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India turns to artificial intelligence for better and faster economic data

The country of 1.3 billion people, only 20 per cent of whom know how to use the internet, had to suspend field surveys during the lockdown, which led to gaps in reporting monthly retail inflation numb

Why India should honour the $1.2 bn arbitration award in Cairn's favour

This year's budget is due on Monday. All that Finance Minister Sitharaman has to do is to make a provision for the Cairn payment, an insignificant footnote in her $415 billion-plus expenditure plan

Infosys CEO to accelerate hiring from US, Europe even after Trump departure

While the bulk of Infosys's recruitment remains in India -- with 15,000 grads enlisted over the past 12 months -- Infosys is laying the foundation for more hiring abroad at a rapid clip

Deluge of emerging market ETF flow slows last week, shows data

The slowdown came as some investors questioned the recent euphoria in risk assets

Goldman CEO David Solomon's pay drops $10 million over 1MDB scandal

Excluding that penalty, the board effectively kept Solomon's pay flat for the year

Vladimir Putin warns of global tensions similar to 1930s in Davos speech

Putin drew parallels with the 1930s when he said a failure to resolve international problems sparked World War II.

Microsoft sales climb 17%, lifted by robust cloud demand; stock jumps

Microsoft shares climbed about 3.1 per cent in premarket trading in New York on Wednesday, as it continued to surpass record highs

World's richest men, Elon Musk and Jeff Bezos, fight over satellite fleets

A dispute that would normally be confined to regulatory filings is spilling into public view, in a spat that showcases the large personalities involved as billionaires chase dreams in the sky

Oil prices steady with market structure pointing to tight supply

Saudi Arabia and Iraq are throttling back supplies next month as the OPEC+ coalition seeks to shore up prices against resurgent virus infections and new lockdowns

Govt plans $41 bn reform in Budget 2021 to revive ailing power discoms

The plan for carrying out reforms for reducing losses of state distribution utilities was sought by the nation's power ministry and is under discussion

Bill Gates calls for billions in annual spending to stop the next pandemic

The Gates Foundation has invested $1.75 billion in the fight against Covid-19

Bonds in India head for losses on PM Modi's near-record borrowing plan

The relentless supply of sovereign debt has been the biggest hurdle for Indian bonds this fiscal year, as pandemic relief efforts took precedence

India's unusual Covid vaccine problem: Plenty of shots, but few takers

While vaccine hesitancy has surfaced in places like Japan and Brazil, and China's candidates have also faced questions over data, the scale of the problem in India is by far the biggest

Trailing the first vaccines, next generation turns to coronavirus variants

Imperial is changing the strategy after Merck & Co said Monday it's abandoning development of two experimental Covid vaccines due to lackluster test results

From Pony Ma to Jack Ma, the rich win big with wild Hong Kong stocks

Tencent and Alibaba Group Holding, along with food-delivery giant Meituan and carmaker Geely Automobile Holdings, were among the stocks helping propel the rally.

Janet Yellen takes charge at US Treasury amid weak economic rebound

A group of 16 senators, along with leaders of a group of House centrists, have engaged with the White House on the aid bill.

IMF boosts world growth outlook as Covid-19 vaccines outweigh uncertainty

The pandemic is exacerbating inequality, with close to 90 million people likely to fall into extreme poverty in 2020 and 2021, the fund said

Donald Trump opens office to 'carry on' his administration's agenda

A slew of technology platforms excised Trump accounts or subgroups, including those on Twitter, Facebook, Shopify, Twitch and Instagram, after the Jan. 6 riot by pro-Trump supporters at the US Capitol

Stocks and futures dip on US fiscal-relief package timing; dollar up

A gauge of Asia-Pacific equities at one point slid the most in about two months, with shares in South Korea and China underperforming

Changing dynamics: Bears merely less bullish in today's stock market

"You hold your nose and you buy," David Kudla, chief investment strategist at Mainstay Capital Management, said in an interview on Bloomberg Television. "Stocks have been divorced from fundamentals."