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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

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

China's economic growth beats forecasts as consumer spending improves

Gross domestic product increased 4.9 per cent in the July-September period from a year prior, data released by the National Bureau of Statistics showed Wednesday

China's economic growth beats forecasts as consumer spending improves
Updated On : 18 Oct 2023 | 11:38 PM IST

J&J weighs third bankruptcy try to settle baby powder cancer case

Attorneys for some plaintiffs opposed the idea of a return to bankruptcy court

J&J weighs third bankruptcy try to settle baby powder cancer case
Updated On : 18 Oct 2023 | 11:24 PM IST

Amazon, X will likely avoid paying bill for enforcing EU's content rules

The commission estimates it needs $47.7 mn to enforce Digital Services Act this year. Very large online platforms required to divvy up those costs based on the number of users they have

Amazon, X will likely avoid paying bill for enforcing EU's content rules
Updated On : 18 Oct 2023 | 11:14 PM IST

US commercial property distress hits $80 bn in Q3, highest level in decade

The value of buildings in bankruptcy, repossessed by lenders or in the process of liquidation increased by a net $5.6 billion in the quarter, MSCI Real Assets reported

US commercial property distress hits $80 bn in Q3, highest level in decade
Updated On : 18 Oct 2023 | 11:01 PM IST

Reliance Industries' luxury real estate bet gets HSBC financing boost

London-based bank originally provided £60 mn loan facility to subsidiary of Reliance Industries Ltd. shortly after it acquired the Stoke Park estate in southeast England for £57 million in 2021

Reliance Industries' luxury real estate bet gets HSBC financing boost
Updated On : 18 Oct 2023 | 10:40 PM IST

P&G sales surpassed analysts' estimates as price hikes offset lower volume

Organic sales rose 7% in the quarter ended Sept. 30, the maker of Tide detergent and Pampers diapers said Wednesday. Analysts had projected growth of 5.8%, according to data compiled by Bloomberg

P&G sales surpassed analysts' estimates as price hikes offset lower volume
Updated On : 18 Oct 2023 | 10:15 PM IST

iPhone maker Hon Hai, Nvidia aim for AI factory to expand push into EVs

Hon Hai built its success as a behind-the-scenes producer of consumer electronics gear for companies from Apple and Amazon.com Inc. to HP Inc. and Sony Group Corp

iPhone maker Hon Hai, Nvidia aim for AI factory to expand push into EVs
Updated On : 18 Oct 2023 | 1:11 PM IST

OpenAI claims that tool to detect AI-generated images is 99% accurate

Murati spoke alongside OpenAI Chief Executive Officer Sam Altman, as both executives attended the Wall Street Journal's Tech Live conference in Laguna Beach, California

OpenAI claims that tool to detect AI-generated images is 99% accurate
Updated On : 18 Oct 2023 | 11:31 AM IST

History, Hollywood won't be as charitable to Bibi as they are to Golda Meir

Future historians and moviemakers will need exceptionally powerful blinkers to miss the controversies that have attended Netanyahu's decades in politics

History, Hollywood won't be as charitable to Bibi as they are to Golda Meir
Updated On : 18 Oct 2023 | 10:46 AM IST

Singapore's financial regulator to inspect Credit Suisse in $2 bn scandal

The local unit of Credit Suisse will be among banks the Monetary Authority of Singapore plans to examine to determine whether they properly handled the monitoring of wealthy clients

Singapore's financial regulator to inspect Credit Suisse in $2 bn scandal
Updated On : 18 Oct 2023 | 9:02 AM IST

Musk's X to test charging users $1 a year to reduce spam, bot accounts

The test, called "Not a Bot," started Tuesday in New Zealand and the Philippines, X said in a blog post

Musk's X to test charging users $1 a year to reduce spam, bot accounts
Updated On : 18 Oct 2023 | 6:54 AM IST

Here's why India's war on informal labour is bad for its workers

Where the survey shows some progress is that, among regular wage earners, more people now have work contracts than two years ago

Here's why India's war on informal labour is bad for its workers
Updated On : 18 Oct 2023 | 6:35 AM IST