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Prolonged Israel-Hamas war means higher interest rates for longer: IMF

Inflation is still high and that requires interest rates to remain high, throwing more cold water on growth, said IMF

SR Batliboi, an Adani Group auditor and EY member firm, faces NFRA inquiry

The National Financial Reporting Authority, or NFRA, has in recent weeks started an inquiry into one of the member firms of EY in India

AI backlash may anger thousands of employees in UK, says Infosys Partner

The remarks ahead of Prime Minister Rishi Sunak's AI Summit next week underscore the stakes for policymakers facing a rapid shift in the nature of work

Apple raises prices of media streaming service TV+ to $9.99 per Month

The TV+ price increase is only the second in its four-year history. It was originally offered at $4.99 when it launched in 2019

Emerging markets need $1.5 trn to boost greener construction, says IFC

IFC typically provides commercial financing priced at market rates

Amazon warehouse workers' injuries more widespread than thought: Study

The new national study, published Wednesday by the University of Illinois Chicago's Center for Urban Economic Development, found that 69% of workers surveyed stayed home without pay to recover

Google, Nvidia back startup that helps navigate AI chip shortage

Big-name backers are betting on young firms like CentML to find innovative ways around those constraints

Google, US bank coalition pledge billions to underserved businesses

The Biden Administration announced a series of measures to boost small and minority-owned businesses ahead of its annual Freedman's Bank Forum

Carbon removal isn't just for corporations, individuals pay for it too

There are a number of ways to permanently remove carbon from the atmosphere, ranging from directly capturing CO2 from the air to spreading crushed volcanic rocks

No more euphemisms: India's sell-side researchers should say what they mean

Last time, trouble erupted in banking, and this time, it is brewing in outsourcing. Euphemisms are more damaging than the unvarnished truth

Byju's CFO quits, rejoins Anil Agarwal's Vedanta to oversee restructuring

Ajay Goel will be returning to Vedanta, which he had quit in April, in time to help with splitting the metals firm into six listed companies, they said

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

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

Adani Total meets Hindenburg's predicted valuation with 85% plunge in stock

The shares of the conglomerate's city-gas distributor slid as much as 2.6 per cent to 575.7 rupees on Monday, taking losses from their January 24 closing of 3,891.75 rupees to 85 per cent

Virat Kohli's 95 helps Disney+ Hotstar score record 43 million viewership

When Virat Kohli was on the verge of equalling Sachin Tendulkar's record of 49 centuries, the viewership crossed the 40 million mark

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

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

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

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

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