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Banks to reach out to anchor investors for LIC IPO after Paytm delay

LIC IPO: Bankers, government officials and LIC staff are working around the clock to complete the preparatory work for the IPO and ensure there's enough demand for the mega sale

Bull market in US overcame Covid waves, Fed pivot in tempestuous 2021

The S&P 500 Index ended the last trading day of 2021 with a drop of 0.3% that still left the equity benchmark 27% higher for the year and boasting no less than 70 record closes

Base metals shine in wild 2021 as gold falters, iron ore sinks

Gold bulls were ultimately left disappointed even as inflation raged

Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Unfazed collectors drive strong sales on Art Basel Miami's first day

New York dealer, Marianne Boesky, sold multiple pieces in her booth, including a resin-on-wood piece by Donald Moffett for $160,000

Omicron: These countries are slapping the unvaccinated with fines and bans

Here are some of the measures against the unvaccinated deployed by governments around the world

US companies added 534,000 jobs in November, ADP data show

The figures suggest steady improvement in a labor market where skills mismatches, job switching and pandemic-related factors are still making it difficult for employers to attract and retain workers

EU should discuss mandatory vaccinations: European Commission President

Germany's incoming chancellor Olaf Scholz threw his support behind making Covid-19 vaccine compulsory and called for a parliamentary vote on the plan

Global central banks told not to panic in face of inflation spike

OECD said price gains will peak at the turn of the year as demand stabilizes, supply bottlenecks fade and people return to the labor force

Taliban curbs on working women could cut Afghanistan's GDP by 5%

The economic impact of educating a girl in Afghanistan is more than double that for educating a boy, according to the UN report

Amid low inflation, CEA sees no impact on RBI policy as Fed turns hawkish

Monetary policy will not have to be in conflict with fiscal policy in India, as opposed to other economies, says K V Subramanian

Omicron may be uncertain, but inflation is a sure thing for economies

Omicron raises questions about the strength of demand in the event lockdowns are renewed and people have to wait for a whole new vaccine.

China basks in Covid Zero approach as other nations scramble for Omicron

Country closed border indefinitely at the beginning of the pandemic, intensifying its stringent curbs ever since.

These are the world's most expensive cities to live in right now

The soaring shekel and price increases for goods including groceries and transport were the main factors in Tel Aviv taking the top spot

Current Covid vaccines can likely protect from omicron: BioNTech CEO

The current generation of Covid-19 vaccines probably will still protect against severe disease in people infected by the omicron variant, BioNTech CEO Ugur Sahin said.

Vignesh Sundaresan paid $69.3 mn for an NFT so you can download it for free

Indian cryptocurrency entrepreneur and investor says technology 'can bridge cultures from all over the world'.

Paytm: India's largest-ever IPO seen as a 'high-risk bet' for investors

'Nothing is really going to happen (for Paytm stock) in short-term. I would say demand will come through but maybe not a big listing pop,' says Rakhi Prasad, an investment manager with Alder Capital

China's Covid zero target gets more elusive as asymptomatic cases increase

China reported more infections in people who exhibited no symptoms of Covid-19 on Tuesday than in those who were actively suffering from the virus

Votes are in: Elon Musk likely to escape regulatory action for Twitter poll

On Sunday, Elon Musk created an attention-grabbing Twitter poll about whether he should sell 10% of his formidable stake in Tesla Inc.

One bankrupt industry leaves $80 bln hole in India's climate pledge

Without reforming discoms, India will struggle to meet its bold target of raising non-fossil-fuel generation capacity.