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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.

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.

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

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.

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

Russia says Ukraine gave 'unacceptable' draft peace proposal

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

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

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

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

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