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India unveils Rs 2.2 trillion plan to upgrade grid for clean power

The project will connect solar plants in the sun-drenched deserts of Rajasthan and Gujarat and wind farms in Tamil Nadu to the national network

Fifa World Cup fans on pace to spend record amounts at tournament venues

With 10 days to go until the end of the Fifa World Cup, fans have already spent more money than they did when Brazil hosted in 2014, and 89% of the value they spent at Russia in 2018

G-7 price ceiling on Russian oil not low enough to hit Kremlin's revenues

European officials touted the cap - negotiated last week after months of haggling among the US and its allies - as a way to starve Russia's war machine

Power giant NTPC plans nuclear expansion as India chases climate goals

The state-run company aims to install 20 to 30 gigawatts of nuclear capacity by 2040

Majority of China's population may contract Covid, warns health adviser

About 80 to 90% of the Chinese population may eventually be infected with the virus

Facebook, Twitter poised to beat suit over Covid vaccine misinformation

The proposed class-action lawsuit tried to get around law by claiming that Meta's Facebook and Twitter breached their contracts with users

Ex-Theranos president Ramesh Balwani gets 13-year prison term in fraud case

Former Theranos Inc President and Chief Operating Officer Ramesh "Sunny" Balwani was sentenced to 13 years in prison for defrauding investors and patients of the company

Elite US colleges try to navigate a world where the SATs are optional

As deadlines loom for the Class of 2027 - Jan. 1 is the big day at many top institutions - American higher ed is in the middle of a grand experiment in "test-optional" admissions

Germany busts plot to put ex-royal back in power, detains 25 people

Prosecutors said the group was inspired by the deep state conspiracy theories of Germany's Reichsbuerger and QAnon, whose advocates were among those arrested after the storming of the U.S. Capitol

Apple overhauls store pricing to offer flexibility for app developers

Experts said the announcement is a positive development for the Indian mobile app ecosystem, as iPhone's user base continues to grow in India

Indian authorities hold up export of 27,000 Vivo phones in clash with China

The smartphones are being held up at the New Delhi airport by India's revenue intelligence unit over an alleged mis-declaration of the device models and their value

Fullerton acquisition deal: Sumitomo Mitsui Group faces $670-mn tax bill

The South Asian govt's tax department has asked the bank to pay the amount on behalf of seller Fullerton Financial Holdings Pte, arguing that it should have withheld the sum during the acquisition

What we have learned three days into the price cap on Russian oil

The unprecedented move by one set of countries to try to impose a price at which another can sell a commodity has drawn confusion among traders, and - from Moscow - a threat of retaliation

Developing world may need to find $2.5 trn over 5 yrs to meet debt costs

A greater proportion of poorer-country debt is now owed to commercial lenders, which offer shorter maturities, and capital markets have largely closed to many governments

Vodafone's largest shareholder rules out bid after raising its stake

Abu Dhabi's Emirates Telecommunications Group Co., also known as Etisalat, said it now owns 11% of Vodafone, up from 10% earlier

Byju's seeks easier terms on $1.2 bn loan as it struggles with losses

Byju's, valued at $22 billion, has appointed an adviser to discuss tweaks in covenants of the term loan B with creditors

China eases curbs in major shift in 'zero Covid' policy to quell discontent

New measures include accelerating vaccination among the elderly and forbidding local officials to designate large areas, like entire housing compounds, as high-risk

China's politburo shifts focus to boosting economic recovery in 2023

The economy is expected to face bigger pressure from spiking Covid cases in the early stages of China's reopening

China's trade weakens to worst since first Covid lockdown as demand falls

The worsening trade performance is undermining a strong pillar of China's economy over the last two years, where the rise in exports to record levels have provided Chinese firms with stable demand

Elon Musk slams San Francisco for probe of bedrooms at Twitter headquarters

Twitter in recent weeks has turned several conference rooms at the office into makeshift bedrooms, complete with furniture like bedside tables and armchairs