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International Monetary Fund, World Bank chiefs raise global debt alarm

World Bank President Malpass called for a new process for restructuring debt burdens for developing nations amid concerns about a lack of transparency over how much they owe to China

International Monetary Fund, World Bank chiefs raise global debt alarm
Updated On : 20 Apr 2022 | 11:02 PM IST

India to seek UK trade pact, easier worker visas during Johnson's visit

The British prime minister's trip comes just weeks after Foreign Secretary Liz Truss visited New Delhi in a bid to convince the Modi government to condemn Russia's invasion of Ukraine

India to seek UK trade pact, easier worker visas during Johnson's visit
Updated On : 20 Apr 2022 | 6:38 PM IST

Saudi food startup raises $ 170 mn from Sequoia Capital India, others

The company is also looking at potentially acquiring rivals to help it grow and will expand into fintech after receiving a license from the Saudi central bank

Saudi food startup raises $ 170 mn from Sequoia Capital India, others
Updated On : 20 Apr 2022 | 5:09 PM IST

India doubles down on every major Russian oil variety as flows persist

India has a longstanding relationship with Russia that includes weapons buying, and purchasing of oil adds to the Kremlin's coffers while it tackles financial sanctions

India doubles down on every major Russian oil variety as flows persist
Updated On : 20 Apr 2022 | 2:28 PM IST

Elon Musk tweets another hint of Twitter tender offer, sparks speculation

Musk had earlier posted a tweet with "Love Me Tender," bracketed by musical notes

Elon Musk tweets another hint of Twitter tender offer, sparks speculation
Updated On : 20 Apr 2022 | 12:10 PM IST

Grades will matter: UK study finds men with good grades better off

A UK based study shows students from non-elite educational institutions have a lesser chance of getting high-salary jobs. Students with poor grades can also result in poor earnings, says the study.

Grades will matter: UK study finds men with good grades better off
Updated On : 20 Apr 2022 | 11:27 AM IST

First protest death boosts calls to oust Sri Lanka President Rajapaksa

Sri Lanka's economic crisis -- the worst since it gained independence more than 70 years ago -- has brought angry citizens to the streets demanding the ouster of the Rajapaksa family

First protest death boosts calls to oust Sri Lanka President Rajapaksa
Updated On : 20 Apr 2022 | 10:00 AM IST

Bureaucracy is bogging down bankruptcy deal, says CJI N V Ramana

The top court gave another week to the government's lawyer to sort out the differences between the Enforcement Directorate and corporate affairs ministry.

Bureaucracy is bogging down bankruptcy deal, says CJI N V Ramana
Updated On : 20 Apr 2022 | 12:33 AM IST

Zilingo board discusses replacing CEO Ankiti Bose after suspension

The board has not yet decided who will replace Bose, though one option discussed is to appoint interim leadership, possibly including senior executives and investors, people familiar with matter said

Zilingo board discusses replacing CEO Ankiti Bose after suspension
Updated On : 20 Apr 2022 | 12:13 AM IST

Blackstone adds to bet on US student housing with $13-bn deal

The all-cash transaction is the largest student-housing deal by the Blackstone Real Estate Income Trust.

Blackstone adds to bet on US student housing with $13-bn deal
Updated On : 19 Apr 2022 | 11:41 PM IST

Amazon, Reliance, Sony vying for IPL broadcast rights: Report

The auction will allow the winner or winners to globally telecast matches of India's top cricket league between 2023 and 2027 via live streaming and TV broadcast

Amazon, Reliance, Sony vying for IPL broadcast rights: Report
Updated On : 19 Apr 2022 | 10:13 PM IST

Crisis-hit Sri Lanka seeks emergency financial assistance from IMF

Sri Lanka is seeking up to $4 billion this year to tide over problems and pay creditors amid dwindling foreign reserves and Asia's fastest inflation

Crisis-hit Sri Lanka seeks emergency financial assistance from IMF
Updated On : 19 Apr 2022 | 12:44 PM IST

European Union expects to pay bulk of Ukraine's reconstruction costs

The topics of post-war reconstruction and possible war reparations are expected to garner attention over the next weeks

European Union expects to pay bulk of Ukraine's reconstruction costs
Updated On : 19 Apr 2022 | 11:26 AM IST

Rupee slips for third session in a row; oil near $113 a barrel

The rupee also weakened as hawkish Fed officials and dovish ECB continued to push the bond yields higher.

Rupee slips for third session in a row; oil near $113 a barrel
Updated On : 19 Apr 2022 | 12:25 AM IST

China's GDP growth tops forecasts in first quarter; analysts sceptical

The better-than-expected economic data prompted questions from analysts who pointed to inconsistencies with alternative statistics that paint a grimmer picture

China's GDP growth tops forecasts in first quarter; analysts sceptical
Updated On : 18 Apr 2022 | 11:55 PM IST

Facing public ire, Sri Lanka's President to 'review executive powers'

Expands Cabinet ahead of IMF talks; Mahinda stays on

Facing public ire, Sri Lanka's President to 'review executive powers'
Updated On : 18 Apr 2022 | 11:48 PM IST

Twitter stock gains as board plots defense strategy against Musk

The stock rose 3.8% to $46.78 at 1:00 p.m. in New York.

Twitter stock gains as board plots defense strategy against Musk
Updated On : 18 Apr 2022 | 11:47 PM IST

Cash-strapped Pakistan cuts power to households on fuel shortage

Pakistan's energy costs more than doubled to $15 billion in nine months ended February from a year earlier, and it isn't able to spend more on additional shipments

Cash-strapped Pakistan cuts power to households on fuel shortage
Updated On : 18 Apr 2022 | 11:43 PM IST

Gold rises to five-week high with growing risks boosting havens

The precious metal climbed as much as 0.8 per cent after capping a second weekly gain.

Gold rises to five-week high with growing risks boosting havens
Updated On : 18 Apr 2022 | 11:19 PM IST

Alex Jones' Infowars files for bankruptcy amid Sandy Hook lawsuits

Each estimated liabilities of as much as $10 million, according to court filings. Chapter 11 filings allow a business to keep operating while working on a turnaround plan

Alex Jones' Infowars files for bankruptcy amid Sandy Hook lawsuits
Updated On : 18 Apr 2022 | 10:34 PM IST