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G-20: India taps soft power as it backs issues important to Global South

India is one of the fastest-expanding economies at a time of sluggish growth around the globe, luring companies like Apple Inc. to expand

Covid pandemic has not taught the world how to beat the next deadly virus

Even governments that decided against elimination, opting instead to flatten the curve, struggled to persuade people to follow basic control methods

Iran just shy of a nuclear bomb, enriched uranium at 84% purity: IAEA

The development comes as Iran is increasingly isolated from the West and nuclear talks with world powers remain suspended

After $135-billion wipeout, Adani Group plans multi-pronged comeback

Besides a campaign to portray themselves as responsible borrowers with prepayments and on-time payments of debt, executives have also kicked off a series of meetings to pacify overseas bondholders

Gautam Adani decides against bid for stake in power trader PTC India

A representative for the Adani Group said the company had not bid for PTC nor contemplated doing so

Ola Electric plans to build world's largest EV hub in India for Rs 7,610 cr

The hub, spanning 2,000 acres (809 hectares) in the southern Indian state of Tamil Nadu, will be used for manufacturing electric two-wheelers, cars and battery cells

Vedanta's plan to trim debt hits roadblock as govt opposes Hind Zinc deal

The government has threatened to take legal action to stop Agarwal's Vedanta Group from selling the unit to its subsidiary Hindustan Zinc Ltd., which is around 30% state-owned

UK PM Rishi Sunak set for his biggest political test yet with Brexit deal

Sunak oversaw a diplomatic flurry in recent days, holding meetings with parties in Northern Ireland and with European Commission President Ursula von der Leyen to lay the groundwork

Economic activity cools down in Jan amid slowdown fears, exports fell 6.58%

The Reserve Bank of India, which has raised borrowing costs six times since May to 6.50%, is seen increasing interest rates again in its April review amid inflation topping estimates

'Fake Ebitda' masks risk in debt-laden companies, says report

The S&P analysts this week said the latest data reinforces their view that those Ebitda figures are "not a realistic indication of future Ebitda

Former Theranos COO Ramesh Balwani fights US over $900 mn restitution

Balwani and Holmes, who had a romantic relationship while they worked together, were tried and convicted separately of lying about the accuracy and capabilities of Theranos's blood-testing machines

Signs that Adani shock for India's $3.1 trn stock market is ebbing fast

Fund managers see India's main equity indexes both ending the year higher than current levels, according to a Bloomberg News survey, as strong domestic demand boosts corporate earnings

Adani credit facilities expose collateral web full of red flags

Since short-seller Hindenburg Research published its critical report on Jan 24, investors have responded to its allegations of fraud and market manipulation by selling Adani shares

Tesla considering takeover of battery-metals miner Sigma Lithium Corp

Sigma Lithium is one of multiple mining options Tesla is exploring as it mulls its own refining

Google's $168 billion in ad revenue at risk in Supreme Court case

A broad ruling by the Supreme Court could effectively snuff out the business of serving personalized ads on the internet and turn online ad practices back to the early 90s, experts say

Markets decline over Fed officials' hawkish remarks; Sensex down 316 pts

The Nifty50, on the other hand, ended the session at 17,944, down 91 points or 0.5 per cent

Most Adani Group dollar bonds exit distressed levels on debt promises

Among the gainers were Adani Electricity Mumbai's dollar 2031 notes, which rose 0.7 cent to 72 cents as of 1.07 pm in Hong Kong

Luxury Swiss watches still beat stocks and crypto despite Rolex, Patek drop

The number of Rolex watches on the secondary market increased by 19 per cent in the fourth quarter alone, Morgan Stanley and WatchCharts estimated

Govts spent record $1 trillion last year subsidising fossil fuels

The splash of state cash on energy last year followed climate talks in November 2021 when world leaders pledged to end such subsidies.

Man behind China's 'Dream Come True' boosted balloon programme

China has a long history of fostering civil-military partnerships to make technological advances