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Adani Group plans $84 billion spending after Hindenburg market rout

During an annual address to shareholders in July, Adani announced grand expansion targets across his ports, energy and infrastructure businesses

India set to restart imports of Venezuelan oil as US sanctions ease

Private refiner Reliance Industries Ltd has booked two supertankers, C. Earnest and C. Genuine, which are scheduled to load crude cargoes from Venezuela between December to early January.

Why is 1.5 deg C the most misunderstood number in the climate fight

When it comes to the collective goal of limiting global temperature rise to 1.5C, there's been only one acceptable talking point in the runup to the COP28 conference in Dubai

40% wealth and pension funds prefer India over China, shows study

Almost 40% of investors chose India as the most attractive emerging market, while less than a quarter selected China in a survey

US, India play down Sikh murder plot with wider Asia strategy at risk

The US sees India as key to its strategy of countering China's growing assertiveness in Asia, one of its top global priorities

Barclays, Citi raise India's economic growth closer to 7% after GDP beat

Barclays Plc and Citigroup Inc. predict the economy will now expand 6.7% in the fiscal year ending in March, up from previous forecasts of 6.3% and 6.2%, respectively

CEO Linda Yaccarino's memo to X staff calls Musk 'candid and profound'

"Our principles do not have a price tag, nor will they be compromised - ever," Yaccarino wrote Thursday, a day after Musk told former advertisers including Walt Disney Co. to go "f--" themselves

More visa-free travel for Indians beneficial for Goa tourism as well

Visa-free entry is a carrot to expand $28 billion that 27 million Indians spent overseas in 2019. Those numbers had swelled eightfold and sixfold, respectively, in the two decades before the pandemic

JPMorgan touts India, Mexico in 'bumpy' 2024 for emerging stocks

JPMorgan says 2024 could see markets with strong growth, robust earnings outlooks or close ties with the US economy outperform

China's factory and services activity shrinks in sign of recovery woes

The official manufacturing purchasing managers index fell to 49.4, the second straight month of contraction, according to a Thursday statement from the National Bureau of Statistics

OpenAI will add Microsoft as board observer, plans governance changes

The announcement Wednesday, a blog post penned by Altman, comes two weeks after the CEO's shock firing from the artificial intelligence startup, followed by an operatic boardroom power struggle

Elon Musk, slinging expletives, says advertiser boycott on X may kill it

Musk took the stage at the DealBook conference following a tumultuous few weeks for the world's richest person, with a net worth of around $226 billion

Heirs beat self-made billionaires for the first time: UBS Group AG

Of the 137 people who became billionaires last year, 53 inherited fortunes amounting to a combined $150.8 billion, according to a study published on Thursday

World battling a wave of hate crime unleashed by Israel-Hamas war

Reports of crimes targeting Jews, Muslims and Arabs have risen in the US, Germany, Canada and beyond since the Oct. 7 Hamas attack on Israel, and the Israeli military's retaliatory operation in Gaza

President Zelenskyy faces manpower dilemma in Ukraine's stalled offensive

Kostenko, 40, who is also fighting in southern Ukraine, said the military is struggling after long queues at recruitment centers last year have dwindled, with volunteer fighters long at the front line

Alibaba Group's value dips below upstart PDD's in landmark for China

Alibaba slid as much as 1.4 per cent in Hong Kong, putting its market value at about HK$1.46 trillion ($187 billion) and on track to close below US-listed PDD Holdings Inc.'s $188.3 billion

GIFT City gears up for direct listings, re-insurance in next growth phase

The first phase followed the creation in 2020 of a new regulator, the International Financial Services Authority, which outlined an ambition to create a welcoming place

Disney to keep TV stations, says CEO Bob Iger, in reversal from July

Back at the DealBook Summit, Iger said Disney regularly evaluates its holdings to see whether they still fit with the company's plans

Disney names Morgan Stanley's Gorman to board ahead of expected fight

Earlier this month, ValueAct Capital Management became the second activist investor to amass a stake in Disney

Singapore, Zurich surpass New York to become world's most expensive cities

Chinese cities were among the biggest movers down the rankings, mainly due to the country's slow post-pandemic recovery and subdued consumer demand