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Modi govt's Budget to send India's soaring stocks higher, shows survey

The upcoming government budget will likely boost consumer spending and infrastructure building, which bode well for businesses, strategists and investors surveyed by Bloomberg said

Modi govt's Budget to send India's soaring stocks higher, shows survey
Updated On : 11 Jul 2024 | 12:00 PM IST

Indian banks see climate change as their biggest source of systemic risk

It wasn't until earlier this year that the RBI finally released a draft framework that would require financial institutions to devise and disclose their strategies to mitigate climate-related risk

Indian banks see climate change as their biggest source of systemic risk
Updated On : 05 Jul 2024 | 7:51 AM IST

LNG imports set to slump as monsoon hits power demand: S&P analyst

The South Asian nation bought some 2.6 million tons of the fuel last month, its highest since October 2020, according to Kpler data

LNG imports set to slump as monsoon hits power demand: S&P analyst
Updated On : 04 Jul 2024 | 5:05 PM IST

Tesla investment in India not anytime soon as Musk ceases contact: Report

Elon Musk's team hasn't made any further inquiries with officials in New Delhi after the billionaire postponed a visit to India in late April

Tesla investment in India not anytime soon as Musk ceases contact: Report
Updated On : 04 Jul 2024 | 3:34 PM IST

Cash-rich commodities traders snapping up refineries from Big Oil

Oil majors are also under pressure from institutional investors to cut emissions

Cash-rich commodities traders snapping up refineries from Big Oil
Updated On : 04 Jul 2024 | 11:18 AM IST

Air pollution kills 33,000 every year even in 'clean' Indian cities: Lancet

The researchers looked at 3.6 million deaths between 2008 and 2019 across the sample areas, and overlapped them with a detailed map of the distribution of PM 2.5

Air pollution kills 33,000 every year even in 'clean' Indian cities: Lancet
Updated On : 04 Jul 2024 | 9:29 AM IST

US polls: Trump keeps low profile while Biden faces doubts over candidacy

Publicly, Trump has commented little on the calls for Biden to drop out of the race and the growing uncertainty within Democratic ranks

US polls: Trump keeps low profile while Biden faces doubts over candidacy
Updated On : 04 Jul 2024 | 7:46 AM IST

Xi's China proves a hard sell as officials seek investments overseas

Global investors see the investment pitch with skepticism, partly due to Xi Jinping's policies

Xi's China proves a hard sell as officials seek investments overseas
Updated On : 04 Jul 2024 | 7:23 AM IST

Global markets on alert for Biden's exit as Trump-victory trades mount

The recalibration of portfolios kicked off at the end of last week after Biden's disastrous debate with Trump heightened concerns the 81-year-old Democrat is too old to serve another term

Global markets on alert for Biden's exit as Trump-victory trades mount
Updated On : 04 Jul 2024 | 7:06 AM IST

China can end Russia's war in Ukraine with one phone call: Finnish prez

Stubb's comments reflect the increasing frustration among Ukraine's allies over China's perceived support for Russia's war

China can end Russia's war in Ukraine with one phone call: Finnish prez
Updated On : 03 Jul 2024 | 8:26 AM IST

Biden's favourability numbers fall in leaked Democratic polling memo: Puck

Biden's debate performance against Republican Donald Trump last week cemented concerns about the oldest US president in history at 81 seeking a second term

Biden's favourability numbers fall in leaked Democratic polling memo: Puck
Updated On : 03 Jul 2024 | 8:02 AM IST

Canada govt to consider blocking factories in pushback on Chinese EVs

Trudeau's government appears to only be considering tariffs on finished vehicles

Canada govt to consider blocking factories in pushback on Chinese EVs
Updated On : 03 Jul 2024 | 7:52 AM IST

Cebu Air signs $24 billion preliminary pact with Airbus for over 150 Jets

The order by Philippines low-cost carrier will be the biggest jet purchase in the country's history, the airline said in a stock exchange filing

Cebu Air signs $24 billion preliminary pact with Airbus for over 150 Jets
Updated On : 02 Jul 2024 | 11:34 PM IST

Hyundai India targeting to raise record $3.5 billion through IPO: Report

A representative for Hyundai India declined to comment. IFR and India media have previously reported the IPO could raise about $3 billion

Hyundai India targeting to raise record $3.5 billion through IPO: Report
Updated On : 02 Jul 2024 | 10:16 PM IST

Wall Street maps out what a Trump election win would mean for bond market

Buy-side investors like Jack McIntyre, a portfolio manager at Brandywine Global Investment Management, are increasingly taking note.

Wall Street maps out what a Trump election win would mean for bond market
Updated On : 02 Jul 2024 | 6:20 PM IST

PM Modi shores up ties with Russia as Putin deepens China embrace

The meeting, which will help Putin to counter Western efforts to cast him as a pariah, comes two months after Putin went to China for the first foreign visit of his new term

PM Modi shores up ties with Russia as Putin deepens China embrace
Updated On : 02 Jul 2024 | 1:13 PM IST

Biden slams Supreme Court's decision on Trump in effort to shift age focus

The American people must decide whether Donald Trump's assault on our democracy on Jan. 6 makes him unfit for public office, Biden said

Biden slams Supreme Court's decision on Trump in effort to shift age focus
Updated On : 02 Jul 2024 | 7:18 AM IST

Ex-billionaire gets 7.5-yr sentence for defrauding Goldman, Google

Rishi Shah, 38, the co-founder of Outcome Health, which provided ads on TVs in doctors' offices, was convicted of more than a dozen fraud and money laundering charges by a federal jury last year

Ex-billionaire gets 7.5-yr sentence for defrauding Goldman, Google
Updated On : 02 Jul 2024 | 7:13 AM IST

Donald Trump's immunity ruling may push election trial to 2025 or beyond

Now Chutkan will have to reassess each allegation in the indictment based on the Supreme Court's finding, and determine point-by-point which action by Trump was official conduct and which was private

Donald Trump's immunity ruling may push election trial to 2025 or beyond
Updated On : 02 Jul 2024 | 6:59 AM IST

Biden admin to fight labour shortage with new Chips Act Worker Programme

The programme, described as a workforce partner alliance, will use some of the $5 billion in federal funding set aside for a new National Semiconductor Technology Center.

Biden admin to fight labour shortage with new Chips Act Worker Programme
Updated On : 02 Jul 2024 | 6:52 AM IST