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G7 countries to provide $19.8 billion in aid to crisis-hit Ukraine

The International Monetary Fund will be assisting with the package, German Finance Minister Christian Lindner, the host of the meeting, told reporters.

Amazon, Flipkart in talks to buy stake in $1 bn diagnostic chain Metropolis

Metropolis runs more than 3,000 diagnostics centers as well as pathology laboratories in India and Africa

India orders probe after 3 incidents of in-flight engine shutdowns

India has seen a number of mid-flight shutdowns, and regulators have responded strongly in the past.

Elon Musk's Twitter deal proceeding, not 'on hold': Executives tell staff

Vijaya Gadde, Twitter's top lawyer and head of policy, also told workers at an all-hands meeting that there is "no such thing as a deal being on hold"

China's stimulus tops $5 trillion as Covid zero policy batters economy

"The mainstay of policy this year is fiscal spending and government investment, while the central bank is only playing a supportive role so far," said David Qu, China economist

How to wean the Indian military off its dependence on Russian arms

While half a billion dollars may seem like a lot of money, it really isn't when compared to the scale of the problem. Until recently, India bought almost all its frontline weaponry from Russia.

SpaceX paid $250,000 to settle sexual harassment claim against Musk: Report

The closely held rocket launch company, of which Musk is founder and chief executive officer, made the payment in 2018 to an unidentified flight attendant

Xiaomi logs first revenue fall after Covid lockdown, war hurt demand

China's largest smartphone maker is losing global market share to frontrunners Samsung Electronics Co. and Apple Inc

Tesla loses spot on S&P ESG Index over crashes and work conditions

The index provider also cited concerns related to working conditions and the firm's handling of an investigation into deaths and injuries linked to its driver-assistance systems

Sajjan Jindal's JSW Infrastructure plans public listing by March 2024

The Mumbai-based company, which operates seaports and terminals, will soon start the process of engaging investment bankers and professional agencies to facilitate the listing

Biden weighs meeting Saudi Crown Prince next month in sign of thawing

A spokeswoman for the White House National Security Council said they have no travel to announce at this time.

Crisis-hit Sri Lanka falls into default, warns inflation may surge to 40%

Sri Lanka Missed $78M Bond Coupon, $105M China Payment April 18

Global economy loses $1.6 trn as world struggles to avoid a new Cold War

Russia's invasion of Ukraine and China's Covid Zero lockdowns are disrupting supply chains, hammering growth and pushing inflation to forty-year highs.

Asian companies to ramp up petrol exports to US as sky-high prices beckon

JPMorgan Chase & Co forecast this week that American gasoline could surge to as high as $6.20 a gallon by August

Monkeypox found in US and UK: What is it and should you be worried?

The case, the first in the US so far this year, follows reports of scattered cases in Europe, including seven in the UK and others in Portugal and Spain.

Tata Consumer in acquisition talks with at least five consumer brands

Tata group will likely face stiff competition in the sector from existing global giants such as Unilever, as well as Indian tycoon Mukesh Ambani's Reliance Industries Ltd

Won't hesitate to keep hiking rates till inflation tamed: Fed chair

"What we need to see is inflation coming down in a clear and convincing way, and we're going to keep pushing until we see that," Powell said Tuesday during a Wall Street Journal live event

Mukesh Ambani and Gautam Adani reap windfall from surging oil, coal prices

Shares of both RIL and Adani Enterprises had soared 19% and 42% respectively between Feb 24, when the Ukraine invasion began, and end of April, before a global stock rout wiped out some of those gain

Sri Lanka can't find cash to pay even one ship for petrol, says minister

Prime Minister has said the nation is working to obtain dollars in the open market to also pay for three ships with crude oil.

US readying an arms-aid package to wean India away from Russian weapons

The effort is part of a much larger initiative by Joe Biden's administration to court India as a long-term security partner, despite its reluctance to criticize Russia for its invasion of Ukraine