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Shriram Capital closes in on a merger deal with two lending units

Unlisted Shriram Capital is in the process of firming up the amalgamation with Shriram Transport Finance Co and Shriram City Union Finance Ltd

EU gas and power prices jump as higher Russian flows fail to materialize

Benchmark gas futures traded in the Netherlands surged as much as 9.7% as orders via a key Russian pipeline signaled shipments will remain well below normal on Monday

Here are analysts' top India stock picks for the festive season

Indian brokerages, which traditionally release picks for the new year in this seasons, are bullish this time on mid-sized names that are focused on reopening of business and travel activity in India

Is India really ready for the next big outbreak?

A wave of dengue fever cases shows how little has been learned by India's political leaders from the Covid pandemic

China posts record trade surplus in October on galloping exports

China's trade growth has remained well above pre-pandemic levels all year

Energy crisis in India, China that helped revive coal is easing for now

Spot power prices have tumbled in India as electricity shortfalls have been addressed

Ready to reduce tariffs once RCEP comes into force next year: China

China expects the deal to significantly improve East Asia's economic integration and wants full implementation as soon as possible, according to a statement of China Ministry of Commerce on Saturday.

Latest threat in supply chain nightmares is the storm season at sea

Ships waiting to use the Port of Los Angeles hit 14 days at anchorage this week, about the same amount of time it takes to cross the Pacific, according to port data

China says it will continue Covid-19 curbs amid overseas outbreaks

Adherence to Covid Zero has seen China mounting increasingly disruptive restrictions

Europe relapses as Covid-19 hot spot in warning sign for recovery

Despite an abundance of Covid-19 shots, countries from Germany to Greece have reported record infections in recent days

Stock pros are as hedged as ever under record-smashing S&P rally

Big institutions are still paying a decent premium to hedge the S&P 500 Index compared with how tranquil the benchmark has actually been lately

As US markets set new records, hedge fund managers aren't buying the frenzy

A virtually uninterrupted march higher in the major indexes has pushed volume in the day trader flier-of-choice, bullish call contracts, to some of the highest levels in history

Australia hits 80% full Covid vaccination rate for people aged 16 and above

Sydney and Melbourne, eased their tough lockdown measures in recent weeks after hitting a 70% inoculation threshold

Oxford scientists find gene that doubles risk of dying from Covid-19

Scientists identified a specific gene that doubles the risk of respiratory failure from Covid-19

Airbnb results beat estimates as company weathers Delta crisis

The companies revenue grew 67 per cent to $2.2 billion in the third quarter, Airbnb said

Beijing's bond market meltdown brings world of hidden bills to light

The repeated sh­o­c­ks have only worsened inve­stor sentiment

Pfizer develops Covid pill that cuts hospitalisations and deaths by 89%

A pill that could be taken at home at the first sign of symptoms is a crucial tool for taming the Covid-19 crisis globally, so long as it's widely available

Chipmaker Nvidia's 2021 stock rally nears 130% as retail investors jump in

The advance added $80 billion to the company's valuation

Japan eases many Covid-era border restrictions as cases slump

The easing also means government will begin reissuing visas for long and short-term stays, which will mainly affect foreign students, technical trainee workers and those relocating to Japan for work

Peloton lowers forecast after pandemic sales' boom turns to bust

The grim outlook sent the stock tumbling as much as 30% to $60.12 in late trading. Even before the swoon, Peloton shares were down 43% this year.