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State Bank of India to raise funds via share sale this fiscal year

The board of the state-run bank will discuss the proposal for fresh capital either through a follow-on public share sale, rights issue or qualified institutional placement on May 3

Musk nears end of 130-day DOGE stint, $113 billion wealth wiped out

Tesla's stock dropped 33% since inauguration. The EV maker's sales plummeted

Sovereign bonds rally after RBI unveils large-scale debt purchase plan

The benchmark 10-year yield fell seven basis points to 6.33 per cent to trade near a three-year low. The 7.1 per cent 2034 bond also slid by the same magnitude

India's sovereign bond rally to spread on deeper easing, says ICICI Prulife

The central bank has also undertaken massive liquidity injections which have translated into deeper easing by pushing market rates below the policy rate

Willing to cooperate with US cos after airlines rejected Boeing jets: China

Officials in Beijing acknowledged that tariff hikes implemented by US President Donald Trump have disrupted the global air transport market

KKR-backed InCred said to be in talks with advisers on $470 million IPO

InCred Financial plans to file documents soon for a share offering in Mumbai that might take place by October, the people said

Hong Kong's 1967 lesson: Move fast to win Asia's rich in dollar turmoil

Hong Kong must expand yuan-denominated options to attract asset inflows, leveraging its liquidity edge over Singapore in the race for wealthy investors

China's Wang Yi vows to stand firm, urges nations to resist 'bully' Trump

The stern remarks show China intends to resist pressure to enter trade talks even as US Treasury Secretary Scott Bessent suggests Washington could ban certain exports to China to gain leverage

China's ecommerce giants rally to shield economy from Trump tariff impact

If Trump's tariffs persist, they could severely impact business models of Temu, Shein, Alibaba's global units, and thousands of small Chinese exporters reliant on the US market

Here's why restarting a power grid after massive collapse is so hard

It's unclear what caused the initial disruption or why it cascaded so dramatically into a widespread failure. But, notably, Spain has been one of the leaders in rolling out wind and solar generation

Bharat Forge Ltd Surges 2.65%

Japan worries Trump's tariffs will push Asian nations towards China

Onodera, a former Japan defence minister, stressed the need to reinforce defence cooperation with the US amid growing threats, including from Beijing

A mystery power outage forces Madrid to adjust to life off the grid

By the time Prime Minister Pedro Sanchez finally addressed the nation six hours later, people in downtown Madrid were gathering around the old-fashioned transistor radio to get the latest news

Indian stock market's $489-bn equity rally is winning back global funds

Overseas investors turned net buyers in mid-April, drawn to the nation as a relative haven from tariff uncertainty

Iran dangles 'trillion dollar' incentive for Donald Trump in deal talks

With talks between Iran and the US over the Islamic Republic's atomic activity showing signs of progress, top Iranian officials are for the first time overtly promoting their economy to White House

Mark Carney's Liberals win Canada election, setting up talks with Trump

Carney's triumph represents a stunning turnaround for the Liberals, a party that has governed Canada for most of the past century but seemed on track for a historic electoral drubbing

Asia weighs growing nuclear ambitions as US defence commitments waver

In 2025, a new atomic arms race is stirring, this time not provoked by Russia, China or North Korea but instead by President Donald Trump's trade war

Thailand launches Digital Arrival card for foreign visitors amid crackdown

Starting Monday, travelers can fill up the Thailand Digital Arrival Card for trips beginning Thursday. The online card replaces the previously used paper form, and is mandatory for all foreigners

Will AI help Denmark avoid its Nokia moment as Ozempic boom starts fading?

Designed specifically for big AI projects, Gefion - named after the Norse goddess of fertility - was funded to the tune of $87 million by Novo's nonprofit foundation, in partnership with Nvidia Corp

N Korea confirms troop deployment to Russia for first time amid Ukraine war

North Korea's Central Military Commission said the decision to join the war was in line with the two countries' mutual defence treaty sealed last year