec 2024 | 10:30 PM IST

Options traders' bearish bets on rupee jump 200% on surprise GDP slowdown

Data from the Depository Trust and Clearing Corp. show the volume of dollar-rupee calls trading climbed to $1.9 billion on Monday in the non-deliverable options market

Options traders' bearish bets on rupee jump 200% on surprise GDP slowdown
Updated On : 03 Dec 2024 | 2:37 PM IST

India looks West for cutting-edge weapons to reduce reliance on Russia

India, the world's biggest importer of weapons, has been buying less and less from Russia. Only 36 per cent of India's arms imports came from Russia last year, down from 76 per cent in 2009

India looks West for cutting-edge weapons to reduce reliance on Russia
Updated On : 03 Dec 2024 | 1:56 PM IST

Speculation over RBI Guv Shaktikanta Das' extension grows after GDP miss

Das himself has largely refrained from discussing his own future, telling Bloomberg a few months ago that he's focused on his work at the RBI

Speculation over RBI Guv Shaktikanta Das' extension grows after GDP miss
Updated On : 03 Dec 2024 | 1:34 PM IST

China's central bank vows supportive monetary policy as US trade war looms

Monetary policy support will be critical to China's economy next year as the US president-elect has vowed to impose steep tariffs on Chinese goods

China's central bank vows supportive monetary policy as US trade war looms
Updated On : 03 Dec 2024 | 9:43 AM IST

Big Pharma's bet on China biotech a rare trade bright spot amid tensions

Chinese biomedical research is on the cusp of a breakthrough just as the industry starts to face serious headwinds

Big Pharma's bet on China biotech a rare trade bright spot amid tensions
Updated On : 03 Dec 2024 | 9:23 AM IST

Indian insurance firms seek zero-coupon bonds to manage long-term risks

Insurance companies have made a request to the Reserve Bank of India, which has then discussed the matter with the Finance Ministry of the government

Indian insurance firms seek zero-coupon bonds to manage long-term risks
Updated On : 03 Dec 2024 | 9:02 AM IST

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance

Groups of Bitcoin and Ether exchange-traded funds each posted record monthly net inflows in November, at $6.5 billion and $1.1 billion respectively

Bitcoin's bulls pull back as its quest for $100,000 runs into resistance
Updated On : 03 Dec 2024 | 8:55 AM IST

Elon Musk's SpaceX nears $350 billion valuation in insider share talks

Current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers

Elon Musk's SpaceX nears $350 billion valuation in insider share talks
Updated On : 03 Dec 2024 | 8:40 AM IST