Page 542 - Bloomberg/workspace/business Standard Web/video

Economists see waning urgency for India's RBI to go for large hikes

Citigroup Inc. economists expect a 35 basis-point increase in borrowing costs at the Reserve Bank of India's next Monetary Policy Committee meeting in August, a move also predicted by Barclays Plc

Front-running scandal at Axis Mutual Fund set to rock $465-bn MF industry

Axis Asset Management Co, India's seventh largest mutual fund manager and partly owned by Schroders, in May sacked two employees, including its chief dealer, amid an ongoing internal probe

India preparing to submit new climate targets to UN ahead of COP27 talks

India's delay has been striking given Prime Minister Narendra Modi's surprise announcement at COP26 that his country would reach net-zero emissions by 2070

Global energy crisis hastening end of fossil fuel dominance, says India

Renewables paired with energy storage are now cheaper than coal after the fuel's price surged in recent months, while fossil sources are also experiencing a lack of investment, RK Singh said

Twitter lawyers say they can prevail over Elon Musk in just four days

The Twitter buyout agreement specifies all legal disputes over the deal must be heard in Delaware, corporate home to more than half of US public companies, including Twitter and Musk's Tesla Inc

Global squeeze on energy supply may get worse, warns IEA's Fatih Birol

"The world has never witnessed such a major energy crisis in terms of its depth and its complexity," IEA Executive Director Fatih Birol said Tuesday at a global energy forum in Sydney

Microsoft cuts 1,800 jobs in restructuring, will hire more: Report

The layoffs, affecting less than 1 per cent of the 180,000-person workforce, spanned a variety of groups including consulting and customer and partner solutions

RBI governor Shaktikanta Das says will ensure orderly movement in rupee

India's currency has been on a downward spiral, falling 6.6% this year, as fears of a global recession and deteriorating external balances fuel outflows

Iron ore prices tumble towards $100 as demand from China declines

Market watchers are monitoring the government's response as the daily virus caseload in Shanghai grows, topping 50 for the fourth straight day

WHO chief warns of rising infections, deaths from new Covid wave

Europe is at the centre of a new wave of cases driven by the BA.4 and BA.5 omicron sub-variants as people attend large gatherings and resume traveling after two years of staying close to home

NASA space telescope captures new detail of distant galaxy cluster

The images are the highest-resolution view of the universe ever captured, and demonstrate the capabilities of the $10 billion observatory designed to view deep into space and time

London's Heathrow airport imposes capacity cap of 100,000 passengers a day

Forecasts show that the airport would have to handle as many as 104,000 passengers a day over the summer, the airport said.

Elon Musk says Donald Trump should skip 2024 race, was 'too much drama'

He added that DeSantis, who's running for re-election and has shown growing strength in early polls among Republican 2024 hopefuls, would "win easily" against President Joe Biden

Sri Lanka's fallen Rajapaksa dynasty is already planning its next comeback

In a recent interview at the ruling party's office in Colombo, which was vandalized by a mob during the May 9 violence, Namal said that Gotabaya "should complete his term and then go"

How data privacy, Razorpay became victims of Alt News vs Delhi Police fight

Alt News received money "through Razorpay from Pakistan, Syria, Australia, Singapore, and the UAE, which all require further investigation," a public prosecutor said

About 30 million people face Covid-19 pandemic curbs in China: Report

The nation reported 352 new cases for Sunday, with the daily figure hovering over 300 for the past week, the highest level since late May

Twitter lawyers up to sue Musk on broken buyout deal; stock sinks 8%

Shares dropped 8.8% to $33.59 as of 12 p.m., on track to erase about $2.5 billion in market value

Bitcoin is more likely to hit $10,000 than $30,000, finds MLIV Pulse survey

This sector remains a polarizing one: while some 28% of the overall respondents expressed strong confidence that cryptocurrencies are the future of finance, 20% said they're worthless.

SpiceJet sees another technical glitch after flight lands in Dubai: Report

The plane, an eight-year-old Boeing Co. 737 next generation jet, had flown from India to Dubai on Monday and after landing was discovered to have a technical issue with its nose wheel

Billionaires are vying for Metro's Indian wholesale unit: Report

Thailand's CP Group, Reliance have submitted non-binding bids, according to people familiar with the matter; Amazon is also considering entering the race with an offer