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Bloomberg

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Narendra Modi's nuclear power push gains traction as NTPC eyes new plants

A venture between NTPC Ltd. and India's monopoly nuclear developer is in advanced talks with the government to develop two 700-megawatt reactors in the central state of Madhya Pradesh

Narendra Modi's nuclear power push gains traction as NTPC eyes new plants
Updated On : 24 Aug 2022 | 8:13 AM IST

Russia may step up exports of fuels to Asia as EU sanctions tighten

Moscow's invasion of Ukraine has caused turmoil across energy markets this year, and that disruption is set to extend into 2023

Russia may step up exports of fuels to Asia as EU sanctions tighten
Updated On : 24 Aug 2022 | 7:17 AM IST

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights

The aggressive expansion pursued by the Adani Group, led by Asia's richest person, has put pressure on its credit metrics and cash flow, CreditSights said

Adani's ports-to-power conglomerate 'deeply overleveraged': CreditSights
Updated On : 24 Aug 2022 | 1:38 AM IST

Apple planning for 'made in India' iPhone 14 by Diwali 2022: Details here

The first iPhone 14s from India are likely to be finished in late October or November, following the initial September release

Apple planning for 'made in India' iPhone 14 by Diwali 2022: Details here
Updated On : 24 Aug 2022 | 12:52 AM IST

Russian exports of diamonds are rising again after sanctions chaos

The sudden shortage of stones sent diamond prices surging, especially for the smaller and cheaper gems that Alrosa specialises in

Russian exports of diamonds are rising again after sanctions chaos
Updated On : 24 Aug 2022 | 12:42 AM IST

Billionaire Julian Robertson, hedge-fund guru to 'Tiger Cubs,' dies at 90

The North Carolina-born investor started New York-based Tiger Management in 1980 with $8.8 million. He was 48 at the time, relatively old to be launching his own firm

Billionaire Julian Robertson, hedge-fund guru to 'Tiger Cubs,' dies at 90
Updated On : 23 Aug 2022 | 11:27 PM IST

Bitcoin stuck in narrow range as traders brace for Jackson hole

Cryptocurrencies have been trading in tandem with US equities this year as both have been swayed by the Federal Reserve's interest-rate-hiking path

Bitcoin stuck in narrow range as traders brace for Jackson hole
Updated On : 23 Aug 2022 | 11:18 PM IST

Start-ups binge on private money as markets around the world dry up

European venture capital transactions raised nearly $57 billion, down just 4 per cent from the same period last year, according to the data provided by analytics firm PitchBook

Start-ups binge on private money as markets around the world dry up
Updated On : 23 Aug 2022 | 11:13 PM IST

Pakistan set to receive $2 billion from Qatar to ease funding crunch

The South Asian nation will also get $1 billion in oil financing from Saudi Arabia and a similar amount in investments from the UAE

Pakistan set to receive $2 billion from Qatar to ease funding crunch
Updated On : 23 Aug 2022 | 10:59 PM IST

Global banks slice and dice $80 bn in M&A debt that no one wants

In the case of the private-equity buyout of Citrix Systems, they're cutting the debt into smaller pieces to attract a wider pool of investors

Global banks slice and dice $80 bn in M&A debt that no one wants
Updated On : 23 Aug 2022 | 10:52 PM IST

Elon Musk gets a potential boost with Twitter whistleblower's claims

Zatko claims Twitter executives failed to disclose the true extent of such accounts on the platform. His complaint was reported earlier by the Washington Post and CNN

Elon Musk gets a potential boost with Twitter whistleblower's claims
Updated On : 23 Aug 2022 | 8:37 PM IST

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate

Inflation to ease to 4% in two years after peaking, says RBI Governor
Updated On : 23 Aug 2022 | 2:13 PM IST

Legendary sprinter Usain Bolt files for trademarks to protect victory pose

Usain Bolt is looking to sell clothing and fashion accessories under a logo that looks like the victory pose he made famous

Legendary sprinter Usain Bolt files for trademarks to protect victory pose
Updated On : 23 Aug 2022 | 8:51 AM IST

Chinese firm Evergrande's fall should also serve as a warning to Vietnam

China Evergrande Group's debt blowup, with the tumbling home prices and mortgage boycotts that followed, have sent the economy into its deepest spin since the Cultural Revolution

Chinese firm Evergrande's fall should also serve as a warning to Vietnam
Updated On : 23 Aug 2022 | 8:31 AM IST

Chinese banks inflating loan numbers amid struggle to meet govt demands

Some state-owned Chinese banks are extending loans to companies and then allowing them to deposit funds at the same interest rate

Chinese banks inflating loan numbers amid struggle to meet govt demands
Updated On : 23 Aug 2022 | 8:26 AM IST

Malaysia's Mahathir sees 50-50 chance of Najib Razak getting 1MDB pardon

Mahathir Mohamad, who was prime minister twice, said Malaysia's king could extend a pardon to Najib in the same way current opposition leader Anwar Ibrahim was given

Malaysia's Mahathir sees 50-50 chance of Najib Razak getting 1MDB pardon
Updated On : 23 Aug 2022 | 8:27 AM IST

The sleuths who protect cryptocurrencies from hackers are raking in money

As mass firings become the norm elsewhere in crypto, they're boosting hiring, raising prices and taking in fresh funding

The sleuths who protect cryptocurrencies from hackers are raking in money
Updated On : 23 Aug 2022 | 2:33 AM IST

Chinese tracking ship leaves Sri Lanka after controversial 6-day visit

The ballistic missile and satellite tracking ship 'Yuan Wang 5' ship was originally scheduled to arrive at the Chinese-run port on August 11 but it was delayed

Chinese tracking ship leaves Sri Lanka after controversial 6-day visit
Updated On : 23 Aug 2022 | 12:18 AM IST

Trial lawyers in England & Wales to strike indefinitely over funding, fees

The Criminal Bar Association, which represents thousands of barristers in England and Wales, said around 80% of its members backed escalation of industrial action that has run since the end of June

Trial lawyers in England & Wales to strike indefinitely over funding, fees
Updated On : 23 Aug 2022 | 12:13 AM IST

UK PM hopeful Rishi Sunak signals he wouldn't serve in Liz Truss' govt

Sunak, whose shock resignation last month ultimately led to Boris Johnson's downfall as premier, and Truss are at odds with each other over their plans on the economy

UK PM hopeful Rishi Sunak signals he wouldn't serve in Liz Truss' govt
Updated On : 23 Aug 2022 | 12:07 AM IST