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Bloomberg

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Oil falls 4% to below $100 per barrel on worsening China demand outlook

Brent crude for June delivery was down $3.93, or 3.8 per cent, at $98.85 a barrel by 1130 GMT

Oil falls 4% to below $100 per barrel on worsening China demand outlook
Updated On : 11 Apr 2022 | 11:12 PM IST

RBI's surprise hawkish pivot spurs economists to move up rate calls

The RBI surprised markets Friday by saying it now prioritizes tackling inflation over supporting economic growth

RBI's surprise hawkish pivot spurs economists to move up rate calls
Updated On : 11 Apr 2022 | 2:03 PM IST

India needs the US in order to realise its tech ambitions

India has every chance of becoming a successful and prosperous player in the global technology industry

India needs the US in order to realise its tech ambitions
Updated On : 11 Apr 2022 | 8:49 AM IST

Russia's Ukraine invasion supercharges push to make a new green fuel

A nearly 450% jump in European gas prices the past year made the green fuel of the future cost-competitive about a decade ahead of schedule

Russia's Ukraine invasion supercharges push to make a new green fuel
Updated On : 11 Apr 2022 | 8:39 AM IST

Amazon's drone delivery program is hit by crashes and safety concerns

The company is a long way from launching a drone delivery service

Amazon's drone delivery program is hit by crashes and safety concerns
Updated On : 11 Apr 2022 | 8:22 AM IST

How India's much-anticipated global bond index inclusion unraveled

Inclusion was perceived as a crucial step change for the $1 trillion market.

How India's much-anticipated global bond index inclusion unraveled
Updated On : 11 Apr 2022 | 8:15 AM IST

Bitcoin declines below key technical mark as rate concerns mount

US inflation likely accelerated to 8.4% in March, the fastest pace since early 1982, economists surveyed ahead of data due Tuesday predict.

Bitcoin declines below key technical mark as rate concerns mount
Updated On : 11 Apr 2022 | 7:29 AM IST

Russia's first default in a century looks all but inevitable now

With Vladimir Putin's govt hampered by asset blocks and branded a pariah by Western countries, speculation has mounted that Russia would only be able to avoid a default for so long

Russia's first default in a century looks all but inevitable now
Updated On : 10 Apr 2022 | 4:44 PM IST

Inflation hedges are getting harder for individual investors to find

If U.S. policy makers follow through on their aggressive tightening rhetoric, we could be in for some testing times

Inflation hedges are getting harder for individual investors to find
Updated On : 10 Apr 2022 | 8:24 AM IST

Pakistan political crisis: Imran Khan ousted, paving way for power shift

Pakistan political crisis: Parliament will convene again on Monday to pick a new prime minister, which will almost certainly be opposition leader Shehbaz Sharif.

Pakistan political crisis: Imran Khan ousted, paving way for power shift
Updated On : 10 Apr 2022 | 7:54 AM IST

Rishi Sunak's wife to pay UK taxes as pressure mounts on chancellor

The chancellor and his family are trying to repair the damage to his reputation after a series of stories about his wealthy lifestyle fed into the growing perception that he's out of touch with the st

Rishi Sunak's wife to pay UK taxes as pressure mounts on chancellor
Updated On : 09 Apr 2022 | 8:33 AM IST

UK Chancellor Rishi Sunak's star fades just as 10 Downing Street in reach

For the first time in his political career Sunak is under siege, unable to shrug off a perception that he doesn't understand the plight of ordinary Britons squeezed by surging fuel and food costs.

UK Chancellor Rishi Sunak's star fades just as 10 Downing Street in reach
Updated On : 08 Apr 2022 | 2:23 PM IST

Drunk plane maintenance workers of airline, oil firm caught in crackdown

India in December revised guidelines to expand the universe of airport workers who would be subjected to breath-analyzer checks.

Drunk plane maintenance workers of airline, oil firm caught in crackdown
Updated On : 08 Apr 2022 | 9:53 AM IST

The street has spoken in Sri Lanka: the Rajapaksa brothers have to go

The government prioritized servicing external debt rather than ensuring it could provide for its people

The street has spoken in Sri Lanka: the Rajapaksa brothers have to go
Updated On : 08 Apr 2022 | 7:58 AM IST

Rishi Sunak's wife leans on non-domiciled status to prune tax outgo in UK

Murthy is the daughter of Indian billionaire, Infosys Ltd. co-founder Narayana Murthy, and she owns 0.93% of the company's shares, according to Bloomberg data.

Rishi Sunak's wife leans on non-domiciled status to prune tax outgo in UK
Updated On : 08 Apr 2022 | 1:05 AM IST

Shanghai's Covid lockdown risks becoming biggest crisis of Xi's tenure

The struggle to obtain daily necessities like food and medical care has triggered rare pushback from residents, with some saying the Communist Party's cure is worse than the disease

Shanghai's Covid lockdown risks becoming biggest crisis of Xi's tenure
Updated On : 08 Apr 2022 | 1:04 AM IST

Russia says Ukraine gave 'unacceptable' draft peace proposal

In Brussels, Ukrainian Foreign Minister Dmytro Kuleba urged Nato to provide more weapons

Russia says Ukraine gave 'unacceptable' draft peace proposal
Updated On : 08 Apr 2022 | 12:46 AM IST

Dissolution unconstitutional: Pakistan SC orders no-trust vote on April 9

The parliament ruling is "declared contrary to the constitution and the law," Chief Justice Umar Ata Bandial said of the unanimous verdict

Dissolution unconstitutional: Pakistan SC orders no-trust vote on April 9
Updated On : 08 Apr 2022 | 12:40 AM IST

New Sri Lanka central bank boss calls monetary policy meet on Friday

Nandalal Weerasinghe, a former senior deputy governor of the Central Bank of Sri Lanka who has worked with the IMF, will replace Cabraal on Thursday

New Sri Lanka central bank boss calls monetary policy meet on Friday
Updated On : 08 Apr 2022 | 12:36 AM IST

Pakistan seeks to skirt crisis with biggest rate hike since 1996

The key rate now stands at 12.25 per cent, State Bank of Pakistan said in a statement on Thursday

Pakistan seeks to skirt crisis with biggest rate hike since 1996
Updated On : 08 Apr 2022 | 12:27 AM IST