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Tata's Neu: Group packs power brands in all-in-one e-commerce app

Described as a "super-app" and in the pipeline since at least mid-2020, the website called it "a unified platform that connects several brands across the Tata universe like never before"

Jet Airways plans to return with a mix of premium, no-frills services

The consortium infused Rs 500 million into Jet Airways 2.0 -- as it is dubbed by the new owners -- in January, and lenders have said they don't object to an extension of 60 days.

Suspected Chinese hackers collect intelligence from India's power grid

The hackers compromised an Indian national emergency response system and a subsidiary of a multinational logistics company

RBI likely to revise inflation outlook as it extends rate pause: Economists

Expectations are for the RBI to revive open-market operations or resort to Operation Twists, wherein it buys longer bonds and sells shorter-dated notes, to support the market amid record debt supply

Mocked as 'rubble' and fighting sanctions, Russian ruble comes roaring back

The rapid ruble recovery gives Putin a major victory back in Russia, where many people fixate on the currency's ups and downs

Actis to buy $400-million road assets from India's Welspun Group

'The buyout firm is in advanced talks for the assets and is set to beat out a number of rival bidders'

Cash flood, not green dreams, leads to slump in oil bond sales

The slump in fossil-fuel issuance isn't necessarily a sign bankers have woken up to the seriousness of climate change

FOMC minutes: Fed officials weigh shrinking balance sheet by $95 bn a month

Federal Reserve officials 'generally agreed' last month to trim $60 bn per month from the US central bank's Treasury holdings and $35 bn from its holdings of mortgage-backed securities

Garcetti's handling of sexual harassment case imperils his India envoy job

The White House has continued to stand by the nomination of Garcetti, 51, who served as co-chair of Biden's presidential campaign.

HDFC giants' merger is a joint-family deal made for a changing India

As the two HDFC elephants start their dance, they must be careful - not just of other banks, but of fintech rivals trying to set the tune for both lenders and borrowers.

India needs $12.4 trillion for net-zero transition, says report

India will need investments worth $12.4 trillion, nearly half of US GDP, from developed nations and investors to help its economy transition to net-zero carbon emissions by 2060, says a report

Fresh coal crisis looms in India as top miner adds new curbs

Coal India is restricting deliveries to industrial consumers to prioritise power plants, with fuel stockpiles already below target levels and the country heading into a traditional summer demand peak

Govt considers seeking Rs 50,000 cr in mega LIC IPO next month: Report

The government is discussing selling as much as a 7% stake in LIC through the listing, say people with knowledge of the matter

United States isn't seeking a 'divorce' from China, trade chief says

The trade chief is on a three-day trip to Singapore focused on strengthening the U.S. relationship and identifying areas of cooperation through the Indo-Pacific Economic Framework

$120 bn global grain trade being redrawn by Russia's war in Ukraine

India, which historically kept its huge wheat harvests at home - thanks to a government-set price - is jumping into the export market, hawking record amounts across Asia

Bond yield surge threat is only agenda for traders from RBI policy

The Reserve Bank of India faces the challenge of keeping bond yields in check as the government kicks off an unprecedented 14.31 trillion rupees ($190 billion) of annual borrowing in April.

ExxonMobil flags biggest profit in 13 years due to surging oil prices

Exxon said Monday that first-quarter results may have been as much as $2 billion higher than earnings during the final three months of 2021

Hertz to buy up to 65,000 electric vehicles from Polestar in $3-bn deal

The Tesla and Polestar purchases give Hertz a steady stream of some of the most coveted battery-powered cars, even as manufacturers scurry to keep up with swelling order books

Sri Lankan stocks slide by nearly 33%, world's worst losers after Russia

The slide in Sri Lankan shares is leading the reversal in a broader gauge of Asia's frontier-market equities after it rallied in 2021.

Sri Lanka names new ministers as old team quits amid economic crisis

The reshuffle comes amid Sri Lanka's struggle with a severe dollar shortage that prompted capital controls and import curbs.