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Israel's central bank cuts growth estimate as war impacts economy

The monetary committee kept its benchmark at 4.75% for a third consecutive meeting on Monday, in line with the forecasts of almost all economists surveyed by Bloomberg

Israel's central bank cuts growth estimate as war impacts economy
Updated On : 23 Oct 2023 | 11:26 PM IST

Reliance nears multibillion-dollar deal to buy Disney's India operations

The US entertainment giant may sell a controlling stake in the Disney Star business, which it values at around $10 billion, as opposed to piecemeal transactions weighed earlier

Reliance nears multibillion-dollar deal to buy Disney's India operations
Updated On : 23 Oct 2023 | 11:22 PM IST

Vedanta CFO Sonal Shrivastava likely to quit months after joining firm

Sonal Shrivastava, who joined the company in June, informed Agarwal about her decision to leave last month, the people said, asking not to be named as the information is not public

Vedanta CFO Sonal Shrivastava likely to quit months after joining firm
Updated On : 23 Oct 2023 | 10:31 PM IST

China rattling foreign companies again with arrests, Foxconn probe

Over the weekend, state media said that regulators conducting tax audits and reviewing land use by Foxconn, the Taiwanese company that makes the vast majority of iPhones at factories in China

China rattling foreign companies again with arrests, Foxconn probe
Updated On : 23 Oct 2023 | 4:16 PM IST

Pakistan court indicts former PM Imran Khan for making secret cable public

The former cricket star was disqualified from running for public office for five years after he was convicted in a corruption case in August

Pakistan court indicts former PM Imran Khan for making secret cable public
Updated On : 23 Oct 2023 | 11:33 AM IST

In this hour of despair, comeback kid Nawaz Sharif is not what Pak needs

Nawaz Sharif, who in the past has served as prime minister three times, returned home Saturday after living in London in self-imposed exile for nearly four years

In this hour of despair, comeback kid Nawaz Sharif is not what Pak needs
Updated On : 23 Oct 2023 | 8:46 AM IST

Israel-Hamas conflict puts pressure on CEOs and companies to speak up

Major global firms have been generally reluctant to wade into the fray, with only a fifth of the 100 largest firms in the S&P 500 issuing formal statements

Israel-Hamas conflict puts pressure on CEOs and companies to speak up
Updated On : 22 Oct 2023 | 10:53 PM IST

UK-India free trade deal poses risk for British millers Tilda and Veetee

British rice millers such as Tilda Ltd. and Veetee Rice have thrived for decades by importing low-tariff unmilled brown rice from the likes of India and Pakistan and "polishing" the grains

UK-India free trade deal poses risk for British millers Tilda and Veetee
Updated On : 22 Oct 2023 | 10:21 PM IST

Torrent lines up at least $5 billion funding to buy 33% stake in Cipla

Torrent has secured commitments from a group of overseas banks for a potential deal, the people said, asking not to be identified as the information is not public

Torrent lines up at least $5 billion funding to buy 33% stake in Cipla
Updated On : 20 Oct 2023 | 11:33 PM IST

India pushes back against Russia's demands to pay for oil imports in yuan

Indian Oil Corp., the biggest state refiner, had made a yuan payment for Russian crude in the past, although the government has since clamped down on that

India pushes back against Russia's demands to pay for oil imports in yuan
Updated On : 20 Oct 2023 | 11:17 PM IST

Adani Group closes in on $3.5 billion loan to refinance existing debt

The deal, which would be among the top 10 biggest loans in Asia this year, could be sealed this week, according to people familiar with the matter

Adani Group closes in on $3.5 billion loan to refinance existing debt
Updated On : 20 Oct 2023 | 2:43 PM IST

IGL stock slips on Delhi's EV policy, Jefferies, Morgan Stanley downgrade

The slump in the gas distributor's stock rubbed off on peers Mahanagar Gas and Gujarat Gas, while EV-maker Olectra Greentech advanced

IGL stock slips on Delhi's EV policy, Jefferies, Morgan Stanley downgrade
Updated On : 20 Oct 2023 | 1:29 PM IST

India will account for 18% of global growth by 2028, to play key role: IMF

India's faster growth compared with China's economic slowdown could see the South Asian nation make a bigger contribution to global growth than its larger rival

India will account for 18% of global growth by 2028, to play key role: IMF
Updated On : 20 Oct 2023 | 9:59 AM IST

Is India misusing laws to crack down on NGOs, think tanks? FATF to probe

A team from the FATF is expected to visit India in November and meet representatives of non-profit organisations, including international ones, to get a first-hand understanding of the situation

Is India misusing laws to crack down on NGOs, think tanks? FATF to probe
Updated On : 19 Oct 2023 | 11:48 PM IST

London wins back its Europe's largest stock market crown from Paris

London had lost its status as Europe's biggest stock market last November, extending an equity slump that stretched back to Britain's vote to leave the European Union in 2016

London wins back its Europe's largest stock market crown from Paris
Updated On : 19 Oct 2023 | 11:14 PM IST

Tata Group considers topping up another $1 billion for super-app arm

Deliberations are ongoing and details of Tata Group's capital injection into the venture could still change, the people said. A representative for Tata Group declined to comment

Tata Group considers topping up another $1 billion for super-app arm
Updated On : 19 Oct 2023 | 11:11 PM IST

Netflix records its best quarter in nearly three years on subscriber jump

"We're incredibly pleased with how it's been going," co-Chief Executive Officer Greg Peters said in a videotaped interview released after results came out

Netflix records its best quarter in nearly three years on subscriber jump
Updated On : 19 Oct 2023 | 10:53 PM IST

Nokia to cut 14,000 jobs to lower costs amid weak demand in US, Europe

Nokia also posted weaker-than-expected earnings on Thursday in a separate statement

Nokia to cut 14,000 jobs to lower costs amid weak demand in US, Europe
Updated On : 19 Oct 2023 | 11:21 AM IST

China's homes register steep decline in prices, major blow to sentiment

New-home prices in 70 cities, excluding state-subsidized housing, declined 0.3% last month from August, when they slipped 0.29%, National Bureau of Statistics figures showed Thursday

China's homes register steep decline in prices, major blow to sentiment
Updated On : 19 Oct 2023 | 10:31 AM IST

Wipro plans to join rivals in cutting new hiring as tech spending cools

Instead of the usual big recruiting push, Wipro said it would first take on people to whom it had already made offers but hadn't yet brought onboard

Wipro plans to join rivals in cutting new hiring as tech spending cools
Updated On : 19 Oct 2023 | 8:45 AM IST