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The frantic push to solve sovereign debt crises irks Wall Street

In New York, a cohort of debt-relief activists and US state politicians are pushing for a more-permanent solution: a law that would overhaul the process of restructuring sovereign debt

White House, Republicans reach deal to raise debt ceiling, avert US default

The deal includes a two-year debt limit increase and a two-year appropriations agreement that keeps non-defense spending roughly flat with current levels

US Navy hit by Chinese state-sponsored hacking campaign: Official

The US Navy didn't respond for comment. China denied the hacking accusations

Elon Musk's Neuralink says it has US FDA approval for human trials

Neuralink isn't the first brain-computer interface company to enter human trials, and the field has become competitive since the company's founding

Bad time for television? Writers on strike and popular shows to end

The companies have been raising their prices and, in the case of Netflix, trying to get customers who share their accounts with others to pay $8 more a month.

Emerging US debt deal would raise limit, cap spending for two years

Under the terms of the emerging agreement, defense spending would be permitted to rise 3% next year in line with President Joe Biden's budget request

Workers stuck in vicious cycle of coal, heat to keep power grid standing

To cope with increasingly brutal temperatures, India has to keep its power grid standing- and for now that means digging up ever expanding quantities of the dirtiest fossil fuel

Withdrawal of Rs 2000 notes: India once again makes money a plaything

Sovereign cash should have no room for questions

Nvidia Corp's blowout forecast sparks almost $260 billion AI rally

The Santa Clara, company gained as much as 29 per cent in extended US trading, on course for a record high, after saying it expects about $11 billion of sales in the three months ending July

Germany enters recession as energy prices soared after Ukraine war

First-quarter output shrank 0.3% from the previous three months following a 0.5% drop between October and December, statistics office. Its initial estimate, last month, was for stagnation

Solar power investment set to surpass oil production spending this year

The growth in clean energy spending is driven by technologies including solar panels and electric vehicles that are key to cutting dependence on the use of oil, coal and natural gas

India poised for world-beating growth, says CEA V Anantha Nageswaran

Data next week is likely to show the economy expanded 7% in the year that ended March

US AAA credit rating may be downgraded by Fitch on debt-limit impasse

Economists project a US default could trigger a recession, with widespread job losses and a surge in borrowing costs

Increased Russian crude flows to Asia are redrawing the world's oil map

Exports from traditional suppliers are being squeezed. Flows to the pair from West Africa and the US have collapsed by more than 40% and 35%, respectively.

RBI may need to buy $18 bn of bonds to replenish banking liquidity: ICICI

India's central bank may buy as much as 1.5 trillion rupees ($18 billion) of government bonds to replenish banking liquidity that's expected to tighten later in the year, according to a top banker.

China worries spur $56-billion luxury rout; Arnault loses $11 billion

On Tuesday, he gave back some of those gains. LVMH shares fell 5% in Paris - the most in more than a year - amid a broader decline that erased about $30 billion from the European luxury sector

Billionaire Infosys founder Murthy to double private firm's investments

Catamaran Ventures, based in Bangalore, employs about 15 staff in India overseeing holdings spanning e-sports, insurance and Elon Musk's Space Exploration Technologies Corp

Centre plans sweeping overhaul of digital law as Indian market swells

The changes will impact how Alphabet Inc.'s Google to Meta Platforms Inc. to Amazon.com Inc. do business in a market the government estimates will expand to 1.3 billion internet users by 2025

Law-firm Dentons grows in India as Baker McKenzie, others weigh new rules

Confusion persists on the reciprocity framework, the restriction to advise only "foreign" clients in India, and the bar on "fly-in, fly-out" if the law firm has a local office, among other issues

Anil Agarwal's Vedanta raises about $850 million via JPMorgan, Oaktree loan

Investors have been closely watching Vedanta's debt load as rising interest rates worldwide intensify pressure on low-rated borrowers