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US set to launch spy satellites to track Chinese, Russian threats in orbit

The US Space Force is set to launch a constellation of satellites this summer to track Chinese or Russian space vehicles that can potentially disable or damage orbiting objects

Adani probe: Who really owns India's companies? It's time to find out

The regulator told the expert panel that it is investigating as many as 13 opaque entities that, as of March 2020, held between 14% and 20% across five publicly traded stocks od Adani Group

RBI expected to pause again with markets watching for shift in stance

India's latest quarterly growth figures exceeded estimates last week, bringing about an expansion of 7.2% for the last fiscal year

Byju's accuses lenders of manufacturing fake debt crisis to extort money

The company chalks up its current debt predicament to aggressive distressed-debt investors who, in its view, were never supposed to be able to buy the loan

RBI's efforts to drain liquidity signal its intent to quash inflation

The RBI drained 508.7 billion rupees from the banking system on June 2 through a 14-day reverse repo auction, and it removed another Rs 666.4 billion via a four-day operation on June 5

India hoping to negotiate with EU on carbon tax instead of WTO complaint

India filed a discussion paper with WTO about how environmental regulations impact trade, but with respect to CBAM specifically, it hopes direct negotiations with the EU will yield speedy resolution

Sandesara brothers fighting fraud charges in India flourishing in Nigeria

The selection of a firm owned by the family of the duo branded as fugitives by India to drill wells for the project is just the latest sign of how Nigeria has provided the brothers a haven

Sandesara brothers fighting fraud charges in India flourishing in Nigeria

The selection of a firm owned by the family of the duo branded as fugitives by India to drill wells for the project is just the latest sign of how Nigeria has provided the brothers a haven

Apple's pricey new Vision Pro headset is not something to be dismissed

Apple has done what many technology observers had thought impossible. It has made mixed-reality computing interesting and appealing

Unilever hunts for new chair after botched takeover, investor rows

The company has shaken up its top ranks after appointing activist investor Nelson Peltz to the board last year

European Union wants Big Tech to alert users about AI's 'dark sides'

Jourova has met with over 40 companies that signed up for the code. Elon Musk's Twitter left last month

'India's the new China' as airlines more than double profit outlook

Bullish on the Indian market, Lufthansa Group CEO Carsten Spohr has said the airline group is working closer with Air India as well as expanding its own operations into the country

CEO Jamie Dimon has 'no plans' to run for office, says JPMorgan spokesman

Bill Ackman said last week that Dimon should run for president in 2024, describing him as a political centrist who could beat President Joe Biden in a primary or Trump in election

UBS Group expects to complete Credit Suisse takeover as early as June 12

Shareholders of Credit Suisse will receive one UBS share for every 22.8 outstanding shares held. All of Credit Suisse's outstanding debt securities will become obligations of UBS

Asia leads 'back to office' effort; nearly 50% say will quit if no WFH

Wall Street chiefs have been among the loudest in pushing for a return to the office five days a week. JPMorgan Chase & Co. ended remote arrangements for its managing directors in April

Edtech major Byju's faces deadline for $40 million payment of $1.2 bn loan

The $1.2 billion debt is the largest unrated loan by a startup ever. The once high-flying company led by former teacher Raveendran had been trying to strike a deal with creditors to restructure loan

Rupee set to touch 83-per US dollar mark if RBI remains on hold this week

Thursday's policy review will help shape the rupee's fortunes, with traders expecting little reprieve after the currency fell under the weight of a stronger greenback in May

World is big enough for us to grow together: China defense minister to US

President Xi Jinping's government has repeatedly charged the US with using its military alliances, trade policy and the threat of sanctions to bully smaller nations and try to keep China down

From a scrappy underdog to overnight AI success: Inside Nvidia's 30-yr ride

How long, and how high, Nvidia rises will depend a lot on how major corporations and mass consumers adopt and adapt to the AI boom

World's hit online computer class, Harvard's CS50, turns to AI for help

"Providing support tailored to students' specific questions has been a challenge at scale, with so many more students online than teachers," said Malan