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India will frame cryptocurrency law after global consensus: Report

India's central bank has openly voiced its opposition to private digital currencies.

US calls India's stand on Russian sanctions 'deeply disappointing'

Comments regarded as a deepening rift between the security partners as Russian Foreign Minister Sergei Lavrov traveled to Delhi for talks.

Britannia's planned price hike signals coming inflationary pain

Russia's invasion of Ukraine has roiled consumer firms across the world already contending with labor shortages and supply-chain constraints.

Fintech has spread far and wide in India, banks need a counterattack

Banks aren't intuitively geared to handle the unique requirements of small businesses

Bezos poised to clash with Mukesh Ambani in auction for IPL media rights

The auction promises to be an epic showdown between the Seattle-based retail Goliath on one side and India's most valuable company on the other and could see bets of $7 bn or more

Kumar Mangalam Birla to spend $7.2 bn on aluminium demand bet

Birla-owned Hindalco Industries will invest the amount mainly across its businesses in India and North America

Russia offers oil to India at steep discount to pre-war price of $35/barrel

Russia is offering India steep discounts on the direct sale of oil as mounting international pressure lowers the appetite for its barrels elsewhere, Bloomberg reports

Macquarie Group considers sale of toll-road assets in India: Report

Macquarie Group Ltd.'s asset management arm is exploring a sale of toll-road assets in India as the Australian company seeks to monetize some of its early bets in Asia's third-largest economy

Two top IndiGo's executives quit in 2 days as Rahul Bhatia is named MD

IndiGo's Chief Commercial Officer Willy Boulter said he will resign after July, just a day after CFO Jiten Chopra quit the biggest budget airline in Asia by market value

RBI risks falling behind curve on curbing inflation like US Fed: SBI Funds

The Reserve Bank of India has confounded market expectations with its accommodative policy even as inflation breached its 6% limit for two months

Hackers steal over $600 mn in one of the major crypto heists

Hackers stole about $600 million from a blockchain network connected to the popular Axie Infinity online game in one of the biggest crypto attacks to date

World's biggest electric cruise ship sets sail in China

The ship will go into commercial operations from next month, being used mainly for sightseeing trips

Sri Lanka: No medicines, 10-hour power cuts as economic crisis worsens

Ceylon Petroleum requested the public not to queue for diesel on Wednesday and Thursday after the state-run refiner failed to unload a shipment of 37,500 metric tonnes of the fuel

Volvo planning to turn its cars into iPhone on wheels, says CEO Rowan

All the stuff that you can do in your smartphone will be almost inherently native within the vehicle, Rowan said

Wall St: Stock surge is a bear-market trap with curve inverted, warns BofA

The strategists caution that the selloff that took the S&P 500 12% from its January record is not over and sharp rallies are typical of volatility in bear markets

Russia proposes SWIFT alternative to India for Ruble payments

India is keen to continue bilateral trade due to its dependency on Russian weapons and the prospect of buying cheaper oil as global prices surge.

Australia says 'very close' to finalising free-trade agreement with India

A free trade agreement between India and Australia has been more than 10 years in the making, with negotiations beginning in 2011 before being suspended four years later in 2015

7 Indian-origin persons charged in million dollar insider trading scheme

Seven Indian-origin persons have been charged by US federal authorities with insider trading in a scheme through which they made over a million dollars in illegal profits.

Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021

Sri Lanka's economy grew at a slower-than-expected 1.8% in the 4th quarter of the 2021 financial year, taking its full year growth to 3.7 per cent, data from the govt's statistics department showed

Covid-19: China lockdowns costing $46 billion a month, say experts

A worst-case scenario would be a lockdown of all cities for one month, which would cut national GDP by 53 per cent over that period.