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Turkish lira crashes 7% after Recep Tayyip Erdogan's third term starts
In other Turkish markets, the main stocks index rose 3.1%, extending gains since the vote to 21% and reversing this year's losses
 "Turkish lira crashes 7% after Recep Tayyip Erdogan's third term starts")
India's green goal offers companies $500 bn opportunity, says ReNew CEO
ReNew has plans to invest in the entire decarbonization chain. The company, with about 8 gigawatts of operational capacity, is among India's top renewables producers
 "India's green goal offers companies $500 bn opportunity, says ReNew CEO")
Sequoia's split sends warning to every company doing US-China business
Left unsaid is that the move is a concession to increasing pressure in the US to distance Silicon Valley from China
 "Sequoia's split sends warning to every company doing US-China business")
MRPL shelves plans of refinery expansion to focus on chemicals bet
A shifting energy landscape primarily driven by the uptake of electric vehicles has prompted MRPL to focus its efforts on increasing output of chemicals that can be used for plastics and paints
 "MRPL shelves plans of refinery expansion to focus on chemicals bet")
Google adding more local languages to fuel Android's growth in India
The Alphabet Inc. unit is enabling more users in India to access its services with their local language, by either writing or using their voice
 "Google adding more local languages to fuel Android's growth in India")
Slowdown threatens India's booming economy even as its rich keep spending
India grew by 6.1% in the three months ended March compared to a year earlier, well beyond the 5% estimate of economists
 "Slowdown threatens India's booming economy even as its rich keep spending")
New York tops the world's 20 most expensive cities for expats in 2023
Soaring inflation and rising accommodation costs were cited as reasons for New York topping ECA International's Cost of Living Rankings for 2023
 "New York tops the world's 20 most expensive cities for expats in 2023")
Adani stocks still reeling from losses inflicted by Hindenburg report
While two of Adani's 10 stocks have bounced back strongly, a full recovery to pre-Hindenburg levels looks a ways away
 "Adani stocks still reeling from losses inflicted by Hindenburg report")
Golf-crazy Saudi wealth manager orchestrated the shock PGA-LIV truce
The transaction will create a global golf superpower and bring to an end all outstanding litigation between the two sides
 "Golf-crazy Saudi wealth manager orchestrated the shock PGA-LIV truce")
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
 "US set to launch spy satellites to track Chinese, Russian threats in orbit")
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
 "Adani probe: Who really owns India's companies? It's time to find out")
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
 "RBI expected to pause again with markets watching for shift in stance")
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
 "Byju's accuses lenders of manufacturing fake debt crisis to extort money")
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
 "RBI's efforts to drain liquidity signal its intent to quash inflation")
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
 "India hoping to negotiate with EU on carbon tax instead of WTO complaint")
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")
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
 "Apple's pricey new Vision Pro headset is not something to be dismissed")
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
 "Unilever hunts for new chair after botched takeover, investor rows")
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
 "European Union wants Big Tech to alert users about AI's 'dark sides'")